Financials HK Asia Holdings Limited

Equities

1723

KYG451571072

Integrated Telecommunications Services

Market Closed - Hong Kong S.E. 01:38:20 26/04/2024 pm IST 5-day change 1st Jan Change
0.3 HKD 0.00% Intraday chart for HK Asia Holdings Limited -1.64% +45.63%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023
Capitalization 1 1,488 1,432 1,376 132 72
Enterprise Value (EV) 1 1,397 1,330 1,361 68.32 -25.91
P/E ratio 83.8 x 53.9 x 128 x 6.78 x 18.3 x
Yield - - - - -
Capitalization / Revenue 7.63 x 7.16 x 10.1 x 0.72 x 0.35 x
EV / Revenue 7.16 x 6.65 x 10 x 0.37 x -0.13 x
EV / EBITDA 40.7 x 40.5 x 126 x 2.82 x -6.54 x
EV / FCF 2,692 x 25.2 x -16.2 x 1.51 x -0.68 x
FCF Yield 0.04% 3.96% -6.19% 66.3% -147%
Price to Book 9.99 x 10.6 x 9.41 x 0.8 x 0.42 x
Nbr of stocks (in thousands) 4,00,000 4,00,000 4,00,000 4,00,000 4,00,000
Reference price 2 3.720 3.580 3.440 0.3300 0.1800
Announcement Date 26/07/19 27/07/20 30/07/21 28/07/22 27/07/23
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 193.2 195 200 136 183 204.6
EBITDA 1 25.49 34.31 32.86 10.83 24.26 3.959
EBIT 1 25.01 33.67 32.24 10.24 23.55 3.349
Operating Margin 12.94% 17.27% 16.12% 7.53% 12.87% 1.64%
Earnings before Tax (EBT) 1 25.01 21.32 31.79 12.42 23.3 4.45
Net income 1 19.39 15.95 26.58 10.76 19.46 3.94
Net margin 10.04% 8.18% 13.29% 7.91% 10.63% 1.93%
EPS 2 0.0612 0.0444 0.0664 0.0269 0.0486 0.009850
Free Cash Flow 1 48.59 0.5188 52.71 -84.25 45.26 38
FCF margin 25.14% 0.27% 26.36% -61.95% 24.73% 18.58%
FCF Conversion (EBITDA) 190.6% 1.51% 160.41% - 186.58% 959.92%
FCF Conversion (Net income) 250.54% 3.25% 198.34% - 232.62% 964.55%
Dividend per Share - - - - - -
Announcement Date 11/09/18 26/07/19 27/07/20 30/07/21 28/07/22 27/07/23
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 32.6 91.4 102 14.6 63.7 97.9
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 48.6 0.52 52.7 -84.2 45.3 38
ROE (net income / shareholders' equity) 28.2% 15% 18.7% 7.63% 12.5% 2.35%
ROA (Net income/ Total Assets) 20.1% 18.4% 11.9% 3.47% 8.22% 1.18%
Assets 1 96.34 86.75 223.9 309.7 236.6 333.6
Book Value Per Share 2 0.2000 0.3700 0.3400 0.3700 0.4100 0.4200
Cash Flow per Share 2 0.0900 0.2200 0.2600 0.0900 0.1600 0.2400
Capex 1 1.5 0.7 0.16 0.59 0.68 0.93
Capex / Sales 0.78% 0.36% 0.08% 0.44% 0.37% 0.46%
Announcement Date 11/09/18 26/07/19 27/07/20 30/07/21 28/07/22 27/07/23
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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