Financials Kin Shing Holdings Limited

Equities

1630

KYG5281A1094

Construction & Engineering

Market Closed - Hong Kong S.E. 04:09:05 2024-06-07 am EDT 5-day change 1st Jan Change
0.029 HKD -3.33% Intraday chart for Kin Shing Holdings Limited -9.38% -32.56%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 5,970 360 120 168 147 105
Enterprise Value (EV) 1 5,919 342.6 76.34 122.9 106 18.62
P/E ratio 211 x -18.6 x -11.1 x 63.9 x -11.8 x 8.83 x
Yield - - - - - -
Capitalization / Revenue 10.3 x 0.42 x 0.28 x 0.32 x 0.24 x 0.22 x
EV / Revenue 10.3 x 0.4 x 0.18 x 0.23 x 0.18 x 0.04 x
EV / EBITDA 161 x 11.4 x -28.7 x -29.2 x 29 x 2.75 x
EV / FCF -98.6 x 50.1 x 2.21 x -8.58 x 27.2 x 0.54 x
FCF Yield -1.01% 2% 45.3% -11.7% 3.67% 185%
Price to Book 29.2 x 2.06 x 0.73 x 1.01 x 0.95 x 0.63 x
Nbr of stocks (in thousands) 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000
Reference price 2 3.980 0.2400 0.0800 0.1120 0.0980 0.0700
Announcement Date 6/29/18 7/8/19 7/13/20 7/12/21 7/20/22 7/20/23
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 576.9 850.6 434.6 523.9 600.9 474.8
EBITDA 1 36.79 30.02 -2.663 -4.208 3.662 6.777
EBIT 1 32.67 23.73 -9.933 -16.86 -12.62 -6.323
Operating Margin 5.66% 2.79% -2.29% -3.22% -2.1% -1.33%
Earnings before Tax (EBT) 1 32.66 -13.25 -12.22 4.12 -12.5 11.89
Net income 1 27.28 -19.32 -10.83 2.631 -12.5 11.89
Net margin 4.73% -2.27% -2.49% 0.5% -2.08% 2.5%
EPS 2 0.0189 -0.0129 -0.007220 0.001754 -0.008331 0.007924
Free Cash Flow 1 -60.01 6.841 34.56 -14.33 3.894 34.42
FCF margin -10.4% 0.8% 7.95% -2.73% 0.65% 7.25%
FCF Conversion (EBITDA) - 22.79% - - 106.33% 507.89%
FCF Conversion (Net income) - - - - - 289.56%
Dividend per Share - - - - - -
Announcement Date 6/29/18 7/8/19 7/13/20 7/12/21 7/20/22 7/20/23
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 51 17.4 43.7 45.1 41 86.4
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -60 6.84 34.6 -14.3 3.89 34.4
ROE (net income / shareholders' equity) 18.7% -10.2% -6.39% 1.59% -7.79% 7.42%
ROA (Net income/ Total Assets) 7.31% 3.91% -1.55% -2.78% -2.05% -0.98%
Assets 1 373.3 -493.5 698 -94.61 610.2 -1,211
Book Value Per Share 2 0.1400 0.1200 0.1100 0.1100 0.1000 0.1100
Cash Flow per Share 2 0.0600 0.1200 0.1300 0.1200 0.0900 0.1000
Capex 1 12.7 9.32 9.69 22.4 4.76 8.98
Capex / Sales 2.19% 1.1% 2.23% 4.27% 0.79% 1.89%
Announcement Date 6/29/18 7/8/19 7/13/20 7/12/21 7/20/22 7/20/23
1HKD in Million2HKD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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