Financials Ningbo Peacebird Fashion Co.,Ltd.

Equities

603877

CNE100002GV4

Apparel & Accessories Retailers

End-of-day quote Shanghai S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
14.91 CNY +0.20% Intraday chart for Ningbo Peacebird Fashion Co.,Ltd. +0.40% -12.70%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 7,312 14,136 13,137 8,700 8,093 7,065 - -
Enterprise Value (EV) 1 7,095 13,964 13,301 8,711 8,145 5,889 6,169 6,012
P/E ratio 13.1 x 19.9 x 19.4 x 47.2 x 19 x 12.7 x 10.7 x 9.7 x
Yield 4.58% 2.67% 2.15% 0.82% 3.51% 4.27% 5.02% 5.08%
Capitalization / Revenue 0.92 x 1.56 x 1.2 x 1.01 x 1.04 x 0.84 x 0.76 x 0.69 x
EV / Revenue 0.9 x 1.54 x 1.22 x 1.01 x 1.05 x 0.7 x 0.66 x 0.59 x
EV / EBITDA 8.98 x 12.1 x 12 x 17 x 9.78 x 5.9 x 5.5 x 5.01 x
EV / FCF 20.8 x 18.3 x 13.7 x 56.3 x 7.89 x 9.11 x 14.9 x 8.5 x
FCF Yield 4.82% 5.47% 7.3% 1.77% 12.7% 11% 6.72% 11.8%
Price to Book 2.08 x 3.67 x 3.08 x 2.15 x 1.79 x 1.46 x 1.35 x 1.24 x
Nbr of stocks (in thousands) 478,879 471,202 471,202 473,095 473,839 473,849 - -
Reference price 2 15.27 30.00 27.88 18.39 17.08 14.91 14.91 14.91
Announcement Date 4/20/20 3/10/21 3/29/22 4/17/23 3/11/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 7,928 9,057 10,921 8,602 7,792 8,426 9,320 10,214
EBITDA 1 790.2 1,151 1,104 511.8 832.8 997.2 1,121 1,201
EBIT 1 710.7 930.2 987.7 256.5 590.9 758.6 893.9 982.1
Operating Margin 8.97% 10.27% 9.04% 2.98% 7.58% 9% 9.59% 9.61%
Earnings before Tax (EBT) 1 708.8 910.6 949.3 261.6 580.8 748.4 884.2 971.4
Net income 1 551.5 710.9 677.3 184.7 421.9 555.8 661.1 729.6
Net margin 6.96% 7.85% 6.2% 2.15% 5.41% 6.6% 7.09% 7.14%
EPS 2 1.170 1.510 1.440 0.3900 0.9000 1.173 1.395 1.538
Free Cash Flow 1 341.9 763.6 971.4 154.6 1,032 646.5 414.5 707
FCF margin 4.31% 8.43% 8.9% 1.8% 13.25% 7.67% 4.45% 6.92%
FCF Conversion (EBITDA) 43.27% 66.35% 88% 30.2% 123.94% 64.83% 36.98% 58.87%
FCF Conversion (Net income) 61.99% 107.41% 143.44% 83.69% 244.62% 116.32% 62.7% 96.91%
Dividend per Share 2 0.7000 0.8000 0.6000 0.1500 0.6000 0.6369 0.7490 0.7573
Announcement Date 4/20/20 3/10/21 3/29/22 4/17/23 3/11/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2022 Q1 2022 S1 2022 Q3 2023 S1 2023 S2
Net sales 1 3,217 - - 2,027 3,601 4,191
EBITDA - - - - - -
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) - - - - - -
Net income 1 120.7 190.2 133.3 19.23 250.8 171.2
Net margin 3.75% - - 0.95% 6.96% 4.08%
EPS - - 0.2800 - - -
Dividend per Share - - - - - -
Announcement Date 8/30/21 4/28/22 8/30/22 10/27/22 8/21/23 3/11/24
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - 164 10.7 51.8 - - -
Net Cash position 1 217 172 - - - 1,177 896 1,054
Leverage (Debt/EBITDA) - - 0.1482 x 0.021 x 0.0622 x - - -
Free Cash Flow 1 342 764 971 155 1,032 647 415 707
ROE (net income / shareholders' equity) 16.2% 19.2% 16.9% 4.42% 9.74% 11.6% 12.7% 12.9%
ROA (Net income/ Total Assets) - 9.16% 7.23% 1.97% 5.07% 6.4% 7.24% 7.49%
Assets 1 - 7,758 9,368 9,373 8,320 8,682 9,130 9,734
Book Value Per Share 2 7.340 8.170 9.060 8.560 9.540 10.20 11.00 12.00
Cash Flow per Share 2 1.810 2.420 2.730 0.8400 2.690 1.920 1.850 1.980
Capex 1 527 391 329 244 244 318 303 228
Capex / Sales 6.64% 4.31% 3.01% 2.84% 3.13% 3.78% 3.25% 2.23%
Announcement Date 4/20/20 3/10/21 3/29/22 4/17/23 3/11/24 - - -
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
8
Last Close Price
14.91 CNY
Average target price
19.44 CNY
Spread / Average Target
+30.38%
Consensus

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Equities
  3. 603877 Stock
  4. Financials Ningbo Peacebird Fashion Co.,Ltd.