Financials Hongbo Co.,Ltd.

Equities

002229

CNE100000B65

Commercial Printing Services

End-of-day quote Shenzhen S.E. 23:00:00 08/05/2024 BST 5-day change 1st Jan Change
17.53 CNY -0.51% Intraday chart for Hongbo Co.,Ltd. -5.95% -36.94%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 3,645 3,319 3,153 3,171 3,280 13,711
Enterprise Value (EV) 1 2,975 2,584 2,349 2,470 2,639 13,440
P/E ratio 706 x 94.2 x 124 x 348 x -43.7 x -252 x
Yield 0.41% - - - - -
Capitalization / Revenue 5.17 x 5.3 x 6.65 x 5.52 x 6.01 x 22.1 x
EV / Revenue 4.22 x 4.12 x 4.96 x 4.3 x 4.84 x 21.7 x
EV / EBITDA 53.4 x 42.6 x 82.1 x 48.2 x -1,140 x 336 x
EV / FCF 43.8 x 358 x 18.2 x -102 x 2,719 x -66.6 x
FCF Yield 2.28% 0.28% 5.5% -0.98% 0.04% -1.5%
Price to Book 2.26 x 1.96 x 1.88 x 1.88 x 2.03 x 8.85 x
Nbr of stocks (in thousands) 501,336 498,344 493,361 493,189 493,189 493,189
Reference price 2 7.270 6.660 6.390 6.430 6.650 27.80
Announcement Date 29/03/19 27/04/20 16/04/21 07/04/22 03/04/23 29/04/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 705.6 626.6 473.8 574.4 545.6 619.8
EBITDA 1 55.77 60.64 28.61 51.2 -2.314 39.97
EBIT 1 -4.475 8.826 -21.46 8.041 -43.32 -9.911
Operating Margin -0.63% 1.41% -4.53% 1.4% -7.94% -1.6%
Earnings before Tax (EBT) 1 18.17 61.05 50.8 22.52 -45.27 -27.4
Net income 1 5.143 35.31 25.46 9.139 -75.07 -54.44
Net margin 0.73% 5.64% 5.37% 1.59% -13.76% -8.78%
EPS 2 0.0103 0.0707 0.0515 0.0185 -0.1522 -0.1104
Free Cash Flow 1 67.89 7.228 129.1 -24.25 0.9706 -201.7
FCF margin 9.62% 1.15% 27.26% -4.22% 0.18% -32.55%
FCF Conversion (EBITDA) 121.73% 11.92% 451.43% - - -
FCF Conversion (Net income) 1,319.96% 20.47% 507.3% - - -
Dividend per Share 2 0.0300 - - - - -
Announcement Date 29/03/19 27/04/20 16/04/21 07/04/22 03/04/23 29/04/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q1
Net sales -
EBITDA -
EBIT -
Operating Margin -
Earnings before Tax (EBT) -
Net income 1 -12.79
Net margin -
EPS 2 -0.0259
Dividend per Share -
Announcement Date 29/04/22
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 669 734 804 701 641 271
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 67.9 7.23 129 -24.2 0.97 -202
ROE (net income / shareholders' equity) 0.81% 2.81% 2.19% 1.18% -3.24% -1.56%
ROA (Net income/ Total Assets) -0.13% 0.26% -0.63% 0.22% -1.11% -0.22%
Assets 1 -3,841 13,675 -4,044 4,143 6,758 24,337
Book Value Per Share 2 3.220 3.390 3.410 3.420 3.270 3.140
Cash Flow per Share 2 1.650 1.660 1.880 2.110 2.220 1.690
Capex 1 49.9 26.6 7.37 7.98 51.9 245
Capex / Sales 7.06% 4.24% 1.56% 1.39% 9.51% 39.47%
Announcement Date 29/03/19 27/04/20 16/04/21 07/04/22 03/04/23 29/04/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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