Market Closed -
Hong Kong S.E.
04:08:20 2024-04-26 EDT
|
5-day change
|
1st Jan Change
|
1.24
HKD
|
+6.90%
|
|
+18.10%
|
-27.06%
|
Fiscal Period: December |
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Capitalization
1 |
49,230
|
69,271
|
60,472
|
41,130
|
28,909
|
8,659
|
8,659
|
-
|
Enterprise Value (EV)
1 |
49,441
|
64,349
|
54,110
|
44,476
|
43,161
|
11,871
|
25,927
|
27,855
|
P/E ratio
|
5.98
x
|
8.04
x
|
6.75
x
|
5.3
x
|
14.9
x
|
17
x
|
9.19
x
|
6.03
x
|
Yield
|
7.77%
|
6%
|
7.1%
|
8.83%
|
3.12%
|
4.71%
|
5.97%
|
8.72%
|
Capitalization / Revenue
|
1.27
x
|
1.78
x
|
1.51
x
|
0.94
x
|
0.9
x
|
0.43
x
|
0.32
x
|
0.31
x
|
EV / Revenue
|
1.27
x
|
1.65
x
|
1.35
x
|
1.01
x
|
1.34
x
|
0.43
x
|
0.95
x
|
0.99
x
|
EV / EBITDA
|
3.62
x
|
4.57
x
|
4.23
x
|
3.6
x
|
8.26
x
|
2.68
x
|
5.49
x
|
5.15
x
|
EV / FCF
|
4.82
x
|
6.9
x
|
6.32
x
|
26.7
x
|
-18.7
x
|
-10.5
x
|
-14.7
x
|
-50
x
|
FCF Yield
|
20.8%
|
14.5%
|
15.8%
|
3.74%
|
-5.35%
|
-9.53%
|
-6.81%
|
-2%
|
Price to Book
|
1.31
x
|
1.65
x
|
1.22
x
|
0.75
x
|
0.59
x
|
0.17
x
|
0.17
x
|
0.17
x
|
Nbr of stocks (in thousands)
|
6,982,938
|
6,982,938
|
6,982,938
|
6,982,938
|
6,982,938
|
6,982,938
|
6,982,938
|
-
|
Reference price
2 |
7.050
|
9.920
|
8.660
|
5.890
|
4.140
|
1.240
|
1.240
|
1.240
|
Announcement Date
|
19-03-08
|
20-03-27
|
21-03-12
|
22-03-18
|
23-03-17
|
24-03-15
|
-
|
-
|
Fiscal Period: December |
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Net sales
1 |
38,791
|
38,956
|
40,087
|
43,963
|
32,219
|
27,774
|
27,210
|
28,271
|
EBITDA
1 |
13,644
|
14,072
|
12,782
|
12,357
|
5,227
|
4,437
|
4,720
|
5,408
|
EBIT
1 |
11,569
|
11,946
|
10,647
|
9,824
|
2,688
|
1,635
|
1,598
|
2,381
|
Operating Margin
|
29.82%
|
30.66%
|
26.56%
|
22.35%
|
8.34%
|
5.89%
|
5.87%
|
8.42%
|
Earnings before Tax (EBT)
1 |
11,335
|
12,008
|
11,893
|
10,291
|
2,282
|
993.4
|
1,383
|
1,784
|
Net income
1 |
7,975
|
8,618
|
8,960
|
7,767
|
1,936
|
699.9
|
934.1
|
1,350
|
Net margin
|
20.56%
|
22.12%
|
22.35%
|
17.67%
|
6.01%
|
2.52%
|
3.43%
|
4.78%
|
EPS
2 |
1.179
|
1.234
|
1.283
|
1.112
|
0.2770
|
0.1000
|
0.1349
|
0.2057
|
Free Cash Flow
1 |
10,262
|
9,330
|
8,565
|
1,663
|
-2,310
|
-2,483
|
-1,766
|
-557.6
|
FCF margin
|
26.45%
|
23.95%
|
21.37%
|
3.78%
|
-7.17%
|
-9.55%
|
-6.49%
|
-1.97%
|
FCF Conversion (EBITDA)
|
75.21%
|
66.3%
|
67.01%
|
13.46%
|
-
|
-
|
-
|
-
|
FCF Conversion (Net income)
|
128.67%
|
108.27%
|
95.59%
|
21.41%
|
-
|
-
|
-
|
-
|
Dividend per Share
2 |
0.5480
|
0.5950
|
0.6150
|
0.5200
|
0.1290
|
0.0584
|
0.0741
|
0.1081
|
Announcement Date
|
19-03-08
|
20-03-27
|
21-03-12
|
22-03-18
|
23-03-17
|
24-03-15
|
-
|
-
|
Fiscal Period: December |
2019 S1
|
2019 S2
|
2020 S1
|
2020 S2
|
2021 Q2
|
2021 S1
|
2021 Q3
|
2021 Q4
|
2021 S2
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 S2
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 S2
