Neutech Group Limited (9616.HK)

Analysis: Growth Rates Industry: Specialty Business Services Sector: Industrials Live Price: $2.54

Enterprise Value

Metric / Stat	3Y	5Y
Stock Price
Avg YoY	-14.10%	-12.97%
Slope	-16.33%	-17.45%
CAGR	-14.64%	-13.93%
LSR	-14.64%	-16.40%
Market Capitalization
Avg YoY	-13.63%	-12.96%
Slope	-15.56%	-16.98%
CAGR	-14.04%	-13.74%
LSR	-14.04%	-15.95%
(-) Cash & Equivalents
Avg YoY	23.27%	3.56%
Slope	17.22%	3.47%
CAGR	20.53%	-0.30%
LSR	20.53%	3.72%
(+) Total Debt
Avg YoY	15.55%	22.43%
Slope	14.31%	17.37%
CAGR	15.53%	21.71%
LSR	15.53%	20.34%
Enterprise Value
Avg YoY	-2.84%	8.16%
Slope	-4.42%	0.01%
CAGR	-4.12%	4.99%
LSR	-4.12%	0.54%

Income Statement

Metric / Stat	3Y	5Y
Revenue
Avg YoY	14.85%	16.80%
Slope	13.72%	14.80%
CAGR	14.84%	16.73%
LSR	14.84%	16.40%
Cost of Revenue
Avg YoY	10.41%	12.18%
Slope	9.94%	11.03%
CAGR	10.35%	12.14%
LSR	10.35%	11.79%
Gross Profit
Avg YoY	20.85%	23.72%
Slope	18.11%	19.48%
CAGR	20.53%	23.15%
LSR	20.53%	22.71%
Gross Margin
Avg YoY	5.13%	5.71%
Slope	4.74%	5.18%
CAGR	4.95%	5.50%
LSR	4.95%	5.42%
R&D Expenses
Avg YoY	-10.62%	2.33%
Slope	-12.06%	-2.10%
CAGR	-12.11%	-1.18%
LSR	-12.11%	-2.06%
SG&A Expenses
Avg YoY	18.93%	2.36%
Slope	15.24%	2.75%
CAGR	17.53%	-0.42%
LSR	17.53%	3.00%
Operating Expenses
Avg YoY	120.32%	38.96%
Slope	60.96%	12.23%
CAGR	108.79%	8.80%
LSR	108.79%	10.48%
Operating Income (EBIT)
Avg YoY	4.98%	39.97%
Slope	4.59%	21.74%
CAGR	4.80%	33.51%
LSR	4.80%	31.14%
Operating Margin
Avg YoY	-8.66%	18.72%
Slope	-9.01%	9.68%
CAGR	-8.75%	14.38%
LSR	-8.75%	12.66%
Interest Income
Avg YoY	14.79%	38.93%
Slope	11.14%	23.95%
CAGR	12.70%	33.72%
LSR	12.70%	33.14%
Interest Expense
Avg YoY	4.86%	30.04%
Slope	4.75%	20.39%
CAGR	4.85%	27.49%
LSR	4.85%	26.72%
Net Interest Income
Avg YoY	3.85%	29.22%
Slope	-3.73%	-19.83%
CAGR	—	—
LSR	—	—
Other Income / Expense
Avg YoY	-15.72%	5.13%
Slope	18.12%	-4.52%
CAGR	—	—
LSR	—	—
Unusual Items
Avg YoY	-15.72%	5.13%
Slope	-18.12%	4.52%
CAGR	-17.98%	1.55%
LSR	-17.98%	4.61%
EBT excl. Unusual
Avg YoY	22.85%	204.38%
Slope	20.66%	36.51%
CAGR	22.63%	103.95%
LSR	22.63%	85.29%
Pre-Tax Income
Avg YoY	11.05%	58.82%
Slope	10.44%	26.71%
CAGR	11.05%	46.92%
LSR	11.05%	41.91%
Pre-Tax Margin
Avg YoY	-3.30%	34.22%
Slope	-3.37%	15.27%
CAGR	-3.30%	25.87%
LSR	-3.30%	21.91%
Income Tax Expense
Avg YoY	13.74%	56.44%
Slope	12.89%	30.58%
CAGR	13.73%	49.69%
LSR	13.73%	47.31%
Net Income
Avg YoY	9.93%	84.57%
Slope	9.40%	28.31%
CAGR	9.92%	58.25%
LSR	9.92%	50.45%
Net Margin
Avg YoY	-4.29%	54.93%
Slope	-4.38%	17.68%
CAGR	-4.29%	35.57%
LSR	-4.29%	29.26%
Depreciation & Amortization
Avg YoY	12.39%	11.57%
Slope	11.71%	11.20%
CAGR	12.37%	11.49%
LSR	12.37%	11.80%
EBITDA
Avg YoY	6.62%	28.53%
Slope	6.23%	19.09%
CAGR	6.53%	25.98%
LSR	6.53%	24.73%
EBITDA Margin
Avg YoY	-7.21%	9.47%
Slope	-7.44%	6.09%
CAGR	-7.24%	7.92%
LSR	-7.24%	7.16%
NOPAT
Avg YoY	4.98%	39.97%
Slope	4.59%	21.74%
CAGR	4.80%	33.51%
LSR	4.80%	31.14%
NOPAT Margin
Avg YoY	-8.66%	18.72%
Slope	-9.01%	9.68%
CAGR	-8.75%	14.38%
LSR	-8.75%	12.66%
Owner's Earnings
Avg YoY	921.11%	496.58%
Slope	98.53%	115.02%
CAGR	530.51%	—
LSR	530.51%	—
Owner's Earnings Margin
Avg YoY	778.37%	408.59%
Slope	93.44%	94.92%
CAGR	449.03%	—
LSR	449.03%	—
EPS (Basic)
Avg YoY	10.98%	67.66%
Slope	10.33%	27.71%
CAGR	10.96%	51.47%
LSR	10.96%	45.64%
EPS (Diluted)
Avg YoY	11.77%	67.02%
Slope	10.95%	28.26%
CAGR	11.72%	51.78%
LSR	11.72%	46.39%
Shares (Basic)
Avg YoY	-0.94%	4.95%
Slope	-0.95%	3.02%
CAGR	-0.94%	4.47%
LSR	-0.94%	3.31%
Shares (Diluted)
Avg YoY	-1.60%	4.89%
Slope	-1.64%	2.49%
CAGR	-1.61%	4.26%
LSR	-1.61%	2.78%

