Market Closed -
Hong Kong S.E.
04:08:42 2024-06-28 EDT
|
5-day change
|
1st Jan Change
|
4.05
HKD
|
+7.14%
|
|
+15.71%
|
-5.81%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
6,226
|
6,310
|
6,757
|
3,341
|
3,787
|
3,653
|
-
|
-
|
Enterprise Value (EV)
1 |
10,079
|
6,310
|
12,048
|
9,204
|
9,625
|
10,230
|
10,121
|
3,653
|
P/E ratio
|
7.88
x
|
6.05
x
|
6.86
x
|
7.65
x
|
7.98
x
|
6.12
x
|
5.5
x
|
4.75
x
|
Yield
|
3.76%
|
4.25%
|
4.08%
|
5.33%
|
2.77%
|
5.4%
|
6.25%
|
-
|
Capitalization / Revenue
|
0.95
x
|
0.98
x
|
0.88
x
|
0.44
x
|
0.49
x
|
0.46
x
|
0.44
x
|
0.43
x
|
EV / Revenue
|
1.54
x
|
0.98
x
|
1.57
x
|
1.22
x
|
1.25
x
|
1.3
x
|
1.21
x
|
0.43
x
|
EV / EBITDA
|
6.03
x
|
3.21
x
|
6.28
x
|
8.04
x
|
6.98
x
|
6.49
x
|
5.96
x
|
2.03
x
|
EV / FCF
|
26,430,652
x
|
12,094,698
x
|
-12,886,045
x
|
52,526,337
x
|
13,600,341
x
|
-
|
-
|
-
|
FCF Yield
|
0%
|
0%
|
-0%
|
0%
|
0%
|
-
|
-
|
-
|
Price to Book
|
1.59
x
|
1.34
x
|
1.28
x
|
0.61
x
|
0.65
x
|
0.55
x
|
0.5
x
|
0.48
x
|
Nbr of stocks (in thousands)
|
999,615
|
1,003,615
|
984,943
|
969,948
|
969,067
|
969,068
|
-
|
-
|
Reference price
2 |
6.229
|
6.287
|
6.861
|
3.444
|
3.908
|
3.518
|
3.518
|
3.518
|
Announcement Date
|
3/31/20
|
3/31/21
|
3/31/22
|
3/30/23
|
3/28/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
6,549
|
6,440
|
7,650
|
7,543
|
7,725
|
7,871
|
8,350
|
8,552
|
EBITDA
1 |
1,671
|
1,967
|
1,918
|
1,144
|
1,379
|
1,576
|
1,698
|
1,797
|
EBIT
1 |
1,435
|
1,703
|
1,601
|
936.8
|
1,038
|
1,124
|
1,243
|
-
|
Operating Margin
|
21.92%
|
26.45%
|
20.93%
|
12.42%
|
13.43%
|
14.28%
|
14.89%
|
-
|
Earnings before Tax (EBT)
1 |
1,127
|
1,418
|
1,363
|
670.1
|
716
|
844.4
|
944.9
|
1,078
|
Net income
1 |
789.2
|
1,044
|
1,001
|
444.6
|
479.6
|
563.9
|
630.1
|
722.2
|
Net margin
|
12.05%
|
16.2%
|
13.08%
|
5.89%
|
6.21%
|
7.16%
|
7.55%
|
8.44%
|
EPS
2 |
0.7900
|
1.040
|
1.000
|
0.4500
|
0.4900
|
0.5750
|
0.6400
|
0.7400
|
Free Cash Flow
|
381.3
|
521.7
|
-935
|
175.2
|
707.7
|
-
|
-
|
-
|
FCF margin
|
5.82%
|
8.1%
|
-12.22%
|
2.32%
|
9.16%
|
-
|
-
|
-
|
FCF Conversion (EBITDA)
|
22.82%
|
26.52%
|
-
|
15.31%
|
51.31%
|
-
|
-
|
-
|
FCF Conversion (Net income)
|
48.32%
|
50%
|
-
|
39.41%
|
147.57%
|
-
|
-
|
-
|
Dividend per Share
2 |
0.2342
|
0.2670
|
0.2800
|
0.1835
|
0.1082
|
0.1900
|
0.2200
|
-
|
Announcement Date
|
3/31/20
|
3/31/21
|
3/31/22
|
3/30/23
|
3/28/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
3,852
|
-
|
5,291
|
5,863
|
5,837
|
6,577
|
6,468
|
-
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
2.305
x
|
-
|
2.758
x
|
5.123
x
|
4.232
x
|
4.173
x
|
3.809
x
|
-
|
Free Cash Flow
|
381
|
522
|
-935
|
175
|
708
|
-
|
-
|
-
|
ROE (net income / shareholders' equity)
|
22.1%
|
24.3%
|
20.2%
|
8.29%
|
8.48%
|
9.33%
|
9.58%
|
10.4%
|
ROA (Net income/ Total Assets)
|
6.75%
|
8.4%
|
7.14%
|
2.86%
|
3.03%
|
3.55%
|
3.88%
|
4.39%
|
Assets
1 |
11,686
|
12,429
|
14,011
|
15,532
|
15,825
|
15,908
|
16,261
|
16,451
|
Book Value Per Share
2 |
3.930
|
4.680
|
5.370
|
5.600
|
5.980
|
6.420
|
6.990
|
7.360
|
Cash Flow per Share
|
0.9800
|
1.390
|
0.4100
|
0.7000
|
-
|
-
|
-
|
-
|
Capex
1 |
590
|
868
|
1,341
|
514
|
312
|
386
|
375
|
450
|
Capex / Sales
|
9.01%
|
13.48%
|
17.53%
|
6.81%
|
4.04%
|
4.9%
|
4.49%
|
5.26%
|
Announcement Date
|
3/31/20
|
3/31/21
|
3/31/22
|
3/30/23
|
3/28/24
|
-
|
-
|
-
|
Last Close Price
3.518
CNY Average target price
4.768
CNY Spread / Average Target +35.50% Consensus |
1st Jan change
|
Capi.
|
---|
| -5.81% | 469M | | +11.91% | 9.3B | | +15.06% | 8.85B | | +21.76% | 8.68B | | +6.84% | 8.03B | | +32.89% | 5.57B | | +13.48% | 5.19B | | +36.18% | 5.17B | | -4.41% | 4.84B | | -6.91% | 4.76B |
Natural Gas Distribution
|