End-of-day quote
Shanghai S.E.
23:00:00 29/04/2024 BST
|
5-day change
|
1st Jan Change
|
33.39
CNY
|
-4.46%
|
|
+4.84%
|
-4.60%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
27,521
|
44,591
|
47,945
|
35,103
|
28,700
|
27,379
|
-
|
-
|
Enterprise Value (EV)
1 |
25,994
|
43,084
|
45,821
|
32,365
|
26,775
|
23,497
|
22,712
|
21,276
|
P/E ratio
|
23.2
x
|
50.7
x
|
29.1
x
|
19.4
x
|
14.3
x
|
11.9
x
|
10.1
x
|
10.7
x
|
Yield
|
2.56%
|
1.16%
|
1.71%
|
2.6%
|
3.97%
|
4.45%
|
4.73%
|
4.16%
|
Capitalization / Revenue
|
2.48
x
|
3.52
x
|
2.61
x
|
1.95
x
|
1.49
x
|
1.25
x
|
1.08
x
|
1.1
x
|
EV / Revenue
|
2.34
x
|
3.4
x
|
2.5
x
|
1.8
x
|
1.39
x
|
1.07
x
|
0.89
x
|
0.85
x
|
EV / EBITDA
|
17.3
x
|
33.4
x
|
21.1
x
|
13.1
x
|
9.65
x
|
6.93
x
|
5.68
x
|
5.7
x
|
EV / FCF
|
-
|
39
x
|
121
x
|
34
x
|
116
x
|
16.8
x
|
12
x
|
-
|
FCF Yield
|
-
|
2.57%
|
0.83%
|
2.94%
|
0.86%
|
5.94%
|
8.35%
|
-
|
Price to Book
|
4.66
x
|
6.62
x
|
6.08
x
|
3.95
x
|
2.99
x
|
2.57
x
|
2.05
x
|
2.17
x
|
Nbr of stocks (in thousands)
|
782,356
|
822,135
|
807,791
|
821,892
|
819,990
|
819,990
|
-
|
-
|
Reference price
2 |
35.18
|
54.24
|
59.35
|
42.71
|
35.00
|
33.39
|
33.39
|
33.39
|
Announcement Date
|
22/04/20
|
29/04/21
|
21/04/22
|
28/04/23
|
29/04/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
11,094
|
12,666
|
18,342
|
18,010
|
19,212
|
21,926
|
25,440
|
24,979
|
EBITDA
1 |
1,499
|
1,289
|
2,170
|
2,464
|
2,774
|
3,389
|
3,998
|
3,735
|
EBIT
1 |
1,292
|
1,036
|
1,868
|
2,052
|
2,288
|
2,745
|
3,207
|
2,928
|
Operating Margin
|
11.65%
|
8.18%
|
10.18%
|
11.39%
|
11.91%
|
12.52%
|
12.61%
|
11.72%
|
Earnings before Tax (EBT)
1 |
1,522
|
1,195
|
2,068
|
2,296
|
2,440
|
2,739
|
3,393
|
3,109
|
Net income
1 |
1,161
|
845.5
|
1,664
|
1,812
|
2,006
|
2,311
|
2,736
|
2,556
|
Net margin
|
10.47%
|
6.68%
|
9.07%
|
10.06%
|
10.44%
|
10.54%
|
10.76%
|
10.23%
|
EPS
2 |
1.515
|
1.069
|
2.038
|
2.200
|
2.440
|
2.812
|
3.316
|
3.110
|
Free Cash Flow
1 |
-
|
1,106
|
378.2
|
952.7
|
230.7
|
1,397
|
1,897
|
-
|
FCF margin
|
-
|
8.73%
|
2.06%
|
5.29%
|
1.2%
|
6.37%
|
7.46%
|
-
|
FCF Conversion (EBITDA)
|
-
|
85.78%
|
17.43%
|
38.67%
|
8.32%
|
41.2%
|
47.45%
|
-
|
FCF Conversion (Net income)
|
-
|
130.78%
|
22.72%
|
52.58%
|
11.5%
|
60.42%
|
69.33%
|
-
|
Dividend per Share
2 |
0.9000
|
0.6308
|
1.015
|
1.110
|
1.390
|
1.487
|
1.579
|
1.390
|
Announcement Date
|
22/04/20
|
29/04/21
|
21/04/22
|
28/04/23
|
29/04/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S1
|
2021 Q3
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
