Market Closed -
Hong Kong S.E.
09:09:00 03/05/2024 BST
|
5-day change
|
1st Jan Change
|
1.97
HKD
|
+0.51%
|
|
+6.49%
|
-11.66%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
11,516
|
16,074
|
11,104
|
11,458
|
4,700
|
4,118
|
-
|
-
|
Enterprise Value (EV)
1 |
11,326
|
15,940
|
10,285
|
10,712
|
4,700
|
3,781
|
3,681
|
3,594
|
P/E ratio
|
27.6
x
|
99.1
x
|
31.9
x
|
496
x
|
40.5
x
|
20.2
x
|
14.9
x
|
13.9
x
|
Yield
|
2.01%
|
1.01%
|
2.09%
|
-
|
-
|
3.62%
|
6.51%
|
7.02%
|
Capitalization / Revenue
|
3.61
x
|
7.37
x
|
3.87
x
|
4.89
x
|
1.71
x
|
1.34
x
|
1.18
x
|
1.09
x
|
EV / Revenue
|
3.55
x
|
7.31
x
|
3.58
x
|
4.57
x
|
1.71
x
|
1.23
x
|
1.06
x
|
0.95
x
|
EV / EBITDA
|
11.1
x
|
25.5
x
|
11.6
x
|
24.1
x
|
8.06
x
|
7.03
x
|
5.86
x
|
5.5
x
|
EV / FCF
|
27.1
x
|
-40.2
x
|
29.7
x
|
34.9
x
|
-
|
19.6
x
|
24.7
x
|
21.7
x
|
FCF Yield
|
3.69%
|
-2.49%
|
3.37%
|
2.87%
|
-
|
5.1%
|
4.05%
|
4.62%
|
Price to Book
|
2.72
x
|
3.92
x
|
2.63
x
|
2.81
x
|
-
|
1.06
x
|
1.01
x
|
1.04
x
|
Nbr of stocks (in thousands)
|
2,317,729
|
2,317,729
|
2,317,729
|
2,308,427
|
2,318,670
|
2,256,294
|
-
|
-
|
Reference price
2 |
4.969
|
6.935
|
4.791
|
4.963
|
2.027
|
1.825
|
1.825
|
1.825
|
Announcement Date
|
31/03/20
|
24/03/21
|
30/03/22
|
31/03/23
|
27/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
3,186
|
2,182
|
2,870
|
2,343
|
2,744
|
3,064
|
3,475
|
3,793
|
EBITDA
1 |
1,017
|
625
|
886.1
|
444.1
|
582.8
|
537.4
|
628.5
|
653.8
|
EBIT
1 |
577.3
|
213
|
483.5
|
48.56
|
236.7
|
282.3
|
412.8
|
438.4
|
Operating Margin
|
18.12%
|
9.76%
|
16.85%
|
2.07%
|
8.63%
|
9.21%
|
11.88%
|
11.56%
|
Earnings before Tax (EBT)
1 |
545.2
|
200.1
|
451
|
54.73
|
214.1
|
309.2
|
416.4
|
465.6
|
Net income
1 |
407.4
|
151.2
|
342.4
|
25.28
|
115.6
|
216.1
|
291.8
|
323.1
|
Net margin
|
12.79%
|
6.93%
|
11.93%
|
1.08%
|
4.21%
|
7.05%
|
8.4%
|
8.52%
|
EPS
2 |
0.1800
|
0.0700
|
0.1500
|
0.0100
|
0.0500
|
0.0902
|
0.1221
|
0.1312
|
Free Cash Flow
1 |
417.8
|
-396.5
|
346.6
|
307.2
|
-
|
193
|
149
|
166
|
FCF margin
|
13.11%
|
-18.18%
|
12.08%
|
13.11%
|
-
|
6.3%
|
4.29%
|
4.38%
|
FCF Conversion (EBITDA)
|
41.1%
|
-
|
39.12%
|
69.18%
|
-
|
35.91%
|
23.71%
|
25.39%
|
FCF Conversion (Net income)
|
102.54%
|
-
|
101.23%
|
1,215.11%
|
-
|
89.31%
|
51.06%
|
51.38%
|
Dividend per Share
2 |
0.1000
|
0.0700
|
0.1000
|
-
|
-
|
0.0662
|
0.1188
|
0.1281
|
Announcement Date
|
31/03/20
|
24/03/21
|
30/03/22
|
31/03/23
|
27/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2020 S2
|
2021 S1
|
2021 S2
|
2022 S1
|
2022 S2
|
2023 S1
|
2023 S2
|
2024 S1
|
2024 S2
|
---|
Net sales
1 |
1,560
|
903.5
|
1,278
|
1,453
|
1,417
|
1,181
|
1,162
|
1,415
|
1,329
|
1,575
|
1,604
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
-
|
-
|
-
|
236.8
|
154
|
31.44
|
17.12
|
108.6
|
74.85
|
108.3
|
235
|
Operating Margin
|
-
|
-
|
-
|
16.29%
|
10.87%
|
2.66%
|
1.47%
|
7.68%
|
5.63%
|
6.88%
|
14.65%
|
Earnings before Tax (EBT)
|
250.6
|
-
|
-
|
-
|
132.4
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
|
183.4
|
-
|
193.4
|
-
|
112.9
|
18.38
|
-
|
101.7
|
-
|
-
|
-
|
Net margin
|
11.76%
|
-
|
15.13%
|
-
|
7.97%
|
1.56%
|
-
|
7.19%
|
-
|
-
|
-
|
EPS
|
-
|
-
|
-
|
-
|
0.0500
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
31/03/20
|
24/08/20
|
24/03/21
|
24/08/21
|
30/03/22
|
23/08/22
|
31/03/23
|
16/08/23
|
27/03/24
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
190
|
133
|
819
|
746
|
-
|
337
|
437
|
524
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
418
|
-397
|
347
|
307
|
-
|
193
|
149
|
166
|
ROE (net income / shareholders' equity)
|
9.74%
|
4.02%
|
8.24%
|
0.61%
|
-
|
5.25%
|
6.83%
|
7.34%
|
ROA (Net income/ Total Assets)
|
8.04%
|
2.7%
|
5.05%
|
0.41%
|
-
|
4.15%
|
5.04%
|
6.01%
|
Assets
1 |
5,068
|
5,593
|
6,776
|
6,185
|
-
|
5,209
|
5,791
|
5,373
|
Book Value Per Share
2 |
1.830
|
1.770
|
1.820
|
1.770
|
-
|
1.720
|
1.820
|
1.760
|
Cash Flow per Share
2 |
0.3300
|
0.2300
|
0.2200
|
0.2000
|
-
|
0.2100
|
0.2400
|
0.2200
|
Capex
1 |
419
|
184
|
193
|
160
|
-
|
186
|
190
|
123
|
Capex / Sales
|
13.14%
|
8.41%
|
6.73%
|
6.85%
|
-
|
6.08%
|
5.48%
|
3.23%
|
Announcement Date
|
31/03/20
|
24/03/21
|
30/03/22
|
31/03/23
|
27/03/24
|
-
|
-
|
-
|
Last Close Price
1.825
CNY Average target price
2.09
CNY Spread / Average Target +14.52% Consensus |
1st Jan change
|
Capi.
|
---|
| -11.66% | 569M | | +15.33% | 22.1B | | +9.53% | 19.26B | | +0.86% | 12.9B | | +12.30% | 10.25B | | +31.16% | 8.6B | | +21.07% | 5.54B | | +4.64% | 2.77B | | -5.98% | 2.13B | | +5.12% | 1.85B |
Animal Slaughtering & Processing
|