YUNDA HOLDING CO., LTD. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 7.63 CNY | -2.55% |
|
+7.46% | +2.28% |
| Apr. 05 | Yunda Express to Pay Interest of 2.45 Billion Yuan Convertible Bonds | MT |
| Apr. 01 | Tranche Update on YUNDA Holding Co., Ltd.'s Equity Buyback Plan announced on November 20, 2023. | CI |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 51,897 | 74,135 | 45,516 | 59,391 | 41,735 | 22,121 | 22,121 | - |
| Enterprise Value (EV) 1 | 50,377 | 72,915 | 48,486 | 62,407 | 48,627 | 26,965 | 25,355 | 22,551 |
| P/E ratio | 18.9 x | 28 x | 32.7 x | 40.1 x | 28.2 x | 12.1 x | 9.34 x | 7.92 x |
| Yield | 1.57% | 0.72% | 0.31% | 0.25% | 0.36% | 0.82% | 0.97% | 1.08% |
| Capitalization / Revenue | 3.75 x | 2.15 x | 1.36 x | 1.42 x | 0.88 x | 0.47 x | 0.43 x | 0.39 x |
| EV / Revenue | 3.64 x | 2.12 x | 1.45 x | 1.5 x | 1.03 x | 0.57 x | 0.49 x | 0.4 x |
| EV / EBITDA | 11.7 x | 15.4 x | 15 x | 16.6 x | 11.6 x | 5.17 x | 4.51 x | 3.67 x |
| EV / FCF | 205 x | 111 x | -12.7 x | -12 x | 25.3 x | -232 x | 23.8 x | 7.53 x |
| FCF Yield | 0.49% | 0.9% | -7.87% | -8.34% | 3.96% | -0.43% | 4.2% | 13.3% |
| Price to Book | 4.53 x | 5.51 x | 3.17 x | 3.76 x | 2.46 x | 1.19 x | 1.07 x | 0.96 x |
| Nbr of stocks (in thousands) | 2,894,572 | 2,894,172 | 2,899,122 | 2,902,766 | 2,902,264 | 2,899,194 | 2,899,194 | - |
| Reference price 2 | 17.93 | 25.62 | 15.70 | 20.46 | 14.38 | 7.630 | 7.630 | 7.630 |
| Announcement Date | 2/26/19 | 2/28/20 | 4/29/21 | 4/26/22 | 4/25/23 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 13,856 | 34,404 | 33,500 | 41,729 | 47,434 | 46,935 | 51,593 | 56,165 |
| EBITDA 1 | 4,311 | 4,720 | 3,226 | 3,751 | 4,203 | 5,212 | 5,616 | 6,151 |
| EBIT 1 | 3,620 | 3,603 | 1,772 | 1,927 | 1,973 | 2,600 | 3,239 | 3,816 |
| Operating Margin | 26.13% | 10.47% | 5.29% | 4.62% | 4.16% | 5.54% | 6.28% | 6.79% |
| Earnings before Tax (EBT) 1 | 3,550 | 3,478 | 1,752 | 1,865 | 1,939 | 2,441 | 3,137 | 3,783 |
| Net income 1 | 2,698 | 2,647 | 1,404 | 1,477 | 1,483 | 1,810 | 2,250 | 2,740 |
| Net margin | 19.47% | 7.69% | 4.19% | 3.54% | 3.13% | 3.86% | 4.36% | 4.88% |
| EPS 2 | 0.9468 | 0.9154 | 0.4800 | 0.5100 | 0.5100 | 0.6301 | 0.8168 | 0.9633 |
| Free Cash Flow 1 | 245.7 | 658.5 | -3,817 | -5,202 | 1,925 | -116.3 | 1,064 | 2,993 |
| FCF margin | 1.77% | 1.91% | -11.4% | -12.47% | 4.06% | -0.25% | 2.06% | 5.33% |
| FCF Conversion (EBITDA) | 5.7% | 13.95% | - | - | 45.81% | - | 18.94% | 48.66% |
| FCF Conversion (Net income) | 9.11% | 24.88% | - | - | 129.8% | - | 47.27% | 109.26% |
| Dividend per Share 2 | 0.2817 | 0.1838 | 0.0490 | 0.0520 | 0.0520 | 0.0625 | 0.0741 | 0.0825 |
| Announcement Date | 2/26/19 | 2/28/20 | 4/29/21 | 4/26/22 | 4/25/23 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2020 Q4 | 2020 S2 | 2021 Q1 | 2021 Q2 | 2021 S1 | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 S1 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 10,413 | 19,183 | 8,330 | 9,879 | - | 10,393 | 13,128 | 11,550 | 11,276 | - | 12,386 | 12,222 | 10,475 | 11,100 | 11,281 | 13,223 | - | - |
