End-of-day quote
Shenzhen S.E.
23:00:00 26/06/2024 BST
|
5-day change
|
1st Jan Change
|
185
CNY
|
-0.27%
|
|
-1.59%
|
+13.32%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
234,974
|
817,902
|
1,370,540
|
960,934
|
718,187
|
811,632
|
-
|
-
|
Enterprise Value (EV)
1 |
212,396
|
777,612
|
1,335,114
|
869,816
|
578,757
|
645,910
|
600,020
|
537,554
|
P/E ratio
|
50.9
x
|
141
x
|
86
x
|
30.5
x
|
13.9
x
|
16.4
x
|
13.6
x
|
11.4
x
|
Yield
|
0.21%
|
0.07%
|
-
|
0.64%
|
3.08%
|
2.04%
|
2.05%
|
2.67%
|
Capitalization / Revenue
|
5.13
x
|
16.3
x
|
10.5
x
|
2.92
x
|
1.79
x
|
1.97
x
|
1.62
x
|
1.41
x
|
EV / Revenue
|
4.64
x
|
15.5
x
|
10.2
x
|
2.65
x
|
1.44
x
|
1.57
x
|
1.2
x
|
0.94
x
|
EV / EBITDA
|
20.9
x
|
65.7
x
|
50.8
x
|
17.4
x
|
7.59
x
|
7.91
x
|
6.27
x
|
4.84
x
|
EV / FCF
|
55
x
|
152
x
|
-1,559
x
|
66.9
x
|
9.77
x
|
13.4
x
|
8.38
x
|
6.69
x
|
FCF Yield
|
1.82%
|
0.66%
|
-0.06%
|
1.49%
|
10.2%
|
7.48%
|
11.9%
|
14.9%
|
Price to Book
|
6.16
x
|
12.7
x
|
16.2
x
|
5.84
x
|
3.63
x
|
3.49
x
|
2.93
x
|
2.49
x
|
Nbr of stocks (in thousands)
|
3,975,119
|
4,193,053
|
4,195,532
|
4,396,526
|
4,399,041
|
4,387,198
|
-
|
-
|
Reference price
2 |
59.11
|
195.1
|
326.7
|
218.6
|
163.3
|
185.0
|
185.0
|
185.0
|
Announcement Date
|
27/02/20
|
27/04/21
|
21/04/22
|
09/03/23
|
15/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
45,788
|
50,319
|
130,356
|
328,594
|
400,917
|
412,317
|
499,968
|
574,619
|
EBITDA
1 |
10,168
|
11,827
|
26,260
|
49,913
|
76,247
|
81,606
|
95,759
|
111,158
|
EBIT
1 |
5,759
|
6,959
|
19,824
|
36,822
|
53,718
|
57,701
|
68,889
|
81,401
|
Operating Margin
|
12.58%
|
13.83%
|
15.21%
|
11.21%
|
13.4%
|
13.99%
|
13.78%
|
14.17%
|
Earnings before Tax (EBT)
1 |
5,761
|
6,983
|
19,887
|
36,673
|
53,914
|
61,512
|
73,736
|
87,752
|
Net income
1 |
4,560
|
5,583
|
15,931
|
30,729
|
44,121
|
49,839
|
60,327
|
71,910
|
Net margin
|
9.96%
|
11.1%
|
12.22%
|
9.35%
|
11.01%
|
12.09%
|
12.07%
|
12.51%
|
EPS
2 |
1.160
|
1.380
|
3.800
|
7.155
|
11.78
|
11.27
|
13.65
|
16.29
|
Free Cash Flow
1 |
3,860
|
5,128
|
-856.5
|
12,994
|
59,214
|
48,318
|
71,641
|
80,358
|
FCF margin
|
8.43%
|
10.19%
|
-0.66%
|
3.95%
|
14.77%
|
11.72%
|
14.33%
|
13.98%
|
FCF Conversion (EBITDA)
|
37.96%
|
43.35%
|
-
|
26.03%
|
77.66%
|
59.21%
|
74.81%
|
72.29%
|
FCF Conversion (Net income)
|
84.64%
|
91.84%
|
-
|
42.28%
|
134.21%
|
96.95%
|
118.75%
|
111.75%
|
Dividend per Share
2 |
0.1222
|
0.1333
|
-
|
1.400
|
5.028
|
3.772
|
3.798
|
4.931
|
Announcement Date
|
27/02/20
|
27/04/21
|
21/04/22
|
09/03/23
|
15/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2020 S2
|
2021 S1
|
2021 Q4
|
2021 S2
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2022 S2
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
---|
Net sales
1 |
25,524
|
18,829
|
31,490
|
44,075
|
56,994
|
86,281
