Financials Heng Hup Holdings Limited

Equities

1891

KYG4505A1022

Environmental Services & Equipment

Market Closed - Hong Kong S.E. 01:38:22 10/05/2024 pm IST 5-day change 1st Jan Change
0.133 HKD +13.68% Intraday chart for Heng Hup Holdings Limited +14.66% -33.17%

Valuation

Fiscal Period: December 2019 2020 2021 2022
Capitalization 1 96.58 90.74 127.1 134.7
Enterprise Value (EV) 1 65.8 86.07 132.6 160.6
P/E ratio 13.8 x 10.8 x 4.99 x 56.6 x
Yield - 3.14% 3.36% -
Capitalization / Revenue 0.1 x 0.1 x 0.09 x 0.1 x
EV / Revenue 0.07 x 0.1 x 0.09 x 0.11 x
EV / EBITDA 4.35 x 5.03 x 3.23 x 13.5 x
EV / FCF -4.52 x -4.28 x -17.4 x 10.8 x
FCF Yield -22.1% -23.4% -5.76% 9.29%
Price to Book 0.55 x 0.49 x 0.61 x 0.66 x
Nbr of stocks (in thousands) 10,00,000 10,00,000 10,00,000 10,00,000
Reference price 2 0.0966 0.0907 0.1271 0.1347
Announcement Date 29/04/20 29/04/21 26/04/22 27/04/23
1MYR in Million2MYR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 739.4 894.4 990.6 868.3 1,418 1,405
EBITDA 1 32.93 25.39 15.13 17.1 41.08 11.92
EBIT 1 30.62 23.03 12.65 13.98 37.06 6.616
Operating Margin 4.14% 2.58% 1.28% 1.61% 2.61% 0.47%
Earnings before Tax (EBT) 1 30.96 32.27 11.89 12.68 35.55 4.275
Net income 1 22.84 24.62 6.672 8.392 25.48 2.381
Net margin 3.09% 2.75% 0.67% 0.97% 1.8% 0.17%
EPS - - 0.007000 0.008392 0.0255 0.002381
Free Cash Flow 1 3.901 2.437 -14.55 -20.13 -7.64 14.92
FCF margin 0.53% 0.27% -1.47% -2.32% -0.54% 1.06%
FCF Conversion (EBITDA) 11.85% 9.6% - - - 125.21%
FCF Conversion (Net income) 17.08% 9.9% - - - 626.81%
Dividend per Share - - - 0.002851 0.004275 -
Announcement Date 27/02/19 29/04/19 29/04/20 29/04/21 26/04/22 27/04/23
1MYR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 34.3 0.88 - - 5.46 26
Net Cash position 1 - - 30.8 4.68 - -
Leverage (Debt/EBITDA) 1.042 x 0.0345 x - - 0.1329 x 2.178 x
Free Cash Flow 1 3.9 2.44 -14.5 -20.1 -7.64 14.9
ROE (net income / shareholders' equity) 39.3% 26.2% 4.55% 4.66% 13% 0.72%
ROA (Net income/ Total Assets) 13.3% 9.15% 4.44% 4.07% 9.11% 1.48%
Assets 1 171.4 269.1 150.3 206.3 279.9 160.8
Book Value Per Share - - 0.1800 0.1800 0.2100 0.2000
Cash Flow per Share - - 0.0300 0.0300 0.0300 0.0300
Capex 1 0.98 2.67 3.66 4.96 3.86 7.75
Capex / Sales 0.13% 0.3% 0.37% 0.57% 0.27% 0.55%
Announcement Date 27/02/19 29/04/19 29/04/20 29/04/21 26/04/22 27/04/23
1MYR in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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