End-of-day quote
Shenzhen S.E.
06:00:00 2024-04-25 pm EDT
|
5-day change
|
1st Jan Change
|
264.5
CNY
|
+2.33%
|
|
+5.05%
|
+13.62%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
59,735
|
115,251
|
110,550
|
122,324
|
108,062
|
120,450
|
-
|
-
|
Enterprise Value (EV)
1 |
54,115
|
109,411
|
98,841
|
108,722
|
92,284
|
104,799
|
101,968
|
120,450
|
P/E ratio
|
32.6
x
|
73.9
x
|
54.8
x
|
44.9
x
|
26.8
x
|
23.4
x
|
19.8
x
|
16.9
x
|
Yield
|
1.1%
|
0.55%
|
0.9%
|
-
|
-
|
1.66%
|
2.06%
|
2.95%
|
Capitalization / Revenue
|
5.73
x
|
11.2
x
|
8.33
x
|
7.32
x
|
5.34
x
|
4.81
x
|
4.15
x
|
3.55
x
|
EV / Revenue
|
5.19
x
|
10.6
x
|
7.45
x
|
6.51
x
|
4.56
x
|
4.19
x
|
3.52
x
|
3.55
x
|
EV / EBITDA
|
17.5
x
|
40.4
x
|
29.1
x
|
22.9
x
|
13.9
x
|
12.9
x
|
10.2
x
|
10.6
x
|
EV / FCF
|
-
|
35.7
x
|
21.1
x
|
71.1
x
|
43.5
x
|
19.8
x
|
20.9
x
|
-
|
FCF Yield
|
-
|
2.8%
|
4.74%
|
1.41%
|
2.3%
|
5.04%
|
4.79%
|
-
|
Price to Book
|
7.65
x
|
13.6
x
|
7.8
x
|
-
|
-
|
5.24
x
|
4.76
x
|
3.36
x
|
Nbr of stocks (in thousands)
|
503,600
|
503,600
|
528,600
|
528,600
|
528,600
|
528,600
|
-
|
-
|
Reference price
2 |
135.9
|
272.0
|
244.0
|
266.9
|
232.8
|
264.5
|
264.5
|
264.5
|
Announcement Date
|
4/26/20
|
4/29/21
|
3/10/22
|
4/28/23
|
4/26/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
10,417
|
10,292
|
13,270
|
16,713
|
20,254
|
25,024
|
29,006
|
33,912
|
EBITDA
1 |
3,086
|
2,707
|
3,402
|
4,752
|
6,657
|
8,114
|
9,986
|
11,356
|
EBIT
1 |
2,823
|
2,435
|
3,102
|
4,453
|
6,283
|
7,843
|
9,828
|
13,335
|
Operating Margin
|
27.1%
|
23.65%
|
23.37%
|
26.64%
|
31.02%
|
31.34%
|
33.88%
|
39.32%
|
Earnings before Tax (EBT)
1 |
2,873
|
2,474
|
3,171
|
4,470
|
6,332
|
8,309
|
9,876
|
12,510
|
Net income
1 |
2,098
|
1,855
|
2,298
|
3,143
|
4,589
|
5,679
|
7,044
|
8,281
|
Net margin
|
20.14%
|
18.02%
|
17.32%
|
18.81%
|
22.66%
|
22.69%
|
24.29%
|
24.42%
|
EPS
2 |
4.170
|
3.680
|
4.450
|
5.950
|
8.680
|
11.30
|
13.37
|
15.66
|
Free Cash Flow
1 |
-
|
3,063
|
4,685
|
1,530
|
2,121
|
5,281
|
4,885
|
-
|
FCF margin
|
-
|
29.76%
|
35.3%
|
9.15%
|
10.47%
|
21.1%
|
16.84%
|
-
|
FCF Conversion (EBITDA)
|
-
|
113.16%
|
137.69%
|
32.19%
|
31.86%
|
65.08%
|
48.92%
|
-
|
FCF Conversion (Net income)
|
-
|
165.16%
|
203.87%
|
48.67%
|
46.21%
|
92.99%
|
69.35%
|
-
|
Dividend per Share
2 |
1.500
|
1.500
|
2.200
|
-
|
-
|
4.399
|
5.459
|
7.800
|
Announcement Date
|
4/26/20
|
4/29/21
|
3/10/22
|
4/28/23
|