|
48,678
|
64,293
|
112,971
|
97,369
|
118,254
|
215,623
|
89,038
|
100,208
|
105,431
|
106,240
|
79,771
|
97,848
|
116,858
|
123,019
|
107,021
|
120,446
|
EBITDA
1 |
5,415
|
5,057
|
-
|
-
|
8,570
|
-
|
-
|
9,305
|
-
|
11,699
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
15,368
|
23,052
|
23,052
|
-
|
-
|
EBIT
1 |
2,946
|
2,594
|
4,365
|
5,953
|
8,932
|
13,870
|
2,456
|
9,227
|
-
|
10,776
|
14,363
|
25,139
|
12,017
|
13,341
|
11,658
|
16,703
|
13,333
|
11,484
|
14,611
|
16,045
|
-
|
-
|
Operating Margin
|
11.54%
|
13.78%
|
13.86%
|
13.51%
|
15.67%
|
16.08%
|
5.05%
|
14.35%
|
-
|
11.07%
|
12.15%
|
11.66%
|
13.5%
|
13.31%
|
11.06%
|
15.72%
|
16.71%
|
11.74%
|
12.5%
|
13.04%
|
-
|
-
|
Earnings before Tax (EBT)
1 |
2,956
|
2,597
|
4,386
|
6,335
|
9,013
|
13,552
|
-
|
9,229
|
-
|
10,617
|
14,346
|
24,963
|
12,011
|
13,458
|
11,697
|
16,748
|
13,200
|
12,977
|
19,466
|
19,466
|
-
|
-
|
Net income
1 |
2,458
|
1,937
|
3,646
|
4,484
|
9,328
|
-
|
-
|
6,675
|
8,168
|
9,424
|
13,138
|
22,561
|
9,822
|
10,895
|
10,428
|
12,976
|
10,510
|
10,408
|
15,612
|
15,612
|
-
|
-
|
Net margin
|
9.63%
|
10.29%
|
11.58%
|
10.17%
|
16.37%
|
-
|
-
|
10.38%
|
7.23%
|
9.68%
|
11.11%
|
10.46%
|
11.03%
|
10.87%
|
9.89%
|
12.21%
|
13.18%
|
10.64%
|
13.36%
|
12.69%
|
-
|
-
|
EPS
2 |
0.6222
|
0.4892
|
-
|
-
|
1.948
|
-
|
0.3558
|
1.591
|
-
|
2.183
|
3.028
|
-
|
2.234
|
0.6900
|
2.372
|
4.700
|
2.389
|
2.608
|
3.309
|
3.534
|
-
|
-
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
1.400
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
3.549
|
-
|
-
|
Announcement Date
|
27/02/20
|
26/08/20
|
27/04/21
|
25/08/21
|
21/04/22
|
21/04/22
|
29/04/22
|
23/08/22
|
23/08/22
|
21/10/22
|
09/03/23
|
09/03/23
|
20/04/23
|
25/07/23
|
19/10/23
|
15/03/24
|
15/04/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
22,578
|
40,290
|
35,426
|
91,119
|
139,431
|
165,722
|
211,611
|
274,078
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
3,860
|
5,128
|
-857
|
12,994
|
59,214
|
48,318
|
71,641
|
80,359
|
ROE (net income / shareholders' equity)
|
12.8%
|
11.3%
|
21.5%
|
24.7%
|
24%
|
22.3%
|
22.7%
|
22.3%
|
ROA (Net income/ Total Assets)
|
5.21%
|
4.33%
|
6.86%
|
6.76%
|
6.69%
|
6.67%
|
7.05%
|
7.2%
|
Assets
1 |
87,614
|
128,975
|
232,133
|
454,309
|
659,057
|
746,875
|
856,189
|
998,473
|
Book Value Per Share
2 |
9.590
|
15.30
|
20.10
|
37.40
|
44.90
|
53.10
|
63.20
|
74.30
|
Cash Flow per Share
2 |
3.390
|
4.400
|
10.20
|
13.90
|
21.10
|
19.20
|
25.00
|
24.70
|
Capex
1 |
9,612
|
13,302
|
43,765
|
48,215
|
33,612
|
34,957
|
40,104
|
37,221
|
Capex / Sales
|
20.99%
|
26.44%
|
33.57%
|
14.67%
|
8.38%
|
8.48%
|
8.02%
|
6.48%
|
Announcement Date
|
27/02/20
|
27/04/21
|
21/04/22
|
09/03/23
|
15/03/24
|
-
|
-
|
-
|
Average target price
257.5
CNY Spread / Average Target +39.17% Consensus |