Financials Stanley Agriculture Group Co.,Ltd.

Equities

End-of-day quote Shenzhen S.E. Other stock markets 06:00:00 2024-04-29 pm EDT			5-day change	1st Jan Change
6.89 ^CNY	0.00%		+7.66%	+7.99%

Apr. 18	Stanley Agriculture Group Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
Apr. 01	Tranche Update on Stanley Agriculture Group Co.,Ltd.'s Equity Buyback Plan announced on January 27, 2024.	CI

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	4,523	6,641	6,883	7,011	7,381	7,971	-	-
Enterprise Value (EV) ¹	3,891	6,641	6,883	7,011	7,381	7,971	7,971	7,971
P/E ratio	43.4 x	23 x	16.1 x	15.9 x	10.5 x	10.1 x	8.95 x	7.66 x
Yield	0.51%	1.22%	-	-	-	-	-	-
Capitalization / Revenue	0.78 x	1.07 x	-	-	0.74 x	0.69 x	0.6 x	0.52 x
EV / Revenue	0.78 x	1.07 x	-	-	0.74 x	0.69 x	0.6 x	0.52 x
EV / EBITDA	14 x	-	-	-	7.06 x	6.75 x	5.97 x	5.3 x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Price to Book	1.03 x	1.43 x	-	-	1.21 x	1.15 x	1.02 x	0.9 x
Nbr of stocks (in thousands)	1,156,884	1,156,884	1,156,884	1,156,884	1,156,884	1,156,884	-	-
Reference price ²	3.910	5.740	5.950	6.060	6.380	6.890	6.890	6.890
Announcement Date	2/28/20	4/12/21	4/19/22	4/19/23	4/18/24	-	-	-

¹CNY in Million²CNY

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	5,776	6,183	-	-	9,991	11,488	13,220	15,224
EBITDA ¹	324.1	-	-	-	1,046	1,181	1,335	1,505
EBIT ¹	117.4	327.1	-	-	817.2	919	1,043	1,217
Operating Margin	2.03%	5.29%	-	-	8.18%	8%	7.89%	7.99%
Earnings before Tax (EBT) ¹	118.8	307.4	-	-	823.5	925	1,049	1,224
Net income ¹	107.5	287.7	425.2	440.9	700.7	787	893	1,041
Net margin	1.86%	4.65%	-	-	7.01%	6.85%	6.75%	6.84%
EPS ²	0.0900	0.2500	0.3700	0.3800	0.6100	0.6800	0.7700	0.9000
Free Cash Flow	-	-	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-	-	-
Dividend per Share	0.0200	0.0700	-	-	-	-	-	-
Announcement Date	2/28/20	4/12/21	4/19/22	4/19/23	4/18/24	-	-	-

¹CNY in Million²CNY

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-	-	-
Net Cash position	632	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow	-	-	-	-	-	-	-	-
ROE (net income / shareholders' equity)	2.5%	6.38%	-	-	12.2%	11.4%	11.4%	11.8%
ROA (Net income/ Total Assets)	-	4.13%	-	-	-	5.8%	5.9%	6.1%
Assets ¹	-	6,974	-	-	-	13,569	15,136	17,066
Book Value Per Share ²	3.790	4.030	-	-	5.290	5.980	6.750	7.660
Cash Flow per Share ²	-	1.310	-	-	1.020	0.5500	1.400	1.530
Capex ¹	-	35.9	-	-	2,145	794	465	466
Capex / Sales	-	0.58%	-	-	21.47%	6.91%	3.52%	3.06%
Announcement Date	2/28/20	4/12/21	4/19/22	4/19/23	4/18/24	-	-	-

¹CNY in Million²CNY

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

6.89 CNY

Average target price

8.45 CNY

Spread / Average Target

+22.64%

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