ZHEJIANG LONGSHENG GROUP CO.,LTD |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 9.15 CNY | -1.72% |
|
+0.44% | +8.93% |
| 11:49am | Zhejiang Longsheng Group's Q1 Profit, Revenue Decline | MT |
| Apr. 29 | Zhejiang Longsheng Group Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 46,315 | 44,154 | 41,090 | 32,208 | 26,508 | 29,380 | - | - |
| Enterprise Value (EV) 1 | 59,053 | 54,826 | 51,969 | 32,208 | 26,508 | 29,380 | 29,380 | 29,380 |
| P/E ratio | 9.18 x | 10.4 x | 12.1 x | 10.6 x | 17.3 x | 16.8 x | 14.8 x | 15.8 x |
| Yield | 1.73% | 1.84% | 1.98% | 2.53% | 2.98% | 3.44% | 3.44% | - |
| Capitalization / Revenue | 2.17 x | 2.83 x | 2.47 x | 1.52 x | 1.73 x | 1.66 x | 1.42 x | 1.5 x |
| EV / Revenue | 2.17 x | 2.83 x | 2.47 x | 1.52 x | 1.73 x | 1.66 x | 1.42 x | 1.5 x |
| EV / EBITDA | 6.78 x | 7.08 x | 7.99 x | 6.68 x | 9.55 x | 8.9 x | 7.57 x | 6.72 x |
| EV / FCF | - | - | - | - | - | - | - | - |
| FCF Yield | - | - | - | - | - | - | - | - |
| Price to Book | 1.92 x | 1.6 x | 1.35 x | 1 x | 0.83 x | 0.89 x | 0.85 x | 0.85 x |
| Nbr of stocks (in thousands) | 3,200,782 | 3,241,825 | 3,253,332 | 3,253,332 | 3,155,732 | 3,155,732 | - | - |
| Reference price 2 | 14.47 | 13.62 | 12.63 | 9.900 | 8.400 | 9.310 | 9.310 | 9.310 |
| Announcement Date | 4/25/20 | 4/19/21 | 4/18/22 | 4/14/23 | 4/19/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 21,365 | 15,605 | 16,660 | 21,226 | 15,303 | 17,685 | 20,699 | 19,550 |
| EBITDA 1 | 6,832 | 6,235 | 5,140 | 4,822 | 2,774 | 3,300 | 3,882 | 4,369 |
| EBIT 1 | 6,116 | 5,434 | 4,278 | 3,930 | 1,925 | 2,270 | 2,562 | 2,478 |
| Operating Margin | 28.63% | 34.82% | 25.68% | 18.52% | 12.58% | 12.84% | 12.38% | 12.68% |
| Earnings before Tax (EBT) 1 | 6,197 | 5,262 | 4,299 | 3,998 | 1,949 | 2,300 | 2,592 | 2,538 |
| Net income 1 | 5,023 | 4,176 | 3,374 | 3,003 | 1,534 | 1,799 | 2,044 | 1,918 |
| Net margin | 23.51% | 26.76% | 20.25% | 14.15% | 10.02% | 10.17% | 9.88% | 9.81% |
| EPS 2 | 1.577 | 1.305 | 1.043 | 0.9357 | 0.4861 | 0.5550 | 0.6300 | 0.5900 |
| Free Cash Flow | - | - | - | - | - | - | - | - |
| FCF margin | - | - | - | - | - | - | - | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - | - |
| Dividend per Share 2 | 0.2500 | 0.2500 | 0.2500 | 0.2500 | 0.2500 | 0.3200 | 0.3200 | - |
| Announcement Date | 4/25/20 | 4/19/21 | 4/18/22 | 4/14/23 | 4/19/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2023 Q2 |
|---|---|
| Net sales 1 | 3,471 |
| EBITDA | - |
| EBIT | - |
| Operating Margin | - |
| Earnings before Tax (EBT) | - |
| Net income | - |
| Net margin | - |
| EPS | - |
| Dividend per Share | - |
| Announcement Date | 8/25/23 |
1CNY in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt | 12,737 | 10,673 | 10,880 | - | - | - | - | - |
| Net Cash position | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 1.864 x | 1.712 x | 2.117 x | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - |
| ROE (net income / shareholders' equity) | 22.5% | 16% | 11.6% | 9.61% | 4.72% | 5.42% | 6.7% | 5.45% |
| ROA (Net income/ Total Assets) | 9.68% | 7.74% | 13.7% | 4.59% | - | 2.9% | 3.75% | - |
| Assets 1 | 51,901 | 53,951 | 24,707 | 65,444 | - | 62,034 | 54,507 | - |
| Book Value Per Share 2 | 7.540 | 8.520 | 9.330 | 9.890 | 10.10 | 10.40 | 10.90 | 11.00 |
| Cash Flow per Share 2 | 2.030 | 0.8500 | 1.440 | 0.2900 | 0.8500 | -0.2300 | 0.5400 | 0.6000 |
| Capex 1 | 753 | 153 | 467 | 317 | 135 | 499 | 499 | 270 |
| Capex / Sales | 3.52% | 0.98% | 2.8% | 1.49% | 0.88% | 2.82% | 2.41% | 1.38% |
| Announcement Date | 4/25/20 | 4/19/21 | 4/18/22 | 4/14/23 | 4/19/24 | - | - | - |
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
D+
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
3
Last Close Price
9.31
CNY
Average target price
10.47
CNY
Spread / Average Target
+12.46%
EPS Revisions
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +10.83% | 4.06B | |
| +6.64% | 1.76B | |
| +5.41% | 998M | |
| +11.26% | 971M | |
| +64.31% | 741M | |
| -2.47% | 693M | |
| +34.71% | 590M | |
| -2.18% | 548M | |
| +18.26% | 502M | |
| 0.00% | 430M |
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- Financials Zhejiang Longsheng Group Co.,Ltd
