Market Closed -
Hong Kong S.E.
04:08:09 2024-05-16 EDT
|
5-day change
|
1st Jan Change
|
188.7
HKD
|
+8.70%
|
|
+17.72%
|
+16.48%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
127,110
|
162,737
|
144,919
|
150,066
|
121,537
|
124,310
|
-
|
-
|
Enterprise Value (EV)
1 |
121,833
|
146,267
|
135,812
|
133,159
|
121,537
|
108,175
|
107,217
|
101,342
|
P/E ratio
|
22.5
x
|
35.1
x
|
30.9
x
|
22.2
x
|
14.2
x
|
12.9
x
|
11.3
x
|
9.85
x
|
Yield
|
-
|
0.85%
|
0.89%
|
-
|
-
|
3.25%
|
3.81%
|
4.42%
|
Capitalization / Revenue
|
5.75
x
|
6.45
x
|
4.77
x
|
4.24
x
|
3.16
x
|
2.89
x
|
2.53
x
|
2.31
x
|
EV / Revenue
|
5.51
x
|
5.8
x
|
4.47
x
|
3.76
x
|
3.16
x
|
2.52
x
|
2.18
x
|
1.88
x
|
EV / EBITDA
|
16
x
|
20.4
x
|
16.4
x
|
11.8
x
|
8.77
x
|
7
x
|
6.07
x
|
5.16
x
|
EV / FCF
|
152
x
|
-34.4
x
|
-113
x
|
30.2
x
|
-
|
12
x
|
11.7
x
|
9.86
x
|
FCF Yield
|
0.66%
|
-2.91%
|
-0.88%
|
3.31%
|
-
|
8.31%
|
8.51%
|
10.1%
|
Price to Book
|
3.32
x
|
3.22
x
|
2.98
x
|
2.78
x
|
-
|
1.9
x
|
1.71
x
|
1.53
x
|
Nbr of stocks (in thousands)
|
781,947
|
855,301
|
808,448
|
809,733
|
804,719
|
804,719
|
-
|
-
|
Reference price
2 |
162.6
|
190.3
|
179.3
|
185.3
|
151.0
|
154.5
|
154.5
|
154.5
|
Announcement Date
|
3/16/20
|
3/17/21
|
3/16/22
|
3/15/23
|
3/19/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
22,110
|
25,214
|
30,406
|
35,377
|
38,419
|
43,011
|
49,126
|
53,816
|
EBITDA
1 |
7,635
|
7,155
|
8,301
|
11,289
|
13,852
|
15,450
|
17,673
|
19,627
|
EBIT
1 |
5,779
|
4,754
|
5,503
|
7,736
|
11,232
|
11,999
|
13,933
|
15,886
|
Operating Margin
|
26.14%
|
18.86%
|
18.1%
|
21.87%
|
29.24%
|
27.9%
|
28.36%
|
29.52%
|
Earnings before Tax (EBT)
1 |
6,757
|
5,035
|
5,739
|
8,286
|
10,689
|
12,048
|
14,386
|
16,412
|
Net income
1 |
5,674
|
4,312
|
4,755
|
6,809
|
8,749
|
9,994
|
11,612
|
13,233
|
Net margin
|
25.66%
|
17.1%
|
15.64%
|
19.25%
|
22.77%
|
23.24%
|
23.64%
|
24.59%
|
EPS
2 |
7.230
|
5.420
|
5.800
|
8.360
|
10.60
|
11.94
|
13.71
|
15.68
|
Free Cash Flow
1 |
803.9
|
-4,257
|
-1,198
|
4,412
|
-
|
8,984
|
9,127
|
10,279
|
FCF margin
|
3.64%
|
-16.88%
|
-3.94%
|
12.47%
|
-
|
20.89%
|
18.58%
|
19.1%
|
FCF Conversion (EBITDA)
|
10.53%
|
-
|
-
|
39.08%
|
-
|
58.15%
|
51.64%
|
52.37%
|
FCF Conversion (Net income)
|
14.17%
|
-
|
-
|
64.79%
|
-
|
89.9%
|
78.6%
|
77.68%
|
Dividend per Share
2 |
-
|
1.623
|
1.588
|
-
|
-
|
5.023
|
5.888
|
6.821
|
Announcement Date
|
3/16/20
|
3/17/21
|
3/16/22
|
3/15/23
|
3/19/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2021 Q3
|
2021 Q4
|
2021 S2
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
---|
Net sales
1 |
-
|
7,391
|
9,218
|
-
|
7,904
|
8,657
|
8,945
|
9,871
