Financials Zhongyuan Bank Co., Ltd.

Equities

1216

CNE100002GY8

Banks

Market Closed - Hong Kong S.E. 04:08:06 2024-04-30 am EDT 5-day change 1st Jan Change
0.305 HKD -3.17% Intraday chart for Zhongyuan Bank Co., Ltd. +8.93% -8.96%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 44,069 22,246 17,403 13,740 20,336 11,129
Enterprise Value (EV) 1 84,386 89,770 105,217 111,110 175,334 155,078
P/E ratio 18.3 x 8.73 x 6.38 x 4.58 x 5.81 x 4.63 x
Yield 1.59% 4.06% - - - -
Capitalization / Revenue 4.44 x 1.87 x 1.5 x 1.18 x 1.41 x 0.82 x
EV / Revenue 8.5 x 7.56 x 9.09 x 9.54 x 12.2 x 11.4 x
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 0.97 x 0.47 x 0.36 x 0.27 x 0.27 x 0.14 x
Nbr of stocks (in thousands) 20,075,000 20,075,000 20,075,000 20,075,000 36,549,823 36,549,823
Reference price 2 2.195 1.108 0.8669 0.6844 0.5564 0.3045
Announcement Date 3/29/19 3/27/20 3/29/21 3/30/22 3/31/23 3/28/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 9,932 11,874 11,579 11,643 14,422 13,624
EBITDA - - - - - -
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) 1 2,975 4,361 4,449 4,598 4,308 2,957
Net income 1 2,415 3,164 3,301 3,565 3,650 3,221
Net margin 24.31% 26.65% 28.51% 30.62% 25.31% 23.64%
EPS 2 0.1203 0.1270 0.1359 0.1495 0.0957 0.0658
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 0.0350 0.0450 - - - -
Announcement Date 3/29/19 3/27/20 3/29/21 3/30/22 3/31/23 3/28/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 40,317 67,524 87,814 97,370 154,998 143,949
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) 4.65% 5.65% 5.73% 5.97% 4.9% 3.37%
ROA (Net income/ Total Assets) 0.41% 0.48% 0.46% 0.48% 0.37% 0.24%
Assets 1 583,231 656,536 721,965 748,638 999,773 1,343,188
Book Value Per Share 2 2.250 2.350 2.420 2.570 2.070 2.150
Cash Flow per Share 2 1.960 2.910 2.810 2.990 1.660 1.230
Capex 1 766 1,123 851 623 975 843
Capex / Sales 7.72% 9.46% 7.35% 5.35% 6.76% 6.19%
Announcement Date 3/29/19 3/27/20 3/29/21 3/30/22 3/31/23 3/28/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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