Market Closed -
Hong Kong S.E.
01:38:42 28/06/2024 pm IST
|
5-day change
|
1st Jan Change
|
13.1
HKD
|
-1.95%
|
|
-4.80%
|
+5.65%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
39,734
|
94,886
|
28,796
|
23,896
|
10,934
|
12,064
|
-
|
-
|
Enterprise Value (EV)
1 |
38,252
|
92,899
|
27,223
|
23,896
|
8,524
|
9,500
|
9,113
|
8,614
|
P/E ratio
|
55.1
x
|
107
x
|
37.6
x
|
32.2
x
|
12.9
x
|
12.8
x
|
11.6
x
|
10.6
x
|
Yield
|
0.5%
|
0.26%
|
0.75%
|
-
|
1.57%
|
5.87%
|
6.47%
|
6.68%
|
Capitalization / Revenue
|
9.28
x
|
17.7
x
|
4.85
x
|
3.89
x
|
1.78
x
|
1.76
x
|
1.61
x
|
1.48
x
|
EV / Revenue
|
8.93
x
|
17.3
x
|
4.58
x
|
3.89
x
|
1.39
x
|
1.39
x
|
1.21
x
|
1.06
x
|
EV / EBITDA
|
34
x
|
65.4
x
|
21.4
x
|
18.6
x
|
6.16
x
|
6.32
x
|
5.53
x
|
4.83
x
|
EV / FCF
|
55.2
x
|
109
x
|
138
x
|
-
|
13
x
|
15.2
x
|
9.49
x
|
8
x
|
FCF Yield
|
1.81%
|
0.92%
|
0.73%
|
-
|
7.72%
|
6.59%
|
10.5%
|
12.5%
|
Price to Book
|
16.4
x
|
30.8
x
|
8.08
x
|
-
|
2.43
x
|
2.44
x
|
2.27
x
|
2.07
x
|
Nbr of stocks (in thousands)
|
9,72,894
|
9,80,332
|
9,80,332
|
9,80,332
|
9,70,132
|
9,70,132
|
-
|
-
|
Reference price
2 |
40.84
|
96.79
|
29.37
|
24.38
|
11.27
|
12.44
|
12.44
|
12.44
|
Announcement Date
|
25/03/20
|
23/03/21
|
23/03/22
|
30/03/23
|
26/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
4,282
|
5,360
|
5,943
|
6,147
|
6,148
|
6,851
|
7,513
|
8,161
|
EBITDA
1 |
1,126
|
1,420
|
1,270
|
1,283
|
1,384
|
1,502
|
1,649
|
1,783
|
EBIT
1 |
1,072
|
1,334
|
1,147
|
1,118
|
1,195
|
1,320
|
1,462
|
1,601
|
Operating Margin
|
25.02%
|
24.88%
|
19.3%
|
18.18%
|
19.44%
|
19.26%
|
19.45%
|
19.61%
|
Earnings before Tax (EBT)
1 |
1,094
|
1,352
|
1,170
|
1,142
|
1,264
|
1,414
|
1,570
|
1,728
|
Net income
1 |
718.6
|
885.2
|
766.2
|
742
|
852.7
|
949.4
|
1,057
|
1,165
|
Net margin
|
16.78%
|
16.52%
|
12.89%
|
12.07%
|
13.87%
|
13.86%
|
14.06%
|
14.28%
|
EPS
2 |
0.7410
|
0.9020
|
0.7820
|
0.7570
|
0.8750
|
0.9682
|
1.076
|
1.174
|
Free Cash Flow
1 |
693.3
|
853.1
|
197.5
|
-
|
658
|
625.8
|
960.4
|
1,076
|
FCF margin
|
16.19%
|
15.92%
|
3.32%
|
-
|
10.7%
|
9.14%
|
12.78%
|
13.19%
|
FCF Conversion (EBITDA)
|
61.57%
|
60.08%
|
15.55%
|
-
|
47.56%
|
41.66%
|
58.23%
|
60.35%
|
FCF Conversion (Net income)
|
96.48%
|
96.37%
|
25.77%
|
-
|
77.17%
|
65.91%
|
90.89%
|
92.36%
