Financials Hunan Friendship&Apollo Commercial Co.,Ltd.

Equities

002277

CNE100000F12

Department Stores

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
2.39 CNY +2.14% Intraday chart for Hunan Friendship&Apollo Commercial Co.,Ltd. +2.14% -40.69%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 4,435 4,615 5,131 4,545 6,371 3,332 3,332 -
Enterprise Value (EV) 1 4,435 4,615 5,131 4,545 6,371 3,332 3,332 3,332
P/E ratio 9.75 x 14.6 x 36.8 x 34.8 x 190 x 47.8 x 34.1 x 23.9 x
Yield 1.58% 0.76% 0.27% - - - - -
Capitalization / Revenue 0.61 x 0.74 x 2.22 x 1.77 x 3.56 x 2.36 x 2.18 x 2.06 x
EV / Revenue 0.61 x 0.74 x 2.22 x 1.77 x 3.56 x 2.36 x 2.18 x 2.06 x
EV / EBITDA 5,743,111 x 7,665,814 x 13,165,761 x - 21,062,727 x - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 0.67 x 0.68 x 0.74 x 0.69 x 0.96 x 0.5 x 0.49 x 0.48 x
Nbr of stocks (in thousands) 1,403,502 1,394,173 1,394,173 1,394,173 1,394,173 1,394,173 1,394,173 -
Reference price 2 3.160 3.310 3.680 3.260 4.570 2.390 2.390 2.390
Announcement Date 2/27/19 2/27/20 4/14/21 4/29/22 4/28/23 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net sales 1 7,218 6,248 2,313 2,566 1,789 1,411 1,531 1,621
EBITDA 772.2 602 389.7 - 302.5 - - -
EBIT 1 508.2 307 104.2 - 17.46 9 64 124
Operating Margin 7.04% 4.91% 4.51% - 0.98% 0.64% 4.18% 7.65%
Earnings before Tax (EBT) 1 508 309.9 47.27 - 17.37 8 63 123
Net income 1 453.5 316.6 139 130.7 33.06 65.38 101 140
Net margin 6.28% 5.07% 6.01% 5.09% 1.85% 4.63% 6.6% 8.64%
EPS 2 0.3240 0.2270 0.1000 0.0938 0.0240 0.0500 0.0700 0.1000
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 0.0500 0.0250 0.0100 - - - - -
Announcement Date 2/27/19 2/27/20 4/14/21 4/29/22 4/28/23 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 6.86% 4.71% 2.03% - 0.5% 0.98% 1.48% 2.02%
ROA (Net income/ Total Assets) 3.07% 2.02% 0.86% - 0.22% - 0.3% 0.6%
Assets 1 14,772 15,652 16,168 - 15,199 - 33,673 23,337
Book Value Per Share 2 4.740 4.890 4.950 4.720 4.760 4.810 4.880 4.980
Cash Flow per Share 2 0.0800 0.0100 0.0900 0.4100 0.2600 0.2600 0.2700 0.3200
Capex 1 541 588 188 157 89.8 200 200 200
Capex / Sales 7.5% 9.4% 8.14% 6.12% 5.02% 14.17% 13.06% 12.34%
Announcement Date 2/27/19 2/27/20 4/14/21 4/29/22 4/28/23 - - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
1
Last Close Price
2.39
Average target price
-
Consensus

Annual profits - Rate of surprise

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