INVESTECH HOLDINGS LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 0.37 HKD | 0.00% |
|
0.00% | +5.71% |
| Mar. 28 | InvesTech Holdings Limited Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
| Jan. 31 | InvesTech Sells 59.2 Million Shares to Minority Stockholder | MT |
Valuation
| Fiscal Period: December | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 350.8 | 192.1 | 242.2 | 108.7 | 118.7 | 80.76 |
| Enterprise Value (EV) 1 | 258.8 | 209.1 | 236.7 | 64.58 | 111.5 | 86.76 |
| P/E ratio | -2.89 x | -4.16 x | -11.4 x | -1.31 x | -6.7 x | -2.15 x |
| Yield | - | - | - | - | - | - |
| Capitalization / Revenue | 0.7 x | 0.46 x | 0.5 x | 0.23 x | 0.25 x | 0.15 x |
| EV / Revenue | 0.52 x | 0.5 x | 0.48 x | 0.14 x | 0.23 x | 0.16 x |
| EV / EBITDA | 186 x | -11.8 x | 127 x | -6.29 x | -36.3 x | 20.6 x |
| EV / FCF | 7.68 x | 1.33 x | 20.8 x | 1.31 x | -16.4 x | -8.44 x |
| FCF Yield | 13% | 75% | 4.81% | 76.2% | -6.11% | -11.8% |
| Price to Book | 0.36 x | 0.2 x | 0.33 x | 0.29 x | 0.37 x | 0.26 x |
| Nbr of stocks (in thousands) | 58,500 | 58,500 | 70,200 | 70,200 | 84,240 | 117,240 |
| Reference price 2 | 5.997 | 3.284 | 3.450 | 1.549 | 1.410 | 0.6889 |
| Announcement Date | 4/19/18 | 4/23/19 | 4/28/20 | 4/15/21 | 4/27/22 | 4/27/23 |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|
| Net sales 1 | 501.9 | 414.9 | 488.7 | 470.6 | 484.6 | 556.7 |
| EBITDA 1 | 1.392 | -17.78 | 1.86 | -10.26 | -3.074 | 4.203 |
| EBIT 1 | -19.83 | -39.07 | -19.59 | -31.6 | -24.19 | -17.09 |
| Operating Margin | -3.95% | -9.42% | -4.01% | -6.71% | -4.99% | -3.07% |
| Earnings before Tax (EBT) 1 | -87.85 | -58.42 | -22.64 | -86.29 | -22.05 | -28.81 |
| Net income 1 | -95.61 | -46.17 | -21.1 | -83.05 | -16.85 | -35.88 |
| Net margin | -19.05% | -11.13% | -4.32% | -17.65% | -3.48% | -6.45% |
| EPS 2 | -2.077 | -0.7892 | -0.3020 | -1.183 | -0.2104 | -0.3209 |
| Free Cash Flow 1 | 33.68 | 156.8 | 11.38 | 49.24 | -6.814 | -10.28 |
| FCF margin | 6.71% | 37.8% | 2.33% | 10.46% | -1.41% | -1.85% |
| FCF Conversion (EBITDA) | 2,419.58% | - | 612.02% | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - |
| Announcement Date | 4/19/18 | 4/23/19 | 4/28/20 | 4/15/21 | 4/27/22 | 4/27/23 |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | 17 | - | - | - | 6 |
| Net Cash position 1 | 92 | - | 5.5 | 44.1 | 7.29 | - |
| Leverage (Debt/EBITDA) | - | -0.9565 x | - | - | - | 1.427 x |
| Free Cash Flow 1 | 33.7 | 157 | 11.4 | 49.2 | -6.81 | -10.3 |
| ROE (net income / shareholders' equity) | -9.22% | -5.35% | -2.77% | -14.4% | -5.96% | -10.2% |
| ROA (Net income/ Total Assets) | -0.82% | -1.75% | -0.99% | -2.16% | -2.2% | -1.52% |
| Assets 1 | 11,624 | 2,643 | 2,127 | 3,849 | 766.5 | 2,355 |
| Book Value Per Share 2 | 16.70 | 16.10 | 10.40 | 5.290 | 3.830 | 2.640 |
| Cash Flow per Share 2 | 3.620 | 1.680 | 0.6900 | 1.080 | 0.6500 | 0.5100 |
| Capex 1 | 1.51 | 1.59 | 0.37 | 0.65 | 1.85 | 0.8 |
| Capex / Sales | 0.3% | 0.38% | 0.08% | 0.14% | 0.38% | 0.14% |
| Announcement Date | 4/19/18 | 4/23/19 | 4/28/20 | 4/15/21 | 4/27/22 | 4/27/23 |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| +5.71% | 9.45M | |
| -30.75% | 23.28B | |
| +8.27% | 8.28B | |
| -9.58% | 5.19B | |
| -17.14% | 2.82B | |
| -20.02% | 2.18B | |
| -13.14% | 1.63B | |
| -20.08% | 1.62B | |
| +46.26% | 1.53B | |
| -16.62% | 1.16B |
- Stock Market
- Equities
- 1087 Stock
- Financials InvesTech Holdings Limited
