Financials Edvance International Holdings Limited

Equities

1410

KYG290121048

IT Services & Consulting

Market Closed - Hong Kong S.E. 04:08:22 2024-05-10 EDT 5-day change 1st Jan Change
0.36 HKD 0.00% Intraday chart for Edvance International Holdings Limited -2.70% -18.18%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 1,170 460.7 350.5 502.5 687.9 738.6
Enterprise Value (EV) 1 1,129 413.5 312 456.5 705.9 787
P/E ratio 63.9 x 17.6 x 15 x 14.4 x 30 x -26.9 x
Yield 0.85% 6.52% 2.86% 2% - -
Capitalization / Revenue 3.87 x 1.25 x 0.89 x 1.22 x 1.31 x 1.28 x
EV / Revenue 3.73 x 1.12 x 0.79 x 1.11 x 1.34 x 1.36 x
EV / EBITDA 43.7 x 10.8 x 7.22 x 9.62 x 45.8 x 37.7 x
EV / FCF -37 x 54 x 8.3 x 9.06 x -26.4 x 78.7 x
FCF Yield -2.7% 1.85% 12% 11% -3.79% 1.27%
Price to Book 11.5 x 3.84 x 3.1 x 3.59 x 4.3 x 5.52 x
Nbr of stocks (in thousands) 1,000,000 1,001,446 1,001,446 1,004,946 1,011,666 1,011,738
Reference price 2 1.170 0.4600 0.3500 0.5000 0.6800 0.7300
Announcement Date 18-06-28 19-06-25 20-06-30 21-07-07 22-07-07 23-07-06
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 302.3 369.4 394.3 410.5 525.4 577.5
EBITDA 1 25.82 38.25 43.19 47.44 15.42 20.9
EBIT 1 22.07 33.41 39.37 42.75 7.818 10.67
Operating Margin 7.3% 9.04% 9.98% 10.41% 1.49% 1.85%
Earnings before Tax (EBT) 1 23.05 33.03 31.02 43.18 24.14 -24.51
Net income 1 18.18 26.17 23.34 34.74 22.79 -27.48
Net margin 6.01% 7.09% 5.92% 8.46% 4.34% -4.76%
EPS 2 0.0183 0.0261 0.0233 0.0346 0.0227 -0.0272
Free Cash Flow 1 -30.48 7.66 37.58 50.39 -26.76 10
FCF margin -10.08% 2.07% 9.53% 12.28% -5.09% 1.73%
FCF Conversion (EBITDA) - 20.03% 87.02% 106.22% - 47.85%
FCF Conversion (Net income) - 29.27% 161% 145.05% - -
Dividend per Share 2 0.0100 0.0300 0.0100 0.0100 - -
Announcement Date 18-06-28 19-06-25 20-06-30 21-07-07 22-07-07 23-07-06
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - 17.9 48.4
Net Cash position 1 41.1 47.2 38.5 46 - -
Leverage (Debt/EBITDA) - - - - 1.163 x 2.317 x
Free Cash Flow 1 -30.5 7.66 37.6 50.4 -26.8 10
ROE (net income / shareholders' equity) 32.7% 23.6% 20.1% 26.6% 13.6% -19.3%
ROA (Net income/ Total Assets) 6.5% 7.14% 7.56% 7.41% 1.06% 1.12%
Assets 1 279.9 366.8 309 468.7 2,158 -2,449
Book Value Per Share 2 0.1000 0.1200 0.1100 0.1400 0.1600 0.1300
Cash Flow per Share 2 0.0600 0.0700 0.0700 0.0700 0.0500 0.0700
Capex 1 34 8.33 3.32 8.92 35.8 10
Capex / Sales 11.26% 2.25% 0.84% 2.17% 6.81% 1.73%
Announcement Date 18-06-28 19-06-25 20-06-30 21-07-07 22-07-07 23-07-06
1HKD in Million2HKD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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