Financials BeijingWest Industries International Limited

Equities

2339

KYG1145N1144

Auto, Truck & Motorcycle Parts

Delayed Hong Kong S.E. 04:08:35 2024-05-22 am EDT 5-day change 1st Jan Change
0.23 HKD 0.00% Intraday chart for BeijingWest Industries International Limited +4.55% -16.36%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 448 278.6 402 436.5 212.5 157.9
Enterprise Value (EV) 1 -3.46 128 280.1 611.6 349.7 318.5
P/E ratio 3.71 x 57 x -7.8 x -46.9 x -43.5 x -2.86 x
Yield 2.56% - - - - -
Capitalization / Revenue 0.13 x 0.1 x 0.17 x 0.17 x 0.09 x 0.06 x
EV / Revenue -0 x 0.05 x 0.12 x 0.24 x 0.14 x 0.12 x
EV / EBITDA -0.05 x 1.51 x -15.2 x 9.32 x 6.55 x -14.7 x
EV / FCF -0.07 x -2.5 x 4.21 x -3.85 x 8.56 x -38.7 x
FCF Yield -1,506% -40% 23.8% -26% 11.7% -2.58%
Price to Book 0.44 x 0.29 x 0.43 x 0.49 x 0.25 x 0.18 x
Nbr of stocks (in thousands) 574,339 574,339 574,339 574,339 574,339 574,339
Reference price 2 0.7800 0.4850 0.7000 0.7600 0.3700 0.2750
Announcement Date 4/16/19 4/21/20 4/21/21 4/21/22 4/27/23 4/29/24
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 3,418 2,655 2,312 2,602 2,478 2,709
EBITDA 1 76.86 84.51 -18.43 65.61 53.39 -21.68
EBIT 1 -26.78 17.33 -88.47 -9.205 -13.88 -89.92
Operating Margin -0.78% 0.65% -3.83% -0.35% -0.56% -3.32%
Earnings before Tax (EBT) 1 133.4 51.63 -41.71 13.06 10.17 -87.54
Net income 1 120.9 4.889 -51.54 -9.305 -4.885 -55.32
Net margin 3.54% 0.18% -2.23% -0.36% -0.2% -2.04%
EPS 2 0.2105 0.008512 -0.0897 -0.0162 -0.008505 -0.0963
Free Cash Flow 1 52.09 -51.26 66.58 -159 40.88 -8.222
FCF margin 1.52% -1.93% 2.88% -6.11% 1.65% -0.3%
FCF Conversion (EBITDA) 67.77% - - - 76.56% -
FCF Conversion (Net income) 43.09% - - - - -
Dividend per Share 2 0.0200 - - - - -
Announcement Date 4/16/19 4/21/20 4/21/21 4/21/22 4/27/23 4/29/24
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - 175 137 161
Net Cash position 1 451 151 122 - - -
Leverage (Debt/EBITDA) - - - 2.669 x 2.57 x -7.407 x
Free Cash Flow 1 52.1 -51.3 66.6 -159 40.9 -8.22
ROE (net income / shareholders' equity) 9.2% 0.49% -5.43% -1.02% -0.56% -6.5%
ROA (Net income/ Total Assets) -0.67% 0.53% -2.64% -0.27% -0.44% -2.89%
Assets 1 -17,993 927.9 1,954 3,472 1,121 1,914
Book Value Per Share 2 1.770 1.680 1.630 1.560 1.480 1.490
Cash Flow per Share 2 1.270 0.6400 0.7400 0.3200 0.2100 0.2400
Capex 1 167 74.5 105 54.5 55.1 48.8
Capex / Sales 4.89% 2.81% 4.53% 2.09% 2.22% 1.8%
Announcement Date 4/16/19 4/21/20 4/21/21 4/21/22 4/27/23 4/29/24
1HKD in Million2HKD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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