Financials Sundart Holdings Limited

Equities

1568

VGG857251026

Homebuilding

Market Closed - Hong Kong S.E. 04:08:06 2024-04-30 am EDT 5-day change 1st Jan Change
0.43 HKD +3.61% Intraday chart for Sundart Holdings Limited +19.44% -4.44%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 10,791 10,295 7,964 5,158 1,424 733.8
Enterprise Value (EV) 1 10,505 9,701 7,281 3,769 -283.9 -938.7
P/E ratio 25.6 x 27 x 19.3 x 12.7 x 3.84 x 2.55 x
Yield 1.8% 1.47% 0.68% 3.35% 10.6% 17.6%
Capitalization / Revenue 2.17 x 1.91 x 1.31 x 0.87 x 0.25 x 0.16 x
EV / Revenue 2.11 x 1.8 x 1.19 x 0.64 x -0.05 x -0.2 x
EV / EBITDA 22.5 x 21.3 x 13.3 x 6.86 x -0.6 x -2.86 x
EV / FCF -17.5 x 24.5 x 30 x 6.96 x -0.79 x -89.7 x
FCF Yield -5.73% 4.08% 3.33% 14.4% -126% -1.12%
Price to Book 5.31 x 4.48 x 3.14 x 1.72 x 0.44 x 0.23 x
Nbr of stocks (in thousands) 2,158,210 2,158,210 2,158,210 2,158,210 2,158,210 2,158,210
Reference price 2 5.000 4.770 3.690 2.390 0.6600 0.3400
Announcement Date 4/26/18 4/23/19 4/27/20 4/27/21 4/27/22 4/27/23
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 4,983 5,391 6,096 5,929 5,690 4,679
EBITDA 1 466 455.7 548.4 549.5 471.8 328
EBIT 1 460.2 447.2 536.7 531.5 452.8 309.2
Operating Margin 9.23% 8.3% 8.8% 8.96% 7.96% 6.61%
Earnings before Tax (EBT) 1 485.5 445.2 489.1 478.7 432.8 336.4
Net income 1 421.1 381.2 413 406.5 371.3 287.5
Net margin 8.45% 7.07% 6.77% 6.86% 6.53% 6.15%
EPS 2 0.1951 0.1766 0.1914 0.1883 0.1720 0.1332
Free Cash Flow 1 -601.5 395.7 242.3 541.9 357.7 10.47
FCF margin -12.07% 7.34% 3.98% 9.14% 6.29% 0.22%
FCF Conversion (EBITDA) - 86.83% 44.2% 98.62% 75.81% 3.19%
FCF Conversion (Net income) - 103.81% 58.68% 133.32% 96.33% 3.64%
Dividend per Share 2 0.0900 0.0700 0.0250 0.0800 0.0700 0.0600
Announcement Date 4/26/18 4/23/19 4/27/20 4/27/21 4/27/22 4/27/23
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - - - -
Net Cash position 1 286 593 682 1,389 1,708 1,672
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -602 396 242 542 358 10.5
ROE (net income / shareholders' equity) 19% 17.6% 17.1% 14.7% 11.9% 8.88%
ROA (Net income/ Total Assets) 5.86% 5.69% 6.28% 5.53% 4.25% 2.82%
Assets 1 7,187 6,700 6,580 7,357 8,734 10,211
Book Value Per Share 2 0.9400 1.070 1.170 1.390 1.500 1.500
Cash Flow per Share 2 0.2900 0.4100 0.5000 0.7300 0.8300 0.7100
Capex 1 17.1 11.5 10.6 228 9.75 8.03
Capex / Sales 0.34% 0.21% 0.17% 3.85% 0.17% 0.17%
Announcement Date 4/26/18 4/23/19 4/27/20 4/27/21 4/27/22 4/27/23
1HKD in Million2HKD
Estimates
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