Financials BEST Inc.

Equities

BEST

US08653C6012

Air Freight & Logistics

Delayed Nyse 10:04:44 2024-05-15 am EDT 5-day change 1st Jan Change
1.965 USD -0.24% Intraday chart for BEST Inc. -5.30% -22.99%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 10,941 15,193 5,130 2,102 298.2 360
Enterprise Value (EV) 1 10,090 20,678 13,133 4,240 3,151 3,174
P/E ratio -21.4 x -74.3 x -2.55 x 8.01 x -0.2 x -0.42 x
Yield - - - - - -
Capitalization / Revenue 0.39 x 0.43 x 0.17 x 0.18 x 0.04 x 0.04 x
EV / Revenue 0.36 x 0.59 x 0.44 x 0.37 x 0.41 x 0.38 x
EV / EBITDA -51.4 x 124 x -11.1 x -3.33 x -2.55 x -4.75 x
EV / FCF -4.63 x -10 x -7.29 x -1.58 x -23.9 x -3.31 x
FCF Yield -21.6% -9.96% -13.7% -63.1% -4.19% -30.2%
Price to Book 2.68 x 3.87 x 2.98 x 1.04 x 0.43 x -3.67 x
Nbr of stocks (in thousands) 19,360 19,626 19,270 19,435 19,650 19,880
Reference price 2 565.2 774.1 266.2 108.2 15.17 18.11
Announcement Date 4/11/19 4/17/20 4/16/21 4/18/22 4/21/23 4/30/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 27,961 35,176 29,995 11,426 7,744 8,316
EBITDA 1 -196.4 167 -1,178 -1,272 -1,237 -668
EBIT 1 -658 -325.8 -1,693 -1,463 -1,426 -857.2
Operating Margin -2.35% -0.93% -5.65% -12.8% -18.42% -10.31%
Earnings before Tax (EBT) 1 -496.5 -200.8 -1,661 -1,261 -1,464 -907.5
Net income 1 -508 -202.4 -2,026 261.9 -1,463 -814.4
Net margin -1.82% -0.58% -6.75% 2.29% -18.9% -9.79%
EPS 2 -26.43 -10.42 -104.6 13.50 -74.62 -42.70
Free Cash Flow 1 -2,178 -2,059 -1,802 -2,676 -132 -957.8
FCF margin -7.79% -5.85% -6.01% -23.42% -1.7% -11.52%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 4/11/19 4/17/20 4/16/21 4/18/22 4/21/23 4/30/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - 5,485 8,003 2,137 2,853 2,814
Net Cash position 1 851 - - - - -
Leverage (Debt/EBITDA) - 32.85 x -6.791 x -1.681 x -2.306 x -4.213 x
Free Cash Flow 1 -2,178 -2,059 -1,802 -2,676 -132 -958
ROE (net income / shareholders' equity) -11.9% -5.44% -59.7% -64.1% -97% -248%
ROA (Net income/ Total Assets) -3.54% -1.28% -5.38% -5.86% -9.32% -7.63%
Assets 1 14,357 15,835 37,667 -4,471 15,706 10,674
Book Value Per Share 2 211.0 200.0 89.20 104.0 35.50 -4.930
Cash Flow per Share 2 83.10 102.0 70.50 180.0 27.10 21.40
Capex 1 2,634 1,498 1,585 160 143 130
Capex / Sales 9.42% 4.26% 5.29% 1.4% 1.85% 1.56%
Announcement Date 4/11/19 4/17/20 4/16/21 4/18/22 4/21/23 4/30/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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