XHKG3838
Market cap141mUSD
Dec 23, Last price
0.18HKD
1D
5.75%
1Q
5.75%
Jan 2017
8.24%
IPO
-84.54%
Name
China Starch Holdings Limited
Chart & Performance
Profile
China Starch Holdings Limited, an investment holding company, manufactures and sells cornstarch, lysine, starch-based sweeteners, modified starch, and ancillary corn-based and corn-refined products in the People's Republic of China. The company operates in two segments, Upstream Products, and Fermented and Downstream Products. It also researches, develops, manufactures, and sells food additives, feeds, amino acids, and related products; and glucose, maltose, dextrin, animal feed additives, food-grade enzymes, bio-based materials, lactate, and other related products. The company was incorporated in 2006 and is headquartered in Causeway Bay, Hong Kong. China Starch Holdings Limited is a subsidiary of Merry Boom Group Limited.
Valuation
Title CNY 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 | 11,797,534 -1.27% | 11,948,852 2.66% | 11,639,315 30.89% | |||||||
Cost of revenue | 11,753,178 | 11,289,468 | 11,082,359 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 44,356 | 659,384 | 556,956 | |||||||
NOPBT Margin | 0.38% | 5.52% | 4.79% | |||||||
Operating Taxes | 19,437 | 125,684 | 108,658 | |||||||
Tax Rate | 43.82% | 19.06% | 19.51% | |||||||
NOPAT | 24,919 | 533,700 | 448,298 | |||||||
Net income | 107,959 -78.21% | 495,432 43.36% | 345,597 81.78% | |||||||
Dividends | (66,846) | (138,364) | (44,941) | |||||||
Dividend yield | 8.20% | 10.26% | 3.54% | |||||||
Proceeds from repurchase of equity | (3,087) | |||||||||
BB yield | 0.38% | |||||||||
Debt | ||||||||||
Debt current | 559,365 | 285,925 | 117,042 | |||||||
Long-term debt | 3,438 | |||||||||
Deferred revenue | 164,751 | 244,722 | 259,411 | |||||||
Other long-term liabilities | ||||||||||
Net debt | (362,419) | (727,055) | (882,061) | |||||||
Cash flow | ||||||||||
Cash from operating activities | 413,373 | 316,827 | 1,106,803 | |||||||
CAPEX | (421,634) | (211,125) | (412,739) | |||||||
Cash from investing activities | (719,942) | (349,469) | (387,022) | |||||||
Cash from financing activities | 203,414 | 34,650 | (60,436) | |||||||
FCF | (431,991) | 61,052 | 793,364 | |||||||
Balance | ||||||||||
Cash | 899,830 | 1,002,985 | 1,000,977 | |||||||
Long term investments | 21,954 | 9,995 | 1,564 | |||||||
Excess cash | 331,907 | 415,537 | 420,575 | |||||||
Stockholders' equity | 3,546,680 | 3,423,523 | 3,167,024 | |||||||
Invested Capital | 4,328,762 | 3,869,907 | 3,357,222 | |||||||
ROIC | 0.61% | 14.77% | 13.05% | |||||||
ROCE | 0.94% | 15.13% | 14.47% | |||||||
EV | ||||||||||
Common stock shares outstanding | 5,990,605 | 5,994,132 | 5,994,132 | |||||||
Price | 0.14 -39.56% | 0.23 6.13% | 0.21 38.56% | |||||||
Market cap | 814,722 -39.59% | 1,348,680 6.13% | 1,270,756 38.53% | |||||||
EV | 727,027 | 848,318 | 602,754 | |||||||
EBITDA | 321,708 | 944,188 | 816,206 | |||||||
EV/EBITDA | 2.26 | 0.90 | 0.74 | |||||||
Interest | 4,757 | 4,474 | 7,105 | |||||||
Interest/NOPBT | 10.72% | 0.68% | 1.28% |