Stock 001979 CHINA MERCHANTS SHEKOU INDUSTRIAL ZONE HOLDINGS CO., LTD.
Add to a list
To use this feature you must be a member
Log inSign up

Financials China Merchants Shekou Industrial Zone Holdings Co., Ltd.

Equities

001979

CNE100002FC6

Real Estate Development & Operations

End-of-day quote Shenzhen S.E.
Other stock markets
 23:00:00 29/04/2024 BST 		5-day change 1st Jan Change
8.47 CNY -4.08% Intraday chart for China Merchants Shekou Industrial Zone Holdings Co., Ltd. +8.73% -11.12%
04-29 China Merchants Shekou Industrial Zone Holdings Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024 CI
04-10 China Merchants Shekou Industrial Zone's Contracted Sales Reach 19.16 Billion Yuan in March; Shares Drop 4% MT

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 153,636 102,853 103,240 97,745 86,350 76,745 - -
Enterprise Value (EV) 1 220,216 169,411 194,789 212,867 208,802 209,945 212,113 210,322
P/E ratio 9.98 x 9.1 x 11.5 x 30.8 x 14.7 x 10.1 x 8.77 x 8.04 x
Yield 4.18% 4.82% 4.05% 1.82% 3.36% 4.12% 4.35% 4.41%
Capitalization / Revenue 1.57 x 0.79 x 0.64 x 0.53 x 0.49 x 0.42 x 0.4 x 0.39 x
EV / Revenue 2.25 x 1.31 x 1.21 x 1.16 x 1.19 x 1.14 x 1.1 x 1.06 x
EV / EBITDA 7.98 x 6.6 x 7.9 x 11.9 x 12.2 x 8.84 x 8.54 x 8.06 x
EV / FCF 38.5 x 7.24 x 12.2 x 13 x 8.4 x 22.2 x 13.1 x 9.3 x
FCF Yield 2.6% 13.8% 8.2% 7.7% 11.9% 4.51% 7.62% 10.8%
Price to Book 1.66 x 1.3 x 0.95 x 1.17 x 0.72 x 0.65 x 0.63 x 0.61 x
Nbr of stocks (in thousands) 7,732,064 7,739,098 7,739,098 7,739,098 9,060,836 9,060,836 - -
Reference price 2 19.87 13.29 13.34 12.63 9.530 8.470 8.470 8.470
Announcement Date 13/04/20 23/02/21 23/02/22 20/03/23 18/03/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 97,672 129,621 160,643 183,003 175,008 183,770 193,694 197,878
EBITDA 1 27,601 25,666 24,672 17,882 17,141 23,744 24,827 26,087
EBIT 1 26,320 24,080 22,753 15,360 14,182 16,905 21,120 21,533
Operating Margin 26.95% 18.58% 14.16% 8.39% 8.1% 9.2% 10.9% 10.88%
Earnings before Tax (EBT) 1 26,124 24,109 22,843 15,817 13,989 17,168 20,844 20,537
Net income 1 16,033 12,253 10,372 4,264 6,319 7,613 8,880 9,594
Net margin 16.42% 9.45% 6.46% 2.33% 3.61% 4.14% 4.58% 4.85%
EPS 2 1.990 1.460 1.160 0.4100 0.6500 0.8400 0.9662 1.053
Free Cash Flow 1 5,715 23,402 15,974 16,390 24,847 9,472 16,172 22,616
FCF margin 5.85% 18.05% 9.94% 8.96% 14.2% 5.15% 8.35% 11.43%
FCF Conversion (EBITDA) 20.7% 91.18% 64.75% 91.66% 144.95% 39.89% 65.14% 86.69%
FCF Conversion (Net income) 35.64% 191% 154.01% 384.37% 393.19% 124.41% 182.11% 235.74%
Dividend per Share 2 0.8300 0.6400 0.5400 0.2300 0.3200 0.3492 0.3688 0.3732
Announcement Date 13/04/20 23/02/21 23/02/22 20/03/23 18/03/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2021 S2 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 78,886 - 18,801 38,762 31,922 93,518 15,009 36,434 24,386 99,179 23,747 36,673 55,010 67,935 18,910
EBITDA - - - - - - - - - - 2,577 - - - -
EBIT 10,362 - 1,532 3,913 3,175 6,740 560.8 4,334 2,665 6,622 1,616 - - - -
Operating Margin 13.13% - 8.15% 10.09% 9.95% 7.21% 3.74% 11.9% 10.93% 6.68% 6.8% - - - -
Earnings before Tax (EBT) 10,395 - 1,561 3,941 3,371 6,944 595.6 4,378 2,775 6,240 1,630 - - - -
Net income 4,021 6,122 443.8 1,443 1,070 1,307 272 1,881 1,616 2,550 332.4 - - - -
Net margin 5.1% - 2.36% 3.72% 3.35% 1.4% 1.81% 5.16% 6.63% 2.57% 1.4% - - - -
EPS 0.4700 - 0.0100 0.1500 0.1100 0.1400 0.004000 0.2200 0.1700 0.2600 0.0100 - - - -
Dividend per Share 0.5400 - - - - 0.2300 - - - 0.3200 - - - - -
Announcement Date 23/02/22 23/02/22 27/04/22 29/08/22 30/10/22 20/03/23 21/04/23 13/07/23 30/10/23 18/03/24 29/04/24 - - - -
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 66,580 66,558 91,549 115,122 122,452 133,200 135,368 133,577
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.412 x 2.593 x 3.711 x 6.438 x 7.144 x 5.61 x 5.452 x 5.12 x
Free Cash Flow 1 5,715 23,402 15,974 16,390 24,847 9,472 16,172 22,616
ROE (net income / shareholders' equity) 21.4% 14.4% 10.8% 3.76% 6.04% 5.03% 6.48% 6.47%
ROA (Net income/ Total Assets) 3.08% 1.81% 1.3% 0.49% 0.7% 0.88% 0.95% 0.92%
Assets 1 520,389 677,328 797,743 871,287 897,517 862,644 931,288 1,045,517
Book Value Per Share 2 12.00 10.20 14.00 10.80 13.20 13.10 13.50 14.00
Cash Flow per Share 2 1.740 3.490 2.910 2.870 3.470 2.050 2.740 3.970
Capex 1 8,097 4,220 10,003 5,784 6,584 6,074 6,011 5,854
Capex / Sales 8.29% 3.26% 6.23% 3.16% 3.76% 3.31% 3.1% 2.96%
Announcement Date 13/04/20 23/02/21 23/02/22 20/03/23 18/03/24 - - -
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

