NINGBO TUOPU GROUP CO.,LTD. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 64.54 CNY | +7.94% |
|
+25.32% | -12.19% |
| 26/04 | Ningbo Tuopu Group Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
| 25/04 | Great Wall Motor Shares Jump on Surging Profit, Revenue | DJ |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 18,388 | 40,543 | 58,408 | 64,558 | 81,001 | 75,046 | - | - |
| Enterprise Value (EV) 1 | 18,312 | 40,156 | 58,681 | 68,101 | 85,378 | 79,844 | 79,458 | 77,377 |
| P/E ratio | 40.5 x | 64.1 x | 57 x | 38 x | 37.7 x | 26.2 x | 19.8 x | 16.7 x |
| Yield | 1.09% | 0.45% | 0.52% | 0.79% | 0.76% | 1.09% | 1.4% | 1.69% |
| Capitalization / Revenue | 3.43 x | 6.23 x | 5.1 x | 4.04 x | 4.11 x | 2.86 x | 2.2 x | 1.89 x |
| EV / Revenue | 3.42 x | 6.17 x | 5.12 x | 4.26 x | 4.33 x | 3.05 x | 2.33 x | 1.95 x |
| EV / EBITDA | 19.9 x | 34.3 x | 33.2 x | 24.2 x | 23.1 x | 16.7 x | 13.1 x | 10.9 x |
| EV / FCF | 60.9 x | -153 x | -25.7 x | -21.8 x | 410 x | 186 x | 52.9 x | 60.3 x |
| FCF Yield | 1.64% | -0.65% | -3.89% | -4.58% | 0.24% | 0.54% | 1.89% | 1.66% |
| Price to Book | 2.49 x | 5.21 x | 5.52 x | 5.39 x | 5.88 x | 4.37 x | 3.62 x | 3.02 x |
| Nbr of stocks (in thousands) | 10,54,988 | 10,54,988 | 11,02,047 | 11,02,047 | 11,02,049 | 11,62,776 | - | - |
| Reference price 2 | 17.43 | 38.43 | 53.00 | 58.58 | 73.50 | 64.54 | 64.54 | 64.54 |
| Announcement Date | 28/04/20 | 06/04/21 | 14/03/22 | 09/04/23 | 15/03/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 5,359 | 6,511 | 11,463 | 15,993 | 19,729 | 26,216 | 34,038 | 39,748 |
| EBITDA 1 | 919.9 | 1,169 | 1,770 | 2,813 | 3,701 | 4,788 | 6,045 | 7,097 |
| EBIT 1 | 531.5 | 706.1 | 1,145 | 1,978 | 2,502 | 3,354 | 4,321 | 5,114 |
| Operating Margin | 9.92% | 10.84% | 9.99% | 12.37% | 12.68% | 12.79% | 12.7% | 12.87% |
| Earnings before Tax (EBT) 1 | 528.8 | 710.1 | 1,146 | 1,960 | 2,486 | 3,267 | 4,280 | 5,070 |
| Net income 1 | 456.2 | 628.2 | 1,017 | 1,700 | 2,153 | 2,837 | 3,729 | 4,427 |
| Net margin | 8.51% | 9.65% | 8.87% | 10.63% | 10.91% | 10.82% | 10.96% | 11.14% |
| EPS 2 | 0.4300 | 0.6000 | 0.9300 | 1.540 | 1.950 | 2.467 | 3.258 | 3.858 |
| Free Cash Flow 1 | 300.8 | -261.8 | -2,282 | -3,119 | 208.4 | 429 | 1,502 | 1,284 |
| FCF margin | 5.61% | -4.02% | -19.91% | -19.5% | 1.06% | 1.64% | 4.41% | 3.23% |
| FCF Conversion (EBITDA) | 32.71% | - | - | - | 5.63% | 8.96% | 24.85% | 18.09% |
| FCF Conversion (Net income) | 65.94% | - | - | - | 9.68% | 15.12% | 40.29% | 29% |
| Dividend per Share 2 | 0.1900 | 0.1720 | 0.2780 | 0.4630 | 0.5560 | 0.7026 | 0.9033 | 1.088 |
