End-of-day quote
Shanghai S.E.
06:00:00 2024-04-29 pm EDT
|
5-day change
|
1st Jan Change
|
6.35
CNY
|
+1.44%
|
|
-2.31%
|
+13.80%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
595,095
|
459,434
|
479,740
|
496,566
|
621,264
|
714,619
|
-
|
-
|
Enterprise Value (EV)
1 |
557,146
|
402,086
|
405,758
|
543,632
|
734,436
|
1,132,516
|
1,068,102
|
1,058,319
|
P/E ratio
|
8.82
x
|
10.7
x
|
4.98
x
|
6.09
x
|
7.63
x
|
7.65
x
|
7.31
x
|
7.15
x
|
Yield
|
7.4%
|
6.85%
|
15.9%
|
10.7%
|
9.28%
|
8.45%
|
8.89%
|
9.45%
|
Capitalization / Revenue
|
0.2
x
|
0.22
x
|
0.18
x
|
0.15
x
|
0.19
x
|
0.22
x
|
0.21
x
|
0.22
x
|
EV / Revenue
|
0.19
x
|
0.19
x
|
0.15
x
|
0.16
x
|
0.23
x
|
0.35
x
|
0.32
x
|
0.32
x
|
EV / EBITDA
|
3.05
x
|
2.78
x
|
1.89
x
|
2.82
x
|
3.96
x
|
5.14
x
|
4.76
x
|
4.46
x
|
EV / FCF
|
16.9
x
|
10.3
x
|
4.96
x
|
-9.7
x
|
-158
x
|
217
x
|
42.6
x
|
28
x
|
FCF Yield
|
5.92%
|
9.7%
|
20.1%
|
-10.3%
|
-0.63%
|
0.46%
|
2.35%
|
3.57%
|
Price to Book
|
0.69
x
|
0.48
x
|
0.46
x
|
0.51
x
|
0.55
x
|
0.63
x
|
0.61
x
|
0.59
x
|
Nbr of stocks (in thousands)
|
121,071,210
|
121,071,210
|
121,071,210
|
119,896,408
|
119,349,252
|
121,699,824
|
-
|
-
|
Reference price
2 |
4.191
|
2.921
|
2.958
|
3.330
|
3.717
|
4.320
|
4.320
|
4.320
|
Announcement Date
|
3/29/20
|
3/28/21
|
3/27/22
|
3/26/23
|
3/24/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
2,970,000
|
2,110,000
|
2,740,884
|
3,318,168
|
3,212,215
|
3,197,464
|
3,331,524
|
3,310,275
|
EBITDA
1 |
182,764
|
144,483
|
215,122
|
192,560
|
185,665
|
211,647
|
224,521
|
237,032
|
EBIT
1 |
86,198
|
50,331
|
112,414
|
96,414
|
86,744
|
99,492
|
107,426
|
111,365
|
Operating Margin
|
2.9%
|
2.39%
|
4.1%
|
2.91%
|
2.7%
|
3.11%
|
3.22%
|
3.36%
|
Earnings before Tax (EBT)
1 |
90,016
|
47,969
|
108,348
|
94,515
|
86,116
|
100,511
|
106,198
|
105,176
|
Net income
1 |
57,465
|
33,100
|
71,208
|
66,302
|
60,463
|
67,902
|
71,211
|
73,208
|
Net margin
|
1.93%
|
1.57%
|
2.6%
|
2%
|
1.88%
|
2.12%
|
2.14%
|
2.21%
|
EPS
2 |
0.4750
|
0.2730
|
0.5940
|
0.5470
|
0.4870
|
0.5649
|
0.5909
|
0.6046
|
Free Cash Flow
1 |
32,957
|
38,985
|
81,731
|
-56,046
|
-4,655
|
5,224
|
25,064
|
37,762
|
FCF margin
|
1.11%
|
1.85%
|
2.98%
|
-1.69%
|
-0.14%
|
0.16%
|
0.75%
|
1.14%
|
FCF Conversion (EBITDA)
|
18.03%
|
26.98%
|
37.99%
|
-
|
-
|
2.47%
|
11.16%
|
15.93%
|
FCF Conversion (Net income)
|
57.35%
|
117.78%
|
114.78%
|
-
|
-
|
7.69%
|
35.2%
|
51.58%
|
Dividend per Share
2 |
0.3100
|
0.2000
|
0.4700
|
0.3550
|
0.3450
|
0.3651
|
0.3841
|
0.4083
|
Announcement Date
|
3/29/20
|
3/28/21
|
3/27/22
|
3/26/23
|
3/24/24
|
-
|
-
|
-
|
Fiscal Period: December |
2020 S1
|
2020 S2
|
2021 S1
|
2021 Q4
|
