Financials Guangdong New Grand Long Packing Co., Ltd.

Equities

002836

CNE100002CB5

Commercial Printing Services

End-of-day quote Shenzhen S.E. 06:00:00 2024-05-21 pm EDT 5-day change 1st Jan Change
7.12 CNY 0.00% Intraday chart for Guangdong New Grand Long Packing Co., Ltd. +1.14% -18.63%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,821 1,934 1,571 1,549 1,816 2,016
Enterprise Value (EV) 1 1,673 1,852 1,559 1,385 1,642 1,788
P/E ratio 36.8 x 75.6 x 49.1 x 138 x 19.3 x 109 x
Yield 4.39% 0.83% 3.05% 1.03% 4.23% -
Capitalization / Revenue 6.49 x 4.57 x 7.38 x 10.7 x 12.1 x 11.4 x
EV / Revenue 5.96 x 4.37 x 7.32 x 9.59 x 11 x 10.1 x
EV / EBITDA 23.6 x 21.6 x 32.5 x 53.4 x 66.2 x 57.2 x
EV / FCF 33.6 x 12.7 x -7.95 x 46.3 x -14.9 x 13.6 x
FCF Yield 2.98% 7.87% -12.6% 2.16% -6.69% 7.37%
Price to Book 4.17 x 5.05 x 3.94 x 4.28 x 4.12 x 4.87 x
Nbr of stocks (in thousands) 230,400 230,400 230,400 230,400 230,400 230,400
Reference price 2 7.903 8.396 6.819 6.722 7.883 8.750
Announcement Date 4/24/19 4/28/20 4/29/21 4/28/22 4/27/23 4/28/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 280.5 423.4 212.9 144.4 149.7 177.1
EBITDA 1 70.77 85.79 47.96 25.95 24.8 31.24
EBIT 1 52.16 52.09 28.04 9.503 9.526 18.89
Operating Margin 18.59% 12.3% 13.17% 6.58% 6.36% 10.66%
Earnings before Tax (EBT) 1 57.57 37.7 38.34 9.584 110.7 23.71
Net income 1 49.53 26.28 32.13 11.18 94.38 19.47
Net margin 17.66% 6.21% 15.09% 7.74% 63.05% 10.99%
EPS 2 0.2150 0.1111 0.1389 0.0486 0.4083 0.0800
Free Cash Flow 1 49.82 145.8 -196 29.93 -109.9 131.8
FCF margin 17.76% 34.42% -92.04% 20.72% -73.4% 74.39%
FCF Conversion (EBITDA) 70.4% 169.89% - 115.34% - 421.69%
FCF Conversion (Net income) 100.58% 554.64% - 267.76% - 676.72%
Dividend per Share 2 0.3472 0.0694 0.2083 0.0694 0.3333 -
Announcement Date 4/24/19 4/28/20 4/29/21 4/28/22 4/27/23 4/28/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 148 82.1 12.7 164 174 228
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 49.8 146 -196 29.9 -110 132
ROE (net income / shareholders' equity) 11.5% 6.12% 7.45% 2.94% 23.5% 4.79%
ROA (Net income/ Total Assets) 6.19% 5.06% 2.77% 1.28% 1.28% 2.4%
Assets 1 799.8 519.5 1,162 874 7,346 812.9
Book Value Per Share 2 1.900 1.660 1.730 1.570 1.910 1.800
Cash Flow per Share 2 0.6400 0.7000 0.2600 0.3200 0.2400 0.5600
Capex 1 18 13.7 8.57 7.53 12.7 11.2
Capex / Sales 6.41% 3.24% 4.02% 5.22% 8.46% 6.34%
Announcement Date 4/24/19 4/28/20 4/29/21 4/28/22 4/27/23 4/28/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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