Financials Guangdong South New Media Co.,Ltd.

Equities

300770

CNE100003KB6

Broadcasting

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
37.75 CNY -2.05% Intraday chart for Guangdong South New Media Co.,Ltd. -0.74% -2.40%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 16,688 16,243 13,748 8,629 8,863 8,650 - -
Enterprise Value (EV) 1 16,688 14,120 11,111 5,334 5,468 4,578 4,224 8,650
P/E ratio 38.7 x 28.2 x 20.3 x 12.5 x 12.5 x 14.4 x 12.4 x 13.4 x
Yield 0.69% 1.14% 2% 3.61% 2.74% 4.24% 4.32% -
Capitalization / Revenue 16.8 x 13.3 x 9.76 x 6.04 x 5.82 x 5.51 x 5.15 x 5.1 x
EV / Revenue 16.8 x 11.6 x 7.89 x 3.73 x 3.59 x 2.92 x 2.52 x 5.1 x
EV / EBITDA 34.2 x 20.3 x 12.9 x 6.56 x 7.04 x 6.32 x 4.98 x 12.1 x
EV / FCF - - - 6,104,379 x - - - -
FCF Yield - - - 0% - - - -
Price to Book 7.64 x 6.14 x 4.55 x 2.51 x 2.43 x 2.26 x 1.93 x 2.02 x
Nbr of stocks (in thousands) 231,058 231,058 229,131 229,131 229,131 229,131 - -
Reference price 2 72.22 70.30 60.00 37.66 38.68 37.75 37.75 37.75
Announcement Date 2/27/20 4/15/21 4/15/22 2/24/23 2/29/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 996 1,221 1,409 1,429 1,523 1,570 1,678 1,697
EBITDA 1 487.6 694.7 860.8 813 777.1 724.8 847.8 714
EBIT 1 398.3 576.9 680.5 693.6 698.7 713.4 780.7 760.6
Operating Margin 39.99% 47.26% 48.3% 48.55% 45.86% 45.43% 46.51% 44.82%
Earnings before Tax (EBT) 1 399.8 580.4 681.3 693.2 699.6 714 779.1 762.6
Net income 1 395.7 574.9 679.7 691.3 707.7 607.6 704.4 649.5
Net margin 39.73% 47.1% 48.24% 48.39% 46.45% 38.7% 41.97% 38.27%
EPS 2 1.867 2.490 2.960 3.020 3.090 2.630 3.050 2.810
Free Cash Flow - - - 873.8 - - - -
FCF margin - - - 61.17% - - - -
FCF Conversion (EBITDA) - - - 107.49% - - - -
FCF Conversion (Net income) - - - 126.4% - - - -
Dividend per Share 2 0.5000 0.8000 1.200 1.360 1.060 1.600 1.630 -
Announcement Date 2/27/20 4/15/21 4/15/22 2/24/23 2/29/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q1 2022 Q2 2022 S1 2022 Q3 2023 Q1 2023 Q2 2023 Q3 2024 Q1
Net sales 1 388.4 353.6 742 363.4 356.7 349.9 401.8 400.6
EBITDA - - - - - - - -
EBIT - - - - - - - -
Operating Margin - - - - - - - -
Earnings before Tax (EBT) - - - - - - - -
Net income 1 171.5 166.4 337.9 174.8 170.4 158.8 170.1 148
Net margin 44.16% 47.05% 45.54% 48.1% 47.78% 45.38% 42.34% 36.94%
EPS - - - - - - - -
Dividend per Share - - - - - - - -
Announcement Date 4/27/22 8/24/22 8/24/22 10/27/22 4/21/23 8/28/23 10/27/23 4/22/24
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 - 2,123 2,637 3,295 3,395 4,071 4,426 -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - 874 - - - -
ROE (net income / shareholders' equity) 24.3% 23.9% 24.1% 21.4% 19.7% 15.9% 16.4% 15%
ROA (Net income/ Total Assets) 20.7% 19.2% 19.4% 17.1% 15.7% 12.8% 13.1% -
Assets 1 1,914 2,994 3,504 4,048 4,503 4,747 5,377 -
Book Value Per Share 2 9.450 11.50 13.20 15.00 15.90 16.70 19.60 18.70
Cash Flow per Share 2 2.000 2.270 4.520 4.350 2.710 2.770 3.370 3.680
Capex 1 171 186 204 132 84.4 80.5 88.9 63
Capex / Sales 17.18% 15.23% 14.48% 9.24% 5.54% 5.13% 5.3% 3.71%
Announcement Date 2/27/20 4/15/21 4/15/22 2/24/23 2/29/24 - - -
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
4
Last Close Price
37.75 CNY
Average target price
48.12 CNY
Spread / Average Target
+27.46%
Consensus

Quarterly revenue - Rate of surprise

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