MODERN AVENUE GROUP CO., LTD. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 1.12 CNY | +3.70% |
|
-16.42% | -38.46% |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 4,418 | 2,800 | 1,040 | 1,974 | 1,853 | 1,297 |
| Enterprise Value (EV) 1 | 4,594 | 2,837 | 451 | 1,714 | 1,670 | 1,297 |
| P/E ratio | 159 x | -1.91 x | 142 x | -95.2 x | -47.2 x | -14.6 x |
| Yield | 0.06% | - | - | - | - | - |
| Capitalization / Revenue | 2.83 x | 2.04 x | 2.03 x | 5.12 x | 8.06 x | 4.48 x |
| EV / Revenue | 2.94 x | 2.07 x | 0.88 x | 4.45 x | 7.27 x | 4.48 x |
| EV / EBITDA | 44.9 x | -5.51 x | -5.93 x | -47.5 x | -19.9 x | -117 x |
| EV / FCF | -14.9 x | -10.5 x | 0.98 x | -38.3 x | 227 x | - |
| FCF Yield | -6.69% | -9.54% | 102% | -2.61% | 0.44% | - |
| Price to Book | 1.86 x | 3.68 x | 1.37 x | 2.63 x | 3.66 x | - |
| Nbr of stocks (in thousands) | 7,12,520 | 7,12,520 | 7,12,520 | 7,12,520 | 7,12,520 | 7,12,520 |
| Reference price 2 | 6.200 | 3.930 | 1.460 | 2.770 | 2.600 | 1.820 |
| Announcement Date | 26/04/19 | 29/05/20 | 15/04/21 | 26/04/22 | 29/06/23 | 28/04/24 |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 1,562 | 1,372 | 511.9 | 385.2 | 229.9 | 289.5 |
| EBITDA 1 | 102.3 | -515 | -76.05 | -36.05 | -84.13 | -11.09 |
| EBIT 1 | 55.1 | -570.7 | -86.25 | -43.51 | -89.47 | -15.45 |
| Operating Margin | 3.53% | -41.6% | -16.85% | -11.3% | -38.92% | -5.34% |
| Earnings before Tax (EBT) 1 | 14.95 | -1,573 | 15.23 | 41.89 | -13.2 | -88.55 |
| Net income 1 | 27.85 | -1,468 | 7.318 | -20.71 | -41.4 | -89.05 |
| Net margin | 1.78% | -107.04% | 1.43% | -5.38% | -18.01% | -30.76% |
| EPS 2 | 0.0391 | -2.061 | 0.0103 | -0.0291 | -0.0551 | -0.1250 |
| Free Cash Flow 1 | -307.4 | -270.6 | 461.4 | -44.72 | 7.359 | - |
| FCF margin | -19.68% | -19.73% | 90.12% | -11.61% | 3.2% | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | 6,304.85% | - | - | - |
| Dividend per Share 2 | 0.004000 | - | - | - | - | - |
| Announcement Date | 26/04/19 | 29/05/20 | 15/04/21 | 26/04/22 | 29/06/23 | 28/04/24 |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 176 | 36.3 | - | - | - | - |
| Net Cash position 1 | - | - | 589 | 260 | 182 | - |
| Leverage (Debt/EBITDA) | 1.724 x | -0.0705 x | - | - | - | - |
| Free Cash Flow 1 | -307 | -271 | 461 | -44.7 | 7.36 | - |
| ROE (net income / shareholders' equity) | 0.32% | -94.4% | 0.97% | -2.74% | -7.67% | -18.5% |
| ROA (Net income/ Total Assets) | 1.02% | -13.6% | -3.51% | -2.35% | -6.49% | - |
| Assets 1 | 2,718 | 10,778 | -208.5 | 879.4 | 638.1 | - |
| Book Value Per Share 2 | 3.340 | 1.070 | 1.070 | 1.050 | 0.7100 | - |
| Cash Flow per Share 2 | 0.4300 | 0.3400 | 0.8300 | 0.4500 | 0.1500 | - |
| Capex 1 | 177 | 34.7 | 63 | 6.31 | 19.3 | 19.5 |
| Capex / Sales | 11.34% | 2.53% | 12.3% | 1.64% | 8.41% | 6.75% |
| Announcement Date | 26/04/19 | 29/05/20 | 15/04/21 | 26/04/22 | 29/06/23 | 28/04/24 |
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. | |
|---|---|---|
| -38.46% | 106M | |
| -10.32% | 752M | |
| +21.85% | 404M | |
| -27.26% | 271M | |
| 0.00% | 151M | |
| +14.91% | 142M | |
| +28.29% | 107M | |
| +19.15% | 79.86M | |
| -1.15% | 69.87M | |
| +11.11% | 66.84M |
- Stock Market
- Equities
- 002656 Stock
- Financials Modern Avenue Group Co., Ltd.