End-of-day quote
Shanghai S.E.
03:30:00 26/06/2024 am IST
|
5-day change
|
1st Jan Change
|
13.31
CNY
|
+0.23%
|
|
0.00%
|
-2.39%
|
Fiscal Period: December |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
4,071
|
5,150
|
8,153
|
6,282
|
6,127
|
-
|
-
|
Enterprise Value (EV)
1 |
4,071
|
5,150
|
8,153
|
4,360
|
4,256
|
4,386
|
4,429
|
P/E ratio
|
11.7
x
|
11.4
x
|
16.8
x
|
11.1
x
|
9.36
x
|
7.94
x
|
6.96
x
|
Yield
|
-
|
-
|
2.12%
|
5.76%
|
7.41%
|
7.12%
|
10.6%
|
Capitalization / Revenue
|
-
|
3.19
x
|
2.37
x
|
1.58
x
|
1.35
x
|
1.14
x
|
0.99
x
|
EV / Revenue
|
-
|
3.19
x
|
2.37
x
|
1.1
x
|
0.93
x
|
0.82
x
|
0.72
x
|
EV / EBITDA
|
-
|
-
|
13.1
x
|
5.79
x
|
5.19
x
|
4.61
x
|
4.05
x
|
EV / FCF
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Yield
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Price to Book
|
-
|
2.02
x
|
2.26
x
|
1.58
x
|
1.4
x
|
1.27
x
|
1.16
x
|
Nbr of stocks (in thousands)
|
3,99,579
|
4,01,880
|
4,65,138
|
4,60,714
|
4,60,362
|
-
|
-
|
Reference price
2 |
10.19
|
12.81
|
17.53
|
13.64
|
13.31
|
13.31
|
13.31
|
Announcement Date
|
15/04/21
|
08/03/22
|
07/03/23
|
28/04/24
|
-
|
-
|
-
|
Fiscal Period: December |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
-
|
1,612
|
3,436
|
3,976
|
4,553
|
5,362
|
6,172
|
EBITDA
1 |
-
|
-
|
621.7
|
753.6
|
820.6
|
951.5
|
1,094
|
EBIT
1 |
-
|
524.4
|
532.8
|
648.7
|
732.5
|
874.1
|
986.5
|
Operating Margin
|
-
|
32.53%
|
15.51%
|
16.32%
|
16.09%
|
16.3%
|
15.98%
|
Earnings before Tax (EBT)
1 |
-
|
524.4
|
532.4
|
648.5
|
757.4
|
891.2
|
1,014
|
Net income
1 |
260
|
448.6
|
467.3
|
566.1
|
662
|
780.1
|
888.2
|
Net margin
|
-
|
27.83%
|
13.6%
|
14.24%
|
14.54%
|
14.55%
|
14.39%
|
EPS
2 |
0.8674
|
1.121
|
1.043
|
1.229
|
1.422
|
1.676
|
1.911
|
Free Cash Flow
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF margin
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
2 |
-
|
-
|
0.3714
|
0.7857
|
0.9859
|
0.9475
|
1.407
|
Announcement Date
|
15/04/21
|
08/03/22
|
07/03/23
|
28/04/24
|
-
|
-
|
-
|
Fiscal Period: December |
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
---|
Net sales
|
-
|
1,123
|
991.9
|
-
|
-
|
-
|
-
|
-
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
|
-
|
173.9
|
207.5
|
-
|
-
|
-
|
-
|
-
|
Operating Margin
|
-
|
15.48%
|
20.92%
|
-
|
-
|
-
|
-
|
-
|
Earnings before Tax (EBT)
|
-
|
173.9
|
207.5
|
-
|
-
|
-
|
-
|
-
|
Net income
1 |
128.4
|
160.9
|
169.2
|
146.5
|
183.5
|
168.8
|
-
|
-
|
Net margin
|
-
|
14.33%
|
17.06%
|
-
|
-
|
-
|
-
|
-
|
EPS
2 |
0.2786
|
0.3500
|
0.3643
|
0.3150
|
0.3946
|
0.3629
|
-
|
-
|
Dividend per Share
2 |
-
|
-
|
0.7857
|
-
|
-
|
0.9718
|
-
|
-
|
Announcement Date
|
27/08/23
|
29/10/23
|
28/04/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
-
|
-
|
-
|
1,922
|
1,871
|
1,742
|
1,698
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
ROE (net income / shareholders' equity)
|
-
|
18.9%
|
14.2%
|
14.9%
|
15.5%
|
16.6%
|
17.2%
|
ROA (Net income/ Total Assets)
|
-
|
-
|
-
|
9.65%
|
10.5%
|
10.5%
|
-
|
Assets
1 |
-
|
-
|
-
|
5,869
|
6,305
|
7,430
|
-
|
Book Value Per Share
2 |
-
|
6.340
|
7.760
|
8.620
|
9.520
|
10.50
|
11.50
|
Cash Flow per Share
2 |
-
|
-
|
1.160
|
0.9400
|
1.720
|
1.680
|
1.530
|
Capex
1 |
-
|
-
|
234
|
367
|
265
|
214
|
233
|
Capex / Sales
|
-
|
-
|
6.82%
|
9.22%
|
5.81%
|
4%
|
3.77%
|
Announcement Date
|
15/04/21
|
08/03/22
|
07/03/23
|
28/04/24
|
-
|
-
|
-
|
Last Close Price
13.31
CNY Average target price
19.29
CNY Spread / Average Target +44.95% Consensus |
1st Jan change
|
Capi.
|
---|
| -2.39% | 843M | | +16.27% | 5.44B | | +40.32% | 2.83B | | +19.18% | 1.65B | | -3.99% | 1.59B | | +36.30% | 1.11B | | -35.82% | 921M | | -20.45% | 841M | | +37.40% | 828M | | -33.82% | 700M |
Paper Mills & Products
|