| EBITDA 1 | 703.7 | - | 667.5 | - | - | 870.3 | 1,238 | - | 922.1 | - | 902 | - | - | 1,349 | 1,639 | 1,700 | - | - |
| EBIT 1 | 471.3 | 885.4 | 339.4 | 336.3 | - | 466 | 809.9 | 446.1 | 350.5 | - | 333.4 | 843.4 | 509.5 | 737.4 | 805.5 | 932.5 | - | - |
| Operating Margin | 4.53% | 4.62% | 4.07% | 3.4% | - | 4.48% | 6.17% | 3.86% | 3.11% | - | 2.69% | 6.9% | 4.86% | 6.64% | 7.14% | 7.05% | - | - |
| Earnings before Tax (EBT) | - | 875.4 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net income 1 | 384.5 | 723.5 | 228.5 | 217.9 | 446.4 | 334.8 | 695.6 | 347.4 | 199 | 546.5 | 218.7 | 717.9 | 358.6 | 510.1 | 628.5 | 642.7 | - | - |
| Net margin | 3.69% | 3.77% | 2.74% | 2.21% | - | 3.22% | 5.3% | 3.01% | 1.77% | - | 1.77% | 5.87% | 3.42% | 4.6% | 5.57% | 4.86% | - | - |
| EPS 2 | 0.1300 | - | 0.0800 | 0.0700 | - | 0.1200 | 0.2400 | 0.1200 | 0.0700 | - | 0.0800 | 0.2400 | 0.1200 | 0.1773 | 0.2000 | 0.2464 | - | - |
| Dividend per Share 2 | 0.0490 | - | - | - | - | - | 0.0520 | - | - | - | - | 0.0520 | - | - | - | 0.0732 | - | - |
| Announcement Date | 4/29/21 | 4/29/21 | 4/29/21 | 8/30/21 | 8/30/21 | 10/29/21 | 4/26/22 | 4/26/22 | 8/30/22 | 8/30/22 | 10/30/22 | 4/25/23 | 4/25/23 | 8/28/23 | - | - | - | - |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | 2,970 | 3,016 | 6,892 | 4,844 | 3,234 | 430 |
| Net Cash position 1 | 1,520 | 1,220 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | 0.9206 x | 0.8042 x | 1.64 x | 0.9295 x | 0.5759 x | 0.07 x |
| Free Cash Flow 1 | 246 | 659 | -3,817 | -5,202 | 1,925 | -116 | 1,064 | 2,993 |
| ROE (net income / shareholders' equity) | 28.8% | 21.2% | 10.1% | 9.78% | 9.03% | 9.78% | 11.2% | 11.8% |
| ROA (Net income/ Total Assets) | 19.3% | 13% | 5.4% | 4.51% | 3.99% | 4.37% | 4.62% | 5.15% |
| Assets 1 | 13,959 | 20,288 | 26,000 | 32,763 | 37,151 | 41,406 | 48,675 | 53,169 |
| Book Value Per Share 2 | 3.960 | 4.650 | 4.960 | 5.440 | 5.850 | 6.410 | 7.120 | 7.950 |
| Cash Flow per Share 2 | 1.280 | 1.740 | 0.7500 | 1.030 | 1.820 | 1.630 | 1.670 | 2.350 |
| Capex 1 | 3,469 | 4,373 | 6,001 | 8,191 | 3,366 | 2,651 | 2,748 | 2,624 |
| Capex / Sales | 25.03% | 12.71% | 17.91% | 19.63% | 7.1% | 5.65% | 5.33% | 4.67% |
| Announcement Date | 2/26/19 | 2/28/20 | 4/29/21 | 4/26/22 | 4/25/23 | - | - | - |
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
OUTPERFORM
Number of Analysts
16
Last Close Price
7.63
CNY
Average target price
9.714
CNY
Spread / Average Target
+27.31%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +2.28% | 3.05B | |
| -6.13% | 126B | |
| +5.09% | 65.42B | |
| -10.93% | 16.08B | |
| +21.85% | 8.2B | |
| -10.03% | 7.24B | |
| -61.13% | 7.17B | |
| -17.41% | 6.03B | |
| +26.61% | 5.68B | |
| -20.63% | 4.51B |
- Stock Market
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- 002120 Stock
- Financials YUNDA Holding Co., Ltd.