Balance Sheet

Metric / Stat	3Y	5Y
Cash & Cash Equivalents
Avg YoY	23.27%	3.56%
Slope	17.22%	3.47%
CAGR	20.53%	-0.30%
LSR	20.53%	3.72%
Short-Term Investments
Avg YoY	58.62%	129.98%
Slope	-33.39%	18.79%
CAGR	-22.60%	52.72%
LSR	-22.60%	33.36%
Cash & Short-Term Investments
Avg YoY	11.54%	4.03%
Slope	10.60%	5.05%
CAGR	11.41%	2.30%
LSR	11.41%	5.25%
Net Receivables
Avg YoY	-3.58%	37.83%
Slope	-3.73%	23.17%
CAGR	-3.73%	25.13%
LSR	-3.73%	31.58%
Inventory
Avg YoY	58.96%	13.53%
Slope	30.49%	2.89%
CAGR	44.41%	-3.45%
LSR	44.41%	4.33%
Other Current Assets
Avg YoY	26.19%	25.73%
Slope	10.57%	20.90%
CAGR	13.53%	19.26%
LSR	13.53%	24.93%
Total Current Assets
Avg YoY	11.42%	5.28%
Slope	10.15%	6.61%
CAGR	11.03%	3.53%
LSR	11.03%	6.85%
Property, Plant & Equipment
Avg YoY	26.23%	25.17%
Slope	21.98%	21.20%
CAGR	25.70%	24.60%
LSR	25.70%	24.53%
Goodwill
Avg YoY	74.29%	32.76%
Slope	50.38%	19.87%
CAGR	59.18%	20.03%
LSR	59.18%	16.42%
Intangible Assets
Avg YoY	-16.65%	-13.86%
Slope	-72.37%	-37.20%
CAGR	-46.53%	-31.25%
LSR	-46.53%	-37.19%
Long-Term Investments
Avg YoY	168.11%	168.11%
Slope	109.25%	86.42%
CAGR	—	—
LSR	—	—
Tax Assets
Avg YoY	737.75%	367.77%
Slope	8.93%	41.25%
CAGR	47.59%	19.44%
LSR	47.59%	54.52%
Other Non-Current Assets
Avg YoY	-142.76%	324.73%
Slope	-430.53%	-65.00%
CAGR	-72.40%	15.13%
LSR	—	—
Total Non-Current Assets
Avg YoY	13.08%	14.74%
Slope	12.24%	12.95%
CAGR	13.08%	14.66%
LSR	13.08%	14.14%
Total Assets
Avg YoY	12.52%	10.92%
Slope	11.62%	11.01%
CAGR	12.48%	10.84%
LSR	12.48%	11.60%
Accounts Payable
Avg YoY	3,211.62%	1,625.51%
Slope	144.94%	94.11%
CAGR	923.05%	231.96%
LSR	923.05%	156.15%
Short-Term Debt
Avg YoY	85.66%	26.71%
Slope	38.80%	3.10%
CAGR	62.98%	-4.78%
LSR	62.98%	7.04%
Tax Payables
Avg YoY	-61.76%	-11.44%
Slope	-85.00%	-18.02%
CAGR	—	—
LSR	—	—
Other Current Liabilities
Avg YoY	-15.79%	2.54%
Slope	-18.53%	1.48%
CAGR	-18.51%	-0.84%
LSR	-18.51%	1.12%
