Financials Netjoy Holdings Limited

Equities

2131

KYG6429L1068

Internet Services

Market Closed - Hong Kong S.E. 04:08:10 2024-06-26 EDT 5-day change 1st Jan Change
0.6 HKD +3.45% Intraday chart for Netjoy Holdings Limited 0.00% +1.69%

Valuation

Fiscal Period: December 2020 2021 2022 2023
Capitalization 1 4,983 1,686 878.4 415.4
Enterprise Value (EV) 1 4,164 1,913 1,154 404.1
P/E ratio 36.5 x 14.4 x -4.83 x 48.8 x
Yield - 1.92% - -
Capitalization / Revenue 1.93 x 0.54 x 0.27 x 0.14 x
EV / Revenue 1.62 x 0.61 x 0.35 x 0.13 x
EV / EBITDA 37.3 x 17.7 x -5.59 x 85.8 x
EV / FCF -14.7 x -1.83 x 12.5 x 1.16 x
FCF Yield -6.78% -54.8% 8.01% 86.3%
Price to Book 3.31 x 1.07 x 0.64 x 0.3 x
Nbr of stocks (in thousands) 800,000 795,658 795,658 774,637
Reference price 2 6.228 2.119 1.104 0.5363
Announcement Date 21-04-28 22-04-28 23-04-27 24-04-25
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,186 2,313 2,577 3,122 3,310 3,010
EBITDA 1 82.15 101 111.7 108.2 -206.5 4.712
EBIT 1 81.89 100 109.6 105 -210.1 1.304
Operating Margin 6.9% 4.32% 4.25% 3.36% -6.35% 0.04%
Earnings before Tax (EBT) 1 74.61 79.09 111.1 134.3 -202.2 9.405
Net income 1 69.48 72.93 103.6 117.4 -178.1 8.796
Net margin 5.86% 3.15% 4.02% 3.76% -5.38% 0.29%
EPS - 0.1216 0.1705 0.1471 -0.2288 0.0110
Free Cash Flow 1 -109.4 -35.52 -282.5 -1,048 92.45 348.9
FCF margin -9.22% -1.54% -10.96% -33.56% 2.79% 11.59%
FCF Conversion (EBITDA) - - - - - 7,405%
FCF Conversion (Net income) - - - - - 3,966.84%
Dividend per Share - - - 0.0407 - -
Announcement Date 20-06-25 20-06-25 21-04-28 22-04-28 23-04-27 24-04-25
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 6.39 53.4 - 228 276 -
Net Cash position 1 - - 819 - - 11.3
Leverage (Debt/EBITDA) 0.0778 x 0.529 x - 2.103 x -1.337 x -
Free Cash Flow 1 -109 -35.5 -282 -1,048 92.5 349
ROE (net income / shareholders' equity) 49.1% 29.8% 11.6% 7.6% -12.1% 0.54%
ROA (Net income/ Total Assets) 17.9% 11.7% 5.12% 2.92% -5.46% 0.03%
Assets 1 389.1 625.7 2,025 4,022 3,259 26,982
Book Value Per Share - 0.4700 1.880 1.990 1.720 1.820
Cash Flow per Share - 0.0600 1.270 0.4500 0.3500 0.4700
Capex 1 0.36 2.51 4.62 8.32 1.55 21.5
Capex / Sales 0.03% 0.11% 0.18% 0.27% 0.05% 0.72%
Announcement Date 20-06-25 20-06-25 21-04-28 22-04-28 23-04-27 24-04-25
1CNY in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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