Financials Jujiang Construction Group Co., Ltd.

Equities

1459

CNE100002417

Homebuilding

Market Closed - Hong Kong S.E. 09:31:06 2024-04-28 pm EDT 5-day change 1st Jan Change
0.375 HKD +8.70% Intraday chart for Jujiang Construction Group Co., Ltd. +8.70% -25.00%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 484.2 496.4 495.7 309.7 330.3 282.6
Enterprise Value (EV) 1 949.9 749.1 770 606.9 560 574.7
P/E ratio 3.91 x 2.9 x 3.71 x 2.69 x 3.52 x 5.15 x
Yield - 3.69% 3.91% 5.82% 5.25% 6.6%
Capitalization / Revenue 0.1 x 0.07 x 0.07 x 0.04 x 0.03 x 0.03 x
EV / Revenue 0.2 x 0.11 x 0.11 x 0.08 x 0.06 x 0.07 x
EV / EBITDA 4.61 x 2.58 x 3.06 x 2.33 x 2.49 x 4.36 x
EV / FCF 9.44 x 3.21 x -10.6 x 17.9 x 2.28 x -15.6 x
FCF Yield 10.6% 31.1% -9.47% 5.59% 43.8% -6.41%
Price to Book 0.43 x 0.38 x 0.35 x 0.21 x 0.21 x 0.17 x
Nbr of stocks (in thousands) 533,360 533,360 533,360 533,360 533,360 533,360
Reference price 2 0.9079 0.9308 0.9294 0.5807 0.6193 0.5299
Announcement Date 4/26/18 4/29/19 4/29/20 4/28/21 4/29/22 4/24/23
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 4,803 6,896 7,055 8,008 10,048 8,552
EBITDA 1 206.2 289.9 251.7 260.1 225.2 131.8
EBIT 1 197.1 280.9 240.6 248.3 206.2 109.5
Operating Margin 4.1% 4.07% 3.41% 3.1% 2.05% 1.28%
Earnings before Tax (EBT) 1 168.5 223 181.7 146.8 106.8 55.08
Net income 1 123.8 171.1 133.7 115.4 93.82 54.86
Net margin 2.58% 2.48% 1.9% 1.44% 0.93% 0.64%
EPS 2 0.2321 0.3208 0.2507 0.2163 0.1759 0.1029
Free Cash Flow 1 100.6 233.3 -72.95 33.94 245.3 -36.84
FCF margin 2.1% 3.38% -1.03% 0.42% 2.44% -0.43%
FCF Conversion (EBITDA) 48.81% 80.45% - 13.05% 108.9% -
FCF Conversion (Net income) 81.29% 136.34% - 29.43% 261.44% -
Dividend per Share - 0.0343 0.0363 0.0338 0.0325 0.0350
Announcement Date 4/26/18 4/29/19 4/29/20 4/28/21 4/29/22 4/24/23
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 466 253 274 297 230 292
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 2.259 x 0.8713 x 1.09 x 1.142 x 1.02 x 2.217 x
Free Cash Flow 1 101 233 -73 33.9 245 -36.8
ROE (net income / shareholders' equity) 11.7% 14.1% 10.1% 7.91% 5.95% 3.43%
ROA (Net income/ Total Assets) 2.66% 3.41% 2.73% 2.75% 2.16% 1.08%
Assets 1 4,650 5,022 4,904 4,201 4,350 5,076
Book Value Per Share 2 2.110 2.430 2.640 2.820 2.970 3.030
Cash Flow per Share 2 0.1600 0.3100 0.5100 0.3500 0.4700 0.4100
Capex 1 5.89 14.9 10.2 17.5 46.5 28.6
Capex / Sales 0.12% 0.22% 0.14% 0.22% 0.46% 0.33%
Announcement Date 4/26/18 4/29/19 4/29/20 4/28/21 4/29/22 4/24/23
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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