Market Closed -
Hong Kong S.E.
04:08:16 2024-05-02 am EDT
|
5-day change
|
1st Jan Change
|
44.3
HKD
|
0.00%
|
|
+1.37%
|
+2.55%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
139,712
|
104,942
|
118,591
|
102,926
|
108,847
|
111,619
|
-
|
-
|
Enterprise Value (EV)
1 |
174,078
|
124,053
|
150,238
|
113,092
|
119,967
|
120,509
|
119,139
|
120,724
|
P/E ratio
|
13.3
x
|
14.3
x
|
16.7
x
|
13.3
x
|
13.5
x
|
13.3
x
|
12.6
x
|
11.9
x
|
Yield
|
4.44%
|
5.93%
|
5.04%
|
6.19%
|
5.93%
|
5.84%
|
6%
|
5.98%
|
Capitalization / Revenue
|
20.8
x
|
14.6
x
|
16.8
x
|
15.6
x
|
18.2
x
|
17
x
|
16.6
x
|
16.7
x
|
EV / Revenue
|
25.9
x
|
17.3
x
|
21.3
x
|
17.1
x
|
20
x
|
18.3
x
|
17.7
x
|
18
x
|
EV / EBITDA
|
51.7
x
|
34.8
x
|
46.9
x
|
32.1
x
|
42.2
x
|
39.2
x
|
37.3
x
|
37
x
|
EV / FCF
|
45.8
x
|
47.3
x
|
55.8
x
|
90.9
x
|
-
|
38.8
x
|
37
x
|
-
|
FCF Yield
|
2.18%
|
2.11%
|
1.79%
|
1.1%
|
-
|
2.58%
|
2.7%
|
-
|
Price to Book
|
1.32
x
|
0.99
x
|
1.08
x
|
0.86
x
|
0.88
x
|
0.84
x
|
0.85
x
|
0.8
x
|
Nbr of stocks (in thousands)
|
2,519,611
|
2,519,611
|
2,388,546
|
2,519,611
|
2,519,611
|
2,519,611
|
-
|
-
|
Reference price
2 |
55.45
|
41.65
|
49.65
|
40.85
|
43.20
|
44.30
|
44.30
|
44.30
|
Announcement Date
|
3/18/20
|
3/17/21
|
3/16/22
|
3/15/23
|
3/20/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
6,733
|
7,182
|
7,048
|
6,615
|
5,990
|
6,576
|
6,732
|
6,693
|
EBITDA
1 |
3,369
|
3,568
|
3,202
|
3,518
|
2,842
|
3,073
|
3,193
|
3,261
|
EBIT
1 |
3,068
|
3,173
|
2,833
|
3,176
|
2,517
|
2,980
|
3,080
|
3,208
|
Operating Margin
|
45.57%
|
44.18%
|
40.2%
|
48.01%
|
42.02%
|
45.31%
|
45.76%
|
47.94%
|
Earnings before Tax (EBT)
1 |
11,473
|
8,347
|
8,115
|
8,294
|
8,578
|
8,919
|
9,365
|
10,007
|
Net income
1 |
10,506
|
7,320
|
7,515
|
7,748
|
8,027
|
8,377
|
8,863
|
9,524
|
Net margin
|
156.04%
|
101.92%
|
106.63%
|
117.13%
|
134.01%
|
127.39%
|
131.66%
|
142.29%
|
EPS
2 |
4.170
|
2.910
|
2.980
|
3.080
|
3.190
|
3.337
|
3.519
|
3.732
|
Free Cash Flow
1 |
3,801
|
2,622
|
2,692
|
1,244
|
-
|
3,104
|
3,222
|
-
|
FCF margin
|
56.45%
|
36.51%
|
38.2%
|
18.81%
|
-
|
47.2%
|
47.85%
|
-
|
FCF Conversion (EBITDA)
|
112.82%
|
73.49%
|
84.07%
|
35.36%
|
-
|
101%
|
100.88%
|
-
|
FCF Conversion (Net income)
|
36.18%
|
35.82%
|
35.82%
|
16.06%
|
-
|
37.05%
|
36.35%
|
-
|
Dividend per Share
2 |
2.460
|
2.470
|
2.500
|
2.530
|
2.560
|
2.585
|
2.658
|
2.648
|
Announcement Date
|
3/18/20
|
3/17/21
|
3/16/22
|
3/15/23
|
