Financials Pinestone Capital Limited

Equities

804

KYG7110K1186

Investment Banking & Brokerage Services

Market Closed - Hong Kong S.E. 01:38:07 05/06/2024 pm IST 5-day change 1st Jan Change
0.31 HKD +6.90% Intraday chart for Pinestone Capital Limited +21.57% +76.14%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 682.5 690.5 108.3 252.7 93.4 71.47
Enterprise Value (EV) 1 654.9 658.9 38.99 207 61.72 45.7
P/E ratio -227 x 98.9 x -5.76 x -51.2 x -1.97 x -2.49 x
Yield - 0.68% - - - -
Capitalization / Revenue 36.3 x 26.8 x 3.42 x 12.9 x -17.6 x 17.2 x
EV / Revenue 34.8 x 25.6 x 1.23 x 10.6 x -11.6 x 11 x
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 2.52 x 2.86 x 0.55 x 1.32 x 0.57 x 0.42 x
Nbr of stocks (in thousands) 2,45,500 2,34,875 2,25,595 2,25,595 2,70,713 4,06,070
Reference price 2 2.780 2.940 0.4800 1.120 0.3450 0.1760
Announcement Date 01/04/19 14/04/20 29/04/21 29/04/22 28/04/23 30/04/24
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 18.81 25.74 31.69 19.6 -5.302 4.153
EBITDA - - - - - -
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) 1 -2.791 9.622 -19.31 -5.106 -48.34 -23.49
Net income 1 -3.005 7.231 -18.83 -4.933 -41.47 -24.39
Net margin -15.98% 28.09% -59.41% -25.17% 782.16% -587.24%
EPS 2 -0.0122 0.0297 -0.0833 -0.0219 -0.1752 -0.0708
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - 0.0200 - - - -
Announcement Date 01/04/19 14/04/20 29/04/21 29/04/22 28/04/23 30/04/24
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 27.6 31.6 69.3 45.7 31.7 25.8
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) -1.1% 2.82% -8.6% -2.54% -23.3% -14.6%
ROA (Net income/ Total Assets) -1.04% 2.72% -7.81% -2.31% -22.5% -14.1%
Assets 1 288.1 266.1 241.1 213.8 184.6 173
Book Value Per Share 2 1.110 1.030 0.8700 0.8500 0.6100 0.4200
Cash Flow per Share 2 0.0900 0.1200 0.3000 0.2000 0.1100 0.0600
Capex 1 0.03 - 0.05 0.56 - -
Capex / Sales 0.16% - 0.16% 2.85% - -
Announcement Date 01/04/19 14/04/20 29/04/21 29/04/22 28/04/23 30/04/24
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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