End-of-day quote
Shanghai S.E.
23:00:00 29/04/2024 BST
|
5-day change
|
1st Jan Change
|
13.75
CNY
|
-1.29%
|
|
+8.61%
|
-14.44%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
5,968
|
23,372
|
28,908
|
16,432
|
8,096
|
6,923
|
-
|
-
|
Enterprise Value (EV)
1 |
5,968
|
23,372
|
26,835
|
16,454
|
8,096
|
5,796
|
5,689
|
6,923
|
P/E ratio
|
310
x
|
394
x
|
170
x
|
119
x
|
128
x
|
47.3
x
|
34.1
x
|
27.6
x
|
Yield
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Capitalization / Revenue
|
3.42
x
|
8.21
x
|
6.46
x
|
3.4
x
|
2
x
|
1.51
x
|
1.3
x
|
1.18
x
|
EV / Revenue
|
3.42
x
|
8.21
x
|
5.99
x
|
3.41
x
|
2
x
|
1.27
x
|
1.07
x
|
1.18
x
|
EV / EBITDA
|
-
|
146
x
|
86.3
x
|
46.7
x
|
33.3
x
|
15
x
|
11.8
x
|
12.5
x
|
EV / FCF
|
-
|
-
|
-149,881,414
x
|
-23,114,242
x
|
-
|
-
|
-
|
-
|
FCF Yield
|
-
|
-
|
-0%
|
-0%
|
-
|
-
|
-
|
-
|
Price to Book
|
4.72
x
|
15.7
x
|
6.41
x
|
3.7
x
|
1.92
x
|
1.58
x
|
1.49
x
|
1.44
x
|
Nbr of stocks (in thousands)
|
409,357
|
409,309
|
516,210
|
516,075
|
503,792
|
503,500
|
-
|
-
|
Reference price
2 |
14.58
|
57.10
|
56.00
|
31.84
|
16.07
|
13.75
|
13.75
|
13.75
|
Announcement Date
|
29/04/20
|
28/04/21
|
24/03/22
|
22/03/23
|
25/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
1,744
|
2,847
|
4,478
|
4,830
|
4,049
|
4,576
|
5,323
|
5,869
|
EBITDA
1 |
-
|
159.9
|
310.9
|
352
|
243
|
386.7
|
483.3
|
554.7
|
EBIT
1 |
19.74
|
97.06
|
229.9
|
226.3
|
84.11
|
216.3
|
293.8
|
353.4
|
Operating Margin
|
1.13%
|
3.41%
|
5.13%
|
4.69%
|
2.08%
|
4.73%
|
5.52%
|
6.02%
|
Earnings before Tax (EBT)
1 |
22.54
|
95.28
|
232.5
|
235.8
|
83.78
|
208.9
|
299.1
|
358.5
|
Net income
1 |
19.23
|
59.26
|
154.4
|
135.4
|
63.44
|
149.2
|
207
|
256.7
|
Net margin
|
1.1%
|
2.08%
|
3.45%
|
2.8%
|
1.57%
|
3.26%
|
3.89%
|
4.37%
|
EPS
2 |
0.0470
|
0.1450
|
0.3300
|
0.2670
|
0.1260
|
0.2907
|
0.4030
|
0.4986
|
Free Cash Flow
|
-
|
-
|
-179
|
-711.8
|
-
|
-
|
-
|
-
|
FCF margin
|
-
|
-
|
-4%
|
-14.74%
|
-
|
-
|
-
|
-
|
FCF Conversion (EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
29/04/20
|
28/04/21
|
24/03/22
|
22/03/23
|
25/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 S1
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
---|
Net sales
|
-
|
1,334
|
1,286
|
1,308
|
1,235
|
1,000
|
1,023
|
1,043
|
1,009
|
-
|
-
|
-
|
EBITDA
|
-
|
28.13
|
107.6
|
85.87
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
|
-
|
54.31
|
107.6
|
84.91
|
11.75
|
22.08
|
40.02
|
-2.422
|
-
|
-
|
-
|
-
|
Operating Margin
|
-
|
4.07%
|
8.37%
|
6.49%
|
0.95%
|
2.21%
|
3.91%
|
-0.23%
|
-
|
-
|
-
|
-
|
Earnings before Tax (EBT)
|
-
|
-
|
-
|
-
|
-
|
-
|
42.69
|
-4.958
|
-13.43
|
-
|
-
|
-
|
Net income
|
111.8
|
-
|
-
|
-
|
-
|
-
|
24.2
|
4.365
|
5.312
|
-
|
-
|
-
|
Net margin
|
-
|
-
|
-
|
-
|
-
|
-
|
2.37%
|
0.42%
|
0.53%
|
-
|
-
|
-
|
EPS
|
0.2700
|
0.0100
|
0.1440
|
0.1200
|
0.0200
|
-0.0100
|
0.0480
|
0.008000
|
0.0100
|
-
|
-
|
-
|
Dividend per Share
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
10/08/21
|
24/03/22
|
18/04/22
|
17/08/22
|
28/10/22
|
22/03/23
|
25/04/23
|
28/08/23
|
27/10/23
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
21.7
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
-
|
-
|
2,073
|
-
|
-
|
1,127
|
1,235
|
-
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
0.0616
x
|
-
|
-
|
-
|
-
|
Free Cash Flow
|
-
|
-
|
-179
|
-712
|
-
|
-
|
-
|
-
|
ROE (net income / shareholders' equity)
|
1.54%
|
4.55%
|
4.97%
|
3.07%
|
1.43%
|
3.39%
|
4.26%
|
5.22%
|
ROA (Net income/ Total Assets)
|
0.75%
|
2.14%
|
3.16%
|
-
|
-
|
2.18%
|
3.18%
|
3.25%
|
Assets
1 |
2,567
|
2,768
|
4,894
|
-
|
-
|
6,859
|
6,519
|
7,900
|
Book Value Per Share
2 |
3.090
|
3.630
|
8.740
|
8.620
|
8.370
|
8.720
|
9.220
|
9.540
|
Cash Flow per Share
2 |
0.7100
|
0.6500
|
0.9300
|
-0.4000
|
0.5400
|
0.9000
|
0.8300
|
1.110
|
Capex
1 |
123
|
356
|
616
|
507
|
289
|
205
|
241
|
193
|
Capex / Sales
|
7.03%
|
12.51%
|
13.76%
|
10.5%
|
7.13%
|
4.49%
|
4.53%
|
3.28%
|
Announcement Date
|
29/04/20
|
28/04/21
|
24/03/22
|
22/03/23
|
25/03/24
|
-
|
-
|
-
|
Last Close Price
13.75
CNY Average target price
17.05
CNY Spread / Average Target +24.01% Consensus |
1st Jan change
|
Capi.
|
---|
| -14.44% | 957M | | +6.95% | 25.08B | | -20.19% | 8.44B | | -4.24% | 6.83B | | +9.10% | 6.35B | | -2.96% | 5.41B | | -0.33% | 5.37B | | +3.98% | 5.15B | | +23.61% | 4.59B | | -5.85% | 2.86B |
Dairy Products
|