HEILONGJIANG AGRICULTURE COMPANY LIMITED |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 12.91 CNY | +0.62% |
|
-2.34% | +7.85% |
| Mar. 28 | Heilongjiang Agriculture Company Limited Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
| Jan. 16 | Heilongjiang Agriculture Chairman Resigns | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 17,315 | 34,220 | 25,883 | 24,461 | 21,279 | 22,950 | - |
| Enterprise Value (EV) 1 | 17,315 | 34,220 | 25,883 | 24,461 | 21,279 | 22,950 | 22,950 |
| P/E ratio | 20.4 x | 34.6 x | 30.2 x | 25.1 x | 20 x | 20.2 x | 19 x |
| Yield | 3.9% | 2.08% | 2.75% | 3.05% | 3.68% | 3.18% | 3.41% |
| Capitalization / Revenue | 5.57 x | 10.6 x | 7.13 x | 5.74 x | 4.22 x | 4.28 x | 4.02 x |
| EV / Revenue | 5.57 x | 10.6 x | 7.13 x | 5.74 x | 4.22 x | 4.28 x | 4.02 x |
| EV / EBITDA | 14.2 x | 25.3 x | 20.2 x | 20.5 x | 15.5 x | 17.3 x | 16.5 x |
| EV / FCF | - | - | - | - | - | - | - |
| FCF Yield | - | - | - | - | - | - | - |
| Price to Book | 2.6 x | 4.92 x | 3.64 x | 3.4 x | 2.84 x | 2.92 x | 2.75 x |
| Nbr of stocks (in thousands) | 1,777,680 | 1,777,680 | 1,777,680 | 1,777,680 | 1,777,680 | 1,777,680 | - |
| Reference price 2 | 9.740 | 19.25 | 14.56 | 13.76 | 11.97 | 12.91 | 12.91 |
| Announcement Date | 3/29/20 | 3/29/21 | 3/29/22 | 3/29/23 | 3/28/24 | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 3,111 | 3,241 | 3,629 | 4,262 | 5,044 | 5,366 | 5,713 |
| EBITDA 1 | 1,216 | 1,350 | 1,280 | 1,195 | 1,377 | 1,330 | 1,390 |
| EBIT 1 | 998.9 | 1,111 | 1,035 | 946.4 | 1,124 | 1,200 | 1,276 |
| Operating Margin | 32.11% | 34.28% | 28.51% | 22.21% | 22.28% | 22.36% | 22.34% |
| Earnings before Tax (EBT) 1 | 822.3 | 986.6 | 731.8 | 958 | 1,111 | 1,190 | 1,266 |
| Net income 1 | 848.6 | 990 | 857.4 | 975.3 | 1,064 | 1,141 | 1,217 |
| Net margin | 27.28% | 30.55% | 23.62% | 22.89% | 21.09% | 21.26% | 21.3% |
| EPS 2 | 0.4770 | 0.5570 | 0.4820 | 0.5490 | 0.5980 | 0.6400 | 0.6800 |
| Free Cash Flow | - | - | - | - | - | - | - |
| FCF margin | - | - | - | - | - | - | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - |
| Dividend per Share 2 | 0.3800 | 0.4000 | 0.4000 | 0.4200 | 0.4400 | 0.4100 | 0.4400 |
| Announcement Date | 3/29/20 | 3/29/21 | 3/29/22 | 3/29/23 | 3/28/24 | - | - |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net Debt | - | - | - | - | - | - | - |
| Net Cash position | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - |
| ROE (net income / shareholders' equity) | 13% | 14.7% | 12.3% | 14% | 14.6% | 14.8% | 15% |
| ROA (Net income/ Total Assets) | 10.7% | 12.4% | 10.6% | 12% | - | 12.8% | 12.9% |
| Assets 1 | 7,910 | 7,970 | 8,061 | 8,129 | - | 8,914 | 9,434 |
| Book Value Per Share 2 | 3.740 | 3.920 | 4.000 | 4.040 | 4.220 | 4.420 | 4.700 |
| Cash Flow per Share 2 | 0.4600 | 0.6700 | 0.6900 | 0.7100 | 0.8500 | 0.7600 | 0.7900 |
| Capex 1 | 234 | 334 | 259 | 347 | 576 | 300 | 300 |
| Capex / Sales | 7.51% | 10.3% | 7.12% | 8.15% | 11.43% | 5.59% | 5.25% |
| Announcement Date | 3/29/20 | 3/29/21 | 3/29/22 | 3/29/23 | 3/28/24 | - | - |
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
C-
Sell
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
12.91
CNY
Average target price
15.5
CNY
Spread / Average Target
+20.06%
EPS Revisions
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +7.85% | 3.17B | |
| +0.02% | 7.34B | |
| -3.78% | 357M | |
| +14.12% | 296M | |
| -35.76% | 103M |
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