HONGHUA GROUP LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 0.084 HKD | +1.20% |
|
0.00% | -22.94% |
| Mar. 26 | Honghua Group Limited Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
| Feb. 21 | Honghua to Shrink 2023 Loss By Up to 45% | MT |
Valuation
| Fiscal Period: December | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 2,892 | 1,866 | 2,479 | 1,092 | 1,173 | 1,105 |
| Enterprise Value (EV) 1 | 5,108 | 4,207 | 5,589 | 4,597 | 5,628 | 5,396 |
| P/E ratio | -2.11 x | 23.2 x | 23.3 x | 22.3 x | -1.65 x | -1.76 x |
| Yield | - | - | - | - | - | - |
| Capitalization / Revenue | 1.33 x | 0.44 x | 0.56 x | 0.28 x | 0.4 x | 0.25 x |
| EV / Revenue | 2.35 x | 1 x | 1.26 x | 1.17 x | 1.92 x | 1.21 x |
| EV / EBITDA | 27.7 x | 8 x | 10.9 x | 10 x | -30.6 x | -54 x |
| EV / FCF | -7.2 x | 2.01 x | -10.4 x | -3.08 x | 28.5 x | 64.5 x |
| FCF Yield | -13.9% | 49.8% | -9.63% | -32.5% | 3.51% | 1.55% |
| Price to Book | 0.74 x | 0.46 x | 0.59 x | 0.26 x | 0.34 x | 0.38 x |
| Nbr of stocks (in thousands) | 5,182,760 | 5,183,144 | 5,232,816 | 5,233,816 | 5,233,816 | 5,233,816 |
| Reference price 2 | 0.5581 | 0.3600 | 0.4736 | 0.2087 | 0.2241 | 0.2111 |
| Announcement Date | 4/27/18 | 4/26/19 | 4/27/20 | 4/19/21 | 4/27/22 | 4/28/23 |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|
| Net sales 1 | 2,176 | 4,205 | 4,426 | 3,931 | 2,937 | 4,476 |
| EBITDA 1 | 184.2 | 526.2 | 511.3 | 459.1 | -184.1 | -99.86 |
| EBIT 1 | -62.74 | 353 | 347.5 | 287.9 | -332.9 | -393.6 |
| Operating Margin | -2.88% | 8.39% | 7.85% | 7.32% | -11.33% | -8.79% |
| Earnings before Tax (EBT) 1 | -346.5 | 143.6 | 166.3 | 86.09 | -745.3 | -624.8 |
| Net income 1 | -1,239 | 82.29 | 107.5 | 49.66 | -717.2 | -634.4 |
| Net margin | -56.96% | 1.96% | 2.43% | 1.26% | -24.42% | -14.17% |
| EPS 2 | -0.2650 | 0.0155 | 0.0203 | 0.009378 | -0.1354 | -0.1198 |
| Free Cash Flow 1 | -709.9 | 2,094 | -538.3 | -1,493 | 197.6 | 83.67 |
| FCF margin | -32.63% | 49.79% | -12.16% | -37.97% | 6.73% | 1.87% |
| FCF Conversion (EBITDA) | - | 397.94% | - | - | - | - |
| FCF Conversion (Net income) | - | 2,544.69% | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - |
| Announcement Date | 4/27/18 | 4/26/19 | 4/27/20 | 4/19/21 | 4/27/22 | 4/28/23 |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 2,216 | 2,341 | 3,110 | 3,505 | 4,455 | 4,291 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 12.03 x | 4.449 x | 6.084 x | 7.635 x | -24.21 x | -42.97 x |
| Free Cash Flow 1 | -710 | 2,094 | -538 | -1,493 | 198 | 83.7 |
| ROE (net income / shareholders' equity) | -9.57% | 2.58% | 3.01% | 1.34% | -17.8% | -18% |
| ROA (Net income/ Total Assets) | -0.37% | 2.16% | 1.97% | 1.51% | -1.75% | -2.04% |
| Assets 1 | 337,243 | 3,801 | 5,460 | 3,280 | 40,959 | 31,037 |
| Book Value Per Share 2 | 0.7600 | 0.7800 | 0.8100 | 0.8100 | 0.6700 | 0.5600 |
| Cash Flow per Share 2 | 0.2100 | 0.1300 | 0.1700 | 0.1800 | 0.1300 | 0.1100 |
| Capex 1 | 93.2 | 353 | 353 | 200 | 75.7 | 37.2 |
| Capex / Sales | 4.28% | 8.39% | 7.98% | 5.09% | 2.58% | 0.83% |
| Announcement Date | 4/27/18 | 4/26/19 | 4/27/20 | 4/19/21 | 4/27/22 | 4/28/23 |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -22.94% | 95.7M | |
| +11.88% | 4.43B | |
| +1.14% | 821M | |
| +3.73% | 771M | |
| -14.44% | 685M | |
| -14.96% | 631M | |
| -22.31% | 325M | |
| +20.90% | 311M | |
| +47.95% | 296M | |
| -30.26% | 242M |
- Stock Market
- Equities
- 196 Stock
- Financials Honghua Group Limited
