SHENZHOU INTERNATIONAL GROUP HOLDINGS LIMITED Financials Shenzhou International Group Holdings Limited
Equities
2313
KYG8087W1015
Apparel & Accessories
|
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 77.35 HKD | +1.91% |
|
+5.60% | -3.79% |
| Apr. 18 | Tech Issue Revival Boosts Asian Stock Markets | MT |
| Apr. 18 | China stocks track Asian markets higher | RE |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 153,012 | 192,309 | 183,604 | 116,565 | 109,850 | 107,632 | - | - |
| Enterprise Value (EV) 1 | 151,919 | 190,690 | 187,505 | 118,393 | 108,457 | 104,734 | 103,782 | 102,677 |
| P/E ratio | 30 x | 37.6 x | 54.5 x | 25.5 x | 24.1 x | 19.5 x | 16.5 x | 14.6 x |
| Yield | 1.71% | 1.37% | 1.11% | 2.15% | 2.78% | 3.16% | 3.75% | 4.31% |
| Capitalization / Revenue | 6.75 x | 8.35 x | 7.7 x | 4.2 x | 4.4 x | 3.74 x | 3.31 x | 2.95 x |
| EV / Revenue | 6.7 x | 8.28 x | 7.86 x | 4.26 x | 4.34 x | 3.64 x | 3.19 x | 2.82 x |
| EV / EBITDA | 25.8 x | 29.5 x | 40.2 x | 22.4 x | 19.8 x | 13.8 x | 11.6 x | 10.1 x |
| EV / FCF | 49.6 x | 55.6 x | 133 x | 34.9 x | - | 23.5 x | 18.6 x | 15.7 x |
| FCF Yield | 2.02% | 1.8% | 0.75% | 2.86% | - | 4.26% | 5.38% | 6.38% |
| Price to Book | 6.08 x | 7.05 x | 6.61 x | 3.79 x | 3.34 x | 3.04 x | 2.8 x | 2.59 x |
| Nbr of stocks (in thousands) | 1,503,222 | 1,503,222 | 1,503,222 | 1,503,222 | 1,503,222 | 1,503,222 | - | - |
| Reference price 2 | 101.8 | 127.9 | 122.1 | 77.54 | 73.08 | 71.60 | 71.60 | 71.60 |
| Announcement Date | 3/23/20 | 3/29/21 | 3/30/22 | 3/28/23 | 3/26/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 22,665 | 23,031 | 23,845 | 27,781 | 24,970 | 28,745 | 32,543 | 36,463 |
| EBITDA 1 | 5,892 | 6,461 | 4,669 | 5,293 | 5,489 | 7,593 | 8,952 | 10,125 |
| EBIT 1 | 4,925 | 5,407 | 3,579 | 3,967 | 4,014 | 5,975 | 7,165 | 8,226 |
| Operating Margin | 21.73% | 23.48% | 15.01% | 14.28% | 16.08% | 20.79% | 22.02% | 22.56% |
| Earnings before Tax (EBT) 1 | 5,572 | 5,512 | 3,823 | 5,262 | 4,996 | 6,204 | 7,347 | 8,374 |
| Net income 1 | 5,095 | 5,107 | 3,372 | 4,563 | 4,557 | 5,514 | 6,482 | 7,355 |
| Net margin | 22.48% | 22.17% | 14.14% | 16.42% | 18.25% | 19.18% | 19.92% | 20.17% |
| EPS 2 | 3.390 | 3.400 | 2.240 | 3.040 | 3.030 | 3.673 | 4.333 | 4.921 |
| Free Cash Flow 1 | 3,062 | 3,430 | 1,413 | 3,388 | - | 4,466 | 5,587 | 6,549 |
| FCF margin | 13.51% | 14.89% | 5.93% | 12.19% | - | 15.54% | 17.17% | 17.96% |
| FCF Conversion (EBITDA) | 51.98% | 53.09% | 30.27% | 64% | - | 58.82% | 62.41% | 64.68% |
| FCF Conversion (Net income) | 60.1% | 67.17% | 41.92% | 74.25% | - | 81% | 86.2% | 89.04% |
| Dividend per Share 2 | 1.737 | 1.750 | 1.350 | 1.670 | 2.030 | 2.262 | 2.688 | 3.085 |
