End-of-day quote
Shanghai S.E.
06:00:00 2024-04-25 pm EDT
|
5-day change
|
1st Jan Change
|
225.7
CNY
|
+2.48%
|
|
-0.15%
|
-6.74%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
65,515
|
161,393
|
263,740
|
174,033
|
145,997
|
136,163
|
-
|
-
|
Enterprise Value (EV)
1 |
61,949
|
156,943
|
257,442
|
172,616
|
145,897
|
133,752
|
132,478
|
129,371
|
P/E ratio
|
48.2
x
|
96.6
x
|
108
x
|
70.5
x
|
52.2
x
|
40.6
x
|
34.5
x
|
29.3
x
|
Yield
|
0.75%
|
0.34%
|
0.28%
|
0.43%
|
0.96%
|
1.14%
|
1.12%
|
1.33%
|
Capitalization / Revenue
|
11.4
x
|
24.8
x
|
32.9
x
|
20
x
|
14.5
x
|
11.7
x
|
10.3
x
|
9.08
x
|
EV / Revenue
|
10.8
x
|
24.1
x
|
32.1
x
|
19.9
x
|
14.5
x
|
11.5
x
|
10
x
|
8.63
x
|
EV / EBITDA
|
36.3
x
|
75.5
x
|
85.9
x
|
56.2
x
|
41.8
x
|
33.5
x
|
28.2
x
|
23.1
x
|
EV / FCF
|
-66.5
x
|
138
x
|
686
x
|
25.8
x
|
70.6
x
|
39.1
x
|
34.4
x
|
28.7
x
|
FCF Yield
|
-1.5%
|
0.72%
|
0.15%
|
3.88%
|
1.42%
|
2.56%
|
2.91%
|
3.48%
|
Price to Book
|
10
x
|
20.5
x
|
27.2
x
|
15.4
x
|
10.9
x
|
8.7
x
|
7.37
x
|
6.32
x
|
Nbr of stocks (in thousands)
|
596,297
|
603,317
|
603,317
|
603,317
|
603,317
|
603,317
|
-
|
-
|
Reference price
2 |
109.9
|
267.5
|
437.2
|
288.5
|
242.0
|
225.7
|
225.7
|
225.7
|
Announcement Date
|
1/17/20
|
1/19/21
|
1/19/22
|
1/30/23
|
4/19/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
5,722
|
6,511
|
8,022
|
8,692
|
10,058
|
11,596
|
13,226
|
14,991
|
EBITDA
1 |
1,705
|
2,080
|
2,997
|
3,071
|
3,488
|
3,995
|
4,695
|
5,592
|
EBIT
1 |
1,638
|
1,977
|
2,874
|
2,956
|
3,394
|
3,981
|
4,698
|
5,539
|
Operating Margin
|
28.63%
|
30.37%
|
35.83%
|
34.01%
|
33.74%
|
34.33%
|
35.52%
|
36.95%
|
Earnings before Tax (EBT)
1 |
1,645
|
1,979
|
2,869
|
2,958
|
3,369
|
4,028
|
4,765
|
5,579
|
Net income
1 |
1,374
|
1,672
|
2,431
|
2,469
|
2,797
|
3,348
|
3,949
|
4,650
|
Net margin
|
24.02%
|
25.67%
|
30.31%
|
28.4%
|
27.81%
|
28.87%
|
29.86%
|
31.02%
|
EPS
2 |
2.280
|
2.770
|
4.030
|
4.090
|
4.640
|
5.554
|
6.546
|
7.711
|
Free Cash Flow
1 |
-931.6
|
1,134
|
375.4
|
6,698
|
2,066
|
3,418
|
3,850
|
4,506
|
FCF margin
|
-16.28%
|
17.42%
|
4.68%
|
77.05%
|
20.54%
|
29.47%
|
29.11%
|
30.06%
|
FCF Conversion (EBITDA)
|
-
|
54.54%
|
12.53%
|
218.06%
|
59.24%
|
85.54%
|
82.02%
|
80.59%
|
FCF Conversion (Net income)
|
-
|
67.86%
|
15.44%
|
271.27%
|
73.86%
|
102.07%
|
97.51%
|
96.9%
|
Dividend per Share
2 |
0.8200
|
0.9000
