Financials SciClone Pharmaceuticals (Holdings) Limited

Equities

6600

KYG4271B1023

Pharmaceuticals

Delayed Hong Kong S.E. 11:29:36 2024-06-04 pm EDT 5-day change 1st Jan Change
18.56 HKD +0.43% Intraday chart for SciClone Pharmaceuticals (Holdings) Limited +1.31% +33.33%

Valuation

Fiscal Period: December 2021 2022 2023 2024 2025
Capitalization 1 4,755 4,996 7,703 10,383 -
Enterprise Value (EV) 1 3,795 4,177 5,927 7,788 6,872
P/E ratio 5.3 x 6.05 x 7.36 x 9.68 x 9.01 x
Yield 4.04% 4.7% - 2.57% -
Capitalization / Revenue 1.89 x 1.82 x 2.44 x 2.88 x 2.54 x
EV / Revenue 1.51 x 1.52 x 1.88 x 2.16 x 1.68 x
EV / EBITDA 3.39 x 3.44 x - 5.91 x 4.66 x
EV / FCF 3,706,970 x 3,546,040 x - - -
FCF Yield 0% 0% - - -
Price to Book 1.98 x 1.7 x 2.52 x 2.49 x 1.93 x
Nbr of stocks (in thousands) 674,684 682,330 608,843 606,307 -
Reference price 2 7.048 7.322 12.65 17.13 17.13
Announcement Date 3/24/22 3/30/23 3/28/24 - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Net sales 1 1,919 2,518 2,750 3,156 3,610 4,086
EBITDA 1 - 1,121 1,213 - 1,319 1,475
EBIT 1 - 1,013 1,094 1,215 1,254 1,382
Operating Margin - 40.22% 39.78% 38.52% 34.72% 33.83%
Earnings before Tax (EBT) 1 - 1,026 940.1 1,217 1,285 1,417
Net income 1 - 923.4 855.4 1,122 1,150 1,233
Net margin - 36.66% 31.11% 35.55% 31.85% 30.17%
EPS 2 1.350 1.330 1.210 1.720 1.770 1.900
Free Cash Flow - 1,024 1,178 - - -
FCF margin - 40.65% 42.83% - - -
FCF Conversion (EBITDA) - 91.34% 97.12% - - -
FCF Conversion (Net income) - 110.87% 137.7% - - -
Dividend per Share 2 - 0.2849 0.3440 - 0.4400 -
Announcement Date 3/25/21 3/24/22 3/30/23 3/28/24 - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Net Debt 1 - - - - - -
Net Cash position 1 - 960 819 1,776 2,595 3,511
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - 1,024 1,178 - - -
ROE (net income / shareholders' equity) - 70.2% 32.2% 35.9% 29.7% 24.1%
ROA (Net income/ Total Assets) - 26.6% 20.4% 27% 25.3% -
Assets 1 - 3,473 4,192 4,160 4,545 -
Book Value Per Share 2 - 3.560 4.310 5.020 6.880 8.860
Cash Flow per Share 2 - 1.480 1.670 2.160 1.710 -
Capex 1 - 5.7 5.77 - 185 -
Capex / Sales - 0.23% 0.21% - 5.12% -
Announcement Date 3/25/21 3/24/22 3/30/23 3/28/24 - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
2
Last Close Price
17.13 CNY
Average target price
16.5 CNY
Spread / Average Target
-3.67%
Consensus

Annual profits - Rate of surprise

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