Financials Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co.,Ltd

Equities

601528

CNE1000050Z2

Banks

End-of-day quote Shanghai S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
5.16 CNY +0.19% Intraday chart for Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co.,Ltd +3.41% +4.24%

Valuation

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Capitalization 1 17,026 9,524 9,713 10,125 - -
Enterprise Value (EV) 1 17,026 9,524 9,713 10,125 10,125 10,125
P/E ratio 12.7 x 6.19 x 5.63 x 5.19 x 4.55 x 4 x
Yield 1.6% - 3.64% 3.97% 4.65% 5.43%
Capitalization / Revenue 5.14 x 2.7 x 2.55 x 2.49 x 2.26 x 2.05 x
EV / Revenue 5.14 x 2.7 x 2.55 x 2.49 x 2.26 x 2.05 x
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 1.25 x 0.64 x 0.58 x 0.55 x 0.5 x 0.45 x
Nbr of stocks (in thousands) 1,962,161 1,962,161 1,962,161 1,962,161 - -
Reference price 2 8.677 4.854 4.950 5.160 5.160 5.160
Announcement Date 3/30/22 1/17/23 3/27/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net sales 1 3,009 3,310 3,525 3,804 4,059 4,472 4,944
EBITDA - - - - - - -
EBIT 1 - 1,366 - 1,600 2,369 2,644 2,926
Operating Margin - 41.25% - 42.07% 58.37% 59.13% 59.18%
Earnings before Tax (EBT) 1 - 1,370 1,586 1,791 2,021 2,303 2,600
Net income 1 - 1,271 1,538 1,727 1,941 2,197 2,533
Net margin - 38.4% 43.63% 45.41% 47.83% 49.12% 51.23%
EPS 2 0.6231 0.6846 0.7846 0.8800 0.9950 1.135 1.290
Free Cash Flow - - - - - - -
FCF margin - - - - - - -
FCF Conversion (EBITDA) - - - - - - -
FCF Conversion (Net income) - - - - - - -
Dividend per Share 2 - 0.1385 - 0.1800 0.2050 0.2400 0.2800
Announcement Date 4/30/21 3/30/22 1/17/23 3/27/24 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow - - - - - - -
ROE (net income / shareholders' equity) - 10.3% - 11% 11.2% 11.6% 11.9%
ROA (Net income/ Total Assets) - 0.95% - 0.97% 0.92% 0.92% 0.92%
Assets 1 - 133,187 - 178,256 211,022 239,411 275,299
Book Value Per Share 2 - 6.920 7.620 8.470 9.340 10.30 11.40
Cash Flow per Share - - - - - - -
Capex - - - - - - -
Capex / Sales - - - - - - -
Announcement Date 4/30/21 3/30/22 1/17/23 3/27/24 - - -
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

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
5.16 CNY
Average target price
6.37 CNY
Spread / Average Target
+23.45%
Consensus

Annual profits - Rate of surprise

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