Market Closed -
Hong Kong S.E.
04:08:35 2024-05-13 am EDT
|
5-day change
|
1st Jan Change
|
19.28
HKD
|
+0.73%
|
|
-0.10%
|
-7.97%
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
15,529
|
9,171
|
12,564
|
11,202
|
14,736
|
11,319
|
-
|
-
|
Enterprise Value (EV)
1 |
15,298
|
7,582
|
10,107
|
9,093
|
12,504
|
7,891
|
7,444
|
6,678
|
P/E ratio
|
10.4
x
|
10.6
x
|
12.4
x
|
8.05
x
|
11.5
x
|
6.29
x
|
5.68
x
|
5.24
x
|
Yield
|
4.35%
|
6.4%
|
3.39%
|
5.77%
|
4.38%
|
7.32%
|
8.22%
|
8.95%
|
Capitalization / Revenue
|
0.98
x
|
0.82
x
|
1.42
x
|
0.95
x
|
1.23
x
|
0.73
x
|
0.65
x
|
0.61
x
|
EV / Revenue
|
0.96
x
|
0.67
x
|
1.14
x
|
0.77
x
|
1.04
x
|
0.51
x
|
0.43
x
|
0.36
x
|
EV / EBITDA
|
7.73
x
|
6.11
x
|
7.34
x
|
4.31
x
|
6.31
x
|
3.16
x
|
2.73
x
|
2.24
x
|
EV / FCF
|
-20.1
x
|
2.58
x
|
4.38
x
|
26.8
x
|
10.1
x
|
9.72
x
|
3.92
x
|
3.87
x
|
FCF Yield
|
-4.97%
|
38.8%
|
22.8%
|
3.73%
|
9.87%
|
10.3%
|
25.5%
|
25.8%
|
Price to Book
|
1.48
x
|
0.88
x
|
1.11
x
|
0.93
x
|
1.21
x
|
0.85
x
|
0.77
x
|
0.7
x
|
Nbr of stocks (in thousands)
|
587,108
|
587,108
|
587,108
|
587,108
|
587,108
|
587,108
|
-
|
-
|
Reference price
2 |
26.45
|
15.62
|
21.40
|
19.08
|
25.10
|
19.28
|
19.28
|
19.28
|
Announcement Date
|
6/27/19
|
6/26/20
|
6/24/21
|
6/28/22
|
6/27/23
|
-
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
15,860
|
11,234
|
8,861
|
11,738
|
11,978
|
15,602
|
17,328
|
18,699
|
EBITDA
1 |
1,979
|
1,241
|
1,376
|
2,108
|
1,982
|
2,493
|
2,723
|
2,983
|
EBIT
1 |
1,853
|
1,156
|
1,244
|
1,643
|
1,576
|
2,247
|
2,471
|
2,598
|
Operating Margin
|
11.68%
|
10.29%
|
14.04%
|
14%
|
13.16%
|
14.4%
|
14.26%
|
13.89%
|
Earnings before Tax (EBT)
1 |
1,806
|
1,091
|
1,255
|
1,684
|
1,565
|
2,166
|
2,445
|
2,634
|
Net income
1 |
1,493
|
866.3
|
1,017
|
1,392
|
1,285
|
1,806
|
2,016
|
2,187
|
Net margin
|
9.41%
|
7.71%
|
11.48%
|
11.86%
|
10.73%
|
11.58%
|
11.64%
|
11.69%
|
EPS
2 |
2.540
|
1.480
|
1.730
|
2.370
|
2.190
|
3.064
|
3.396
|
3.682
|
Free Cash Flow
1 |
-760.4
|
2,943
|
2,307
|
339.2
|
1,234
|
486.5
|
1,869
|
1,730
|
FCF margin
|
-4.79%
|
26.2%
|
26.03%
|
2.89%
|
10.3%
|
3.12%
|
10.79%
|
9.25%
|
FCF Conversion (EBITDA)
|
-
|
237.07%
|
167.65%
|
16.09%
|
62.26%
|
19.51%
|
68.65%
|
57.97%
|
FCF Conversion (Net income)
|
-
|
339.69%
|
226.77%
|
24.36%