Total Current Liabilities
Avg YoY	12.21%	6.50%
Slope	10.37%	7.91%
CAGR	11.43%	5.63%
LSR	11.43%	8.12%
Long-Term Debt
Avg YoY	9.68%	59.55%
Slope	9.10%	22.19%
CAGR	9.26%	42.71%
LSR	9.26%	34.67%
Capital Lease Obligations
Avg YoY	-9.82%	-15.94%
Slope	-10.34%	-17.77%
CAGR	-9.82%	-16.43%
LSR	-9.82%	-15.53%
Deferred Tax Liabilities
Avg YoY	-47.08%	-28.46%
Slope	-72.87%	-28.28%
CAGR	—	—
LSR	—	—
Other Non-Current Liabilities
Avg YoY	9,242.31%	4,616.77%
Slope	147.65%	97.24%
CAGR	1,285.50%	254.13%
LSR	1,285.50%	176.64%
Total Non-Current Liabilities
Avg YoY	11.12%	50.50%
Slope	10.35%	21.37%
CAGR	10.56%	38.56%
LSR	10.56%	31.41%
Total Liabilities
Avg YoY	10.98%	18.11%
Slope	10.36%	14.41%
CAGR	10.97%	17.59%
LSR	10.97%	16.52%
Preferred Stock
Avg YoY	-35.25%	-17.69%
Slope	-65.36%	-19.73%
CAGR	—	—
LSR	—	—
Common Stock
Avg YoY	1.65%	-4.43%
Slope	1.62%	-4.08%
CAGR	1.64%	-4.91%
LSR	1.64%	-3.71%
Retained Earnings
Avg YoY	42.10%	53.11%
Slope	33.59%	38.40%
CAGR	41.84%	52.50%
LSR	41.84%	54.13%
Accumulated OCI
Avg YoY	1.78%	0.83%
Slope	-1.74%	-1.23%
CAGR	—	—
LSR	—	—
Minority Interest
Avg YoY	1.90%	-22.84%
Slope	1.83%	-83.84%
CAGR	1.86%	-56.02%
LSR	1.86%	-47.87%
Total Shareholders’ Equity
Avg YoY	-3.81%	30.15%
Slope	-77.68%	-0.27%
CAGR	—	—
LSR	—	—
Total Equity
Avg YoY	-4.03%	14.06%
Slope	-76.85%	-6.54%
CAGR	—	—
LSR	—	—
Total Liabilities & Equity
Avg YoY	1.07%	13.05%
Slope	-2.78%	11.27%
CAGR	-3.05%	10.06%
LSR	-3.05%	12.85%
Tangible Assets
Avg YoY	17.81%	16.12%
Slope	15.25%	15.69%
CAGR	17.19%	15.79%
LSR	17.19%	17.22%
Tangible Equity
Avg YoY	1,756.95%	841.26%
Slope	-183.46%	631.15%
CAGR	—	—
LSR	—	—
Tangible Book Value
Avg YoY	1,756.95%	841.26%
Slope	-183.46%	631.15%
CAGR	—	—
LSR	—	—
Total Investments
Avg YoY	456.18%	328.76%
Slope	-29.80%	18.98%
CAGR	-18.84%	56.38%
LSR	-18.84%	20.30%
Net Debt
Avg YoY	14.46%	-78.45%
Slope	11.41%	43.71%
CAGR	11.20%	—
LSR	11.20%	—

