GUANGDONG SHIRONGZHAOYE CO., LTD. Financials Guangdong Shirongzhaoye Co., Ltd.
Equities
002016
CNE000001K16
Real Estate Development & Operations
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 5.91 CNY | -3.11% |
|
+6.87% | -6.04% |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 7,298 | 7,007 | 5,518 | 4,579 | 5,049 | 5,089 |
| Enterprise Value (EV) 1 | 7,197 | 6,119 | 3,922 | 2,716 | 3,770 | 4,098 |
| P/E ratio | 9.17 x | 7.94 x | 6.61 x | 6.47 x | 35.7 x | 25.1 x |
| Yield | 5.54% | - | 1.47% | 5.3% | 0.38% | - |
| Capitalization / Revenue | 3.1 x | 2.55 x | 1.87 x | 1.92 x | 6.07 x | 3.29 x |
| EV / Revenue | 3.06 x | 2.22 x | 1.33 x | 1.14 x | 4.54 x | 2.65 x |
| EV / EBITDA | 7.11 x | 5.17 x | 3.2 x | 2.92 x | 19.5 x | 12.1 x |
| EV / FCF | 350 x | 5.6 x | 9.52 x | 18.8 x | -13.5 x | -104 x |
| FCF Yield | 0.29% | 17.9% | 10.5% | 5.33% | -7.41% | -0.96% |
| Price to Book | 2.71 x | 2.21 x | 1.36 x | 0.98 x | 1.1 x | 1.06 x |
| Nbr of stocks (in thousands) | 8,09,096 | 8,09,096 | 8,09,096 | 8,09,096 | 8,09,096 | 8,09,096 |
| Reference price 2 | 9.020 | 8.660 | 6.820 | 5.660 | 6.240 | 6.290 |
| Announcement Date | 19/04/19 | 28/04/20 | 28/04/21 | 27/04/22 | 27/04/23 | 29/04/24 |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 2,353 | 2,753 | 2,948 | 2,380 | 831.3 | 1,548 |
| EBITDA 1 | 1,013 | 1,183 | 1,225 | 931.2 | 193.2 | 339.7 |
| EBIT 1 | 1,002 | 1,173 | 1,214 | 920.7 | 181.4 | 321.8 |
| Operating Margin | 42.57% | 42.61% | 41.19% | 38.68% | 21.82% | 20.79% |
| Earnings before Tax (EBT) 1 | 1,072 | 1,189 | 1,172 | 957.2 | 207.2 | 321.2 |
| Net income 1 | 796.2 | 882.2 | 834.3 | 707.6 | 141.4 | 202.6 |
| Net margin | 33.83% | 32.05% | 28.3% | 29.73% | 17.01% | 13.09% |
| EPS 2 | 0.9841 | 1.090 | 1.031 | 0.8746 | 0.1747 | 0.2505 |
| Free Cash Flow 1 | 20.58 | 1,094 | 412.1 | 144.7 | -279.3 | -39.42 |
| FCF margin | 0.87% | 39.72% | 13.98% | 6.08% | -33.6% | -2.55% |
| FCF Conversion (EBITDA) | 2.03% | 92.42% | 33.65% | 15.54% | - | - |
| FCF Conversion (Net income) | 2.59% | 123.96% | 49.4% | 20.45% | - | - |
| Dividend per Share 2 | 0.5000 | - | 0.1000 | 0.3000 | 0.0240 | - |
| Announcement Date | 19/04/19 | 28/04/20 | 28/04/21 | 27/04/22 | 27/04/23 | 29/04/24 |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - |
| Net Cash position 1 | 101 | 888 | 1,596 | 1,863 | 1,279 | 991 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - |
| Free Cash Flow 1 | 20.6 | 1,094 | 412 | 145 | -279 | -39.4 |
| ROE (net income / shareholders' equity) | 31% | 30.1% | 23.1% | 16.2% | 3.11% | 4.73% |
| ROA (Net income/ Total Assets) | 8.67% | 9.15% | 9.22% | 7.84% | 1.68% | 3.05% |
| Assets 1 | 9,179 | 9,642 | 9,051 | 9,024 | 8,417 | 6,643 |
| Book Value Per Share 2 | 3.330 | 3.920 | 5.020 | 5.790 | 5.670 | 5.920 |
| Cash Flow per Share 2 | 2.710 | 2.620 | 2.340 | 2.210 | 1.600 | 1.160 |
| Capex 1 | 37.4 | 146 | 100 | 12.1 | 178 | 331 |
| Capex / Sales | 1.59% | 5.29% | 3.39% | 0.51% | 21.46% | 21.39% |
| Announcement Date | 19/04/19 | 28/04/20 | 28/04/21 | 27/04/22 | 27/04/23 | 29/04/24 |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -6.04% | 66Cr | |
| +3.29% | 2.61TCr | |
| -12.24% | 1.42TCr | |
| +12.55% | 1.13TCr | |
| -24.06% | 783.78Cr | |
| +8.07% | 689.98Cr | |
| -6.37% | 691.89Cr | |
| +4.71% | 682.42Cr | |
| -1.97% | 374.77Cr | |
| +9.35% | 350.67Cr |
- Stock Market
- Equities
- 002016 Stock
- Financials Guangdong Shirongzhaoye Co., Ltd.
