Financials S-Enjoy Service Group Co., Limited

Equities

1755

KYG803251068

Real Estate Services

Market Closed - Hong Kong S.E. 04:08:20 2024-04-26 EDT 5-day change 1st Jan Change
2.88 HKD +8.27% Intraday chart for S-Enjoy Service Group Co., Limited +24.14% -8.57%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 2,772 8,905 12,256 7,927 7,079 2,323 2,323 -
Enterprise Value (EV) 2 2,772 8,905 10,378 5,385 5,105 2,495 43.97 -306.7
P/E ratio - 32.3 x 27 x 14.7 x 16.1 x 5.59 x 4.67 x 4.21 x
Yield - 1.64% 1.85% 1.71% 1.98% 6.51% 8.25% 8.93%
Capitalization / Revenue 2.41 x 4.4 x 4.28 x 1.82 x 1.37 x 0.46 x 0.4 x 0.36 x
EV / Revenue 2.41 x 4.4 x 3.62 x 1.24 x 0.99 x 0.46 x 0.01 x -0.05 x
EV / EBITDA - 23.1 x 16.5 x 5.88 x 5.97 x 2.77 x 0.05 x -0.33 x
EV / FCF - 16.5 x 13.3 x 7.57 x -12.7 x 0.28 x 0.05 x -0.44 x
FCF Yield - 6.07% 7.53% 13.2% -7.9% 361% 1,947% -228%
Price to Book - 9.72 x 9.52 x 3.46 x 2.72 x 0.76 x 0.71 x 0.63 x
Nbr of stocks (in thousands) 820,000 818,100 819,914 870,134 871,231 871,331 871,331 -
Reference price 3 3.850 12.18 17.76 11.18 9.200 2.880 2.880 2.880
Announcement Date 19-03-08 20-03-13 21-03-12 22-03-25 23-03-29 24-03-28 - -
1HKD in Million2CNY in Million3HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net sales 1 1,150 2,024 2,866 4,351 5,180 5,424 5,794 6,409
EBITDA 1 - 385.1 629.7 916.5 855.8 900.5 858 930.6
EBIT 1 204.4 375.3 614.2 712.7 601.9 623.7 762 833.8
Operating Margin 17.78% 18.54% 21.43% 16.38% 11.62% 11.5% 13.15% 13.01%
Earnings before Tax (EBT) 1 - 392 636.4 741.7 627 645.6 734.8 800.5
Net income 1 - 282 452.4 525.5 423.5 445 527.4 569.5
Net margin - 13.93% 15.78% 12.08% 8.18% 8.2% 9.1% 8.89%
EPS 2 - 0.3767 0.6573 0.7617 0.5700 0.5631 0.6170 0.6836
Free Cash Flow 1 - 540.3 781.6 711.6 -403.2 603.4 856 700
FCF margin - 26.7% 27.27% 16.36% -7.78% 10.36% 14.77% 10.92%
FCF Conversion (EBITDA) - 140.33% 124.12% 77.64% - 68.18% 99.76% 75.22%
FCF Conversion (Net income) - 191.6% 172.76% 135.42% - 120.57% 162.29% 122.91%
Dividend per Share 2 - 0.1997 0.3282 0.1906 0.1824 0.1875 0.2375 0.2570
Announcement Date 19-03-08 20-03-13 21-03-12 22-03-25 23-03-29 24-03-28 - -
1CNY in Million2HKD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2020 S2 2021 S1 2021 S2 2022 S1 2022 S2 2023 S1 2023 S2 2024 S1 2024 S2
Net sales 1 1,222 1,645 1,877 2,474 2,466 2,714 2,681 2,743 2,581 3,155
EBITDA 252.3 - 405.7 510.7 - - - - - -
EBIT 1 254.2 - 366.2 346.5 328.7 273.2 409.6 214 306.7 374.8
Operating Margin 20.81% - 19.51% 14.01% 13.33% 10.07% 15.28% 7.8% 11.88% 11.88%
Earnings before Tax (EBT) 265.9 - - - - - - - - -
Net income 188.9 - 286.4 239 - - - - - -
Net margin 15.47% - 15.26% 9.66% - - - - - -
EPS - - - - - - - - - -
Dividend per Share - - - - - - - - - -
Announcement Date 20-08-12 21-03-12 21-08-20 22-03-25 22-08-26 23-03-29 23-09-18 24-03-28 - -
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net Debt 1 - - - - - - - -
Net Cash position 1 - - 1,878 2,542 1,974 2,156 2,279 2,630
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 - 540 782 712 -403 603 856 700
ROE (net income / shareholders' equity) - 31.7% 41% 29.5% 17.4% 18.4% 15.7% 15.3%
ROA (Net income/ Total Assets) - 15% 16.4% 12% 7.33% 8.98% 7.74% 7.55%
Assets 1 - 1,886 2,757 4,362 5,780 5,571 6,814 7,547
Book Value Per Share 2 - 1.250 1.870 3.230 3.390 3.800 4.080 4.560
Cash Flow per Share 2 - - 1.140 1.050 0.0800 0.7400 0.9500 0.9400
Capex 1 - 4.34 5.47 43.8 57.4 820 315 325
Capex / Sales - 0.21% 0.19% 1.01% 1.11% 14.08% 5.44% 5.07%
Announcement Date 19-03-08 20-03-13 21-03-12 22-03-25 23-03-29 24-03-28 - -
1CNY in Million2HKD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
9
Last Close Price
2.88 HKD
Average target price
3.518 HKD
Spread / Average Target
+22.17%
Consensus

Quarterly revenue - Rate of surprise

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