COLOUR LIFE SERVICES GROUP CO., LIMITED

Financials Colour Life Services Group Co., Limited

Equities

1778

KYG229151058

Real Estate Services

Delayed Hong Kong S.E. Other stock markets 08:09:29 10/05/2024 am IST			5-day change	1st Jan Change
0.187 ^HKD	+1.63%		+5.06%	-36.61%

28/03	Colour Life Services Group Co., Limited Reports Earnings Results for the Full Year Ended December 31, 2023	CI
15/03	Colour Life Services Group Co., Limited Appoints Yu Shan as an Independent Non-Executive Director, a Member of Each of the Remuneration Committee, Audit Committee and Nomination Committee	CI

Valuation

Fiscal Period: December	2018	2019	2020	2021	2022	2023
Capitalization ¹	4,888	5,467	4,261	1,139	746.8	398.8
Enterprise Value (EV) ¹	5,890	6,097	4,359	742.4	1.119	-521.3
P/E ratio	9.71 x	10.5 x	8.39 x	64.5 x	23.8 x	17.3 x
Yield	4.19%	2.37%	2.98%	-	-	-
Capitalization / Revenue	1.35 x	1.42 x	1.18 x	0.36 x	0.57 x	0.26 x
EV / Revenue	1.63 x	1.59 x	1.21 x	0.24 x	0 x	-0.34 x
EV / EBITDA	5.25 x	5.35 x	4.3 x	1.24 x	0.01 x	-2.85 x
EV / FCF	7.62 x	17.5 x	12.8 x	-0.58 x	0 x	-3.52 x
FCF Yield	13.1%	5.72%	7.83%	-174%	28,035%	-28.4%
Price to Book	1.56 x	1.41 x	0.98 x	0.27 x	0.18 x	0.09 x
Nbr of stocks (in thousands)	13,28,638	14,22,745	14,54,867	14,87,526	14,87,526	14,87,526
Reference price ²	3.679	3.843	2.929	0.7659	0.5020	0.2681
Announcement Date	08/04/19	17/04/20	21/04/21	10/08/23	10/08/23	29/04/24

¹CNY in Million²CNY

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2018	2019	2020	2021	2022	2023
Net sales ¹	3,614	3,845	3,596	3,123	1,311	1,523
EBITDA ¹	1,121	1,140	1,013	601.1	154.2	182.8
EBIT ¹	915	945.8	827.3	417.1	126.4	165.1
Operating Margin	25.32%	24.6%	23%	13.35%	9.64%	10.84%
Earnings before Tax (EBT) ¹	669.9	716.2	700.7	53.86	67.06	52.61
Net income ¹	485	498.6	501.7	17.66	31.36	23.01
Net margin	13.42%	12.97%	13.95%	0.57%	2.39%	1.51%
EPS ²	0.3789	0.3648	0.3490	0.0119	0.0211	0.0155
Free Cash Flow ¹	772.5	348.6	341.3	-1,290	313.7	148.2
FCF margin	21.38%	9.07%	9.49%	-41.29%	23.93%	9.73%
FCF Conversion (EBITDA)	68.9%	30.57%	33.69%	-	203.43%	81.07%
FCF Conversion (Net income)	159.26%	69.92%	68.04%	-	1,000.51%	644.13%
Dividend per Share ²	0.1540	0.0912	0.0873	-	-	-
Announcement Date	08/04/19	17/04/20	21/04/21	10/08/23	10/08/23	29/04/24

¹CNY in Million²CNY

Estimates

Balance Sheet Analysis

Fiscal Period: December	2018	2019	2020	2021	2022	2023
Net Debt ¹	1,002	630	97.8	-	-	-
Net Cash position ¹	-	-	-	397	746	920
Leverage (Debt/EBITDA)	0.8935 x	0.5525 x	0.0965 x	-	-	-
Free Cash Flow ¹	772	349	341	-1,290	314	148
ROE (net income / shareholders' equity)	15.3%	14.7%	12.6%	0.42%	1.1%	0.74%
ROA (Net income/ Total Assets)	6.06%	6.08%	5.26%	3.25%	1.37%	1.77%
Assets ¹	8,005	8,199	9,545	543.2	2,297	1,302
Book Value Per Share ²	2.360	2.720	2.990	2.840	2.860	2.870
Cash Flow per Share ²	2.010	1.210	1.690	0.4000	0.5100	0.6400
Capex ¹	65.6	26.6	30.3	126	20.6	29.6
Capex / Sales	1.81%	0.69%	0.84%	4.03%	1.57%	1.95%
Announcement Date	08/04/19	17/04/20	21/04/21	10/08/23	10/08/23	29/04/24

¹CNY in Million²CNY

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sector Residential Real Estate Services

	1st Jan change	Capi.
COLOUR LIFE SERVICES GROUP CO., LIMITED	-36.61%	32.54M
CHINA RESOURCES MIXC LIFESTYLE SERVICES LIMITED	+2.33%	8.26B
ONEWO INC.	-3.61%	3.59B
COUNTRY GARDEN SERVICES HOLDINGS COMPANY LIMITED	-14.96%	2.34B
POLY PROPERTY SERVICES CO., LTD.	+11.81%	2.19B
GREENTOWN SERVICE GROUP CO. LTD.	+40.89%	1.57B
OPENDOOR TECHNOLOGIES INC.	-48.66%	1.47B
RELO GROUP, INC.	-5.59%	1.36B
KATITAS CO., LTD.	-13.70%	970M
REDFIN CORPORATION	-31.49%	747M

Residential Real Estate Services

Stock Market
Equities
1778 Stock
Financials Colour Life Services Group Co., Limited

-40% Limited Time Offer: Our subscriptions help you unlock hidden opportunities.

SIGN UP NOW