Market Closed -
Hong Kong S.E.
04:08:20 2024-04-26 EDT
|
5-day change
|
1st Jan Change
|
4.4
HKD
|
-0.90%
|
|
-0.90%
|
+17.65%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
232,169
|
146,451
|
365,593
|
362,387
|
467,705
|
528,511
|
-
|
-
|
Enterprise Value (EV)
1 |
328,918
|
207,348
|
349,281
|
311,076
|
398,410
|
468,175
|
453,441
|
438,047
|
P/E ratio
|
11.5
x
|
6.96
x
|
6.83
x
|
9.04
x
|
10.3
x
|
11.2
x
|
10.3
x
|
9.63
x
|
Yield
|
3.96%
|
5.79%
|
8.02%
|
-
|
6.86%
|
6.48%
|
7.21%
|
8.01%
|
Capitalization / Revenue
|
0.62
x
|
0.37
x
|
0.83
x
|
0.76
x
|
0.92
x
|
0.97
x
|
0.91
x
|
0.87
x
|
EV / Revenue
|
0.88
x
|
0.53
x
|
0.79
x
|
0.65
x
|
0.78
x
|
0.86
x
|
0.78
x
|
0.72
x
|
EV / EBITDA
|
2.81
x
|
1.74
x
|
2.82
x
|
2.5
x
|
3.11
x
|
3.25
x
|
3.03
x
|
2.84
x
|
EV / FCF
|
15.2
x
|
4.37
x
|
6.63
x
|
6.58
x
|
8.01
x
|
12.3
x
|
16.5
x
|
9.61
x
|
FCF Yield
|
6.6%
|
22.9%
|
15.1%
|
15.2%
|
12.5%
|
8.16%
|
6.06%
|
10.4%
|
Price to Book
|
0.66
x
|
0.4
x
|
0.42
x
|
-
|
0.7
x
|
0.83
x
|
0.81
x
|
0.78
x
|
Nbr of stocks (in thousands)
|
80,932,368
|
80,932,368
|
91,507,139
|
91,507,139
|
91,507,139
|
91,507,139
|
-
|
-
|
Reference price
2 |
2.869
|
1.810
|
2.119
|
2.711
|
3.399
|
4.073
|
4.073
|
4.073
|
Announcement Date
|
20-03-24
|
21-03-09
|
22-03-17
|
23-03-22
|
24-03-04
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
375,734
|
393,561
|
439,552
|
474,967
|
507,843
|
545,079
|
578,550
|
610,803
|
EBITDA
1 |
117,215
|
118,880
|
123,912
|
124,436
|
128,247
|
144,038
|
149,738
|
154,106
|
EBIT
1 |
29,070
|
28,640
|
30,947
|
41,304
|
42,569
|
42,165
|
44,710
|
47,173
|
Operating Margin
|
7.74%
|
7.28%
|
7.04%
|
8.7%
|
8.38%
|
7.74%
|
7.73%
|
7.72%
|
Earnings before Tax (EBT)
1 |
27,034
|
27,387
|
33,864
|
35,714
|
39,204
|
42,478
|
46,827
|
50,362
|
Net income
1 |
20,517
|
20,850
|
25,948
|
27,593
|
30,446
|
33,210
|
36,180
|
38,846
|
Net margin
|
5.46%
|
5.3%
|
5.9%
|
5.81%
|
6%
|
6.09%
|
6.25%
|
6.36%
|
EPS
2 |
0.2500
|
0.2600
|
0.3100
|
0.3000
|
0.3300
|
0.3634
|
0.3957
|
0.4230
|
Free Cash Flow
1 |
21,700
|
47,460
|
52,686
|
47,270
|
49,761
|
38,202
|
27,459
|
45,576
|
FCF margin
|
5.78%
|
12.06%
|
11.99%
|
9.95%
|
9.8%
|
7.01%
|
4.75%
|
7.46%
|
FCF Conversion (EBITDA)
|
18.51%
|
39.92%
|
42.52%
|
37.99%
|
38.8%
|
26.52%
|
18.34%
|
29.57%
|
FCF Conversion (Net income)
|
105.77%
|
227.63%
|
203.04%
|
171.31%
|
163.44%
|
115.03%
|
75.89%
|
117.32%
|
Dividend per Share
2 |
0.1136
|
0.1048
|
0.1700
|
-
|
0.2332
|
0.2637
|
0.2936
|
0.3264
|
Announcement Date
|
20-03-24
|
21-03-09
|
22-03-17
|
23-03-22
|
24-03-04
|
-
|
-
|
-
|
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 S1
|
2023 Q3
|
2023 Q4
|
2023 S2
|
2024 S1
|
2024 S2
|
---|
Net sales
1 |
185,246
|
