Financials Sky Blue 11 Company Limited

Equities

1010

BMG6866U1062

Airport Services

Market Closed - Hong Kong S.E. 01:38:42 28/06/2024 pm IST 5-day change 1st Jan Change
0.34 HKD +1.49% Intraday chart for Sky Blue 11 Company Limited +3.03% -50.72%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 690 393.8 499.8 2,110 377.7 255.5
Enterprise Value (EV) 1 656.8 397.8 472.7 2,217 506.7 188.6
P/E ratio -17.2 x -18.7 x -85.4 x -40 x -169 x -5.5 x
Yield - - - - - -
Capitalization / Revenue 11.4 x 5.3 x 5.4 x 20 x 2.09 x 2.24 x
EV / Revenue 10.8 x 5.35 x 5.1 x 21 x 2.8 x 1.65 x
EV / EBITDA -18.5 x -15.6 x -30 x -72.6 x 60.8 x -4.46 x
EV / FCF -20.1 x -48.6 x 9.54 x -15.5 x -62.2 x -22 x
FCF Yield -4.97% -2.06% 10.5% -6.45% -1.61% -4.56%
Price to Book 5.83 x 4.08 x 4.66 x 33.7 x 8.01 x -85.8 x
Nbr of stocks (in thousands) 3,36,587 3,36,587 3,70,245 3,70,245 3,70,245 3,70,245
Reference price 2 2.050 1.170 1.350 5.700 1.020 0.6900
Announcement Date 25/04/19 14/05/20 29/04/21 28/04/22 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 60.71 74.34 92.65 105.6 181.1 114
EBITDA 1 -35.44 -25.52 -15.76 -30.52 8.33 -42.25
EBIT 1 -36.34 -26.68 -16.7 -31.45 7.307 -42.76
Operating Margin -59.86% -35.89% -18.02% -29.78% 4.04% -37.52%
Earnings before Tax (EBT) 1 -40.17 -22.35 -4.82 -52.55 3.406 -44.25
Net income 1 -40.19 -21.06 -5.495 -52.84 -2.236 -46.45
Net margin -66.2% -28.34% -5.93% -50.03% -1.23% -40.75%
EPS 2 -0.1194 -0.0626 -0.0158 -0.1426 -0.006036 -0.1254
Free Cash Flow 1 -32.66 -8.181 49.55 -143.1 -8.15 -8.592
FCF margin -53.8% -11% 53.48% -135.45% -4.5% -7.54%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 25/04/19 14/05/20 29/04/21 28/04/22 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 - 4.01 - 107 129 -
Net Cash position 1 33.2 - 27.1 - - 66.9
Leverage (Debt/EBITDA) - -0.1571 x - -3.491 x 15.49 x -
Free Cash Flow 1 -32.7 -8.18 49.5 -143 -8.15 -8.59
ROE (net income / shareholders' equity) -28.8% -21.2% -5.47% -62.2% -4.08% -210%
ROA (Net income/ Total Assets) -15.8% -11.6% -6.47% -8.69% 1.21% -6.49%
Assets 1 254 181.8 84.88 608.3 -185.3 715.7
Book Value Per Share 2 0.3500 0.2900 0.2900 0.1700 0.1300 -0.0100
Cash Flow per Share 2 0.0800 0.0300 0.0800 0.2300 0.2800 0.1900
Capex 1 2.96 0.84 0.01 1.8 0.03 0.01
Capex / Sales 4.87% 1.13% 0.02% 1.7% 0.01% 0%
Announcement Date 25/04/19 14/05/20 29/04/21 28/04/22 28/04/23 30/04/24
1HKD in Million2HKD
Estimates
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