Delayed
Hong Kong S.E.
11:41:35 2024-05-13 pm EDT
|
5-day change
|
1st Jan Change
|
11.7
HKD
|
-0.51%
|
|
+5.19%
|
+16.21%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
869,880
|
906,144
|
705,022
|
859,825
|
659,571
|
736,745
|
-
|
-
|
Enterprise Value (EV)
1 |
301,359
|
960,692
|
939,455
|
927,597
|
774,427
|
123,044
|
61,096
|
-7,371
|
P/E ratio
|
9.44
x
|
8.13
x
|
5.85
x
|
10.4
x
|
5.64
x
|
6.92
x
|
5.94
x
|
5.41
x
|
Yield
|
3.77%
|
4.45%
|
6.17%
|
4.14%
|
4.67%
|
4.72%
|
5.45%
|
5.69%
|
Capitalization / Revenue
|
1.17
x
|
1.1
x
|
1.15
x
|
1.41
x
|
1.04
x
|
1.12
x
|
1.05
x
|
0.99
x
|
EV / Revenue
|
0.4
x
|
1.16
x
|
1.54
x
|
1.53
x
|
1.23
x
|
0.19
x
|
0.09
x
|
-0.01
x
|
EV / EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EV / FCF
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Yield
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Price to Book
|
1.35
x
|
0.9
x
|
0.62
x
|
0.77
x
|
0.57
x
|
0.61
x
|
0.57
x
|
0.53
x
|
Nbr of stocks (in thousands)
|
28,264,705
|
28,264,705
|
28,264,705
|
28,264,705
|
28,264,705
|
28,264,705
|
-
|
-
|
Reference price
2 |
19.35
|
14.39
|
10.53
|
11.83
|
9.198
|
10.89
|
10.89
|
10.89
|
Announcement Date
|
3/25/20
|
3/25/21
|
3/24/22
|
3/29/23
|
3/27/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
745,165
|
824,961
|
611,251
|
607,825
|
632,141
|
658,043
|
701,534
|
745,677
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
59,990
|
54,911
|
40,167
|
23,563
|
36,497
|
26,934
|
34,288
|
35,516
|
Operating Margin
|
8.05%
|
6.66%
|
6.57%
|
3.88%
|
5.77%
|
4.09%
|
4.89%
|
4.76%
|
Earnings before Tax (EBT)
1 |
59,795
|
54,488
|
50,495
|
24,047
|
11,878
|
47,246
|
56,278
|
69,476
|
Net income
1 |
58,287
|
50,268
|
50,921
|
32,082
|
21,110
|
40,338
|
49,437
|
52,814
|
Net margin
|
7.82%
|
6.09%
|
8.33%
|
5.28%
|
3.34%
|
6.13%
|
7.05%
|
7.08%
|
EPS
2 |
2.050
|
1.770
|
1.800
|
1.140
|
1.630
|
1.572
|
1.832
|
2.012
|
Free Cash Flow
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF margin
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
2 |
0.7300
|
0.6400
|
0.6500
|
0.4900
|
0.4300
|
0.5140
|
0.5934
|
0.6194
|
Announcement Date
|
3/25/20
|
3/25/21
|
3/24/22
|
3/29/23
|
3/27/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2020 S2
|
2021 S1
|
2021 S2
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2022 S2
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 S2
|
2024 Q1
|
2024 S1
|
2024 S2
|
2025 S1
|
2025 S2
|
---|
Net sales
|
198,981
|
407,936
|
311,226
|
552,601
|
188,609
|
-
|
-
|
419,636
|
117,043
|
71,146
|
188,189
|
306,537
|
-
|
448,915
|
-
|
183,226
|
-
|
476,785
|
170,180
|
495,982
|
169,789
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
|
-
|
-
|
-
|
-
|
1,747
|
-
|
-
|
24,991
|
-
|
-
|
4,329
|
-
|
-
|
37,538
|
-
|
-
|
-
|
32,032
|
38,370
|
33,241
|
39,974
|
Operating Margin
|
-
|
-
|
-
|
-
|
0.93%
|
-
|
-
|
5.96%
|
-
|
-
|
2.3%
|
-
|
-
|
8.36%
|
-
|
-
|
-
|
6.72%
|
22.55%
|
6.7%
|
23.54%
|
Earnings before Tax (EBT)
|
-
|
35,564
|
-
|
46,103
|
-
|
-
|
8,704
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
1 |
-
|
30,535
|
-
|
40,975
|
-
|
15,178
|
10,238
|
25,416
|
5,701
|
965
|
-
|
-
|
18,266
|
36,151
|
53
|
-
|
20,644
|
-
|
-
|
-
|
-
|
Net margin
|
-
|
7.49%
|
-
|
7.41%
|
-
|
-
|
-
|
6.06%
|
4.87%
|
1.36%
|
-
|
-
|
-
|
8.05%
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EPS
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
3/25/20
|
8/26/20
|
3/25/21
|
8/25/21
|
3/24/22
|
4/27/22
|
8/25/22
|
8/25/22
|
10/27/22
|
3/29/23
|
3/29/23
|
5/23/23
|
8/23/23
|
8/23/23
|
10/26/23
|
3/27/24
|
4/26/24
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
54,548
|
234,433
|
67,772
|
114,856
|
-
|
-
|
-
|
Net Cash position
1 |
568,521
|
-
|
-
|
-
|
-
|
613,700
|
675,648
|
744,115
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
ROE (net income / shareholders' equity)
|
16.5%
|
11.8%
|
11%
|
7.01%
|
4.71%
|
7.47%
|
8.08%
|
9.43%
|
ROA (Net income/ Total Assets)
|
1.67%
|
1.26%
|
1.11%
|
0.63%
|
0.38%
|
0.67%
|
0.64%
|
0.68%
|
Assets
1 |
3,490,240
|
3,989,524
|
4,571,785
|
5,072,253
|
5,569,921
|
6,023,140
|
6,813,774
|
7,590,622
|
Book Value Per Share
2 |
14.30
|
15.90
|
16.90
|
15.40
|
16.30
|
17.80
|
19.20
|
20.70
|
Cash Flow per Share
|
-
|
10.80
|
10.10
|
12.50
|
-
|
-
|
-
|
-
|
Capex
|
-
|
7,410
|
-
|
-
|
-
|
-
|
-
|
-
|
Capex / Sales
|
-
|
0.9%
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
3/25/20
|
3/25/21
|
3/24/22
|
3/29/23
|
3/27/24
|
-
|
-
|
-
|
Last Close Price
10.89
CNY Average target price
13.27
CNY Spread / Average Target +21.91% Consensus |
1st Jan change
|
Capi.
|
---|
| +16.21% | 102B | | +5.83% | 103B | | -5.36% | 91.99B | | +7.11% | 68.97B | | +16.65% | 33.18B | | +10.34% | 28.79B | | +20.56% | 28.74B | | -0.52% | 17.17B | | -13.46% | 14.12B | | +28.06% | 13.5B |
Life Insurance
|