Projected Income Statement: Dongfeng Motor Group Company Limited

Forecast Balance Sheet: Dongfeng Motor Group Company Limited

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 18,643 -11,155 -15,245 -15,620 -20,040 -14,938 -9,695 -5,890
Change - -159.83% -236.67% -202.46% -228.3% -174.54% -164.9% -160.75%
Announcement Date 3/30/20 3/29/21 3/29/22 3/29/23 3/28/24 - - -
1CNY in Million
Estimates

Cash Flow Forecast: Dongfeng Motor Group Company Limited

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
CAPEX 1 5,807 4,039 6,648 4,168 9,699 9,046 8,698 8,074
Change - -30.45% 64.6% -37.3% 132.7% -6.73% -3.85% -7.18%
Free Cash Flow (FCF) 1 -17,362 -4,302 2,195 2,394 8,682 -9,993 -8,084 -6,446
Change - -75.22% -151.02% 9.07% 262.66% -215.1% -19.1% -20.26%
Announcement Date 3/30/20 3/29/21 3/29/22 3/29/23 3/28/24 - - -
1CNY in Million
Estimates

Forecast Financial Ratios: Dongfeng Motor Group Company Limited

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026

Profitability

        
EBITDA Margin (%) 2.37% 3.83% 2.95% 1.2% -1.4% 3.67% 4.89% 5.3%
EBIT Margin (%) -0.36% 0.87% -0.51% -3.6% -6.64% -4.13% -3.36% -2.02%
EBT Margin (%) 14.45% 11.32% 11.29% 9.05% -6.43% -1.15% -0.85% 0.1%
Net margin (%) 12.72% 10% 10.08% 11.08% -4.02% -0.03% -0.07% 0.3%
FCF margin (%) -17.18% -3.98% 1.94% 2.58% 8.74% -9.07% -6.59% -4.67%
FCF / Net Income (%) -135.03% -39.86% 19.28% 23.32% -217.27% 28,823.76% 9,573.18% -1,534.49%

Profitability

        
ROA 5.16% 3.67% 3.6% 3.16% -1.21% 0.03% 0.36% 0.54%
ROE 10.45% 8.19% 8% 6.77% -2.59% -0.03% -0.18% 0.24%

Financial Health

        
Leverage (Debt/EBITDA) 7.79x - - - - - - -
Debt / Free cash flow -1.07x - - - - - - -

Capital Intensity

        
CAPEX / Current Assets (%) 5.74% 3.74% 5.88% 4.5% 9.77% 8.21% 7.09% 5.85%
CAPEX / EBITDA (%) 242.56% 97.7% 199.1% 376.17% -699.28% 223.67% 144.96% 110.41%
CAPEX / FCF (%) -33.45% -93.89% 302.87% 174.1% 111.71% -90.53% -107.6% -125.25%

Items per share

        
Cash flow per share 1 -1.341 0.1425 1.026 0.7616 1.005 -0.1142 -0.1688 -0.0899
Change - -110.63% 620.06% -25.79% 31.92% -111.37% 47.74% -46.71%
Dividend per Share 1 0.35 0.1 0.3 0.3 - 0.0795 0.0805 0.0867
Change - -71.43% 200% 0% - - 1.26% 7.68%
Book Value Per Share 1 14.83 15.76 17.1 18.09 17.95 18.18 18.24 18.34
Change - 6.28% 8.49% 5.78% -0.78% 1.29% 0.36% 0.54%
EPS 1 1.492 1.253 1.322 1.191 -0.4694 -0.00552 -0.0113 0.0493
Change - -16.06% 5.51% -9.85% -139.4% -98.82% 105.25% -534.86%
Nbr of stocks (in thousands) 8,616,120 8,616,120 8,616,120 8,593,170 8,280,078 8,252,588 8,252,588 8,252,588
Announcement Date 3/30/20 3/29/21 3/29/22 3/29/23 3/28/24 - - -
1CNY
Estimates
2024 *2025 *
P/E ratio -683x -333x
PBR 0.21x 0.21x
EV / Sales 0.15x 0.17x
Yield 2.11% 2.13%
More valuation ratios * Estimated data

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Trading Rating
Investor Rating
ESG MSCI
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
9
Last Close Price
3.772CNY
Average target price
3.607CNY
Spread / Average Target
-4.36%
Consensus

Annual profits - Rate of surprise

  1. Stock Market
  2. Equities
  3. 489 Stock
  4. Financials Dongfeng Motor Group Company Limited