End-of-day quote
Shanghai S.E.
06:00:00 2024-04-25 pm EDT
|
5-day change
|
1st Jan Change
|
76.89
CNY
|
-1.28%
|
|
-7.97%
|
+11.43%
|
Fiscal Period: December |
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Capitalization
1 |
18,866
|
19,790
|
18,272
|
19,001
|
17,728
|
30,336
|
30,336
|
-
|
Enterprise Value (EV)
1 |
19,824
|
23,571
|
20,801
|
21,144
|
20,556
|
26,922
|
28,478
|
27,635
|
P/E ratio
|
19.5
x
|
17.7
x
|
15
x
|
12.8
x
|
13.2
x
|
16.3
x
|
15.8
x
|
14.1
x
|
Yield
|
2.44%
|
2.42%
|
2.76%
|
3.16%
|
3.41%
|
2.2%
|
2.62%
|
2.73%
|
Capitalization / Revenue
|
0.43
x
|
0.4
x
|
0.35
x
|
0.32
x
|
0.28
x
|
0.38
x
|
0.38
x
|
0.33
x
|
EV / Revenue
|
0.45
x
|
0.47
x
|
0.4
x
|
0.36
x
|
0.33
x
|
0.38
x
|
0.35
x
|
0.3
x
|
EV / EBITDA
|
9.04
x
|
9.28
x
|
7.26
x
|
6.41
x
|
6.65
x
|
7.07
x
|
5.88
x
|
5.27
x
|
EV / FCF
|
-46.9
x
|
-18.4
x
|
8.09
x
|
10.2
x
|
23.1
x
|
6.13
x
|
-
|
-
|
FCF Yield
|
-2.13%
|
-5.43%
|
12.4%
|
9.79%
|
4.33%
|
16.3%
|
-
|
-
|
Price to Book
|
3.8
x
|
3.55
x
|
2.98
x
|
2.61
x
|
2.21
x
|
3.12
x
|
3.08
x
|
2.71
x
|
Nbr of stocks (in thousands)
|
523,118
|
523,118
|
523,118
|
523,118
|
523,118
|
523,118
|
523,118
|
-
|
Reference price
2 |
45.00
|
47.61
|
45.33
|
45.85
|
42.80
|
76.89
|
76.89
|
76.89
|
Announcement Date
|
3/7/19
|
3/16/20
|
3/3/21
|
3/2/22
|
3/2/23
|
3/4/24
|
-
|
-
|
Fiscal Period: December |
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Net sales
1 |
43,784
|
49,629
|
51,722
|
58,691
|
63,010
|
71,436
|
80,359
|
91,067
|
EBITDA
1 |
2,194
|
2,539
|
2,865
|
3,300
|
3,092
|
4,321
|
4,842
|
5,248
|
EBIT
1 |
2,109
|
2,462
|
2,797
|
3,232
|
3,017
|
3,968
|
4,521
|
5,078
|
Operating Margin
|
4.82%
|
4.96%
|
5.41%
|
5.51%
|
4.79%
|
5.55%
|
5.63%
|
5.58%
|
Earnings before Tax (EBT)
1 |
2,150
|
2,493
|
2,794
|
3,242
|
3,028
|
3,979
|
4,494
|
5,060
|
Net income
1 |
1,205
|
1,408
|
1,586
|
1,876
|
1,700
|
2,214
|
2,539
|
2,858
|
Net margin
|
2.75%
|
2.84%
|
3.07%
|
3.2%
|
2.7%
|
3.1%
|
3.16%
|
3.14%
|
EPS
2 |
2.303
|
2.692
|
3.032
|
3.587
|
3.250
|
4.233
|
4.853
|
5.462
|
Free Cash Flow
1 |
-422.3
|
-1,281
|
2,573
|
2,070
|
890.6
|
4,985
|
-
|
-
|
FCF margin
|
-0.96%
|
-2.58%
|
4.97%
|
3.53%
|
1.41%
|
6.74%
|
-
|
-
|
FCF Conversion (EBITDA)
|
-
|
-
|
89.78%
|
62.74%
|
28.8%
|
115.36%
|
-
|
-
|
FCF Conversion (Net income)
|
-
|
-
|
162.21%
|
110.34%
|
52.38%
|
213.84%
