End-of-day quote
Shenzhen S.E.
03:30:00 28/06/2024 am IST
|
5-day change
|
1st Jan Change
|
15.33
CNY
|
-1.35%
|
|
-4.60%
|
-3.89%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
19,114
|
23,630
|
20,146
|
16,480
|
15,283
|
14,590
|
-
|
-
|
Enterprise Value (EV)
1 |
18,247
|
22,224
|
19,851
|
16,697
|
14,768
|
13,659
|
13,165
|
12,665
|
P/E ratio
|
17.8
x
|
19.8
x
|
171
x
|
15.5
x
|
11.6
x
|
10.1
x
|
9.17
x
|
8.25
x
|
Yield
|
2.63%
|
2.32%
|
2.7%
|
3.85%
|
6.27%
|
7.21%
|
6.62%
|
7.12%
|
Capitalization / Revenue
|
2.49
x
|
2.83
x
|
1.94
x
|
1.47
x
|
1.31
x
|
1.13
x
|
1.04
x
|
0.95
x
|
EV / Revenue
|
2.37
x
|
2.66
x
|
1.91
x
|
1.49
x
|
1.27
x
|
1.06
x
|
0.94
x
|
0.82
x
|
EV / EBITDA
|
10.8
x
|
11.8
x
|
22.9
x
|
9.57
x
|
6.92
x
|
5.63
x
|
5.06
x
|
4.47
x
|
EV / FCF
|
29.5
x
|
31.8
x
|
-35.8
x
|
33.9
x
|
7.8
x
|
10.5
x
|
7.89
x
|
6.41
x
|
FCF Yield
|
3.39%
|
3.15%
|
-2.79%
|
2.95%
|
12.8%
|
9.52%
|
12.7%
|
15.6%
|
Price to Book
|
3.52
x
|
3.86
x
|
3.59
x
|
2.87
x
|
2.19
x
|
1.9
x
|
1.72
x
|
1.53
x
|
Nbr of stocks (in thousands)
|
9,12,370
|
9,12,370
|
9,07,477
|
9,07,477
|
9,58,154
|
9,51,703
|
-
|
-
|
Reference price
2 |
20.95
|
25.90
|
22.20
|
18.16
|
15.95
|
15.33
|
15.33
|
15.33
|
Announcement Date
|
02/02/20
|
11/04/21
|
11/04/22
|
09/04/23
|
22/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
7,686
|
8,353
|
10,407
|
11,223
|
11,666
|
12,913
|
14,062
|
15,408
|
EBITDA
1 |
1,695
|
1,891
|
866.2
|
1,746
|
2,135
|
2,425
|
2,601
|
2,832
|
EBIT
1 |
1,348
|
1,525
|
446.8
|
1,287
|
1,623
|
1,882
|
2,063
|
2,318
|
Operating Margin
|
17.54%
|
18.26%
|
4.29%
|
11.47%
|
13.92%
|
14.57%
|
14.67%
|
15.05%
|
Earnings before Tax (EBT)
1 |
1,347
|
1,521
|
446
|
1,291
|
1,619
|
1,852
|
2,035
|
2,277
|
Net income
1 |
1,077
|
1,192
|
122.6
|
1,064
|
1,261
|
1,451
|
1,605
|
1,783
|
Net margin
|
14.02%
|
14.27%
|
1.18%
|
9.48%
|
10.81%
|
11.24%
|
11.41%
|
11.57%
|
EPS
2 |
1.180
|
1.310
|
0.1300
|
1.170
|
1.380
|
1.513
|
1.672
|
1.858
|
Free Cash Flow
1 |
618.1
|
699.6
|
-554.3
|
493.1
|
1,894
|
1,301
|
1,669
|
1,976
|
FCF margin
|
8.04%
|
8.38%
|
-5.33%
|
4.39%
|
16.24%
|
10.07%
|
11.87%
|
12.82%
|
FCF Conversion (EBITDA)
|
36.46%
|
36.99%
|
-
|
28.25%
|
88.73%
|
53.63%
|
64.17%
|
69.76%
|
FCF Conversion (Net income)
|
57.36%
|
58.68%
|
-
|
46.33%
|
150.18%
|
89.65%
|
103.97%
|
110.79%
|
Dividend per Share
2 |
0.5500
|
0.6000
|
0.6000
|
0.7000
|
1.000
|
1.105
|
1.015
|
1.091
|
Announcement Date
|
02/02/20
|
11/04/21
|
11/04/22
|
09/04/23
|
22/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2020 S1
|
2020 S2
|
2021 S1
|
2021 Q4
|
2021 S2
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2022 S2
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
---|
Net sales
1 |
2,555
|
5,798
|
4,300
|
3,163
|
6,107
|
1,999
|
2,782
|
3,153
|
3,289
|
6,442
|
1,805
|
2,939
|
3,457
|
3,465
|
2,111
|
3,107
|
3,641
|
