Chaoju Eye Care Holdings Limited (2219.HK)

Analysis: Growth Rates Industry: Medical - Care Facilities Sector: Healthcare Live Price: $2.69

Enterprise Value

Metric / Stat	3Y	5Y
Stock Price
Avg YoY	-13.46%	-27.79%
Slope	-15.39%	-35.87%
CAGR	-15.35%	-31.05%
LSR	-15.35%	-27.82%
Market Capitalization
Avg YoY	-13.17%	-27.68%
Slope	-15.05%	-35.80%
CAGR	-15.02%	-30.94%
LSR	-15.02%	-27.74%
(-) Cash & Equivalents
Avg YoY	9.76%	55.21%
Slope	-9.96%	-2.53%
CAGR	-8.10%	17.08%
LSR	-8.10%	1.55%
(+) Total Debt
Avg YoY	6.60%	12.11%
Slope	6.41%	7.96%
CAGR	6.57%	11.09%
LSR	6.57%	8.86%
Enterprise Value
Avg YoY	-7.34%	-26.85%
Slope	-14.68%	-41.49%
CAGR	-16.10%	-36.34%
LSR	-16.10%	-30.22%

Income Statement

Metric / Stat	3Y	5Y
Revenue
Avg YoY	20.48%	16.45%
Slope	16.55%	14.34%
CAGR	19.15%	15.33%
LSR	19.15%	15.70%
Cost of Revenue
Avg YoY	20.44%	16.37%
Slope	17.07%	14.52%
CAGR	19.58%	15.59%
LSR	19.58%	15.82%
Gross Profit
Avg YoY	20.65%	16.64%
Slope	15.89%	14.12%
CAGR	18.59%	15.00%
LSR	18.59%	15.53%
Gross Margin
Avg YoY	-0.40%	-0.24%
Slope	-0.47%	-0.14%
CAGR	-0.47%	-0.29%
LSR	-0.47%	-0.14%
SG&A Expenses
Avg YoY	28.60%	62.62%
Slope	22.80%	27.78%
CAGR	27.33%	47.55%
LSR	27.33%	41.76%
Operating Expenses
Avg YoY	30.64%	23.65%
Slope	23.82%	19.52%
CAGR	28.98%	21.92%
LSR	28.98%	21.97%
Operating Income (EBIT)
Avg YoY	12.26%	11.34%
Slope	6.90%	8.24%
CAGR	7.96%	8.07%
LSR	7.96%	8.92%
Operating Margin
Avg YoY	-8.60%	-5.67%
Slope	-9.40%	-5.73%
CAGR	-9.39%	-6.30%
LSR	-9.39%	-5.86%
Interest Income
Avg YoY	37.81%	83.19%
Slope	23.99%	44.08%
CAGR	31.26%	71.32%
LSR	31.26%	80.55%
Interest Expense
Avg YoY	-5.05%	-3.64%
Slope	-5.36%	-2.16%
CAGR	-5.37%	-4.38%
LSR	-5.37%	-2.09%
Net Interest Income
Avg YoY	81.02%	-127.54%
Slope	38.76%	89.80%
CAGR	61.61%	—
LSR	61.61%	—
Other Income / Expense
Avg YoY	21.72%	-44.08%
Slope	8.83%	236.07%
CAGR	7.98%	—
LSR	7.98%	—
Unusual Items
Avg YoY	21.72%	-44.08%
Slope	-8.83%	-236.07%
CAGR	—	—
LSR	—	—
EBT excl. Unusual
Avg YoY	5.84%	27.19%
Slope	4.94%	20.94%
CAGR	5.26%	24.98%
LSR	5.26%	26.86%
Pre-Tax Income
Avg YoY	6.46%	15.02%
Slope	4.42%	12.78%
CAGR	4.82%	13.62%
LSR	4.82%	14.72%
Pre-Tax Margin
Avg YoY	-11.99%	-0.80%
Slope	-12.66%	-0.74%
CAGR	-12.03%	-1.48%
LSR	-12.03%	-0.84%
Income Tax Expense
Avg YoY	18.90%	21.55%
Slope	14.63%	17.34%
CAGR	16.95%	19.84%
LSR	16.95%	20.23%
Net Income
Avg YoY	3.57%	13.38%
Slope	1.80%	11.64%
CAGR	1.93%	11.96%
LSR	1.93%	13.33%
Net Margin
Avg YoY	-14.41%	-2.03%
Slope	-15.39%	-1.84%
CAGR	-14.45%	-2.92%
LSR	-14.45%	-2.05%
Depreciation & Amortization
Avg YoY	20.50%	17.02%
Slope	18.31%	16.46%
CAGR	20.45%	16.88%
LSR	20.45%	17.79%
EBITDA
Avg YoY	14.36%	12.55%
Slope	10.61%	10.77%
CAGR	12.10%	10.93%
LSR	12.10%	11.69%
EBITDA Margin
Avg YoY	-5.79%	-3.73%
Slope	-5.99%	-3.44%
CAGR	-5.92%	-3.82%
LSR	-5.92%	-3.46%
NOPAT
Avg YoY	12.26%	11.34%
Slope	6.90%	8.24%
CAGR	7.96%	8.07%
LSR	7.96%	8.92%
NOPAT Margin
Avg YoY	-8.60%	-5.67%
Slope	-9.40%	-5.73%
CAGR	-9.39%	-6.30%
LSR	-9.39%	-5.86%
Owner's Earnings
Avg YoY	33.72%	19.83%
Slope	24.08%	16.05%
CAGR	30.23%	16.57%
LSR	30.23%	17.21%
Owner's Earnings Margin
Avg YoY	9.67%	1.64%
Slope	8.64%	1.34%
CAGR	9.31%	1.07%
LSR	9.31%	1.31%
EPS (Basic)
Avg YoY	4.45%	13.74%
Slope	2.44%	10.23%
CAGR	2.64%	11.59%
LSR	2.64%	11.82%
EPS (Diluted)
Avg YoY	4.75%	13.89%
Slope	2.81%	10.36%
CAGR	3.04%	11.81%
LSR	3.04%	11.97%
Shares (Basic)
Avg YoY	-0.69%	0.65%
Slope	-0.70%	1.31%
CAGR	-0.69%	0.33%
LSR	-0.69%	1.35%
Shares (Diluted)
Avg YoY	-1.07%	0.45%
Slope	-1.08%	1.17%
CAGR	-1.07%	0.14%
LSR	-1.07%	1.21%

