Financials Hualan Biological Vaccine Inc.

Equities

301207

CNE1000058J9

Pharmaceuticals

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
21.28 CNY -8.87% Intraday chart for Hualan Biological Vaccine Inc. -6.13% -23.45%

Valuation

Fiscal Period: December 2022 2023 2024 2025 2026
Capitalization 1 17,832 16,680 12,768 - -
Enterprise Value (EV) 1 17,832 16,680 12,768 12,768 12,768
P/E ratio 33.7 x 19.5 x 12.3 x 9.96 x 7.88 x
Yield - 2.16% 3.34% 3.95% 5.12%
Capitalization / Revenue 9.77 x 6.92 x 4.36 x 3.59 x 2.98 x
EV / Revenue 9.77 x 6.92 x 4.36 x 3.59 x 2.98 x
EV / EBITDA 24.3 x 14.4 x 9.63 x 7.8 x 6.32 x
EV / FCF - 20.2 x 16.8 x 15.5 x 16.6 x
FCF Yield - 4.95% 5.95% 6.44% 6.03%
Price to Book 3.24 x 2.66 x 1.8 x 1.57 x 1.33 x
Nbr of stocks (in thousands) 600,015 600,015 600,015 - -
Reference price 2 29.72 27.80 21.28 21.28 21.28
Announcement Date 3/29/23 3/29/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Net sales 1 1,830 1,826 2,410 2,932 3,561 4,290
EBITDA 1 - 733.2 1,155 1,326 1,637 2,020
EBIT 1 - 592.6 1,010 1,215 1,492 1,900
Operating Margin - 32.46% 41.9% 41.46% 41.91% 44.28%
Earnings before Tax (EBT) 1 - 589.5 1,007 1,214 1,490 1,897
Net income 1 - 519.6 860 1,036 1,283 1,620
Net margin - 28.46% 35.68% 35.34% 36.04% 37.78%
EPS 2 1.150 0.8807 1.428 1.730 2.138 2.700
Free Cash Flow 1 - - 825.5 759.2 821.9 770.3
FCF margin - - 34.25% 25.9% 23.08% 17.96%
FCF Conversion (EBITDA) - - 71.48% 57.26% 50.2% 38.13%
FCF Conversion (Net income) - - 95.99% 73.28% 64.05% 47.53%
Dividend per Share 2 - - 0.6000 0.7100 0.8400 1.090
Announcement Date 3/29/22 3/29/23 3/29/24 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Net Debt - - - - - -
Net Cash position - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 - - 826 759 822 770
ROE (net income / shareholders' equity) - 10.6% 14.7% 14.9% 16% 16.9%
ROA (Net income/ Total Assets) - - 11.4% 12.1% 13.3% 15.1%
Assets 1 - - 7,535 8,598 9,673 10,732
Book Value Per Share 2 - 9.160 10.40 11.80 13.50 16.00
Cash Flow per Share 2 - 0.4800 1.480 1.690 1.960 2.440
Capex 1 - 92.3 62.5 171 168 195
Capex / Sales - 5.06% 2.59% 5.83% 4.71% 4.55%
Announcement Date 3/29/22 3/29/23 3/29/24 - - -
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
21.28 CNY
Average target price
33.2 CNY
Spread / Average Target
+56.02%
Consensus

Annual profits - Rate of surprise

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