Financials Zhejiang Shapuaisi Pharmaceutical Co.,Ltd.

Equities

603168

CNE100001TG0

Pharmaceuticals

End-of-day quote Shanghai S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
8.7 CNY +1.99% Intraday chart for Zhejiang Shapuaisi Pharmaceutical Co.,Ltd. +1.87% -35.12%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,210 2,800 2,529 3,058 3,397 5,085
Enterprise Value (EV) 1 1,615 2,118 2,072 2,852 2,883 4,891
P/E ratio -17.5 x 434 x -14 x 86.2 x 65.7 x 192 x
Yield - 0.13% - - 0.41% -
Capitalization / Revenue 3.64 x 5.43 x 7.06 x 4.88 x 6.18 x 7.88 x
EV / Revenue 2.66 x 4.1 x 5.78 x 4.55 x 5.25 x 7.58 x
EV / EBITDA 19.7 x 60.5 x -44.4 x 24.7 x 29.7 x 58.1 x
EV / FCF 42 x 88.5 x 6.87 x -8.41 x 34 x -61.4 x
FCF Yield 2.38% 1.13% 14.5% -11.9% 2.94% -1.63%
Price to Book 1.49 x 1.88 x 1.94 x 2.26 x 1.99 x 2.47 x
Nbr of stocks (in thousands) 322,592 322,592 322,592 322,592 372,514 379,162
Reference price 2 6.850 8.680 7.840 9.480 9.120 13.41
Announcement Date 4/26/19 4/24/20 4/20/21 3/28/22 4/28/23 4/19/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 607.4 516 358.2 627.1 549.5 645
EBITDA 1 82.07 34.99 -46.7 115.4 97.06 84.2
EBIT 1 30.66 -19.81 -110.5 59.93 39.62 19.7
Operating Margin 5.05% -3.84% -30.84% 9.56% 7.21% 3.05%
Earnings before Tax (EBT) 1 -111.5 16.78 -176.5 63.64 55.2 33.08
Net income 1 -126.5 7.857 -179.4 35.66 45.94 25.41
Net margin -20.82% 1.52% -50.07% 5.69% 8.36% 3.94%
EPS 2 -0.3921 0.0200 -0.5600 0.1100 0.1388 0.0700
Free Cash Flow 1 38.45 23.92 301.5 -339 84.68 -79.64
FCF margin 6.33% 4.64% 84.16% -54.06% 15.41% -12.35%
FCF Conversion (EBITDA) 46.85% 68.36% - - 87.24% -
FCF Conversion (Net income) - 304.4% - - 184.34% -
Dividend per Share - 0.0110 - - 0.0370 -
Announcement Date 4/26/19 4/24/20 4/20/21 3/28/22 4/28/23 4/19/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 595 682 457 206 515 194
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 38.5 23.9 301 -339 84.7 -79.6
ROE (net income / shareholders' equity) -8.06% 0.53% -12.8% 3.79% 2.99% 1.46%
ROA (Net income/ Total Assets) 1.09% -0.76% -4.23% 2.3% 1.4% 0.6%
Assets 1 -11,612 -1,028 4,237 1,551 3,286 4,259
Book Value Per Share 2 4.590 4.620 4.050 4.190 4.580 5.430
Cash Flow per Share 2 0.4500 0.6900 0.3300 0.4300 1.410 1.120
Capex 1 58.4 20.3 17.2 153 149 220
Capex / Sales 9.61% 3.94% 4.8% 24.47% 27.06% 34.08%
Announcement Date 4/26/19 4/24/20 4/20/21 3/28/22 4/28/23 4/19/24
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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