Market Closed -
Hong Kong S.E.
04:08:12 2024-06-14 EDT
|
5-day change
|
1st Jan Change
|
5.39
HKD
|
+0.94%
|
|
-3.92%
|
+16.41%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
132,475
|
98,289
|
98,352
|
97,497
|
96,266
|
107,252
|
-
|
-
|
Enterprise Value (EV)
1 |
166,663
|
125,874
|
200,871
|
197,480
|
262,269
|
255,045
|
205,979
|
265,469
|
P/E ratio
|
7.62
x
|
5.27
x
|
4.88
x
|
4.39
x
|
4.4
x
|
4.13
x
|
3.69
x
|
3.62
x
|
Yield
|
2.07%
|
2.91%
|
3.15%
|
3.62%
|
4.6%
|
4.61%
|
4.67%
|
5.11%
|
Capitalization / Revenue
|
0.16
x
|
0.11
x
|
0.1
x
|
0.09
x
|
0.08
x
|
0.09
x
|
0.08
x
|
0.08
x
|
EV / Revenue
|
0.2
x
|
0.14
x
|
0.2
x
|
0.18
x
|
0.23
x
|
0.22
x
|
0.16
x
|
0.2
x
|
EV / EBITDA
|
3.18
x
|
2.3
x
|
3.92
x
|
3.54
x
|
4.54
x
|
3.71
x
|
2.68
x
|
3.39
x
|
EV / FCF
|
18.5
x
|
11.9
x
|
-5.25
x
|
6.97
x
|
-7.39
x
|
-13.4
x
|
-37.4
x
|
-48.2
x
|
FCF Yield
|
5.4%
|
8.43%
|
-19%
|
14.4%
|
-13.5%
|
-7.48%
|
-2.67%
|
-2.08%
|
Price to Book
|
0.81
x
|
0.58
x
|
0.39
x
|
0.46
x
|
0.33
x
|
0.34
x
|
0.32
x
|
0.31
x
|
Nbr of stocks (in thousands)
|
13,579,542
|
13,579,542
|
13,579,542
|
13,579,542
|
13,579,542
|
13,579,542
|
-
|
-
|
Reference price
2 |
10.14
|
7.900
|
7.800
|
7.730
|
7.610
|
8.420
|
8.420
|
8.420
|
Announcement Date
|
3/30/20
|
3/30/21
|
3/30/22
|
3/30/23
|
3/28/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
830,452
|
910,325
|
1,020,010
|
1,096,313
|
1,137,993
|
1,186,158
|
1,291,891
|
1,318,718
|
EBITDA
1 |
52,490
|
54,650
|
51,230
|
55,779
|
57,798
|
68,760
|
76,958
|
78,227
|
EBIT
1 |
29,263
|
33,106
|
34,814
|
37,402
|
38,594
|
41,108
|
47,110
|
48,443
|
Operating Margin
|
3.52%
|
3.64%
|
3.41%
|
3.41%
|
3.39%
|
3.47%
|
3.65%
|
3.67%
|
Earnings before Tax (EBT)
1 |
28,027
|
31,491
|
35,151
|
37,824
|
38,828
|
41,655
|
45,831
|
47,305
|
Net income
1 |
20,197
|
22,393
|
24,691
|
26,642
|
26,097
|
28,008
|
30,873
|
31,741
|
Net margin
|
2.43%
|
2.46%
|
2.42%
|
2.43%
|
2.29%
|
2.36%
|
2.39%
|
2.41%
|
EPS
2 |
1.330
|
1.500
|
1.600
|
1.760
|
1.730
|
2.041
|
2.284
|
2.326
|
Free Cash Flow
1 |
8,999
|
10,615
|
-38,230
|
28,344
|
-35,497
|
-19,086
|
-5,502
|
-5,510
|
FCF margin
|
1.08%
|
1.17%
|
-3.75%
|
2.59%
|
-3.12%
|
-1.61%
|
-0.43%
|
-0.42%
|
FCF Conversion (EBITDA)
|
17.14%
|
19.42%
|
-
|
50.82%
|
-
|
-
|
-
|
-
|
FCF Conversion (Net income)
|
44.55%
|
47.4%
|
-
|
106.39%
|
-
|
-
|
-
|
-
|
Dividend per Share
2 |
0.2100
|
0.2300
|
0.2460
|
0.2800
|
0.3500
|
0.3886
|
0.3933
|
0.4303
|
Announcement Date
|
3/30/20
|
3/30/21
|
3/30/22
|
3/30/23
|
3/28/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2020 S2
|
2021 S1
|
2021 Q4
|
2021 S2