|
2024 Q1
|
2024 S1
|
2024 S2
|
2025 S1
|
2025 S2
|
---|
Net sales
1 |
17,410
|
21,546
|
16,884
|
23,203
|
-
|
20,180
|
-
|
13,147
|
23,783
|
6,977
|
-
|
16,117
|
16,102
|
6,879
|
12,173
|
5,720
|
13,383
|
4,160
|
13,145
|
14,221
|
14,524
|
15,578
|
EBITDA
|
6,528
|
-
|
6,833
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
|
-
|
6,569
|
-
|
-
|
-
|
4,610
|
-
|
3,067
|
5,214
|
1,007
|
-
|
2,307
|
380.9
|
-
|
-
|
-
|
925.1
|
-
|
871.7
|
576.5
|
1,183
|
841.9
|
Operating Margin
|
-
|
30.49%
|
-
|
-
|
-
|
22.84%
|
-
|
23.33%
|
21.92%
|
14.44%
|
-
|
14.32%
|
2.37%
|
-
|
-
|
-
|
6.91%
|
-
|
6.63%
|
4.05%
|
8.14%
|
5.4%
|
Earnings before Tax (EBT)
|
5,305
|
-
|
5,855
|
-
|
-
|
-
|
-
|
3,185
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
1 |
3,766
|
-
|
4,191
|
-
|
2,344
|
3,634
|
1,680
|
2,454
|
-
|
729.5
|
1,075
|
1,805
|
-
|
658
|
620.9
|
89.26
|
-
|
-26
|
-
|
-
|
-
|
-
|
Net margin
|
21.63%
|
-
|
24.82%
|
-
|
-
|
18.01%
|
-
|
18.66%
|
-
|
10.46%
|
-
|
11.2%
|
-
|
9.57%
|
5.1%
|
1.56%
|
-
|
-0.62%
|
-
|
-
|
-
|
-
|
EPS
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
0.0890
|
-
|
0.0300
|
-
|
0.0540
|
0.0110
|
0.0760
|
0.0330
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
19-08-09
|
20-03-27
|
20-08-21
|
21-03-12
|
21-08-13
|
21-08-13
|
21-10-22
|
22-03-18
|
22-03-18
|
22-04-29
|
22-08-12
|
22-08-12
|
23-03-17
|
23-08-18
|
23-08-18
|
23-10-27
|
-
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Net Debt
1 |
211
|
-
|
-
|
3,346
|
14,252
|
17,413
|
17,268
|
19,196
|
Net Cash position
1 |
-
|
4,922
|
6,362
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
0.0155
x
|
-
|
-
|
0.2708
x
|
2.726
x
|
3.73
x
|
3.658
x
|
3.55
x
|
Free Cash Flow
1 |
10,262
|
9,330
|
8,565
|
1,663
|
-2,310
|
-2,483
|
-1,766
|
-558
|
ROE (net income / shareholders' equity)
|
23.5%
|
21.6%
|
19.6%
|
14.9%
|
3.72%
|
1.92%
|
2.48%
|
3.24%
|
ROA (Net income/ Total Assets)
|
13.6%
|
14.2%
|
13.8%
|
10.5%
|
2.42%
|
1.24%
|
1.26%
|
1.74%
|
Assets
1 |
58,516
|
60,839
|
64,852
|
73,841
|
79,880
|
67,590
|
74,388
|
77,590
|
Book Value Per Share
2 |
5.400
|
6.010
|
7.110
|
7.860
|
7.050
|
7.090
|
7.090
|
7.210
|
Cash Flow per Share
2 |
1.670
|
1.620
|
1.470
|
0.8600
|
0.4500
|
0.4300
|
0.6100
|
0.6300
|
Capex
1 |
1,069
|
1,955
|
1,703
|
4,203
|
5,480
|
6,050
|
5,301
|
4,165
|
Capex / Sales
|
2.76%
|
5.02%
|
4.25%
|
9.56%
|
17.01%
|
23.27%
|
19.48%
|
14.73%
|
Announcement Date
|
19-03-08
|
20-03-27
|
21-03-12
|
22-03-18
|
23-03-17
|
24-03-15
|
-
|
-
|
Last Close Price
1.24
HKD Average target price
1.986
HKD Spread / Average Target +60.16% Consensus |
1st Jan change
|
Capi.
|
---|
| -27.06% | 1.11B | | +19.81% | 48.58B | | -2.89% | 15.52B | | -1.00% | 15.46B | | -15.75% | 10.44B | | +26.55% | 8.84B | | +105.28% | 8.27B | | -0.30% | 7.96B | | -8.75% | 7.34B | | +23.60% | 6.73B |
Cement & Concrete Manufacturing
|