End-of-day quote
Shenzhen S.E.
06:00:00 2024-04-25 pm EDT
|
5-day change
|
1st Jan Change
|
9.76
CNY
|
+0.83%
|
|
+4.95%
|
-26.23%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
8,474
|
19,642
|
22,695
|
17,442
|
11,642
|
8,589
|
-
|
-
|
Enterprise Value (EV)
1 |
8,474
|
19,642
|
22,695
|
16,304
|
10,333
|
7,970
|
7,532
|
7,460
|
P/E ratio
|
204
x
|
193
x
|
97.5
x
|
68.9
x
|
45.5
x
|
28.7
x
|
20.4
x
|
18.5
x
|
Yield
|
0.62%
|
0.16%
|
0.14%
|
-
|
0.27%
|
0.87%
|
0.8%
|
0.92%
|
Capitalization / Revenue
|
10.3
x
|
21.8
x
|
20.6
x
|
13.2
x
|
7.5
x
|
5.27
x
|
4.38
x
|
4.04
x
|
EV / Revenue
|
10.3
x
|
21.8
x
|
20.6
x
|
12.3
x
|
6.66
x
|
4.89
x
|
3.84
x
|
3.51
x
|
EV / EBITDA
|
171
x
|
133
x
|
70.9
x
|
44.7
x
|
28.7
x
|
25
x
|
17.1
x
|
15.1
x
|
EV / FCF
|
-
|
-
|
73.9
x
|
-
|
172
x
|
28.4
x
|
30.6
x
|
18.8
x
|
FCF Yield
|
-
|
-
|
1.35%
|
-
|
0.58%
|
3.53%
|
3.27%
|
5.32%
|
Price to Book
|
2.98
x
|
6.8
x
|
7.35
x
|
5.26
x
|
3.26
x
|
2.25
x
|
2.04
x
|
1.89
x
|
Nbr of stocks (in thousands)
|
880,000
|
880,000
|
880,000
|
880,000
|
880,000
|
880,000
|
-
|
-
|
Reference price
2 |
9.630
|
22.32
|
25.79
|
19.82
|
13.23
|
9.760
|
9.760
|
9.760
|
Announcement Date
|
2/28/20
|
3/4/21
|
3/15/22
|
4/24/23
|
4/22/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
823.2
|
900.7
|
1,101
|
1,326
|
1,552
|
1,630
|
1,961
|
2,124
|
EBITDA
1 |
49.61
|
147.4
|
320.1
|
364.9
|
360.3
|
319.3
|
441.1
|
493.4
|
EBIT
1 |
-27.69
|
73.34
|
254.1
|
298.9
|
298.2
|
339
|
465.6
|
525.2
|
Operating Margin
|
-3.36%
|
8.14%
|
23.09%
|
22.55%
|
19.21%
|
20.81%
|
23.74%
|
24.73%
|
Earnings before Tax (EBT)
1 |
-29.89
|
69.03
|
239.6
|
292.9
|
301
|
339.6
|
473.4
|
525.9
|
Net income
1 |
41.58
|
102
|
232.8
|
253.2
|
255.8
|
306.7
|
417.3
|
466.2
|
Net margin
|
5.05%
|
11.32%
|
21.15%
|
19.1%
|
16.48%
|
18.82%
|
21.28%
|
21.95%
|
EPS
2 |
0.0473
|
0.1159
|
0.2645
|
0.2878
|
0.2907
|
0.3400
|
0.4775
|
0.5267
|
Free Cash Flow
1 |
-
|
-
|
307
|
-
|
60.23
|
281
|
246
|
397
|
FCF margin
|
-
|
-
|
27.89%
|
-
|
3.88%
|
17.24%
|
12.54%
|
18.69%
|
FCF Conversion (EBITDA)
|
-
|
-
|
95.9%
|
-
|
16.72%
|
88%
|
55.77%
|
80.46%
|
FCF Conversion (Net income)
|
-
|
-
|
131.87%
|
-
|
23.55%
|
91.61%
|
58.96%
|
85.16%
|
Dividend per Share
2 |
0.0600
|
0.0350
|
0.0360
|
-
|
0.0360
|
0.0850
|
0.0780
|
0.0900
|
Announcement Date
|
2/28/20
|
3/4/21
|
3/15/22
|
4/24/23
|
4/22/24
|
-
|
-
|
-
|
Fiscal Period: December |
2022 S1
|
2022 S2
|
2024 S1
|
2024 S2
|
2025 S1
|
2025 S2
|
---|
Net sales
1 |
439.7
|
886.1
|
363.9
|
1,155
|
400.7
|
1,197
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
|
114.1
|
184.9
|
-
|
-
|
-
|
-
|
Operating Margin
|
25.95%
|
20.86%
|
-
|
-
|
-
|
-
|
Earnings before Tax (EBT)
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
|
-
|
-
|
-
|
-
|
-
|
-
|
Net margin
|
-
|
-
|
-
|
-
|
-
|
-
|
EPS
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
8/28/22
|
4/24/23
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
-
|
-
|
-
|
1,138
|
1,310
|
619
|
1,057
|
1,128
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
-
|
-
|
307
|
-
|
60.2
|
281
|
246
|
397
|
ROE (net income / shareholders' equity)
|
1.48%
|
3.56%
|
7.79%
|
7.92%
|
7.43%
|
7.85%
|
9.76%
|
9.92%
|
ROA (Net income/ Total Assets)
|
1.12%
|
2.72%
|
-
|
-
|
-
|
6.47%
|
7.3%
|
8.7%
|
Assets
1 |
3,723
|
3,752
|
-
|
-
|
-
|
4,743
|
5,716
|
5,358
|
Book Value Per Share
2 |
3.230
|
3.280
|
3.510
|
3.770
|
4.060
|
4.350
|
4.790
|
5.150
|
Cash Flow per Share
2 |
0.2300
|
0.4200
|
0.4200
|
0.0400
|
0.2000
|
0.4100
|
0.5500
|
0.6000
|
Capex
1 |
46.8
|
29.7
|
58.5
|
70.4
|
119
|
104
|
97.4
|
132
|
Capex / Sales
|
5.69%
|
3.29%
|
5.31%
|
5.31%
|
7.65%
|
6.4%
|
4.97%
|
6.23%
|
Announcement Date
|
2/28/20
|
3/4/21
|
3/15/22
|
4/24/23
|
4/22/24
|
-
|
-
|
-
|
Last Close Price
9.76
CNY Average target price
13.11
CNY Spread / Average Target +34.30% Consensus |
1st Jan change
|
Capi.
|
---|
| -26.23% | 1.19B | | -12.34% | 2.25B | | +3.22% | 2.01B | | -10.50% | 980M | | -9.70% | 754M | | +8.44% | 671M | | -3.83% | 590M | | -5.28% | 492M | | +12.88% | 484M | | -4.07% | 380M |
Grain (Crop) Production
|