End-of-day quote
Shenzhen S.E.
06:00:00 2024-04-25 pm EDT
|
5-day change
|
1st Jan Change
|
22.16
CNY
|
+1.47%
|
|
+6.44%
|
-24.63%
|
Fiscal Period: December |
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Capitalization
1 |
26,907
|
47,658
|
87,639
|
90,451
|
76,100
|
79,435
|
79,435
|
-
|
Enterprise Value (EV)
1 |
27,366
|
46,905
|
86,371
|
89,699
|
76,663
|
82,172
|
82,867
|
85,149
|
P/E ratio
|
20.8
x
|
33.3
x
|
60.1
x
|
53.8
x
|
29.5
x
|
26.4
x
|
21.4
x
|
17.6
x
|
Yield
|
1.97%
|
0.87%
|
1.01%
|
0.59%
|
0.94%
|
1.21%
|
1.49%
|
1.81%
|
Capitalization / Revenue
|
2.48
x
|
4.22
x
|
7.24
x
|
5.65
x
|
3.56
x
|
2.98
x
|
2.48
x
|
2.07
x
|
EV / Revenue
|
2.53
x
|
4.16
x
|
7.13
x
|
5.6
x
|
3.59
x
|
3.09
x
|
2.59
x
|
2.22
x
|
EV / EBITDA
|
14.7
x
|
23
x
|
40.6
x
|
36.3
x
|
21
x
|
19
x
|
15.7
x
|
13.5
x
|
EV / FCF
|
71.9
x
|
45
x
|
90.3
x
|
-241
x
|
-221
x
|
266
x
|
69.5
x
|
39.1
x
|
FCF Yield
|
1.39%
|
2.22%
|
1.11%
|
-0.41%
|
-0.45%
|
0.38%
|
1.44%
|
2.55%
|
Price to Book
|
3.14
x
|
5.16
x
|
8.8
x
|
8.1
x
|
6.08
x
|
5.23
x
|
4.43
x
|
3.75
x
|
Nbr of stocks (in thousands)
|
3,583,335
|
3,575,042
|
3,555,332
|
3,575,158
|
3,586,255
|
3,584,607
|
3,584,607
|
-
|
Reference price
2 |
7.509
|
13.33
|
24.65
|
25.30
|
21.22
|
22.16
|
22.16
|
22.16
|
Announcement Date
|
2/27/19
|
2/14/20
|
3/26/21
|
3/9/22
|
4/28/23
|
-
|
-
|
-
|
Fiscal Period: December |
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Net sales
1 |
10,836
|
11,287
|
12,110
|
16,021
|
21,348
|
26,620
|
31,975
|
38,358
|
EBITDA
1 |
1,857
|
2,036
|
2,127
|
2,474
|
3,642
|
4,334
|
5,274
|
6,328
|
EBIT
1 |
1,546
|
1,664
|
1,702
|
1,987
|
3,067
|
3,664
|
4,473
|
5,462
|
Operating Margin
|
14.27%
|
14.74%
|
14.05%
|
12.4%
|
14.37%
|
13.76%
|
13.99%
|
14.24%
|
Earnings before Tax (EBT)
1 |
1,539
|
1,663
|
1,692
|
1,977
|
3,051
|
3,644
|
4,480
|
5,458
|
Net income
1 |
1,292
|
1,421
|
1,462
|
1,684
|
2,573
|
3,082
|
3,797
|
4,632
|
Net margin
|
11.93%
|
12.59%
|
12.07%
|
10.51%
|
12.05%
|
11.58%
|
11.87%
|
12.08%
|
EPS
2 |
0.3610
|
0.4000
|
0.4100
|
0.4700
|
0.7200
|
0.8388
|
1.034
|
1.262
|
Free Cash Flow
1 |
380.6
|
1,042
|
956.8
|
-371.6
|
-347.5
|
308.4
|
1,193
|
2,175
|
FCF margin
|
3.51%
|
9.23%
|
7.9%
|
-2.32%
|
-1.63%
|
1.16%
|
3.73%
|
5.67%
|
FCF Conversion (EBITDA)
|
20.49%
|
51.17%
|
44.99%
|
-
|
-
|
7.12%
|
22.62%
|
34.37%
|
FCF Conversion (Net income)
|
29.45%
|
73.29%
|
65.44%
|
-
|
-
|
10.01%
|
31.42%
|
46.95%
|
Dividend per Share
2 |
0.1479
|
0.1154
|
0.2500
|
0.1500
|
0.2000
|
0.2688
|
0.3297
|
0.4022
|
Announcement Date
|
2/27/19
|
2/14/20
|
3/26/21
|
3/9/22
|
4/28/23
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q2
|
2021 Q3
|