| Announcement Date | 3/23/20 | 3/29/21 | 3/30/22 | 3/28/23 | 3/26/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2019 S2 | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 2022 S1 | 2022 S2 | 2023 S1 | 2023 S2 | 2024 S1 | 2024 S2 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 12,386 | 10,234 | 12,797 | 11,369 | 12,476 | 13,593 | 14,189 | 11,562 | 13,408 | 13,833 | 15,084 |
| EBITDA | 3,298 | - | 3,683 | - | - | - | 2,738 | 2,351 | - | - | - |
| EBIT 1 | - | - | 3,141 | 2,582 | 1,235 | 1,938 | 2,029 | 1,600 | 2,414 | 2,515 | 3,054 |
| Operating Margin | - | - | 24.55% | 22.71% | 9.9% | 14.26% | 14.3% | 13.84% | 18.01% | 18.18% | 20.25% |
| Earnings before Tax (EBT) 1 | 2,958 | - | 2,734 | - | 1,293 | 2,768 | 2,494 | 2,348 | 2,647 | 3,472 | 3,847 |
| Net income 1 | 2,679 | 2,512 | 2,594 | 2,226 | 1,145 | 2,367 | 2,196 | 2,127 | 2,430 | 3,125 | 3,366 |
| Net margin | 21.63% | 24.55% | 20.27% | 19.58% | 9.18% | 17.41% | 15.48% | 18.4% | 18.13% | 22.59% | 22.31% |
| EPS 2 | - | - | - | - | - | - | 1.470 | 1.410 | - | 2.080 | 2.240 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | 1.300 | 1.400 |
| Announcement Date | 3/23/20 | 8/25/20 | 3/29/21 | 8/26/21 | 3/30/22 | 8/25/22 | 3/28/23 | 8/30/23 | 3/26/24 | - | - |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | 3,901 | 1,828 | - | - | - | - |
| Net Cash position 1 | 1,092 | 1,619 | - | - | 1,392 | 2,898 | 3,850 | 4,955 |
| Leverage (Debt/EBITDA) | - | - | 0.8356 x | 0.3454 x | - | - | - | - |
| Free Cash Flow 1 | 3,062 | 3,430 | 1,413 | 3,388 | - | 4,466 | 5,587 | 6,549 |
| ROE (net income / shareholders' equity) | 21.5% | 19.5% | 12.3% | 15.6% | 14.3% | 16.3% | 17.8% | 18.8% |
| ROA (Net income/ Total Assets) | 17.2% | 14.9% | 8.54% | 10.7% | 9.9% | 10.9% | 12% | 13.1% |
| Assets 1 | 29,703 | 34,353 | 39,491 | 42,812 | 46,052 | 50,707 | 54,145 | 56,057 |
| Book Value Per Share 2 | 16.70 | 18.10 | 18.50 | 20.50 | 21.90 | 23.50 | 25.60 | 27.60 |
| Cash Flow per Share 2 | 3.730 | 3.830 | 2.390 | 3.080 | - | 3.910 | 4.460 | 5.100 |
| Capex 1 | 2,542 | 2,324 | 2,181 | 1,240 | - | 1,832 | 1,779 | 1,722 |
| Capex / Sales | 11.22% | 10.09% | 9.15% | 4.47% | - | 6.37% | 5.47% | 4.72% |
| Announcement Date | 3/23/20 | 3/29/21 | 3/30/22 | 3/28/23 | 3/26/24 | - | - | - |
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
C+
Sell
Buy
Mean consensus
BUY
Number of Analysts
28
Last Close Price
71.6
CNY
Average target price
87.32
CNY
Spread / Average Target
+21.95%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -3.79% | 14.85B | |
| -1.19% | 595M | |
| +9.28% | 512M | |
| -27.35% | 262M | |
| +26.00% | 183M | |
| -.--% | 116M | |
| -28.88% | 96.06M |
- Stock Market
- Equities
- 2313 Stock
- Financials Shenzhou International Group Holdings Limited