|
Dividend per Share
2 |
0.2059
|
0.2537
|
0.2196
|
-
|
0.1772
|
0.7304
|
0.8041
|
0.8308
|
Announcement Date
|
25/03/20
|
23/03/21
|
23/03/22
|
30/03/23
|
26/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2020 S2
|
2021 S1
|
2021 S2
|
2022 S1
|
2022 S2
|
2023 S1
|
2023 S2
|
2024 S1
|
2024 S2
|
---|
Net sales
1 |
2,627
|
2,218
|
3,142
|
2,631
|
3,312
|
2,688
|
3,459
|
2,616
|
3,531
|
2,994
|
3,938
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
693.2
|
-
|
759.6
|
400
|
631.3
|
-
|
728.4
|
498.4
|
-
|
489
|
829.4
|
Operating Margin
|
26.39%
|
-
|
24.18%
|
15.2%
|
19.06%
|
-
|
21.06%
|
19.05%
|
-
|
16.33%
|
21.06%
|
Earnings before Tax (EBT)
|
708.1
|
-
|
766.5
|
-
|
645.3
|
-
|
740.8
|
-
|
-
|
-
|
-
|
Net income
|
448.3
|
398.9
|
486.3
|
348.8
|
417.4
|
263.1
|
478.8
|
-
|
-
|
-
|
-
|
Net margin
|
17.07%
|
17.98%
|
15.48%
|
13.26%
|
12.6%
|
9.79%
|
13.85%
|
-
|
-
|
-
|
-
|
EPS
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
25/03/20
|
25/08/20
|
23/03/21
|
24/08/21
|
23/03/22
|
30/08/22
|
30/03/23
|
29/08/23
|
26/03/24
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
1,482
|
1,987
|
1,574
|
-
|
2,410
|
2,564
|
2,951
|
3,450
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
693
|
853
|
197
|
-
|
658
|
626
|
960
|
1,076
|
ROE (net income / shareholders' equity)
|
31.1%
|
30%
|
21.6%
|
-
|
18.7%
|
19.2%
|
19.6%
|
19.8%
|
ROA (Net income/ Total Assets)
|
24.9%
|
23.3%
|
16.5%
|
-
|
14.7%
|
15.2%
|
15.5%
|
15.4%
|
Assets
1 |
2,887
|
3,800
|
4,646
|
-
|
5,803
|
6,243
|
6,804
|
7,564
|
Book Value Per Share
2 |
2.500
|
3.150
|
3.640
|
-
|
4.650
|
5.090
|
5.470
|
6.000
|
Cash Flow per Share
2 |
0.9800
|
1.200
|
0.8500
|
-
|
0.9800
|
1.080
|
1.240
|
1.280
|
Capex
1 |
258
|
326
|
632
|
-
|
301
|
330
|
298
|
289
|
Capex / Sales
|
6.03%
|
6.08%
|
10.64%
|
-
|
4.9%
|
4.81%
|
3.97%
|
3.54%
|
Announcement Date
|
25/03/20
|
23/03/21
|
23/03/22
|
30/03/23
|
26/03/24
|
-
|
-
|
-
|
Last Close Price
12.44
CNY Average target price
15.88
CNY Spread / Average Target +27.71% Consensus |
1st Jan change
|
Capi.
|
---|
| +5.65% | 1.66B | | -8.09% | 26.65B | | +18.22% | 24.44B | | +7.92% | 11.1B | | +12.92% | 5.17B | | +5.55% | 3.96B | | -20.75% | 3.29B | | -7.97% | 3.06B | | +28.76% | 2.77B | | -17.90% | 2.43B |
Food Ingredients
|