Financials Zhong An Group Limited BOERSE MUENCHEN

Equities

35Z

KYG9898N1161

Real Estate Development & Operations

Real-time BOERSE MUENCHEN 16:14:07 23/05/2024 BST 5-day change 1st Jan Change
0.02 EUR 0.00% Intraday chart for Zhong An Group Limited 0.00% +17.65%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,352 1,211 1,518 1,469 1,244 568.6
Enterprise Value (EV) 1 4,554 5,641 12,747 13,633 14,725 11,028
P/E ratio 4.72 x 1.93 x 1.84 x 20.1 x 6.69 x 1.19 x
Yield - 8.44% - - - -
Capitalization / Revenue 0.26 x 0.2 x 0.2 x 0.3 x 0.13 x 0.04 x
EV / Revenue 0.88 x 0.91 x 1.71 x 2.74 x 1.59 x 0.76 x
EV / EBITDA 4.26 x 2.63 x 8.45 x 33.8 x 8.8 x 15.1 x
EV / FCF -1.9 x 3.11 x -2.08 x 108 x 2,390 x 4.42 x
FCF Yield -52.7% 32.2% -48% 0.93% 0.04% 22.6%
Price to Book 0.17 x 0.14 x 0.17 x 0.16 x 0.13 x 0.06 x
Nbr of stocks (in thousands) 5,810,391 5,718,639 5,635,810 5,635,810 5,635,810 5,635,810
Reference price 2 0.2327 0.2118 0.2693 0.2607 0.2208 0.1009
Announcement Date 15/04/19 27/04/20 19/04/21 27/04/22 19/04/23 25/04/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 5,169 6,205 7,439 4,969 9,250 14,490
EBITDA 1 1,070 2,141 1,509 402.8 1,672 729.6
EBIT 1 1,010 2,057 1,397 279.7 1,544 598.4
Operating Margin 19.53% 33.15% 18.78% 5.63% 16.69% 4.13%
Earnings before Tax (EBT) 1 883.6 1,921 1,678 226 1,318 451.2
Net income 1 286.9 637.1 827.9 73.13 186.7 479.4
Net margin 5.55% 10.27% 11.13% 1.47% 2.02% 3.31%
EPS 2 0.0493 0.1100 0.1460 0.0130 0.0330 0.0850
Free Cash Flow 1 -2,402 1,816 -6,123 126.5 6.161 2,494
FCF margin -46.47% 29.26% -82.31% 2.55% 0.07% 17.21%
FCF Conversion (EBITDA) - 84.81% - 31.41% 0.37% 341.9%
FCF Conversion (Net income) - 284.95% - 173% 3.3% 520.27%
Dividend per Share - 0.0179 - - - -
Announcement Date 15/04/19 27/04/20 19/04/21 27/04/22 19/04/23 25/04/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 3,202 4,429 11,230 12,163 13,481 10,459
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 2.994 x 2.069 x 7.443 x 30.2 x 8.061 x 14.34 x
Free Cash Flow 1 -2,402 1,816 -6,123 127 6.16 2,494
ROE (net income / shareholders' equity) 3.9% 10% 10.1% 0.33% 0.18% 2.27%
ROA (Net income/ Total Assets) 2.65% 4.65% 2.43% 0.35% 1.66% 0.69%
Assets 1 10,834 13,689 34,122 20,723 11,259 69,024
Book Value Per Share 2 1.330 1.480 1.620 1.640 1.680 1.810
Cash Flow per Share 2 0.2700 0.5500 0.8500 0.9300 0.5300 0.1400
Capex 1 131 189 71.5 128 132 75.8
Capex / Sales 2.53% 3.05% 0.96% 2.58% 1.43% 0.52%
Announcement Date 15/04/19 27/04/20 19/04/21 27/04/22 19/04/23 25/04/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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