Financials Zhong Ao Home Group Limited

Equities

1538

KYG9897C1033

Real Estate Services

Market Closed - Hong Kong S.E. 01:38:08 27/06/2024 pm IST 5-day change 1st Jan Change
0.35 HKD 0.00% Intraday chart for Zhong Ao Home Group Limited 0.00% -20.45%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 462.9 423.8 532.2 424.7 369.8 341.8
Enterprise Value (EV) 1 159 141.1 138.9 42.98 -22.57 -131.5
P/E ratio 4.81 x 3.9 x 3.97 x 4 x 4.81 x 4.27 x
Yield 3.85% 4.74% 4.06% 4.1% 5.11% 5.67%
Capitalization / Revenue 0.45 x 0.28 x 0.3 x 0.23 x 0.22 x 0.2 x
EV / Revenue 0.16 x 0.09 x 0.08 x 0.02 x -0.01 x -0.08 x
EV / EBITDA 1.06 x 0.61 x 0.61 x 0.2 x -0.14 x -0.81 x
EV / FCF 3.56 x 0.87 x 0.57 x -0.32 x -0.35 x -1.24 x
FCF Yield 28.1% 115% 175% -308% -289% -80.4%
Price to Book 0.82 x 0.62 x 0.65 x 0.47 x 0.4 x 0.35 x
Nbr of stocks (in thousands) 8,11,106 8,17,622 8,54,550 8,54,550 8,54,550 8,54,550
Reference price 2 0.5708 0.5183 0.6228 0.4970 0.4328 0.3999
Announcement Date 26/04/19 27/04/20 29/04/21 27/04/22 25/04/23 25/04/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,023 1,519 1,752 1,874 1,702 1,710
EBITDA 1 150.1 231 227 209.9 161.7 162
EBIT 1 125.5 199.3 191.7 173.1 123.8 125.5
Operating Margin 12.27% 13.12% 10.94% 9.24% 7.27% 7.34%
Earnings before Tax (EBT) 1 157.4 175 202.6 190.9 132.6 124.7
Net income 1 96.09 108.6 131.5 106.3 76.91 80.05
Net margin 9.39% 7.15% 7.5% 5.67% 4.52% 4.68%
EPS 2 0.1185 0.1328 0.1571 0.1244 0.0900 0.0937
Free Cash Flow 1 44.72 161.7 243.6 -132.4 65.14 105.8
FCF margin 4.37% 10.64% 13.9% -7.07% 3.83% 6.19%
FCF Conversion (EBITDA) 29.78% 70% 107.3% - 40.28% 65.34%
FCF Conversion (Net income) 46.54% 148.9% 185.23% - 84.7% 132.17%
Dividend per Share 2 0.0220 0.0246 0.0253 0.0204 0.0221 0.0227
Announcement Date 26/04/19 27/04/20 29/04/21 27/04/22 25/04/23 25/04/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 304 283 393 382 392 473
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 44.7 162 244 -132 65.1 106
ROE (net income / shareholders' equity) 18.6% 19.9% 18.5% 14.1% 9.04% 8.32%
ROA (Net income/ Total Assets) 6.09% 7.7% 6.04% 5.08% 3.73% 3.9%
Assets 1 1,579 1,410 2,176 2,091 2,060 2,053
Book Value Per Share 2 0.6900 0.8300 0.9500 1.050 1.070 1.140
Cash Flow per Share 2 0.5100 0.5600 0.5800 0.5100 0.5200 0.6200
Capex 1 19.4 63.6 22.7 48.8 20.1 26.3
Capex / Sales 1.89% 4.18% 1.29% 2.6% 1.18% 1.54%
Announcement Date 26/04/19 27/04/20 29/04/21 27/04/22 25/04/23 25/04/24
1CNY in Million2CNY
Estimates
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