End-of-day quote
Shanghai S.E.
23:00:00 29/04/2024 BST
|
5-day change
|
1st Jan Change
|
18.51
CNY
|
-3.09%
|
|
+3.47%
|
-11.56%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
37,059
|
55,763
|
111,525
|
72,170
|
44,748
|
39,393
|
-
|
-
|
Enterprise Value (EV)
1 |
37,959
|
52,095
|
109,932
|
72,762
|
45,276
|
37,106
|
36,468
|
39,393
|
P/E ratio
|
56.8
x
|
73.9
x
|
63.7
x
|
23.3
x
|
22.3
x
|
14.8
x
|
11.9
x
|
11
x
|
Yield
|
0.53%
|
0.36%
|
0.31%
|
0.66%
|
0.67%
|
1.32%
|
1.67%
|
1.59%
|
Capitalization / Revenue
|
7.72
x
|
10.6
x
|
12.4
x
|
4.67
x
|
2.92
x
|
2.11
x
|
1.69
x
|
1.58
x
|
EV / Revenue
|
7.91
x
|
9.87
x
|
12.2
x
|
4.71
x
|
2.95
x
|
1.99
x
|
1.57
x
|
1.58
x
|
EV / EBITDA
|
42.7
x
|
50.6
x
|
45.7
x
|
17.1
x
|
14.6
x
|
8.17
x
|
6.52
x
|
6.44
x
|
EV / FCF
|
-68
x
|
-931
x
|
-117
x
|
-45.7
x
|
-16
x
|
113
x
|
44
x
|
-
|
FCF Yield
|
-1.47%
|
-0.11%
|
-0.85%
|
-2.19%
|
-6.27%
|
0.88%
|
2.27%
|
-
|
Price to Book
|
10.9
x
|
6.25
x
|
10.6
x
|
5.36
x
|
2.52
x
|
2.06
x
|
1.78
x
|
1.52
x
|
Nbr of stocks (in thousands)
|
1,766,988
|
2,014,397
|
2,013,712
|
2,016,703
|
2,137,996
|
2,128,222
|
-
|
-
|
Reference price
2 |
20.97
|
27.68
|
55.38
|
35.79
|
20.93
|
18.51
|
18.51
|
18.51
|
Announcement Date
|
26/03/20
|
15/03/21
|
28/03/22
|
27/03/23
|
12/04/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
4,799
|
5,281
|
8,996
|
15,464
|
15,340
|
18,685
|
23,275
|
24,996
|
EBITDA
1 |
888.8
|
1,029
|
2,405
|
4,254
|
3,109
|
4,540
|
5,589
|
6,116
|
EBIT
1 |
764.7
|
826
|
2,036
|
3,684
|
2,364
|
3,475
|
4,267
|
4,580
|
Operating Margin
|
15.94%
|
15.64%
|
22.64%
|
23.82%
|
15.41%
|
18.6%
|
18.33%
|
18.32%
|
Earnings before Tax (EBT)
1 |
768.8
|
815.5
|
2,029
|
3,671
|
2,351
|
3,330
|
4,033
|
4,500
|
Net income
1 |
651.1
|
667.6
|
1,749
|
3,104
|
1,912
|
2,744
|
3,330
|
3,739
|
Net margin
|
13.57%
|
12.64%
|
19.44%
|
20.08%
|
12.46%
|
14.69%
|
14.31%
|
14.96%
|
EPS
2 |
0.3695
|
0.3744
|
0.8690
|
1.538
|
0.9400
|
1.248
|
1.554
|
1.677
|
Free Cash Flow
1 |
-558.4
|
-55.98
|
-936.2
|
-1,594
|
-2,837
|
328
|
829.5
|
-
|
FCF margin
|
-11.64%
|
-1.06%
|
-10.41%
|
-10.31%
|
-18.5%
|
1.76%
|
3.56%
|
-
|
FCF Conversion (EBITDA)
|
-
|
-
|
-
|
-
|
-
|
7.22%
|
14.84%
|
-
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
-
|
-
|
11.95%
|
24.91%
|
-
|
Dividend per Share
2 |
0.1108
|
0.1010
|
0.1738
|
0.2345
|
0.1400
|
0.2444
|
0.3084
|
0.2952
|
Announcement Date
|
26/03/20
|