Balance Sheet

Metric / Stat	3Y	5Y
Cash & Cash Equivalents
Avg YoY	9.76%	55.21%
Slope	-9.96%	-2.53%
CAGR	-8.10%	17.08%
LSR	-8.10%	1.55%
Short-Term Investments
Avg YoY	10.12%	15.14%
Slope	2.27%	32.26%
CAGR	2.66%	—
LSR	2.66%	—
Cash & Short-Term Investments
Avg YoY	-3.19%	87.67%
Slope	-3.33%	12.82%
CAGR	-3.24%	38.75%
LSR	-3.24%	26.82%
Net Receivables
Avg YoY	8.04%	5.54%
Slope	-2.90%	4.25%
CAGR	-3.45%	-0.45%
LSR	-3.45%	3.57%
Inventory
Avg YoY	-10.82%	3.06%
Slope	-11.57%	3.72%
CAGR	-11.35%	1.35%
LSR	-11.35%	3.86%
Other Current Assets
Avg YoY	-100.00%	-100.00%
Slope	491.29%	213.76%
CAGR	—	—
LSR	—	—
Total Current Assets
Avg YoY	-1.15%	69.04%
Slope	-1.16%	12.72%
CAGR	-1.16%	34.01%
LSR	-1.16%	23.92%
Property, Plant & Equipment
Avg YoY	4.50%	8.54%
Slope	4.40%	6.64%
CAGR	4.45%	8.28%
LSR	4.45%	7.12%
Goodwill
Avg YoY	36.04%	85.75%
Slope	21.73%	43.35%
CAGR	28.30%	59.91%
LSR	28.30%	75.65%
Intangible Assets
Avg YoY	42.80%	35.08%
Slope	27.24%	30.15%
CAGR	36.23%	30.68%
LSR	36.23%	37.21%
Long-Term Investments
Avg YoY	54.87%	-96.88%
Slope	23.85%	65.45%
CAGR	34.73%	—
LSR	34.73%	—
Tax Assets
Avg YoY	-100.00%	-24.92%
Slope	-150.00%	-46.78%
CAGR	—	—
LSR	—	—
Other Non-Current Assets
Avg YoY	53.94%	27.71%
Slope	32.88%	38.23%
CAGR	45.97%	—
LSR	45.97%	—
Total Non-Current Assets
Avg YoY	16.15%	21.73%
Slope	13.14%	19.92%
CAGR	14.89%	20.81%
LSR	14.89%	23.42%
Total Assets
Avg YoY	4.66%	39.90%
Slope	4.35%	15.34%
CAGR	4.53%	27.80%
LSR	4.53%	22.34%
Accounts Payable
Avg YoY	12.55%	8.49%
Slope	10.41%	9.14%
CAGR	11.55%	7.93%
LSR	11.55%	9.52%
Short-Term Debt
Avg YoY	-19.99%	13.41%
Slope	-27.10%	4.02%
CAGR	-22.43%	4.05%
LSR	-22.43%	4.78%
Tax Payables
Avg YoY	37.57%	5.31%
Slope	-39.99%	-31.76%
CAGR	—	—
LSR	—	—
Other Current Liabilities
Avg YoY	—	—
Slope	150.00%	100.00%
CAGR	—	—
LSR	—	—
Total Current Liabilities
Avg YoY	158.08%	78.34%
Slope	82.30%	43.07%
CAGR	123.69%	48.27%
LSR	123.69%	39.24%
Long-Term Debt
Avg YoY	—	-41.79%
Slope	150.00%	92.71%
CAGR	—	164.87%
LSR	—	—
Capital Lease Obligations
Avg YoY	-0.53%	8.31%
Slope	-0.77%	4.74%
CAGR	-0.79%	6.78%
LSR	-0.79%	5.46%
Deferred Tax Liabilities
Avg YoY	-25.34%	-4.10%
Slope	-60.16%	-10.66%
CAGR	—	—
LSR	—	—
Other Non-Current Liabilities
Avg YoY	190.81%	269.19%
Slope	82.81%	72.63%
CAGR	115.45%	163.53%
LSR	115.45%	164.62%
Total Non-Current Liabilities
Avg YoY	7.52%	13.01%
Slope	7.08%	9.53%
CAGR	7.44%	12.08%
LSR	7.44%	10.68%
Total Liabilities
Avg YoY	44.34%	28.69%
Slope	36.11%	21.15%
CAGR	41.45%	25.82%
LSR	41.45%	21.58%
Common Stock
Avg YoY	1.09%	17.63%
Slope	1.08%	6.98%
CAGR	1.09%	12.91%
LSR	1.09%	9.00%
Retained Earnings
Avg YoY	11.04%	27.28%
Slope	6.78%	21.44%
CAGR	7.71%	24.32%
LSR	7.71%	27.36%
Accumulated OCI
Avg YoY	11.70%	68.66%
Slope	11.00%	19.29%
CAGR	11.34%	42.04%
LSR	11.34%	31.56%
Minority Interest
Avg YoY	-36.52%	-19.38%
Slope	-42.82%	-18.82%
CAGR	-37.13%	-21.66%
LSR	-37.13%	-20.16%
Total Shareholders’ Equity
Avg YoY	10.87%	58.10%
Slope	10.35%	19.60%
CAGR	10.83%	38.83%
LSR	10.83%	30.49%
Total Equity
Avg YoY	10.45%	56.00%
Slope	9.97%	19.23%
CAGR	10.41%	37.75%
LSR	10.41%	29.63%
Total Liabilities & Equity
Avg YoY	14.36%	48.03%
Slope	13.47%	19.49%
CAGR	14.20%	35.34%
LSR	14.20%	27.94%
Tangible Assets
Avg YoY	1.95%	40.62%
Slope	1.90%	13.21%
CAGR	1.93%	26.27%
LSR	1.93%	19.94%
Tangible Equity
Avg YoY	8.40%	59.96%
Slope	7.96%	17.18%
CAGR	8.08%	37.12%
LSR	8.08%	27.55%
Tangible Book Value
Avg YoY	8.40%	59.96%
Slope	7.96%	17.18%
CAGR	8.08%	37.12%
LSR	8.08%	27.55%
Total Investments
Avg YoY	65.62%	36.30%
Slope	0.47%	29.60%
CAGR	0.78%	—
LSR	0.78%	—
Net Debt
Avg YoY	6.54%	54.42%
Slope	12.30%	3.45%
CAGR	—	—
LSR	—	—

