DADA NEXUS LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 2.01 USD | +0.50% |
|
+8.06% | -39.46% |
| 26/03 | Dada Nexus Limited announces an Equity Buyback for $40 million worth of its shares. | CI |
| 26/03 | Transcript : Dada Nexus Limited, Q4 2023 Earnings Call, Mar 25, 2024 |
Valuation
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 55,636 | 19,555 | 12,287 | 6,174 | 3,853 | - | - |
| Enterprise Value (EV) 1 | 50,115 | 19,084 | 8,017 | 6,174 | 829.2 | 597.8 | -63.87 |
| P/E ratio | -19.1 x | -8.04 x | -6.07 x | -3.13 x | -23.9 x | 10.7 x | 8.03 x |
| Yield | - | - | - | - | - | - | - |
| Capitalization / Revenue | 9.69 x | 2.85 x | 1.31 x | 0.59 x | 0.33 x | 0.27 x | 0.26 x |
| EV / Revenue | 8.73 x | 2.78 x | 0.86 x | 0.59 x | 0.07 x | 0.04 x | -0 x |
| EV / EBITDA | -49.1 x | -8.03 x | - | - | 3 x | 0.95 x | -0.06 x |
| EV / FCF | -45 x | -7.14 x | -7.08 x | - | 5.32 x | 0.66 x | -0.07 x |
| FCF Yield | -2.22% | -14% | -14.1% | - | 18.8% | 152% | -1,489% |
| Price to Book | 7.98 x | 5.12 x | 1.75 x | - | 0.74 x | 0.6 x | 0.66 x |
| Nbr of stocks (in thousands) | 2,33,607 | 2,33,932 | 2,55,589 | 2,62,011 | 2,64,536 | - | - |
| Reference price 2 | 238.2 | 83.59 | 48.07 | 23.56 | 14.57 | 14.57 | 14.57 |
| Announcement Date | 08/03/21 | 08/03/22 | 08/03/23 | 25/03/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 3,100 | 5,740 | 6,866 | 9,368 | 10,506 | 11,679 | 14,348 | 14,987 |
| EBITDA 1 | - | -1,020 | -2,377 | - | - | 276.1 | 631.7 | 1,022 |
| EBIT 1 | - | -1,764 | -2,199 | -1,433 | -487.8 | 548.6 | 1,044 | 863.7 |
| Operating Margin | - | -30.73% | -32.02% | -15.29% | -4.64% | 4.7% | 7.28% | 5.76% |
| Earnings before Tax (EBT) 1 | - | -1,710 | -2,483 | -2,013 | -1,963 | -193.3 | 433.1 | 1,075 |
| Net income 1 | -1,670 | -2,081 | -2,471 | -2,008 | -1,958 | -636 | 328.9 | 544.5 |
| Net margin | -53.87% | -36.25% | -35.99% | -21.44% | -18.63% | -5.45% | 2.29% | 3.63% |
| EPS 2 | -6.800 | -12.48 | -10.40 | -7.920 | -7.520 | -0.6100 | 1.356 | 1.814 |
| Free Cash Flow 1 | - | -1,113 | -2,674 | -1,132 | - | 156 | 906.5 | 951 |
| FCF margin | - | -19.39% | -38.95% | -12.09% | - | 1.34% | 6.32% | 6.35% |
| FCF Conversion (EBITDA) | - | - | - | - | - | 56.51% | 143.51% | 93.06% |
| FCF Conversion (Net income) | - | - | - | - | - | - | 275.58% | 174.66% |
| Dividend per Share 2 | - | - | - | - | - | - | - | - |
| Announcement Date | 12/05/20 | 08/03/21 | 08/03/22 | 08/03/23 | 25/03/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,687 | 2,032 | 2,025 | 2,281 | 2,380 | 2,681 | 2,576 | 2,811 | 2,867 | 2,752 | 2,654 | 2,963 | 2,992 | 3,205 |
| EBITDA | - | - | -577.6 | -560.6 | -437.4 | - | - | - | - | - | - | - | - | - |
| EBIT 1 | -472.1 | -505.4 | -501.4 | -424.2 | -300.1 | -207 | -216.6 | -28.56 | -52.4 | -190.2 | -160.3 | - | - | 30.1 |
| Operating Margin | -27.99% | -24.87% | -24.75% | -18.6% | -12.61% | -7.72% | -8.41% | -1.02% | -1.83% | -6.91% | -6.04% | - | - | 0.94% |
| Earnings before Tax (EBT) | -543.9 | -585.6 | -605.5 | -580.1 | -455.4 | -371.8 | - | - | - | -1,284 | - | - | - | - |
| Net income 1 | -542.7 | -577.8 | -604.2 | -578.8 | -454.3 | -370.6 | -350.4 | -158.7 | - | -1,282 | -173 | -160 | -182 | -121 |
| Net margin | -32.17% | -28.43% | -29.83% | -25.38% | -19.09% | -13.82% | -13.61% | -5.65% | - | -46.6% | -6.52% | -5.4% | -6.08% | -3.78% |
| EPS 2 | -2.280 | -2.440 | -2.480 | -2.400 | -1.760 | -1.440 | -1.360 | -0.6000 | -0.1600 | -4.880 | -0.1700 | -0.1500 | -0.1700 | -0.1200 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 23/11/21 | 08/03/22 | 16/05/22 | 22/08/22 | 17/11/22 | 08/03/23 | 10/05/23 | 15/08/23 | 14/11/23 | 25/03/24 | - | - | - | - |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | - | 5,521 | 471 | 4,270 | - | 3,024 | 3,255 | 3,917 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | - | -1,113 | -2,674 | -1,132 | - | 156 | 907 | 951 |
| ROE (net income / shareholders' equity) | - | -32.7% | -45.7% | -37.2% | - | 8.01% | 8.39% | 15.3% |
| ROA (Net income/ Total Assets) | - | -30.1% | -28.4% | -18.5% | - | -1.5% | 6.17% | 10.3% |
| Assets 1 | - | 6,917 | 8,712 | 10,846 | - | 42,400 | 5,333 | 5,286 |
| Book Value Per Share 2 | - | 29.90 | 16.30 | 27.40 | - | 19.60 | 24.50 | 22.20 |
| Cash Flow per Share 2 | - | -1.660 | -11.20 | -6.640 | - | 0.7200 | 3.000 | 3.750 |
| Capex 1 | - | 23.9 | 16.9 | 23.9 | - | 129 | 148 | 5 |
| Capex / Sales | - | 0.42% | 0.25% | 0.26% | - | 1.1% | 1.03% | 0.03% |
| Announcement Date | 12/05/20 | 08/03/21 | 08/03/22 | 08/03/23 | 25/03/24 | - | - | - |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
D+
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
13
Last Close Price
14.57
CNY
Average target price
31.53
CNY
Spread / Average Target
+116.44%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -39.46% | 532M | |
| -2.53% | 184B | |
| -11.62% | 180B | |
| -8.43% | 91.88B | |
| +41.15% | 91.6B | |
| -10.53% | 71.28B | |
| +13.73% | 53.58B | |
| +19.26% | 26.35B | |
| +17.48% | 10.05B | |
| -11.43% | 8.53B |
- Stock Market
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- Financials Dada Nexus Limited
