Financials Tianda Pharmaceuticals Limited

Equities

455

KYG887471038

Pharmaceuticals

Market Closed - Hong Kong S.E. 04:08:05 2024-05-31 am EDT 5-day change 1st Jan Change
0.23 HKD -8.00% Intraday chart for Tianda Pharmaceuticals Limited -4.96% +5.50%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 468.7 369.8 296.7 688 870.8 468.7
Enterprise Value (EV) 1 -28.93 -78.38 8.636 595.6 646.6 411.4
P/E ratio 46.9 x 139 x 94.5 x -25.4 x -15.9 x -19.4 x
Yield 1.61% 0.64% 0.94% 0.81% 0.86% 1.19%
Capitalization / Revenue 1.3 x 0.7 x 0.6 x 1.45 x 1.59 x 0.88 x
EV / Revenue -0.08 x -0.15 x 0.02 x 1.26 x 1.18 x 0.77 x
EV / EBITDA -0.78 x -3.09 x 0.38 x -28.6 x -23.2 x -432 x
EV / FCF -0.5 x 0.67 x -0.07 x -3.23 x 6.34 x -3.66 x
FCF Yield -201% 150% -1,430% -31% 15.8% -27.3%
Price to Book 0.55 x 0.48 x 0.41 x 0.91 x 1.39 x 0.79 x
Nbr of stocks (in thousands) 2,150,042 2,150,042 2,150,042 2,150,042 2,150,042 2,150,042
Reference price 2 0.2180 0.1720 0.1380 0.3200 0.4050 0.2180
Announcement Date 7/26/18 7/25/19 7/28/20 7/23/21 4/28/23 4/25/24
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 361.6 527 491.5 474.3 546.7 532.1
EBITDA 1 37.02 25.4 22.94 -20.84 -27.88 -0.953
EBIT 1 14.97 9.232 9.471 -34.36 -70.14 -29.02
Operating Margin 4.14% 1.75% 1.93% -7.24% -12.83% -5.45%
Earnings before Tax (EBT) 1 29.94 26.17 15.93 -27.44 -63.85 -25.69
Net income 1 10.01 2.657 3.143 -27.14 -54.64 -24.16
Net margin 2.77% 0.5% 0.64% -5.72% -9.99% -4.54%
EPS 2 0.004653 0.001235 0.001461 -0.0126 -0.0254 -0.0112
Free Cash Flow 1 58.28 -117.6 -123.5 -184.5 101.9 -112.4
FCF margin 16.12% -22.31% -25.12% -38.9% 18.64% -21.13%
FCF Conversion (EBITDA) 157.46% - - - - -
FCF Conversion (Net income) 582.38% - - - - -
Dividend per Share 2 0.003500 0.001100 0.001300 0.002600 0.003467 0.002600
Announcement Date 7/26/18 7/25/19 7/28/20 7/23/21 4/28/23 4/25/24
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 498 448 288 92.4 224 57.3
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 58.3 -118 -123 -184 102 -112
ROE (net income / shareholders' equity) 2.61% 1.88% 1.12% -3.34% -2.74% -4.01%
ROA (Net income/ Total Assets) 0.96% 0.57% 0.61% -2.08% -2.4% -1.81%
Assets 1 1,042 470.2 512.4 1,306 2,277 1,335
Book Value Per Share 2 0.3900 0.3600 0.3400 0.3500 0.2900 0.2800
Cash Flow per Share 2 0.2300 0.1800 0.1400 0.1100 0.1600 0.0800
Capex 1 8.63 33.6 93.9 146 33.3 49.3
Capex / Sales 2.39% 6.38% 19.11% 30.71% 6.09% 9.26%
Announcement Date 7/26/18 7/25/19 7/28/20 7/23/21 4/28/23 4/25/24
1HKD in Million2HKD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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