Financials Powerlong Real Estate Holdings Limited

Equities

1238

KYG720051047

Real Estate Development & Operations

Market Closed - Hong Kong S.E. 04:08:20 2024-04-26 am EDT 5-day change 1st Jan Change
0.61 HKD +10.91% Intraday chart for Powerlong Real Estate Holdings Limited +25.77% -16.44%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 19,257 18,653 13,764 5,741 2,747 2,338 -
Enterprise Value (EV) 1 54,644 60,770 69,854 57,025 2,747 2,338 2,338
P/E ratio 4.66 x 3.06 x 2.3 x 14 x -1.04 x - -
Yield 6.92% 8.37% 7.21% - - - -
Capitalization / Revenue 0.74 x 0.53 x 0.34 x 0.18 x 0.12 x 0.1 x 0.1 x
EV / Revenue 0.74 x 0.53 x 0.34 x 0.18 x 0.12 x 0.1 x 0.1 x
EV / EBITDA 2.63 x 1.78 x 1.45 x 0.76 x 3.99 x 0.42 x 0.39 x
EV / FCF 9,186,936 x -1,504,592 x 9,281,245 x 2,054,283 x - - -
FCF Yield 0% -0% 0% 0% - - -
Price to Book 0.57 x 0.51 x 0.33 x 0.14 x - - -
Nbr of stocks (in thousands) 4,143,903 4,142,403 4,140,403 4,140,403 4,140,403 4,140,403 -
Reference price 2 4.647 4.503 3.324 1.387 0.6635 0.5647 0.5647
Announcement Date 3/9/20 3/3/21 3/29/22 3/30/23 3/27/24 - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net sales 1 26,042 35,495 39,902 31,378 22,904 23,997 23,492
EBITDA 1 7,332 10,453 9,510 7,507 688.9 5,532 5,983
EBIT 1 7,059 10,174 9,215 7,194 340.7 5,267 5,715
Operating Margin 27.11% 28.66% 23.09% 22.93% 1.49% 21.95% 24.33%
Earnings before Tax (EBT) 1 9,856 13,283 12,148 4,171 -1,960 4,829 5,293
Net income 4,041 6,093 5,992 407.7 -2,653 - -
Net margin 15.52% 17.17% 15.02% 1.3% -11.58% - -
EPS 0.9980 1.471 1.447 0.0990 -0.6410 - -
Free Cash Flow 2,096 -12,397 1,483 2,795 - - -
FCF margin 8.05% -34.93% 3.72% 8.91% - - -
FCF Conversion (EBITDA) 28.59% - 15.59% 37.23% - - -
FCF Conversion (Net income) 51.87% - 24.75% 685.4% - - -
Dividend per Share 2 0.3218 0.3771 0.2398 - - - -
Announcement Date 3/9/20 3/3/21 3/29/22 3/30/23 3/27/24 - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2020 S2 2021 S1 2021 S2 2022 S1 2022 S2
Net sales 1 17,170 18,325 20,730 19,172 16,897 14,481
EBITDA - - - - - -
EBIT 1 - - 5,691 3,524 3,905 3,289
Operating Margin - - 27.45% 18.38% 23.11% 22.72%
Earnings before Tax (EBT) - - - - - -
Net income - - - - - -
Net margin - - - - - -
EPS 0.5360 0.9350 - - - -
Dividend per Share - - 0.1499 - - -
Announcement Date 8/18/20 3/3/21 8/18/21 3/29/22 8/30/22 3/30/23
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net Debt 35,387 42,118 56,090 51,284 - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) 4.827 x 4.029 x 5.898 x 6.831 x - - -
Free Cash Flow 2,096 -12,397 1,483 2,795 - - -
ROE (net income / shareholders' equity) 9.07% 17.6% 15.4% 5.92% - 4.14% 3.84%
ROA (Net income/ Total Assets) 2.74% 3.41% 2.72% 1.02% - - -
Assets 147,276 178,814 220,095 39,827 - - -
Book Value Per Share 8.110 8.870 9.950 10.10 - - -
Cash Flow per Share - -2.900 0.4700 - - - -
Capex 2,664 384 460 371 - - -
Capex / Sales 10.23% 1.08% 1.15% 1.18% - - -
Announcement Date 3/9/20 3/3/21 3/29/22 3/30/23 3/27/24 - -
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
2
Last Close Price
0.5647 CNY
Average target price
0.779 CNY
Spread / Average Target
+37.96%
Consensus

Quarterly revenue - Rate of surprise

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