Capital Structure

Metric / Stat	3Y	5Y
Working Capital
Avg YoY	23.57%	28.82%
Slope	-9.87%	-9.78%
CAGR	—	—
LSR	—	—
Total Capital
Avg YoY	16.37%	13.29%
Slope	14.92%	13.19%
CAGR	16.32%	13.17%
LSR	16.32%	13.99%
Capital Employed
Avg YoY	13.16%	14.75%
Slope	12.40%	13.18%
CAGR	13.11%	14.71%
LSR	13.11%	14.29%
Invested Capital
Avg YoY	14.80%	23.96%
Slope	13.85%	18.41%
CAGR	14.60%	23.33%
LSR	14.60%	21.67%

Cash Flow

Metric / Stat	3Y	5Y
Net Income
Avg YoY	12.90%	46.67%
Slope	11.99%	26.25%
CAGR	12.87%	40.92%
LSR	12.87%	38.07%
Depreciation & Amortization
Avg YoY	14.21%	7.93%
Slope	13.27%	8.64%
CAGR	14.21%	6.94%
LSR	14.21%	8.78%
Deferred Income Tax
Avg YoY	—	-2.30%
Slope	—	66.41%
CAGR	—	—
LSR	—	—
Stock-Based Compensation
Avg YoY	-100.00%	-88.56%
Slope	-150.00%	-91.89%
CAGR	—	—
LSR	—	—
Change in Working Capital
Avg YoY	-205.88%	-107.39%
Slope	-448.06%	-80.47%
CAGR	—	—
LSR	—	—
Accounts Receivable
Avg YoY	828.90%	270.64%
Slope	351.04%	73.47%
CAGR	—	—
LSR	—	—
Inventory
Avg YoY	-399.61%	-181.58%
Slope	118.67%	85.18%
CAGR	—	—
LSR	—	—
Accounts Payable
Avg YoY	-100.00%	158.41%
Slope	-150.00%	-24.09%
CAGR	—	—
LSR	—	—
Other Working Capital
Avg YoY	-210.97%	-110.88%
Slope	-626.16%	-89.76%
CAGR	—	—
LSR	—	—
Other Non-Cash Items
Avg YoY	-43.01%	-65.60%
Slope	-19.31%	-1,468.36%
CAGR	26.69%	—
LSR	26.69%	—
Net Cash from Operating Activities
Avg YoY	-4.60%	1.10%
Slope	-4.71%	1.44%
CAGR	-4.60%	0.84%
LSR	-4.60%	1.47%
Capital Expenditures (PPE)
Avg YoY	26.70%	-3.29%
Slope	32.94%	17.08%
CAGR	-32.40%	-15.65%
LSR	-32.40%	-18.20%
Acquisitions (Net)
Avg YoY	-193.85%	-2.09%
Slope	-2,290.55%	89.98%
CAGR	—	-40.68%
LSR	—	—
Purchases of Investments
Avg YoY	-65.98%	-38.99%
Slope	71.43%	28.26%
CAGR	-43.21%	-20.28%
LSR	-43.21%	-33.24%
Sales / Maturities of Investments
Avg YoY	-51.23%	-28.64%
Slope	-65.50%	-29.97%
CAGR	-51.27%	-32.36%
LSR	-51.27%	-32.30%
Other Investing Activities
Avg YoY	-601.08%	-307.11%
Slope	-107.30%	-100.87%
CAGR	—	—
LSR	—	—
Net Cash from Investing Activities
Avg YoY	-25.35%	-16.54%
Slope	8.22%	14.32%
CAGR	-6.49%	-3.67%
LSR	-6.49%	-14.68%
Net Debt Issuance
Avg YoY	23.18%	97.97%
Slope	13.33%	-10.72%
CAGR	16.38%	11.35%
LSR	16.38%	-1.76%
Long-Term Debt Issuance
Avg YoY	23.18%	97.97%
Slope	13.33%	-10.72%
CAGR	16.38%	11.35%
LSR	16.38%	-1.76%
Net Stock Issuance
Avg YoY	100.00%	-591.55%
Slope	150.02%	-108.00%
CAGR	—	-95.36%
LSR	—	—
Common Stock Issuance
Avg YoY	-100.00%	-77.53%
Slope	-149.55%	-99.47%
CAGR	-96.10%	-95.36%
LSR	—	—
Common Stock Repurchased
Avg YoY	100.00%	100.00%
Slope	150.00%	0.00%
CAGR	—	—
LSR	—	—
Preferred Stock Issuance
Avg YoY	100.00%	100.00%
Slope	150.00%	0.00%
CAGR	—	—
LSR	—	—
Net Dividends Paid
Avg YoY	-71.92%	-709.56%
Slope	-52.30%	-63.60%
CAGR	65.70%	344.85%
LSR	65.70%	306.03%
Common Dividends Paid
Avg YoY	-71.92%	-709.56%
Slope	-52.30%	-63.60%
CAGR	65.70%	344.85%
LSR	65.70%	306.03%
Other Financing Activities
Avg YoY	-17.37%	-118.02%
Slope	-15.29%	19.30%
CAGR	17.05%	8.32%
LSR	17.05%	-9.07%
Net Cash from Financing Activities
Avg YoY	56.61%	-19.89%
Slope	-106.00%	-93.05%
CAGR	15.98%	—
LSR	—	—
Effect of FX on Cash
Avg YoY	-28.31%	56.68%
Slope	-101.56%	122.94%
CAGR	-61.59%	—
LSR	-61.59%	—
Net Change in Cash
Avg YoY	602.53%	290.89%
Slope	-0.13%	-55.69%
CAGR	—	—
LSR	—	—
Cash at Beginning of Period
Avg YoY	21.93%	33.59%
Slope	19.09%	15.82%
CAGR	19.86%	26.60%
LSR	19.86%	19.25%
Cash at End of Period
Avg YoY	23.27%	3.56%
Slope	17.22%	3.47%
CAGR	20.53%	-0.30%
LSR	20.53%	3.72%
Operating Cash Flow
Avg YoY	-4.60%	1.10%
Slope	-4.71%	1.44%
CAGR	-4.60%	0.84%
LSR	-4.60%	1.47%
Capital Expenditure
Avg YoY	1.04%	-16.12%
Slope	1.08%	6.59%
CAGR	-1.09%	2.03%
LSR	-1.09%	-4.72%
Free Cash Flow
Avg YoY	-12.79%	-35.52%
Slope	-14.29%	57.89%
CAGR	-13.05%	-2.28%
LSR	-13.05%	—

