Financials Man Yue Technology Holdings Limited

Equities

894

BMG5803Y1066

Electronic Equipment & Parts

Market Closed - Hong Kong S.E. 04:08:22 2024-04-29 am EDT 5-day change 1st Jan Change
0.34 HKD -1.45% Intraday chart for Man Yue Technology Holdings Limited +7.94% -4.23%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 670.5 313.9 223.5 299.6 551.6 285.3
Enterprise Value (EV) 1 1,211 1,003 1,058 1,137 1,473 1,109
P/E ratio 13.9 x 7.29 x 7.08 x 12.5 x 7.21 x 6.68 x
Yield - - - - - -
Capitalization / Revenue 0.53 x 0.23 x 0.17 x 0.19 x 0.26 x 0.15 x
EV / Revenue 0.95 x 0.74 x 0.82 x 0.71 x 0.7 x 0.6 x
EV / EBITDA 8.6 x 9.11 x 11.8 x 8.68 x 8.68 x 7.03 x
EV / FCF -10.6 x -17.4 x 90.4 x -41 x -14.2 x 5.25 x
FCF Yield -9.41% -5.75% 1.11% -2.44% -7.02% 19.1%
Price to Book 0.47 x 0.23 x 0.16 x 0.2 x 0.33 x 0.19 x
Nbr of stocks (in thousands) 475,548 475,548 475,548 475,548 475,548 475,548
Reference price 2 1.410 0.6600 0.4700 0.6300 1.160 0.6000
Announcement Date 3/29/18 4/2/19 4/16/20 4/8/21 4/22/22 4/27/23
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 1,276 1,362 1,292 1,600 2,091 1,847
EBITDA 1 140.8 110.1 89.7 131 169.7 157.7
EBIT 1 80.93 53.93 33.3 72.46 104.6 97.02
Operating Margin 6.34% 3.96% 2.58% 4.53% 5% 5.25%
Earnings before Tax (EBT) 1 62.2 56.67 43.17 32.91 90.79 66.5
Net income 1 48.18 43.05 31.58 24.06 76.49 42.69
Net margin 3.78% 3.16% 2.44% 1.5% 3.66% 2.31%
EPS 2 0.1013 0.0905 0.0664 0.0506 0.1609 0.0898
Free Cash Flow 1 -113.9 -57.69 11.7 -27.74 -103.4 211.4
FCF margin -8.93% -4.24% 0.91% -1.73% -4.94% 11.45%
FCF Conversion (EBITDA) - - 13.04% - - 134.06%
FCF Conversion (Net income) - - 37.04% - - 495.24%
Dividend per Share - - - - - -
Announcement Date 3/29/18 4/2/19 4/16/20 4/8/21 4/22/22 4/27/23
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 540 689 834 838 921 823
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 3.839 x 6.262 x 9.3 x 6.396 x 5.427 x 5.222 x
Free Cash Flow 1 -114 -57.7 11.7 -27.7 -103 211
ROE (net income / shareholders' equity) 3.24% 2.81% 1.88% 1.77% 4.57% 2.48%
ROA (Net income/ Total Assets) 1.93% 1.23% 0.74% 1.47% 1.95% 1.82%
Assets 1 2,490 3,498 4,282 1,640 3,919 2,350
Book Value Per Share 2 2.980 2.900 2.860 3.170 3.470 3.100
Cash Flow per Share 2 0.6600 0.4300 0.4700 0.5500 0.4500 0.6600
Capex 1 41.2 77.5 50.8 76.8 97.5 77.9
Capex / Sales 3.23% 5.69% 3.93% 4.8% 4.66% 4.22%
Announcement Date 3/29/18 4/2/19 4/16/20 4/8/21 4/22/22 4/27/23
1HKD in Million2HKD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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