Capital Structure

Metric / Stat	3Y	5Y
Working Capital
Avg YoY	-5.49%	103.63%
Slope	-5.88%	11.93%
CAGR	-5.62%	41.16%
LSR	-5.62%	27.75%
Total Capital
Avg YoY	2.45%	46.60%
Slope	2.36%	15.18%
CAGR	2.41%	30.10%
LSR	2.41%	23.49%
Capital Employed
Avg YoY	2.42%	45.80%
Slope	2.32%	15.17%
CAGR	2.37%	29.80%
LSR	2.37%	23.35%
Invested Capital
Avg YoY	11.89%	49.37%
Slope	7.37%	25.33%
CAGR	8.42%	39.05%
LSR	8.42%	38.29%

Cash Flow

Metric / Stat	3Y	5Y
Net Income
Avg YoY	-3.71%	10.01%
Slope	-8.05%	6.13%
CAGR	-8.70%	5.33%
LSR	-8.70%	6.79%
Depreciation & Amortization
Avg YoY	21.82%	16.96%
Slope	19.34%	15.25%
CAGR	21.76%	16.72%
LSR	21.76%	16.38%
Deferred Income Tax
Avg YoY	—	-38.07%
Slope	—	63.29%
CAGR	—	—
LSR	—	—
Stock-Based Compensation
Avg YoY	203.51%	90.68%
Slope	60.44%	14.17%
CAGR	138.08%	14.87%
LSR	138.08%	13.20%
Change in Working Capital
Avg YoY	10.56%	-6.58%
Slope	9.87%	53.03%
CAGR	10.06%	15.56%
LSR	10.06%	—
Accounts Receivable
Avg YoY	-138.15%	115.48%
Slope	-278.74%	-384.65%
CAGR	—	—
LSR	—	—
Inventory
Avg YoY	100.71%	-5.76%
Slope	1,014.52%	280.16%
CAGR	—	—
LSR	—	—
Accounts Payable
Avg YoY	100.00%	-212.74%
Slope	150.00%	38.12%
CAGR	—	—
LSR	—	—
Other Working Capital
Avg YoY	8.22%	2.54%
Slope	1.51%	50.70%
CAGR	1.36%	22.34%
LSR	1.36%	—
Other Non-Cash Items
Avg YoY	36.52%	-900.66%
Slope	47.06%	-40.88%
CAGR	-46.07%	—
LSR	-46.07%	—
Net Cash from Operating Activities
Avg YoY	17.01%	10.33%
Slope	13.13%	9.95%
CAGR	15.08%	9.10%
LSR	15.08%	10.39%
Capital Expenditures (PPE)
Avg YoY	67.58%	6.35%
Slope	91.00%	14.47%
CAGR	—	—
LSR	—	—
Acquisitions (Net)
Avg YoY	-0.30%	33.14%
Slope	49.90%	-31.11%
CAGR	—	—
LSR	—	—
Purchases of Investments
Avg YoY	57.48%	-55.07%
Slope	81.07%	-13.89%
CAGR	—	—
LSR	—	—
Sales / Maturities of Investments
Avg YoY	-62.40%	-62.40%
Slope	-85.62%	21.46%
CAGR	—	—
LSR	—	—
Other Investing Activities
Avg YoY	697.62%	302.90%
Slope	152.94%	83.66%
