GUANGDONG HIGHSUN GROUP CO.,LTD. Financials Guangdong Highsun Group Co.,Ltd.
Equities
000861
CNE000000X46
Real Estate Development & Operations
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 1.54 CNY | +0.65% |
|
+1.32% | -23.00% |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 5,647 | 5,519 | 6,710 | 7,566 | 5,646 | 5,018 |
| Enterprise Value (EV) 1 | 11,431 | 10,694 | 11,310 | 13,171 | 9,944 | 9,053 |
| P/E ratio | 50.2 x | 41.2 x | 203 x | -11.4 x | -13.4 x | -30.5 x |
| Yield | 0.66% | 0.4% | 0.34% | - | - | - |
| Capitalization / Revenue | 2.25 x | 2.27 x | 5.16 x | 6.2 x | 4.87 x | 5.38 x |
| EV / Revenue | 4.56 x | 4.39 x | 8.69 x | 10.8 x | 8.57 x | 9.71 x |
| EV / EBITDA | 19.6 x | 20.6 x | 32.5 x | -89.7 x | 394 x | 39.8 x |
| EV / FCF | -11.8 x | 155 x | 9.34 x | -7.14 x | 26.6 x | 18.4 x |
| FCF Yield | -8.51% | 0.65% | 10.7% | -14% | 3.75% | 5.42% |
| Price to Book | 1.6 x | 1.48 x | 1.71 x | 2.54 x | 1.73 x | 1.63 x |
| Nbr of stocks (in thousands) | 2,249,879 | 2,234,366 | 2,313,695 | 2,313,753 | 2,509,245 | 2,509,245 |
| Reference price 2 | 2.510 | 2.470 | 2.900 | 3.270 | 2.250 | 2.000 |
| Announcement Date | 28/04/19 | 27/04/20 | 28/04/21 | 28/04/22 | 25/04/23 | 25/04/24 |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 2,507 | 2,436 | 1,302 | 1,220 | 1,160 | 932.4 |
| EBITDA 1 | 583.5 | 519.7 | 347.6 | -146.9 | 25.22 | 227.5 |
| EBIT 1 | 508.9 | 445.5 | 275.5 | -267.7 | -69.43 | 140.6 |
| Operating Margin | 20.3% | 18.29% | 21.17% | -21.95% | -5.99% | 15.08% |
| Earnings before Tax (EBT) 1 | 327.5 | 280.1 | 115.4 | -716 | -378.9 | -181.5 |
| Net income 1 | 137.7 | 139.4 | 31.88 | -623.2 | -383.2 | -155.9 |
| Net margin | 5.49% | 5.72% | 2.45% | -51.1% | -33.03% | -16.72% |
| EPS 2 | 0.0500 | 0.0600 | 0.0143 | -0.2875 | -0.1682 | -0.0656 |
| Free Cash Flow 1 | -972.3 | 69.02 | 1,210 | -1,844 | 373.2 | 490.8 |
| FCF margin | -38.79% | 2.83% | 92.99% | -151.21% | 32.17% | 52.64% |
| FCF Conversion (EBITDA) | - | 13.28% | 348.17% | - | 1,480.08% | 215.74% |
| FCF Conversion (Net income) | - | 49.52% | 3,796.71% | - | - | - |
| Dividend per Share 2 | 0.0166 | 0.009966 | 0.0100 | - | - | - |
| Announcement Date | 28/04/19 | 27/04/20 | 28/04/21 | 28/04/22 | 25/04/23 | 25/04/24 |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 5,784 | 5,175 | 4,601 | 5,605 | 4,298 | 4,034 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 9.911 x | 9.958 x | 13.23 x | -38.16 x | 170.4 x | 17.73 x |
| Free Cash Flow 1 | -972 | 69 | 1,210 | -1,844 | 373 | 491 |
| ROE (net income / shareholders' equity) | 4.94% | 4.01% | 0.98% | -18.7% | -12.4% | -5.5% |
| ROA (Net income/ Total Assets) | 2.71% | 2.47% | 1.61% | -1.64% | -0.46% | 1.03% |
| Assets 1 | 5,079 | 5,648 | 1,980 | 37,948 | 83,315 | -15,182 |
| Book Value Per Share 2 | 1.570 | 1.660 | 1.690 | 1.290 | 1.300 | 1.230 |
| Cash Flow per Share 2 | 0.5300 | 0.2300 | 0.1400 | 0.0500 | 0.0600 | 0.0400 |
| Capex 1 | 671 | 325 | 235 | 430 | 64.9 | 60.7 |
| Capex / Sales | 26.76% | 13.35% | 18.08% | 35.26% | 5.6% | 6.51% |
| Announcement Date | 28/04/19 | 27/04/20 | 28/04/21 | 28/04/22 | 25/04/23 | 25/04/24 |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| -23.00% | 534M | |
| +6.02% | 10.72B | |
| +30.83% | 6.39B | |
| +18.18% | 3.14B | |
| +14.73% | 3.04B | |
| -16.78% | 2.68B | |
| +0.99% | 2.65B | |
| -10.30% | 2.57B | |
| -9.39% | 2.42B | |
| -19.51% | 2.3B |
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- 000861 Stock
- Financials Guangdong Highsun Group Co.,Ltd.
