Financials Shanghai Jiao Yun Group Co., Ltd.

Equities

600676

CNE000000B59

Ground Freight & Logistics

End-of-day quote Shanghai S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
3.5 CNY +2.04% Intraday chart for Shanghai Jiao Yun Group Co., Ltd. +4.17% -20.63%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 4,433 4,443 5,029 4,443 3,980 4,536
Enterprise Value (EV) 1 3,298 3,057 3,245 3,279 2,811 2,544
P/E ratio 13.5 x 36 x -24.5 x 432 x 129 x 441 x
Yield 2.32% 0.93% - - - -
Capitalization / Revenue 0.46 x 0.51 x 0.65 x 0.59 x 0.67 x 0.87 x
EV / Revenue 0.34 x 0.35 x 0.42 x 0.44 x 0.47 x 0.49 x
EV / EBITDA 6.09 x 8.49 x -42.6 x 38 x -16.8 x 27.7 x
EV / FCF -17.3 x 12.9 x 8.25 x 29.9 x -5.69 x 4.05 x
FCF Yield -5.79% 7.75% 12.1% 3.35% -17.6% 24.7%
Price to Book 0.76 x 0.76 x 0.9 x 0.81 x 0.72 x 0.82 x
Nbr of stocks (in thousands) 1,028,493 1,028,493 1,028,493 1,028,493 1,028,493 1,028,493
Reference price 2 4.310 4.320 4.890 4.320 3.870 4.410
Announcement Date 3/27/19 4/21/20 3/28/21 3/30/22 3/30/23 3/28/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 9,669 8,696 7,770 7,510 5,943 5,210
EBITDA 1 541.4 360.1 -76.1 86.27 -167 91.77
EBIT 1 213.4 27.52 -419.9 -231.4 -487.4 -186
Operating Margin 2.21% 0.32% -5.4% -3.08% -8.2% -3.57%
Earnings before Tax (EBT) 1 464.6 199.3 -214.2 44.74 9.384 66.89
Net income 1 326.1 126.8 -204.7 11.68 27.16 9.179
Net margin 3.37% 1.46% -2.63% 0.16% 0.46% 0.18%
EPS 2 0.3200 0.1200 -0.2000 0.0100 0.0300 0.0100
Free Cash Flow 1 -191 236.9 393.4 109.8 -494.1 627.8
FCF margin -1.98% 2.72% 5.06% 1.46% -8.31% 12.05%
FCF Conversion (EBITDA) - 65.8% - 127.28% - 684.05%
FCF Conversion (Net income) - 186.89% - 940.22% - 6,839.49%
Dividend per Share 2 0.1000 0.0400 - - - -
Announcement Date 3/27/19 4/21/20 3/28/21 3/30/22 3/30/23 3/28/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 1,135 1,386 1,785 1,165 1,170 1,991
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -191 237 393 110 -494 628
ROE (net income / shareholders' equity) 6.13% 2.22% -4.25% -0.41% -0% 0.57%
ROA (Net income/ Total Assets) 1.48% 0.19% -3.01% -1.74% -3.79% -1.47%
Assets 1 22,044 67,286 6,801 -670.5 -717.4 -626.3
Book Value Per Share 2 5.650 5.680 5.440 5.340 5.370 5.390
Cash Flow per Share 2 1.710 2.170 1.920 1.750 1.820 2.580
Capex 1 379 207 181 231 114 120
Capex / Sales 3.92% 2.38% 2.32% 3.08% 1.91% 2.31%
Announcement Date 3/27/19 4/21/20 3/28/21 3/30/22 3/30/23 3/28/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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