Financials Chin Hin Group

Equities

CHINHIN

MYL5273OO007

Construction Supplies & Fixtures

End-of-day quote BURSA MALAYSIA 03:30:00 08/05/2024 am IST 5-day change 1st Jan Change
3.16 MYR -1.25% Intraday chart for Chin Hin Group +7.12% +79.04%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 399.8 396 784.5 2,309 5,715 6,246
Enterprise Value (EV) 1 865.5 854.9 1,148 3,012 6,459 7,107
P/E ratio 17.6 x 24 x 36.4 x 66.9 x 59 x 42.9 x
Yield 2.07% 2.75% 1.4% 0.38% 0.15% -
Capitalization / Revenue 0.36 x 0.37 x 0.81 x 2.01 x 3.51 x 3.04 x
EV / Revenue 0.78 x 0.81 x 1.18 x 2.62 x 3.96 x 3.45 x
EV / EBITDA 13.3 x 12.6 x 27.7 x 56.9 x 124 x 80.9 x
EV / FCF -11.1 x -18.4 x 25.6 x -40.3 x -57.7 x -13.8 x
FCF Yield -9.02% -5.43% 3.91% -2.48% -1.73% -7.23%
Price to Book 0.96 x 0.94 x 1.74 x 4.47 x 10.1 x 8.19 x
Nbr of stocks (in thousands) 33,08,704 33,00,408 33,38,328 35,38,827 35,38,827 35,38,827
Reference price 2 0.1208 0.1200 0.2350 0.6525 1.615 1.765
Announcement Date 30/04/19 16/06/20 30/04/21 29/04/22 28/04/23 30/04/24
1MYR in Million2MYR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,105 1,056 968.8 1,150 1,630 2,057
EBITDA 1 64.95 67.99 41.51 52.93 51.92 87.83
EBIT 1 42.91 41.29 13.25 24.37 22.67 59.6
Operating Margin 3.88% 3.91% 1.37% 2.12% 1.39% 2.9%
Earnings before Tax (EBT) 1 33.75 22.92 25.11 41.74 116.6 189.3
Net income 1 22.95 18.05 21.26 30.7 96.83 145.7
Net margin 2.08% 1.71% 2.19% 2.67% 5.94% 7.08%
EPS 2 0.006873 0.005000 0.006453 0.009758 0.0274 0.0412
Free Cash Flow 1 -78.04 -46.39 44.84 -74.76 -112 -514.1
FCF margin -7.06% -4.39% 4.63% -6.5% -6.87% -24.99%
FCF Conversion (EBITDA) - - 108.03% - - -
FCF Conversion (Net income) - - 210.93% - - -
Dividend per Share 2 0.002500 0.003300 0.003300 0.002500 0.002500 -
Announcement Date 30/04/19 16/06/20 30/04/21 29/04/22 28/04/23 30/04/24
1MYR in Million2MYR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 466 459 363 703 744 861
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 7.17 x 6.749 x 8.754 x 13.27 x 14.33 x 9.801 x
Free Cash Flow 1 -78 -46.4 44.8 -74.8 -112 -514
ROE (net income / shareholders' equity) 5.89% 3.64% 3.9% 5.81% 15.6% 17%
ROA (Net income/ Total Assets) 2.52% 2.22% 0.74% 1.07% 0.74% 1.43%
Assets 1 909.2 814.3 2,878 2,872 13,088 10,206
Book Value Per Share 2 0.1300 0.1300 0.1300 0.1500 0.1600 0.2200
Cash Flow per Share 2 0.0200 0.0200 0.0200 0.0300 0.0400 0.0400
Capex 1 56.1 45.8 12.5 13.2 18.7 28.2
Capex / Sales 5.08% 4.34% 1.29% 1.15% 1.15% 1.37%
Announcement Date 30/04/19 16/06/20 30/04/21 29/04/22 28/04/23 30/04/24
1MYR in Million2MYR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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