Financials Beijing Urban Construction Design & Development Group Co., Limited

Equities

Market Closed - Hong Kong S.E. Other stock markets 09:08:10 26/06/2024 BST			5-day change	1st Jan Change
1.87 ^HKD	0.00%		+1.63%	-5.56%

05-23	Beijing Urban Construction Design & Development Group Co., Limited Approves Final Dividend for the Year Ended December 31, 2023, Payable on August 22, 2024	CI
04-29	Beijing Urban Construction Design & Development Group Co., Limited Reports Earnings Results for the First Quarter Ended March 31, 2024	CI

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	2,784	2,213	2,264	2,323	2,427	2,345	-	-
Enterprise Value (EV) ¹	3,478	2,213	2,264	2,323	2,427	2,345	2,345	2,345
P/E ratio	4.21 x	2.83 x	2.66 x	2.39 x	2.77 x	2.55 x	2.41 x	2.47 x
Yield	-	9.55%	10%	11%	-	10.5%	11%	10.8%
Capitalization / Revenue	0.33 x	0.22 x	0.22 x	0.22 x	0.23 x	0.23 x	0.23 x	0.22 x
EV / Revenue	0.33 x	0.22 x	0.22 x	0.22 x	0.23 x	0.23 x	0.23 x	0.22 x
EV / EBITDA	2,087,211 x	1,445,430 x	1,392,469 x	1,186,804 x	-	-	-	-
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Price to Book	0.58 x	0.41 x	0.37 x	0.34 x	-	0.29 x	0.27 x	0.25 x
Nbr of stocks (in thousands)	1,348,670	1,348,670	1,348,670	1,348,670	1,348,670	1,348,670	-	-
Reference price ²	2.064	1.641	1.679	1.722	1.800	1.739	1.739	1.739
Announcement Date	25/03/20	26/03/21	27/03/22	24/03/23	28/03/24	-	-	-

¹CNY in Million²CNY

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	8,414	9,985	10,488	10,600	10,362	10,330	10,328	10,688
EBITDA	1,334	1,531	1,626	1,957	-	-	-	-
EBIT ¹	1,002	1,160	1,412	1,721	1,113	943	994	978
Operating Margin	11.91%	11.62%	13.47%	16.23%	10.74%	9.13%	9.62%	9.15%
Earnings before Tax (EBT) ¹	769.9	914.4	965.4	1,028	1,018	1,014	1,073	1,065
Net income ¹	658.1	786.5	851.8	972.3	872.9	921	972	949
Net margin	7.82%	7.88%	8.12%	9.17%	8.42%	8.92%	9.41%	8.88%
EPS ²	0.4900	0.5800	0.6300	0.7200	0.6500	0.6830	0.7210	0.7040
Free Cash Flow	-	-	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-	-	-
Dividend per Share ²	-	0.1568	0.1679	0.1898	-	0.1820	0.1920	0.1870
Announcement Date	25/03/20	26/03/21	27/03/22	24/03/23	28/03/24	-	-	-

¹CNY in Million²CNY

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	694	-	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	0.5202 x	-	-	-	-	-	-	-
Free Cash Flow	-	-	-	-	-	-	-	-
ROE (net income / shareholders' equity)	14.4%	15.3%	14.8%	15%	-	11.9%	11.5%	10.4%
ROA (Net income/ Total Assets)	3.57%	3.79%	3.76%	4%	-	3.6%	3.7%	3.6%
Assets ¹	18,431	20,759	22,644	24,305	-	25,583	26,270	26,361
Book Value Per Share ²	3.580	4.040	4.510	5.040	-	6.000	6.540	7.050
Cash Flow per Share	1.050	0.5500	0.2300	0.8500	-	-	-	-
Capex ¹	168	131	149	198	-	225	235	247
Capex / Sales	2%	1.31%	1.42%	1.87%	-	2.18%	2.28%	2.31%
Announcement Date	25/03/20	26/03/21	27/03/22	24/03/23	28/03/24	-	-	-

¹CNY in Million²CNY

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

1.739 CNY

Average target price

2.634 CNY

Spread / Average Target

+51.47%

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