Financials Befar Group Co.,Ltd

Equities

601678

CNE100000L97

Commodity Chemicals

End-of-day quote Shanghai S.E. 23:00:00 27/06/2024 BST 5-day change 1st Jan Change
3.48 CNY +0.58% Intraday chart for Befar Group Co.,Ltd -0.29% -17.34%

Valuation

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 7,901 15,289 10,521 8,507 6,962 - -
Enterprise Value (EV) 1 7,901 15,289 10,521 8,507 6,962 6,962 6,962
P/E ratio 15.4 x 8.39 x 8.86 x 22.2 x 17.4 x 12.9 x 7.73 x
Yield - 1.88% - - - - -
Capitalization / Revenue - 1.65 x - - 0.61 x 0.57 x 0.51 x
EV / Revenue - 1.65 x - - 0.61 x 0.57 x 0.51 x
EV / EBITDA - 5.66 x - - 3.36 x 3.03 x 2.46 x
EV / FCF - 1,199,823,905 x - - - - -
FCF Yield - 0% - - - - -
Price to Book - 1.57 x - - 0.61 x 0.58 x 0.54 x
Nbr of stocks (in thousands) 1,505,000 1,918,378 2,046,953 2,020,563 2,000,594 - -
Reference price 2 5.250 7.970 5.140 4.210 3.480 3.480 3.480
Announcement Date 05/02/21 28/02/22 17/02/23 26/04/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net sales 1 - 9,268 - - 11,344 12,154 13,594
EBITDA 1 - 2,701 - - 2,074 2,296 2,834
EBIT 1 - 2,218 - - 558 738 1,235
Operating Margin - 23.93% - - 4.92% 6.07% 9.08%
Earnings before Tax (EBT) 1 - 2,203 - - 553 733 1,230
Net income 1 512.2 1,626 1,170 383.1 420 557 935
Net margin - 17.54% - - 3.7% 4.58% 6.88%
EPS 2 0.3400 0.9500 0.5800 0.1900 0.2000 0.2700 0.4500
Free Cash Flow - 12.74 - - - - -
FCF margin - 0.14% - - - - -
FCF Conversion (EBITDA) - 0.47% - - - - -
FCF Conversion (Net income) - 0.78% - - - - -
Dividend per Share 2 - 0.1500 - - - - -
Announcement Date 05/02/21 28/02/22 17/02/23 26/04/24 - - -
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 - 12.7 - - - - -
ROE (net income / shareholders' equity) - 18.5% - - 3.6% 4.5% 7%
ROA (Net income/ Total Assets) - 10.4% - - 1.8% 2.4% 3.7%
Assets 1 - 15,571 - - 23,333 23,208 25,270
Book Value Per Share 2 - 5.080 - - 5.750 6.020 6.470
Cash Flow per Share 2 - 1.160 - - 1.240 0.7600 1.270
Capex 1 - 2,317 - - 1,104 1,104 1,104
Capex / Sales - 25% - - 9.73% 9.08% 8.12%
Announcement Date 05/02/21 28/02/22 17/02/23 26/04/24 - - -
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
1
Last Close Price
3.48 CNY
Average target price
7.47 CNY
Spread / Average Target
+114.66%
Consensus

Annual profits - Rate of surprise

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