Financials Tungkong Inc.

Equities

002117

CNE000001R35

Commercial Printing Services

End-of-day quote Shenzhen S.E. 23:00:00 25/04/2024 BST 5-day change 1st Jan Change
8.01 CNY +1.26% Intraday chart for Tungkong Inc. +1.26% -6.32%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 6,794 4,747 4,545 4,147 4,665 4,240 -
Enterprise Value (EV) 1 6,794 4,747 4,545 4,147 4,665 4,240 4,240
P/E ratio 25.4 x 28.6 x 24.4 x 30.8 x 28.6 x 23.6 x 21.6 x
Yield 3.21% 4.6% 3.6% 2.89% 3.04% 3.75% 4%
Capitalization / Revenue 4.54 x 4.02 x 3.78 x 3.89 x 3.89 x 3.21 x 2.95 x
EV / Revenue 4.54 x 4.02 x 3.78 x 3.89 x 3.89 x 3.21 x 2.95 x
EV / EBITDA 17.2 x 17.8 x 15.4 x 19.1 x 18.7 x 14.9 x 13.8 x
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Price to Book 4.15 x 3 x 2.9 x 2.7 x 2.98 x 2.72 x 2.65 x
Nbr of stocks (in thousands) 545,666 545,666 545,666 545,666 545,666 529,290 -
Reference price 2 12.45 8.700 8.330 7.600 8.550 8.010 8.010
Announcement Date 27/02/20 21/02/21 08/04/22 31/03/23 25/03/24 - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net sales 1 1,496 1,181 1,201 1,065 1,201 1,321 1,435
EBITDA 1 395.6 266.9 294.7 216.6 249.3 284 308
EBIT 1 312.5 187.8 223.7 150.8 186.5 211 228
Operating Margin 20.9% 15.91% 18.62% 14.16% 15.54% 15.97% 15.89%
Earnings before Tax (EBT) 1 312.9 185.6 221.7 150.5 181.2 206 223
Net income 1 266.7 165.9 186.5 134.6 163.3 185 201
Net margin 17.83% 14.05% 15.53% 12.64% 13.6% 14% 14.01%
EPS 2 0.4900 0.3040 0.3418 0.2467 0.2993 0.3400 0.3700
Free Cash Flow - - - - - - -
FCF margin - - - - - - -
FCF Conversion (EBITDA) - - - - - - -
FCF Conversion (Net income) - - - - - - -
Dividend per Share 2 0.4000 0.4000 0.3000 0.2200 0.2600 0.3000 0.3200
Announcement Date 27/02/20 21/02/21 08/04/22 31/03/23 25/03/24 - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow - - - - - - -
ROE (net income / shareholders' equity) 16.6% 10.4% 12.1% 8.75% 10.6% 11.7% 12.3%
ROA (Net income/ Total Assets) 11.5% 7.18% 8.29% 6.05% - 8.1% 8.3%
Assets 1 2,324 2,312 2,250 2,227 - 2,284 2,422
Book Value Per Share 2 3.000 2.900 2.870 2.820 2.870 2.950 3.020
Cash Flow per Share 2 0.7800 0.4800 0.3500 0.2900 0.3700 0.6000 0.5300
Capex 1 89.5 32.7 43.6 43.5 27.2 58 58
Capex / Sales 5.98% 2.77% 3.63% 4.09% 2.27% 4.39% 4.04%
Announcement Date 27/02/20 21/02/21 08/04/22 31/03/23 25/03/24 - -
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
BUY
Number of Analysts
1
Last Close Price
8.01 CNY
Average target price
10 CNY
Spread / Average Target
+24.84%
Consensus

Annual profits - Rate of surprise

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