Financials Zhenro Services Group Limited

Equities

6958

KYG9898V1005

Real Estate Services

Market Closed - Hong Kong S.E. 04:08:20 2024-04-26 am EDT 5-day change 1st Jan Change
0.165 HKD +2.48% Intraday chart for Zhenro Services Group Limited -2.94% -11.29%

Valuation

Fiscal Period: December 2020 2021 2022
Capitalization 1 3,484 3,855 632.2
Enterprise Value (EV) 1 2,061 3,371 83.65
P/E ratio 17.3 x 22.1 x -2.25 x
Yield 2.08% - -
Capitalization / Revenue 3.16 x 2.89 x 0.55 x
EV / Revenue 1.87 x 2.52 x 0.07 x
EV / EBITDA 8.21 x 12.6 x -4.09 x
EV / FCF 14,563,288 x 189,341,323 x 2,651,207 x
FCF Yield 0% 0% 0%
Price to Book 2.56 x 2.66 x 0.54 x
Nbr of stocks (in thousands) 1,037,500 1,037,500 1,037,500
Reference price 2 3.358 3.716 0.6094
Announcement Date 4/22/21 4/24/22 4/25/23
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 272.9 456.3 716.2 1,103 1,336 1,141
EBITDA 1 30.2 54.58 165 251 267.1 -20.47
EBIT 1 29.23 52.36 159.5 243.4 256.4 -31.77
Operating Margin 10.71% 11.47% 22.26% 22.07% 19.19% -2.78%
Earnings before Tax (EBT) 1 27.7 53.27 146.5 236.7 233.3 -302.9
Net income 1 20.3 39.61 105.4 171.6 174.6 -281.3
Net margin 7.44% 8.68% 14.71% 15.57% 13.07% -24.65%
EPS - - 0.1405 0.1938 0.1683 -0.2712
Free Cash Flow - -105.9 730.3 141.5 17.8 31.55
FCF margin - -23.22% 101.96% 12.83% 1.33% 2.76%
FCF Conversion (EBITDA) - - 442.65% 56.38% 6.67% -
FCF Conversion (Net income) - - 693.14% 82.45% 10.2% -
Dividend per Share - - - 0.0700 - -
Announcement Date 6/29/20 6/29/20 6/29/20 4/22/21 4/24/22 4/25/23
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 397 468 - - - -
Net Cash position 1 - - 196 1,423 484 549
Leverage (Debt/EBITDA) 13.15 x 8.582 x - - - -
Free Cash Flow - -106 730 142 17.8 31.6
ROE (net income / shareholders' equity) - 115% 120% 23.2% 12.4% -21.2%
ROA (Net income/ Total Assets) - 4.15% 14.4% 12.1% 7.13% -0.88%
Assets 1 - 955.4 729.5 1,413 2,448 31,878
Book Value Per Share - - 0.1500 1.310 1.400 1.120
Cash Flow per Share - - 0.2900 1.400 0.7100 0.6700
Capex 1 1.62 2.89 3.88 3.69 6.55 4.01
Capex / Sales 0.6% 0.63% 0.54% 0.33% 0.49% 0.35%
Announcement Date 6/29/20 6/29/20 6/29/20 4/22/21 4/24/22 4/25/23
1CNY in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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