Financials Zhejiang Great Shengda Packaging Co.,Ltd.

Equities

603687

CNE100003M44

Paper Packaging

End-of-day quote Shanghai S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
10.75 CNY +1.32% Intraday chart for Zhejiang Great Shengda Packaging Co.,Ltd. +4.07% -6.44%

Valuation

Fiscal Period: December 2019 2020 2021 2022
Capitalization 1 5,945 3,743 4,437 3,592
Enterprise Value (EV) 1 5,755 3,151 3,994 3,283
P/E ratio 51.7 x 13.4 x 45 x 34.3 x
Yield 0.18% 0.75% 0.22% 0.29%
Capitalization / Revenue 4.69 x 2.77 x 2.67 x 1.75 x
EV / Revenue 4.54 x 2.33 x 2.4 x 1.59 x
EV / EBITDA 43.7 x 29.9 x 30.3 x 15.4 x
EV / FCF -42.4 x -18.3 x -31 x -53.6 x
FCF Yield -2.36% -5.46% -3.23% -1.87%
Price to Book 4.11 x 2.07 x 2.35 x 1.76 x
Nbr of stocks (in thousands) 410,831 410,831 410,860 419,102
Reference price 2 14.47 9.110 10.80 8.570
Announcement Date 4/28/20 4/27/21 4/28/22 4/28/23
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 1,198 1,285 1,266 1,351 1,664 2,058
EBITDA 1 198.2 174.4 131.6 105.4 131.7 212.7
EBIT 1 160.4 127.8 67.38 29.03 56.63 110.8
Operating Margin 13.38% 9.94% 5.32% 2.15% 3.4% 5.38%
Earnings before Tax (EBT) 1 185.6 156.1 111.4 316.2 98.5 137.8
Net income 1 164.2 141.3 105.6 278.8 97.55 105.3
Net margin 13.7% 11% 8.34% 20.64% 5.86% 5.12%
EPS 2 0.4800 0.3900 0.2800 0.6800 0.2400 0.2500
Free Cash Flow 1 -96.18 -191.6 -135.8 -172 -129 -61.3
FCF margin -8.03% -14.91% -10.72% -12.73% -7.75% -2.98%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - 0.0260 0.0680 0.0240 0.0251
Announcement Date 11/14/18 6/17/19 4/28/20 4/27/21 4/28/22 4/28/23
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - 69.8 - - - -
Net Cash position 1 212 - 190 592 444 309
Leverage (Debt/EBITDA) - 0.4003 x - - - -
Free Cash Flow 1 -96.2 -192 -136 -172 -129 -61.3
ROE (net income / shareholders' equity) 22.1% 13.9% 7.98% 16.6% 5.07% 6.09%
ROA (Net income/ Total Assets) 7.42% 4.58% 2.05% 0.72% 1.22% 2.18%
Assets 1 2,213 3,085 5,165 38,635 7,969 4,827
Book Value Per Share 2 2.470 2.810 3.520 4.400 4.600 4.870
Cash Flow per Share 2 0.6700 0.6000 0.7300 2.100 2.270 2.020
Capex 1 196 346 152 89.2 88.5 231
Capex / Sales 16.35% 26.9% 12.02% 6.6% 5.32% 11.2%
Announcement Date 11/14/18 6/17/19 4/28/20 4/27/21 4/28/22 4/28/23
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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