| Announcement Date | 28/04/20 | 06/04/21 | 14/03/22 | 09/04/23 | 15/03/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 3,640 | - | 4,889 | 4,469 | 4,692 | 4,991 | 5,577 | 5,688 | 5,071 | 6,761 | 7,727 | - | - |
| EBITDA 1 | - | - | - | - | - | - | - | - | 973.4 | 1,298 | 1,483 | - | - |
| EBIT 1 | - | - | 508.7 | - | 732.8 | 568 | 648.7 | 745.5 | 693.3 | 924.4 | 1,057 | - | - |
| Operating Margin | - | - | 10.4% | - | 15.62% | 11.38% | 11.63% | 13.11% | 13.67% | 13.67% | 13.67% | - | - |
| Earnings before Tax (EBT) 1 | - | - | - | - | 728.9 | 567.2 | 644.6 | 783.5 | 683.9 | 920.8 | 1,056 | - | - |
| Net income 1 | 263.9 | 500.9 | - | - | 643.8 | 503 | 555.6 | 645.4 | 595.3 | 802.6 | 921.1 | - | - |
| Net margin | 7.25% | - | - | - | 13.72% | 10.08% | 9.96% | 11.35% | 11.74% | 11.87% | 11.92% | - | - |
| EPS 2 | - | 0.4200 | 0.4800 | - | 0.5800 | 0.4600 | 0.5000 | 0.5600 | 0.5651 | 0.5941 | 0.8129 | 0.6200 | 0.7400 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | 0.7188 | - | - |
| Announcement Date | 14/03/22 | 27/10/22 | 09/04/23 | 21/04/23 | 28/08/23 | 30/10/23 | 15/03/24 | 26/04/24 | - | - | - | - | - |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | 272 | 3,543 | 4,377 | 4,798 | 4,412 | 2,332 |
| Net Cash position 1 | 76.8 | 387 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | 0.1538 x | 1.26 x | 1.183 x | 1.002 x | 0.7298 x | 0.3286 x |
| Free Cash Flow 1 | 301 | -262 | -2,282 | -3,119 | 208 | 429 | 1,503 | 1,284 |
| ROE (net income / shareholders' equity) | 6.25% | 8.29% | 10.4% | 15% | 16.7% | 18.3% | 19.3% | 19.1% |
| ROA (Net income/ Total Assets) | 4.12% | 5.38% | 6.61% | 7.36% | 7.38% | 8.41% | 8.72% | 9.09% |
| Assets 1 | 11,068 | 11,674 | 15,399 | 23,096 | 29,175 | 33,741 | 42,763 | 48,690 |
| Book Value Per Share 2 | 6.990 | 7.380 | 9.610 | 10.90 | 12.50 | 14.80 | 17.80 | 21.40 |
| Cash Flow per Share 2 | 1.170 | 1.070 | 1.080 | 2.070 | 3.050 | 4.080 | 4.590 | 5.980 |
| Capex 1 | 939 | 1,385 | 3,521 | 5,403 | 3,157 | 3,164 | 3,430 | 3,572 |
| Capex / Sales | 17.51% | 21.28% | 30.71% | 33.78% | 16% | 12.07% | 10.08% | 8.99% |
| Announcement Date | 28/04/20 | 06/04/21 | 14/03/22 | 09/04/23 | 15/03/24 | - | - | - |
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
BUY
Number of Analysts
19
Last Close Price
64.54
CNY
Average target price
75.87
CNY
Spread / Average Target
+17.55%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -12.19% | 10.37B | |
| +26.54% | 51.22B | |
| +24.69% | 20.5B | |
| -19.29% | 19.74B | |
| +30.52% | 17.09B | |
| -3.16% | 15.13B | |
| -13.78% | 14.21B | |
| -20.75% | 13.06B | |
| +35.95% | 11.79B | |
| +29.36% | 10.62B |
- Stock Market
- Equities
- 601689 Stock
- Financials Ningbo Tuopu Group Co.,Ltd.
