End-of-day quote
Shenzhen S.E.
23:00:00 29/04/2024 BST
|
5-day change
|
1st Jan Change
|
35.34
CNY
|
+0.40%
|
|
+0.74%
|
+19.59%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
43,407
|
65,990
|
73,493
|
54,629
|
37,346
|
44,615
|
-
|
-
|
Enterprise Value (EV)
1 |
43,407
|
65,990
|
73,493
|
54,629
|
37,346
|
44,615
|
44,615
|
44,615
|
P/E ratio
|
35.1
x
|
51.3
x
|
45.4
x
|
25.1
x
|
18.5
x
|
18.2
x
|
15.2
x
|
12.6
x
|
Yield
|
1.24%
|
0.89%
|
0.98%
|
2.15%
|
3.05%
|
3.56%
|
4.73%
|
6.23%
|
Capitalization / Revenue
|
17.4
x
|
24
x
|
19.9
x
|
11.4
x
|
8.57
x
|
8.31
x
|
6.9
x
|
5.86
x
|
EV / Revenue
|
17.4
x
|
24
x
|
19.9
x
|
11.4
x
|
8.57
x
|
8.31
x
|
6.9
x
|
5.86
x
|
EV / EBITDA
|
31.5
x
|
46.1
x
|
40.7
x
|
22.4
x
|
16.6
x
|
16.5
x
|
13.6
x
|
11.6
x
|
EV / FCF
|
-
|
-
|
90.7
x
|
37.3
x
|
23.1
x
|
20.1
x
|
17.1
x
|
14.1
x
|
FCF Yield
|
-
|
-
|
1.1%
|
2.68%
|
4.32%
|
4.97%
|
5.84%
|
7.07%
|
Price to Book
|
9.88
x
|
12.7
x
|
11.6
x
|
6.92
x
|
4.59
x
|
4.8
x
|
4.23
x
|
3.91
x
|
Nbr of stocks (in thousands)
|
1,258,879
|
1,263,483
|
1,263,236
|
1,262,272
|
1,263,815
|
1,262,461
|
-
|
-
|
Reference price
2 |
34.48
|
52.23
|
58.18
|
43.28
|
29.55
|
35.34
|
35.34
|
35.34
|
Announcement Date
|
25/02/20
|
26/02/21
|
28/02/22
|
28/02/23
|
23/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
2,489
|
2,754
|
3,684
|
4,811
|
4,358
|
5,366
|
6,462
|
7,610
|
EBITDA
1 |
1,380
|
1,432
|
1,805
|
2,436
|
2,244
|
2,697
|
3,288
|
3,857
|
EBIT
1 |
1,360
|
1,403
|
1,770
|
2,377
|
2,188
|
2,628
|
3,148
|
3,752
|
Operating Margin
|
54.64%
|
50.95%
|
48.05%
|
49.41%
|
50.19%
|
48.97%
|
48.72%
|
49.3%
|
Earnings before Tax (EBT)
1 |
1,361
|
1,402
|
1,769
|
2,376
|
2,190
|
2,657
|
3,183
|
3,804
|
Net income
1 |
1,235
|
1,279
|
1,616
|
2,178
|
2,023
|
2,456
|
2,942
|
3,541
|
Net margin
|
49.62%
|
46.43%
|
43.86%
|
45.27%
|
46.43%
|
45.76%
|
45.54%
|
46.53%
|
EPS
2 |
0.9834
|
1.018
|
1.282
|
1.725
|
1.601
|
1.944
|
2.329
|
2.800
|
Free Cash Flow
1 |
-
|
-
|
810.6
|
1,465
|
1,614
|
2,219
|
2,606
|
3,156
|
FCF margin
|
-
|
-
|
22%
|
30.45%
|
37.03%
|
41.35%
|
40.33%
|
41.47%
|
FCF Conversion (EBITDA)
|
-
|
-
|
44.91%
|
60.14%
|
71.91%
|
82.27%
|
79.27%
|
81.82%
|
FCF Conversion (Net income)
|
-
|
-
|
50.16%
|
67.27%
|
79.76%
|
90.36%
|
88.57%
|
89.13%
|
Dividend per Share
