Financials Juewei Food Co., Ltd.

Equities

603517

CNE100002RT5

Food Processing

End-of-day quote Shanghai S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
20.31 CNY +3.10% Intraday chart for Juewei Food Co., Ltd. +9.61% -24.39%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 28,271 47,193 41,970 37,181 16,955 12,820 - -
Enterprise Value (EV) 1 26,848 46,146 41,205 35,857 16,815 11,120 10,963 10,831
P/E ratio 33.7 x 67.4 x 42.7 x 161 x 48 x 16.5 x 11.6 x 12.3 x
Yield 1.14% 0.64% 0.83% 0.29% 1.86% 3.56% 4.53% 5.73%
Capitalization / Revenue 5.47 x 8.94 x 6.41 x 5.61 x 2.33 x 1.6 x 1.35 x 1.34 x
EV / Revenue 5.19 x 8.75 x 6.29 x 5.41 x 2.32 x 1.39 x 1.15 x 1.13 x
EV / EBITDA 23.6 x 41.6 x 28.7 x 62.4 x 21.8 x 7.83 x 6.55 x 5.69 x
EV / FCF 53.2 x 83.9 x 88.7 x 57.7 x -80.4 x 14.3 x 11.4 x -
FCF Yield 1.88% 1.19% 1.13% 1.73% -1.24% 6.99% 8.75% -
Price to Book 6.19 x 9.51 x 7.36 x 5.38 x 2.46 x 1.59 x 1.45 x 1.42 x
Nbr of stocks (in thousands) 608,631 608,631 614,225 608,631 631,239 631,239 - -
Reference price 2 46.45 77.54 68.33 61.09 26.86 20.31 20.31 20.31
Announcement Date 4/21/20 4/15/21 4/27/22 4/28/23 4/29/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 5,172 5,276 6,549 6,623 7,261 8,014 9,523 9,561
EBITDA 1 1,136 1,110 1,437 574.4 771.3 1,420 1,673 1,905
EBIT 1 1,006 956 1,262 346.5 702.8 1,067 1,440 1,449
Operating Margin 19.45% 18.12% 19.27% 5.23% 9.68% 13.32% 15.12% 15.15%
Earnings before Tax (EBT) 1 1,050 971 1,302 367.3 540.6 1,045 1,458 1,451
Net income 1 801.2 701.4 980.9 232.5 344.3 757 1,110 1,012
Net margin 15.49% 13.29% 14.98% 3.51% 4.74% 9.45% 11.65% 10.58%
EPS 2 1.380 1.150 1.600 0.3800 0.5600 1.231 1.748 1.657
Free Cash Flow 1 505.1 549.8 464.6 621.7 -209.3 776.8 959.3 -
FCF margin 9.77% 10.42% 7.09% 9.39% -2.88% 9.69% 10.07% -
FCF Conversion (EBITDA) 44.47% 49.52% 32.33% 108.23% - 54.69% 57.35% -
FCF Conversion (Net income) 63.04% 78.4% 47.36% 267.35% - 102.61% 86.45% -
Dividend per Share 2 0.5300 0.5000 0.5700 0.1800 0.5000 0.7226 0.9210 1.164
Announcement Date 4/21/20 4/15/21 4/27/22 4/28/23 4/29/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 Q4 2021 S2 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 - 1,702 3,405 1,688 1,648 1,784 1,503 1,824 1,876 1,932 1,630 1,695 1,827 2,014 1,909
EBITDA - - - - - - - - - - - - - - -
EBIT 1 - 10.85 - 128.1 44.46 165.4 21.37 181.5 128.6 203.9 187 - 282.8 291.8 214.6
Operating Margin - 0.64% - 7.59% 2.7% 9.27% 1.42% 9.95% 6.85% 10.56% 11.47% - 15.48% 14.49% 11.24%
Earnings before Tax (EBT) - 37.42 - - - - - - 154.7 209.4 -4.19 - - - -
Net income 274.4 16.85 - - - - - - 104.6 147.6 -45.34 - - - -
Net margin - 0.99% - - - - - - 5.58% 7.64% -2.78% - - - -
EPS 2 0.4508 0.0200 - 0.1400 0.0200 0.2000 0.0200 0.2300 0.1500 0.2300 -0.0600 - 0.3100 0.3200 0.2200
Dividend per Share 2 - - - - - - - - - - - - 0.1394 0.1394 0.1394
Announcement Date 8/26/20 4/27/22 4/27/22 4/27/22 8/30/22 10/26/22 4/28/23 4/28/23 8/28/23 10/25/23 4/29/24 4/30/24 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 1,422 1,047 764 1,325 140 1,700 1,857 1,989
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 505 550 465 622 -209 777 959 -
ROE (net income / shareholders' equity) 23.3% 14.7% 18.5% 4.05% 4.91% 10.3% 13.1% 12.6%
ROA (Net income/ Total Assets) 17.3% 12.3% 14.7% 2.86% - 9.49% 10.6% -
Assets 1 4,642 5,692 6,662 8,125 - 7,977 10,441 -
Book Value Per Share 2 7.500 8.160 9.280 11.30 10.90 12.80 14.00 14.30
Cash Flow per Share 2 1.690 1.500 1.770 1.980 0.6700 1.810 2.000 2.240
Capex 1 523 366 621 584 629 809 484 371
Capex / Sales 10.11% 6.93% 9.49% 8.82% 8.66% 10.09% 5.08% 3.88%
Announcement Date 4/21/20 4/15/21 4/27/22 4/28/23 4/29/24 - - -
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
D+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
15
Last Close Price
20.31 CNY
Average target price
29.35 CNY
Spread / Average Target
+44.50%
Consensus
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  4. Financials Juewei Food Co., Ltd.