|
96.06%
|
26.93%
|
92.69%
|
79.1%
|
Dividend per Share
2 |
1.150
|
1.000
|
0.7250
|
1.100
|
1.100
|
1.411
|
1.584
|
1.726
|
Announcement Date
|
6/27/19
|
6/26/20
|
6/24/21
|
6/28/22
|
6/27/23
|
-
|
-
|
-
|
Fiscal Period: March |
2020 S1
|
2020 S2
|
2021 S1
|
2021 S2
|
2022 S1
|
2022 S2
|
2023 S1
|
2023 S2
|
2024 S1
|
2024 S2
|
---|
Net sales
1 |
6,305
|
4,928
|
3,344
|
5,518
|
5,591
|
6,147
|
5,573
|
6,405
|
7,486
|
8,340
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
-
|
-
|
-
|
857
|
779.9
|
863.3
|
818.5
|
757.7
|
1,140
|
1,214
|
Operating Margin
|
-
|
-
|
-
|
15.53%
|
13.95%
|
14.05%
|
14.69%
|
11.83%
|
15.23%
|
14.56%
|
Earnings before Tax (EBT)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
|
-
|
-
|
-
|
726.1
|
-
|
-
|
657.6
|
-
|
-
|
-
|
Net margin
|
-
|
-
|
-
|
13.16%
|
-
|
-
|
11.8%
|
-
|
-
|
-
|
EPS
|
-
|
-
|
-
|
-
|
-
|
-
|
1.120
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
11/28/19
|
6/26/20
|
11/26/20
|
6/24/21
|
11/29/21
|
6/28/22
|
11/28/22
|
6/27/23
|
11/29/23
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
231
|
1,588
|
2,457
|
2,109
|
2,233
|
3,429
|
3,875
|
4,641
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
-760
|
2,943
|
2,307
|
339
|
1,234
|
812
|
1,900
|
1,726
|
ROE (net income / shareholders' equity)
|
14.5%
|
8.29%
|
9.38%
|
11.9%
|
10.6%
|
14.2%
|
14.4%
|
14.2%
|
ROA (Net income/ Total Assets)
|
11.2%
|
6.11%
|
7.16%
|
9.06%
|
8.25%
|
11.5%
|
11.7%
|
11.6%
|
Assets
1 |
13,319
|
14,174
|
14,219
|
15,367
|
15,575
|
15,709
|
17,195
|
18,866
|
Book Value Per Share
2 |
17.90
|
17.70
|
19.30
|
20.60
|
20.80
|
22.80
|
24.90
|
27.50
|
Cash Flow per Share
2 |
-0.1900
|
5.220
|
4.170
|
1.260
|
2.280
|
2.280
|
2.970
|
4.400
|
Capex
1 |
934
|
392
|
238
|
558
|
107
|
750
|
272
|
233
|
Capex / Sales
|
5.89%
|
3.49%
|
2.68%
|
4.76%
|
0.9%
|
4.81%
|
1.57%
|
1.24%
|
Announcement Date
|
6/27/19
|
6/26/20
|
6/24/21
|
6/28/22
|
6/27/23
|
-
|
-
|
-
|
Last Close Price
19.28
HKD Average target price
27.45
HKD Spread / Average Target +42.36% Consensus |
1st Jan change
|
Capi.
|
---|
| -7.97% | 1.44B | | +12.99% | 5.07B | | -6.73% | 4.31B | | -3.70% | 3.22B | | +31.88% | 2.3B | | -52.77% | 1B | | -4.82% | 763M | | +10.71% | 665M | | -16.23% | 468M | | -20.88% | 436M |
Jewelry & Watch Retailers
|