OFILM GROUP CO., LTD. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 9.17 CNY | +3.27% |
|
+0.77% | +5.28% |
| Apr. 22 | OFilm Returns to Profit in 2023, Operating Income Jumps 14% | MT |
| Apr. 19 | OFILM Group Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 42,321 | 35,517 | 31,644 | 15,344 | 28,376 | 29,874 | - | - |
| Enterprise Value (EV) 1 | 52,836 | 45,620 | 36,449 | 19,866 | 33,629 | 34,101 | 31,516 | 29,874 |
| P/E ratio | 83 x | -18.3 x | -10.7 x | -2.96 x | 369 x | 69.9 x | 29.7 x | 45.8 x |
| Yield | 0.13% | 0.06% | - | - | - | - | - | - |
| Capitalization / Revenue | 0.81 x | 0.73 x | 1.39 x | 1.03 x | 1.68 x | 1.6 x | 1.21 x | 1.37 x |
| EV / Revenue | 1.02 x | 0.94 x | 1.6 x | 1.34 x | 1.99 x | 1.83 x | 1.28 x | 1.37 x |
| EV / EBITDA | 18.5 x | 183 x | -31.9 x | -13.8 x | 52.4 x | 23.3 x | 15.1 x | 17.8 x |
| EV / FCF | 39,633,767 x | 18,267,533 x | 15,788,357 x | 17,371,955 x | - | - | - | - |
| FCF Yield | 0% | 0% | 0% | 0% | - | - | - | - |
| Price to Book | 4.47 x | 4.76 x | 3.75 x | 4.74 x | 8.34 x | 6.46 x | 5.52 x | - |
| Nbr of stocks (in thousands) | 2,712,867 | 2,694,739 | 3,262,263 | 3,257,817 | 3,257,817 | 3,257,817 | - | - |
| Reference price 2 | 15.60 | 13.18 | 9.700 | 4.710 | 8.710 | 9.170 | 9.170 | 9.170 |
| Announcement Date | 2/28/20 | 2/26/21 | 4/29/22 | 4/27/23 | 4/19/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 51,974 | 48,350 | 22,844 | 14,827 | 16,863 | 18,674 | 24,707 | 21,764 |
| EBITDA 1 | 2,858 | 249.3 | -1,143 | -1,435 | 642.2 | 1,462 | 2,091 | 1,680 |
| EBIT 1 | 657 | -1,731 | -2,465 | -2,279 | -186.3 | 922.4 | 1,280 | 1,024 |
| Operating Margin | 1.26% | -3.58% | -10.79% | -15.37% | -1.1% | 4.94% | 5.18% | 4.7% |
| Earnings before Tax (EBT) 1 | 657 | -1,770 | -2,735 | -5,596 | 5.906 | 591.2 | 1,178 | 902 |
| Net income 1 | 509.9 | -1,945 | -2,625 | -5,182 | 76.91 | 427.1 | 1,002 | 651.7 |
| Net margin | 0.98% | -4.02% | -11.49% | -34.95% | 0.46% | 2.29% | 4.06% | 2.99% |
| EPS 2 | 0.1879 | -0.7216 | -0.9102 | -1.590 | 0.0236 | 0.1311 | 0.3089 | 0.2000 |
| Free Cash Flow | 1,333 | 2,497 | 2,309 | 1,144 | - | - | - | - |
| FCF margin | 2.56% | 5.17% | 10.11% | 7.71% | - | - | - | - |
| FCF Conversion (EBITDA) | 46.64% | 1,001.69% | - | - | - | - | - | - |
| FCF Conversion (Net income) | 261.47% | - | - | - | - | - | - | - |
| Dividend per Share 2 | 0.0210 | 0.008000 | - | - | - | - | - | - |
| Announcement Date | 2/28/20 | 2/26/21 | 4/29/22 | 4/27/23 | 4/19/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2019 S2 | 2021 Q3 | 2021 Q4 | 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 | - | 5,456 | 5,646 | 4,593 | 3,183 | 3,049 | 4,003 | 2,696 | 3,619 | 4,505 | 6,044 | 3,788 | 3,806 | 4,869 | 6,212 |