3/20/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2020 S2
|
2021 S1
|
2021 S2
|
2022 S1
|
2022 S2
|
2023 S1
|
2023 S2
|
2024 S1
|
2024 S2
|
2025 S1
|
2025 S2
|
2026 S1
|
---|
Net sales
1 |
3,488
|
3,158
|
4,024
|
3,588
|
3,460
|
3,381
|
3,234
|
3,180
|
2,810
|
3,108
|
3,108
|
-
|
-
|
-
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
-
|
-
|
-
|
1,688
|
1,145
|
1,338
|
1,838
|
1,460
|
1,057
|
1,238
|
1,238
|
-
|
-
|
-
|
Operating Margin
|
-
|
-
|
-
|
47.05%
|
33.09%
|
39.57%
|
56.83%
|
45.91%
|
37.62%
|
39.83%
|
39.83%
|
-
|
-
|
-
|
Earnings before Tax (EBT)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
|
-
|
2,860
|
-
|
3,011
|
-
|
4,409
|
-
|
4,239
|
-
|
-
|
-
|
-
|
-
|
-
|
Net margin
|
-
|
90.56%
|
-
|
83.92%
|
-
|
130.41%
|
-
|
133.3%
|
-
|
-
|
-
|
-
|
-
|
-
|
EPS
2 |
1.810
|
1.140
|
1.770
|
1.200
|
1.780
|
1.750
|
1.330
|
1.680
|
1.510
|
1.610
|
1.610
|
-
|
-
|
-
|
Dividend per Share
2 |
-
|
-
|
1.790
|
-
|
-
|
-
|
-
|
-
|
-
|
0.7300
|
1.860
|
0.7500
|
1.870
|
0.7700
|
Announcement Date
|
3/18/20
|
8/5/20
|
3/17/21
|
8/4/21
|
3/16/22
|
8/3/22
|
3/15/23
|
8/2/23
|
3/20/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
34,366
|
19,111
|
31,647
|
10,166
|
11,120
|
8,890
|
7,520
|
9,105
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
10.2
x
|
5.356
x
|
9.884
x
|
2.89
x
|
3.913
x
|
2.893
x
|
2.355
x
|
2.792
x
|
Free Cash Flow
1 |
3,801
|
2,622
|
2,692
|
1,244
|
-
|
3,104
|
3,222
|
-
|
ROE (net income / shareholders' equity)
|
9.6%
|
6.56%
|
6.61%
|
6.59%
|
6.62%
|
6.38%
|
6.59%
|
7.06%
|
ROA (Net income/ Total Assets)
|
6.51%
|
4.4%
|
4.55%
|
4.71%
|
5.37%
|
4.95%
|
5.16%
|
5.57%
|
Assets
1 |
161,477
|
166,299
|
165,205
|
164,435
|
149,569
|
169,337
|
171,898
|
171,058
|
Book Value Per Share
2 |
42.10
|
42.00
|
46.00
|
47.40
|
48.90
|
52.90
|
52.10
|
55.70
|
Cash Flow per Share
2 |
1.650
|
1.120
|
1.210
|
0.6800
|
-
|
3.130
|
3.190
|
3.270
|
Capex
1 |
363
|
203
|
363
|
473
|
-
|
426
|
473
|
435
|
Capex / Sales
|
5.39%
|
2.83%
|
5.15%
|
7.15%
|
-
|
6.48%
|
7.03%
|
6.49%
|
Announcement Date
|
3/18/20
|
3/17/21
|
3/16/22
|
3/15/23
|
3/20/24
|
-
|
-
|
-
|
Last Close Price
44.3
HKD Average target price
53.4
HKD Spread / Average Target +20.55% Consensus |
1st Jan change
|
Capi.
|
---|
| +2.55% | 14.27B | | -21.43% | 84.8B | | +55.95% | 78.15B | | -.--% | 51.55B | | +0.66% | 49.03B | | -3.72% | 45.51B | | -4.17% | 42.08B | | +14.16% | 34.81B | | -18.87% | 25.92B | | -9.34% | 23.34B |
Other Multiline Utilities
|