XHKG1286
Market cap478mUSD
Dec 23, Last price
1.97HKD
1D
-3.90%
1Q
3.68%
IPO
-53.21%
Name
Impro Precision Industries Ltd
Chart & Performance
P/E
6.35
P/S
0.81
EPS
0.31
Div Yield, %
8.11%
Shrs. gr., 5y
0.58%
Rev. gr., 5y
4.20%
Revenues
4.60b
+5.73%
Net income
585m
+0.54%
CFO
1.28b
+63.80%
Dividend
Aug 21, 20240.08 HKD/sh
Earnings
May 20, 2025
Profile
Impro Precision Industries Limited develops, produces, and sells casting products and precision machining parts in the United States, Europe, the People's Republic of China, and internationally. It operates in four segments: Investment Casting, Precision Machining, Sand Casting, and Surface Treatment. The company offers passenger cars, commercial vehicles, high horsepower engines, hydraulic equipment, construction equipment, agricultural equipment, recreational boats and vehicles, aerospace, and medical components. It also offers surface treatment services, such as plating, anodizing, painting, and coating. In addition, the company manages logistic centers and warehouses, as well as provides customer maintenance services. It serves automotive, high horsepower engine, construction equipment, agricultural equipment, hydraulic equipment, aerospace, medical, energy, recreational boat and vehicles, fire and security systems, telecommunication, forestry, and the food processing industries. The company was founded in 1998 and is headquartered in Wan Chai, Hong Kong.
Valuation
Title HKD in thousands, except ratios and share amounts | 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 | |
| Income | |||||||||
Revenues | 4,604,378 5.73% | 4,354,711 15.27% | 3,777,701 29.17% | ||||||
Cost of revenue | 4,075,553 | 3,609,138 | 3,301,974 | ||||||
Unusual Expense (Income) | |||||||||
NOPBT | 528,825 | 745,573 | 475,727 | ||||||
NOPBT Margin | 11.49% | 17.12% | 12.59% | ||||||
Operating Taxes | 33,109 | 106,225 | 82,798 | ||||||
Tax Rate | 6.26% | 14.25% | 17.40% | ||||||
NOPAT | 495,716 | 639,348 | 392,929 | ||||||
Net income | 585,093 0.54% | 581,945 52.03% | 382,780 -358.30% | ||||||
Dividends | (301,685) | (286,261) | (88,515) | ||||||
Dividend yield | 6.66% | 6.67% | 2.54% | ||||||
Proceeds from repurchase of equity | 6,543 | (6,349) | |||||||
BB yield | -0.14% | 0.15% | |||||||
| Debt | |||||||||
Debt current | 1,036,253 | 956,775 | 796,040 | ||||||
Long-term debt | 1,238,866 | 1,249,132 | 748,814 | ||||||
Deferred revenue | 135,126 | 129,430 | 140,772 | ||||||
Other long-term liabilities | 199,394 | (57,206) | (69,019) | ||||||
Net debt | 1,642,715 | 1,721,045 | 964,168 | ||||||
| Cash flow | |||||||||
Cash from operating activities | 1,281,419 | 782,290 | 401,087 | ||||||
CAPEX | (711,380) | (710,958) | (1,036,852) | ||||||
Cash from investing activities | (772,891) | (1,217,943) | (1,034,543) | ||||||
Cash from financing activities | (359,687) | 379,452 | 607,111 | ||||||
FCF | 91,312 | 334,685 | (720,392) | ||||||
| Balance | |||||||||
Cash | 630,850 | 483,286 | 578,964 | ||||||
Long term investments | 1,554 | 1,576 | 1,722 | ||||||
Excess cash | 402,185 | 267,126 | 391,801 | ||||||
Stockholders' equity | 3,457,192 | 2,963,541 | 2,949,103 | ||||||
Invested Capital | 6,955,976 | 6,439,055 | 5,682,260 | ||||||
ROIC | 7.40% | 10.55% | 7.70% | ||||||
ROCE | 7.13% | 10.94% | 7.67% | ||||||
| EV | |||||||||
Common stock shares outstanding | 1,886,951 | 1,883,384 | 1,883,295 | ||||||
Price | 2.40 5.26% | 2.28 23.24% | 1.85 -27.73% | ||||||
Market cap | 4,528,683 5.46% | 4,294,116 23.25% | 3,484,096 -27.73% | ||||||
EV | 6,191,731 | 6,033,901 | 4,471,596 | ||||||
EBITDA | 1,025,439 | 1,166,188 | 892,696 | ||||||
EV/EBITDA | 6.04 | 5.17 | 5.01 | ||||||
Interest | 116,256 | 60,297 | 28,330 | ||||||
Interest/NOPBT | 21.98% | 8.09% | 5.96% | ||||||