Financials Rendong Holdings Co., Ltd.

Equities

002647

CNE1000019Z7

Business Support Services

End-of-day quote Shenzhen S.E. 23:00:00 09/05/2024 BST 5-day change 1st Jan Change
4.12 CNY -3.29% Intraday chart for Rendong Holdings Co., Ltd. -2.60% -40.55%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 8,085 9,373 6,299 5,409 3,768 3,880
Enterprise Value (EV) 1 8,242 8,979 5,625 4,705 1,930 1,981
P/E ratio 153 x 335 x -16.8 x -107 x -26.9 x -18.2 x
Yield 0.14% - - - - -
Capitalization / Revenue 5.44 x 5.12 x 2.96 x 3.13 x 2.27 x 2.16 x
EV / Revenue 5.55 x 4.9 x 2.64 x 2.72 x 1.17 x 1.1 x
EV / EBITDA 59.6 x 97 x -29.1 x 26.2 x 9.97 x 17.6 x
EV / FCF 17.6 x 8.09 x 12.2 x 82.4 x 1.69 x -108 x
FCF Yield 5.69% 12.4% 8.17% 1.21% 59.1% -0.93%
Price to Book 8.35 x 9.49 x 12.2 x 15.5 x 20.1 x 66.2 x
Nbr of stocks (in thousands) 559,937 559,937 559,937 559,937 559,937 559,937
Reference price 2 14.44 16.74 11.25 9.660 6.730 6.930
Announcement Date 24/04/19 27/04/20 28/04/21 29/04/22 29/04/23 29/04/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,486 1,831 2,130 1,728 1,657 1,800
EBITDA 1 138.3 92.56 -193.2 179.5 193.6 112.8
EBIT 1 134.8 89.48 -215.9 90.17 54.3 60.98
Operating Margin 9.07% 4.89% -10.13% 5.22% 3.28% 3.39%
Earnings before Tax (EBT) 1 87.13 54.29 -354.8 -26.72 -129.8 -203.1
Net income 1 52.99 29.9 -373.6 -52.38 -140.2 -215.3
Net margin 3.57% 1.63% -17.54% -3.03% -8.46% -11.96%
EPS 2 0.0946 0.0500 -0.6700 -0.0900 -0.2500 -0.3800
Free Cash Flow 1 469 1,110 459.6 57.13 1,141 -18.33
FCF margin 31.56% 60.62% 21.57% 3.31% 68.86% -1.02%
FCF Conversion (EBITDA) 339.14% 1,199.06% - 31.82% 589.29% -
FCF Conversion (Net income) 885.13% 3,711.94% - - - -
Dividend per Share 2 0.0200 - - - - -
Announcement Date 24/04/19 27/04/20 28/04/21 29/04/22 29/04/23 29/04/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 157 - - - - -
Net Cash position 1 - 394 675 704 1,838 1,900
Leverage (Debt/EBITDA) 1.134 x - - - - -
Free Cash Flow 1 469 1,110 460 57.1 1,141 -18.3
ROE (net income / shareholders' equity) 6.57% 3.22% -46.8% -10.9% -42.3% -120%
ROA (Net income/ Total Assets) 2.14% 1.3% -3.69% 1.53% 0.79% 0.82%
Assets 1 2,473 2,298 10,118 -3,425 -17,699 -26,111
Book Value Per Share 2 1.730 1.760 0.9200 0.6200 0.3300 0.1000
Cash Flow per Share 2 1.130 2.560 3.280 3.360 5.340 4.800
Capex 1 3.14 5.34 114 210 170 138
Capex / Sales 0.21% 0.29% 5.33% 12.13% 10.26% 7.69%
Announcement Date 24/04/19 27/04/20 28/04/21 29/04/22 29/04/23 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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