XHKG1553
Market cap83mUSD
Dec 03, Last price
1.49HKD
Name
Maike Tube Industry Holdings Ltd
Chart & Performance
P/E
3.95
P/S
0.28
EPS
0.35
Div Yield, %
6.08%
Shrs. gr., 5y
—
Rev. gr., 5y
12.52%
Revenues
2.19b
+3.97%
Net income
154m
+10.05%
CFO
-20m
L
Dividend
Jun 12, 20240.12 HKD/sh
Earnings
May 30, 2025
Profile
Maike Tube Industry Holdings Limited, through its subsidiaries, manufactures and sells standard prefabricated pipe nipples and steel pipe products in the People's Republic of China, the United States, rest of Asia, Europe, and internationally. The company's products include standard prefabricated steel, stainless, and brass pipe nipples, as well as coupling/sockets, welded outlets, and others; electric resistance welding and spiral submerged arc welded steel pipes; assembled piping systems; conduits; and customized steel pipes. It also engages in the design and supply of assembled piping systems. In addition, the company sells steel coils. It serves gas, as well as heating, ventilation, and air conditioning companies; and water supply companies, infrastructure and construction companies, wholesalers, and distributors. The company also exports its products to approximately 17 countries and regions. The company was founded in 2013 and is headquartered in Jinan, People's Republic of China.
Valuation
Title CNY in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | |
| Income | ||||||||
Revenues | 2,190,942 3.97% | 2,107,290 18.65% | 1,776,028 41.50% | |||||
Cost of revenue | 2,021,770 | 1,963,187 | 1,673,284 | |||||
Unusual Expense (Income) | ||||||||
NOPBT | 169,172 | 144,103 | 102,744 | |||||
NOPBT Margin | 7.72% | 6.84% | 5.79% | |||||
Operating Taxes | 20,465 | 14,461 | 14,845 | |||||
Tax Rate | 12.10% | 10.04% | 14.45% | |||||
NOPAT | 148,707 | 129,642 | 87,899 | |||||
Net income | 153,731 10.05% | 139,695 20.40% | 116,021 16.57% | |||||
Dividends | (39,311) | (37,099) | (43,316) | |||||
Dividend yield | 7.57% | 7.56% | ||||||
Proceeds from repurchase of equity | ||||||||
BB yield | ||||||||
| Debt | ||||||||
Debt current | 39,890 | 79,487 | 169,635 | |||||
Long-term debt | 7,664 | 11,357 | 16,563 | |||||
Deferred revenue | 10,536 | 11,479 | (7,866) | |||||
Other long-term liabilities | 7,866 | |||||||
Net debt | (189,486) | (383,068) | (306,743) | |||||
| Cash flow | ||||||||
Cash from operating activities | (20,389) | 177,848 | 22,668 | |||||
CAPEX | (25,931) | (50,171) | (182,946) | |||||
Cash from investing activities | (180,755) | (74,604) | (80,425) | |||||
Cash from financing activities | 214,545 | (136,089) | 57,813 | |||||
FCF | 89,231 | 71,363 | (111,258) | |||||
| Balance | ||||||||
Cash | 90,426 | 57,760 | 86,548 | |||||
Long term investments | 146,614 | 416,152 | 406,393 | |||||
Excess cash | 127,493 | 368,548 | 404,140 | |||||
Stockholders' equity | 801,851 | 651,463 | 506,829 | |||||
Invested Capital | 976,961 | 655,400 | 595,220 | |||||
ROIC | 18.22% | 20.73% | 16.68% | |||||
ROCE | 15.11% | 13.88% | 10.20% | |||||
| EV | ||||||||
Common stock shares outstanding | 433,800 | 433,800 | 433,800 | |||||
Price | 1.13 -14.39% | 1.32 -20.48% | ||||||
Market cap | 490,194 -14.39% | 572,616 -20.48% | ||||||
EV | 112,432 | 271,590 | ||||||
EBITDA | 209,987 | 181,200 | 129,799 | |||||
EV/EBITDA | 0.62 | 2.09 | ||||||
Interest | 6,690 | 5,331 | 5,242 | |||||
Interest/NOPBT | 3.95% | 3.70% | 5.10% | |||||