GUANGDONG PIANO CUSTOMIZED FURNITURE CO., LTD. Financials Guangdong Piano Customized Furniture Co., Ltd.
Equities
002853
CNE100002JS4
Construction Supplies & Fixtures
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 8.45 CNY | -2.09% |
|
+7.37% | -34.45% |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 2,854 | 2,837 | 3,801 | 3,233 | 3,563 | 2,358 |
| Enterprise Value (EV) 1 | 2,249 | 2,311 | 2,620 | 2,660 | 3,023 | 1,795 |
| P/E ratio | 20.2 x | 16.2 x | 19.3 x | -4.43 x | 23.8 x | 28 x |
| Yield | 1.09% | 1.42% | 1.02% | - | - | - |
| Capitalization / Revenue | 2.57 x | 1.93 x | 2.54 x | 1.77 x | 2.45 x | 1.79 x |
| EV / Revenue | 2.03 x | 1.57 x | 1.75 x | 1.46 x | 2.08 x | 1.36 x |
| EV / EBITDA | 13.5 x | 9.85 x | 9 x | -4.13 x | 15.3 x | 8.68 x |
| EV / FCF | -9.83 x | -17.9 x | 27.5 x | -16.1 x | -50.9 x | -45.3 x |
| FCF Yield | -10.2% | -5.59% | 3.64% | -6.21% | -1.97% | -2.21% |
| Price to Book | 2.77 x | 2.42 x | 2.38 x | 2.8 x | 2.82 x | 1.79 x |
| Nbr of stocks (in thousands) | 155,342 | 155,342 | 155,342 | 186,543 | 182,916 | 182,916 |
| Reference price 2 | 18.37 | 18.26 | 24.47 | 17.33 | 19.48 | 12.89 |
| Announcement Date | 4/3/19 | 4/21/20 | 4/28/21 | 4/27/22 | 4/26/23 | 4/24/24 |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 1,110 | 1,471 | 1,494 | 1,824 | 1,452 | 1,316 |
| EBITDA 1 | 167 | 234.6 | 291.2 | -643.8 | 198 | 206.8 |
| EBIT 1 | 147.3 | 206.5 | 253.5 | -686.9 | 150.6 | 141 |
| Operating Margin | 13.26% | 14.03% | 16.97% | -37.66% | 10.38% | 10.71% |
| Earnings before Tax (EBT) 1 | 161.7 | 199.7 | 256.5 | -686.3 | 169 | 88.07 |
| Net income 1 | 142.1 | 175.2 | 196.9 | -728.8 | 153.6 | 85.98 |
| Net margin | 12.8% | 11.91% | 13.19% | -39.96% | 10.58% | 6.53% |
| EPS 2 | 0.9100 | 1.130 | 1.270 | -3.910 | 0.8200 | 0.4600 |
| Free Cash Flow 1 | -228.7 | -129.2 | 95.41 | -165.3 | -59.44 | -39.59 |
| FCF margin | -20.6% | -8.78% | 6.39% | -9.06% | -4.09% | -3.01% |
| FCF Conversion (EBITDA) | - | - | 32.76% | - | - | - |
| FCF Conversion (Net income) | - | - | 48.45% | - | - | - |
| Dividend per Share 2 | 0.2000 | 0.2600 | 0.2500 | - | - | - |
| Announcement Date | 4/3/19 | 4/21/20 | 4/28/21 | 4/27/22 | 4/26/23 | 4/24/24 |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - |
| Net Cash position 1 | 605 | 526 | 1,181 | 573 | 540 | 563 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - |
| Free Cash Flow 1 | -229 | -129 | 95.4 | -165 | -59.4 | -39.6 |
| ROE (net income / shareholders' equity) | 13.6% | 14.8% | 13.3% | -45.8% | 12.5% | 6.32% |
| ROA (Net income/ Total Assets) | 6.28% | 7.19% | 6.17% | -15.6% | 3.91% | 3.73% |
| Assets 1 | 2,261 | 2,437 | 3,190 | 4,685 | 3,925 | 2,307 |
| Book Value Per Share 2 | 6.620 | 7.560 | 10.30 | 6.190 | 6.910 | 7.210 |
| Cash Flow per Share 2 | 2.560 | 2.330 | 4.780 | 3.280 | 3.070 | 2.810 |
| Capex 1 | 158 | 169 | 94.3 | 207 | 158 | 141 |
| Capex / Sales | 14.21% | 11.46% | 6.32% | 11.33% | 10.91% | 10.7% |
| Announcement Date | 4/3/19 | 4/21/20 | 4/28/21 | 4/27/22 | 4/26/23 | 4/24/24 |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -34.45% | 213M | |
| +5.52% | 5.88B | |
| +14.41% | 2.12B | |
| +0.56% | 1.47B | |
| -11.03% | 893M | |
| +16.79% | 823M | |
| -27.36% | 306M | |
| +70.86% | 218M | |
| +53.22% | 174M | |
| +12.97% | 75.94M |
- Stock Market
- Equities
- 002853 Stock
- Financials Guangdong Piano Customized Furniture Co., Ltd.
