Financials DR Corporation Limited

Equities

301177

CNE100005501

Apparel & Accessories

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
23.51 CNY -1.71% Intraday chart for DR Corporation Limited -0.38% -20.28%

Valuation

Fiscal Period: December 2021 2022 2023 2024 2025
Capitalization 1 50,913 25,193 11,796 9,404 -
Enterprise Value (EV) 1 50,913 25,193 11,796 9,404 9,404
P/E ratio 35.2 x 34.6 x 173 x 23.3 x 16.9 x
Yield 1.57% 1.59% 1.7% 1.66% -
Capitalization / Revenue 11 x 6.84 x 5.41 x 3.63 x 2.94 x
EV / Revenue 11 x 6.84 x 5.41 x 3.63 x 2.94 x
EV / EBITDA 30.1 x 18.5 x 52.8 x 11.9 x 8.21 x
EV / FCF - 38,005,532 x - - -
FCF Yield - 0% - - -
Price to Book 7.41 x 3.7 x 1.82 x 1.38 x 1.32 x
Nbr of stocks (in thousands) 400,010 400,010 400,010 400,010 -
Reference price 2 127.3 62.98 29.49 23.51 23.51
Announcement Date 2/28/22 4/27/23 4/26/24 - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Net sales 1 - 4,623 3,682 2,180 2,594 3,198
EBITDA 1 - 1,694 1,361 223.3 787.9 1,145
EBIT 1 - 1,633 884.9 117.7 492.5 681.4
Operating Margin - 35.31% 24.04% 5.4% 18.99% 21.31%
Earnings before Tax (EBT) 1 - 1,632 885.4 112.8 492.6 681.6
Net income 1 563.3 1,302 729.2 68.96 403.4 557.8
Net margin - 28.16% 19.81% 3.16% 15.55% 17.45%
EPS 2 1.560 3.620 1.820 0.1700 1.010 1.395
Free Cash Flow - - 662.9 - - -
FCF margin - - 18% - - -
FCF Conversion (EBITDA) - - 48.69% - - -
FCF Conversion (Net income) - - 90.9% - - -
Dividend per Share 2 - 2.000 1.000 0.5000 0.3900 -
Announcement Date 4/27/21 2/28/22 4/27/23 4/26/24 - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Net Debt - - - - - -
Net Cash position - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - 663 - - -
ROE (net income / shareholders' equity) - 32.6% 10.7% 1.04% 5.98% 7.99%
ROA (Net income/ Total Assets) - 25.5% 8.54% - 4% -
Assets 1 - 5,100 8,542 - 10,085 -
Book Value Per Share 2 - 17.20 17.00 16.20 17.10 17.80
Cash Flow per Share 2 - 3.860 2.050 0.0900 1.810 2.220
Capex 1 - 103 155 77.1 65.3 69.2
Capex / Sales - 2.23% 4.21% 3.54% 2.52% 2.16%
Announcement Date 4/27/21 2/28/22 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
OUTPERFORM
Number of Analysts
3
Last Close Price
23.51 CNY
Average target price
31.65 CNY
Spread / Average Target
+34.62%
Consensus

Annual profits - Rate of surprise

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