193,803
|
199,758
|
219,237
|
110,311
|
220,315
|
119,629
|
122,690
|
242,319
|
118,663
|
120,466
|
239,129
|
-
|
130,076
|
260,664
|
123,590
|
126,740
|
249,164
|
273,294
|
265,650
|
EBITDA
1 |
53,928
|
63,154
|
55,726
|
66,348
|
27,564
|
57,564
|
32,361
|
37,487
|
69,848
|
30,610
|
29,901
|
60,511
|
-
|
39,472
|
73,300
|
32,302
|
33,530
|
-
|
-
|
-
|
EBIT
1 |
9,126
|
18,978
|
9,662
|
21,251
|
2,693
|
9,696
|
-
|
14,001
|
23,113
|
-
|
3,110
|
10,314
|
-
|
15,506
|
25,508
|
8,329
|
5,838
|
15,375
|
26,954
|
13,100
|
Operating Margin
|
4.93%
|
9.79%
|
4.84%
|
9.69%
|
2.44%
|
4.4%
|
-
|
11.41%
|
9.54%
|
-
|
2.58%
|
4.31%
|
-
|
11.92%
|
9.79%
|
6.74%
|
4.61%
|
6.17%
|
9.86%
|
4.93%
|
Earnings before Tax (EBT)
1 |
8,516
|
18,246
|
9,141
|
23,415
|
-
|
10,449
|
-
|
-
|
-
|
-
|
3,883
|
11,789
|
-
|
-
|
-
|
8,834
|
13,025
|
-
|
-
|
-
|
Net income
1 |
6,608
|
13,949
|
6,901
|
17,743
|
2,621
|
8,205
|
7,223
|
11,068
|
18,291
|
6,252
|
3,050
|
9,302
|
-
|
12,169
|
20,153
|
6,948
|
3,345
|
-
|
-
|
-
|
Net margin
|
3.57%
|
7.2%
|
3.45%
|
8.09%
|
2.38%
|
3.72%
|
6.04%
|
9.02%
|
7.55%
|
5.27%
|
2.53%
|
3.89%
|
-
|
9.36%
|
7.73%
|
5.62%
|
2.64%
|
-
|
-
|
-
|
EPS
|
0.0780
|
0.1720
|
0.0880
|
0.2200
|
-
|
0.0900
|
-
|
-
|
-
|
-
|
-
|
0.1000
|
0.0900
|
0.1300
|
0.2200
|
-
|
-
|
0.1100
|
0.2400
|
0.1200
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
20-03-24
|
20-08-18
|
21-03-09
|
21-08-10
|
22-03-17
|
22-03-17
|
22-04-20
|
22-08-16
|
22-08-16
|
22-10-20
|
23-03-22
|
23-03-22
|
23-04-20
|
23-08-08
|
23-08-08
|
23-10-20
|
24-03-04
|
24-03-04
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
96,749
|
60,897
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
-
|
-
|
16,312
|
51,311
|
69,295
|
60,336
|
75,070
|
90,464
|
Leverage (Debt/EBITDA)
|
0.8254
x
|
0.5123
x
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
21,700
|
47,460
|
52,686
|
47,270
|
49,761
|
38,202
|
27,459
|
45,576
|
ROE (net income / shareholders' equity)
|
5.9%
|
5.82%
|
6.55%
|
6.41%
|
6.9%
|
7.54%
|
7.93%
|
8.28%
|
ROA (Net income/ Total Assets)
|
3%
|
2.94%
|
3.51%
|
-
|
3.71%
|
3.93%
|
4.13%
|
4.37%
|
Assets
1 |
683,262
|
709,111
|
738,666
|
-
|
821,746
|
844,319
|
877,101
|
889,949
|
Book Value Per Share
2 |
4.360
|
4.490
|
5.080
|
-
|
4.840
|
4.900
|
5.020
|
5.200
|
Cash Flow per Share
2 |
1.390
|
1.630
|
1.630
|
-
|
1.510
|
1.480
|
1.530
|
1.580
|
Capex
1 |
77,600
|
84,800
|
84,847
|
89,949
|
88,862
|
94,683
|
94,686
|
92,678
|
Capex / Sales
|
20.65%
|
21.55%
|
19.3%
|
18.94%
|
17.5%
|
17.33%
|
16.37%
|
15.17%
|
Announcement Date
|
20-03-24
|
21-03-09
|
22-03-17
|
23-03-22
|
24-03-04
|
-
|
-
|
-
|
Last Close Price
4.073
CNY Average target price
5.015
CNY Spread / Average Target +23.13% Consensus |