Free Cash Flow

Metric / Stat	3Y	5Y
EBITDA
Avg YoY	19.89%	29.81%
Slope	17.43%	22.89%
CAGR	19.62%	28.91%
LSR	19.62%	28.39%
(-) Tax Adjustment
Avg YoY	22.65%	32.08%
Slope	19.85%	26.70%
CAGR	22.51%	31.35%
LSR	22.51%	33.28%
Change In Working Capital
Avg YoY	-205.88%	-107.39%
Slope	-448.06%	-80.47%
CAGR	—	—
LSR	—	—
Capital Expenditure
Avg YoY	1.04%	-16.12%
Slope	1.08%	6.59%
CAGR	—	—
LSR	—	—
Unlevered Free Cash Flow
Avg YoY	353.15%	170.43%
Slope	683.55%	74.58%
CAGR	—	—
LSR	—	—
Net Interest After Taxes
Avg YoY	-4.59%	-21.98%
Slope	-4.49%	-17.26%
CAGR	—	—
LSR	—	—
Net Debt Issuance
Avg YoY	23.18%	97.97%
Slope	13.33%	-10.72%
CAGR	16.38%	11.35%
LSR	16.38%	-1.76%
Levered Free Cash Flow
Avg YoY	549.71%	300.95%
Slope	80.36%	92.06%
CAGR	307.91%	—
LSR	307.91%	—