Financials Wens Foodstuff Group Co., Ltd.

Equities

300498

CNE100002508

Fishing & Farming

End-of-day quote Shenzhen S.E. 23:00:00 04/07/2024 BST 5-day change 1st Jan Change
19.81 CNY +0.10% Intraday chart for Wens Foodstuff Group Co., Ltd. -0.05% -1.25%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 178,488 116,188 122,336 128,658 133,440 131,794 - -
Enterprise Value (EV) 1 184,119 133,799 153,581 153,989 155,730 149,500 142,120 148,286
P/E ratio 12.7 x 15.5 x -9.13 x 24.2 x -20.8 x 22 x 9.82 x 10.8 x
Yield 2.98% 1.1% - 1.02% 0.5% 1.16% 2.7% 1.91%
Capitalization / Revenue 2.44 x 1.55 x 1.88 x 1.54 x 1.48 x 1.22 x 1.03 x 0.99 x
EV / Revenue 2.52 x 1.79 x 2.36 x 1.84 x 1.73 x 1.38 x 1.11 x 1.11 x
EV / EBITDA 10.3 x 11.3 x -19.6 x 14.1 x 1,007 x 13 x 7 x 8.01 x
EV / FCF - - - 33 x 116 x 48.6 x 38.5 x 11.3 x
FCF Yield - - - 3.03% 0.86% 2.06% 2.6% 8.86%
Price to Book 3.96 x 2.54 x 3.88 x 3.31 x 4.14 x 3.45 x 2.68 x 2.36 x
Nbr of stocks (in thousands) 6,374,575 6,373,464 6,351,792 6,554,141 6,652,031 6,652,916 - -
Reference price 2 28.00 18.23 19.26 19.63 20.06 19.81 19.81 19.81
Announcement Date 24/02/20 19/02/21 23/02/22 20/02/23 27/02/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 73,120 74,924 64,954 83,708 89,918 108,119 127,557 133,556
EBITDA 1 17,948 11,796 -7,855 10,951 154.7 11,494 20,298 18,510
EBIT 1 14,900 8,387 -12,964 6,118 -6,060 6,253 14,058 12,886
Operating Margin 20.38% 11.19% -19.96% 7.31% -6.74% 5.78% 11.02% 9.65%
Earnings before Tax (EBT) 1 14,780 7,972 -13,144 5,815 -6,308 6,072 13,736 12,685
Net income 1 13,967 7,426 -13,404 5,289 -6,329 5,996 13,463 12,353
Net margin 19.1% 9.91% -20.64% 6.32% -7.04% 5.55% 10.55% 9.25%
EPS 2 2.204 1.175 -2.110 0.8103 -0.9639 0.8990 2.016 1.835
Free Cash Flow 1 - - - 4,671 1,345 3,079 3,692 13,131
FCF margin - - - 5.58% 1.5% 2.85% 2.89% 9.83%
FCF Conversion (EBITDA) - - - 42.66% 869.49% 26.79% 18.19% 70.94%
FCF Conversion (Net income) - - - 88.32% - 51.35% 27.42% 106.3%
Dividend per Share 2 0.8333 0.2000 - 0.2000 0.1000 0.2294 0.5345 0.3790
Announcement Date 24/02/20 19/02/21 23/02/22 20/02/23 27/02/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 18,385 - 16,954 24,325 27,847 - - 23,500 25,214 - 27,250 27,250 27,250 - -
EBITDA - - - - - - - - - - - - - - -
EBIT 1 -3,528 - 450.6 4,413 5,123 - - - -1,582 - 2,573 2,573 2,573 - -
Operating Margin -19.19% - 2.66% 18.14% 18.4% - - - -6.28% - 9.44% 9.44% 9.44% - -
Earnings before Tax (EBT) 1 - - 419.2 4,401 4,845 - - - - - 2,302 2,302 2,302 - -
Net income 1 - -3,763 239.8 4,209 4,603 - - - - - 2,292 2,292 2,292 - -
Net margin - - 1.41% 17.3% 16.53% - - - - - 8.41% 8.41% 8.41% - -
EPS 2 -0.5800 -0.5925 0.0400 0.6600 0.7053 - -0.3596 0.0241 -0.2716 - 0.3445 0.3445 0.3445 - -
Dividend per Share 2 - - - 0.1000 - - - - - - - - 0.1049 - -
Announcement Date 23/02/22 26/04/22 04/08/22 25/10/22 20/02/23 30/05/23 30/08/23 25/10/23 27/02/24 - - - - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 5,631 17,611 31,246 25,331 22,290 17,706 10,326 16,492
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 0.3137 x 1.493 x -3.978 x 2.313 x 144.1 x 1.54 x 0.5087 x 0.891 x
Free Cash Flow 1 - - - 4,671 1,345 3,079 3,692 13,131
ROE (net income / shareholders' equity) 35.7% 16.7% -34.2% 14.6% -17.5% 15.7% 27.8% 19.7%
ROA (Net income/ Total Assets) 23.4% 10.2% -15.1% 5.43% -6.63% 6.08% 12.5% 7.03%
Assets 1 59,765 73,102 88,644 97,436 95,503 98,622 107,325 175,721
Book Value Per Share 2 7.080 7.180 4.960 5.940 4.850 5.740 7.390 8.390
Cash Flow per Share 2 2.870 1.330 0.1200 1.690 1.140 1.630 3.000 2.470
Capex 1 8,944 20,416 9,664 6,404 6,249 6,783 6,898 5,744
Capex / Sales 12.23% 27.25% 14.88% 7.65% 6.95% 6.27% 5.41% 4.3%
Announcement Date 24/02/20 19/02/21 23/02/22 20/02/23 27/02/24 - - -
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
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
14
Last Close Price
19.81 CNY
Average target price
23.58 CNY
Spread / Average Target
+19.06%
Consensus
  1. Stock Market
  2. Equities
  3. 300498 Stock
  4. Financials Wens Foodstuff Group Co., Ltd.