Financials The Bank of East Asia, Limited

Equities

23

HK0023000190

Banks

Market Closed - Hong Kong S.E. 04:08:20 2024-04-26 am EDT 5-day change 1st Jan Change
9.62 HKD +1.91% Intraday chart for The Bank of East Asia, Limited +5.60% -0.21%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 50,573 48,299 32,734 25,348 25,539 25,432 - -
Enterprise Value (EV) 1 50,573 48,299 32,734 25,348 25,539 25,432 25,432 25,432
P/E ratio 19.6 x 17.1 x 7.32 x 7.17 x 7.3 x 4.98 x 4.87 x 4.53 x
Yield 2.64% 2.42% 6.25% 8.56% - 9.12% 9.31% 10.1%
Capitalization / Revenue 2.57 x 2.79 x 2.01 x 1.41 x 1.23 x 1.22 x 1.27 x 1.26 x
EV / Revenue 2.57 x 2.79 x 2.01 x 1.41 x 1.23 x 1.22 x 1.27 x 1.26 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 0.46 x 0.43 x 0.28 x 0.26 x - 0.26 x 0.25 x 0.23 x
Nbr of stocks (in thousands) 2,906,471 2,916,588 2,922,636 2,679,533 2,649,304 2,643,653 - -
Reference price 2 17.40 16.56 11.20 9.460 9.640 9.620 9.620 9.620
Announcement Date 2/19/20 2/24/21 2/24/22 2/16/23 2/21/24 - - -
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 19,684 17,310 16,283 17,954 20,746 20,799 20,095 20,240
EBITDA - - - - - - - -
EBIT 1 9,793 8,347 6,962 8,730 11,314 11,427 10,724 11,238
Operating Margin 49.75% 48.22% 42.76% 48.62% 54.54% 54.94% 53.36% 55.52%
Earnings before Tax (EBT) 1 3,198 3,606 6,136 4,941 5,310 7,143 7,452 8,025
Net income 1 3,260 3,614 5,270 4,359 4,118 5,166 5,665 6,530
Net margin 16.56% 20.88% 32.37% 24.28% 19.85% 24.84% 28.19% 32.26%
EPS 2 0.8900 0.9700 1.530 1.320 1.320 1.932 1.974 2.125
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 0.4600 0.4000 0.7000 0.8100 - 0.8771 0.8958 0.9671
Announcement Date 2/19/20 2/24/21 2/24/22 2/16/23 2/21/24 - - -
1HKD in Million2HKD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2019 S2 2020 S1 2020 S2 2021 S1 2022 S1 2022 S2 2023 S1 2023 S2 2024 S1 2024 S2
Net sales 1 9,582 8,474 8,836 8,415 8,118 9,836 10,276 10,470 10,320 10,235
EBITDA - - - - - - - - - -
EBIT - - - - 3,712 - 5,688 - - -
Operating Margin - - - - 45.73% - 55.35% - - -
Earnings before Tax (EBT) - - - - 1,802 - 3,323 - - -
Net income - - - - 1,499 - 2,636 - - -
Net margin - - - - 18.47% - 25.65% - - -
EPS 2 0.6700 0.3900 0.5800 0.7800 0.3900 0.9300 0.8700 0.4500 0.9100 1.020
Dividend per Share - - - - 0.1600 - 0.3600 - - -
Announcement Date 2/19/20 8/20/20 2/24/21 8/19/21 8/18/22 2/16/23 8/24/23 2/21/24 - -
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 2.7% 3% 4.61% 3.93% - 4.98% 5.22% 5.77%
ROA (Net income/ Total Assets) 0.3% 0.3% 0.59% 0.49% - 0.57% 0.55% 0.64%
Assets 1 1,086,667 1,204,667 895,954 895,072 - 913,889 1,023,179 1,028,359
Book Value Per Share 2 37.60 38.70 39.60 35.80 - 37.50 38.70 41.40
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 2/19/20 2/24/21 2/24/22 2/16/23 2/21/24 - - -
1HKD in Million2HKD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
9
Last Close Price
9.62 HKD
Average target price
10.56 HKD
Spread / Average Target
+9.81%
Consensus
  1. Stock Market
  2. Equities
  3. 23 Stock
  4. Financials The Bank of East Asia, Limited