Financials Fu Shou Yuan International Group Limited

Equities

1448

KYG371091086

Personal Services

Market Closed - Hong Kong S.E. 04:08:22 2024-04-29 am EDT 5-day change 1st Jan Change
5.31 HKD +1.14% Intraday chart for Fu Shou Yuan International Group Limited +6.20% +0.19%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 13,305 13,875 11,416 13,439 10,940 11,155 - -
Enterprise Value (EV) 1 13,305 11,781 9,177 11,496 8,645 9,274 7,331 7,068
P/E ratio 23 x 22.4 x 15.8 x 20.4 x 13.8 x 12.4 x 10.5 x 9.5 x
Yield 1.29% 1.44% 1.84% 1.96% 3.05% 3.68% 4.11% 4.4%
Capitalization / Revenue 7.19 x 7.33 x 4.91 x 6.19 x 4.16 x 3.7 x 3.16 x 2.89 x
EV / Revenue 7.19 x 6.22 x 3.95 x 5.29 x 3.29 x 3.07 x 2.08 x 1.83 x
EV / EBITDA 13.4 x 11.1 x 7.37 x 9.69 x 5.62 x 5.36 x 3.68 x 3.04 x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 3.26 x 3.04 x 2.26 x 2.45 x 1.85 x 1.78 x 1.62 x 1.48 x
Nbr of stocks (in thousands) 2,255,810 2,264,454 2,285,566 2,271,063 2,271,063 2,271,063 - -
Reference price 2 5.898 6.127 4.995 5.917 4.817 4.912 4.912 4.912
Announcement Date 3/15/20 3/26/21 3/18/22 3/17/23 3/22/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,851 1,893 2,326 2,172 2,628 3,016 3,528 3,865
EBITDA 1 992.5 1,065 1,245 1,186 1,539 1,731 1,992 2,324
EBIT 1 869.3 927.9 1,098 1,030 1,457 1,592 1,861 2,148
Operating Margin 46.98% 49.03% 47.22% 47.44% 55.46% 52.76% 52.74% 55.57%
Earnings before Tax (EBT) 1 946.7 980.1 1,179 1,092 1,432 1,606 1,862 2,087
Net income 1 578.6 620.1 720 658.6 791.2 912 1,074 1,181
Net margin 31.26% 32.76% 30.96% 30.33% 30.11% 30.23% 30.44% 30.56%
EPS 2 0.2570 0.2730 0.3160 0.2900 0.3480 0.3966 0.4675 0.5171
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 0.0759 0.0881 0.0917 0.1160 0.1472 0.1809 0.2020 0.2159
Announcement Date 3/15/20 3/26/21 3/18/22 3/17/23 3/22/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2023 S1
Net sales 1 1,525
EBITDA -
EBIT 1 883.9
Operating Margin 57.98%
Earnings before Tax (EBT) -
Net income -
Net margin -
EPS 2 0.2050
Dividend per Share -
Announcement Date 8/18/23
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 - 2,094 2,239 1,942 2,295 1,881 3,823 4,086
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 15.3% 14.4% 15% 12.5% 13.9% 14.8% 15.9% 16%
ROA (Net income/ Total Assets) 10.3% 9.79% 10.2% 8.65% 9.6% 9.95% 10.8% 9.7%
Assets 1 5,612 6,332 7,042 7,611 8,242 9,166 9,942 12,179
Book Value Per Share 2 1.810 2.020 2.210 2.410 2.610 2.760 3.040 3.320
Cash Flow per Share 2 0.3500 0.4000 0.4500 - 0.5400 0.4200 0.7200 -
Capex 1 86.1 104 123 - - 218 224 177
Capex / Sales 4.65% 5.52% 5.3% - - 7.22% 6.36% 4.58%
Announcement Date 3/15/20 3/26/21 3/18/22 3/17/23 3/22/24 - - -
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
BUY
Number of Analysts
6
Last Close Price
4.912 CNY
Average target price
7.158 CNY
Spread / Average Target
+45.72%
Consensus

Annual profits - Rate of surprise

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