FUJIAN SUNNER DEVELOPMENT CO., LTD. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 15.66 CNY | +0.32% |
|
-2.31% | -8.85% |
| 04-26 | Sunner Development Swings to Loss in Q1 2024; Shares Drop 3% | MT |
| 04-25 | Fujian Sunner Development Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 29,847 | 33,019 | 30,077 | 29,465 | 21,362 | 19,472 | - | - |
| Enterprise Value (EV) 1 | 29,847 | 34,662 | 33,169 | 33,824 | 28,131 | 23,575 | 23,043 | 19,472 |
| P/E ratio | 7.29 x | 16.2 x | 66.9 x | 71.3 x | 32 x | 10.3 x | 9.72 x | 11.9 x |
| Yield | 6.23% | 3.77% | 1.24% | 0.84% | 1.75% | 3.4% | 3.03% | 3.26% |
| Capitalization / Revenue | 2.05 x | 2.4 x | 2.08 x | 1.75 x | 1.16 x | 0.9 x | 0.82 x | 0.77 x |
| EV / Revenue | 2.05 x | 2.52 x | 2.29 x | 2.01 x | 1.52 x | 1.09 x | 0.97 x | 0.77 x |
| EV / EBITDA | 5.81 x | 11.1 x | 21 x | 20.2 x | 13.6 x | 6.77 x | 5.57 x | 4.71 x |
| EV / FCF | - | - | - | - | 33.6 x | 10.3 x | 12.7 x | - |
| FCF Yield | - | - | - | - | 2.98% | 9.73% | 7.88% | - |
| Price to Book | 2.83 x | 3.47 x | 3.03 x | 2.97 x | 2.07 x | 1.69 x | 1.51 x | 1.36 x |
| Nbr of stocks (in thousands) | 1,239,481 | 1,244,125 | 1,244,406 | 1,243,753 | 1,243,400 | 1,243,400 | - | - |
| Reference price 2 | 24.08 | 26.54 | 24.17 | 23.69 | 17.18 | 15.66 | 15.66 | 15.66 |
| Announcement Date | 28/02/20 | 09/04/21 | 20/04/22 | 28/03/23 | 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 | 14,558 | 13,745 | 14,478 | 16,817 | 18,487 | 21,602 | 23,663 | 25,167 |
| EBITDA 1 | 5,136 | 3,134 | 1,576 | 1,677 | 2,067 | 3,482 | 4,134 | 4,136 |
| EBIT 1 | 4,265 | 2,168 | 524.7 | 488 | 759.4 | 1,959 | 2,248 | 2,194 |
| Operating Margin | 29.29% | 15.78% | 3.62% | 2.9% | 4.11% | 9.07% | 9.5% | 8.72% |
| Earnings before Tax (EBT) 1 | 4,197 | 2,117 | 511.5 | 470.8 | 700.4 | 1,941 | 2,196 | 1,825 |
| Net income 1 | 4,093 | 2,041 | 448.2 | 410.9 | 664.3 | 1,898 | 2,003 | 1,641 |
| Net margin | 28.11% | 14.85% | 3.1% | 2.44% | 3.59% | 8.78% | 8.46% | 6.52% |
| EPS 2 | 3.302 | 1.643 | 0.3614 | 0.3321 | 0.5368 | 1.525 | 1.611 | 1.320 |
| Free Cash Flow 1 | - | - | - | - | 838.2 | 2,293 | 1,815 | - |
| FCF margin | - | - | - | - | 4.53% | 10.61% | 7.67% | - |
| FCF Conversion (EBITDA) | - | - | - | - | 40.56% | 65.85% | 43.9% | - |
| FCF Conversion (Net income) | - | - | - | - | 126.18% | 120.84% | 90.63% | - |
| Dividend per Share 2 | 1.500 | 1.000 | 0.3000 | 0.2000 | 0.3000 | 0.5330 | 0.4738 | 0.5100 |
| Announcement Date | 28/02/20 | 09/04/21 | 20/04/22 | 28/03/23 | 27/03/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2022 Q1 | 2022 Q2 | 2022 S1 | 2022 Q3 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales | - | 4,148 | - | 4,825 | 4,537 | 4,543 | 4,847 | 4,560 | - | - | - |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - |
| EBIT | - | -6.57 | - | 313 | 115.7 | 350.5 | 367 | - | - | - | - |
| Operating Margin | - | -0.16% | - | 6.49% | 2.55% | 7.71% | 7.57% | - | - | - | - |
| Earnings before Tax (EBT) | - | - | - | 306.3 | 100.8 | 341 | 340.8 | - | - | - | - |
| Net income | - | -33.46 | -98.8 | 291 | 89.45 | 337 | 313.2 | -75.28 | - | - | - |
| Net margin | - | -0.81% | - | 6.03% | 1.97% | 7.42% | 6.46% | -1.65% | - | - | - |
| EPS | - | -0.0300 | - | 0.2300 | 0.0725 | 0.2727 | 0.2500 | -0.0600 | - | - | - |
| Dividend per Share 1 | - | - | - | - | - | - | - | - | - | - | 0.7861 |
| Announcement Date | 23/05/22 | 23/08/22 | 23/08/22 | 26/10/22 | 28/04/23 | 04/08/23 | 24/10/23 | 27/03/24 | - | - | - |
1CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | 1,643 | 3,092 | 4,359 | 6,770 | 4,103 | 3,572 | - |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | 0.5244 x | 1.961 x | 2.6 x | 3.276 x | 1.178 x | 0.864 x | - |
| Free Cash Flow 1 | - | - | - | - | 838 | 2,293 | 1,815 | - |
| ROE (net income / shareholders' equity) | 45.8% | 20.7% | 4.61% | 4.15% | 6.58% | 16.3% | 15.5% | 12.9% |
| ROA (Net income/ Total Assets) | 27.3% | 13.5% | 2.8% | - | - | 6.17% | 6.5% | 4.7% |
| Assets 1 | 14,967 | 15,086 | 15,986 | - | - | 30,770 | 30,810 | 34,922 |
| Book Value Per Share 2 | 8.520 | 7.650 | 7.970 | 7.990 | 8.290 | 9.290 | 10.40 | 11.50 |
| Cash Flow per Share 2 | 3.910 | 2.600 | 1.480 | 1.080 | 1.840 | 1.760 | 3.220 | 2.190 |
| Capex 1 | 1,394 | 1,220 | 1,751 | 1,448 | 1,453 | 1,998 | 2,045 | 1,647 |
| Capex / Sales | 9.58% | 8.88% | 12.09% | 8.61% | 7.86% | 9.25% | 8.64% | 6.55% |
| Announcement Date | 28/02/20 | 09/04/21 | 20/04/22 | 28/03/23 | 27/03/24 | - | - | - |
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
D+
Sell
Buy
Mean consensus
BUY
Number of Analysts
9
Last Close Price
15.66
CNY
Average target price
22.36
CNY
Spread / Average Target
+42.77%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -8.85% | 2.69B | |
| +1.07% | 2.58B | |
| +4.15% | 2.5B | |
| -8.92% | 1.5B | |
| -32.50% | 951M | |
| -6.31% | 898M | |
| -26.05% | 518M | |
| -17.02% | 484M | |
| +6.51% | 359M | |
| -30.25% | 234M |
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- Financials Fujian Sunner Development Co., Ltd.
