Financials Asiasec Properties Limited

Equities

271

HK0271007608

Real Estate Development & Operations

Market Closed - Hong Kong S.E. 01:38:22 29/04/2024 pm IST 5-day change 1st Jan Change
0.194 HKD +2.65% Intraday chart for Asiasec Properties Limited +14.12% +3.19%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 2,271 4,257 1,775 1,402 732 421.8
Enterprise Value (EV) 1 1,824 4,066 1,575 1,154 569.3 239
P/E ratio 13.4 x 37.8 x 30.6 x -24.8 x -0.47 x -9.65 x
Yield 27.3% 2.92% 1.75% - - -
Capitalization / Revenue 14.3 x 37.1 x 27.3 x -78.9 x 19.6 x 10.7 x
EV / Revenue 11.5 x 35.4 x 24.3 x -64.9 x 15.2 x 6.09 x
EV / EBITDA 13.9 x 48.4 x 47.3 x -21.3 x 1,522 x 77.9 x
EV / FCF -8.16 x 40.6 x 9.57 x -13.3 x 6.93 x 34.6 x
FCF Yield -12.3% 2.46% 10.5% -7.5% 14.4% 2.89%
Price to Book 0.48 x 0.94 x 0.4 x 0.32 x 0.46 x 0.27 x
Nbr of stocks (in thousands) 12,41,055 12,41,055 12,41,055 12,40,669 12,40,669 12,40,669
Reference price 2 1.830 3.430 1.430 1.130 0.5900 0.3400
Announcement Date 17/04/18 09/04/19 09/04/20 14/04/21 20/04/22 19/04/23
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 159.1 114.8 64.91 -17.78 37.4 39.24
EBITDA 1 130.9 83.98 33.31 -54.26 0.374 3.07
EBIT 1 129 83.53 33.23 -54.36 0.202 2.872
Operating Margin 81.12% 72.79% 51.19% 305.76% 0.54% 7.32%
Earnings before Tax (EBT) 1 182.6 118.6 61.67 -53.79 -1,565 -44.29
Net income 1 169.2 112.7 58.01 -56.65 -1,563 -43.7
Net margin 106.36% 98.25% 89.37% 318.65% -4,178.95% -111.36%
EPS 2 0.1362 0.0908 0.0467 -0.0457 -1.260 -0.0352
Free Cash Flow 1 -223.6 100.1 164.6 -86.49 82.15 6.914
FCF margin -140.59% 87.24% 253.64% 486.48% 219.64% 17.62%
FCF Conversion (EBITDA) - 119.21% 494.24% - 21,965.84% 225.21%
FCF Conversion (Net income) - 88.8% 283.8% - - -
Dividend per Share 2 0.5000 0.1000 0.0250 - - -
Announcement Date 17/04/18 09/04/19 09/04/20 14/04/21 20/04/22 19/04/23
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - - - -
Net Cash position 1 447 191 200 248 163 183
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -224 100 165 -86.5 82.2 6.91
ROE (net income / shareholders' equity) 3.45% 2.45% 1.3% -1.29% -52.5% -2.77%
ROA (Net income/ Total Assets) 1.57% 1.09% 0.44% -0.74% 0% 0.1%
Assets 1 10,803 10,377 13,096 7,674 -4,00,78,256 -43,013
Book Value Per Share 2 3.790 3.630 3.570 3.500 1.290 1.250
Cash Flow per Share 2 0.3600 0.1600 0.1700 0.1500 0.1000 0.1200
Capex - - - - - -
Capex / Sales - - - - - -
Announcement Date 17/04/18 09/04/19 09/04/20 14/04/21 20/04/22 19/04/23
1HKD in Million2HKD
Estimates
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