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2022 S2
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2024 Q1
|
---|
Net sales
1 |
477,517
|
370,789
|
539,535
|
488,515
|
284,535
|
531,495
|
264,478
|
276,019
|
540,497
|
257,925
|
297,891
|
555,816
|
273,539
|
267,521
|
265,403
|
274,949
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
|
-
|
-
|
17,709
|
16,942
|
10,614
|
18,141
|
7,617
|
11,691
|
19,308
|
9,578
|
10,595
|
18,094
|
8,443
|
11,125
|
7,928
|
-
|
Operating Margin
|
-
|
-
|
3.28%
|
3.47%
|
3.73%
|
3.41%
|
2.88%
|
4.24%
|
3.57%
|
3.71%
|
3.56%
|
3.26%
|
3.09%
|
4.16%
|
2.99%
|
-
|
Earnings before Tax (EBT)
|
-
|
-
|
18,058
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
1 |
-
|
-
|
13,077
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
6,025
|
Net margin
|
-
|
-
|
2.42%
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
2.19%
|
EPS
2 |
-
|
-
|
-
|
-
|
0.4500
|
-
|
0.3640
|
0.5260
|
-
|
0.3400
|
0.5300
|
-
|
0.3890
|
0.5210
|
0.3800
|
0.3990
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
3/30/20
|
8/28/20
|
3/30/21
|
8/30/21
|
3/30/22
|
3/30/22
|
4/29/22
|
8/30/22
|
8/30/22
|
10/28/22
|
3/30/23
|
3/30/23
|
4/28/23
|
8/30/23
|
10/30/23
|
4/29/24
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
34,187
|
27,585
|
102,519
|
99,983
|
166,003
|
147,793
|
98,727
|
158,217
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
0.6513
x
|
0.5048
x
|
2.001
x
|
1.792
x
|
2.872
x
|
2.149
x
|
1.283
x
|
2.023
x
|
Free Cash Flow
1 |
8,999
|
10,615
|
-38,230
|
28,344
|
-35,497
|
-19,086
|
-5,502
|
-5,510
|
ROE (net income / shareholders' equity)
|
12%
|
11.5%
|
11.1%
|
11.1%
|
9.8%
|
8.35%
|
8.65%
|
8.34%
|
ROA (Net income/ Total Assets)
|
2.02%
|
1.93%
|
1.9%
|
1.85%
|
1.64%
|
1.66%
|
1.85%
|
1.85%
|
Assets
1 |
999,375
|
1,162,065
|
1,297,864
|
1,438,480
|
1,593,465
|
1,687,240
|
1,666,235
|
1,719,448
|
Book Value Per Share
2 |
12.50
|
13.70
|
19.80
|
17.00
|
22.80
|
24.50
|
26.50
|
27.60
|
Cash Flow per Share
2 |
2.950
|
2.950
|
-0.5400
|
4.130
|
1.500
|
6.320
|
3.580
|
3.460
|
Capex
1 |
31,007
|
29,494
|
30,926
|
27,791
|
31,065
|
37,512
|
32,262
|
32,650
|
Capex / Sales
|
3.73%
|
3.24%
|
3.03%
|
2.53%
|
2.73%
|
3.16%
|
2.5%
|
2.48%
|
Announcement Date
|
3/30/20
|
3/30/21
|
3/30/22
|
3/30/23
|
3/28/24
|
-
|
-
|
-
|
Last Close Price
8.42
CNY Average target price
11.64
CNY Spread / Average Target +38.30% Consensus |
1st Jan change
|
Capi.
|
---|
| +4.53% | 60.67B | | -13.69% | 59.89B | | +26.64% | 40.01B | | +15.59% | 31.89B | | +10.90% | 28.69B | | +13.56% | 20.5B | | +11.36% | 18.76B | | +75.09% | 17.73B | | +39.37% | 17.1B |
Other Construction & Engineering
|