Financials Xiamen C&D Inc.

Equities

600153

CNE000000WL7

Diversified Industrial Goods Wholesale

End-of-day quote Shanghai S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
10 CNY +1.32% Intraday chart for Xiamen C&D Inc. -0.60% +3.84%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 25,488 23,510 25,971 41,021 28,929 30,041 - -
Enterprise Value (EV) 1 25,488 23,510 25,971 41,021 28,929 30,041 30,041 30,041
P/E ratio 5.45 x 5.16 x 4.38 x 7.07 x 2.24 x 5.58 x 4.86 x 3.76 x
Yield 5.56% 6.09% 6.62% 5.86% 7.27% 7.62% 8.42% 9.5%
Capitalization / Revenue 0.08 x 0.05 x 0.04 x 0.05 x 0.04 x 0.04 x 0.04 x 0.03 x
EV / Revenue 0.08 x 0.05 x 0.04 x 0.05 x 0.04 x 0.04 x 0.04 x 0.03 x
EV / EBITDA 2.22 x 1.89 x 1.62 x 2.14 x 2.48 x 1.68 x 1.7 x 1.44 x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 0.83 x 0.65 x 0.63 x 0.9 x 0.51 x 0.41 x 0.38 x 0.35 x
Nbr of stocks (in thousands) 2,835,201 2,863,553 2,863,423 3,005,171 3,004,071 3,004,071 - -
Reference price 2 8.990 8.210 9.070 13.65 9.630 10.00 10.00 10.00
Announcement Date 4/20/20 4/19/21 4/18/22 3/30/23 4/15/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 337,239 432,949 707,844 832,812 763,678 756,171 849,508 878,414
EBITDA 1 11,477 12,436 16,014 19,162 11,650 17,854 17,713 20,924
EBIT 1 10,912 12,090 15,642 15,698 10,890 15,962 17,891 20,363
Operating Margin 3.24% 2.79% 2.21% 1.88% 1.43% 2.11% 2.11% 2.32%
Earnings before Tax (EBT) 1 11,055 12,107 15,802 16,174 20,792 15,337 17,434 20,609
Net income 1 4,676 4,504 6,098 6,282 13,104 5,512 6,276 7,987
Net margin 1.39% 1.04% 0.86% 0.75% 1.72% 0.73% 0.74% 0.91%
EPS 2 1.650 1.590 2.070 1.930 4.290 1.793 2.058 2.657
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 0.5000 0.5000 0.6000 0.8000 0.7000 0.7623 0.8424 0.9500
Announcement Date 4/20/20 4/19/21 4/18/22 3/30/23 4/15/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 S1 2021 Q3 2022 Q1 2022 Q2 2022 S1
Net sales - - - - -
EBITDA - - - - -
EBIT - - - - -
Operating Margin - - - - -
Earnings before Tax (EBT) - - - - -
Net income 1 2,558 826.1 1,008 1,703 2,711
Net margin - - - - -
EPS - - 0.3300 - -
Dividend per Share - - - - -
Announcement Date 8/27/21 10/29/21 4/29/22 8/26/22 8/26/22
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 16.1% 13% 15.2% 12.6% 24.9% 5.35% 6.7% 6.01%
ROA (Net income/ Total Assets) 1.82% 1.31% 1.23% 0.99% - 1.4% 1.6% 1.7%
Assets 1 256,488 342,760 494,814 633,605 - 393,692 392,248 469,843
Book Value Per Share 2 10.90 12.70 14.40 15.20 18.80 24.50 26.30 28.50
Cash Flow per Share 2 3.960 3.390 0.1400 5.150 9.790 7.750 9.110 8.090
Capex 1 541 476 571 1,336 2,495 2,113 1,941 2,294
Capex / Sales 0.16% 0.11% 0.08% 0.16% 0.33% 0.28% 0.23% 0.26%
Announcement Date 4/20/20 4/19/21 4/18/22 3/30/23 4/15/24 - - -
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
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
6
Last Close Price
10 CNY
Average target price
13.4 CNY
Spread / Average Target
+34.00%
Consensus

Annual profits - Rate of surprise

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