Market Closed -
Hong Kong S.E.
04:08:20 2024-04-26 am EDT
|
5-day change
|
1st Jan Change
|
33.9
HKD
|
0.00%
|
|
+9.89%
|
-22.69%
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
193,636
|
135,204
|
147,396
|
141,383
|
128,969
|
86,575
|
-
|
-
|
Enterprise Value (EV)
1 |
215,159
|
161,925
|
183,502
|
192,726
|
176,543
|
136,317
|
136,507
|
137,024
|
P/E ratio
|
9.6
x
|
-8.04
x
|
124
x
|
20.5
x
|
7.3
x
|
13.3
x
|
12.7
x
|
12
x
|
Yield
|
2.95%
|
4.37%
|
4.1%
|
4.56%
|
5.43%
|
7.62%
|
7.96%
|
8.45%
|
Capitalization / Revenue
|
19.3
x
|
12.6
x
|
13.7
x
|
12.2
x
|
10.5
x
|
6.37
x
|
6.12
x
|
5.9
x
|
EV / Revenue
|
21.4
x
|
15.1
x
|
17.1
x
|
16.6
x
|
14.4
x
|
10
x
|
9.65
x
|
9.35
x
|
EV / EBITDA
|
29.4
x
|
20.6
x
|
23.2
x
|
23.1
x
|
20.4
x
|
14.1
x
|
13.6
x
|
13.2
x
|
EV / FCF
|
65.8
x
|
32.5
x
|
33.8
x
|
33.2
x
|
25.9
x
|
15.5
x
|
14.6
x
|
14.3
x
|
FCF Yield
|
1.52%
|
3.08%
|
2.96%
|
3.02%
|
3.86%
|
6.47%
|
6.83%
|
6.98%
|
Price to Book
|
1.02
x
|
0.85
x
|
0.93
x
|
0.87
x
|
0.68
x
|
0.47
x
|
0.47
x
|
0.47
x
|
Nbr of stocks (in thousands)
|
2,109,321
|
2,057,898
|
2,081,863
|
2,110,194
|
2,553,845
|
2,553,845
|
-
|
-
|
Reference price
2 |
91.80
|
65.70
|
70.80
|
67.00
|
50.50
|
33.90
|
33.90
|
33.90
|
Announcement Date
|
6/3/19
|
6/1/20
|
6/17/21
|
6/1/22
|
5/31/23
|
-
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
10,037
|
10,718
|
10,744
|
11,602
|
12,234
|
13,593
|
14,149
|
14,662
|
EBITDA
1 |
7,306
|
7,879
|
7,901
|
8,348
|
8,639
|
9,667
|
10,061
|
10,402
|
EBIT
1 |
7,284
|
7,804
|
7,810
|
8,264
|
8,545
|
9,591
|
10,011
|
10,425
|
Operating Margin
|
72.57%
|
72.81%
|
72.69%
|
71.23%
|
69.85%
|
70.56%
|
70.75%
|
71.1%
|
Earnings before Tax (EBT)
1 |
21,801
|
-16,591
|
1,844
|
8,136
|
16,299
|
7,996
|
8,344
|
8,719
|
Net income
1 |
20,329
|
-17,122
|
1,185
|
6,894
|
15,451
|
6,643
|
6,905
|
7,305
|
Net margin
|
202.54%
|
-159.75%
|
11.03%
|
59.42%
|
126.3%
|
48.87%
|
48.8%
|
49.83%
|
EPS
2 |
9.560
|
-8.170
|
0.5700
|
3.270
|
6.920
|
2.550
|
2.672
|
2.819
|
Free Cash Flow
1 |
3,269
|
4,983
|
5,432
|
5,812
|
6,821
|
8,817
|
9,330
|
9,559
|
FCF margin
|
32.57%
|
46.49%
|
50.56%
|
50.09%
|
55.75%
|
64.86%
|
65.94%
|
65.2%
|
FCF Conversion (EBITDA)
|
44.74%
|
63.24%
|
68.75%
|
69.62%
|
78.96%
|
91.21%
|
92.73%
|
91.9%
|
FCF Conversion (Net income)
|
16.08%
|
-
|
458.4%
|
84.31%
|
44.15%
|
132.72%
|
135.11%
