Financials Zbom Home Collection Co.,Ltd

Equities

603801

CNE100002QR1

Construction Supplies & Fixtures

End-of-day quote Shanghai S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
14.53 CNY +2.11% Intraday chart for Zbom Home Collection Co.,Ltd +4.83% -13.36%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 3,842 5,061 7,483 9,303 8,207 6,298 6,298 -
Enterprise Value (EV) 1 3,842 5,061 7,483 9,303 8,207 6,665 5,135 4,975
P/E ratio 14.1 x 15.6 x 19.4 x 18.8 x 15.3 x 12.3 x 9.48 x 8.16 x
Yield 3.58% 2.83% 2.32% 1.97% 2.6% 4.17% 4.89% 4.54%
Capitalization / Revenue 1.58 x 1.71 x 1.95 x 1.81 x 1.52 x 1.19 x 0.91 x 0.79 x
EV / Revenue 1.58 x 1.71 x 1.95 x 1.81 x 1.52 x 1.09 x 0.74 x 0.63 x
EV / EBITDA 9.98 x 10.7 x 13.7 x 13.7 x 10.8 x 8.23 x 5.57 x 4.84 x
EV / FCF - - - - 21,209,005 x - - -
FCF Yield - - - - 0% - - -
Price to Book 2.05 x 2.7 x 3.46 x 3.67 x 2.91 x 2.23 x 1.69 x 1.45 x
Nbr of stocks (in thousands) 439,040 425,873 424,994 428,132 427,448 433,428 433,428 -
Reference price 2 8.750 11.88 17.61 21.73 19.20 14.53 14.53 14.53
Announcement Date 3/5/19 3/2/20 2/3/21 3/11/22 3/12/23 3/12/24 - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net sales 1 2,433 2,962 3,840 5,153 5,389 6,116 6,898 7,922
EBITDA 1 385 474.4 548 676.8 763.3 810.2 921.2 1,028
EBIT 1 321.8 384.8 436.2 551.8 576.3 619.4 721.6 846
Operating Margin 13.23% 12.99% 11.36% 10.71% 10.69% 10.13% 10.46% 10.68%
Earnings before Tax (EBT) 1 319.5 380.6 429.3 549.7 576.9 622.4 726.5 849.6
Net income 1 272.9 329.4 395.4 505.5 536.7 595.1 669.3 777.3
Net margin 11.22% 11.12% 10.3% 9.81% 9.96% 9.73% 9.7% 9.81%
EPS 2 0.6216 0.7613 0.9058 1.157 1.254 1.361 1.532 1.780
Free Cash Flow - - - - 387 - - -
FCF margin - - - - 7.18% - - -
FCF Conversion (EBITDA) - - - - 50.7% - - -
FCF Conversion (Net income) - - - - 72.1% - - -
Dividend per Share 2 0.3134 0.3367 0.4082 0.4286 0.5000 0.7000 0.7100 0.6598
Announcement Date 3/5/19 3/2/20 2/3/21 3/11/22 3/12/23 3/12/24 - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 S1 2021 Q4 2022 Q1 2023 Q3 2023 Q4 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 1,908 1,831 - - 2,188 1,617 1,819 2,358 - -
EBITDA 1 - - - - - 201.8 220.8 271.6 - -
EBIT 1 - - - - 245.1 152.3 171.4 222.2 - -
Operating Margin - - - - 11.21% 9.42% 9.42% 9.42% - -
Earnings before Tax (EBT) 1 - - - - 246.2 160 180 233.3 - -
Net income 1 151.8 205.5 51.29 170 245.7 153 172.1 223.1 - -
Net margin 7.95% 11.22% - - 11.23% 9.46% 9.46% 9.46% - -
EPS 2 - - 0.1170 0.3934 0.5500 0.3504 0.3942 0.5110 - -
Dividend per Share 2 - - - - - - - 0.7300 - -
Announcement Date 8/30/21 3/11/22 4/26/22 10/30/23 3/12/24 - - - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net Debt 1 - - - - - - - -
Net Cash position 1 - - - - - 603 1,163 1,323
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - 387 - - -
ROE (net income / shareholders' equity) 15.4% 17.6% 19.2% 21.2% 19.9% 19.2% 18.2% 17.9%
ROA (Net income/ Total Assets) - 11.2% 10.9% - 9.68% 9.75% 9.48% 9.66%
Assets 1 - 2,940 3,614 - 5,546 6,240 7,063 8,045
Book Value Per Share 2 4.260 4.410 5.090 5.930 6.590 7.530 8.580 9.990
Cash Flow per Share 2 0.8400 0.7900 1.480 1.130 1.750 1.730 2.130 2.380
Capex 1 378 333 391 515 379 359 283 261
Capex / Sales 15.53% 11.24% 10.17% 10% 7.03% 5.87% 4.1% 3.3%
Announcement Date 3/5/19 3/2/20 2/3/21 3/11/22 3/12/23 3/12/24 - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
11
Last Close Price
14.53 CNY
Average target price
23.2 CNY
Spread / Average Target
+59.70%
Consensus
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