Financials China Development Bank Financial Leasing Co., Ltd.

Equities

1606

CNE1000027C9

Corporate Financial Services

Delayed Hong Kong S.E. 09:08:06 30/04/2024 BST 5-day change 1st Jan Change
2.06 HKD -2.37% Intraday chart for China Development Bank Financial Leasing Co., Ltd. +1.98% +48.20%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 19,487 22,210 16,947 12,237 12,155 11,835
Enterprise Value (EV) 1 152,065 193,702 213,600 235,811 267,611 276,693
P/E ratio 9.14 x 8.86 x 5.83 x 3.74 x 3.1 x 3.53 x
Yield 4.92% 5.08% 7.8% 8.01% 9.68% 8.49%
Capitalization / Revenue 3.08 x 3.02 x 1.65 x 1.08 x 1 x 0.78 x
EV / Revenue 24 x 26.3 x 20.8 x 20.7 x 22 x 18.3 x
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 0.83 x 0.92 x 0.66 x 0.46 x 0.4 x 0.35 x
Nbr of stocks (in thousands) 12,646,618 12,646,618 12,642,380 12,642,380 12,642,380 12,642,380
Reference price 2 1.541 1.756 1.341 0.9679 0.9615 0.9362
Announcement Date 24/04/18 29/04/19 27/04/20 26/04/21 27/04/22 31/03/23
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 6,325 7,365 10,265 11,374 12,177 15,105
EBITDA - - - - - -
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) 1 2,808 3,274 3,993 4,584 5,536 4,958
Net income 1 2,131 2,507 2,938 3,268 3,922 3,351
Net margin 33.69% 34.04% 28.62% 28.74% 32.21% 22.18%
EPS 2 0.1686 0.1983 0.2300 0.2585 0.3100 0.2651
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 0.0758 0.0892 0.1046 0.0776 0.0931 0.0795
Announcement Date 24/04/18 29/04/19 27/04/20 26/04/21 27/04/22 31/03/23
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 132,578 171,492 196,653 223,574 255,455 264,857
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) 9.3% 10.5% 11.8% 12.5% 13.8% 10.4%
ROA (Net income/ Total Assets) 1.21% 1.18% 1.18% 1.16% 1.22% 0.96%
Assets 1 176,814 212,600 249,692 282,336 322,603 348,308
Book Value Per Share 2 1.860 1.910 2.030 2.110 2.380 2.710
Cash Flow per Share 2 1.280 1.860 1.700 2.770 2.910 2.350
Capex 1 12,562 26,016 20,365 16,931 24,550 13,943
Capex / Sales 198.61% 353.25% 198.4% 148.85% 201.61% 92.31%
Announcement Date 24/04/18 29/04/19 27/04/20 26/04/21 27/04/22 31/03/23
1CNY in Million2CNY
Estimates
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