Financials Kingmaker Footwear Holdings Limited

Equities

1170

BMG5256W1029

Footwear

Market Closed - Hong Kong S.E. 04:08:20 2024-04-26 am EDT 5-day change 1st Jan Change
0.89 HKD +2.30% Intraday chart for Kingmaker Footwear Holdings Limited +7.23% +18.67%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 1,382 1,157 513.3 605.7 711.9 586.3
Enterprise Value (EV) 1 571.5 540.1 70.7 228.8 426.3 196.3
P/E ratio 5.62 x 32.7 x -10 x 6.9 x -39.4 x 11 x
Yield 2.91% 1.67% - 3.33% - 4.37%
Capitalization / Revenue 1.19 x 1.05 x 0.49 x 0.75 x 0.84 x 0.55 x
EV / Revenue 0.49 x 0.49 x 0.07 x 0.28 x 0.51 x 0.18 x
EV / EBITDA 7.76 x 94.8 x -1.84 x -5.26 x -9.4 x 9.8 x
EV / FCF 49.8 x -4.21 x -0.48 x -2.97 x -6.69 x 2.01 x
FCF Yield 2.01% -23.8% -209% -33.7% -15% 49.9%
Price to Book 1.17 x 1.04 x 0.44 x 0.49 x 0.59 x 0.49 x
Nbr of stocks (in thousands) 670,962 688,755 684,429 672,989 671,557 673,941
Reference price 2 2.060 1.680 0.7500 0.9000 1.060 0.8700
Announcement Date 7/19/18 7/22/19 7/17/20 7/16/21 7/18/22 7/18/23
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 1,165 1,101 1,050 804.7 842.7 1,062
EBITDA 1 73.62 5.696 -38.32 -43.48 -45.37 20.02
EBIT 1 35.72 -27.72 -70.53 -72.32 -74.98 -7.593
Operating Margin 3.07% -2.52% -6.72% -8.99% -8.9% -0.71%
Earnings before Tax (EBT) 1 227.6 5.956 -73.79 83.88 -33.52 50.32
Net income 1 257.3 35.59 -51.39 88.1 -18.04 53.41
Net margin 22.08% 3.23% -4.89% 10.95% -2.14% 5.03%
EPS 2 0.3667 0.0513 -0.0750 0.1305 -0.0269 0.0791
Free Cash Flow 1 11.46 -128.4 -147.5 -77.08 -63.76 97.86
FCF margin 0.98% -11.67% -14.05% -9.58% -7.57% 9.21%
FCF Conversion (EBITDA) 15.57% - - - - 488.79%
FCF Conversion (Net income) 4.46% - - - - 183.23%
Dividend per Share 2 0.0600 0.0280 - 0.0300 - 0.0380
Announcement Date 7/19/18 7/22/19 7/17/20 7/16/21 7/18/22 7/18/23
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 811 617 443 377 286 390
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 11.5 -128 -147 -77.1 -63.8 97.9
ROE (net income / shareholders' equity) 21% 2.85% -4.58% 6.56% -1.6% 4.43%
ROA (Net income/ Total Assets) 1.29% -1.07% -2.91% -2.85% -2.84% -0.29%
Assets 1 20,006 -3,319 1,765 -3,090 635.2 -18,266
Book Value Per Share 2 1.760 1.620 1.710 1.860 1.800 1.780
Cash Flow per Share 2 1.160 0.8900 0.6600 0.5600 0.4500 0.5800
Capex 1 25.9 24.1 17.5 10.3 14.9 12.1
Capex / Sales 2.23% 2.19% 1.66% 1.28% 1.76% 1.14%
Announcement Date 7/19/18 7/22/19 7/17/20 7/16/21 7/18/22 7/18/23
1HKD in Million2HKD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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