XHKG1183
Market cap89mUSD
Dec 23, Last price
0.17HKD
1D
1.75%
1Q
40.32%
IPO
-67.01%
Name
MECOM Power and Construction Ltd
Chart & Performance
Profile
MECOM Power and Construction Limited, an investment holding company, operates as an integrated construction engineering contractor in Macau, Hong Kong, and The People's Republic of China. It provides steel structure erection services, including structural steelworks, concreting and builder works, and combination of various other services; civil engineering construction services, such as demolition, ground field investigation, site formation, and foundation works, as well as substructures and superstructures, roads, and drainage works; and fitting out and renovation works comprising alteration, renovation and upgrading works services. The company also undertakes high voltage power substation construction and its system installation works, including planning, scheduling, project management, and construction services of customized high-voltage substations and power transmission infrastructure with installation of high voltage power systems. In addition, it provides electrical and mechanical (E&M) engineering services, which is a combination of the supply and/or installation of low voltage systems works; heating, ventilation and air-conditioning systems works; and extra low voltage systems works, and relevant testing and commissioning thereof as well as management and monitoring of quality and delivery of E&M engineering services works. Further, the company undertakes facilities operation and maintenance management, alteration, upgrading, maintenance works, and emergency repair of various buildings, properties, and their components, as well as high voltage power substations and related systems. The company was founded in 2000 and is headquartered in Macau. MECOM Power and Construction Limited is a subsidiary of MECOM Holding Limited.
Valuation
Title MOP in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 1,496,393 11.51% | 1,341,916 47.14% | 911,982 28.94% | |||||||
Cost of revenue | 1,458,654 | 1,248,851 | 773,261 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 37,739 | 93,065 | 138,721 | |||||||
NOPBT Margin | 2.52% | 6.94% | 15.21% | |||||||
Operating Taxes | 5,520 | 10,870 | 18,038 | |||||||
Tax Rate | 14.63% | 11.68% | 13.00% | |||||||
NOPAT | 32,219 | 82,195 | 120,683 | |||||||
Net income | (11,585) -114.24% | 81,344 -35.68% | 126,466 148.36% | |||||||
Dividends | (101,872) | (88,316) | ||||||||
Dividend yield | 2.91% | 1.37% | ||||||||
Proceeds from repurchase of equity | (4,921) | (19,706) | (26,588) | |||||||
BB yield | 0.41% | 0.56% | 0.41% | |||||||
Debt | ||||||||||
Debt current | 248,581 | 90,640 | ||||||||
Long-term debt | 32,575 | |||||||||
Deferred revenue | ||||||||||
Other long-term liabilities | 345,150 | |||||||||
Net debt | 208,709 | 1,970 | (187,198) | |||||||
Cash flow | ||||||||||
Cash from operating activities | (72,267) | (111,034) | 147,053 | |||||||
CAPEX | (137,143) | (68,815) | (9,430) | |||||||
Cash from investing activities | (118,304) | (29,005) | (6,630) | |||||||
Cash from financing activities | 178,533 | 48,784 | (113,945) | |||||||
FCF | (171,575) | (188,548) | 168,386 | |||||||
Balance | ||||||||||
Cash | 57,635 | 74,795 | 224,809 | |||||||
Long term investments | 14,812 | 13,875 | (37,611) | |||||||
Excess cash | 21,574 | 141,599 | ||||||||
Stockholders' equity | 144,396 | 285,253 | 209,943 | |||||||
Invested Capital | 760,767 | 534,433 | 281,260 | |||||||
ROIC | 4.98% | 20.15% | 41.03% | |||||||
ROCE | 4.96% | 16.74% | 32.81% | |||||||
EV | ||||||||||
Common stock shares outstanding | 3,994,082 | 2,671,051 | 4,022,114 | |||||||
Price | 0.30 -77.10% | 1.31 -18.13% | 1.60 50.94% | |||||||
Market cap | 1,198,225 -65.76% | 3,499,077 -45.63% | 6,435,382 50.29% | |||||||
EV | 1,510,785 | 3,744,448 | 6,394,921 | |||||||
EBITDA | 45,810 | 99,576 | 145,953 | |||||||
EV/EBITDA | 32.98 | 37.60 | 43.81 | |||||||
Interest | 7,848 | 756 | ||||||||
Interest/NOPBT | 20.80% | 0.81% |