Financials Vanfund Urban Investment and Development Co., Ltd.

Equities

000638

CNE0000008Y5

Food Processing

End-of-day quote Shenzhen S.E. 03:30:00 14/05/2024 am IST 5-day change 1st Jan Change
4.18 CNY +1.70% Intraday chart for Vanfund Urban Investment and Development Co., Ltd. -3.02% -37.80%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,717 1,528 1,884 1,510 2,187 2,089
Enterprise Value (EV) 1 1,689 1,479 1,875 1,478 2,173 2,149
P/E ratio -11.6 x 165 x -102 x 24.4 x 707 x -336 x
Yield - - - - - -
Capitalization / Revenue 16.4 x 13.2 x 17 x 8.63 x 13.9 x 12.5 x
EV / Revenue 16.1 x 12.8 x 16.9 x 8.45 x 13.8 x 12.8 x
EV / EBITDA 68.1 x 55.2 x -448 x 29.1 x 139 x -377 x
EV / FCF 204 x -193 x 398 x -16.6 x 37.2 x 99.5 x
FCF Yield 0.49% -0.52% 0.25% -6.03% 2.69% 1.01%
Price to Book 13.1 x 10.1 x 17.2 x 8.53 x 12.1 x 4.57 x
Nbr of stocks (in thousands) 3,09,400 3,09,400 3,09,400 3,09,400 3,09,400 3,10,793
Reference price 2 5.550 4.940 6.090 4.880 7.070 6.720
Announcement Date 29/04/19 28/06/20 13/04/21 29/04/22 28/04/23 29/04/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 104.7 115.7 111 174.9 157.7 167.5
EBITDA 1 24.8 26.79 -4.183 50.74 15.65 -5.699
EBIT 1 14.23 15.88 -15.78 28.07 10.85 -11.87
Operating Margin 13.59% 13.72% -14.21% 16.05% 6.88% -7.08%
Earnings before Tax (EBT) 1 -123 23.49 -21.86 76.92 9.033 -8.993
Net income 1 -147.5 9.358 -17.06 62.82 4.201 -5.209
Net margin -140.88% 8.09% -15.37% 35.92% 2.66% -3.11%
EPS 2 -0.4800 0.0300 -0.0600 0.2000 0.0100 -0.0200
Free Cash Flow 1 8.261 -7.666 4.71 -89.16 58.42 21.61
FCF margin 7.89% -6.63% 4.24% -50.98% 37.04% 12.9%
FCF Conversion (EBITDA) 33.32% - - - 373.38% -
FCF Conversion (Net income) - - - - 1,390.61% -
Dividend per Share - - - - - -
Announcement Date 29/04/19 28/06/20 13/04/21 29/04/22 28/04/23 29/04/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q1
Net sales -
EBITDA -
EBIT -
Operating Margin -
Earnings before Tax (EBT) -
Net income 1 -6.163
Net margin -
EPS 2 -0.0199
Dividend per Share -
Announcement Date 29/04/22
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - 60.4
Net Cash position 1 28.2 49.7 9.42 31.8 14 -
Leverage (Debt/EBITDA) - - - - - -10.59 x
Free Cash Flow 1 8.26 -7.67 4.71 -89.2 58.4 21.6
ROE (net income / shareholders' equity) -47.7% 9.71% -10.4% 36.1% 3.31% -4.96%
ROA (Net income/ Total Assets) 1.06% 1.55% -1.9% 3.29% 1.2% -1.44%
Assets 1 -13,849 601.9 895.8 1,912 349.8 362.6
Book Value Per Share 2 0.4200 0.4900 0.3500 0.5700 0.5800 1.470
Cash Flow per Share 2 0.4600 0.2000 0.1000 0.4000 0.3200 0.2600
Capex 1 5.95 5.33 0.74 35 9.13 10.9
Capex / Sales 5.69% 4.61% 0.67% 20.02% 5.79% 6.53%
Announcement Date 29/04/19 28/06/20 13/04/21 29/04/22 28/04/23 29/04/24
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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