SOUTH MANGANESE INVESTMENT LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 0.59 HKD | +32.58% |
|
+24.21% | +19.19% |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 1,217 | 1,251 | 1,611 | 4,046 | 2,194 | 1,697 |
| Enterprise Value (EV) 1 | 4,021 | 4,128 | 5,008 | 7,041 | 5,398 | 5,671 |
| P/E ratio | 3.68 x | -6.18 x | -3.68 x | 8.68 x | 6.53 x | 26.5 x |
| Yield | 2.82% | - | - | - | - | - |
| Capitalization / Revenue | 0.18 x | 0.22 x | 0.37 x | 0.32 x | 0.14 x | 0.1 x |
| EV / Revenue | 0.6 x | 0.71 x | 1.15 x | 0.55 x | 0.34 x | 0.33 x |
| EV / EBITDA | 6.51 x | 10.2 x | 10.4 x | 3.62 x | 5.61 x | 10.4 x |
| EV / FCF | -8.51 x | 239 x | -24.7 x | 10.2 x | -8.15 x | -5.59 x |
| FCF Yield | -11.7% | 0.42% | -4.05% | 9.84% | -12.3% | -17.9% |
| Price to Book | 0.39 x | 0.45 x | 0.64 x | 1.3 x | 0.69 x | 0.54 x |
| Nbr of stocks (in thousands) | 3,428,459 | 3,428,459 | 3,428,459 | 3,428,459 | 3,428,459 | 3,428,459 |
| Reference price 2 | 0.3550 | 0.3650 | 0.4700 | 1.180 | 0.6400 | 0.4950 |
| Announcement Date | 4/12/19 | 4/23/20 | 4/22/21 | 4/26/22 | 12/11/23 | 4/26/24 |
1HKD in Million2HKD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 6,736 | 5,802 | 4,368 | 12,831 | 16,032 | 17,134 |
| EBITDA 1 | 617.5 | 406.4 | 483.1 | 1,946 | 962 | 543.1 |
| EBIT 1 | 252.1 | 36.9 | 62.95 | 1,304 | 434.2 | 128.3 |
| Operating Margin | 3.74% | 0.64% | 1.44% | 10.16% | 2.71% | 0.75% |
| Earnings before Tax (EBT) 1 | 344 | -217.2 | -503.8 | 584.9 | 394.9 | 109.9 |
| Net income 1 | 330.9 | -202.3 | -437.9 | 466.2 | 336.1 | 64.14 |
| Net margin | 4.91% | -3.49% | -10.03% | 3.63% | 2.1% | 0.37% |
| EPS 2 | 0.0965 | -0.0590 | -0.1277 | 0.1360 | 0.0980 | 0.0187 |
| Free Cash Flow 1 | -472.2 | 17.3 | -202.7 | 692.6 | -662.1 | -1,014 |
| FCF margin | -7.01% | 0.3% | -4.64% | 5.4% | -4.13% | -5.92% |
| FCF Conversion (EBITDA) | - | 4.26% | - | 35.59% | - | - |
| FCF Conversion (Net income) | - | - | - | 148.56% | - | - |
| Dividend per Share 2 | 0.0100 | - | - | - | - | - |
| Announcement Date | 4/12/19 | 4/23/20 | 4/22/21 | 4/26/22 | 12/11/23 | 4/26/24 |
1HKD in Million2HKD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 2,803 | 2,876 | 3,397 | 2,995 | 3,203 | 3,973 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 4.54 x | 7.077 x | 7.031 x | 1.539 x | 3.33 x | 7.317 x |
| Free Cash Flow 1 | -472 | 17.3 | -203 | 693 | -662 | -1,014 |
| ROE (net income / shareholders' equity) | 11% | -7.79% | -17% | 13.4% | 12.3% | 2.56% |
| ROA (Net income/ Total Assets) | 1.72% | 0.25% | 0.44% | 8.13% | 2.42% | 0.7% |
| Assets 1 | 19,292 | -80,677 | -99,214 | 5,733 | 13,892 | 9,123 |
| Book Value Per Share 2 | 0.9000 | 0.8200 | 0.7300 | 0.9100 | 0.9200 | 0.9200 |
| Cash Flow per Share 2 | 0.3700 | 0.3200 | 0.3300 | 0.3000 | 0.3400 | 0.2800 |
| Capex 1 | 329 | 480 | 436 | 670 | 1,030 | 530 |
| Capex / Sales | 4.89% | 8.27% | 9.98% | 5.22% | 6.42% | 3.09% |
| Announcement Date | 4/12/19 | 4/23/20 | 4/22/21 | 4/26/22 | 12/11/23 | 4/26/24 |
1HKD in Million2HKD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| +19.19% | 195M | |
| +32.63% | 89.89B | |
| +17.36% | 73.81B | |
| -.--% | 27.95B | |
| +46.92% | 10.26B | |
| +22.77% | 9.32B | |
| +15.07% | 9.16B | |
| -1.00% | 7.22B | |
| +33.71% | 6.38B | |
| -47.49% | 5.13B |
- Stock Market
- Equities
- 1091 Stock
- Financials South Manganese Investment Limited