2 |
0.4286
|
0.4643
|
0.5714
|
0.9286
|
0.9000
|
1.258
|
1.671
|
2.202
|
Announcement Date
|
25/02/20
|
26/02/21
|
28/02/22
|
28/02/23
|
23/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2020 S2
|
2021 S1
|
2021 Q4
|
2022 Q1
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2022 S2
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 S2
|
---|
Net sales
|
1,315
|
1,201
|
1,553
|
-
|
1,156
|
-
|
-
|
-
|
1,250
|
2,473
|
-
|
-
|
-
|
-
|
2,315
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
|
692.6
|
-
|
-
|
-
|
430.3
|
538.1
|
-
|
-
|
413.1
|
1,123
|
-
|
-
|
-
|
-
|
1,066
|
Operating Margin
|
52.68%
|
-
|
-
|
-
|
37.23%
|
-
|
-
|
-
|
33.05%
|
45.41%
|
-
|
-
|
-
|
-
|
46.05%
|
Earnings before Tax (EBT)
|
693.1
|
-
|
-
|
-
|
430
|
-
|
-
|
-
|
411.4
|
1,121
|
-
|
-
|
-
|
-
|
1,068
|
Net income
1 |
628.5
|
645.4
|
633.4
|
806.2
|
398
|
-
|
1,137
|
644.2
|
396.7
|
1,041
|
422.9
|
606.6
|
1,029
|
584.7
|
1,161
|
Net margin
|
47.8%
|
53.74%
|
40.78%
|
-
|
34.44%
|
-
|
-
|
-
|
31.73%
|
42.09%
|
-
|
-
|
-
|
-
|
50.15%
|
EPS
2 |
0.5048
|
-
|
0.5000
|
0.6410
|
0.3071
|
-
|
0.9018
|
0.5071
|
0.3143
|
0.8286
|
0.3351
|
0.4794
|
0.8144
|
0.4628
|
0.7867
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
25/02/20
|
14/08/20
|
26/02/21
|
20/08/21
|
28/02/22
|
22/04/22
|
26/08/22
|
26/10/22
|
28/02/23
|
28/02/23
|
21/04/23
|
30/08/23
|
30/08/23
|
25/10/23
|
23/02/24
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
-
|
-
|
811
|
1,465
|
1,614
|
2,219
|
2,606
|
3,156
|
ROE (net income / shareholders' equity)
|
31.5%
|
26.9%
|
28.3%
|
30.9%
|
25.7%
|
27.1%
|
28.4%
|
31.1%
|
ROA (Net income/ Total Assets)
|
28.8%
|
24.1%
|
25.1%
|
26.4%
|
-
|
24.9%
|
25.6%
|
30.6%
|
Assets
1 |
4,289
|
5,303
|
6,442
|
8,243
|
-
|
9,845
|
11,500
|
11,583
|
Book Value Per Share
2 |
3.490
|
4.120
|
5.010
|
6.250
|
6.440
|
7.370
|
8.360
|
9.040
|
Cash Flow per Share
2 |
0.8700
|
0.8900
|
0.8800
|
1.680
|
1.430
|
1.760
|
2.130
|
2.530
|
Capex
1 |
270
|
148
|
296
|
658
|
188
|
232
|
257
|
180
|
Capex / Sales
|
10.85%
|
5.39%
|
8.05%
|
13.68%
|
4.31%
|
4.33%
|
3.97%
|
2.37%
|
Announcement Date
|
25/02/20
|
26/02/21
|
28/02/22
|
28/02/23
|
23/02/24
|
-
|
-
|
-
|
Last Close Price
35.34
CNY Average target price
44.28
CNY Spread / Average Target +25.30% Consensus |