Financials MEGAIN Holding (Cayman) Co., Ltd.

Equities

6939

KYG5961G1038

Semiconductors

Delayed Hong Kong S.E. 09:51:44 2024-06-02 pm EDT 5-day change 1st Jan Change
0.69 HKD +13.11% Intraday chart for MEGAIN Holding (Cayman) Co., Ltd. +9.52% +15.00%

Valuation

Fiscal Period: December 2021 2022 2023
Capitalization 1 541 307 282.9
Enterprise Value (EV) 1 310.6 32.58 39.07
P/E ratio 16.1 x 6.84 x 12.2 x
Yield 2.3% 5.85% 3.28%
Capitalization / Revenue 3.22 x 1.77 x 1.64 x
EV / Revenue 1.85 x 0.19 x 0.23 x
EV / EBITDA 7.66 x 0.69 x 2.02 x
EV / FCF -19.1 x 0.91 x -1.55 x
FCF Yield -5.25% 110% -64.4%
Price to Book 1.65 x 0.84 x 0.76 x
Nbr of stocks (in thousands) 518,750 518,750 518,750
Reference price 2 1.043 0.5917 0.5453
Announcement Date 4/27/22 4/27/23 4/25/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 246.1 157.6 156.8 167.9 173.4 172.4
EBITDA 1 82.85 54.09 48.92 40.54 46.92 19.32
EBIT 1 81.66 52.21 46.6 37.81 45.11 17.89
Operating Margin 33.18% 33.12% 29.72% 22.53% 26.02% 10.38%
Earnings before Tax (EBT) 1 78.14 53.23 35.94 38.43 54.43 27.35
Net income 1 62.68 41.31 28.75 31.26 44.89 23.21
Net margin 25.47% 26.21% 18.34% 18.62% 25.89% 13.46%
EPS - 0.1102 0.0767 0.0648 0.0865 0.0447
Free Cash Flow 1 65.06 12.51 75.82 -16.3 35.88 -25.17
FCF margin 26.44% 7.94% 48.36% -9.71% 20.7% -14.6%
FCF Conversion (EBITDA) 78.52% 23.13% 154.99% - 76.47% -
FCF Conversion (Net income) 103.79% 30.28% 263.73% - 79.94% -
Dividend per Share - - 0.0111 0.0240 0.0346 0.0179
Announcement Date 3/18/21 3/18/21 4/29/21 4/27/22 4/27/23 4/25/24
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 79.7 82.4 123 230 274 244
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 65.1 12.5 75.8 -16.3 35.9 -25.2
ROE (net income / shareholders' equity) 45.2% 25% 16.4% 12.5% 13% 6.32%
ROA (Net income/ Total Assets) 26.9% 15.2% 14% 8.48% 7.38% 2.81%
Assets 1 232.8 271.8 204.9 368.7 608.6 824.8
Book Value Per Share - - 0.4600 0.6300 0.7000 0.7100
Cash Flow per Share - - 0.3300 0.4600 0.5300 0.3500
Capex 1 2.93 1.96 2.02 2.03 1.34 5.4
Capex / Sales 1.19% 1.25% 1.29% 1.21% 0.77% 3.13%
Announcement Date 3/18/21 3/18/21 4/29/21 4/27/22 4/27/23 4/25/24
1CNY in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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