|
130.85%
|
Dividend per Share
2 |
2.712
|
2.872
|
2.900
|
3.057
|
2.743
|
2.582
|
2.700
|
2.865
|
Announcement Date
|
6/3/19
|
6/1/20
|
6/17/21
|
6/1/22
|
5/31/23
|
-
|
-
|
-
|
Fiscal Period: March |
2020 S1
|
2020 S2
|
2021 S1
|
2021 S2
|
2022 S1
|
2022 S2
|
2023 S1
|
2023 S2
|
2024 S1
|
2024 S2
|
---|
Net sales
1 |
5,332
|
5,386
|
5,233
|
5,511
|
5,778
|
5,824
|
6,042
|
6,192
|
6,725
|
7,088
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
-
|
-
|
-
|
3,993
|
4,419
|
3,845
|
4,259
|
4,286
|
4,680
|
4,913
|
Operating Margin
|
-
|
-
|
-
|
72.46%
|
76.48%
|
66.02%
|
70.49%
|
69.22%
|
69.59%
|
69.32%
|
Earnings before Tax (EBT)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net margin
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EPS
|
3.140
|
-11.31
|
-1.990
|
2.560
|
2.980
|
0.2900
|
6.610
|
0.3100
|
-1.330
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
11/13/19
|
6/1/20
|
11/9/20
|
6/17/21
|
11/10/21
|
6/1/22
|
11/9/22
|
5/31/23
|
11/8/23
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
21,523
|
26,721
|
36,106
|
51,343
|
47,574
|
49,742
|
49,931
|
50,448
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
2.946
x
|
3.391
x
|
4.57
x
|
6.15
x
|
5.507
x
|
5.146
x
|
4.963
x
|
4.85
x
|
Free Cash Flow
1 |
3,269
|
4,983
|
5,432
|
5,812
|
6,821
|
8,817
|
9,330
|
9,559
|
ROE (net income / shareholders' equity)
|
3.4%
|
3.92%
|
0.74%
|
4.29%
|
3.82%
|
3.52%
|
3.71%
|
3.9%
|
ROA (Net income/ Total Assets)
|
2.81%
|
3.14%
|
0.57%
|
3.17%
|
2.72%
|
2.54%
|
2.72%
|
2.9%
|
Assets
1 |
722,655
|
-544,940
|
208,752
|
217,799
|
568,428
|
261,371
|
254,034
|
252,083
|
Book Value Per Share
2 |
89.80
|
77.60
|
76.20
|
77.10
|
74.00
|
72.10
|
71.90
|
72.20
|
Cash Flow per Share
2 |
2.790
|
3.140
|
3.420
|
3.150
|
3.410
|
3.330
|
3.490
|
3.530
|
Capex
1 |
2,672
|
1,606
|
1,646
|
886
|
820
|
493
|
583
|
680
|
Capex / Sales
|
26.62%
|
14.98%
|
15.32%
|
7.64%
|
6.7%
|
3.63%
|
4.12%
|
4.64%
|
Announcement Date
|
6/3/19
|
6/1/20
|
6/17/21
|
6/1/22
|
5/31/23
|
-
|
-
|
-
|
Last Close Price
33.9
HKD Average target price
48
HKD Spread / Average Target +41.58% Consensus |
1st Jan change
|
Capi.
|
---|
| -22.69% | 11.06B | | -0.20% | 46.38B | | -13.75% | 12.39B | | -13.01% | 10.74B | | -5.43% | 7.45B | | -6.66% | 6.54B | | -8.23% | 5.8B | | -7.60% | 5.6B | | -7.00% | 4.67B | | -10.61% | 3.99B |
Retail REITs
|