Financials China ZhengTong Auto Services Holdings Limited Deutsche Boerse AG

Equities

ZA0

KYG215A81084

Auto Vehicles, Parts & Service Retailers

Market Closed - Deutsche Boerse AG 07:04:23 20/06/2024 BST 5-day change 1st Jan Change
0.021 EUR +7.69% Intraday chart for China ZhengTong Auto Services Holdings Limited -2.33% -39.13%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 6,092 1,952 1,946 1,721 860 586.9 - -
Enterprise Value (EV) 1 25,179 14,789 18,399 20,902 19,876 586.9 586.9 586.9
P/E ratio 9.17 x -0.22 x -0.53 x -5.75 x -0.94 x -1.02 x -2.08 x -10.3 x
Yield 3.68% - - - - - - -
Capitalization / Revenue 0.17 x 0.11 x 0.09 x 0.08 x 0.04 x 0.02 x 0.02 x 0.02 x
EV / Revenue 0.17 x 0.11 x 0.09 x 0.08 x 0.04 x 0.02 x 0.02 x 0.02 x
EV / EBITDA 1.94 x -0.23 x -2.52 x 1.35 x 0.85 x 0.68 x 0.49 x 0.41 x
EV / FCF 4,678,227 x -6,551,946 x -3,849,819 x -2,423,586 x - - - -
FCF Yield 0% -0% -0% -0% - - - -
Price to Book 0.49 x 0.45 x 3.78 x 8.9 x 2.31 x - - -
Nbr of stocks (in thousands) 2,452,220 2,697,442 2,744,542 2,744,542 2,867,102 2,867,102 - -
Reference price 2 2.484 0.7238 0.7089 0.6271 0.2999 0.2047 0.2047 0.2047
Announcement Date 30/03/20 01/04/21 29/03/22 30/03/23 27/03/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 35,138 17,501 20,986 22,607 24,132 26,733 28,475 30,491
EBITDA 1 3,134 -8,335 -772.1 1,270 1,012 862.6 1,194 1,449
EBIT 1 2,178 -9,306 -1,674 833.6 168.2 375.5 698.8 947.8
Operating Margin 6.2% -53.17% -7.98% 3.69% 0.7% 1.4% 2.45% 3.11%
Earnings before Tax (EBT) 1 1,163 -10,363 -2,214 -130.3 -886.6 -624.1 -305.8 -61.66
Net income 1 663.9 -8,579 -3,622 -296.3 -891 -576.1 -282.3 -56.91
Net margin 1.89% -49.02% -17.26% -1.31% -3.69% -2.16% -0.99% -0.19%
EPS 2 0.2710 -3.348 -1.338 -0.1090 -0.3190 -0.2009 -0.0984 -0.0198
Free Cash Flow 1,302 -298 -505.4 -710.1 - - - -
FCF margin 3.71% -1.7% -2.41% -3.14% - - - -
FCF Conversion (EBITDA) 41.56% - - - - - - -
FCF Conversion (Net income) 196.17% - - - - - - -
Dividend per Share 0.0916 - - - - - - -
Announcement Date 30/03/20 01/04/21 29/03/22 30/03/23 27/03/24 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 19,086 12,836 16,453 19,181 19,016 - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) 6.09 x -1.54 x -21.31 x 15.1 x 18.79 x - - -
Free Cash Flow 1,302 -298 -505 -710 - - - -
ROE (net income / shareholders' equity) 5.41% -104% -157% -84.4% - -125% -65.4% -20.7%
ROA (Net income/ Total Assets) 1.49% -23.6% -13.4% -1.1% - - - -
Assets 1 44,528 36,427 27,063 26,930 - - - -
Book Value Per Share 5.060 1.600 0.1900 0.0700 0.1300 - - -
Cash Flow per Share 1.040 0.1400 - - - - - -
Capex 1,782 644 661 869 - - - -
Capex / Sales 5.07% 3.68% 3.15% 3.84% - - - -
Announcement Date 30/03/20 01/04/21 29/03/22 30/03/23 27/03/24 - - -
1CNY in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
SELL
Number of Analysts
1
Last Close Price
0.2047 CNY
Average target price
0.204 CNY
Spread / Average Target
-0.34%
Consensus

Annual profits - Rate of surprise

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  5. Financials China ZhengTong Auto Services Holdings Limited