Financials China Putian Food Holding Limited

Equities

1699

KYG2162B1169

Food Processing

Market Closed - Hong Kong S.E. 04:08:27 2023-03-31 am EDT 5-day change 1st Jan Change
0.04 HKD +2.56% Intraday chart for China Putian Food Holding Limited -.--% -.--%

Valuation

Fiscal Period: December 2016 2017 2018 2019 2020 2021
Capitalization 1 659.1 479.8 655.2 514.9 159 92.35
Enterprise Value (EV) 1 981.4 885.9 1,094 936.9 540.3 491.2
P/E ratio 36.3 x 61.2 x -17.9 x 8.88 x 21.2 x -0.35 x
Yield - - - - - -
Capitalization / Revenue 1.1 x 0.89 x 1.27 x 0.81 x 0.25 x 0.15 x
EV / Revenue 1.64 x 1.65 x 2.11 x 1.48 x 0.85 x 0.78 x
EV / EBITDA 12.2 x 20 x 109 x 10.1 x 10.7 x -19.1 x
EV / FCF -29.8 x -7.67 x -11.6 x 122 x 17 x 9.14 x
FCF Yield -3.36% -13% -8.62% 0.82% 5.87% 10.9%
Price to Book 1.1 x 0.76 x 1.06 x 0.77 x 0.23 x 0.21 x
Nbr of stocks (in thousands) 1,600,000 1,600,000 1,889,000 1,889,000 1,889,000 1,889,000
Reference price 2 0.4119 0.2998 0.3468 0.2726 0.0842 0.0489
Announcement Date 4/27/17 4/26/18 4/30/19 6/3/20 7/7/21 1/16/23
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2016 2017 2018 2019 2020 2021
Net sales 1 599.7 537.1 517.3 632.3 636.7 628.9
EBITDA 1 80.29 44.29 10.04 92.88 50.36 -25.69
EBIT 1 60 19.3 -17.2 62.35 21.01 -67.46
Operating Margin 10% 3.59% -3.32% 9.86% 3.3% -10.73%
Earnings before Tax (EBT) 1 18.17 7.9 -32.13 58 7.51 -266.5
Net income 1 18.17 7.9 -32.13 58 7.51 -266.5
Net margin 3.03% 1.47% -6.21% 9.17% 1.18% -42.37%
EPS 2 0.0114 0.004900 -0.0193 0.0307 0.003975 -0.1411
Free Cash Flow 1 -32.96 -115.4 -94.32 7.705 31.71 53.75
FCF margin -5.5% -21.49% -18.24% 1.22% 4.98% 8.55%
FCF Conversion (EBITDA) - - - 8.3% 62.96% -
FCF Conversion (Net income) - - - 13.28% 422.19% -
Dividend per Share - - - - - -
Announcement Date 4/27/17 4/26/18 4/30/19 6/3/20 7/7/21 1/16/23
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2016 2017 2018 2019 2020 2021
Net Debt 1 322 406 439 422 381 399
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 4.015 x 9.171 x 43.69 x 4.544 x 7.571 x -15.52 x
Free Cash Flow 1 -33 -115 -94.3 7.7 31.7 53.8
ROE (net income / shareholders' equity) 3.05% 1.28% -5.15% 9% 1.1% -47.3%
ROA (Net income/ Total Assets) 3.82% 1.14% -0.97% 3.28% 1.05% -3.81%
Assets 1 475.7 693.5 3,329 1,771 714.1 7,002
Book Value Per Share 2 0.3800 0.3900 0.3300 0.3500 0.3700 0.2300
Cash Flow per Share 2 0.0100 0 0 0 0 0
Capex 1 52.1 28.2 33.6 33.6 21.2 88
Capex / Sales 8.69% 5.25% 6.49% 5.32% 3.33% 13.99%
Announcement Date 4/27/17 4/26/18 4/30/19 6/3/20 7/7/21 1/16/23
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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