Financials China Merchants Port Group Co., Ltd. Shenzhen S.E.

Equities

201872

CNE0000007C3

Marine Port Services

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
8.72 HKD -0.34% Intraday chart for China Merchants Port Group Co., Ltd. +0.11% +13.39%

Valuation

Fiscal Period: December 2019 2020 2023 2024 2025 2026
Capitalization 1 31,375 28,819 38,270 43,940 - -
Enterprise Value (EV) 1 31,375 28,819 38,270 43,940 43,940 43,940
P/E ratio 10.8 x 14.9 x 11.2 x 12 x 11.2 x 10.5 x
Yield - - - - - -
Capitalization / Revenue - 2.28 x - 2.42 x 2.29 x 2.17 x
EV / Revenue - 2.28 x - 2.42 x 2.29 x 2.17 x
EV / EBITDA - 3,048,077 x - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book - 0.82 x - 0.75 x 0.71 x 0.68 x
Nbr of stocks (in thousands) 1,922,365 1,922,365 2,499,075 2,499,075 - -
Reference price 2 17.16 15.92 15.96 18.32 18.32 18.32
Announcement Date 4/15/20 3/30/21 4/2/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2023 2024 2025 2026
Net sales 1 - 12,619 - 18,137 19,160 20,256
EBITDA - 9,455 - - - -
EBIT 1 - 6,799 - 10,261 10,733 11,409
Operating Margin - 53.88% - 56.57% 56.02% 56.32%
Earnings before Tax (EBT) 1 - 6,801 - 10,267 10,742 11,414
Net income 1 2,898 2,065 3,572 3,813 4,088 4,357
Net margin - 16.37% - 21.02% 21.34% 21.51%
EPS 2 1.594 1.070 1.429 1.530 1.640 1.740
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 4/15/20 3/30/21 4/2/24 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2023 2024 2025 2026
Net Debt - - - - - -
Net Cash position - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) - 5.66% - 6.2% 6.4% 6.5%
ROA (Net income/ Total Assets) - - - - - -
Assets 1 - - - - - -
Book Value Per Share 2 - 19.30 - 24.50 25.70 27.00
Cash Flow per Share 2 - 2.860 - 2.030 2.670 2.700
Capex - - - - - -
Capex / Sales - - - - - -
Announcement Date 4/15/20 3/30/21 4/2/24 - - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
1
Last Close Price
18.32
Average target price
-
Consensus

Annual profits - Rate of surprise

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