Financials Pangaea Connectivity Technology Limited

Equities

1473

KYG6892G1055

Semiconductors

Market Closed - Hong Kong S.E. 01:38:17 17/05/2024 pm IST 5-day change 1st Jan Change
0.19 HKD +3.83% Intraday chart for Pangaea Connectivity Technology Limited -4.52% -28.30%

Valuation

Fiscal Period: March 2021 2022 2023
Capitalization 1 610 223 214
Enterprise Value (EV) 1 715.9 463.9 505.1
P/E ratio 9.45 x 59.7 x -6.82 x
Yield 2.13% - -
Capitalization / Revenue 0.39 x 0.18 x 0.18 x
EV / Revenue 0.46 x 0.38 x 0.42 x
EV / EBITDA 9.28 x 21.5 x -105 x
EV / FCF 4,61,42,135 x -47,60,115 x -1,54,62,293 x
FCF Yield 0% -0% -0%
Price to Book 2.27 x 0.81 x 0.86 x
Nbr of stocks (in thousands) 10,00,000 10,00,000 10,00,000
Reference price 2 0.6100 0.2230 0.2140
Announcement Date 16/07/21 14/07/22 21/07/23
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 843.1 871.3 970.9 1,549 1,224 1,199
EBITDA 1 44.84 51.59 57.45 77.16 21.55 -4.83
EBIT 1 43.66 49.72 54.75 74.33 18.28 -8.026
Operating Margin 5.18% 5.71% 5.64% 4.8% 1.49% -0.67%
Earnings before Tax (EBT) 1 40.66 34.62 43.2 63.68 10.3 -34.31
Net income 1 34.95 27.65 33.45 50.13 3.735 -31.4
Net margin 4.14% 3.17% 3.45% 3.24% 0.31% -2.62%
EPS - - - 0.0645 0.003735 -0.0314
Free Cash Flow - -23.64 29.6 15.52 -97.45 -32.66
FCF margin - -2.71% 3.05% 1% -7.96% -2.73%
FCF Conversion (EBITDA) - - 51.52% 20.11% - -
FCF Conversion (Net income) - - 88.49% 30.95% - -
Dividend per Share - - - 0.0130 - -
Announcement Date 29/01/21 29/01/21 29/01/21 16/07/21 14/07/22 21/07/23
1HKD in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 205 233 221 106 241 291
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 4.577 x 4.525 x 3.841 x 1.372 x 11.18 x -60.26 x
Free Cash Flow - -23.6 29.6 15.5 -97.4 -32.7
ROE (net income / shareholders' equity) - 28% 29% 25.7% 1.38% -12%
ROA (Net income/ Total Assets) - 6.77% 7.01% 7.57% 1.49% -0.66%
Assets 1 - 408.4 477.2 661.8 250.1 4,734
Book Value Per Share - - - 0.2700 0.2700 0.2500
Cash Flow per Share - - - 0.1500 0.1600 0.0600
Capex 1 2.96 5.31 2.31 1.34 4.5 8.57
Capex / Sales 0.35% 0.61% 0.24% 0.09% 0.37% 0.72%
Announcement Date 29/01/21 29/01/21 29/01/21 16/07/21 14/07/22 21/07/23
1HKD 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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