Financials BIEM.L.FDLKK Garment Co.,Ltd.

Equities

002832

CNE100002C70

Apparel & Accessories

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
29.7 CNY +2.48% Intraday chart for BIEM.L.FDLKK Garment Co.,Ltd. +0.13% -6.31%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 6,057 8,006 8,511 13,998 14,616 16,950 16,950 -
Enterprise Value (EV) 1 6,057 8,006 8,511 13,998 14,616 18,091 16,950 16,950
P/E ratio 20.7 x 19.7 x 18 x 22.1 x 20 x 19.8 x 14.3 x 11.9 x
Yield 1.5% 1.93% - 1.18% 1.17% 3.15% 1.67% 2.02%
Capitalization / Revenue 4.1 x 4.39 x 4.39 x 5.15 x 5.07 x 5.12 x 3.83 x 3.26 x
EV / Revenue 4.1 x 4.39 x 4.39 x 5.15 x 5.07 x 5.12 x 3.83 x 3.26 x
EV / EBITDA 16.1 x 15 x 13 x 16.6 x 15.1 x 14.9 x 10.4 x 8.95 x
EV / FCF - - - 20.5 x 33 x 35.3 x 17 x 13.7 x
FCF Yield - - - 4.87% 3.03% 2.83% 5.88% 7.3%
Price to Book 3.72 x 4.09 x 3.74 x 4.35 x 3.54 x 3.69 x 2.92 x 2.46 x
Nbr of stocks (in thousands) 524,070 524,070 524,070 550,035 570,707 570,707 570,707 -
Reference price 2 11.56 15.28 16.24 25.45 25.61 29.70 29.70 29.70
Announcement Date 2/18/19 2/25/20 3/26/21 4/15/22 4/27/23 4/26/24 - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net sales 1 1,476 1,826 1,938 2,720 2,885 3,536 4,424 5,206
EBITDA 1 375.2 535.5 652.7 843.4 968.2 1,216 1,630 1,893
EBIT 1 337.3 472.7 559.2 737.8 855.3 1,063 1,389 1,669
Operating Margin 22.86% 25.89% 28.86% 27.12% 29.65% 30.05% 31.4% 32.06%
Earnings before Tax (EBT) 1 343.6 471.5 562.3 732.7 855.6 1,059 1,389 1,669
Net income 1 292.3 406.6 479.4 624.5 727.6 910.8 1,182 1,420
Net margin 19.8% 22.27% 24.74% 22.96% 25.22% 25.76% 26.71% 27.27%
EPS 2 0.5571 0.7765 0.9000 1.150 1.280 1.600 2.070 2.487
Free Cash Flow 1 - - - 682.1 443.2 512.4 996 1,237
FCF margin - - - 25.08% 15.36% 14.49% 22.51% 23.76%
FCF Conversion (EBITDA) - - - 80.87% 45.77% 42.12% 61.11% 65.35%
FCF Conversion (Net income) - - - 109.21% 60.91% 56.26% 84.28% 87.14%
Dividend per Share 2 0.1730 0.2941 - 0.3000 0.3000 1.000 0.4950 0.6000
Announcement Date 2/18/19 2/25/20 3/26/21 4/15/22 4/27/23 4/26/24 - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q2 2023 S1
Net sales - 1,684
EBITDA - -
EBIT - -
Operating Margin - -
Earnings before Tax (EBT) - -
Net income 1 82.13 415.8
Net margin - 24.7%
EPS 2 0.1400 -
Dividend per Share - -
Announcement Date 8/29/22 8/29/23
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 - - - 682 443 512 996 1,237
ROE (net income / shareholders' equity) 19.1% 22.9% 22.8% 21.7% 19.4% 20.3% 20.3% 20.8%
ROA (Net income/ Total Assets) 15.2% 17.5% 15.6% 14.5% - 15.7% 16.5% 16.8%
Assets 1 1,926 2,322 3,080 4,307 - 6,086 7,180 8,445
Book Value Per Share 2 3.100 3.730 4.340 5.850 7.240 8.580 10.20 12.10
Cash Flow per Share 2 0.3300 0.6400 1.220 1.630 1.650 2.270 2.570 2.820
Capex 1 105 226 95 215 499 784 280 301
Capex / Sales 7.14% 12.4% 4.9% 7.92% 17.3% 22.16% 6.32% 5.79%
Announcement Date 2/18/19 2/25/20 3/26/21 4/15/22 4/27/23 4/26/24 - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
6
Last Close Price
29.7 CNY
Average target price
43.32 CNY
Spread / Average Target
+45.87%
Consensus

Annual profits - Rate of surprise

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