Financials K & P International Holdings Limited

Equities

675

BMG5313X1011

Electrical Components & Equipment

Delayed Hong Kong S.E. 01:38:20 14/05/2024 pm IST 5-day change 1st Jan Change
0.52 HKD +4.00% Intraday chart for K & P International Holdings Limited +5.05% +30.00%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 152.2 129.5 173.6 229.6 146.9 106.8
Enterprise Value (EV) 1 139.8 87.88 77.57 126.7 59.28 10.7
P/E ratio 124 x 7.77 x 2.59 x 3.63 x -292 x -4.09 x
Yield - 6.19% 15.4% 14% 14.5% 25%
Capitalization / Revenue 0.33 x 0.38 x 0.51 x 0.55 x 0.54 x 0.57 x
EV / Revenue 0.3 x 0.26 x 0.23 x 0.3 x 0.22 x 0.06 x
EV / EBITDA 7.5 x 3.49 x 1.41 x 2.01 x 2.67 x -1.93 x
EV / FCF 205 x 3.81 x 2.59 x -44.5 x 1.51 x 0.22 x
FCF Yield 0.49% 26.2% 38.6% -2.25% 66% 445%
Price to Book 0.56 x 0.45 x 0.5 x 0.58 x 0.42 x 0.36 x
Nbr of stocks (in thousands) 2,67,005 2,67,005 2,67,005 2,67,005 2,67,005 2,67,005
Reference price 2 0.5700 0.4850 0.6500 0.8600 0.5500 0.4000
Announcement Date 26/04/19 23/04/20 26/04/21 26/04/22 25/04/23 24/04/24
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 463.7 341.4 341.8 418.2 272.1 185.8
EBITDA 1 18.64 25.16 55.11 63.1 22.21 -5.536
EBIT 1 3.556 18.09 46.57 53.51 12.48 -14.37
Operating Margin 0.77% 5.3% 13.63% 12.79% 4.59% -7.73%
Earnings before Tax (EBT) 1 5.109 23.29 77.61 72.63 1.306 -26.57
Net income 1 1.225 16.66 66.91 63.3 -0.503 -26.1
Net margin 0.26% 4.88% 19.58% 15.14% -0.18% -14.05%
EPS 2 0.004586 0.0624 0.2506 0.2371 -0.001883 -0.0977
Free Cash Flow 1 0.681 23.05 29.93 -2.846 39.15 47.56
FCF margin 0.15% 6.75% 8.76% -0.68% 14.39% 25.6%
FCF Conversion (EBITDA) 3.65% 91.61% 54.32% - 176.3% -
FCF Conversion (Net income) 55.61% 138.36% 44.74% - - -
Dividend per Share - 0.0300 0.1000 0.1200 0.0800 0.1000
Announcement Date 26/04/19 23/04/20 26/04/21 26/04/22 25/04/23 24/04/24
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 12.4 41.6 96 103 87.6 96.1
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 0.68 23 29.9 -2.85 39.2 47.6
ROE (net income / shareholders' equity) 0.45% 6.27% 21% 17% -0.14% -8.03%
ROA (Net income/ Total Assets) 0.52% 2.74% 6.56% 6.57% 1.61% -2.19%
Assets 1 235.5 609.1 1,021 963.2 -31.21 1,192
Book Value Per Share 2 1.020 1.070 1.310 1.480 1.310 1.120
Cash Flow per Share 2 0.1600 0.1900 0.3200 0.3500 0.3400 0.3800
Capex 1 3.61 6.36 2.55 4.03 1.23 4.56
Capex / Sales 0.78% 1.86% 0.75% 0.96% 0.45% 2.45%
Announcement Date 26/04/19 23/04/20 26/04/21 26/04/22 25/04/23 24/04/24
1HKD in Million2HKD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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