BAIRONG INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 9.53 HKD | -1.75% |
|
-9.41% | -29.51% |
| Apr. 15 | Bairong Inc. Announces the Resignation of Cathryn Xie Jianing as Executive Director | CI |
| Mar. 25 | Bairong's 2023 Profit Jumps as Revenue Surges 31% | MT |
Valuation
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 4,048 | 4,544 | 5,808 | 4,161 | - | - |
| Enterprise Value (EV) 1 | 660 | 3,787 | 5,808 | 2,324 | 1,741 | 4,161 |
| P/E ratio | -0.93 x | 20 x | 18.1 x | 11 x | 8.83 x | 6.68 x |
| Yield | - | - | - | - | - | - |
| Capitalization / Revenue | 2.49 x | 2.21 x | 2.17 x | 1.35 x | 1.12 x | 0.96 x |
| EV / Revenue | 0.41 x | 1.84 x | 2.17 x | 0.75 x | 0.47 x | 0.96 x |
| EV / EBITDA | 2.83 x | 14.4 x | 15.5 x | 4.84 x | 2.8 x | - |
| EV / FCF | 2.7 x | 13.6 x | - | 8.33 x | 3.71 x | - |
| FCF Yield | 37% | 7.34% | - | 12% | 26.9% | - |
| Price to Book | 1.03 x | - | - | 0.92 x | 0.84 x | 0.8 x |
| Nbr of stocks (in thousands) | 477,730 | 483,546 | 472,659 | 471,015 | - | - |
| Reference price 2 | 8.474 | 9.397 | 12.29 | 8.834 | 8.834 | 8.834 |
| Announcement Date | 3/23/22 | 3/22/23 | 3/25/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,137 | 1,623 | 2,054 | 2,681 | 3,081 | 3,723 | 4,325 |
| EBITDA 1 | - | 233.5 | 263.5 | 374.7 | 480.4 | 622.5 | - |
| EBIT 1 | - | 80.04 | 234.8 | 346.8 | 392.4 | 524.2 | 678.1 |
| Operating Margin | - | 4.93% | 11.43% | 12.93% | 12.74% | 14.08% | 15.68% |
| Earnings before Tax (EBT) 1 | - | -3,597 | 228.6 | 336.2 | 383.5 | 513.5 | 670.9 |
| Net income 1 | -110.6 | -3,603 | 239.7 | 340.5 | 400.1 | 501.7 | 662.8 |
| Net margin | -9.73% | -221.93% | 11.67% | 12.7% | 12.99% | 13.48% | 15.33% |
| EPS 2 | -0.8100 | -9.160 | 0.4700 | 0.6800 | 0.8050 | 1.000 | 1.323 |
| Free Cash Flow 1 | - | 244 | 278 | - | 279 | 469 | - |
| FCF margin | - | 15.03% | 13.53% | - | 9.06% | 12.6% | - |
| FCF Conversion (EBITDA) | - | 104.52% | 105.5% | - | 58.07% | 75.34% | - |
| FCF Conversion (Net income) | - | - | 115.99% | - | 69.72% | 93.48% | - |
| Dividend per Share | - | - | - | - | - | - | - |
| Announcement Date | 4/15/21 | 3/23/22 | 3/22/23 | 3/25/24 | - | - | - |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - |
| Net Cash position 1 | - | 3,388 | 757 | - | 1,837 | 2,420 | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - |
| Free Cash Flow 1 | - | 244 | 278 | - | 279 | 469 | - |
| ROE (net income / shareholders' equity) | - | 9.89% | 3.49% | - | 8.62% | 9.99% | 12.4% |
| ROA (Net income/ Total Assets) | - | 4.55% | 3.2% | - | 7.29% | 8.49% | 10.9% |
| Assets 1 | - | -79,135 | 7,486 | - | 5,486 | 5,911 | 6,058 |
| Book Value Per Share 2 | - | 8.250 | - | - | 9.610 | 10.50 | 11.00 |
| Cash Flow per Share 2 | - | 0.6700 | 0.5900 | - | 0.7200 | 0.9400 | 1.080 |
| Capex 1 | - | 21.1 | 24.5 | - | 143 | 116 | 91 |
| Capex / Sales | - | 1.3% | 1.19% | - | 4.64% | 3.12% | 2.1% |
| Announcement Date | 4/15/21 | 3/23/22 | 3/22/23 | 3/25/24 | - | - | - |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
BUY
Number of Analysts
6
Last Close Price
8.834
CNY
Average target price
17.3
CNY
Spread / Average Target
+95.83%
EPS Revisions
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -29.51% | 575M | |
| +10.14% | 3.65B | |
| -2.19% | 2.93B | |
| -35.77% | 1.55B | |
| -55.86% | 773M | |
| -15.42% | 329M | |
| -30.48% | 293M | |
| -13.91% | 203M | |
| -6.48% | 189M | |
| -25.48% | 132M |
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- Financials Bairong Inc.
