Financials Hon Kwok Land Investment Company, Limited

Equities

160

HK0160011786

Real Estate Development & Operations

Delayed Hong Kong S.E. 04:08:17 2024-05-07 am EDT 5-day change 1st Jan Change
1.6 HKD 0.00% Intraday chart for Hon Kwok Land Investment Company, Limited +7.38% +13.48%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 3,350 2,918 1,729 2,132 1,895 1,571
Enterprise Value (EV) 1 5,200 5,973 5,421 5,947 5,572 5,945
P/E ratio 1.12 x 2.52 x -48.1 x 17.5 x 20.7 x 10.2 x
Yield 2.69% 3.09% 5.21% 4.22% 4.75% 5.73%
Capitalization / Revenue 1.88 x 1.97 x 2.71 x 1.67 x 1.71 x 1.5 x
EV / Revenue 2.92 x 4.04 x 8.49 x 4.66 x 5.04 x 5.66 x
EV / EBITDA 6.98 x 9.62 x 21.9 x 12.9 x 13.1 x 13.8 x
EV / FCF -19.2 x -11.3 x 27.5 x 66.3 x 22 x 13.9 x
FCF Yield -5.21% -8.87% 3.64% 1.51% 4.55% 7.22%
Price to Book 0.29 x 0.25 x 0.15 x 0.18 x 0.15 x 0.13 x
Nbr of stocks (in thousands) 720,429 720,429 720,429 720,429 720,429 720,429
Reference price 2 4.650 4.050 2.400 2.960 2.630 2.180
Announcement Date 7/24/18 7/24/19 7/27/20 7/26/21 7/25/22 7/26/23
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 1,781 1,478 638.5 1,276 1,106 1,049
EBITDA 1 745 620.9 248 461.7 424.3 431.6
EBIT 1 739.3 615.6 242.9 455.5 417.8 425.9
Operating Margin 41.51% 41.64% 38.04% 35.69% 37.77% 40.59%
Earnings before Tax (EBT) 1 3,494 1,761 -23.58 339.4 225.4 299.2
Net income 1 2,980 1,159 -35.95 121.5 91.69 153.4
Net margin 167.31% 78.36% -5.63% 9.52% 8.29% 14.62%
EPS 2 4.136 1.608 -0.0499 0.1687 0.1273 0.2130
Free Cash Flow 1 -270.8 -529.5 197.1 89.76 253.6 429.2
FCF margin -15.21% -35.82% 30.87% 7.03% 22.93% 40.9%
FCF Conversion (EBITDA) - - 79.49% 19.44% 59.77% 99.43%
FCF Conversion (Net income) - - - 73.87% 276.59% 279.74%
Dividend per Share 2 0.1250 0.1250 0.1250 0.1250 0.1250 0.1250
Announcement Date 7/24/18 7/24/19 7/27/20 7/26/21 7/25/22 7/26/23
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 1,850 3,055 3,692 3,814 3,677 4,374
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 2.483 x 4.921 x 14.89 x 8.261 x 8.667 x 10.13 x
Free Cash Flow 1 -271 -530 197 89.8 254 429
ROE (net income / shareholders' equity) 31.6% 11.1% -0.11% 1.04% 0.74% 1.28%
ROA (Net income/ Total Assets) 2.45% 1.96% 0.77% 1.41% 1.28% 1.31%
Assets 1 121,728 59,017 -4,665 8,592 7,187 11,731
Book Value Per Share 2 15.80 16.50 15.70 16.60 17.00 16.20
Cash Flow per Share 2 3.720 2.720 3.010 2.650 2.610 2.430
Capex 1 0.98 1.16 7.4 20.9 2.17 1.27
Capex / Sales 0.05% 0.08% 1.16% 1.64% 0.2% 0.12%
Announcement Date 7/24/18 7/24/19 7/27/20 7/26/21 7/25/22 7/26/23
1HKD in Million2HKD
Estimates
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