Financials Transfar Zhilian Co., Ltd.

Equities

002010

CNE000001JS7

Ground Freight & Logistics

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
4.33 CNY +2.36% Intraday chart for Transfar Zhilian Co., Ltd. -1.14% -6.28%

Valuation

Fiscal Period: December 2019 2020 2021 2024 2025 2026
Capitalization 1 22,740 15,576 26,540 9,957 - -
Enterprise Value (EV) 1 22,740 15,576 35,343 9,957 9,957 9,957
P/E ratio 14.2 x 10 x 12.3 x 18 x 15.5 x 12.7 x
Yield - - 1.15% - - -
Capitalization / Revenue 1.13 x 0.72 x 0.75 x 0.29 x 0.27 x 0.24 x
EV / Revenue 1.13 x 0.72 x 0.75 x 0.29 x 0.27 x 0.24 x
EV / EBITDA - 6.7 x 7.97 x 4.98 x 4.4 x 3.93 x
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 1.55 x 1.04 x 1.58 x 0.67 x 0.66 x 0.63 x
Nbr of stocks (in thousands) 3,257,815 3,307,090 3,050,547 2,299,527 - -
Reference price 2 6.980 4.710 8.700 4.330 4.330 4.330
Announcement Date 2/28/20 2/26/21 4/25/22 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2024 2025 2026
Net sales 1 20,143 21,497 35,392 34,882 37,549 40,996
EBITDA 1 - 2,324 3,332 1,998 2,265 2,536
EBIT 1 2,040 1,877 2,929 1,027 1,239 1,485
Operating Margin 10.13% 8.73% 8.28% 2.94% 3.3% 3.62%
Earnings before Tax (EBT) 1 1,998 1,871 2,921 1,011 1,220 1,464
Net income 1 1,602 1,521 2,249 656.1 776.8 941.1
Net margin 7.95% 7.08% 6.36% 1.88% 2.07% 2.3%
EPS 2 0.4900 0.4700 0.7100 0.2400 0.2800 0.3400
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - 0.1000 - - -
Announcement Date 2/28/20 2/26/21 4/25/22 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 S1 2022 Q3
Net sales - - - - - -
EBITDA - - - - - -
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) - - - - - -
Net income 390.1 1,313 - 296.3 448.7 -
Net margin - - - - - -
EPS 1 0.1200 0.4200 0.0502 0.0998 - 0.0500
Dividend per Share - - - - - -
Announcement Date 10/25/21 4/25/22 4/29/22 8/22/22 8/22/22 10/24/22
1CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2024 2025 2026
Net Debt - - 8,804 - - -
Net Cash position - - - - - -
Leverage (Debt/EBITDA) - - 2.642 x - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) 11.7% 10.2% 14.2% 3.7% 4.27% 5.02%
ROA (Net income/ Total Assets) - - - - - -
Assets 1 - - - - - -
Book Value Per Share 2 4.490 4.540 5.500 6.430 6.610 6.840
Cash Flow per Share 2 0.4300 0.6600 0.4300 0.5500 0.3800 0.6200
Capex 1 - 1,939 3,099 566 216 342
Capex / Sales - 9.02% 8.76% 1.62% 0.58% 0.83%
Announcement Date 2/28/20 2/26/21 4/25/22 - - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
1
Last Close Price
4.33 CNY
Average target price
4.7 CNY
Spread / Average Target
+8.55%
Consensus
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