HKSE - Rexlot Holdings

Business Summary

REXLot Holdings Limited is an investment holding company. The Company is engaged in lottery system and games development business, distribution and marketing of lottery products in China. It operates in two segments: Lottery business and Financial services. The lottery business consists of development and production of lottery machines, related operating software system and networks for lottery industry, the distribution and marketing of lottery products and development of mobile value added services for lottery business in the People’s Republic of China. Its financial services segment consists of broking, securities margin financing, corporate finance and asset management, as well as money lending. As of December 31, 2011, its subsidiaries included REXCAPITAL Financial Group Limited, REXCAPITAL Financial Investment Limited, REXCAPITAL Corporate Management Limited, REXCAPITAL Securities Limited and others.

Basic Stock Information Ø

Stock Data
Market Capitalization (HKD 'mil)	7,758.16
Common Shares Outstanding ('mil)	8,731.7720
52 Week High (HKD) (22/01/2014)	1.410
52 Week Low (HKD) (16/08/2013)	0.475
52 Week Return (%)	72.920
Average Volume ('mil)	50.3897
Beta	0.78

Financial strength
Current Ratio	14.74
Quick Ratio	14.24
Long Term Debt to Equity (%)	14.73
Total Debt to Equity (%)	16.18
Interest Coverage Ratio (TTM)	11.67
Free Cash Flow to Firm (TTM) (HKD 'mln)	591.28

Margin
Gross Margin (TTM) (%)	73.13
Operating Profit Margin (TTM) (%)	50.64
Net Profit Margin (TTM) (%)	42.78

Dividend §
Annual Dividend per share (HKD)	0.0358
Dividend Yield (TTM) (%)	4.31
Dividend Yield (Annual) (%)	4.31
Payout Ratio (TTM) (%)	36.09
3-Year Growth Rate (%)	57.86

Valuation
Historical P/E Ratio	8.10
P/E Ratio (TTM)	9.11
P/BV (latest interim)	1.22
BVPS (latest interim) (HKD)	0.6830
EPS TTM (HKD)	0.0911