Financials Fenbi Ltd.

Equities

2469

KYG3413F1046

Miscellaneous Educational Service Providers

Delayed Hong Kong S.E. 04:11:30 13/05/2024 BST 5-day change 1st Jan Change
4.5 HKD -1.32% Intraday chart for Fenbi Ltd. -2.17% -1.96%

Valuation

Fiscal Period: December 2023 2024 2025 2026
Capitalization 1 9,332 9,475 - -
Enterprise Value (EV) 1 9,332 9,475 9,475 9,475
P/E ratio 52.1 x 19.4 x 14.2 x 9.96 x
Yield - 1.19% 0.71% 1.9%
Capitalization / Revenue 3.09 x 2.52 x 2.12 x 1.77 x
EV / Revenue 3.09 x 2.52 x 2.12 x 1.77 x
EV / EBITDA 34.1 x 16.1 x 10.6 x 9.32 x
EV / FCF - 4 x 6.2 x 5.53 x
FCF Yield - 25% 16.1% 18.1%
Price to Book - 5.3 x 68 x 2.84 x
Nbr of stocks (in thousands) 2,236,861 2,246,978 - -
Reference price 2 4.172 4.217 4.217 4.217
Announcement Date 28/03/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2022 2023 2024 2025 2026
Net sales 1 2,810 3,021 3,766 4,463 5,342
EBITDA 1 268.9 273.5 589.4 894.6 1,017
EBIT 1 108.7 173.1 628.4 839.7 1,361
Operating Margin 3.87% 5.73% 16.68% 18.82% 25.47%
Earnings before Tax (EBT) 1 -2,046 205 609.6 827.8 1,161
Net income 1 -2,087 188.6 510.4 694.3 972
Net margin -74.27% 6.24% 13.55% 15.56% 18.19%
EPS 2 - 0.0800 0.2175 0.2975 0.4233
Free Cash Flow 1 - - 2,369 1,528 1,714
FCF margin - - 62.9% 34.24% 32.08%
FCF Conversion (EBITDA) - - 401.92% 170.8% 168.59%
FCF Conversion (Net income) - - 464.12% 220.07% 176.34%
Dividend per Share 2 - - 0.0500 0.0300 0.0800
Announcement Date 28/03/23 28/03/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2023 S1
Net sales -
EBITDA -
EBIT -
Operating Margin -
Earnings before Tax (EBT) -
Net income 1 81.48
Net margin -
EPS 2 0.0400
Dividend per Share -
Announcement Date 30/08/23
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2022 2023 2024 2025 2026
Net Debt - - - - -
Net Cash position - - - - -
Leverage (Debt/EBITDA) - - - - -
Free Cash Flow 1 - - 2,369 1,528 1,714
ROE (net income / shareholders' equity) - - 30.8% 30.1% 30.1%
ROA (Net income/ Total Assets) - - 19% 18.9% 21.5%
Assets 1 - - 2,691 3,671 4,511
Book Value Per Share 2 - - 0.8000 0.0600 1.490
Cash Flow per Share 2 - - 0.2600 0.4200 -
Capex 1 - - 61.7 72.8 75.5
Capex / Sales - - 1.64% 1.63% 1.41%
Announcement Date 28/03/23 28/03/24 - - -
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

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
8
Last Close Price
4.217 CNY
Average target price
5.24 CNY
Spread / Average Target
+24.28%
Consensus

Annual profits - Rate of surprise