Financials Chongqing Yukaifa Co., Ltd

Equities

000514

CNE0000004R8

Real Estate Development & Operations

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
3.24 CNY +7.64% Intraday chart for Chongqing Yukaifa Co., Ltd +6.93% -22.30%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 3,080 3,974 3,198 3,341 3,620 3,519
Enterprise Value (EV) 1 2,945 3,590 4,357 4,195 4,104 3,519
P/E ratio 122 x 15.1 x 23.9 x 20.6 x 22.2 x 33.3 x
Yield - 0.64% 0.66% 0.51% 0.47% -
Capitalization / Revenue 5.7 x 4.59 x 5.12 x 2.82 x 4.04 x 2.65 x
EV / Revenue 5.45 x 4.15 x 6.98 x 3.53 x 4.58 x 2.65 x
EV / EBITDA 21.5 x 9.53 x 18.7 x 11.3 x 15.9 x 7.97 x
EV / FCF 6.26 x -3.39 x -2.8 x 14.4 x 3.66 x -
FCF Yield 16% -29.5% -35.8% 6.92% 27.3% -
Price to Book 1.03 x 1.22 x 0.95 x 0.95 x 0.99 x -
Nbr of stocks (in thousands) 843,771 843,771 843,771 843,771 843,771 843,771
Reference price 2 3.650 4.710 3.790 3.960 4.290 4.170
Announcement Date 3/14/19 3/25/20 3/25/21 3/25/22 3/24/23 4/25/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 540 865.7 624 1,187 895.6 1,330
EBITDA 1 137 376.9 232.5 370.5 258.3 441.5
EBIT 1 70.05 308.7 163.8 301.3 189.6 373.1
Operating Margin 12.97% 35.66% 26.25% 25.39% 21.18% 28.06%
Earnings before Tax (EBT) 1 42.95 349.2 154.3 242.7 201.9 132.2
Net income 1 25.18 263.6 133.5 162.1 162.8 105.7
Net margin 4.66% 30.45% 21.4% 13.66% 18.18% 7.95%
EPS 2 0.0298 0.3124 0.1583 0.1921 0.1929 0.1253
Free Cash Flow 1 470.7 -1,059 -1,558 290.4 1,121 -
FCF margin 87.16% -122.32% -249.66% 24.47% 125.16% -
FCF Conversion (EBITDA) 343.53% - - 78.4% 433.93% -
FCF Conversion (Net income) 1,869.34% - - 179.15% 688.57% -
Dividend per Share - 0.0300 0.0250 0.0200 0.0200 -
Announcement Date 3/14/19 3/25/20 3/25/21 3/25/22 3/24/23 4/25/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - 1,159 854 484 -
Net Cash position 1 135 384 - - - -
Leverage (Debt/EBITDA) - - 4.985 x 2.304 x 1.875 x -
Free Cash Flow 1 471 -1,059 -1,558 290 1,121 -
ROE (net income / shareholders' equity) 1.26% 7.55% 3.57% 5.15% 3.83% -
ROA (Net income/ Total Assets) 0.68% 2.95% 1.45% 2.35% 1.5% -
Assets 1 3,704 8,931 9,226 6,899 10,822 -
Book Value Per Share 2 3.550 3.860 4.000 4.160 4.340 -
Cash Flow per Share 2 1.880 1.840 1.170 1.470 1.050 -
Capex 1 11.4 2.63 3.44 3.34 1.07 798
Capex / Sales 2.11% 0.3% 0.55% 0.28% 0.12% 60.05%
Announcement Date 3/14/19 3/25/20 3/25/21 3/25/22 3/24/23 4/25/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

  1. Stock Market
  2. Equities
  3. 000514 Stock
  4. Financials Chongqing Yukaifa Co., Ltd