XHKG
8035
Market cap6mUSD
Apr 09, Last price
0.08HKD
1D
27.87%
1Q
69.57%
Jan 2017
-71.64%
Name
Binhai Investment Co Ltd
Chart & Performance
P/E
—
P/S
0.18
EPS
—
Div Yield, %
—
Shrs. gr., 5y
—
Rev. gr., 5y
-6.25%
Revenues
266m
-48.19%
Net income
-18m
L
CFO
45m
+22.54%
Earnings
May 09, 2025
Profile
Binhai Investment Company Limited, an investment holding company, engages in the construction of gas pipeline networks, provision of connection services, and sale of liquefied petroleum gas (LPG) and piped natural gas in Hong Kong. The company operates through Sales of Piped Natural Gas, Construction and Gas Pipeline Installation Service, Gas Passing through Service, and Sales of Bottled Natural Gas segments. It also sells piped and bottled natural gas through its pipeline networks to residential and industrial users. In addition, the company constructs gas pipelines, as well as offers construction and gas pipeline installation services to industrial and commercial customers, property developers, and property management companies. As of December 31, 2021, it had a gas pipeline network of approximately 3,574 kilometers. The company also engages in property development business. The company was founded in 1994 and is headquartered in Causeway Bay, 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 | 265,640 -48.19% | 512,672 -9.89% | |||||||
Cost of revenue | 281,179 | 508,400 | |||||||
Unusual Expense (Income) | |||||||||
NOPBT | (15,539) | 4,272 | |||||||
NOPBT Margin | 0.83% | ||||||||
Operating Taxes | (230) | 1,783 | |||||||
Tax Rate | 41.74% | ||||||||
NOPAT | (15,309) | 2,489 | |||||||
Net income | (18,173) -508.20% | 4,452 -74.32% | |||||||
Dividends | |||||||||
Dividend yield | |||||||||
Proceeds from repurchase of equity | |||||||||
BB yield | |||||||||
| Debt | |||||||||
Debt current | 16,773 | 161,306 | |||||||
Long-term debt | 29,125 | 62,694 | |||||||
Deferred revenue | (633) | ||||||||
Other long-term liabilities | 633 | ||||||||
Net debt | 33,150 | 212,340 | |||||||
| Cash flow | |||||||||
Cash from operating activities | 44,938 | 36,672 | |||||||
CAPEX | (3,651) | (2,313) | |||||||
Cash from investing activities | 122,089 | (1,607) | |||||||
Cash from financing activities | (163,706) | (41,788) | |||||||
FCF | 157,026 | (104,982) | |||||||
| Balance | |||||||||
Cash | 11,699 | 10,131 | |||||||
Long term investments | 1,049 | 1,529 | |||||||
Excess cash | |||||||||
Stockholders' equity | 13,492 | 34,081 | |||||||
Invested Capital | 85,696 | 256,619 | |||||||
ROIC | 0.97% | ||||||||
ROCE | 1.66% | ||||||||
| EV | |||||||||
Common stock shares outstanding | 600,000 | 600,000 | |||||||
Price | |||||||||
Market cap | |||||||||
EV | |||||||||
EBITDA | 20,000 | 43,717 | |||||||
EV/EBITDA | |||||||||
Interest | 5,013 | 2,523 | |||||||
Interest/NOPBT | 59.06% | ||||||||