|
1.210
|
1.250
|
2.320
|
2.584
|
2.524
|
3.006
|
Announcement Date
|
1/17/20
|
1/19/21
|
1/19/22
|
1/30/23
|
4/19/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
---|
Net sales
1 |
-
|
-
|
-
|
-
|
2,077
|
2,630
|
2,416
|
2,555
|
2,459
|
3,171
|
3,116
|
3,022
|
2,781
|
3,769
|
-
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
-
|
-
|
-
|
-
|
469.5
|
939.6
|
915.1
|
1,037
|
494.6
|
1,171
|
1,103
|
1,209
|
672.3
|
1,347
|
-
|
Operating Margin
|
-
|
-
|
-
|
-
|
22.61%
|
35.73%
|
37.88%
|
40.58%
|
20.12%
|
36.94%
|
35.41%
|
40.01%
|
24.18%
|
35.75%
|
-
|
Earnings before Tax (EBT)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
|
-
|
689.3
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
974.5
|
-
|
-
|
-
|
-
|
-
|
Net margin
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
30.73%
|
-
|
-
|
-
|
-
|
-
|
EPS
2 |
0.7000
|
1.140
|
1.040
|
1.220
|
0.6900
|
1.280
|
1.260
|
1.440
|
0.6500
|
1.620
|
1.530
|
1.655
|
0.8550
|
1.955
|
1.820
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
1/19/22
|
4/22/22
|
7/18/22
|
10/21/22
|
1/30/23
|
4/14/23
|
7/13/23
|
10/16/23
|
4/19/24
|
4/19/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
3,567
|
4,450
|
6,298
|
1,417
|
99.6
|
2,410
|
3,684
|
6,792
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
-932
|
1,134
|
375
|
6,698
|
2,066
|
3,418
|
3,851
|
4,506
|
ROE (net income / shareholders' equity)
|
23.6%
|
23.1%
|
27.7%
|
23.5%
|
22.6%
|
22%
|
22.2%
|
21.1%
|
ROA (Net income/ Total Assets)
|
17.8%
|
17.6%
|
21.4%
|
18.3%
|
-
|
17.8%
|
18.8%
|
19.2%
|
Assets
1 |
7,734
|
9,508
|
11,382
|
13,458
|
-
|
18,803
|
21,050
|
24,218
|
Book Value Per Share
2 |
11.00
|
13.00
|
16.10
|
18.80
|
22.20
|
25.90
|
30.60
|
35.70
|
Cash Flow per Share
2 |
-1.460
|
2.430
|
0.7700
|
11.40
|
3.660
|
5.020
|
5.300
|
6.330
|
Capex
1 |
52.3
|
333
|
86.9
|
175
|
141
|
120
|
217
|
300
|
Capex / Sales
|
0.91%
|
5.11%
|
1.08%
|
2.02%
|
1.4%
|
1.04%
|
1.64%
|
2%
|
Announcement Date
|
1/17/20
|
1/19/21
|
1/19/22
|
1/30/23
|
4/19/24
|
-
|
-
|
-
|
Last Close Price
225.7
CNY Average target price
285.6
CNY Spread / Average Target +26.56% Consensus |
1st Jan change
|
Capi.
|
---|
| -6.74% | 18.79B | | +25.83% | 661B | | +27.22% | 566B | | -6.76% | 352B | | +20.34% | 332B | | +3.00% | 283B | | +13.92% | 231B | | +4.97% | 200B | | -9.41% | 195B | | -6.26% | 145B |
Other Pharmaceuticals
|