Financials Bestore Co.,Ltd

Equities

603719

CNE100003R72

Food Retail & Distribution

End-of-day quote Shanghai S.E. 06:00:00 2024-06-11 pm EDT 5-day change 1st Jan Change
12.87 CNY +0.63% Intraday chart for Bestore Co.,Ltd -3.60% -40.31%

Valuation

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 23,527 16,902 14,674 8,581 5,090 - -
Enterprise Value (EV) 1 23,527 15,439 13,664 8,581 5,090 5,090 5,090
P/E ratio 67.4 x 60.7 x 43.9 x 47.9 x 26.5 x 22.6 x 19.6 x
Yield 0.44% 0.5% 0.69% 1.04% 1.83% 2.41% 2.64%
Capitalization / Revenue 2.98 x 1.81 x 1.55 x 1.07 x 0.59 x 0.55 x 0.51 x
EV / Revenue 2.98 x 1.81 x 1.55 x 1.07 x 0.59 x 0.55 x 0.51 x
EV / EBITDA 40.5 x 40 x 26.3 x 19.8 x 8.57 x 7.67 x 7.37 x
EV / FCF - - -255,109,430 x - - - -
FCF Yield - - -0% - - - -
Price to Book 11.3 x 7.94 x 6.16 x 3.47 x 1.98 x 1.87 x 1.76 x
Nbr of stocks (in thousands) 401,000 397,983 397,983 397,983 397,983 - -
Reference price 2 58.67 42.47 36.87 21.56 12.87 12.87 12.87
Announcement Date 3/29/21 3/21/22 3/23/23 4/25/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 7,715 7,894 9,324 9,440 8,046 8,612 9,283 9,997
EBITDA 1 576.2 580.6 422 557.2 434.2 594 663.5 690.5
EBIT 1 471.4 483.6 375.7 436.3 260.7 273 320.4 368.7
Operating Margin 6.11% 6.13% 4.03% 4.62% 3.24% 3.17% 3.45% 3.69%
Earnings before Tax (EBT) 1 473.4 483.3 378.8 437.3 262.1 274.7 321.9 370.1
Net income 1 340.4 343.6 281.5 335.5 180.3 195.3 227.9 262.6
Net margin 4.41% 4.35% 3.02% 3.55% 2.24% 2.27% 2.46% 2.63%
EPS 2 0.8500 0.8700 0.7000 0.8400 0.4500 0.4850 0.5700 0.6550
Free Cash Flow - - - -57.52 - - - -
FCF margin - - - -0.61% - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 0.2550 0.2570 0.2120 0.2530 0.2250 0.2350 0.3100 0.3400
Announcement Date 4/27/20 3/29/21 3/21/22 3/23/23 4/25/24 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - 1,463 1,010 - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - -57.5 - - - -
ROE (net income / shareholders' equity) 27.3% 18.2% 13.3% 14.9% 7.43% 7.46% 8.25% 8.92%
ROA (Net income/ Total Assets) 9.7% 8.57% 5.86% 6.41% - 3.82% 4.42% 4.85%
Assets 1 3,507 4,008 4,807 5,233 - 5,113 5,160 5,419
Book Value Per Share 2 3.930 5.190 5.350 5.980 6.210 6.500 6.880 7.310
Cash Flow per Share 2 0.9500 0.8200 1.020 0.2600 3.190 0.7900 2.400 1.330
Capex 1 126 150 269 160 335 172 181 201
Capex / Sales 1.63% 1.9% 2.89% 1.7% 4.17% 2% 1.95% 2.01%
Announcement Date 4/27/20 3/29/21 3/21/22 3/23/23 4/25/24 - - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
D+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
7
Last Close Price
12.87 CNY
Average target price
24.52 CNY
Spread / Average Target
+90.49%
Consensus

Annual profits - Rate of surprise

  1. Stock Market
  2. Equities
  3. 603719 Stock
  4. Financials Bestore Co.,Ltd