XHKG2501
Market cap56mUSD
Dec 23, Last price
0.88HKD
1D
-1.12%
1Q
-7.37%
IPO
-42.11%
Name
Maiyue Technology Ltd
Chart & Performance
P/E
18.08
P/S
1.60
EPS
0.05
Div Yield, %
0.00%
Shrs. gr., 5y
—
Rev. gr., 5y
%
Revenues
259m
+6.51%
Net income
23m
-53.09%
CFO
-142m
L
Profile
Maiyue Technology Limited, an investment holding company, provides integrated information technology (IT) solutions and services in the education and government IT solutions markets in the People's Republic of China. The company engages in the development of solution-based application systems and sourcing of suitable hardware, software, and equipment; and design and implementation of integrated IT solutions, including construction, integration, and upgrade of IT infrastructure and systems; and provision of technical and maintenance support services. It also sells hardware and software. The company was founded in 2003 and is headquartered in Nanning, the People's Republic of China.
Valuation
Title CNY in thousands, except ratios and share amounts | FY | FY | FY | FY |
|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | |
| Income | ||||
Revenues | 259,085 6.51% | 243,255 20.58% | 201,742 -2.57% | |
Cost of revenue | 228,491 | 161,450 | 129,159 | |
Unusual Expense (Income) | ||||
NOPBT | 30,594 | 81,805 | 72,583 | |
NOPBT Margin | 11.81% | 33.63% | 35.98% | |
Operating Taxes | 4,739 | 7,141 | 8,498 | |
Tax Rate | 15.49% | 8.73% | 11.71% | |
NOPAT | 25,855 | 74,664 | 64,085 | |
Net income | 22,881 -53.09% | 48,774 6.08% | 45,978 16.58% | |
Dividends | ||||
Dividend yield | ||||
Proceeds from repurchase of equity | 135,402 | |||
BB yield | -27.99% | |||
| Debt | ||||
Debt current | 136,815 | 86,478 | 69,745 | |
Long-term debt | 49,298 | 72,547 | 52,741 | |
Deferred revenue | 2,810 | 2,060 | 2,380 | |
Other long-term liabilities | ||||
Net debt | (23,107) | 96,424 | 73,330 | |
| Cash flow | ||||
Cash from operating activities | (142,200) | 10,114 | 6,675 | |
CAPEX | (3,301) | (15,595) | (18,574) | |
Cash from investing activities | (9,756) | (17,921) | (17,993) | |
Cash from financing activities | 138,899 | 21,252 | 4,358 | |
FCF | (309,349) | 132,368 | 71,212 | |
| Balance | ||||
Cash | 168,104 | 62,601 | 49,156 | |
Long term investments | 41,116 | |||
Excess cash | 196,266 | 50,438 | 39,069 | |
Stockholders' equity | 203,923 | 1,969 | 1,687 | |
Invested Capital | 309,883 | 332,843 | 244,830 | |
ROIC | 8.05% | 25.85% | 30.80% | |
ROCE | 6.04% | 24.43% | 29.44% | |
| EV | ||||
Common stock shares outstanding | 403,082 | 500,000 | 500,000 | |
Price | 1.20 | |||
Market cap | 483,698 | |||
EV | 462,326 | |||
EBITDA | 38,800 | 89,943 | 79,332 | |
EV/EBITDA | 11.92 | |||
Interest | 10,484 | 8,907 | 7,954 | |
Interest/NOPBT | 34.27% | 10.89% | 10.96% | |