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
|
---|
Net sales
1 |
4,266
|
4,046
|
4,301
|
4,804
|
5,356
|
5,439
|
5,749
|
5,679
|
6,850
|
6,447
|
7,389
|
7,179
|
8,379
|
8,155
|
8,845
|
EBITDA
1 |
-
|
700.7
|
560.6
|
635.8
|
809
|
909.6
|
-
|
-
|
-
|
-
|
1,077
|
-
|
-
|
-
|
-
|
EBIT
1 |
556.9
|
568.7
|
409.8
|
552.3
|
685.9
|
732.2
|
1,096
|
701.8
|
976.8
|
940.8
|
976.4
|
870.9
|
1,192
|
1,231
|
-
|
Operating Margin
|
13.05%
|
14.06%
|
9.53%
|
11.5%
|
12.81%
|
13.46%
|
19.07%
|
12.36%
|
14.26%
|
14.59%
|
13.22%
|
12.13%
|
14.23%
|
15.09%
|
-
|
Earnings before Tax (EBT)
1 |
558.5
|
566.1
|
403.4
|
553.5
|
686
|
732.2
|
1,080
|
-
|
976
|
943.3
|
915.6
|
-
|
-
|
-
|
-
|
Net income
1 |
463.8
|
469.3
|
390.9
|
453
|
550.2
|
624.5
|
945.7
|
-
|
793.5
|
764.9
|
759.2
|
-
|
-
|
-
|
-
|
Net margin
|
10.87%
|
11.6%
|
9.09%
|
9.43%
|
10.27%
|
11.48%
|
16.45%
|
-
|
11.58%
|
11.86%
|
10.28%
|
-
|
-
|
-
|
-
|
EPS
2 |
0.1300
|
0.1300
|
0.1100
|
0.1300
|
0.1400
|
0.1700
|
0.2800
|
0.1700
|
0.2200
|
0.2000
|
0.2338
|
0.2200
|
0.2900
|
0.2550
|
0.3100
|
Dividend per Share
2 |
-
|
-
|
0.1500
|
-
|
-
|
-
|
0.2000
|
-
|
-
|
-
|
0.2343
|
-
|
-
|
-
|
0.2965
|
Announcement Date
|
8/11/21
|
10/25/21
|
3/9/22
|
4/25/22
|
8/12/22
|
10/26/22
|
4/28/23
|
4/28/23
|
8/22/23
|
10/30/23
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Net Debt
1 |
460
|
-
|
-
|
-
|
562
|
2,737
|
3,433
|
5,715
|
Net Cash position
1 |
-
|
753
|
1,268
|
753
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
0.2475
x
|
-
|
-
|
-
|
0.1544
x
|
0.6315
x
|
0.6508
x
|
0.9031
x
|
Free Cash Flow
1 |
381
|
1,042
|
957
|
-372
|
-348
|
308
|
1,193
|
2,175
|
ROE (net income / shareholders' equity)
|
15.7%
|
16.1%
|
15%
|
16%
|
21.4%
|
20.8%
|
21.6%
|
22.3%
|
ROA (Net income/ Total Assets)
|
9.82%
|
9.9%
|
9.19%
|
8.29%
|
-
|
9.74%
|
10.3%
|
10.8%
|
Assets
1 |
13,164
|
14,361
|
15,912
|
20,317
|
-
|
31,624
|
37,028
|
42,882
|
Book Value Per Share
2 |
2.390
|
2.580
|
2.800
|
3.120
|
3.490
|
4.240
|
5.000
|
5.900
|
Cash Flow per Share
2 |
0.3600
|
0.5300
|
0.5800
|
0.4300
|
0.7000
|
0.7100
|
0.9000
|
1.150
|
Capex
1 |
907
|
859
|
1,131
|
1,927
|
2,857
|
1,620
|
1,554
|
1,448
|
Capex / Sales
|
8.37%
|
7.61%
|
9.34%
|
12.03%
|
13.38%
|
6.09%
|
4.86%
|
3.78%
|
Announcement Date
|
2/27/19
|
2/14/20
|
3/26/21
|
3/9/22
|
4/28/23
|
-
|
-
|
-
|
Last Close Price
22.16
CNY Average target price
31.83
CNY Spread / Average Target +43.63% Consensus |
1st Jan change
|
Capi.
|
---|
| -24.63% | 10.96B | | +11.20% | 15.36B | | +22.19% | 8.24B | | -3.28% | 6.73B | | +35.50% | 1.97B | | +0.49% | 1.51B | | +26.34% | 975M | | +0.92% | 845M | | +9.29% | 751M | | -5.19% | 675M |
Industrial Valve Manufacturing
|