YANTAI CHINA PET FOODS CO., LTD. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 25.07 CNY | -0.12% |
|
-2.72% | -4.86% |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 4,672 | 11,272 | 8,894 | 6,562 | 7,677 | 7,266 | - | - |
| Enterprise Value (EV) 1 | 4,952 | 11,231 | 9,051 | 7,036 | 8,551 | 7,934 | 7,680 | 7,779 |
| P/E ratio | 59.7 x | 76.7 x | 77.5 x | 61.9 x | 33 x | 25.6 x | 21.8 x | 17.4 x |
| Yield | 0.22% | 0.12% | 0.17% | 0.22% | 0.91% | 1.18% | 1.11% | 1.75% |
| Capitalization / Revenue | 2.72 x | 5.05 x | 3.09 x | 2.02 x | 2.05 x | 1.65 x | 1.44 x | 1.25 x |
| EV / Revenue | 2.89 x | 5.03 x | 3.14 x | 2.17 x | 2.28 x | 1.8 x | 1.52 x | 1.34 x |
| EV / EBITDA | 28.2 x | 42.4 x | 33.9 x | 27.2 x | 16.8 x | 13.9 x | 11.6 x | 9.48 x |
| EV / FCF | - | - | - | -30.8 x | 204 x | 24.4 x | 31.5 x | 24.4 x |
| FCF Yield | - | - | - | -3.25% | 0.49% | 4.1% | 3.18% | 4.1% |
| Price to Book | 5.54 x | 6.53 x | 4.89 x | 3.18 x | 3.47 x | 2.96 x | 2.65 x | 2.35 x |
| Nbr of stocks (in thousands) | 255,002 | 294,113 | 294,113 | 294,113 | 291,358 | 289,823 | - | - |
| Reference price 2 | 18.32 | 38.33 | 30.24 | 22.31 | 26.35 | 25.07 | 25.07 | 25.07 |
| Announcement Date | 28/02/20 | 30/03/21 | 30/03/22 | 19/04/23 | 22/04/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,716 | 2,233 | 2,882 | 3,248 | 3,747 | 4,397 | 5,048 | 5,826 |
| EBITDA 1 | 175.8 | 264.8 | 267.2 | 258.3 | 509.6 | 571.4 | 661.2 | 820.6 |
| EBIT 1 | 109.9 | 196.4 | 161 | 154.7 | 372.2 | 437.2 | 519.4 | 645.5 |
| Operating Margin | 6.4% | 8.79% | 5.59% | 4.76% | 9.93% | 9.94% | 10.29% | 11.08% |
| Earnings before Tax (EBT) 1 | 118.2 | 196.4 | 159.4 | 155.5 | 370.3 | 436.3 | 512.7 | 639.6 |
| Net income 1 | 79.01 | 134.9 | 115.6 | 105.9 | 233.2 | 287.8 | 338.5 | 423.3 |
| Net margin | 4.6% | 6.04% | 4.01% | 3.26% | 6.22% | 6.55% | 6.71% | 7.27% |
| EPS 2 | 0.3067 | 0.5000 | 0.3900 | 0.3602 | 0.7978 | 0.9786 | 1.151 | 1.442 |
| Free Cash Flow 1 | - | - | - | -228.8 | 41.83 | 325 | 244 | 319 |
| FCF margin | - | - | - | -7.04% | 1.12% | 7.39% | 4.83% | 5.48% |
| FCF Conversion (EBITDA) | - | - | - | - | 8.21% | 56.88% | 36.91% | 38.87% |
| FCF Conversion (Net income) | - | - | - | - | 17.94% | 112.92% | 72.08% | 75.35% |
| Dividend per Share 2 | 0.0400 | 0.0467 | 0.0500 | 0.0500 | 0.2400 | 0.2946 | 0.2774 | 0.4398 |
| Announcement Date | 28/02/20 | 30/03/21 | 30/03/22 | 19/04/23 | 22/04/24 | - | - | - |
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 | 869.4 | 792.9 | 796.7 | 852.7 | 805.7 | 705.7 | 1,009 | 997.4 | 1,035 | 878 | 1,148 | 1,150 | 1,181 | - | - |