2021 S2
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
---|
Net sales
1 |
-
|
1,071,738
|
-
|
737,534
|
1,479,281
|
771,386
|
840,740
|
-
|
841,196
|
864,846
|
791,331
|
802,351
|
-
|
876,259
|
742,274
|
789,967
|
807,853
|
837,453
|
809,855
|
-
|
-
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
-27,723
|
78,054
|
-
|
18,116
|
-
|
33,777
|
30,424
|
-
|
14,576
|
17,637
|
31,090
|
21,262
|
53,696
|
26,236
|
9,842
|
27,325
|
27,442
|
22,729
|
21,909
|
-
|
-
|
Operating Margin
|
-
|
7.28%
|
-
|
2.46%
|
-
|
4.38%
|
3.62%
|
-
|
1.73%
|
2.04%
|
3.93%
|
2.65%
|
-
|
2.99%
|
1.33%
|
3.46%
|
3.4%
|
2.71%
|
2.71%
|
-
|
-
|
Earnings before Tax (EBT)
|
-28,012
|
75,981
|
-
|
14,605
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
|
-22,882
|
54,821
|
39,954
|
11,316
|
-
|
23,338
|
21,113
|
-
|
13,130
|
-
|
20,740
|
14,371
|
35,111
|
-
|
-
|
18,721
|
-
|
-
|
-
|
-
|
-
|
Net margin
|
-
|
5.12%
|
-
|
1.53%
|
-
|
3.03%
|
2.51%
|
-
|
1.56%
|
-
|
2.62%
|
1.79%
|
-
|
-
|
-
|
2.37%
|
-
|
-
|
-
|
-
|
-
|
EPS
2 |
-
|
-
|
0.3300
|
0.0920
|
-
|
0.1930
|
0.1740
|
-
|
0.1080
|
0.0720
|
0.1730
|
0.1200
|
-
|
0.1490
|
0.0360
|
0.1560
|
0.1650
|
0.1250
|
0.1050
|
0.2000
|
0.1800
|
Dividend per Share
|
0.0700
|
-
|
0.1600
|
-
|
0.3100
|
-
|
-
|
0.1600
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
8/31/20
|
3/28/21
|
8/29/21
|
3/27/22
|
3/27/22
|
4/27/22
|
8/28/22
|
8/28/22
|
10/28/22
|
3/26/23
|
4/27/23
|
8/27/23
|
8/27/23
|
10/26/23
|
3/24/24
|
4/28/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
47,066
|
113,172
|
417,897
|
353,483
|
343,700
|
Net Cash position
1 |
37,949
|
57,348
|
73,982
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
0.2444
x
|
0.6095
x
|
1.898
x
|
1.574
x
|
1.45
x
|
Free Cash Flow
1 |
32,957
|
38,985
|
81,731
|
-56,046
|
-4,655
|
5,224
|
25,064
|
37,762
|
ROE (net income / shareholders' equity)
|
7.89%
|
4.44%
|
9.47%
|
8.5%
|
7.59%
|
8.08%
|
8.05%
|
8.14%
|
ROA (Net income/ Total Assets)
|
3.43%
|
1.89%
|
3.97%
|
3.45%
|
2.93%
|
3.39%
|
3.47%
|
3.5%
|
Assets
1 |
1,675,364
|
1,755,968
|
1,794,737
|
1,918,924
|
2,061,332
|
2,002,426
|
2,051,829
|
2,090,757
|
Book Value Per Share
2 |
6.110
|
6.120
|
6.390
|
6.550
|
6.730
|
6.870
|
7.090
|
7.330
|
Cash Flow per Share
2 |
1.270
|
1.380
|
1.860
|
0.9600
|
1.350
|
1.800
|
1.590
|
2.260
|
Capex
1 |
141,142
|
128,533
|
143,443
|
172,315
|
166,130
|
172,095
|
160,903
|
155,567
|
Capex / Sales
|
4.75%
|
6.09%
|
5.23%
|
5.19%
|
5.17%
|
5.38%
|
4.83%
|
4.7%
|
Announcement Date
|
3/29/20
|
3/28/21
|
3/27/22
|
3/26/23
|
3/24/24
|
-
|
-
|
-
|
Last Close Price
4.32
CNY Average target price
4.954
CNY Spread / Average Target +14.69% Consensus |