| EBITDA 1 | - | 493.1 | -1,036 | 193.9 | -313.1 | -270.8 | - | - | - | - | - | 242.9 | 308.8 | 421.5 | 489.1 |
| EBIT 1 | 479.3 | -104.2 | -2,397 | -241.8 | -755 | -2,311 | 701.9 | -430.3 | -183.8 | 49.35 | 378.5 | 65.5 | 131.4 | 244 | 311.7 |
| Operating Margin | - | -1.91% | -42.45% | -5.26% | -23.72% | -75.78% | 17.54% | -15.96% | -5.08% | 1.1% | 6.26% | 1.73% | 3.45% | 5.01% | 5.02% |
| Earnings before Tax (EBT) 1 | - | -101.1 | -2,689 | -239.4 | -756.1 | -2,512 | -2,088 | -430.4 | -38.88 | 85.55 | 389.6 | 22.42 | 91.1 | 204.4 | 273.3 |
| Net income 1 | - | -74.28 | -2,585 | -186.3 | -687.5 | -2,407 | -1,901 | -358.1 | 4.392 | 54.32 | 376.3 | 16.2 | 65.82 | 147.7 | 197.5 |
| Net margin | - | -1.36% | -45.78% | -4.06% | -21.6% | -78.96% | -47.5% | -13.28% | 0.12% | 1.21% | 6.23% | 0.43% | 1.73% | 3.03% | 3.18% |
| EPS 2 | - | -0.0200 | -0.9000 | -0.0571 | -0.2100 | -0.7400 | -0.5800 | -0.1099 | 0.001300 | 0.0200 | 0.1100 | 0.005970 | 0.0242 | 0.0544 | 0.0728 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/28/20 | 10/29/21 | 4/29/22 | 4/29/22 | 8/29/22 | 10/30/22 | 4/27/23 | 4/27/23 | 8/22/23 | 10/30/23 | 4/19/24 | - | - | - | - |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 10,515 | 10,103 | 4,805 | 4,521 | 5,254 | 4,227 | 1,642 | - |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 3.679 x | 40.52 x | -4.204 x | -3.15 x | 8.18 x | 2.891 x | 0.7853 x | - |
| Free Cash Flow | 1,333 | 2,497 | 2,309 | 1,144 | - | - | - | - |
| ROE (net income / shareholders' equity) | 5.8% | 8.9% | -35.7% | -88.6% | 2.32% | 11.8% | 14.6% | 13.9% |
| ROA (Net income/ Total Assets) | 1.3% | -5.2% | -8.92% | - | - | - | - | - |
| Assets 1 | 39,250 | 37,395 | 29,431 | - | - | - | - | - |
| Book Value Per Share 2 | 3.490 | 2.770 | 2.590 | 0.9900 | 1.040 | 1.420 | 1.660 | - |
| Cash Flow per Share | 1.200 | 1.500 | 0.6100 | - | - | - | - | - |
| Capex | 1,923 | 1,585 | 879 | 699 | - | - | - | - |
| Capex / Sales | 3.7% | 3.28% | 3.85% | 4.71% | - | - | - | - |
| Announcement Date | 2/28/20 | 2/26/21 | 4/29/22 | 4/27/23 | 4/19/24 | - | - | - |
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
C
Sell
Buy
Mean consensus
HOLD
Number of Analysts
3
Last Close Price
9.17
CNY
Average target price
9.347
CNY
Spread / Average Target
+1.93%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +5.28% | 4.12B | |
| +21.55% | 72.28B | |
| +48.33% | 65.86B | |
| -4.21% | 34.41B | |
| -16.43% | 28.52B | |
| -7.17% | 14.26B | |
| -13.03% | 9.92B | |
| +5.83% | 9.52B | |
| +71.16% | 8.54B | |
| +3.02% | 7.91B |
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- Financials OFILM Group Co., Ltd.