4/26/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q4
|
2021 S2
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2023 S2
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
---|
Net sales
1 |
3,168
|
6,262
|
5,274
|
3,728
|
3,763
|
3,949
|
6,584
|
4,726
|
4,643
|
4,301
|
8,944
|
8,286
|
5,624
|
5,571
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
|
441.8
|
1,225
|
1,497
|
1,165
|
966.6
|
824.1
|
2,117
|
1,668
|
1,430
|
1,068
|
2,498
|
2,816
|
-
|
-
|
Operating Margin
|
13.95%
|
19.56%
|
28.39%
|
31.24%
|
25.69%
|
20.87%
|
32.15%
|
35.28%
|
30.8%
|
24.84%
|
27.94%
|
33.99%
|
-
|
-
|
Earnings before Tax (EBT)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
1,675
|
1,445
|
1,079
|
2,523
|
-
|
-
|
-
|
Net income
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
1,210
|
1,033
|
776.5
|
1,810
|
-
|
-
|
-
|
Net margin
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
25.6%
|
22.25%
|
18.06%
|
20.23%
|
-
|
-
|
-
|
EPS
2 |
0.6000
|
-
|
2.080
|
1.550
|
1.330
|
0.9900
|
2.970
|
2.290
|
1.950
|
1.470
|
3.420
|
-
|
2.940
|
2.560
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
3/10/22
|
3/10/22
|
4/29/22
|
8/30/22
|
10/30/22
|
4/28/23
|
4/28/23
|
8/30/23
|
10/27/23
|
4/26/24
|
4/26/24
|
4/26/24
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
5,620
|
5,840
|
11,709
|
13,602
|
15,778
|
15,651
|
18,482
|
-
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
-
|
3,063
|
4,685
|
1,530
|
2,121
|
5,281
|
4,885
|
-
|
ROE (net income / shareholders' equity)
|
25.6%
|
19.5%
|
21.3%
|
17.9%
|
22.9%
|
23.4%
|
24.3%
|
23.4%
|
ROA (Net income/ Total Assets)
|
-
|
12.8%
|
11%
|
-
|
-
|
15.2%
|
16.9%
|
18%
|
Assets
1 |
-
|
14,529
|
20,898
|
-
|
-
|
37,372
|
41,707
|
46,006
|
Book Value Per Share
2 |
17.80
|
19.90
|
31.30
|
-
|
-
|
50.50
|
55.60
|
78.80
|
Cash Flow per Share
2 |
3.820
|
7.190
|
10.20
|
-
|
-
|
11.90
|
14.80
|
17.20
|
Capex
1 |
408
|
562
|
570
|
1,578
|
2,375
|
1,464
|
1,449
|
1,900
|
Capex / Sales
|
3.92%
|
5.46%
|
4.29%
|
9.44%
|
11.73%
|
5.85%
|
5%
|
5.6%
|
Announcement Date
|
4/26/20
|
4/29/21
|
3/10/22
|
4/28/23
|
4/26/24
|
-
|
-
|
-
|
Last Close Price
264.5
CNY Average target price
292.5
CNY Spread / Average Target +10.58% Consensus |
1st Jan change
|
Capi.
|
---|
| +13.62% | 16.62B | | -0.96% | 296B | | +8.51% | 81.55B | | +9.34% | 42.47B | | +3.90% | 37.87B | | -8.93% | 20.81B | | -8.10% | 12.04B | | +7.26% | 10.21B | | +21.13% | 10.16B | | +4.00% | 7.61B |
Distilleries
|