Financials Rastar Group

Equities

300043

CNE100000KN7

Internet Services

End-of-day quote Shenzhen S.E. 06:00:00 2024-05-28 pm EDT 5-day change 1st Jan Change
2.52 CNY +1.20% Intraday chart for Rastar Group -7.69% -32.08%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 4,131 6,383 4,255 4,516 3,695 4,616
Enterprise Value (EV) 1 6,314 8,039 5,586 6,218 5,517 6,403
P/E ratio 17.5 x 24.4 x 171 x -6.85 x -11.9 x 186 x
Yield 0.9% 0.58% 0.29% - - -
Capitalization / Revenue 1.46 x 2.46 x 2.44 x 3.21 x 2.3 x 2.66 x
EV / Revenue 2.24 x 3.1 x 3.2 x 4.42 x 3.44 x 3.7 x
EV / EBITDA 13.1 x 13 x 14.4 x -50 x 91.7 x 36.5 x
EV / FCF 88.5 x 38.3 x 20.2 x -13.8 x -23.2 x -31.9 x
FCF Yield 1.13% 2.61% 4.94% -7.26% -4.32% -3.13%
Price to Book 1.49 x 2.17 x 1.45 x 2.12 x 1.99 x 2.38 x
Nbr of stocks (in thousands) 1,244,198 1,244,198 1,244,198 1,244,198 1,244,198 1,244,198
Reference price 2 3.320 5.130 3.420 3.630 2.970 3.710
Announcement Date 4/24/19 4/26/20 4/26/21 4/27/22 4/21/23 4/28/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 2,820 2,594 1,743 1,407 1,606 1,733
EBITDA 1 483 617.9 386.9 -124.3 60.16 175.4
EBIT 1 330.6 441.6 171.8 -345 -131.4 1.14
Operating Margin 11.72% 17.02% 9.86% -24.52% -8.18% 0.07%
Earnings before Tax (EBT) 1 243.8 298.2 19.43 -809.9 -327.4 6.121
Net income 1 238.5 258.5 26.01 -662.6 -310.4 27.71
Net margin 8.46% 9.96% 1.49% -47.1% -19.33% 1.6%
EPS 2 0.1900 0.2100 0.0200 -0.5300 -0.2500 0.0200
Free Cash Flow 1 71.37 209.6 275.8 -451.3 -238.3 -200.4
FCF margin 2.53% 8.08% 15.83% -32.08% -14.84% -11.57%
FCF Conversion (EBITDA) 14.78% 33.93% 71.28% - - -
FCF Conversion (Net income) 29.93% 81.09% 1,060.33% - - -
Dividend per Share 2 0.0300 0.0300 0.0100 - - -
Announcement Date 4/24/19 4/26/20 4/26/21 4/27/22 4/21/23 4/28/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 2,183 1,656 1,330 1,701 1,822 1,787
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 4.521 x 2.68 x 3.438 x -13.68 x 30.28 x 10.19 x
Free Cash Flow 1 71.4 210 276 -451 -238 -200
ROE (net income / shareholders' equity) 8.95% 9.12% 0.88% -26.2% -15.6% 1.46%
ROA (Net income/ Total Assets) 3.46% 4.72% 1.94% -4.37% -1.86% 0.02%
Assets 1 6,886 5,478 1,344 15,155 16,693 168,954
Book Value Per Share 2 2.220 2.370 2.360 1.710 1.490 1.560
Cash Flow per Share 2 0.2700 0.3100 0.3000 0.0700 0.1000 0.0900
Capex 1 321 281 416 374 286 244
Capex / Sales 11.37% 10.81% 23.86% 26.55% 17.84% 14.08%
Announcement Date 4/24/19 4/26/20 4/26/21 4/27/22 4/21/23 4/28/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

  1. Stock Market
  2. Equities
  3. 300043 Stock
  4. Financials Rastar Group