GUANGDONG SONGFA CERAMICS CO.,LTD. Financials Guangdong Songfa Ceramics Co.,Ltd.
Equities
603268
CNE100001W02
Appliances, Tools & Housewares
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 15.13 CNY | +0.07% |
|
+11.25% | -12.44% |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 2,059 | 1,985 | 2,090 | 3,007 | 1,656 | 2,146 |
| Enterprise Value (EV) 1 | 2,334 | 2,290 | 2,311 | 3,309 | 1,989 | 2,544 |
| P/E ratio | 54.8 x | 69.5 x | 1,683 x | -9.73 x | -9.74 x | -18.4 x |
| Yield | 0.58% | - | - | - | - | - |
| Capitalization / Revenue | 3.48 x | 3.42 x | 4.68 x | 7.46 x | 6.12 x | 10.4 x |
| EV / Revenue | 3.95 x | 3.95 x | 5.18 x | 8.21 x | 7.34 x | 12.3 x |
| EV / EBITDA | 21.7 x | 23.2 x | 27.7 x | -139 x | -22.1 x | -48.7 x |
| EV / FCF | -25.4 x | -28 x | -521 x | -44.4 x | 169 x | -359 x |
| FCF Yield | -3.94% | -3.57% | -0.19% | -2.25% | 0.59% | -0.28% |
| Price to Book | 3.3 x | 3.08 x | 3.12 x | 8.3 x | 8.63 x | 28.5 x |
| Nbr of stocks (in thousands) | 125,138 | 124,169 | 124,169 | 124,169 | 124,169 | 124,169 |
| Reference price 2 | 16.45 | 15.99 | 16.83 | 24.22 | 13.34 | 17.28 |
| Announcement Date | 4/8/19 | 4/28/20 | 4/27/21 | 3/28/22 | 4/26/23 | 4/9/24 |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 591 | 580.4 | 446.3 | 403 | 270.8 | 206.1 |
| EBITDA 1 | 107.6 | 98.61 | 83.53 | -23.8 | -90.02 | -52.21 |
| EBIT 1 | 73.54 | 61.53 | 48.57 | -58.16 | -123.2 | -82.86 |
| Operating Margin | 12.44% | 10.6% | 10.88% | -14.43% | -45.48% | -40.21% |
| Earnings before Tax (EBT) 1 | 58.32 | 45.52 | 22.39 | -322 | -175.8 | -119.1 |
| Net income 1 | 37.63 | 28.41 | 1.62 | -309.1 | -170.6 | -117 |
| Net margin | 6.37% | 4.89% | 0.36% | -76.7% | -62.98% | -56.77% |
| EPS 2 | 0.3000 | 0.2300 | 0.0100 | -2.490 | -1.370 | -0.9400 |
| Free Cash Flow 1 | -91.92 | -81.83 | -4.434 | -74.6 | 11.76 | -7.08 |
| FCF margin | -15.55% | -14.1% | -0.99% | -18.51% | 4.34% | -3.44% |
| FCF Conversion (EBITDA) | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - |
| Dividend per Share 2 | 0.0950 | - | - | - | - | - |
| Announcement Date | 4/8/19 | 4/28/20 | 4/27/21 | 3/28/22 | 4/26/23 | 4/9/24 |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 276 | 305 | 221 | 302 | 333 | 398 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 2.562 x | 3.092 x | 2.647 x | -12.67 x | -3.697 x | -7.623 x |
| Free Cash Flow 1 | -91.9 | -81.8 | -4.43 | -74.6 | 11.8 | -7.08 |
| ROE (net income / shareholders' equity) | 8.13% | 6.75% | 3.61% | -57.6% | -57.9% | -82% |
| ROA (Net income/ Total Assets) | 3.7% | 3.1% | 2.59% | -3.71% | -10.4% | -8.52% |
| Assets 1 | 1,016 | 915.8 | 62.56 | 8,324 | 1,645 | 1,374 |
| Book Value Per Share 2 | 4.980 | 5.190 | 5.400 | 2.920 | 1.550 | 0.6100 |
| Cash Flow per Share 2 | 0.7700 | 0.5600 | 0.2900 | 0.2300 | 0.2100 | 0.1500 |
| Capex 1 | 36.7 | 16.4 | 10.5 | 33 | 6.68 | 8.05 |
| Capex / Sales | 6.21% | 2.82% | 2.35% | 8.18% | 2.47% | 3.91% |
| Announcement Date | 4/8/19 | 4/28/20 | 4/27/21 | 3/28/22 | 4/26/23 | 4/9/24 |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| -12.44% | 260M | |
| +12.61% | 4.18B | |
| -1.90% | 1.52B | |
| +38.32% | 627M | |
| -14.49% | 536M | |
| +9.89% | 499M | |
| -2.57% | 303M | |
| -14.17% | 273M | |
| -24.45% | 227M | |
| +26.79% | 188M |
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- 603268 Stock
- Financials Guangdong Songfa Ceramics Co.,Ltd.
