Financials Jade Bird Fire Co., Ltd.

Equities

002960

CNE100003N68

Communications & Networking

End-of-day quote Shenzhen S.E. Other stock markets 23:00:00 16/05/2024 BST			5-day change	1st Jan Change
15.06 ^CNY	+2.73%		-0.59%	+8.82%

04-15	Tranche Update on Jade Bird Fire Co., Ltd.'s Equity Buyback Plan announced on February 7, 2024.	CI
04-12	Jade Bird Fire Co., Ltd.'s Equity Buyback announced on February 7, 2024, has closed with 14,723,590 shares, representing 2% for CNY 199.72 million.	CI

Valuation

Fiscal Period: December	2020	2021	2022	2023	2024	2025
Capitalization ¹	9,211	16,909	13,711	11,430	11,430	-
Enterprise Value (EV) ¹	9,211	16,909	13,711	10,491	11,430	11,430
P/E ratio	21.1 x	32.5 x	34 x	15.4 x	16 x	12.3 x
Yield	-	0.82%	0.77%	2.53%	1.33%	1.49%
Capitalization / Revenue	-	4.38 x	2.98 x	2.11 x	1.98 x	1.71 x
EV / Revenue	-	4.38 x	2.98 x	2.11 x	1.98 x	1.71 x
EV / EBITDA	-	25.6 x	18.4 x	12 x	11.8 x	9.93 x
EV / FCF	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-
Price to Book	-	4.75 x	3.81 x	1.68 x	1.69 x	1.54 x
Nbr of stocks (in thousands)	626,927	633,875	636,827	758,968	758,968	-
Reference price ²	14.69	26.68	21.53	15.06	15.06	15.06
Announcement Date	28/04/21	30/03/22	28/03/23	25/03/24	-	-

¹CNY in Million²CNY

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2020	2021	2022	2023	2024	2025
Net sales ¹	-	3,863	4,602	4,972	5,769	6,694
EBITDA ¹	-	660.2	746.4	874.6	970	1,152
EBIT ¹	-	627.8	686	798	864	1,105
Operating Margin	-	16.25%	14.91%	16.05%	14.98%	16.5%
Earnings before Tax (EBT) ¹	-	628.9	693.1	797.6	865	1,106
Net income ¹	430	529.8	569.6	658.9	715	916.8
Net margin	-	13.71%	12.38%	13.25%	12.39%	13.69%
EPS ²	0.6951	0.8196	0.6336	0.8973	0.9400	1.220
Free Cash Flow	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-
Dividend per Share ²	-	0.2198	0.1648	0.3500	0.2000	0.2250
Announcement Date	28/04/21	30/03/22	28/03/23	25/03/24	-	-

¹CNY in Million²CNY

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2024 Q1	2024 Q2	2024 Q3	2024 Q4
Net sales ¹	931	1,592	1,560	1,487
EBITDA	-	-	-	-
EBIT	-	-	-	-
Operating Margin	-	-	-	-
Earnings before Tax (EBT)	-	-	-	-
Net income	-	-	-	-
Net margin	-	-	-	-
EPS	-	-	-	-
Dividend per Share	-	-	-	-
Announcement Date	-	-	-	-

¹CNY in Million

Estimates

Balance Sheet Analysis

Fiscal Period: December	2020	2021	2022	2023	2024	2025
Net Debt	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-
Free Cash Flow	-	-	-	-	-	-
ROE (net income / shareholders' equity)	-	16%	14.4%	10.9%	10.1%	12.1%
ROA (Net income/ Total Assets)	-	12.6%	8.29%	8%	8.3%	8.93%
Assets ¹	-	4,220	6,872	8,921	8,614	10,262
Book Value Per Share ²	-	5.620	5.650	8.230	8.900	9.810
Cash Flow per Share ²	-	0.3000	0.4700	0.8300	0.7700	0.8100
Capex ¹	-	54.8	131	410	173	180
Capex / Sales	-	1.42%	2.86%	8.25%	3%	2.69%
Announcement Date	28/04/21	30/03/22	28/03/23	25/03/24	-	-

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

Ratings for Jade Bird Fire Co., Ltd.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

15.06 CNY

Average target price

23 CNY

Spread / Average Target

+52.72%

Consensus

EPS Revisions

Estimates Revisions

Quarterly revenue - Rate of surprise

Company calendar

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Security & Surveillance