ZHEJIANG SEMIR GARMENT CO., LTD. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 6.26 CNY | -0.63% |
|
+0.32% | +8.49% |
| Apr. 26 | Zhejiang Semir Garment Co., Ltd. Approves Cash Dividend for the Year 2023 | CI |
| Apr. 02 | Zhejiang Semir Garment Co., Ltd. Proposes Final Dividend for the Year 2023 | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 26,635 | 27,030 | 20,825 | 14,117 | 15,545 | 16,865 | - | - |
| Enterprise Value (EV) 1 | 24,354 | 21,992 | 16,083 | 7,945 | 7,619 | 8,109 | 7,610 | 7,526 |
| P/E ratio | 17 x | 33.4 x | 14.1 x | 21.8 x | 13.7 x | 12.8 x | 11.2 x | 9.93 x |
| Yield | 4.56% | 2.5% | 9.7% | 3.82% | 5.2% | 5.71% | 8.62% | 13.6% |
| Capitalization / Revenue | 1.38 x | 1.78 x | 1.35 x | 1.06 x | 1.14 x | 1.12 x | 1.02 x | 0.94 x |
| EV / Revenue | 1.26 x | 1.45 x | 1.04 x | 0.6 x | 0.56 x | 0.54 x | 0.46 x | 0.42 x |
| EV / EBITDA | 9.64 x | 15.1 x | 7.32 x | 6.77 x | 4.35 x | 3.82 x | 3.24 x | 2.84 x |
| EV / FCF | 18.2 x | 5.08 x | 8.52 x | 7.46 x | 4.53 x | 4.3 x | 4.46 x | 4.62 x |
| FCF Yield | 5.48% | 19.7% | 11.7% | 13.4% | 22.1% | 23.3% | 22.4% | 21.6% |
| Price to Book | 2.26 x | 2.36 x | 1.79 x | 1.3 x | 1.35 x | 1.41 x | 1.37 x | 1.36 x |
| Nbr of stocks (in thousands) | 2,698,536 | 2,697,593 | 2,694,090 | 2,694,090 | 2,694,090 | 2,694,090 | - | - |
| Reference price 2 | 9.870 | 10.02 | 7.730 | 5.240 | 5.770 | 6.260 | 6.260 | 6.260 |
| Announcement Date | 2/28/20 | 2/26/21 | 3/9/22 | 4/3/23 | 3/12/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 19,337 | 15,205 | 15,420 | 13,331 | 13,661 | 15,112 | 16,551 | 17,881 |
| EBITDA 1 | 2,525 | 1,454 | 2,199 | 1,174 | 1,751 | 2,121 | 2,352 | 2,651 |
| EBIT 1 | 2,152 | 1,105 | 1,929 | 871.3 | 1,505 | 1,797 | 2,043 | 2,289 |
| Operating Margin | 11.13% | 7.27% | 12.51% | 6.54% | 11.02% | 11.89% | 12.34% | 12.8% |
| Earnings before Tax (EBT) 1 | 2,129 | 1,088 | 1,922 | 863.6 | 1,488 | 1,763 | 2,002 | 2,241 |
| Net income 1 | 1,549 | 805.7 | 1,486 | 637 | 1,122 | 1,321 | 1,513 | 1,696 |
| Net margin | 8.01% | 5.3% | 9.64% | 4.78% | 8.21% | 8.74% | 9.14% | 9.49% |
| EPS 2 | 0.5800 | 0.3000 | 0.5500 | 0.2400 | 0.4200 | 0.4905 | 0.5604 | 0.6306 |
| Free Cash Flow 1 | 1,334 | 4,328 | 1,887 | 1,065 | 1,681 | 1,888 | 1,706 | 1,628 |
| FCF margin | 6.9% | 28.46% | 12.23% | 7.99% | 12.3% | 12.49% | 10.31% | 9.1% |
| FCF Conversion (EBITDA) | 52.84% | 297.63% | 85.81% | 90.73% | 95.99% | 88.98% | 72.53% | 61.39% |
| FCF Conversion (Net income) | 86.13% | 537.19% | 126.92% | 167.15% | 149.86% | 142.88% | 112.74% | 95.95% |
| Dividend per Share 2 | 0.4500 | 0.2500 | 0.7500 | 0.2000 | 0.3000 | 0.3572 | 0.5397 | 0.8544 |
| Announcement Date | 2/28/20 | 2/26/21 | 3/9/22 | 4/3/23 | 3/12/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2019 S1 | 2022 Q1 | 2022 Q2 | 2022 Q3 |
|---|---|---|---|---|
| Net sales 1 | 8,219 | - | - | 3,302 |
| EBITDA | - | - | - | - |
| EBIT | - | - | - | - |
| Operating Margin | - | - | - | - |
| Earnings before Tax (EBT) | - | - | - | - |
| Net income 1 | 722.1 | 208.9 | -104.5 | 167.1 |
| Net margin | 8.79% | - | - | 5.06% |
| EPS | - | - | -0.0400 | - |
| Dividend per Share | - | - | - | - |
| Announcement Date | 8/27/19 | 4/29/22 | 8/25/22 | 10/30/22 |
1CNY in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | 2,281 | 5,037 | 4,743 | 6,172 | 7,925 | 8,756 | 9,255 | 9,339 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | 1,334 | 4,328 | 1,887 | 1,065 | 1,681 | 1,888 | 1,706 | 1,628 |
| ROE (net income / shareholders' equity) | 13.6% | 7.01% | 12.8% | 5.7% | 10.1% | 11.1% | 12.3% | 13.9% |
| ROA (Net income/ Total Assets) | 9.34% | 4.77% | 7.94% | 3.35% | - | 6.94% | 7.42% | 7.82% |
| Assets 1 | 16,594 | 16,894 | 18,713 | 19,025 | - | 19,049 | 20,390 | 21,682 |
| Book Value Per Share 2 | 4.360 | 4.250 | 4.330 | 4.050 | 4.270 | 4.430 | 4.560 | 4.600 |
| Cash Flow per Share 2 | 0.6200 | 1.650 | 0.7700 | 0.4400 | 0.7200 | 0.5900 | 0.6200 | 0.6700 |
| Capex 1 | 342 | 128 | 189 | 111 | 261 | 246 | 252 | 261 |
| Capex / Sales | 1.77% | 0.85% | 1.23% | 0.83% | 1.91% | 1.63% | 1.52% | 1.46% |
| Announcement Date | 2/28/20 | 2/26/21 | 3/9/22 | 4/3/23 | 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
C
Sell
Buy
Mean consensus
BUY
Number of Analysts
9
Last Close Price
6.26
CNY
Average target price
7.274
CNY
Spread / Average Target
+16.20%
EPS Revisions
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +8.49% | 2.33B | |
| +7.99% | 422B | |
| +4.73% | 143B | |
| -28.67% | 45.92B | |
| +16.55% | 18.73B | |
| +15.45% | 10.64B | |
| +27.75% | 8.41B | |
| -9.08% | 6.41B | |
| +29.34% | 6.32B | |
| +10.13% | 5.94B |
- Stock Market
- Equities
- 002563 Stock
- Financials Zhejiang Semir Garment Co., Ltd.
