Financials Joinn Laboratories(China)Co.,Ltd.

Equities

603127

CNE100002W27

Biotechnology & Medical Research

End-of-day quote Shanghai S.E. 23:00:00 08/05/2024 BST 5-day change 1st Jan Change
18.17 CNY +0.94% Intraday chart for Joinn Laboratories(China)Co.,Ltd. +10.86% -23.37%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 9,347 23,453 40,246 29,328 16,313 12,511 - -
Enterprise Value (EV) 1 9,347 23,453 36,161 26,442 13,478 9,246 8,918 8,653
P/E ratio 52.5 x 74.2 x 77 x 29.2 x 44.7 x 48.8 x 20.7 x 19.8 x
Yield 0.59% - 0.31% 0.68% 0.67% 0.16% 1.09% 1.38%
Capitalization / Revenue 14.6 x - 26.5 x 12.9 x 6.86 x 5.31 x 4.46 x 4.57 x
EV / Revenue 14.6 x - 23.8 x 11.7 x 5.67 x 3.93 x 3.18 x 3.16 x
EV / EBITDA - - 71 x 19.8 x 21.5 x 17.1 x 10.1 x 8.1 x
EV / FCF - - 80.8 x 38 x 31.3 x 12.4 x 22.5 x 21.8 x
FCF Yield - - 1.24% 2.63% 3.19% 8.1% 4.44% 4.58%
Price to Book 11.3 x - 6.16 x 3.82 x 2.15 x 1.59 x 1.46 x 1.41 x
Nbr of stocks (in thousands) 621,252 624,136 747,243 749,950 746,974 746,974 - -
Reference price 2 15.05 37.58 58.89 41.72 23.71 18.17 18.17 18.17
Announcement Date 12/04/20 29/03/21 24/02/22 30/03/23 28/03/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 639.4 - 1,517 2,268 2,376 2,354 2,802 2,739
EBITDA 1 - - 509.1 1,333 626.1 540.8 883.6 1,068
EBIT 1 206.1 - 407.6 1,226 507.1 359.5 656.8 789.9
Operating Margin 32.24% - 26.88% 54.04% 21.34% 15.27% 23.44% 28.84%
Earnings before Tax (EBT) 1 205.9 - 642 1,240 507 45.75 707.2 827.4
Net income 1 178.4 315 557.5 1,074 397 26.18 597.9 693.8
Net margin 27.9% - 36.76% 47.37% 16.71% 1.11% 21.34% 25.33%
EPS 2 0.2863 0.5066 0.7653 1.429 0.5300 0.3721 0.8765 0.9155
Free Cash Flow 1 - - 447.4 696.3 430.3 748.6 396.4 396.1
FCF margin - - 29.5% 30.7% 18.11% 31.8% 14.14% 14.46%
FCF Conversion (EBITDA) - - 87.88% 52.25% 68.73% 138.43% 44.86% 37.09%
FCF Conversion (Net income) - - 80.26% 64.82% 108.39% 2,859.41% 66.29% 57.08%
Dividend per Share 2 0.0885 - 0.1837 0.2857 0.1600 0.0284 0.1973 0.2512
Announcement Date 12/04/20 29/03/21 24/02/22 30/03/23 28/03/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2022 S2 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 - - 499.5 991.6 1,491 369.4 642.7 575 789.4 324.8 609.1 602.4 831.9 - -
EBITDA - - 168.6 - - - - - - - - - - - -
EBIT 1 - - 297.1 507.9 805 214.4 - 275.2 115 - 139.6 126.9 175.2 - -
Operating Margin - - 59.48% 51.22% 53.99% 58.03% - 47.87% 14.57% - 22.92% 21.06% 21.06% - -
Earnings before Tax (EBT) - - - 507.8 804.9 214.3 -97.39 275 115 - - - - - -
Net income 125.3 245.8 260.9 442.2 703.1 187.8 -97.13 237 69.39 - - - - - -
Net margin - - 52.23% 44.6% 47.16% 50.83% -15.11% 41.21% 8.79% - - - - - -
EPS 2 0.1684 - 0.3500 0.5857 - 0.2500 -0.0800 0.3200 0.0900 -0.3600 0.1000 0.0800 0.1000 - -
Dividend per Share 2 - - - - - - - - - - - - 0.0284 - -
Announcement Date 28/04/22 30/08/22 28/10/22 30/03/23 30/03/23 27/04/23 30/08/23 30/10/23 28/03/24 29/04/24 - - - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 - - 4,085 2,886 2,835 3,264 3,593 3,858
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 - - 447 696 430 749 396 396
ROE (net income / shareholders' equity) 24.4% 30.8% 13.3% 14% 4.82% 0.29% 6.55% 7.61%
ROA (Net income/ Total Assets) 13.9% - 10.4% 11.4% - 4.16% 5.01% 5.21%
Assets 1 1,280 - 5,355 9,451 - 630 11,928 13,312
Book Value Per Share 2 1.330 - 9.560 10.90 11.00 11.40 12.40 12.90
Cash Flow per Share 2 0.2400 - 0.9400 1.290 0.8300 1.040 0.8500 1.190
Capex 1 127 - 237 275 193 246 226 236
Capex / Sales 19.83% - 15.64% 12.11% 8.1% 10.45% 8.07% 8.6%
Announcement Date 12/04/20 29/03/21 24/02/22 30/03/23 28/03/24 - - -
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
B
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
13
Last Close Price
18.17 CNY
Average target price
18.66 CNY
Spread / Average Target
+2.68%
Consensus
  1. Stock Market
  2. Equities
  3. 603127 Stock
  4. Financials Joinn Laboratories(China)Co.,Ltd.