Financials Guangdong Great River Smarter Logistics Co., Ltd.

Equities

002930

CNE1000033N4

Marine Port Services

End-of-day quote Shenzhen S.E. 06:00:00 2024-06-06 pm EDT 5-day change 1st Jan Change
14.18 CNY +0.64% Intraday chart for Guangdong Great River Smarter Logistics Co., Ltd. -2.88% -26.87%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 5,127 8,662 11,546 8,668 8,851 6,527 - -
Enterprise Value (EV) 1 5,127 8,662 11,546 8,668 8,851 6,527 6,527 6,527
P/E ratio 34.9 x 39 x 45.4 x 38.4 x 29.8 x 18.2 x 13.4 x 13.6 x
Yield - - 1.16% 1.56% 1.29% - - -
Capitalization / Revenue 10.5 x 10.2 x 10.6 x 6.86 x 5.72 x 3.61 x 2.77 x 2.79 x
EV / Revenue 10.5 x 10.2 x 10.6 x 6.86 x 5.72 x 3.61 x 2.77 x 2.79 x
EV / EBITDA - 17.2 x 17.4 x 13.3 x 10.3 x 5.48 x 4.45 x 4.32 x
EV / FCF - - 86,580,938 x - - - - -
FCF Yield - - 0% - - - - -
Price to Book - 4.32 x 5.25 x 3.92 x 3.39 x 2.23 x 2.03 x 1.86 x
Nbr of stocks (in thousands) 443,713 443,994 446,640 451,483 456,475 460,278 - -
Reference price 2 11.55 19.51 25.85 19.20 19.39 14.18 14.18 14.18
Announcement Date 2/28/20 2/2/21 4/11/22 4/14/23 4/12/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 485.9 848.3 1,088 1,263 1,547 1,810 2,357 2,338
EBITDA 1 - 502.3 664.3 653.2 858.5 1,191 1,468 1,512
EBIT 1 - 294.6 404.5 294.3 413.5 493.5 677.6 654.8
Operating Margin - 34.73% 37.18% 23.3% 26.74% 27.26% 28.75% 28.01%
Earnings before Tax (EBT) 1 - 290.4 405.2 291.8 414.9 493.1 676.6 654.7
Net income 1 - 227.7 272.2 223.7 278.1 360.8 485.3 476.5
Net margin - 26.85% 25.02% 17.71% 17.98% 19.93% 20.59% 20.38%
EPS 2 0.3308 0.5000 0.5700 0.5000 0.6500 0.7800 1.060 1.040
Free Cash Flow - - 133.4 - - - - -
FCF margin - - 12.26% - - - - -
FCF Conversion (EBITDA) - - 20.07% - - - - -
FCF Conversion (Net income) - - 48.98% - - - - -
Dividend per Share - - 0.3000 0.3000 0.2500 - - -
Announcement Date 2/28/20 2/2/21 4/11/22 4/14/23 4/12/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2023 Q1
Net sales 1 - - 375.9
EBITDA - - -
EBIT - - -
Operating Margin - - -
Earnings before Tax (EBT) - - -
Net income 61.15 54.19 -
Net margin - - -
EPS - - -
Dividend per Share - - -
Announcement Date 4/11/22 4/27/22 4/27/23
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - 133 - - - - -
ROE (net income / shareholders' equity) - 11.5% 12.2% 9.36% 11.9% 12.4% 15.1% 13.4%
ROA (Net income/ Total Assets) - 4.58% 4.11% - 3.17% - - -
Assets 1 - 4,969 6,622 - 8,762 - - -
Book Value Per Share 2 - 4.510 4.930 4.900 5.720 6.350 6.990 7.620
Cash Flow per Share 2 - 1.320 1.740 1.880 2.300 1.390 3.260 2.870
Capex 1 - 483 646 369 296 1,156 1,443 1,342
Capex / Sales - 56.97% 59.36% 29.22% 19.16% 63.87% 61.22% 57.4%
Announcement Date 2/28/20 2/2/21 4/11/22 4/14/23 4/12/24 - - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
2
Last Close Price
14.18 CNY
Average target price
16.7 CNY
Spread / Average Target
+17.77%
Consensus

Annual profits - Rate of surprise

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