| EBITDA 1 | 42.56 | - | - | - | - | - | - | - | - | - | 141.4 | 141.4 | 141.4 | - | - |
| EBIT 1 | 33.1 | 37.71 | 59.73 | 61.59 | -10.38 | 34.16 | 130.6 | 123.7 | 83.71 | 81.78 | 127 | 121.9 | 115.1 | - | - |
| Operating Margin | 3.81% | 4.76% | 7.5% | 7.22% | -1.29% | 4.84% | 12.94% | 12.4% | 8.09% | 9.31% | 11.07% | 10.6% | 9.74% | - | - |
| Earnings before Tax (EBT) 1 | - | - | - | - | -10.03 | - | - | - | - | - | 112.8 | 112.8 | 112.8 | - | - |
| Net income 1 | - | - | - | - | -8.701 | - | 80.51 | 80.57 | 56.43 | - | 69.51 | 69.51 | 69.51 | - | - |
| Net margin | - | - | - | - | -1.08% | - | 7.98% | 8.08% | 5.45% | - | 6.06% | 6.04% | 5.88% | - | - |
| EPS 2 | 0.0800 | 0.0796 | 0.1500 | 0.1574 | -0.0300 | 0.0532 | 0.2800 | 0.2700 | 0.2000 | 0.1914 | 0.2782 | 0.2682 | 0.2532 | - | - |
| Dividend per Share 2 | 0.0500 | - | - | - | - | - | - | - | - | - | - | - | 0.2684 | - | - |
| Announcement Date | 30/03/22 | 29/04/22 | 14/08/22 | 27/10/22 | 19/04/23 | 19/04/23 | 03/08/23 | 29/10/23 | 22/04/24 | 22/04/24 | - | - | - | - | - |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 280 | - | 157 | 474 | 874 | 668 | 414 | 513 |
| Net Cash position 1 | - | 41.2 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 1.596 x | - | 0.5868 x | 1.835 x | 1.715 x | 1.168 x | 0.6264 x | 0.6257 x |
| Free Cash Flow 1 | - | - | - | -229 | 41.8 | 325 | 244 | 319 |
| ROE (net income / shareholders' equity) | 9.56% | 11.7% | 6.52% | 5.56% | 10.9% | 11.6% | 12.2% | 13.3% |
| ROA (Net income/ Total Assets) | 5.09% | 6.42% | 4.19% | - | - | 7.11% | 7.48% | 8.59% |
| Assets 1 | 1,554 | 2,102 | 2,759 | - | - | 4,047 | 4,528 | 4,929 |
| Book Value Per Share 2 | 3.310 | 5.870 | 6.180 | 7.030 | 7.590 | 8.470 | 9.460 | 10.70 |
| Cash Flow per Share 2 | 0.3800 | 0.0600 | 0.7200 | 0.4100 | 1.520 | 1.140 | 1.640 | 1.530 |
| Capex 1 | 152 | 193 | 284 | 348 | 405 | 406 | 280 | 282 |
| Capex / Sales | 8.84% | 8.64% | 9.85% | 10.72% | 10.81% | 9.22% | 5.54% | 4.83% |
| Announcement Date | 28/02/20 | 30/03/21 | 30/03/22 | 19/04/23 | 22/04/24 | - | - | - |
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
Sell
Buy
Mean consensus
BUY
Number of Analysts
15
Last Close Price
25.07
CNY
Average target price
30.33
CNY
Spread / Average Target
+20.99%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -4.86% | 1.01B | |
| +47.04% | 6.19B | |
| +48.93% | 3.27B | |
| +0.47% | 1.77B | |
| +12.11% | 498M |
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