CAGR	4,058.21%	84.19%
LSR	—	—
Net Cash from Investing Activities
Avg YoY	47.55%	-393.05%
Slope	122.34%	18.03%
CAGR	—	—
LSR	—	—
Net Debt Issuance
Avg YoY	245.11%	-1,869.06%
Slope	297.74%	75.94%
CAGR	—	—
LSR	—	—
Long-Term Debt Issuance
Avg YoY	100.00%	-47.46%
Slope	2,606.63%	451.80%
CAGR	—	—
LSR	—	—
Short-Term Debt Issuance
Avg YoY	80.11%	-686.70%
Slope	107.63%	62.60%
CAGR	-89.08%	-74.53%
LSR	-89.08%	-57.32%
Net Stock Issuance
Avg YoY	-32.12%	263.87%
Slope	33.73%	-57.48%
CAGR	-60.13%	—
LSR	-60.13%	—
Common Stock Issuance
Avg YoY	-29.04%	265.41%
Slope	41.89%	-57.20%
CAGR	—	—
LSR	—	—
Common Stock Repurchased
Avg YoY	100.00%	100.00%
Slope	108.85%	-13.72%
CAGR	-60.13%	—
LSR	—	—
Net Dividends Paid
Avg YoY	-112.51%	-109.99%
Slope	-71.01%	-37.95%
CAGR	109.58%	67.58%
LSR	109.58%	49.06%
Common Dividends Paid
Avg YoY	-90.36%	-98.92%
Slope	-61.28%	-32.51%
CAGR	89.91%	59.53%
LSR	89.91%	43.30%
Preferred Dividends Paid
Avg YoY	—	—
Slope	-150.00%	-100.00%
CAGR	—	—
LSR	—	—
Other Financing Activities
Avg YoY	-2,466.12%	-1,228.16%
Slope	-89.15%	14.31%
CAGR	776.65%	-1.03%
LSR	776.65%	-10.81%
Net Cash from Financing Activities
Avg YoY	-34.72%	804.21%
Slope	-29.79%	-163.67%
CAGR	34.37%	—
LSR	34.37%	—
Effect of FX on Cash
Avg YoY	22.60%	-1,423.90%
Slope	-87.26%	47.80%
CAGR	-52.17%	—
LSR	-52.17%	—
Net Change in Cash
Avg YoY	55.12%	103.29%
Slope	200.58%	-87.60%
CAGR	—	16.14%
LSR	—	—
Cash at Beginning of Period
Avg YoY	-37.18%	46.07%
Slope	-43.72%	13.88%
CAGR	-38.62%	17.74%
LSR	-38.62%	22.43%
Cash at End of Period
Avg YoY	160.10%	108.28%
Slope	174.33%	-3.67%
CAGR	—	17.08%
LSR	—	—
Operating Cash Flow
Avg YoY	17.01%	10.33%
Slope	13.13%	9.95%
CAGR	15.08%	9.10%
LSR	15.08%	10.39%
Capital Expenditure
Avg YoY	27.40%	-13.74%
Slope	31.88%	-5.40%
CAGR	-27.44%	5.08%
LSR	-27.44%	6.71%
Free Cash Flow
Avg YoY	60.21%	23.97%
Slope	40.07%	16.33%
CAGR	56.26%	15.77%
LSR	56.26%	15.90%