3,712
|
-
|
-
|
EBITDA
1 |
621.6
|
-
|
-
|
-
|
129.9
|
239.6
|
410.4
|
613.5
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
623.2
|
680.5
|
757
|
-
|
-
|
EBIT
1 |
440.5
|
1,084
|
-
|
-617.5
|
-94.02
|
144.1
|
336.7
|
492.9
|
313.4
|
806.3
|
131.1
|
455.5
|
601.3
|
435.6
|
223
|
477.9
|
535.2
|
611.7
|
-
|
-
|
Operating Margin
|
17.24%
|
18.7%
|
-
|
-19.52%
|
-1.54%
|
7.21%
|
12.1%
|
15.63%
|
9.53%
|
12.52%
|
7.26%
|
15.5%
|
17.4%
|
12.57%
|
10.56%
|
15.38%
|
14.7%
|
16.48%
|
-
|
-
|
Earnings before Tax (EBT)
1 |
438.3
|
1,083
|
-
|
-616.5
|
-94.47
|
142.8
|
343.4
|
489.7
|
315.1
|
804.8
|
131.1
|
453.9
|
600.8
|
433.4
|
220.2
|
458.2
|
513.2
|
586.5
|
-
|
-
|
Net income
1 |
342.7
|
849.6
|
445.9
|
-726.3
|
-323.3
|
114.5
|
297.4
|
391.6
|
260.8
|
652.4
|
104.3
|
395.3
|
452.8
|
308.8
|
165.5
|
356.9
|
399.8
|
456.9
|
-
|
-
|
Net margin
|
13.41%
|
14.65%
|
10.37%
|
-22.96%
|
-5.29%
|
5.73%
|
10.69%
|
12.42%
|
7.93%
|
10.13%
|
5.78%
|
13.45%
|
13.1%
|
8.91%
|
7.84%
|
11.49%
|
10.98%
|
12.31%
|
-
|
-
|
EPS
2 |
-
|
-
|
-
|
-0.8000
|
-
|
0.1262
|
0.3200
|
0.4400
|
0.2800
|
-
|
0.1150
|
0.4300
|
0.5000
|
0.3300
|
0.1734
|
0.4650
|
0.5050
|
0.3500
|
-
|
-
|
Dividend per Share
2 |
-
|
-
|
-
|
0.6000
|
-
|
-
|
-
|
-
|
0.7000
|
-
|
-
|
-
|
-
|
1.000
|
-
|
-
|
-
|
0.5224
|
-
|
-
|
Announcement Date
|
30/08/20
|
11/04/21
|
27/08/21
|
11/04/22
|
11/04/22
|
27/04/22
|
30/08/22
|
27/10/22
|
09/04/23
|
09/04/23
|
27/04/23
|
30/08/23
|
30/10/23
|
22/03/24
|
29/04/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
217
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
867
|
1,407
|
295
|
-
|
515
|
930
|
1,425
|
1,925
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
0.1243
x
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
618
|
700
|
-554
|
493
|
1,894
|
1,301
|
1,669
|
1,976
|
ROE (net income / shareholders' equity)
|
21.3%
|
20.9%
|
2.1%
|
18.2%
|
20.9%
|
19.1%
|
19.2%
|
19.1%
|
ROA (Net income/ Total Assets)
|
13.2%
|
12.3%
|
1.05%
|
8.69%
|
9.48%
|
10.1%
|
10.3%
|
10.3%
|
Assets
1 |
8,148
|
9,676
|
11,648
|
12,242
|
13,306
|
14,319
|
15,525
|
17,288
|
Book Value Per Share
2 |
5.960
|
6.710
|
6.180
|
6.340
|
7.280
|
8.070
|
8.900
|
9.990
|
Cash Flow per Share
2 |
1.430
|
1.260
|
1.560
|
1.490
|
2.760
|
1.650
|
2.590
|
2.610
|
Capex
1 |
683
|
445
|
1,973
|
870
|
759
|
744
|
694
|
739
|
Capex / Sales
|
8.89%
|
5.33%
|
18.96%
|
7.75%
|
6.51%
|
5.77%
|
4.93%
|
4.8%
|
Announcement Date
|
02/02/20
|
11/04/21
|
11/04/22
|
09/04/23
|
22/03/24
|
-
|
-
|
-
|
Last Close Price
15.33
CNY Average target price
18.85
CNY Spread / Average Target +22.94% Consensus |
1st Jan change
|
Capi.
|
---|
| -3.89% | 200.77Cr | | -7.12% | 821.94Cr | | -7.74% | 361.42Cr | | -5.67% | 158.37Cr | | -26.23% | 119.32Cr | | +22.71% | 107.53Cr | | +1.88% | 90Cr | | -5.30% | 79Cr | | +14.39% | 73Cr | | -12.63% | 71Cr |
Furniture
|