XI'AN QUJIANG CULTURAL TOURISM CO., LTD. Financials Xi'an Qujiang Cultural Tourism Co., Ltd.
Equities
600706
CNE000000KD9
Leisure & Recreation
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 10.12 CNY | +6.19% |
|
-11.46% | -31.71% |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 1,826 | 1,902 | 1,540 | 1,844 | 3,402 | 3,780 |
| Enterprise Value (EV) 1 | 1,985 | 2,411 | 2,372 | 2,697 | 4,607 | 4,857 |
| P/E ratio | 24.2 x | 42 x | -21.7 x | 241 x | -13.6 x | -19.2 x |
| Yield | 0.44% | 0.19% | - | - | - | - |
| Capitalization / Revenue | 1.36 x | 1.46 x | 1.43 x | 1.35 x | 3.82 x | 2.51 x |
| EV / Revenue | 1.48 x | 1.85 x | 2.2 x | 1.98 x | 5.17 x | 3.23 x |
| EV / EBITDA | 12 x | 19.7 x | 34.6 x | 15.2 x | -38.7 x | -88.3 x |
| EV / FCF | 59.1 x | -19.6 x | -6.68 x | 153 x | -11.4 x | 27 x |
| FCF Yield | 1.69% | -5.09% | -15% | 0.65% | -8.79% | 3.71% |
| Price to Book | 1.78 x | 1.8 x | 1.57 x | 1.52 x | 3.54 x | 4.93 x |
| Nbr of stocks (in thousands) | 215,412 | 215,412 | 215,412 | 255,060 | 255,060 | 255,060 |
| Reference price 2 | 8.475 | 8.830 | 7.150 | 7.230 | 13.34 | 14.82 |
| Announcement Date | 4/19/19 | 4/27/20 | 4/28/21 | 4/26/22 | 4/25/23 | 4/28/24 |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 1,345 | 1,305 | 1,077 | 1,365 | 890.9 | 1,504 |
| EBITDA 1 | 165.9 | 122.5 | 68.54 | 177 | -119.2 | -55.01 |
| EBIT 1 | 115.3 | 69.41 | -21.07 | 65.9 | -236.8 | -163.2 |
| Operating Margin | 8.58% | 5.32% | -1.96% | 4.83% | -26.57% | -10.85% |
| Earnings before Tax (EBT) 1 | 91.67 | 55.54 | -81.03 | 5.723 | -308.8 | -225.3 |
| Net income 1 | 76.1 | 45.03 | -71.86 | 7.406 | -248.7 | -195.4 |
| Net margin | 5.66% | 3.45% | -6.67% | 0.54% | -27.92% | -12.99% |
| EPS 2 | 0.3500 | 0.2100 | -0.3300 | 0.0300 | -0.9800 | -0.7700 |
| Free Cash Flow 1 | 33.61 | -122.7 | -355.1 | 17.67 | -405 | 180.2 |
| FCF margin | 2.5% | -9.4% | -32.98% | 1.29% | -45.46% | 11.98% |
| FCF Conversion (EBITDA) | 20.26% | - | - | 9.98% | - | - |
| FCF Conversion (Net income) | 44.17% | - | - | 238.56% | - | - |
| Dividend per Share 2 | 0.0375 | 0.0170 | - | - | - | - |
| Announcement Date | 4/19/19 | 4/27/20 | 4/28/21 | 4/26/22 | 4/25/23 | 4/28/24 |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 159 | 509 | 832 | 853 | 1,205 | 1,077 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 0.9595 x | 4.155 x | 12.14 x | 4.819 x | -10.11 x | -19.58 x |
| Free Cash Flow 1 | 33.6 | -123 | -355 | 17.7 | -405 | 180 |
| ROE (net income / shareholders' equity) | 7.79% | 4.46% | -6.97% | 0.27% | -23.9% | -21.7% |
| ROA (Net income/ Total Assets) | 3.56% | 1.81% | -0.45% | 1.17% | -4% | -2.79% |
| Assets 1 | 2,135 | 2,493 | 15,994 | 631 | 6,224 | 6,997 |
| Book Value Per Share 2 | 4.760 | 4.910 | 4.560 | 4.750 | 3.770 | 3.010 |
| Cash Flow per Share 2 | 1.150 | 0.8900 | 2.270 | 1.560 | 0.6400 | 0.6200 |
| Capex 1 | 90.3 | 404 | 277 | 272 | 297 | 64.6 |
| Capex / Sales | 6.71% | 30.99% | 25.68% | 19.89% | 33.3% | 4.3% |
| Announcement Date | 4/19/19 | 4/27/20 | 4/28/21 | 4/26/22 | 4/25/23 | 4/28/24 |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -31.71% | 356M | |
| -1.02% | 3.83B | |
| -18.55% | 2.78B | |
| -8.19% | 1.94B | |
| +34.05% | 1.29B | |
| -29.34% | 1.01B | |
| +8.09% | 994M | |
| -8.21% | 872M | |
| +26.99% | 825M | |
| +15.58% | 728M |
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- 600706 Stock
- Financials Xi'an Qujiang Cultural Tourism Co., Ltd.