Free Cash Flow

Metric / Stat	3Y	5Y
EBITDA
Avg YoY	19.90%	5.85%
Slope	11.25%	3.30%
CAGR	13.60%	1.43%
LSR	13.60%	3.13%
(-) Tax Adjustment
Avg YoY	34.00%	13.39%
Slope	20.77%	8.10%
CAGR	26.76%	6.98%
LSR	26.76%	8.08%
Change In Working Capital
Avg YoY	10.56%	-6.58%
Slope	9.87%	53.03%
CAGR	10.06%	15.56%
LSR	10.06%	—
Capital Expenditure
Avg YoY	27.40%	-13.74%
Slope	31.88%	-5.40%
CAGR	—	—
LSR	—	—
Unlevered Free Cash Flow
Avg YoY	108.95%	40.75%
Slope	33.98%	-3.86%
CAGR	60.88%	-3.97%
LSR	60.88%	-3.58%
Net Interest After Taxes
Avg YoY	76.34%	193.79%
Slope	36.53%	91.30%
CAGR	57.13%	—
LSR	57.13%	—
Net Debt Issuance
Avg YoY	245.11%	-1,869.06%
Slope	297.74%	75.94%
CAGR	—	—
LSR	—	—
Levered Free Cash Flow
Avg YoY	315.19%	148.03%
Slope	97.98%	4.17%
CAGR	—	8.73%
LSR	—	—