End-of-day quote
Shenzhen S.E.
06:00:00 2024-05-14 pm EDT
|
5-day change
|
1st Jan Change
|
36.99
CNY
|
-0.94%
|
|
-2.07%
|
-29.96%
|
Fiscal Period: December |
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
4,954
|
5,682
|
4,576
|
3,668
|
-
|
-
|
Enterprise Value (EV)
1 |
4,954
|
5,474
|
4,487
|
3,636
|
3,723
|
3,653
|
P/E ratio
|
46.6
x
|
55.6
x
|
33.9
x
|
21.7
x
|
15.8
x
|
14.3
x
|
Yield
|
0.26%
|
0.26%
|
0.36%
|
0.62%
|
1.08%
|
0.91%
|
Capitalization / Revenue
|
3.89
x
|
3.82
x
|
2.41
x
|
1.65
x
|
1.37
x
|
1.22
x
|
EV / Revenue
|
3.89
x
|
3.68
x
|
2.36
x
|
1.64
x
|
1.39
x
|
1.21
x
|
EV / EBITDA
|
32.4
x
|
31.3
x
|
19.7
x
|
11.5
x
|
9.66
x
|
8.35
x
|
EV / FCF
|
-58.4
x
|
-540
x
|
-98.7
x
|
53.5
x
|
16.9
x
|
-
|
FCF Yield
|
-1.71%
|
-0.19%
|
-1.01%
|
1.87%
|
5.91%
|
-
|
Price to Book
|
5.29
x
|
5.35
x
|
3.77
x
|
2.17
x
|
1.93
x
|
1.67
x
|
Nbr of stocks (in thousands)
|
85,104
|
86,673
|
86,642
|
99,266
|
-
|
-
|
Reference price
2 |
58.21
|
65.56
|
52.81
|
36.99
|
36.99
|
36.99
|
Announcement Date
|
4/28/22
|
4/18/23
|
4/26/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
1,274
|
1,489
|
1,901
|
2,219
|
2,678
|
3,012
|
EBITDA
1 |
153.1
|
174.8
|
227.4
|
316
|
385.2
|
437.6
|
EBIT
1 |
111.5
|
123.3
|
161.1
|
206.6
|
275
|
314.8
|
Operating Margin
|
8.76%
|
8.29%
|
8.47%
|
9.31%
|
10.27%
|
10.45%
|
Earnings before Tax (EBT)
1 |
113.3
|
129.3
|
174.1
|
220
|
287.2
|
331.9
|
Net income
1 |
88.46
|
101.9
|
134.3
|
169.6
|
222.7
|
257.3
|
Net margin
|
6.94%
|
6.85%
|
7.06%
|
7.64%
|
8.32%
|
8.54%
|
EPS
2 |
1.250
|
1.180
|
1.560
|
1.708
|
2.334
|
2.591
|
Free Cash Flow
1 |
-84.85
|
-10.13
|
-45.44
|
68
|
220
|
-
|
FCF margin
|
-6.66%
|
-0.68%
|
-2.39%
|
3.06%
|
8.21%
|
-
|
FCF Conversion (EBITDA)
|
-
|
-
|
-
|
21.52%
|
57.11%
|
-
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
40.09%
|
98.8%
|
-
|
Dividend per Share
2 |
0.1500
|
0.1700
|
0.1900
|
0.2275
|
0.4000
|
0.3367
|
Announcement Date
|
4/28/22
|
4/18/23
|
4/26/24
|
-
|
-
|
-
|
Fiscal Period: December |
2022 S1
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
---|
Net sales
1 |
-
|
381.7
|
458.1
|
429
|
421.8
|
477.2
|
572.7
|
463.5
|
459.8
|
553.6
|
668.3
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
-
|
30.24
|
40.16
|
40.54
|
29.11
|
38.28
|
53.12
|
43.81
|
25.26
|
45.62
|
65.76
|
Operating Margin
|
-
|
7.92%
|
8.77%
|
9.45%
|
6.9%
|
8.02%
|
9.27%
|
9.45%
|
5.49%
|
8.24%
|
9.84%
|
Earnings before Tax (EBT)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
|
45.75
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net margin
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EPS
|
0.5300
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
8/25/22
|
10/24/22
|
4/18/23
|
4/26/23
|
8/29/23
|
10/24/23
|
4/26/24
|
4/27/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
54.7
|
-
|
Net Cash position
1 |
-
|
208
|
88.3
|
31.9
|
-
|
14.9
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
0.1421
x
|
-
|
Free Cash Flow
1 |
-84.9
|
-10.1
|
-45.4
|
68
|
220
|
-
|
ROE (net income / shareholders' equity)
|
12.7%
|
10.1%
|
11.9%
|
10%
|
12.4%
|
11.8%
|
ROA (Net income/ Total Assets)
|
7.45%
|
-
|
-
|
7.12%
|
7.94%
|
8.01%
|
Assets
1 |
1,187
|
-
|
-
|
2,384
|
2,804
|
3,214
|
Book Value Per Share
2 |
11.00
|
12.20
|
14.00
|
17.10
|
19.10
|
22.10
|
Cash Flow per Share
2 |
1.140
|
2.430
|
2.300
|
3.040
|
3.150
|
4.260
|
Capex
1 |
183
|
221
|
244
|
194
|
189
|
149
|
Capex / Sales
|
14.35%
|
14.83%
|
12.85%
|
8.75%
|
7.04%
|
4.95%
|
Announcement Date
|
4/28/22
|
4/18/23
|
4/26/24
|
-
|
-
|
-
|
Last Close Price
36.99
CNY Average target price
49.16
CNY Spread / Average Target +32.90% Consensus |
1st Jan change
|
Capi.
|
---|
| -29.96% | 508M | | +4.77% | 7.65B | | -9.15% | 3.85B | | +7.73% | 2.97B | | -4.40% | 1.56B | | +14.30% | 924M | | +35.10% | 483M | | +5.77% | 481M | | +96.32% | 417M | | -9.37% | 355M |
Frozen Food Manufacturing
|