Financials Zhejiang Supor Co., Ltd.

Equities

002032

CNE000001KS5

Appliances, Tools & Housewares

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
58.26 CNY -1.75% Intraday chart for Zhejiang Supor Co., Ltd. -3.78% +9.90%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 63,046 63,716 50,246 39,832 42,247 46,427 - -
Enterprise Value (EV) 1 61,737 61,996 47,621 36,310 38,946 43,450 42,597 42,375
P/E ratio 32.8 x 34.7 x 26 x 19.3 x 19.5 x 20.1 x 18 x 17 x
Yield 1.73% 1.65% 3.1% 6.13% 5.15% 4.05% 4.47% 5.06%
Capitalization / Revenue 3.18 x 3.43 x 2.33 x 1.97 x 1.98 x 2.04 x 1.88 x 1.76 x
EV / Revenue 3.11 x 3.33 x 2.21 x 1.8 x 1.83 x 1.91 x 1.72 x 1.61 x
EV / EBITDA 25.5 x 26.6 x 18.8 x 13.5 x 13.7 x 15.6 x 14 x 12.8 x
EV / FCF 47.8 x 34.5 x 26.1 x 12.1 x 20.5 x 20.5 x 18.4 x 17.5 x
FCF Yield 2.09% 2.9% 3.83% 8.26% 4.88% 4.89% 5.43% 5.72%
Price to Book 9.22 x 8.89 x 6.6 x 5.69 x 6.74 x 7.41 x 6.54 x 6.13 x
Nbr of stocks (in thousands) 821,120 816,978 807,293 805,329 796,971 796,891 - -
Reference price 2 76.78 77.99 62.24 49.46 53.01 58.26 58.26 58.26
Announcement Date 2/26/20 2/24/21 2/24/22 2/22/23 2/22/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 19,853 18,597 21,585 20,171 21,301 22,762 24,696 26,350
EBITDA 1 2,421 2,329 2,536 2,687 2,841 2,793 3,053 3,310
EBIT 1 2,296 2,197 2,385 2,535 2,681 2,856 3,141 3,352
Operating Margin 11.57% 11.81% 11.05% 12.57% 12.59% 12.55% 12.72% 12.72%
Earnings before Tax (EBT) 1 2,273 2,200 2,386 2,545 2,685 2,857 3,188 3,400
Net income 1 1,920 1,846 1,944 2,068 2,180 2,345 2,609 2,763
Net margin 9.67% 9.93% 9.01% 10.25% 10.23% 10.3% 10.57% 10.49%
EPS 2 2.338 2.248 2.396 2.564 2.719 2.903 3.236 3.425
Free Cash Flow 1 1,291 1,798 1,825 3,000 1,900 2,124 2,311 2,425
FCF margin 6.5% 9.67% 8.45% 14.87% 8.92% 9.33% 9.36% 9.2%
FCF Conversion (EBITDA) 53.31% 77.19% 71.95% 111.65% 66.88% 76.05% 75.72% 73.25%
FCF Conversion (Net income) 67.24% 97.39% 93.86% 145.1% 87.17% 90.59% 88.58% 87.76%
Dividend per Share 2 1.330 1.290 1.930 3.030 2.730 2.360 2.603 2.949
Announcement Date 2/26/20 2/24/21 2/24/22 2/22/23 2/22/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2020 S2 2021 Q4 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 8,187 10,410 5,920 5,612 4,712 10,324 4,657 5,190 4,963 5,020 5,384 5,934 5,378 4,951 6,247 6,539 - -
EBITDA 1 - - 900.2 734.6 590.7 - 490.9 - - - - 1,663 - 553.8 808.9 808.9 - -
EBIT - 1,391 794.9 722.1 531.4 - 500.6 781.1 552.4 546.3 591.9 - 583.7 - - - - -
Operating Margin - 13.36% 13.43% 12.87% 11.28% - 10.75% 15.05% 11.13% 10.88% 10.99% - 10.85% - - - - -
Earnings before Tax (EBT) 1 - 1,396 792.9 722.2 530.7 - 500.8 791.4 552.4 545.7 - 990.3 584.1 574.3 861.4 861.4 - -
Net income 1 666.5 1,180 702.9 538.2 394.7 - 376.1 758.8 437.9 442.7 - 817.6 469.5 466.3 699.4 699.4 - -
Net margin 8.14% 11.33% 11.87% 9.59% 8.38% - 8.08% 14.62% 8.82% 8.82% - 13.78% 8.73% 9.42% 11.2% 10.7% - -
EPS 2 - - 0.8810 0.6660 0.4900 - 0.4600 0.9400 0.5440 0.5530 0.6000 1.020 0.5890 0.5783 0.7425 0.9275 - -
Dividend per Share 2 - - 1.930 - - - 1.250 1.780 - - - - - - - 2.594 - -
Announcement Date 7/22/20 2/24/21 2/24/22 4/28/22 7/20/22 7/20/22 10/24/22 2/22/23 4/27/23 7/26/23 10/26/23 2/22/24 4/25/24 - - - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 1,308 1,720 2,625 3,521 3,301 2,977 3,830 4,052
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 1,291 1,798 1,825 3,000 1,900 2,124 2,311 2,425
ROE (net income / shareholders' equity) 30.6% 27% 26.8% 27.9% 34.6% 37.1% 36.8% 37.4%
ROA (Net income/ Total Assets) 17.1% 15.3% 14.8% 15.4% 16.7% 18.2% 18.7% 18.4%
Assets 1 11,241 12,075 13,096 13,426 13,030 12,884 13,979 15,044
Book Value Per Share 2 8.330 8.770 9.430 8.700 7.870 7.860 8.910 9.500
Cash Flow per Share 2 2.110 2.530 2.530 3.910 2.520 3.040 3.400 4.320
Capex 1 442 278 225 160 135 136 143 135
Capex / Sales 2.23% 1.5% 1.04% 0.79% 0.63% 0.6% 0.58% 0.51%
Announcement Date 2/26/20 2/24/21 2/24/22 2/22/23 2/22/24 - - -
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
B
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
18
Last Close Price
58.26 CNY
Average target price
61.14 CNY
Spread / Average Target
+4.95%
Consensus
  1. Stock Market
  2. Equities
  3. 002032 Stock
  4. Financials Zhejiang Supor Co., Ltd.