TECH-BANK FOOD CO., LTD. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 2.63 CNY | +0.38% |
|
+0.38% | -27.55% |
| Apr. 09 | Tech-bank Food's Pig Sales Drop in March | MT |
| Mar. 20 | Tech-bank Food Plans Debt Revamp; Shares Up 3% | MT |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 7,885 | 14,553 | 19,180 | 11,844 | 11,237 | 5,844 | 5,844 | - |
| Enterprise Value (EV) 1 | 7,885 | 14,553 | 19,446 | 14,903 | 15,201 | 9,783 | 8,839 | 7,535 |
| P/E ratio | -14.2 x | 139 x | 5.45 x | -2.65 x | 22.6 x | -2.11 x | 21.4 x | 26.7 x |
| Yield | - | - | 4.11% | - | - | 11.8% | 20.5% | - |
| Capitalization / Revenue | 1.74 x | 2.42 x | 1.78 x | 1.13 x | 1.17 x | 0.58 x | 0.43 x | 0.59 x |
| EV / Revenue | 1.74 x | 2.42 x | 1.81 x | 1.42 x | 1.59 x | 0.97 x | 0.64 x | 0.76 x |
| EV / EBITDA | -83.9 x | 23.5 x | 4.74 x | -4.95 x | 10.6 x | -15.4 x | 8.91 x | 4 x |
| EV / FCF | - | - | - | - | - | - | - | - |
| FCF Yield | - | - | - | - | - | - | - | - |
| Price to Book | 3.29 x | 5.05 x | 2.19 x | 3.43 x | 2.87 x | 3.02 x | 1.69 x | 4.25 x |
| Nbr of stocks (in thousands) | 1,623,479 | 1,623,479 | 1,839,193 | 1,839,193 | 1,839,193 | 2,221,934 | 2,221,934 | - |
| Reference price 2 | 4.857 | 8.964 | 10.43 | 6.440 | 6.110 | 2.630 | 2.630 | 2.630 |
| Announcement Date | 2/20/19 | 2/28/20 | 4/14/21 | 4/27/22 | 4/28/23 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 4,520 | 6,007 | 10,764 | 10,507 | 9,571 | 10,128 | 13,710 | 9,904 |
| EBITDA 1 | -93.95 | 620.2 | 4,105 | -3,009 | 1,434 | -637 | 992.4 | 1,885 |
| EBIT 1 | -464.7 | 228.2 | 3,348 | -4,098 | 510.5 | -2,129 | 344 | 404.1 |
| Operating Margin | -10.28% | 3.8% | 31.1% | -39.01% | 5.33% | -21.02% | 2.51% | 4.08% |
| Earnings before Tax (EBT) 1 | -522.7 | 126.5 | 3,252 | -4,399 | 476.4 | -2,731 | 181.2 | 221.8 |
| Net income 1 | -552.4 | 100.4 | 3,245 | -4,462 | 489.5 | -2,765 | 137.1 | 221.9 |
| Net margin | -12.22% | 1.67% | 30.15% | -42.47% | 5.11% | -27.3% | 1% | 2.24% |
| EPS 2 | -0.3429 | 0.0643 | 1.914 | -2.430 | 0.2700 | -1.246 | 0.1226 | 0.0986 |
| Free Cash Flow | - | - | - | - | - | - | - | - |
| FCF margin | - | - | - | - | - | - | - | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - | - |
| Dividend per Share 2 | - | - | 0.4286 | - | - | 0.3100 | 0.5400 | - |
| Announcement Date | 2/20/19 | 2/28/20 | 4/14/21 | 4/27/22 | 4/28/23 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2022 S1 |
|---|---|
| Net sales | - |
| EBITDA | - |
| EBIT | - |
| Operating Margin | - |
| Earnings before Tax (EBT) | - |
| Net income 1 | 583.2 |
| Net margin | - |
| EPS 2 | 0.3171 |
| Dividend per Share | - |
| Announcement Date | 8/28/22 |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | 265 | 3,058 | 3,963 | 3,939 | 2,995 | 1,691 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | 0.0647 x | -1.017 x | 2.764 x | -6.184 x | 3.018 x | 0.8973 x |
| Free Cash Flow | - | - | - | - | - | - | - | - |
| ROE (net income / shareholders' equity) | -20.4% | 4.13% | 60.3% | -73.2% | 13.3% | -144% | -40.5% | 20% |
| ROA (Net income/ Total Assets) | - | - | 28.2% | - | - | - | - | - |
| Assets 1 | - | - | 11,518 | - | - | - | - | - |
| Book Value Per Share 2 | 1.480 | 1.780 | 4.770 | 1.880 | 2.130 | 0.8700 | 1.560 | 0.6200 |
| Cash Flow per Share 2 | 0.1200 | 0.3300 | 2.420 | -0.3000 | 0.3600 | 0.4900 | -1.000 | 1.940 |
| Capex 1 | 1,683 | 1,235 | 5,054 | 2,307 | 1,066 | 663 | 1,490 | 354 |
| Capex / Sales | 37.24% | 20.56% | 46.96% | 21.96% | 11.14% | 6.55% | 10.86% | 3.57% |
| Announcement Date | 2/20/19 | 2/28/20 | 4/14/21 | 4/27/22 | 4/28/23 | - | - | - |
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
HOLD
Number of Analysts
3
Last Close Price
2.63
CNY
Average target price
2.555
CNY
Spread / Average Target
-2.85%
EPS Revisions
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -27.55% | 806M | |
| +7.92% | 33.26B | |
| -4.24% | 17.63B | |
| +3.73% | 3.55B | |
| +17.41% | 2.59B | |
| -16.08% | 1.53B | |
| -17.94% | 705M | |
| 0.00% | 75.31M | |
| -2.81% | 74.7M |
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- Financials Tech-Bank Food Co., Ltd.
