Market Closed -
Hong Kong S.E.
04:08:20 2024-04-26 am EDT
|
5-day change
|
1st Jan Change
|
6.16
HKD
|
+0.98%
|
|
+3.88%
|
-6.38%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
37,011
|
27,481
|
18,360
|
18,291
|
15,747
|
14,742
|
-
|
-
|
Enterprise Value (EV)
1 |
51,384
|
47,934
|
49,804
|
60,838
|
15,747
|
14,742
|
14,742
|
14,742
|
P/E ratio
|
7.35
x
|
6.84
x
|
5.09
x
|
14.2
x
|
8.33
x
|
3.73
x
|
3.49
x
|
3.93
x
|
Yield
|
6.83%
|
7.67%
|
10.2%
|
3.36%
|
6.08%
|
13.5%
|
13.3%
|
12.8%
|
Capitalization / Revenue
|
2.2
x
|
1.41
x
|
0.99
x
|
1.18
x
|
0.77
x
|
0.92
x
|
0.82
x
|
0.71
x
|
EV / Revenue
|
2.2
x
|
1.41
x
|
0.99
x
|
1.18
x
|
0.77
x
|
0.92
x
|
0.82
x
|
0.71
x
|
EV / EBITDA
|
3.45
x
|
2.15
x
|
1.43
x
|
1.87
x
|
1.62
x
|
1.15
x
|
1.2
x
|
1.13
x
|
EV / FCF
|
12,126,658
x
|
-4,972,989
x
|
-4,160,510
x
|
6,300,980
x
|
-
|
-
|
-
|
-
|
FCF Yield
|
0%
|
-0%
|
-0%
|
0%
|
-
|
-
|
-
|
-
|
Price to Book
|
1.13
x
|
0.74
x
|
0.45
x
|
0.59
x
|
-
|
0.4
x
|
0.37
x
|
0.34
x
|
Nbr of stocks (in thousands)
|
2,161,842
|
2,194,991
|
2,266,714
|
2,387,809
|
2,393,149
|
2,393,149
|
-
|
-
|
Reference price
2 |
17.12
|
12.52
|
8.100
|
7.660
|
6.580
|
6.160
|
6.160
|
6.160
|
Announcement Date
|
3/20/20
|
3/26/21
|
3/30/22
|
3/28/23
|
3/28/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
16,820
|
19,452
|
18,542
|
15,529
|
20,524
|
16,051
|
18,082
|
20,725
|
EBITDA
1 |
10,739
|
12,802
|
12,836
|
9,792
|
9,732
|
12,862
|
12,252
|
13,061
|
EBIT
1 |
8,625
|
10,270
|
9,604
|
7,084
|
6,474
|
8,900
|
8,587
|
9,282
|
Operating Margin
|
51.28%
|
52.79%
|
51.8%
|
45.61%
|
31.54%
|
55.45%
|
47.49%
|
44.78%
|
Earnings before Tax (EBT)
1 |
9,148
|
9,111
|
8,718
|
2,931
|
5,194
|
7,703
|
7,839
|
7,822
|
Net income
1 |
5,021
|
4,007
|
3,563
|
1,254
|
1,902
|
3,829
|
4,070
|
3,632
|
Net margin
|
29.85%
|
20.6%
|
19.21%
|
8.07%
|
9.27%
|
23.85%
|
22.51%
|
17.53%
|
EPS
2 |
2.330
|
1.830
|
1.590
|
0.5400
|
0.7900
|
1.653
|
1.763
|
1.567
|
Free Cash Flow
|
3,052
|
-5,526
|
-4,413
|
2,903
|
-
|
-
|
-
|
-
|
FCF margin
|
18.14%
|
-28.41%
|
-23.8%
|
18.69%
|
-
|
-
|
-
|
-
|
FCF Conversion (EBITDA)
|
28.42%
|
-
|
-
|
29.65%
|
-
|
-
|
-
|
-
|
FCF Conversion (Net income)
|
60.79%
|
-
|
-
|
231.5%
|
-
|
-
|
-
|
-
|
Dividend per Share
2 |
1.170
|
0.9600
|
0.8280
|
0.2570
|
0.4000
|
0.8300
|
0.8219
|
0.7900
|
Announcement Date
|
3/20/20
|
3/26/21
|
3/30/22
|
3/28/23
|
3/28/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
|
14,374
|
20,453
|
31,443
|
42,547
|
-
|
-
|
-
|
-
|
Net Cash position
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
1.339
x
|
1.598
x
|
2.45
x
|
4.345
x
|
-
|
-
|
-
|
-
|
Free Cash Flow
|
3,052
|
-5,526
|
-4,413
|
2,903
|
-
|
-
|
-
|
-
|
ROE (net income / shareholders' equity)
|
16%
|
11.8%
|
9.26%
|
3.46%
|
6.05%
|
10.8%
|
10.4%
|
8.86%
|
ROA (Net income/ Total Assets)
|
5.71%
|
4.01%
|
3.01%
|
0.92%
|
1.44%
|
2.92%
|
2.87%
|
2.55%
|
Assets
1 |
87,886
|
100,004
|
118,448
|
135,779
|
131,994
|
131,344
|
142,059
|
142,724
|
Book Value Per Share
2 |
15.10
|
16.80
|
18.00
|
13.10
|
-
|
15.30
|
16.70
|
18.00
|
Cash Flow per Share
|
3.410
|
0.2900
|
1.640
|
-
|
-
|
-
|
-
|
-
|
Capex
1 |
4,292
|
6,540
|
7,600
|
7,231
|
-
|
9,560
|
7,910
|
7,556
|
Capex / Sales
|
25.52%
|
33.62%
|
40.99%
|
46.56%
|
-
|
59.56%
|
43.74%
|
36.46%
|
Announcement Date
|
3/20/20
|
3/26/21
|
3/30/22
|
3/28/23
|
3/28/24
|
-
|
-
|
-
|
Last Close Price
6.16
HKD Average target price
9.95
HKD Spread / Average Target +61.53% Consensus |
1st Jan change
|
Capi.
|
---|
| -6.38% | 1.88B | | -9.26% | 25.09B | | +0.22% | 20.21B | | +17.30% | 10.79B | | +11.54% | 7.27B | | +9.97% | 6.98B | | +5.41% | 6.49B | | +33.00% | 6.17B | | -10.73% | 4.88B | | -11.92% | 4.91B |
Highway Operators
|