Financials Grand Field Group Holdings Limited

Equities

115

BMG4054H3005

Real Estate Development & Operations

Market Closed - Hong Kong S.E. 01:38:34 21/06/2024 pm IST 5-day change 1st Jan Change
2.9 HKD +5.07% Intraday chart for Grand Field Group Holdings Limited +16.00% +45.00%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 308.6 249.9 220.5 169 69.81 24.5
Enterprise Value (EV) 1 1,193 849.5 952.1 894.7 783.7 718.3
P/E ratio 1.52 x -2.47 x 7.67 x -0.75 x -0.18 x -0.52 x
Yield - - - - - -
Capitalization / Revenue 4.54 x 70.5 x 0.19 x 0.31 x 0.5 x 0.09 x
EV / Revenue 17.5 x 240 x 0.83 x 1.65 x 5.63 x 2.72 x
EV / EBITDA -85 x -18.2 x 2.18 x -9.93 x -5.03 x 65.3 x
EV / FCF -4.31 x 1.35 x 19 x -1.41 x 15.4 x 16.7 x
FCF Yield -23.2% 74.1% 5.26% -71.2% 6.48% 5.98%
Price to Book 0.25 x 0.22 x 0.18 x 0.16 x 0.12 x 0.05 x
Nbr of stocks (in thousands) 12,248 12,248 12,248 12,248 12,248 12,248
Reference price 2 25.20 20.40 18.00 13.80 5.700 2.000
Announcement Date 26/04/19 28/04/20 28/04/21 28/04/22 26/04/23 26/04/24
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 68.02 3.542 1,141 543.3 139.3 264.5
EBITDA 1 -14.04 -46.77 436.2 -90.06 -155.9 10.99
EBIT 1 -15.42 -48.69 433.9 -97.72 -170.1 -2.573
Operating Margin -22.67% -1,374.53% 38.02% -17.99% -122.13% -0.97%
Earnings before Tax (EBT) 1 476.6 -218.1 272.9 -416.4 -683.9 -14.64
Net income 1 193.3 -101.2 34.68 -224.3 -392.6 -47.03
Net margin 284.12% -2,857.68% 3.04% -41.28% -281.9% -17.78%
EPS 2 16.56 -8.264 2.345 -18.32 -32.06 -3.840
Free Cash Flow 1 -276.7 629.9 50.04 -636.8 50.82 42.97
FCF margin -406.75% 17,783.38% 4.38% -117.21% 36.49% 16.25%
FCF Conversion (EBITDA) - - 11.47% - - 390.88%
FCF Conversion (Net income) - - 144.27% - - -
Dividend per Share - - - - - -
Announcement Date 26/04/19 28/04/20 28/04/21 28/04/22 26/04/23 26/04/24
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 884 600 732 726 714 694
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) -62.98 x -12.82 x 1.677 x -8.058 x -4.58 x 63.11 x
Free Cash Flow 1 -277 630 50 -637 50.8 43
ROE (net income / shareholders' equity) 17.2% -7.69% 4.15% -17.5% -36.5% -6.07%
ROA (Net income/ Total Assets) -0.28% -0.7% 6.12% -1.52% -3.24% -0.06%
Assets 1 -67,880 14,543 566.9 14,748 12,135 79,840
Book Value Per Share 2 101.0 92.40 101.0 85.00 46.50 41.40
Cash Flow per Share 2 10.40 13.40 4.950 4.210 2.080 3.340
Capex 1 2.54 1.79 5.03 0.54 1.02 1.43
Capex / Sales 3.73% 50.48% 0.44% 0.1% 0.73% 0.54%
Announcement Date 26/04/19 28/04/20 28/04/21 28/04/22 26/04/23 26/04/24
1HKD in Million2HKD
Estimates
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