ZHENGZHOU QIANWEIYANGCHU FOOD CO., LTD. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 37.34 CNY | +2.30% |
|
-2.89% | -29.29% |
Valuation
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 4,954 | 5,682 | 4,576 | 3,672 | - | - |
| Enterprise Value (EV) 1 | 4,954 | 5,474 | 4,487 | 3,640 | 3,727 | 3,657 |
| P/E ratio | 46.6 x | 55.6 x | 33.9 x | 21.9 x | 16 x | 14.4 x |
| Yield | 0.26% | 0.26% | 0.36% | 0.61% | 1.07% | 0.9% |
| Capitalization / Revenue | 3.89 x | 3.82 x | 2.41 x | 1.65 x | 1.37 x | 1.22 x |
| EV / Revenue | 3.89 x | 3.68 x | 2.36 x | 1.64 x | 1.39 x | 1.21 x |
| EV / EBITDA | 32.4 x | 31.3 x | 19.7 x | 11.5 x | 9.67 x | 8.36 x |
| EV / FCF | -58.4 x | -540 x | -98.7 x | 53.5 x | 16.9 x | - |
| FCF Yield | -1.71% | -0.19% | -1.01% | 1.87% | 5.9% | - |
| Price to Book | 5.29 x | 5.35 x | 3.77 x | 2.19 x | 1.95 x | 1.69 x |
| Nbr of stocks (in thousands) | 85,104 | 86,673 | 86,642 | 99,266 | - | - |
| Reference price 2 | 58.21 | 65.56 | 52.81 | 37.34 | 37.34 | 37.34 |
| Announcement Date | 28/04/22 | 18/04/23 | 26/04/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Net sales 1 | 1,274 | 1,489 | 1,901 | 2,219 | 2,678 | 3,012 |
| EBITDA 1 | 153.1 | 174.8 | 227.4 | 316 | 385.2 | 437.6 |
| EBIT 1 | 111.5 | 123.3 | 161.1 | 206.6 | 275 | 314.8 |
| Operating Margin | 8.76% | 8.29% | 8.47% | 9.31% | 10.27% | 10.45% |
| Earnings before Tax (EBT) 1 | 113.3 | 129.3 | 174.1 | 220 | 287.2 | 331.9 |
| Net income 1 | 88.46 | 101.9 | 134.3 | 169.6 | 222.7 | 257.3 |
| Net margin | 6.94% | 6.85% | 7.06% | 7.64% | 8.32% | 8.54% |
| EPS 2 | 1.250 | 1.180 | 1.560 | 1.708 | 2.334 | 2.591 |
| Free Cash Flow 1 | -84.85 | -10.13 | -45.44 | 68 | 220 | - |
| FCF margin | -6.66% | -0.68% | -2.39% | 3.06% | 8.21% | - |
| FCF Conversion (EBITDA) | - | - | - | 21.52% | 57.11% | - |
| FCF Conversion (Net income) | - | - | - | 40.09% | 98.8% | - |
| Dividend per Share 2 | 0.1500 | 0.1700 | 0.1900 | 0.2275 | 0.4000 | 0.3367 |
| Announcement Date | 28/04/22 | 18/04/23 | 26/04/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2022 S1 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 381.7 | 458.1 | 429 | 421.8 | 477.2 | 572.7 | 463.5 | 459.8 | 553.6 | 668.3 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | - | 30.24 | 40.16 | 40.54 | 29.11 | 38.28 | 53.12 | 43.81 | 25.26 | 45.62 | 65.76 |
| Operating Margin | - | 7.92% | 8.77% | 9.45% | 6.9% | 8.02% | 9.27% | 9.45% | 5.49% | 8.24% | 9.84% |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - | - |
| Net income | 45.75 | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - | - |
| EPS | 0.5300 | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 25/08/22 | 24/10/22 | 18/04/23 | 26/04/23 | 29/08/23 | 24/10/23 | 26/04/24 | 27/04/24 | - | - | - |
1CNY in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | 54.7 | - |
| Net Cash position 1 | - | 208 | 88.3 | 31.9 | - | 14.9 |
| Leverage (Debt/EBITDA) | - | - | - | - | 0.1421 x | - |
| Free Cash Flow 1 | -84.9 | -10.1 | -45.4 | 68 | 220 | - |
| ROE (net income / shareholders' equity) | 12.7% | 10.1% | 11.9% | 10% | 12.4% | 11.8% |
| ROA (Net income/ Total Assets) | 7.45% | - | - | 7.12% | 7.94% | 8.01% |
| Assets 1 | 1,187 | - | - | 2,384 | 2,804 | 3,214 |
| Book Value Per Share 2 | 11.00 | 12.20 | 14.00 | 17.10 | 19.10 | 22.10 |
| Cash Flow per Share 2 | 1.140 | 2.430 | 2.300 | 3.040 | 3.150 | 4.260 |
| Capex 1 | 183 | 221 | 244 | 194 | 189 | 149 |
| Capex / Sales | 14.35% | 14.83% | 12.85% | 8.75% | 7.04% | 4.95% |
| Announcement Date | 28/04/22 | 18/04/23 | 26/04/24 | - | - | - |
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
Sell
Buy
Mean consensus
BUY
Number of Analysts
14
Last Close Price
37.34
CNY
Average target price
49.16
CNY
Spread / Average Target
+31.65%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -29.29% | 512M | |
| +4.13% | 7.58B | |
| -7.12% | 3.93B | |
| +7.91% | 2.98B | |
| -2.46% | 1.59B | |
| +14.30% | 917M | |
| +4.17% | 483M | |
| +35.10% | 479M | |
| +13.10% | 423M | |
| +91.35% | 413M |
- Stock Market
- Equities
- 001215 Stock
- Financials Zhengzhou Qianweiyangchu Food Co., Ltd.