Financials Changan Minsheng APLL Logistics Co., Ltd.

Equities

1292

CNE1000002X8

Ground Freight & Logistics

Delayed Hong Kong S.E. 01:38:35 13/05/2024 pm IST 5-day change 1st Jan Change
2.47 HKD +0.41% Intraday chart for Changan Minsheng APLL Logistics Co., Ltd. -3.14% +22.89%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 516.6 311.4 313.7 249.6 264.8 296.1
Enterprise Value (EV) 1 -610.4 -464.9 -660.8 -807.9 -407.9 -357.3
P/E ratio 11.2 x -5.56 x 745 x 8.56 x 6.88 x 5.25 x
Yield 3.14% - - 3.25% 9.18% 10.9%
Capitalization / Revenue 0.1 x 0.07 x 0.07 x 0.04 x 0.03 x 0.04 x
EV / Revenue -0.12 x -0.11 x -0.14 x -0.13 x -0.05 x -0.04 x
EV / EBITDA -3.96 x -43.5 x -9.11 x -8.81 x -3.27 x -2.12 x
EV / FCF 64.6 x 1.99 x -2.98 x -10.2 x 1.35 x -2.04 x
FCF Yield 1.55% 50.2% -33.6% -9.77% 74.3% -49%
Price to Book 0.26 x 0.16 x 0.16 x 0.13 x 0.13 x 0.15 x
Nbr of stocks (in thousands) 1,62,064 1,62,064 1,62,064 1,62,064 1,62,064 1,62,064
Reference price 2 3.187 1.921 1.936 1.540 1.634 1.827
Announcement Date 16/04/19 21/04/20 20/04/21 28/04/22 27/04/23 26/04/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 5,112 4,342 4,686 6,021 7,697 7,969
EBITDA 1 154 10.68 72.56 91.73 124.7 168.4
EBIT 1 60.42 -75.71 -16.13 10.86 35.79 56.86
Operating Margin 1.18% -1.74% -0.34% 0.18% 0.46% 0.71%
Earnings before Tax (EBT) 1 101.8 -36.7 23.24 58.84 68.29 75.01
Net income 1 46.11 -55.97 0.421 29.15 38.48 56.45
Net margin 0.9% -1.29% 0.01% 0.48% 0.5% 0.71%
EPS 2 0.2845 -0.3453 0.002597 0.1799 0.2374 0.3483
Free Cash Flow 1 -9.453 -233.2 221.7 78.89 -303 175
FCF margin -0.18% -5.37% 4.73% 1.31% -3.94% 2.2%
FCF Conversion (EBITDA) - - 305.6% 86% - 103.91%
FCF Conversion (Net income) - - 52,671.56% 270.66% - 310.06%
Dividend per Share 2 0.1000 - - 0.0500 0.1500 0.2000
Announcement Date 16/04/19 21/04/20 20/04/21 28/04/22 27/04/23 26/04/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 1,127 776 975 1,057 673 653
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -9.45 -233 222 78.9 -303 175
ROE (net income / shareholders' equity) 3.18% -2.16% 0.68% 2.04% 2.18% 2.66%
ROA (Net income/ Total Assets) 0.8% -1.03% -0.23% 0.16% 0.49% 0.7%
Assets 1 5,756 5,431 -187 18,413 7,822 8,015
Book Value Per Share 2 12.20 11.80 11.80 12.00 12.30 12.40
Cash Flow per Share 2 7.340 5.100 5.520 6.120 4.660 5.450
Capex 1 134 151 53.5 51.2 93.2 172
Capex / Sales 2.61% 3.47% 1.14% 0.85% 1.21% 2.16%
Announcement Date 16/04/19 21/04/20 20/04/21 28/04/22 27/04/23 26/04/24
1CNY in Million2CNY
Estimates
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  4. Financials Changan Minsheng APLL Logistics Co., Ltd.
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