|
-
|
-
|
Dividend per Share
2 |
1.100
|
1.150
|
1.250
|
1.450
|
1.460
|
1.690
|
2.017
|
2.097
|
Announcement Date
|
3/7/19
|
3/16/20
|
3/3/21
|
3/2/22
|
3/2/23
|
3/4/24
|
-
|
-
|
Fiscal Period: December |
2019 S1
|
2022 Q1
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
---|
Net sales
1 |
28,105
|
-
|
-
|
-
|
-
|
-
|
40,344
|
-
|
12,500
|
26,000
|
18,700
|
26,800
|
13,800
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Operating Margin
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Earnings before Tax (EBT)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
|
739.1
|
-
|
-
|
-
|
-
|
-
|
1,273
|
-
|
-
|
-
|
-
|
-
|
-
|
Net margin
|
2.63%
|
-
|
-
|
-
|
-
|
-
|
3.16%
|
-
|
-
|
-
|
-
|
-
|
-
|
EPS
2 |
-
|
0.7772
|
0.8901
|
0.6600
|
1.369
|
1.060
|
-
|
1.330
|
0.6700
|
1.480
|
1.150
|
1.420
|
0.5100
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
8/27/19
|
4/28/22
|
10/27/22
|
3/2/23
|
4/27/23
|
8/27/23
|
8/27/23
|
10/26/23
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Net Debt
1 |
958
|
3,782
|
2,529
|
2,144
|
2,828
|
199
|
-
|
-
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
1,858
|
2,701
|
Leverage (Debt/EBITDA)
|
0.4366
x
|
1.49
x
|
0.8825
x
|
0.6496
x
|
0.9146
x
|
0.046
x
|
-
|
-
|
Free Cash Flow
1 |
-422
|
-1,281
|
2,573
|
2,070
|
891
|
4,985
|
-
|
-
|
ROE (net income / shareholders' equity)
|
20.3%
|
21.2%
|
21%
|
21.7%
|
17.4%
|
20.5%
|
20.2%
|
20.3%
|
ROA (Net income/ Total Assets)
|
8.36%
|
8.62%
|
8.63%
|
8.97%
|
7.04%
|
8.43%
|
8.13%
|
8.39%
|
Assets
1 |
14,402
|
16,336
|
18,372
|
20,919
|
24,140
|
27,652
|
31,213
|
34,044
|
Book Value Per Share
2 |
11.80
|
13.40
|
15.20
|
17.60
|
19.40
|
22.10
|
25.00
|
28.40
|
Cash Flow per Share
2 |
-0.7100
|
-2.400
|
4.490
|
3.800
|
1.840
|
6.760
|
-8.440
|
5.740
|
Capex
1 |
51.7
|
26.7
|
36.5
|
55.2
|
73.5
|
60.3
|
66.9
|
48.1
|
Capex / Sales
|
0.12%
|
0.05%
|
0.07%
|
0.09%
|
0.12%
|
0.08%
|
0.08%
|
0.05%
|
Announcement Date
|
3/7/19
|
3/16/20
|
3/3/21
|
3/2/22
|
3/2/23
|
3/4/24
|
-
|
-
|
Last Close Price
76.89
CNY Average target price
74.75
CNY Spread / Average Target -2.78% Consensus |
1st Jan change
|
Capi.
|
---|
| +11.43% | 4.19B | | -2.49% | 38.16B | | -6.02% | 13.93B | | +17.87% | 12.8B | | +6.65% | 2.43B | | +7.50% | 2.46B | | -6.25% | 1.5B | | -20.28% | 1.3B | | -13.01% | 1.13B | | 0.00% | 1.05B |
Jewelry
|