|
8,983
|
9,740
|
9,076
|
10,619
|
9,960
|
11,234
|
10,200
|
11,946
|
10,649
|
EBITDA
1 |
-
|
1,968
|
2,739
|
-
|
1,749
|
2,892
|
2,998
|
3,397
|
2,878
|
3,884
|
3,439
|
3,652
|
3,362
|
4,429
|
4,364
|
3,954
|
3,839
|
EBIT
1 |
-
|
1,360
|
2,054
|
-
|
1,369
|
1,986
|
2,175
|
2,460
|
2,447
|
3,179
|
2,694
|
2,913
|
2,874
|
3,485
|
3,420
|
3,575
|
2,779
|
Operating Margin
|
-
|
18.41%
|
22.28%
|
-
|
17.32%
|
22.94%
|
24.31%
|
24.92%
|
27.23%
|
32.64%
|
29.68%
|
27.43%
|
28.86%
|
31.02%
|
33.53%
|
29.92%
|
26.09%
|
Earnings before Tax (EBT)
1 |
-
|
1,397
|
2,103
|
-
|
1,154
|
2,187
|
2,348
|
2,597
|
2,116
|
3,106
|
2,610
|
2,857
|
1,998
|
3,505
|
3,440
|
3,595
|
2,869
|
Net income
1 |
3,634
|
1,167
|
1,762
|
2,929
|
906.3
|
1,805
|
1,935
|
2,163
|
1,670
|
2,541
|
2,345
|
2,192
|
1,426
|
2,443
|
2,371
|
2,422
|
2,142
|
Net margin
|
-
|
15.79%
|
19.12%
|
-
|
11.47%
|
20.85%
|
21.63%
|
21.91%
|
18.59%
|
26.09%
|
25.84%
|
20.64%
|
14.32%
|
21.74%
|
23.25%
|
20.28%
|
20.11%
|
EPS
2 |
-
|
1.430
|
2.180
|
-
|
1.120
|
2.230
|
2.370
|
2.610
|
2.030
|
3.070
|
2.840
|
2.660
|
1.750
|
2.660
|
2.600
|
2.840
|
2.510
|
Dividend per Share
2 |
-
|
-
|
1.588
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
0.6276
|
1.337
|
1.337
|
1.337
|
1.499
|
Announcement Date
|
3/16/20
|
11/17/21
|
3/16/22
|
3/16/22
|
5/25/22
|
8/17/22
|
11/21/22
|
3/15/23
|
5/17/23
|
8/29/23
|
11/16/23
|
3/19/24
|
5/15/24
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
5,277
|
16,470
|
9,108
|
16,907
|
-
|
16,136
|
17,093
|
22,968
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
804
|
-4,257
|
-1,198
|
4,412
|
-
|
8,985
|
9,127
|
10,279
|
ROE (net income / shareholders' equity)
|
15.6%
|
10.5%
|
9.74%
|
13.3%
|
-
|
15.9%
|
16.3%
|
16.8%
|
ROA (Net income/ Total Assets)
|
13.3%
|
8.71%
|
7.8%
|
9.64%
|
-
|
10.8%
|
11.6%
|
12.1%
|
Assets
1 |
42,787
|
49,526
|
60,988
|
70,648
|
-
|
92,936
|
100,533
|
109,793
|
Book Value Per Share
2 |
49.00
|
59.10
|
60.20
|
66.80
|
-
|
81.30
|
90.50
|
101.0
|
Cash Flow per Share
2 |
8.040
|
6.220
|
8.810
|
13.60
|
-
|
15.00
|
19.60
|
21.90
|
Capex
1 |
2,827
|
9,208
|
8,360
|
7,068
|
-
|
6,112
|
5,734
|
5,629
|
Capex / Sales
|
12.78%
|
36.52%
|
27.5%
|
19.98%
|
-
|
14.21%
|
11.67%
|
10.46%
|
Announcement Date
|
3/16/20
|
3/17/21
|
3/16/22
|
3/15/23
|
3/19/24
|
-
|
-
|
-
|
Last Close Price
154.5
CNY Average target price
204
CNY Spread / Average Target +32.03% Consensus |
1st Jan change
|
Capi.
|
---|
| -9.95% | 24.5B | | +20.68% | 17.44B | | +38.24% | 8.02B | | -2.29% | 2.35B | | +8.09% | 2.18B | | +28.11% | 2.06B | | -2.50% | 1.18B | | 0.00% | 811M | | +24.07% | 649M |
Courier Services
|