Financials Anhui Korrun Co., Ltd.

Equities

End-of-day quote Shenzhen S.E. Other stock markets 11/07/2025			5-day change	1st Jan Change
20.08 ^CNY	-0.40%		-4.11%	-19.20%

25/04	Anhui Korrun Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2025	CI
2024	Anhui Korrun Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2024	CI

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	1,944	2,289	2,741	3,105	4,240	5,335	6,220	7,100
Change	-	17.76%	19.75%	13.28%	36.56%	25.81%	16.59%	14.15%
EBITDA ¹	124.2	254.6	132.4	207.7	577.4	613.7	713.9	852.1
Change	-	105.04%	-47.99%	56.79%	178.07%	6.28%	16.33%	19.36%
EBIT ¹	85.34	194.6	83.17	155.8	485.2	520.9	625.1	738.8
Change	-	128%	-57.26%	87.34%	211.39%	7.35%	20.01%	18.19%
Interest Paid ¹	-24.88	-30.94	-20.58	-27.64	-41.52	-39.61	-28.76	-35.1
Earnings before Tax (EBT) ¹	83.56	194.6	78.66	153.6	479.8	518	622.7	735.8
Change	-	132.87%	-59.57%	95.32%	212.29%	7.97%	20.21%	18.16%
Net income ¹	77.95	180.1	46.87	115.6	381	394	484	567
Change	-	131.03%	-73.98%	146.69%	229.52%	3.41%	22.85%	17.15%
Announcement Date	15/03/21	26/04/22	26/04/23	28/04/24	25/04/25	-	-	-

¹CNY in Million

Estimates

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Announcement Date	15/03/21	26/04/22	26/04/23	28/04/24	25/04/25	-	-	-

Estimates

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	158.4	165	237	137.6	165.9	124.3	123.4	131
Change	-	4.15%	43.65%	-41.92%	20.5%	-25.03%	-0.75%	6.16%
Free Cash Flow (FCF) ¹	-	-117.5	-130.3	302.4	66.64	755	306	398
Change	-	-	-10.87%	332.04%	-77.96%	1,032.89%	-59.47%	30.07%
Announcement Date	15/03/21	26/04/22	26/04/23	28/04/24	25/04/25	-	-	-

¹CNY in Million

Estimates

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	6.39%	11.12%	4.83%	6.69%	13.62%	11.5%	11.48%	12%
EBIT Margin (%)	4.39%	8.5%	3.03%	5.02%	11.44%	9.76%	10.05%	10.41%
EBT Margin (%)	4.3%	8.5%	2.87%	4.95%	11.32%	9.71%	10.01%	10.36%
Net margin (%)	4.01%	7.87%	1.71%	3.72%	8.99%	7.39%	7.78%	7.99%
FCF margin (%)	-	-5.13%	-4.75%	9.74%	1.57%	14.15%	4.92%	5.61%
FCF / Net Income (%)	-	-65.26%	-278.02%	261.51%	17.49%	191.62%	63.22%	70.19%
Profitability
ROA	3.12%	-	1.33%	3.25%	8.72%	6.75%	8.73%	8.8%
ROE	8.04%	11.06%	2.76%	6.5%	19.06%	16.09%	17.03%	17.08%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	8.15%	7.21%	8.65%	4.43%	3.91%	2.33%	1.98%	1.85%
CAPEX / EBITDA (%)	127.55%	64.79%	178.93%	66.28%	28.72%	20.26%	17.29%	15.37%
CAPEX / FCF (%)	-	-140.36%	-181.86%	45.52%	248.86%	16.47%	40.33%	32.91%
Items per share
Cash flow per share ¹	0.5595	0.1978	0.4448	1.835	0.9696	1.438	2.16	2.18
Change	-	-64.65%	124.87%	312.52%	-47.16%	48.31%	50.21%	0.93%
Dividend per Share ¹	0.105	0.1	0.09	0.094	0.191	0.37	0.5067	0.505
Change	-	-4.76%	-10%	4.44%	103.19%	93.72%	36.94%	-0.33%
Book Value Per Share ¹	6.309	6.762	6.872	7.453	8.932	10.24	11.88	13.85
Change	-	7.17%	1.63%	8.45%	19.84%	14.65%	16.02%	16.6%
EPS ¹	0.35	0.74	0.2	0.48	1.55	1.643	2.019	2.365
Change	-	111.43%	-72.97%	140%	222.92%	5.99%	22.87%	17.16%
Nbr of stocks (in thousands)	2,40,184	2,39,789	2,39,790	2,39,511	2,37,986	2,37,671	2,37,671	2,37,671
Announcement Date	15/03/21	26/04/22	26/04/23	28/04/24	25/04/25	-	-	-