Financials Time Interconnect Technology Limited

Equities

1729

KYG8879R1048

Communications & Networking

Market Closed - Hong Kong S.E. 04:08:22 2024-05-10 EDT 5-day change 1st Jan Change
1.93 HKD -4.46% Intraday chart for Time Interconnect Technology Limited +7.22% +45.11%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 828 772.8 625.6 1,328 2,685 2,588
Enterprise Value (EV) 1 586.6 594.2 421.6 2,210 3,559 5,192
P/E ratio 5.19 x 6.29 x 4.93 x 5.85 x 15.3 x 7 x
Yield 2.22% 7.14% 7.35% 4.17% 1.45% 1.45%
Capitalization / Revenue 0.67 x 0.59 x 0.43 x 0.44 x 0.75 x 0.4 x
EV / Revenue 0.47 x 0.45 x 0.29 x 0.73 x 0.99 x 0.81 x
EV / EBITDA 3.11 x 3.45 x 2.14 x 5.89 x 11 x 8.36 x
EV / FCF 4.79 x 6.05 x 3.59 x 3.02 x 964 x -2.39 x
FCF Yield 20.9% 16.5% 27.9% 33.1% 0.1% -41.8%
Price to Book 1.81 x 1.41 x 1.04 x 1.55 x 2.55 x 1.9 x
Nbr of stocks (in thousands) 1,840,000 1,840,000 1,840,000 1,844,520 1,945,952 1,945,952
Reference price 2 0.4500 0.4200 0.3400 0.7200 1.380 1.330
Announcement Date 18-07-27 19-07-22 20-07-23 21-07-19 22-07-19 24-04-24
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,238 1,314 1,439 3,008 3,590 6,435
EBITDA 1 188.8 172.2 196.9 375.3 322.1 620.8
EBIT 1 177.5 152.6 174.5 317.6 266.2 548.8
Operating Margin 14.34% 11.61% 12.13% 10.56% 7.42% 8.53%
Earnings before Tax (EBT) 1 171 146 155.9 268.1 232.9 456.6
Net income 1 132.1 122.9 128.1 226.4 168.2 369.5
Net margin 10.67% 9.35% 8.9% 7.53% 4.69% 5.74%
EPS 2 0.0868 0.0668 0.0690 0.1230 0.0901 0.1899
Free Cash Flow 1 122.5 98.24 117.6 731.2 3.693 -2,169
FCF margin 9.89% 7.47% 8.17% 24.31% 0.1% -33.71%
FCF Conversion (EBITDA) 64.85% 57.06% 59.7% 194.84% 1.15% -
FCF Conversion (Net income) 92.68% 79.92% 91.77% 323.03% 2.2% -
Dividend per Share 2 0.0100 0.0300 0.0250 0.0300 0.0200 0.0193
Announcement Date 18-07-27 19-07-22 20-07-23 21-07-19 22-07-19 24-04-24
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - 882 874 2,604
Net Cash position 1 241 179 204 - - -
Leverage (Debt/EBITDA) - - - 2.351 x 2.712 x 4.195 x
Free Cash Flow 1 122 98.2 118 731 3.69 -2,169
ROE (net income / shareholders' equity) 45.6% 24.4% 22.2% 22.3% 17.5% 19.6%
ROA (Net income/ Total Assets) 16% 10.8% 11.3% 6.86% 5.76% 4.17%
Assets 1 824.5 1,143 1,135 3,300 2,923 8,866
Book Value Per Share 2 0.2500 0.3000 0.3300 0.4600 0.5400 0.7000
Cash Flow per Share 2 0.1500 0.1200 0.1500 0.0900 0.1100 0.1700
Capex 1 11.3 15.7 12 46.8 59.4 107
Capex / Sales 0.91% 1.2% 0.83% 1.55% 1.65% 1.67%
Announcement Date 18-07-27 19-07-22 20-07-23 21-07-19 22-07-19 24-04-24
1HKD in Million2HKD
Estimates
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