Financials Ganso Co., Ltd.

Equities

603886

CNE100002ZM3

Food Processing

End-of-day quote Shanghai S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
16.56 CNY -0.12% Intraday chart for Ganso Co., Ltd. -1.08% -9.16%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 4,250 4,090 5,652 4,709 4,375 3,974 - -
Enterprise Value (EV) 1 4,250 4,090 5,652 4,709 4,375 3,974 3,974 3,974
P/E ratio 17.2 x 13.6 x 16.6 x 17.7 x 15.9 x 13.6 x 12.4 x 12.2 x
Yield - - 4.25% - - - - -
Capitalization / Revenue 1.91 x - 2.19 x - 1.65 x 1.41 x 1.31 x 1.27 x
EV / Revenue 1.91 x - 2.19 x - 1.65 x 1.41 x 1.31 x 1.27 x
EV / EBITDA 10.5 x - - - 9.74 x 8.56 x 8.01 x 7.94 x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 2.85 x - 3.54 x - 2.64 x 2.06 x 1.97 x 1.57 x
Nbr of stocks (in thousands) 240,000 240,000 240,000 240,000 240,000 240,000 - -
Reference price 2 17.71 17.04 23.55 19.62 18.23 16.56 16.56 16.56
Announcement Date 4/16/20 4/19/21 3/9/22 3/27/23 3/25/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,223 - 2,584 - 2,659 2,820 3,035 3,137
EBITDA 1 405.4 - - - 449.4 464.1 496.1 500.3
EBIT 1 331.1 - 430.8 - 356.9 412.7 431.8 426.8
Operating Margin 14.9% - 16.67% - 13.42% 14.63% 14.23% 13.61%
Earnings before Tax (EBT) 1 315 - 429 - 353.6 375.6 410.2 418.3
Net income 1 247.8 300 339.9 266.4 276.3 293.5 321.2 326.9
Net margin 11.15% - 13.15% - 10.39% 10.41% 10.58% 10.42%
EPS 2 1.030 1.250 1.420 1.110 1.150 1.220 1.335 1.360
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share - - 1.000 - - - - -
Announcement Date 4/16/20 4/19/21 3/9/22 3/27/23 3/25/24 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

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) 17.2% 19.8% 22% - 17.3% 15.2% 16.1% 13%
ROA (Net income/ Total Assets) - - 12.1% - - - - -
Assets 1 - - 2,813 - - - - -
Book Value Per Share 2 6.220 - 6.650 - 6.920 8.050 8.410 10.50
Cash Flow per Share 2 1.420 - 2.730 - 2.210 1.840 1.740 1.950
Capex 1 22 - 87 - 100 48.1 47.3 46.5
Capex / Sales 0.99% - 3.37% - 3.77% 1.71% 1.56% 1.48%
Announcement Date 4/16/20 4/19/21 3/9/22 3/27/23 3/25/24 - - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
16.56 CNY
Average target price
21.96 CNY
Spread / Average Target
+32.61%
Consensus

Annual profits - Rate of surprise

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