Financials Fujian Longking Co., Ltd.

Equities

End-of-day quote Shanghai S.E. Other stock markets 06:00:00 2024-04-25 pm EDT			5-day change	1st Jan Change
13.7 ^CNY	+0.88%		+0.66%	+7.11%

Apr. 19	Fujian Longking Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
Apr. 13	Tranche Update on Fujian Longking Co., Ltd.'s Equity Buyback Plan announced on November 29, 2023.	CI

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	10,423	9,493	9,215	15,662	13,827	14,750	-	-
Enterprise Value (EV) ¹	10,423	9,493	9,215	15,662	13,827	14,750	14,750	14,750
P/E ratio	12.2 x	14.6 x	11.8 x	21.5 x	28.4 x	12.8 x	10.3 x	8.51 x
Yield	2.05%	2.03%	2.9%	-	-	-	-	-
Capitalization / Revenue	0.95 x	0.93 x	0.82 x	1.32 x	1.26 x	1.05 x	0.92 x	0.8 x
EV / Revenue	0.95 x	0.93 x	0.82 x	1.32 x	1.26 x	1.05 x	0.92 x	0.8 x
EV / EBITDA	9.16 x	9.1 x	7.2 x	-	12.8 x	7.97 x	6.55 x	5.51 x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Price to Book	1.83 x	1.6 x	1.39 x	-	1.79 x	1.7 x	1.49 x	1.3 x
Nbr of stocks (in thousands)	1,069,050	1,069,052	1,069,065	1,069,097	1,081,104	1,076,613	-	-
Reference price ²	9.750	8.880	8.620	14.65	12.79	13.70	13.70	13.70
Announcement Date	2/17/20	4/27/21	4/29/22	3/17/23	3/22/24	-	-	-

¹CNY in Million²CNY

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	10,935	10,181	11,297	11,880	10,973	14,045	16,084	18,489
EBITDA ¹	1,138	1,044	1,281	-	1,077	1,851	2,253	2,677
EBIT ¹	1,003	843.4	979.8	-	687.4	1,426	1,767	2,138
Operating Margin	9.18%	8.28%	8.67%	-	6.27%	10.15%	10.99%	11.56%
Earnings before Tax (EBT) ¹	1,004	857.2	976.7	-	651.8	1,418	1,762	2,137
Net income ¹	851	702.8	860.3	804.3	509	1,156	1,435	1,740
Net margin	7.78%	6.9%	7.62%	6.77%	4.64%	8.23%	8.92%	9.41%
EPS ²	0.8000	0.6100	0.7300	0.6800	0.4500	1.070	1.330	1.610
Free Cash Flow	-	-	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-	-	-
Dividend per Share	0.2000	0.1800	0.2500	-	-	-	-	-
Announcement Date	2/17/20	4/27/21	4/29/22	3/17/23	3/22/24	-	-	-

¹CNY in Million²CNY

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow	-	-	-	-	-	-	-	-
ROE (net income / shareholders' equity)	15.9%	12.3%	13.3%	-	6.74%	13.5%	14.7%	15.6%
ROA (Net income/ Total Assets)	4.21%	3.01%	2.43%	-	-	3.8%	4.4%	4.7%
Assets ¹	20,219	23,356	35,405	-	-	30,421	32,624	37,026
Book Value Per Share ²	5.340	5.540	6.190	-	7.160	8.080	9.190	10.50
Cash Flow per Share ²	0.0200	1.960	1.140	-	1.580	1.500	1.710	2.010
Capex ¹	330	680	1,777	-	2,292	1,428	1,164	1,158
Capex / Sales	3.01%	6.68%	15.73%	-	20.89%	10.17%	7.24%	6.26%
Announcement Date	2/17/20	4/27/21	4/29/22	3/17/23	3/22/24	-	-	-

¹CNY in Million²CNY

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

D+

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

13.7 CNY

Average target price

17.43 CNY

Spread / Average Target

+27.23%

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