Market Closed -
Hong Kong S.E.
04:08:20 2024-04-26 EDT
|
5-day change
|
1st Jan Change
|
0.93
HKD
|
+1.09%
|
|
+5.68%
|
+13.41%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
270,545
|
168,877
|
123,336
|
130,576
|
131,180
|
151,521
|
-
|
-
|
Enterprise Value (EV)
1 |
359,821
|
252,955
|
218,169
|
204,578
|
221,851
|
206,278
|
195,859
|
190,320
|
P/E ratio
|
51.8
x
|
26.1
x
|
16.7
x
|
14.7
x
|
13.4
x
|
13.6
x
|
11.1
x
|
7.62
x
|
Yield
|
0.95%
|
2.33%
|
3.74%
|
4.36%
|
5.02%
|
4.95%
|
6.31%
|
9.37%
|
Capitalization / Revenue
|
3.54
x
|
2.08
x
|
1.42
x
|
1.42
x
|
1.4
x
|
1.54
x
|
1.48
x
|
1.41
x
|
EV / Revenue
|
4.71
x
|
3.12
x
|
2.52
x
|
2.22
x
|
2.36
x
|
2.09
x
|
1.91
x
|
1.77
x
|
EV / EBITDA
|
6.35
x
|
4.25
x
|
3.46
x
|
3.26
x
|
3.49
x
|
3.13
x
|
2.88
x
|
2.71
x
|
EV / FCF
|
15.8
x
|
12.4
x
|
6.18
x
|
5.26
x
|
-
|
5.37
x
|
6.56
x
|
6.54
x
|
FCF Yield
|
6.34%
|
8.07%
|
16.2%
|
19%
|
-
|
18.6%
|
15.2%
|
15.3%
|
Price to Book
|
1.48
x
|
0.91
x
|
0.65
x
|
0.67
x
|
-
|
0.74
x
|
0.73
x
|
0.7
x
|
Nbr of stocks (in thousands)
|
176,008,471
|
176,008,471
|
176,008,471
|
176,008,471
|
176,008,471
|
176,008,471
|
-
|
-
|
Reference price
2 |
1.537
|
0.9595
|
0.7007
|
0.7419
|
0.7453
|
0.8609
|
0.8609
|
0.8609
|
Announcement Date
|
20-03-18
|
21-03-08
|
22-03-09
|
23-03-02
|
24-03-18
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
76,428
|
81,099
|
86,585
|
92,170
|
94,009
|
98,633
|
102,665
|
107,317
|
EBITDA
1 |
56,696
|
59,527
|
63,017
|
62,844
|
63,551
|
65,804
|
68,113
|
70,283
|
EBIT
1 |
11,281
|
12,012
|
13,035
|
13,312
|
14,502
|
16,801
|
19,593
|
27,752
|
Operating Margin
|
14.76%
|
14.81%
|
15.05%
|
14.44%
|
15.43%
|
17.03%
|
19.08%
|
25.86%
|
Earnings before Tax (EBT)
1 |
6,837
|
8,407
|
9,615
|
11,528
|
12,832
|
14,597
|
17,532
|
26,567
|
Net income
1 |
5,222
|
6,428
|
7,329
|
8,787
|
9,750
|
11,098
|
13,314
|
20,143
|
Net margin
|
6.83%
|
7.93%
|
8.46%
|
9.53%
|
10.37%
|
11.25%
|
12.97%
|
18.77%
|
EPS
2 |
0.0297
|
0.0368
|
0.0419
|
0.0503
|
0.0558
|
0.0632
|
0.0775
|
0.1130
|
Free Cash Flow
1 |
22,812
|
20,426
|
35,311
|
38,927
|
-
|
38,438
|
29,867
|
29,084
|
FCF margin
|
29.85%
|
25.19%
|
40.78%
|
42.23%
|
-
|
38.97%
|
29.09%
|
27.1%
|
FCF Conversion (EBITDA)
|
40.24%
|
34.31%
|
56.03%
|
61.94%
|
-
|
58.41%
|
43.85%
|
41.38%
|
FCF Conversion (Net income)
|
436.84%
|
317.77%
|
481.8%
|
443.01%
|
-
|
346.36%
|
224.32%
|
144.39%
|
Dividend per Share
2 |
0.0146
|
0.0224
|
0.0262
|
0.0323
|
0.0374
|
0.0426
|
0.0543
|
0.0806
|
Announcement Date
|
20-03-18
|
21-03-08
|
22-03-09
|
23-03-02
|
24-03-18
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2020 S2
|
2021 S1
|
2021 Q3
|
2021 Q4
|
2021 S2
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2022 S2
|
2023 Q1
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2023 S2
|
2024 S1
|
2024 S2
|
---|