Ratings for China Merchants Shekou Industrial Zone Holdings Co., Ltd.

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
18
Last Close Price
8.47 CNY
Average target price
12 CNY
Spread / Average Target
+41.65%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Real Estate Development & Operations

1st Jan change Capi.
CHINA MERCHANTS SHEKOU INDUSTRIAL ZONE HOLDINGS CO., LTD. Stock China Merchants Shekou Industrial Zone Holdings Co., Ltd.
-11.12% 10.6B
MITSUI FUDOSAN CO., LTD. Stock Mitsui Fudosan Co., Ltd.
+40.50% 28.71B
SUN HUNG KAI PROPERTIES LIMITED Stock Sun Hung Kai Properties Limited
-12.37% 26.95B
DLF LIMITED Stock DLF Limited
+22.71% 26.45B
CHINA RESOURCES LAND LIMITED Stock China Resources Land Limited
+5.54% 25.94B
MITSUBISHI ESTATE CO., LTD. Stock Mitsubishi Estate Co., Ltd.
+50.33% 23.39B
CHINA OVERSEAS LAND & INVESTMENT LTD. Stock China Overseas Land & Investment Ltd.
+9.59% 20.4B
EMAAR PROPERTIES Stock Emaar Properties
-2.65% 19.76B
SUMITOMO REALTY & DEVELOPMENT CO., LTD. Stock Sumitomo Realty & Development Co., Ltd.
+29.47% 16.53B
CK ASSET HOLDINGS LIMITED Stock CK Asset Holdings Limited
-13.39% 15.1B
Other Real Estate Development & Operations
  1. Stock Market
  2. Equities
  3. 001979 Stock
  4. Financials China Merchants Shekou Industrial Zone Holdings Co., Ltd.