Financials China Youran Dairy Group Limited

Equities

9858

KYG2163J1004

Food Processing

Market Closed - Hong Kong S.E. Other stock markets 04:08:25 2024-05-27 am EDT			5-day change	1st Jan Change
1.26 ^HKD	-0.79%		-9.35%	-14.29%

Apr. 26	China Youran Dairy Swings to Loss in 2023	MT
Mar. 27	China Youran Dairy Group Limited Reports Earnings Results for the Full Year Ended December 31, 2023	CI

Valuation

Fiscal Period: December	2021	2022	2023	2024	2025	2026
Capitalization ¹	12,865	7,240	5,071	4,437	-	-
Enterprise Value (EV) ¹	12,865	25,946	5,071	4,437	4,437	4,437
P/E ratio	7.67 x	17.2 x	-4.85 x	6.98 x	4.55 x	3.52 x
Yield	-	-	-	-	-	-
Capitalization / Revenue	0.84 x	0.4 x	0.27 x	0.22 x	0.2 x	0.18 x
EV / Revenue	0.84 x	0.4 x	0.27 x	0.22 x	0.2 x	0.18 x
EV / EBITDA	3.1 x	1.77 x	1.11 x	1 x	0.88 x	0.79 x
EV / FCF	-	-1,437,033 x	-	-	-	-
FCF Yield	-	-0%	-	-	-	-
Price to Book	0.91 x	0.55 x	-	0.35 x	0.33 x	0.31 x
Nbr of stocks (in thousands)	3,795,404	3,795,404	3,795,404	3,795,404	-	-
Reference price ²	4.160	2.160	1.470	1.260	1.260	1.260
Announcement Date	3/30/22	3/30/23	3/27/24	-	-	-

¹HKD in Million²HKD

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	-	15,346	18,051	18,694	20,569	22,444	24,063
EBITDA ¹	-	4,154	4,094	4,574	4,439	5,057	5,594
EBIT ¹	-	3,451	3,210	3,456	4,025	4,672	5,194
Operating Margin	-	22.49%	17.78%	18.48%	19.57%	20.81%	21.59%
Earnings before Tax (EBT) ¹	-	2,095	475.3	-1,360	740.8	1,306	1,785
Net income ¹	1,341	1,558	414.8	-1,050	619	1,015	1,216
Net margin	-	10.15%	2.3%	-5.62%	3.01%	4.52%	5.06%
EPS ²	0.4852	0.5425	0.1254	-0.3031	0.1805	0.2770	0.3580
Free Cash Flow	-	-	-5,038	-	-	-	-
FCF margin	-	-	-27.91%	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-	-
Dividend per Share	-	-	-	-	-	-	-
Announcement Date	6/7/21	3/30/22	3/30/23	3/27/24	-	-	-

¹CNY in Million²HKD

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2022 S1
Net sales	-
EBITDA	-
EBIT	-
Operating Margin	-
Earnings before Tax (EBT)	-
Net income ¹	219.3
Net margin	-
EPS ²	0.0682
Dividend per Share	-
Announcement Date	8/29/22

¹CNY in Million²HKD

Estimates

Balance Sheet Analysis

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026
Net Debt	-	-	18,706	-	-	-	-
Net Cash position	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	4.569 x	-	-	-	-
Free Cash Flow	-	-	-5,038	-	-	-	-
ROE (net income / shareholders' equity)	-	14.8%	6.78%	-	5.13%	8.11%	9.84%
ROA (Net income/ Total Assets)	-	-	1.1%	-	1.17%	1.75%	2.1%
Assets ¹	-	-	37,703	-	52,902	58,012	57,835
Book Value Per Share ²	-	4.560	3.930	-	3.600	3.780	4.010
Cash Flow per Share ²	-	0.7800	0.7700	-	1.440	1.560	1.720
Capex ¹	-	-	7,586	-	7,352	7,131	7,094
Capex / Sales	-	-	42.03%	-	35.74%	31.77%	29.48%
Announcement Date	6/7/21	3/30/22	3/30/23	3/27/24	-	-	-

¹CNY in Million²HKD

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Ratings for China Youran Dairy Group Limited

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

1.26 HKD

Average target price

2.057 HKD

Spread / Average Target

+63.23%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

Sector Dairy Products

	1st Jan change	Capi.
CHINA YOURAN DAIRY GROUP LIMITED	-14.29%	617M
INNER MONGOLIA YILI INDUSTRIAL GROUP CO., LTD.	+8.49%	25.3B
CHINA MENGNIU DAIRY COMPANY LIMITED	-25.52%	7.71B
WANT WANT CHINA HOLDINGS LIMITED	-0.64%	6.89B
NESTLÉ (MALAYSIA)	+8.33%	6.37B
EMMI AG	+1.10%	5.44B
VIETNAM DAIRY PRODUCTS	-2.22%	5.42B
GLANBIA PLC	+23.94%	5.22B
CHINA FEIHE LIMITED	-3.75%	4.69B
HEBEI YANGYUAN ZHIHUI BEVERAGE CO., LTD.	+21.21%	4.45B

Dairy Products