Projected Income Statement: Fujian Funeng Co., Ltd.

Forecast Balance Sheet: Fujian Funeng Co., Ltd.

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt - - - - - - - -
Change - - - - - - - -
Announcement Date 25/04/22 14/04/23 17/04/24 09/04/25 22/04/26 - - -
Estimates

Cash Flow Forecast: Fujian Funeng Co., Ltd.

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 6,435 1,812 2,068 3,229 3,515 4,336 4,562 6,050
Change - -71.84% 14.16% 56.1% 8.86% 23.38% 5.19% 32.62%
Free Cash Flow (FCF) 1 - - 2,557 1,457 1,595 - - -
Change - - - -43.04% 9.47% -100% - -
Announcement Date 25/04/22 14/04/23 17/04/24 09/04/25 22/04/26 - - -
1CNY in Million
Estimates

Forecast Financial Ratios: Fujian Funeng Co., Ltd.

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 24.85% 36.4% 37.92% 40.32% 44.77% 44.16% 41.65% 43.6%
EBIT Margin (%) 14.1% 25.24% 25.08% 27.82% 32.04% 30.93% 29.03% 28.72%
EBT Margin (%) 13.84% 25.31% 24.71% 27.85% 32.32% 31.09% 29.2% 28.85%
Net margin (%) 10.5% 18.11% 17.85% 19.18% 21.51% 20.72% 19.37% 18.95%
FCF margin (%) - - 17.4% 10% 11.6% - - -
FCF / Net Income (%) - - 97.47% 52.15% 53.92% - - -

Profitability

        
ROA - - 5.29% 5.45% 5.33% 4.35% 4.8% 5.3%
ROE 7.64% 11.38% 12.52% 11.84% 11.27% 9.6% 10.03% 10.92%

Financial Health

        
Leverage (Debt/EBITDA) - - - - - - - -
Debt / Free cash flow - - - - - - - -

Capital Intensity

        
CAPEX / Current Assets (%) 53.28% 12.65% 14.08% 22.17% 25.56% 32.02% 28.25% 30.92%
CAPEX / EBITDA (%) 214.37% 34.77% 37.12% 54.99% 57.09% 72.51% 67.82% 70.93%
CAPEX / FCF (%) - - 80.89% 221.67% 220.42% - - -

Items per share

        
Cash flow per share 1 0.9102 1.29 1.82 1.685 1.838 1.693 1.673 2.28
Change - 41.71% 41.14% -7.42% 9.05% -7.86% -1.18% 36.26%
Dividend per Share 1 - - 0.31 0.31 0.353 0.38 0.43 -
Change - - - 0% 13.87% 7.65% 13.16% -
Book Value Per Share 1 6.873 7.775 8.538 9.09 9.861 10.47 11.19 12.12
Change - 13.13% 9.81% 6.46% 8.48% 6.21% 6.84% 8.27%
EPS 1 0.4615 0.9538 0.97 1.07 1.04 1.01 1.122 1.333
Change - 106.67% 1.69% 10.31% -2.8% -2.88% 11.14% 18.78%
Nbr of stocks (in thousands) 24,92,715 25,40,936 25,40,943 27,80,138 27,80,138 27,80,138 27,80,138 27,80,138
Announcement Date 25/04/22 14/04/23 17/04/24 09/04/25 22/04/26 - - -
1CNY
Estimates
2026 *2027 *
P/E 10.2x 9.21x
PBR 0.99x 0.92x
EV / Sales 2.12x 1.78x
Yield 3.68% 4.16%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
10.40CNY
Average target price
13.04CNY
Spread / Average Target
+25.35%

Annual profits - Rate of surprise

  1. Stock Market
  2. Stocks
  3. 600483 Stock
  4. Financials Fujian Funeng Co., Ltd.