Financials Golden Faith Group Holdings Limited

Equities

2863

KYG395761060

Construction & Engineering

Market Closed - Hong Kong S.E. 01:38:05 31/05/2024 pm IST 5-day change 1st Jan Change
0.345 HKD -.--% Intraday chart for Golden Faith Group Holdings Limited +7.81% -.--%

Valuation

Fiscal Period: September 2018 2019 2020 2021 2022 2023
Capitalization 1 270 315.3 334.7 285.4 253 163.4
Enterprise Value (EV) 1 173.7 172 137.9 173.9 120.6 -13.18
P/E ratio 9.95 x 14.5 x 13 x 16.7 x 21.7 x -7.56 x
Yield - - - - - -
Capitalization / Revenue 0.72 x 0.83 x 1.32 x 1.12 x 0.73 x 0.24 x
EV / Revenue 0.46 x 0.45 x 0.55 x 0.68 x 0.35 x -0.02 x
EV / EBITDA 5.2 x 6.83 x 5.74 x 14.5 x 7.28 x 0.83 x
EV / FCF -3.07 x 4.32 x 1.94 x -1.78 x 11.3 x -2.27 x
FCF Yield -32.6% 23.2% 51.6% -56.1% 8.87% -44.1%
Price to Book 1.45 x 1.49 x 1.26 x 0.99 x 0.84 x 0.58 x
Nbr of stocks (in thousands) 5,40,000 5,43,621 6,43,621 6,56,191 6,65,701 6,66,801
Reference price 2 0.5000 0.5800 0.5200 0.4350 0.3800 0.2450
Announcement Date 31/12/18 30/12/19 05/01/21 30/12/21 12/01/23 26/01/24
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: September 2018 2019 2020 2021 2022 2023
Net sales 1 375 378.5 252.8 254.9 348.6 671.5
EBITDA 1 33.42 25.18 24.04 11.99 16.57 -15.85
EBIT 1 32.87 24.55 23.43 11.23 15.74 -16.71
Operating Margin 8.76% 6.49% 9.27% 4.41% 4.51% -2.49%
Earnings before Tax (EBT) 1 32.87 27.48 29.62 22.14 15.83 -16.12
Net income 1 27.12 21.91 23.15 17.25 11.59 -21.57
Net margin 7.23% 5.79% 9.16% 6.77% 3.32% -3.21%
EPS 2 0.0502 0.0400 0.0400 0.0261 0.0175 -0.0324
Free Cash Flow 1 -56.67 39.85 71.16 -97.51 10.7 5.81
FCF margin -15.11% 10.53% 28.15% -38.26% 3.07% 0.87%
FCF Conversion (EBITDA) - 158.3% 296.03% - 64.54% -
FCF Conversion (Net income) - 181.91% 307.4% - 92.28% -
Dividend per Share - - - - - -
Announcement Date 31/12/18 30/12/19 05/01/21 30/12/21 12/01/23 26/01/24
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: September 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 96.3 143 197 112 132 177
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -56.7 39.9 71.2 -97.5 10.7 5.81
ROE (net income / shareholders' equity) 15.7% 11% 9.82% 6.24% 4.6% -6.34%
ROA (Net income/ Total Assets) 9.03% 5.9% 4.87% 2.21% 2.85% -2.83%
Assets 1 300.3 371.5 475 781.5 406.7 761.6
Book Value Per Share 2 0.3500 0.3900 0.4100 0.4400 0.4500 0.4200
Cash Flow per Share 2 0.0900 0.2600 0.3100 0.1600 0.1900 0.2500
Capex 1 0.23 0.86 0.7 1.38 0.67 0.73
Capex / Sales 0.06% 0.23% 0.28% 0.54% 0.19% 0.11%
Announcement Date 31/12/18 30/12/19 05/01/21 30/12/21 12/01/23 26/01/24
1HKD in Million2HKD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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