Net sales
1 |
38,448
|
39,794
|
41,305
|
42,673
|
21,915
|
21,997
|
43,912
|
22,633
|
22,846
|
45,479
|
23,203
|
23,488
|
46,691
|
23,199
|
46,461
|
-
|
23,858
|
47,548
|
48,785
|
50,043
|
EBITDA
|
28,881
|
29,100
|
30,427
|
31,184
|
16,105
|
15,728
|
31,833
|
15,682
|
16,276
|
31,958
|
-
|
15,384
|
-
|
16,112
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
|
5,655
|
5,841
|
6,171
|
6,354
|
-
|
-
|
6,681
|
-
|
-
|
7,089
|
-
|
-
|
6,223
|
-
|
7,414
|
-
|
-
|
7,088
|
8,363
|
7,174
|
Operating Margin
|
14.71%
|
14.68%
|
14.94%
|
14.89%
|
-
|
-
|
15.21%
|
-
|
-
|
15.59%
|
-
|
-
|
13.33%
|
-
|
15.96%
|
-
|
-
|
14.91%
|
17.14%
|
14.34%
|
Earnings before Tax (EBT)
|
3,503
|
3,897
|
4,510
|
4,558
|
-
|
-
|
5,057
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
3,312
|
-
|
-
|
-
|
-
|
Net income
|
2,674
|
2,978
|
3,450
|
3,457
|
1,799
|
2,073
|
3,872
|
2,180
|
2,044
|
4,224
|
2,175
|
-
|
-
|
2,506
|
-
|
2,506
|
-
|
-
|
-
|
-
|
Net margin
|
6.95%
|
7.48%
|
8.35%
|
8.1%
|
8.21%
|
9.42%
|
8.82%
|
9.63%
|
8.95%
|
9.29%
|
9.37%
|
-
|
-
|
10.8%
|
-
|
-
|
-
|
-
|
-
|
-
|
EPS
|
0.0152
|
0.0170
|
0.0198
|
0.0198
|
-
|
-
|
0.0221
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
20-03-18
|
20-08-11
|
21-03-08
|
21-08-09
|
21-10-19
|
22-03-09
|
22-03-09
|
22-04-19
|
22-08-08
|
22-08-08
|
22-10-19
|
23-03-02
|
23-03-02
|
23-04-28
|
23-08-03
|
23-10-19
|
24-03-18
|
24-03-18
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
89,276
|
84,078
|
94,833
|
74,002
|
90,671
|
54,757
|
44,338
|
38,799
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
1.575
x
|
1.412
x
|
1.505
x
|
1.178
x
|
1.427
x
|
0.8321
x
|
0.6509
x
|
0.552
x
|
Free Cash Flow
1 |
22,812
|
20,426
|
35,311
|
38,927
|
-
|
38,438
|
29,867
|
29,085
|
ROE (net income / shareholders' equity)
|
2.88%
|
3.49%
|
3.9%
|
4.59%
|
4.98%
|
5.62%
|
6.55%
|
9.47%
|
ROA (Net income/ Total Assets)
|
1.6%
|
1.9%
|
2.22%
|
2.79%
|
3.09%
|
3.54%
|
4.39%
|
6.36%
|
Assets
1 |
326,716
|
337,729
|
330,284
|
314,405
|
315,779
|
313,475
|
303,386
|
316,939
|
Book Value Per Share
2 |
1.040
|
1.060
|
1.080
|
1.100
|
-
|
1.160
|
1.180
|
1.240
|
Cash Flow per Share
2 |
0.2800
|
0.3300
|
0.3500
|
0.3700
|
-
|
0.3400
|
0.3300
|
0.3100
|
Capex
1 |
27,123
|
37,122
|
25,192
|
26,207
|
31,715
|
30,772
|
30,158
|
30,827
|
Capex / Sales
|
35.49%
|
45.77%
|
29.1%
|
28.43%
|
33.74%
|
31.2%
|
29.38%
|
28.73%
|
Announcement Date
|
20-03-18
|
21-03-08
|
22-03-09
|
23-03-02
|
24-03-18
|
-
|
-
|
-
|
Last Close Price
0.8609
CNY Average target price
1.037
CNY Spread / Average Target +20.50% Consensus |
1st Jan change
|
Capi.
|
---|
| +13.41% | 20.91B | | +1.22% | 20.22B | | +24.04% | 4.15B | | +17.28% | 3.36B | | +20.58% | 2.85B | | -8.54% | 1.42B | | -14.07% | 1.35B | | +5.96% | 1.23B | | +1.75% | 1.11B | | -23.52% | 982M |
Telecommunication Construction
|