---|
Net sales
|
5,010
|
5,209
|
5,117
|
4,540
|
4,476
|
4,746
|
4,248
|
3,954
|
4,924
|
5,258
|
5,076
|
4,350
|
5,404
|
5,678
|
-
|
-
|
EBITDA
|
-
|
627.8
|
454.8
|
-
|
458.1
|
636.6
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
-
|
602.4
|
382.7
|
506.7
|
375.6
|
648.2
|
390
|
422.6
|
644.1
|
682
|
539
|
476.3
|
775.5
|
933.2
|
-
|
-
|
Operating Margin
|
-
|
11.56%
|
7.48%
|
11.16%
|
8.39%
|
13.66%
|
9.18%
|
10.69%
|
13.08%
|
12.97%
|
10.62%
|
10.95%
|
14.35%
|
16.44%
|
-
|
-
|
Earnings before Tax (EBT)
|
-
|
611.1
|
463.7
|
-
|
586.9
|
666
|
470.4
|
-
|
664.3
|
716.5
|
562.2
|
-
|
-
|
-
|
-
|
-
|
Net income
|
558.7
|
465.4
|
426.6
|
-
|
447.6
|
512.3
|
408.9
|
-
|
523.4
|
577.6
|
504.9
|
-
|
-
|
-
|
-
|
-
|
Net margin
|
11.15%
|
8.93%
|
8.34%
|
-
|
10%
|
10.79%
|
9.63%
|
-
|
10.63%
|
10.99%
|
9.95%
|
-
|
-
|
-
|
-
|
-
|
EPS
2 |
-
|
0.5769
|
0.5231
|
0.5385
|
0.5415
|
0.6300
|
0.4900
|
0.4900
|
0.6300
|
0.7100
|
0.6100
|
0.5100
|
0.7300
|
0.8100
|
-
|
-
|
Dividend per Share
2 |
-
|
-
|
1.015
|
-
|
-
|
-
|
1.110
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
1.686
|
-
|
Announcement Date
|
14/08/19
|
27/10/21
|
21/04/22
|
21/04/22
|
15/08/22
|
27/10/22
|
28/04/23
|
28/04/23
|
30/08/23
|
30/10/23
|
29/04/24
|
30/04/24
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
1,527
|
1,507
|
2,125
|
2,738
|
1,925
|
3,882
|
4,668
|
6,103
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
-
|
1,106
|
378
|
953
|
231
|
1,397
|
1,897
|
-
|
ROE (net income / shareholders' equity)
|
21.9%
|
13.8%
|
23.2%
|
21.6%
|
21.9%
|
21%
|
20.8%
|
19.2%
|
ROA (Net income/ Total Assets)
|
10.2%
|
6.68%
|
11.5%
|
-
|
-
|
13.3%
|
12.3%
|
14%
|
Assets
1 |
11,380
|
12,649
|
14,488
|
-
|
-
|
17,370
|
22,267
|
18,226
|
Book Value Per Share
2 |
7.550
|
8.200
|
9.760
|
10.80
|
11.70
|
13.00
|
16.20
|
15.40
|
Cash Flow per Share
2 |
2.720
|
2.650
|
2.480
|
2.930
|
2.970
|
3.640
|
3.990
|
3.830
|
Capex
1 |
756
|
1,075
|
1,662
|
1,457
|
2,212
|
1,184
|
1,213
|
-
|
Capex / Sales
|
6.82%
|
8.49%
|
9.06%
|
8.09%
|
11.51%
|
5.4%
|
4.77%
|
-
|
Announcement Date
|
22/04/20
|
29/04/21
|
21/04/22
|
28/04/23
|
29/04/24
|
-
|
-
|
-
|
Last Close Price
33.39
CNY Average target price
45.63
CNY Spread / Average Target +36.66% Consensus |
1st Jan change
|
Capi.
|
---|
| -4.60% | 3.96B | | -1.79% | 8.85B | | +7.40% | 2.38B | | +13.28% | 1.88B | | -11.05% | 1.42B | | -27.09% | 1.19B | | +36.74% | 1.19B | | +10.11% | 992M | | -1.44% | 821M | | -10.86% | 788M |
Furniture
|