Financials Red Star Macalline Group Corporation Ltd. Shanghai S.E.

Equities

601828

CNE100002RX7

Home Improvement Products & Services Retailers

End-of-day quote Shanghai S.E. 23:00:00 29/04/2024 BST 5-day change 1st Jan Change
3.16 CNY -3.36% Intraday chart for Red Star Macalline Group Corporation Ltd. +4.98% -18.35%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 36,516 29,786 34,093 18,552 15,454 12,486 - -
Enterprise Value (EV) 1 64,991 65,266 63,984 47,931 47,593 41,277 37,604 35,425
P/E ratio 4.64 x - - 13 x - 20.6 x 14.4 x 7.6 x
Yield 4.33% - 3.29% 1.54% - - 3.06% -
Capitalization / Revenue 2.22 x 2.09 x 2.2 x 1.31 x 1.34 x 1.12 x 1.1 x 1.08 x
EV / Revenue 3.95 x 4.58 x 4.12 x 3.39 x 4.13 x 3.69 x 3.32 x 3.08 x
EV / EBITDA 10.1 x 12.9 x 13.3 x 23.6 x -31 x 11.4 x 10 x 8.97 x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 0.27 x - - 0.18 x - 0.13 x 0.13 x 0.12 x
Nbr of stocks (in thousands) 3,905,003 3,905,000 4,354,733 4,353,688 4,353,688 4,353,688 - -
Reference price 2 5.313 3.964 3.039 2.208 1.963 1.445 1.445 1.445
Announcement Date 30/03/20 30/03/21 30/03/22 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 16,469 14,236 15,513 14,138 11,515 11,184 11,343 11,515
EBITDA 1 6,457 5,067 4,798 2,033 -1,537 3,605 3,748 3,951
EBIT 1 6,197 2,946 2,862 1,679 -1,866 520.5 1,268 1,552
Operating Margin 37.63% 20.69% 18.45% 11.87% -16.2% 4.65% 11.18% 13.48%
Earnings before Tax (EBT) 1 6,203 2,814 2,802 1,652 -2,540 508.6 562.1 860.9
Net income 1 4,480 1,731 2,047 748.7 -2,216 318.7 342.5 549.8
Net margin 27.2% 12.16% 13.2% 5.3% -19.25% 2.85% 3.02% 4.77%
EPS 2 1.145 - - 0.1700 - 0.0700 0.1000 0.1900
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 0.2300 - 0.1000 0.0340 - - 0.0442 -
Announcement Date 30/03/20 30/03/21 30/03/22 30/03/23 28/03/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2019 S2 2020 S1 2020 S2 2021 S1 2021 S2 2022 S1 2022 S2 2023 S1 2023 S2 2024 S1 2024 S2 2025 S1 2025 S2
Net sales 1 8,712 6,024 8,212 7,503 8,010 6,957 7,182 5,660 5,855 4,422 5,405 4,418 5,400
EBITDA - - - - - - - - - - - - -
EBIT 1 - - - 2,520 342.4 1,751 -71.93 347.7 -2,214 1,206 1,474 1,312 1,604
Operating Margin - - - 33.59% 4.27% 25.16% -1% 6.14% -37.81% 27.27% 27.27% 29.7% 29.7%
Earnings before Tax (EBT) - - - - - - - - - - - - -
Net income - - - - - - - - - - - - -
Net margin - - - - - - - - - - - - -
EPS - - - - - - - - - - - - -
Dividend per Share - - - - - - - - - - - - -
Announcement Date 30/03/20 27/08/20 30/03/21 25/08/21 30/03/22 30/08/22 30/03/23 30/08/23 28/03/24 - - - -
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 28,475 35,480 29,892 29,379 32,140 28,791 25,118 22,939
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 4.41 x 7.002 x 6.23 x 14.45 x -20.91 x 7.985 x 6.702 x 5.806 x
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 10.3% 3.72% 4.03% 1.39% -4.37% 0.66% 0.69% 1.11%
ROA (Net income/ Total Assets) 3.84% 1.36% 1.54% 0.56% - 0.34% 0.39% 0.57%
Assets 1 116,577 126,875 133,364 133,055 - 95,137 87,814 96,455
Book Value Per Share 2 20.00 - - 12.50 - 11.50 11.50 11.70
Cash Flow per Share 2 1.790 - - 0.8800 - 0.4700 1.360 0.4000
Capex 1 4,309 2,885 2,366 1,039 195 307 333 324
Capex / Sales 26.16% 20.26% 15.25% 7.35% 1.7% 2.75% 2.94% 2.82%
Announcement Date 30/03/20 30/03/21 30/03/22 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
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
4
Last Close Price
1.445 CNY
Average target price
1.824 CNY
Spread / Average Target
+26.25%
Consensus

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Equities
  3. 1528 Stock
  4. 601828 Stock
  5. Financials Red Star Macalline Group Corporation Ltd.