SHANDONG HEAD GROUP CO.,LTD. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 14.88 CNY | +6.13% |
|
+11.71% | -29.78% |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 2,123 | 3,692 | 6,908 | 21,092 | 7,678 | 5,085 | 5,085 | - |
| Enterprise Value (EV) 1 | 2,123 | 3,692 | 6,908 | 21,304 | 8,130 | 7,806 | 4,931 | 4,491 |
| P/E ratio | 28.3 x | 23.4 x | 25.9 x | 63.5 x | 21.8 x | 33.1 x | 12.9 x | 10.4 x |
| Yield | 1.12% | 2.06% | - | 0.16% | 1.34% | 0.94% | 1.01% | 1.38% |
| Capitalization / Revenue | 2.32 x | 3.32 x | 5.28 x | 13.5 x | 4.45 x | 4.66 x | 2.33 x | 1.97 x |
| EV / Revenue | 2.32 x | 3.32 x | 5.28 x | 13.7 x | 4.72 x | 5.02 x | 2.26 x | 1.74 x |
| EV / EBITDA | - | - | - | 44.9 x | 17.5 x | 18.8 x | 7.75 x | 6.06 x |
| EV / FCF | - | - | - | - | - | - | - | - |
| FCF Yield | - | - | - | - | - | - | - | - |
| Price to Book | 2.81 x | 4.04 x | 5.74 x | 13.6 x | 4.08 x | 3.62 x | 2.05 x | 1.73 x |
| Nbr of stocks (in thousands) | 323,854 | 323,505 | 341,407 | 342,576 | 342,446 | 341,704 | 341,704 | - |
| Reference price 2 | 6.555 | 11.41 | 20.24 | 61.57 | 22.42 | 14.88 | 14.88 | 14.88 |
| Announcement Date | 2/27/19 | 4/10/20 | 3/16/21 | 4/25/22 | 3/7/23 | 4/26/24 | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 913.1 | 1,113 | 1,309 | 1,560 | 1,723 | 1,556 | 2,181 | 2,579 |
| EBITDA 1 | - | - | - | 474 | 465 | 415.9 | 636.3 | 741.6 |
| EBIT 1 | 89.27 | 186.2 | 294.6 | 376.5 | 411.5 | 260.2 | 485.5 | 621.5 |
| Operating Margin | 9.78% | 16.73% | 22.51% | 24.13% | 23.88% | 16.72% | 22.26% | 24.1% |
| Earnings before Tax (EBT) 1 | 88.12 | 181.9 | 293.7 | 376.6 | 409.8 | 259.5 | 485 | 620.5 |
| Net income 1 | 73.41 | 157.6 | 252.2 | 329.5 | 353.8 | 220.2 | 396.1 | 490 |
| Net margin | 8.04% | 14.16% | 19.27% | 21.12% | 20.53% | 14.15% | 18.16% | 19% |
| EPS 2 | 0.2316 | 0.4868 | 0.7824 | 0.9700 | 1.030 | 0.6400 | 1.158 | 1.433 |
| Free Cash Flow | - | - | - | - | - | - | - | - |
| FCF margin | - | - | - | - | - | - | - | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - | - |
| Dividend per Share 2 | 0.0735 | 0.2353 | - | 0.1000 | 0.3000 | 0.2000 | 0.1498 | 0.2050 |
| Announcement Date | 2/27/19 | 4/10/20 | 3/16/21 | 4/25/22 | 3/7/23 | 4/26/24 | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales | 389.5 | 391.8 | 515.5 | 424.7 | 391.4 | - | 375.4 | 428.1 | 377.7 | - | - | - | - | - |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT | 61.08 | - | 149.7 | 93.25 | 57.06 | - | 96.94 | 76.62 | - | - | - | - | - | - |
| Operating Margin | 15.68% | - | 29.04% | 21.96% | 14.58% | - | 25.83% | 17.9% | - | - | - | - | - | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net income | - | - | - | - | - | 72.8 | 84.11 | 72.62 | -9.321 | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | 22.41% | 16.96% | -2.47% | - | - | - | - | - |
| EPS | 0.1525 | - | 0.3788 | 0.2300 | 0.1400 | 0.2126 | 0.2474 | 0.2100 | -0.0300 | - | - | - | - | - |
| Dividend per Share 1 | 0.1000 | - | - | - | 0.3000 | - | - | - | - | - | - | 0.1096 | - | - |
| Announcement Date | 4/25/22 | 4/25/22 | 7/25/22 | 10/27/22 | 3/7/23 | 4/25/23 | 8/29/23 | 10/30/23 | 4/26/24 | - | - | - | - | - |
1CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | 212 | 453 | 553 | - | - |
| Net Cash position 1 | - | - | - | - | - | - | 154 | 594 |
| Leverage (Debt/EBITDA) | - | - | - | 0.4473 x | 0.9732 x | 1.33 x | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - |
| ROE (net income / shareholders' equity) | 10.3% | 19% | 24.9% | 24% | 20.7% | 11.2% | 16.4% | 17.4% |
| ROA (Net income/ Total Assets) | - | - | - | 12.5% | 11.9% | 10.6% | 10% | 10.6% |
| Assets 1 | - | - | - | 2,636 | 2,983 | 2,756 | 3,961 | 4,623 |
| Book Value Per Share 2 | 2.330 | 2.830 | 3.520 | 4.520 | 5.500 | 5.860 | 7.260 | 8.610 |
| Cash Flow per Share 2 | 0.3000 | 0.6500 | 1.130 | 1.330 | 0.8800 | 0.5300 | 1.890 | 1.850 |
| Capex 1 | 145 | 75.5 | 237 | 699 | 468 | 101 | 278 | 181 |
| Capex / Sales | 15.88% | 6.78% | 18.07% | 44.8% | 27.13% | 6.5% | 12.75% | 7.02% |
| Announcement Date | 2/27/19 | 4/10/20 | 3/16/21 | 4/25/22 | 3/7/23 | 4/26/24 | - | - |
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
Sell
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
14.88
CNY
Average target price
22
CNY
Spread / Average Target
+47.85%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -29.78% | 661M | |
| +11.76% | 63.22B | |
| -3.51% | 46.34B | |
| +13.09% | 39.97B | |
| +17.83% | 25.46B | |
| +8.37% | 18.68B | |
| +1.44% | 17.24B | |
| -20.33% | 15.81B | |
| +0.36% | 14.9B | |
| -12.98% | 13.74B |
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- Financials Shandong Head Group Co.,Ltd.
