Financials SFK Construction Holdings Limited

Equities

1447

BMG8059A1036

Construction & Engineering

Market Closed - Hong Kong S.E. 04:08:05 2024-05-31 EDT 5-day change 1st Jan Change
0.66 HKD +0.00% Intraday chart for SFK Construction Holdings Limited -2.94% +40.43%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,160 384 232 328 228 188
Enterprise Value (EV) 1 1,290 561.5 26.64 207.8 40.72 109.5
P/E ratio 8.94 x -13.3 x -12.2 x 18.8 x 12.2 x 7.42 x
Yield 4.48% 4.17% 20.7% 6.1% 10.5% 14.9%
Capitalization / Revenue 0.19 x 0.07 x 0.06 x 0.09 x 0.06 x 0.05 x
EV / Revenue 0.21 x 0.1 x 0.01 x 0.06 x 0.01 x 0.03 x
EV / EBITDA 6.46 x 83.8 x -0.26 x 5.53 x 1.54 x 2.38 x
EV / FCF -34.6 x 7.98 x 0.07 x -5.8 x 0.68 x -1.42 x
FCF Yield -2.89% 12.5% 1,478% -17.3% 146% -70.2%
Price to Book 2.35 x 0.86 x 0.58 x 0.87 x 0.61 x 0.51 x
Nbr of stocks (in thousands) 400,000 400,000 400,000 400,000 400,000 400,000
Reference price 2 2.900 0.9600 0.5800 0.8200 0.5700 0.4700
Announcement Date 4/15/19 4/15/20 4/14/21 4/13/22 4/14/23 4/12/24
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 6,197 5,462 3,772 3,625 3,667 3,852
EBITDA 1 199.6 6.702 -100.7 37.59 26.41 46.04
EBIT 1 185.5 -8.869 -116.1 23.81 14.52 37.42
Operating Margin 2.99% -0.16% -3.08% 0.66% 0.4% 0.97%
Earnings before Tax (EBT) 1 156.9 -33 -40.38 20.59 44.01 31.61
Net income 1 129.7 -28.83 -19.03 17.43 18.73 25.32
Net margin 2.09% -0.53% -0.5% 0.48% 0.51% 0.66%
EPS 2 0.3242 -0.0721 -0.0476 0.0436 0.0468 0.0633
Free Cash Flow 1 -37.29 70.37 393.6 -35.84 59.55 -76.88
FCF margin -0.6% 1.29% 10.44% -0.99% 1.62% -2%
FCF Conversion (EBITDA) - 1,050.05% - - 225.48% -
FCF Conversion (Net income) - - - - 317.95% -
Dividend per Share 2 0.1300 0.0400 0.1200 0.0500 0.0600 0.0700
Announcement Date 4/15/19 4/15/20 4/14/21 4/13/22 4/14/23 4/12/24
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 130 178 - - - -
Net Cash position 1 - - 205 120 187 78.5
Leverage (Debt/EBITDA) 0.6508 x 26.49 x - - - -
Free Cash Flow 1 -37.3 70.4 394 -35.8 59.5 -76.9
ROE (net income / shareholders' equity) 26.7% -6.24% -4.49% 4.66% 5.28% 6.92%
ROA (Net income/ Total Assets) 5.69% -0.24% -3.2% 0.75% 0.53% 1.31%
Assets 1 2,279 11,810 594.7 2,315 3,527 1,927
Book Value Per Share 2 1.230 1.120 0.9900 0.9400 0.9300 0.9300
Cash Flow per Share 2 0.5400 0.6600 1.120 0.5900 0.6600 0.8700
Capex 1 28.6 15.4 2.36 11.7 8.41 5.48
Capex / Sales 0.46% 0.28% 0.06% 0.32% 0.23% 0.14%
Announcement Date 4/15/19 4/15/20 4/14/21 4/13/22 4/14/23 4/12/24
1HKD in Million2HKD
Estimates
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