Financials Springsnow Food Group Co., Ltd.

Equities

605567

CNE100005048

Food Processing

End-of-day quote Shanghai S.E. 03:30:00 24/05/2024 am IST 5-day change 1st Jan Change
9.96 CNY -0.20% Intraday chart for Springsnow Food Group Co., Ltd. +8.14% -21.02%

Valuation

Fiscal Period: December 2021 2022 2023
Capitalization 1 4,260 3,086 2,503
Enterprise Value (EV) 1 3,971 3,064 2,649
P/E ratio 60.9 x 38.6 x -74.2 x
Yield 0.47% 0.97% -
Capitalization / Revenue 2.1 x 1.24 x 0.9 x
EV / Revenue 1.95 x 1.23 x 0.95 x
EV / EBITDA 35.9 x 23.5 x 65.8 x
EV / FCF -3,46,85,814 x -1,42,40,007 x -2,69,32,832 x
FCF Yield -0% -0% -0%
Price to Book 3.91 x 2.68 x 2.35 x
Nbr of stocks (in thousands) 2,00,000 2,00,000 1,98,500
Reference price 2 21.30 15.43 12.61
Announcement Date 28/04/22 26/04/23 26/04/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,599 1,943 1,863 2,033 2,495 2,796
EBITDA 1 126.6 156.3 171 110.5 130.6 40.27
EBIT 1 97.75 125.9 138.9 75.87 89.89 -19.97
Operating Margin 6.11% 6.48% 7.46% 3.73% 3.6% -0.71%
Earnings before Tax (EBT) 1 78.18 104 174.4 67.87 91.75 -15.41
Net income 1 71.95 97.53 148.4 56.58 79.25 -34.69
Net margin 4.5% 5.02% 7.97% 2.78% 3.18% -1.24%
EPS 2 0.4800 0.6500 0.9900 0.3500 0.4000 -0.1700
Free Cash Flow - -4.413 -7.935 -114.5 -215.1 -98.36
FCF margin - -0.23% -0.43% -5.63% -8.62% -3.52%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - 0.1000 0.1500 -
Announcement Date 29/04/21 29/04/21 29/04/21 28/04/22 26/04/23 26/04/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 273 235 158 - - 146
Net Cash position 1 - - - 289 22.4 -
Leverage (Debt/EBITDA) 2.157 x 1.501 x 0.9258 x - - 3.627 x
Free Cash Flow - -4.41 -7.94 -114 -215 -98.4
ROE (net income / shareholders' equity) - 30.9% 34.6% 7.15% 7.08% -3.13%
ROA (Net income/ Total Assets) - 7.72% 7.99% 3.53% 3.14% -0.6%
Assets 1 - 1,263 1,857 1,604 2,521 5,800
Book Value Per Share 2 1.780 2.430 3.280 5.450 5.750 5.370
Cash Flow per Share 2 0.4500 0.8600 0.9100 2.370 1.990 2.350
Capex 1 39.9 47.2 118 179 292 318
Capex / Sales 2.5% 2.43% 6.32% 8.79% 11.71% 11.36%
Announcement Date 29/04/21 29/04/21 29/04/21 28/04/22 26/04/23 26/04/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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