Valuation Top Spring International Holdings Limited

Stocks

Market Closed - Hong Kong S.E. Other stock markets 04:08:37 2026-06-17 EDT			5-day change	1st Jan Change
0.2700 ^HKD	+1.89%		-1.82%	-28.00%

04-28	Top Spring International Holdings Limited Auditor Raises 'Going Concern' Doubt	CI
03-31	Top Spring International Holdings Limited Reports Earnings Results for the Full Year Ended December 31, 2025	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025
Market Cap ¹	1,805	1,575	1,239	825.8	757	573.5
Change	-	-12.71%	-21.36%	-33.33%	-8.33%	-24.24%
Enterprise Value (EV) ¹	10,916	10,606	8,428	7,519	6,951	5,274
Change	-	-2.84%	-20.53%	-10.79%	-7.55%	-24.12%
P/E	-6.21x	51.5x	-6.69x	-0.94x	-0.41x	-0.2x
PBR	0.18x	0.15x	0.13x	0.1x	0.12x	0.17x
PEG	-	-0x	0x	-0x	-0x	-0x
Capitalization / Revenue	3.14x	2.47x	0.34x	0.87x	0.55x	0.42x
EV / Revenue	19x	16.6x	2.3x	7.88x	5.08x	3.88x
EV / EBITDA	-126x	-178x	40.7x	-16.3x	-13x	-4.44x
EV / EBIT	-113x	-157x	41.9x	-16.1x	-12.8x	-4.44x
EV / FCF	-8.11x	5.51x	5.95x	9.35x	64.3x	2.5x
FCF Yield	-12.3%	18.1%	16.8%	10.7%	1.56%	39.9%
Dividend per Share ²	0.04	0.04	0.01	-	-	-
Rate of return	3.39%	3.88%	1.23%	-	-	-
EPS ²	-0.19	0.02	-0.121	-0.5734	-1.2	-1.9
Distribution rate	-21.1%	200%	-8.26%	-	-	-
Net sales ¹	575.1	639	3,667	954.3	1,369	1,360
EBITDA ¹	-86.46	-59.74	207.3	-461.9	-536	-1,187
EBIT ¹	-96.34	-67.63	201	-468.1	-543.7	-1,189
Net income ¹	-283.3	33.43	-185.1	-876.9	-1,833	-2,905
Net Debt ¹	9,111	9,031	7,189	6,693	6,194	4,701
Reference price ²	1.1800	1.0300	0.8100	0.5400	0.4950	0.3750
Nbr of stocks (in thousands)	1,529,285	1,529,285	1,529,285	1,529,285	1,529,285	1,529,285
Announcement Date	4/23/21	4/21/22	4/25/23	4/29/24	4/24/25	4/29/26

¹HKD in Million²HKD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
TOP SPRING INTERNATIONAL HOLDINGS LIMITED	-	-	-	-	51.73M
SUN HUNG KAI PROPERTIES LIMITED	14.98x	4.67x	12.82x	3.34%	43.25B
CHINA RESOURCES LAND LIMITED	8.88x	1.51x	7.54x	4.02%	31.99B
MITSUBISHI ESTATE CO., LTD.	22.97x	4.45x	18.67x	1.11%	31.47B
EMAAR PROPERTIES	6.24x	0.77x	1.56x	8.13%	29.6B
MITSUI FUDOSAN CO., LTD.	15.43x	3.17x	15.67x	2.27%	25.91B
CHINA OVERSEAS LAND & INVESTMENT LIMITED	11.55x	1.76x	14.96x	3.27%	21.36B
SUMITOMO REALTY & DEVELOPMENT CO., LTD.	15.4x	6.69x	18.98x	1.23%	20.45B
CK ASSET HOLDINGS LIMITED	9.49x	2.29x	7.88x	3.92%	20.73B
Average	13.12x	3.16x	12.26x	3.41%	24.98B
Weighted average by Cap.	13.34x	3.19x	12.04x	3.49%