DADA NEXUS LIMITED |
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
| 1.865 USD | -0.27% |
|
+1.10% | -44.58% |
| May. 21 | Mizuho Securities Adjusts Price Target on Dada Nexus to $5 From $6, Maintains Buy Rating | MT |
| May. 16 | Transcript : Dada Nexus Limited, Q1 2024 Earnings Call, May 15, 2024 |
Valuation
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 55,636 | 19,555 | 12,287 | 6,174 | 3,582 | - | - |
| Enterprise Value (EV) 1 | 50,115 | 19,084 | 8,017 | 6,174 | 416.8 | 635.2 | 593 |
| P/E ratio | -19.1 x | -8.04 x | -6.07 x | -3.13 x | -3.92 x | 27 x | 63.5 x |
| Yield | - | - | - | - | - | - | - |
| Capitalization / Revenue | 9.69 x | 2.85 x | 1.31 x | 0.59 x | 0.37 x | 0.28 x | 0.28 x |
| EV / Revenue | 8.73 x | 2.78 x | 0.86 x | 0.59 x | 0.04 x | 0.05 x | 0.05 x |
| EV / EBITDA | -49.1 x | -8.03 x | - | - | 1.17 x | 1.02 x | 0.5 x |
| EV / FCF | -45 x | -7.14 x | -7.08 x | - | 2.67 x | 0.7 x | 0.62 x |
| FCF Yield | -2.22% | -14% | -14.1% | - | 37.4% | 143% | 160% |
| Price to Book | 7.98 x | 5.12 x | 1.75 x | - | 0.82 x | 0.58 x | 0.77 x |
| Nbr of stocks (in thousands) | 233,607 | 233,932 | 255,589 | 262,011 | 264,536 | - | - |
| Reference price 2 | 238.2 | 83.59 | 48.07 | 23.56 | 13.54 | 13.54 | 13.54 |
| Announcement Date | 3/8/21 | 3/8/22 | 3/8/23 | 3/25/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 3,100 | 5,740 | 6,866 | 9,368 | 10,506 | 9,787 | 12,655 | 12,925 |
| EBITDA 1 | - | -1,020 | -2,377 | - | - | 355 | 619.9 | 1,181 |
| EBIT 1 | - | -1,764 | -2,199 | -1,433 | -487.8 | -1,005 | -211.9 | 138.1 |
| Operating Margin | - | -30.73% | -32.02% | -15.29% | -4.64% | -10.27% | -1.67% | 1.07% |
| Earnings before Tax (EBT) 1 | - | -1,710 | -2,483 | -2,013 | -1,963 | -1,161 | -282.9 | -253.9 |
| Net income 1 | -1,670 | -2,081 | -2,471 | -2,008 | -1,958 | -1,105 | 32.45 | -38 |
| Net margin | -53.87% | -36.25% | -35.99% | -21.44% | -18.63% | -11.3% | 0.26% | -0.29% |
| EPS 2 | -6.800 | -12.48 | -10.40 | -7.920 | -7.520 | -3.453 | 0.5014 | 0.2133 |
| Free Cash Flow 1 | - | -1,113 | -2,674 | -1,132 | - | 156 | 906.5 | 951 |
| FCF margin | - | -19.39% | -38.95% | -12.09% | - | 1.59% | 7.16% | 7.36% |
| FCF Conversion (EBITDA) | - | - | - | - | - | 43.94% | 146.23% | 80.52% |
| FCF Conversion (Net income) | - | - | - | - | - | - | 2,793.57% | - |
| Dividend per Share 2 | - | - | - | - | - | - | - | - |
| Announcement Date | 5/12/20 | 3/8/21 | 3/8/22 | 3/8/23 | 3/25/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,687 | 2,032 | 2,025 | 2,281 | 2,380 | 2,681 | 2,576 | 2,811 | 2,867 | 2,752 | 2,452 | 2,308 | 2,375 | 2,594 | 2,223 |
| EBITDA | - | - | -577.6 | -560.6 | -437.4 | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | -472.1 | -505.4 | -501.4 | -424.2 | -300.1 | -207 | -216.6 | -28.56 | -52.4 | -190.2 | -229.7 | -213.7 | -225.5 | -205 | -287.9 |
| Operating Margin | -27.99% | -24.87% | -24.75% | -18.6% | -12.61% | -7.72% | -8.41% | -1.02% | -1.83% | -6.91% | -9.37% | -9.26% | -9.5% | -7.9% | -12.95% |
| Earnings before Tax (EBT) 1 | -543.9 | -585.6 | -605.5 | -580.1 | -455.4 | -371.8 | - | - | - | -1,284 | -311.9 | -227.4 | -260 | -227.1 | -302.9 |
| Net income 1 | -542.7 | -577.8 | -604.2 | -578.8 | -454.3 | -370.6 | -350.4 | -158.7 | - | -1,282 | -328 | -214.5 | -184 | -131 | - |
| Net margin | -32.17% | -28.43% | -29.83% | -25.38% | -19.09% | -13.82% | -13.61% | -5.65% | - | -46.6% | -13.38% | -9.29% | -7.75% | -5.05% | - |
| EPS 2 | -2.280 | -2.440 | -2.480 | -2.400 | -1.760 | -1.440 | -1.360 | -0.6000 | -0.1600 | -4.880 | -1.240 | -0.1200 | -0.1800 | -0.1200 | - |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/23/21 | 3/8/22 | 5/16/22 | 8/22/22 | 11/17/22 | 3/8/23 | 5/10/23 | 8/15/23 | 11/14/23 | 3/25/24 | 5/15/24 | - | - | - | - |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | - | 5,521 | 471 | 4,270 | - | 3,165 | 2,947 | 2,989 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | - | -1,113 | -2,674 | -1,132 | - | 156 | 907 | 951 |
| ROE (net income / shareholders' equity) | - | -32.7% | -45.7% | -37.2% | - | -19% | -1.3% | -5.19% |
| ROA (Net income/ Total Assets) | - | -30.1% | -28.4% | -18.5% | - | -9.7% | 2.34% | 2.15% |
| Assets 1 | - | 6,917 | 8,712 | 10,846 | - | 11,396 | 1,385 | -1,767 |
| Book Value Per Share 2 | - | 29.90 | 16.30 | 27.40 | - | 16.60 | 23.20 | 17.70 |
| Cash Flow per Share 2 | - | -1.660 | -11.20 | -6.640 | - | 0.7200 | 3.000 | 3.750 |
| Capex 1 | - | 23.9 | 16.9 | 23.9 | - | 7.5 | 69.6 | 19.3 |
| Capex / Sales | - | 0.42% | 0.25% | 0.26% | - | 0.08% | 0.55% | 0.15% |
| Announcement Date | 5/12/20 | 3/8/21 | 3/8/22 | 3/8/23 | 3/25/24 | - | - | - |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
D+
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
12
Last Close Price
13.54
CNY
Average target price
28.68
CNY
Spread / Average Target
+111.81%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -44.58% | 495M | |
| +6.27% | 204B | |
| +5.32% | 201B | |
| +45.91% | 95.72B | |
| +9.50% | 88.05B | |
| -25.39% | 75.64B | |
| +9.55% | 51.87B | |
| +20.23% | 26.74B | |
| +24.51% | 10.66B | |
| -7.32% | 8.96B |
- Stock Market
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- Financials Dada Nexus Limited
