Financials Hotung Investment Holdings Limited

Equities

BLS

BMG4612P2085

Investment Management & Fund Operators

Market Closed - Singapore S.E. 01:32:18 29/04/2024 pm IST 5-day change 1st Jan Change
1.56 SGD 0.00% Intraday chart for Hotung Investment Holdings Limited +2.63% +1.30%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 3,546 3,941 3,458 4,203 3,660 3,402
Enterprise Value (EV) 1 2,325 2,852 2,388 1,874 2,031 1,547
P/E ratio 13.1 x 12.8 x 6.64 x 6.77 x 74.2 x 35.2 x
Yield 7.6% 6.25% 11.2% 11.3% 6.61% 7.11%
Capitalization / Revenue 8 x 7.91 x 3.43 x 4.11 x 14.8 x 10.4 x
EV / Revenue 5.24 x 5.73 x 2.37 x 1.83 x 8.24 x 4.75 x
EV / EBITDA 7.55 x 8.02 x 2.89 x 2.21 x 19.4 x 7.79 x
EV / FCF 25.5 x 12.2 x 3.99 x 3.37 x 209 x 14 x
FCF Yield 3.93% 8.19% 25.1% 29.7% 0.48% 7.16%
Price to Book 0.58 x 0.65 x 0.56 x 0.66 x 0.59 x 0.56 x
Nbr of stocks (in thousands) 96,286 96,286 96,112 95,173 94,879 94,879
Reference price 2 36.82 40.93 35.98 44.16 38.58 35.85
Announcement Date 09/04/19 09/04/20 01/04/21 01/04/22 31/03/23 08/04/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 443.4 498.1 1,010 1,024 246.5 325.6
EBITDA 1 308 355.5 825.1 848.5 104.4 198.5
EBIT 1 307.6 355.1 824.7 848.2 104.2 198.3
Operating Margin 69.38% 71.29% 81.69% 82.86% 42.27% 60.91%
Earnings before Tax (EBT) 1 307.6 354.9 824.6 848.1 104.1 198.2
Net income 1 270.8 307.6 521.5 624.2 49.4 96.8
Net margin 61.07% 61.75% 51.65% 60.98% 20.04% 29.72%
EPS 2 2.810 3.190 5.416 6.518 0.5200 1.020
Free Cash Flow 1 91.27 233.7 598.4 556.7 9.735 110.8
FCF margin 20.58% 46.92% 59.27% 54.38% 3.95% 34.01%
FCF Conversion (EBITDA) 29.63% 65.74% 72.52% 65.61% 9.32% 55.79%
FCF Conversion (Net income) 33.7% 75.98% 114.74% 89.19% 19.71% 114.43%
Dividend per Share 2 2.800 2.558 4.025 5.000 2.550 2.550
Announcement Date 09/04/19 09/04/20 01/04/21 01/04/22 31/03/23 08/04/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 1,221 1,089 1,070 2,329 1,630 1,855
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 91.3 234 598 557 9.74 111
ROE (net income / shareholders' equity) 4.71% 5.35% 9.06% 10.7% 1.19% 1.83%
ROA (Net income/ Total Assets) 3.01% 3.5% 7.89% 7.85% 0.98% 1.9%
Assets 1 9,012 8,799 6,611 7,955 5,060 5,082
Book Value Per Share 2 63.80 63.40 64.60 66.40 65.20 63.70
Cash Flow per Share 2 11.80 11.20 10.70 23.90 16.50 19.20
Capex - 1.2 - - - -
Capex / Sales - 0.24% - - - -
Announcement Date 09/04/19 09/04/20 01/04/21 01/04/22 31/03/23 08/04/24
1TWD in Million2TWD
Estimates
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