Financials Starlite Holdings Limited

Equities

403

BMG8438Y1030

Paper Packaging

Market Closed - Hong Kong S.E. 04:08:22 2024-05-10 EDT 5-day change 1st Jan Change
0.203 HKD +6.28% Intraday chart for Starlite Holdings Limited 0.00% +1.00%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 244.2 181.2 202.2 154.9 153 119.1
Enterprise Value (EV) 1 164.8 129.3 99.15 269.3 14.76 -39.61
P/E ratio -4.48 x -4.78 x 23.8 x -1.57 x 0.43 x 18.7 x
Yield - - 2.6% - 3.39% 4.26%
Capitalization / Revenue 0.16 x 0.13 x 0.18 x 0.15 x 0.15 x 0.13 x
EV / Revenue 0.11 x 0.09 x 0.09 x 0.25 x 0.01 x -0.04 x
EV / EBITDA 6.76 x 2.67 x 1.48 x 8.6 x -0.33 x -0.79 x
EV / FCF 9.69 x -81.9 x 1.45 x -2.13 x -0.08 x -1.34 x
FCF Yield 10.3% -1.22% 68.8% -47% -1,224% -74.6%
Price to Book 0.46 x 0.39 x 0.45 x 0.44 x 0.23 x 0.19 x
Nbr of stocks (in thousands) 525,135 525,135 525,135 525,135 518,635 506,635
Reference price 2 0.4650 0.3450 0.3850 0.2950 0.2950 0.2350
Announcement Date 18-07-13 19-07-16 20-07-15 21-07-15 22-07-14 23-07-17
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 1,533 1,431 1,136 1,057 1,049 923.2
EBITDA 1 24.38 48.36 67.1 31.3 -44.49 49.93
EBIT 1 -28.88 -4.796 19.37 -15.48 -86.46 10.45
Operating Margin -1.88% -0.34% 1.71% -1.46% -8.24% 1.13%
Earnings before Tax (EBT) 1 -49.65 -24.35 19.2 -93.26 350.3 9.623
Net income 1 -54.44 -37.92 8.499 -98.52 357.5 6.478
Net margin -3.55% -2.65% 0.75% -9.32% 34.09% 0.7%
EPS 2 -0.1037 -0.0722 0.0162 -0.1876 0.6810 0.0126
Free Cash Flow 1 17.02 -1.579 68.19 -126.6 -180.7 29.55
FCF margin 1.11% -0.11% 6% -11.98% -17.23% 3.2%
FCF Conversion (EBITDA) 69.81% - 101.64% - - 59.17%
FCF Conversion (Net income) - - 802.38% - - 456.08%
Dividend per Share - - 0.0100 - 0.0100 0.0100
Announcement Date 18-07-13 19-07-16 20-07-15 21-07-15 22-07-14 23-07-17
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - 114 - -
Net Cash position 1 79.4 51.8 103 - 138 159
Leverage (Debt/EBITDA) - - - 3.654 x - -
Free Cash Flow 1 17 -1.58 68.2 -127 -181 29.5
ROE (net income / shareholders' equity) -10.1% -7.57% 1.85% -24.6% 69.8% 0.8%
ROA (Net income/ Total Assets) -1.64% -0.28% 1.29% -1.03% -5.25% 0.66%
Assets 1 3,311 13,751 657.9 9,555 -6,810 988.1
Book Value Per Share 2 1.010 0.8900 0.8500 0.6700 1.290 1.270
Cash Flow per Share 2 0.6000 0.4800 0.4400 0.5200 0.5500 0.4800
Capex 1 51.7 55.3 25.8 131 108 48.6
Capex / Sales 3.37% 3.86% 2.27% 12.42% 10.29% 5.27%
Announcement Date 18-07-13 19-07-16 20-07-15 21-07-15 22-07-14 23-07-17
1HKD in Million2HKD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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