Financials Man Yue Technology Holdings Limited

Equities

894

BMG5803Y1066

Electronic Equipment & Parts

Delayed Hong Kong S.E. 08:52:55 09/05/2024 am IST 5-day change 1st Jan Change
0.435 HKD +1.16% Intraday chart for Man Yue Technology Holdings Limited +38.10% +22.54%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 313.9 223.5 299.6 551.6 285.3 168.8
Enterprise Value (EV) 1 1,003 1,058 1,137 1,473 1,109 1,022
P/E ratio 7.29 x 7.08 x 12.5 x 7.21 x 6.68 x 41.4 x
Yield - - - - - -
Capitalization / Revenue 0.23 x 0.17 x 0.19 x 0.26 x 0.15 x 0.11 x
EV / Revenue 0.74 x 0.82 x 0.71 x 0.7 x 0.6 x 0.69 x
EV / EBITDA 9.11 x 11.8 x 8.68 x 8.68 x 7.03 x 8.36 x
EV / FCF -17.4 x 90.4 x -41 x -14.2 x 5.25 x 14.4 x
FCF Yield -5.75% 1.11% -2.44% -7.02% 19.1% 6.96%
Price to Book 0.23 x 0.16 x 0.2 x 0.33 x 0.19 x 0.11 x
Nbr of stocks (in thousands) 4,75,548 4,75,548 4,75,548 4,75,548 4,75,548 4,75,548
Reference price 2 0.6600 0.4700 0.6300 1.160 0.6000 0.3550
Announcement Date 02/04/19 16/04/20 08/04/21 22/04/22 27/04/23 29/04/24
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,362 1,292 1,600 2,091 1,847 1,471
EBITDA 1 110.1 89.7 131 169.7 157.7 122.2
EBIT 1 53.93 33.3 72.46 104.6 97.02 67.35
Operating Margin 3.96% 2.58% 4.53% 5% 5.25% 4.58%
Earnings before Tax (EBT) 1 56.67 43.17 32.91 90.79 66.5 11.89
Net income 1 43.05 31.58 24.06 76.49 42.69 4.076
Net margin 3.16% 2.44% 1.5% 3.66% 2.31% 0.28%
EPS 2 0.0905 0.0664 0.0506 0.1609 0.0898 0.008571
Free Cash Flow 1 -57.69 11.7 -27.74 -103.4 211.4 71.06
FCF margin -4.24% 0.91% -1.73% -4.94% 11.45% 4.83%
FCF Conversion (EBITDA) - 13.04% - - 134.06% 58.14%
FCF Conversion (Net income) - 37.04% - - 495.24% 1,743.44%
Dividend per Share - - - - - -
Announcement Date 02/04/19 16/04/20 08/04/21 22/04/22 27/04/23 29/04/24
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 689 834 838 921 823 853
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 6.262 x 9.3 x 6.396 x 5.427 x 5.222 x 6.977 x
Free Cash Flow 1 -57.7 11.7 -27.7 -103 211 71.1
ROE (net income / shareholders' equity) 2.81% 1.88% 1.77% 4.57% 2.48% 0.06%
ROA (Net income/ Total Assets) 1.23% 0.74% 1.47% 1.95% 1.82% 1.32%
Assets 1 3,498 4,282 1,640 3,919 2,350 309.9
Book Value Per Share 2 2.900 2.860 3.170 3.470 3.100 3.190
Cash Flow per Share 2 0.4300 0.4700 0.5500 0.4500 0.6600 0.5300
Capex 1 77.5 50.8 76.8 97.5 77.9 42.7
Capex / Sales 5.69% 3.93% 4.8% 4.66% 4.22% 2.9%
Announcement Date 02/04/19 16/04/20 08/04/21 22/04/22 27/04/23 29/04/24
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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