15/03/21
|
28/03/22
|
27/03/23
|
12/04/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
---|
Net sales
1 |
2,701
|
3,131
|
3,764
|
-
|
4,519
|
4,050
|
3,699
|
4,107
|
3,882
|
3,653
|
4,846
|
4,932
|
5,061
|
-
|
-
|
EBITDA
1 |
547
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
874.8
|
1,040
|
1,152
|
-
|
-
|
EBIT
1 |
568.2
|
789.9
|
958.8
|
-
|
1,023
|
911.8
|
891.4
|
734.7
|
808.9
|
331.4
|
795.3
|
877.7
|
933.7
|
-
|
-
|
Operating Margin
|
21.04%
|
25.23%
|
25.47%
|
-
|
22.64%
|
22.51%
|
24.1%
|
17.89%
|
20.84%
|
9.07%
|
16.41%
|
17.79%
|
18.45%
|
-
|
-
|
Earnings before Tax (EBT)
1 |
565.6
|
792.5
|
957.2
|
-
|
1,023
|
898.6
|
-
|
735.5
|
407.5
|
320.6
|
745.3
|
859.7
|
971.7
|
-
|
-
|
Net income
1 |
517.8
|
636.6
|
759.2
|
1,396
|
877.5
|
831.1
|
-
|
602.4
|
324.5
|
282.7
|
627.8
|
729.1
|
830
|
-
|
-
|
Net margin
|
19.17%
|
20.34%
|
20.17%
|
-
|
19.42%
|
20.52%
|
-
|
14.67%
|
8.36%
|
7.74%
|
12.95%
|
14.78%
|
16.4%
|
-
|
-
|
EPS
2 |
0.2586
|
0.3172
|
0.3793
|
-
|
0.4345
|
0.4069
|
0.3448
|
0.3052
|
0.1600
|
0.1300
|
0.3168
|
0.3405
|
0.3641
|
-
|
-
|
Dividend per Share
2 |
0.1738
|
-
|
-
|
-
|
-
|
0.2345
|
-
|
-
|
-
|
-
|
-
|
-
|
0.2462
|
-
|
-
|
Announcement Date
|
28/03/22
|
11/04/22
|
27/07/22
|
27/07/22
|
14/10/22
|
27/03/23
|
14/04/23
|
30/08/23
|
27/10/23
|
12/04/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
900
|
-
|
-
|
591
|
528
|
-
|
-
|
-
|
Net Cash position
1 |
-
|
3,668
|
1,593
|
-
|
-
|
2,287
|
2,925
|
-
|
Leverage (Debt/EBITDA)
|
1.013
x
|
-
|
-
|
0.139
x
|
0.1699
x
|
-
|
-
|
-
|
Free Cash Flow
1 |
-558
|
-56
|
-936
|
-1,594
|
-2,837
|
328
|
830
|
-
|
ROE (net income / shareholders' equity)
|
20.8%
|
15.9%
|
17.2%
|
26%
|
13.3%
|
15.3%
|
16.2%
|
14.9%
|
ROA (Net income/ Total Assets)
|
8.8%
|
5.9%
|
9.24%
|
10.9%
|
-
|
7.2%
|
7.16%
|
-
|
Assets
1 |
7,396
|
11,308
|
18,928
|
28,574
|
-
|
38,092
|
46,538
|
-
|
Book Value Per Share
2 |
1.930
|
4.430
|
5.210
|
6.670
|
8.310
|
8.980
|
10.40
|
12.20
|
Cash Flow per Share
2 |
0.2800
|
0.3400
|
0.8600
|
0.6100
|
0.5200
|
1.580
|
2.290
|
1.810
|
Capex
1 |
1,049
|
750
|
2,661
|
2,817
|
3,955
|
3,148
|
2,726
|
2,776
|
Capex / Sales
|
21.86%
|
14.19%
|
29.58%
|
18.22%
|
25.78%
|
16.85%
|
11.71%
|
11.11%
|
Announcement Date
|
26/03/20
|
15/03/21
|
28/03/22
|
27/03/23
|
12/04/24
|
-
|
-
|
-
|
Last Close Price
18.51
CNY Average target price
23.9
CNY Spread / Average Target +29.10% Consensus |