Financials Zhenro Services Group Limited

Equities

6958

KYG9898V1005

Real Estate Services

Market Closed - Hong Kong S.E. 01:38:42 28/06/2024 pm IST 5-day change 1st Jan Change
0.208 HKD -5.45% Intraday chart for Zhenro Services Group Limited -6.73% +11.83%

Valuation

Fiscal Period: December 2020 2021 2022 2023
Capitalization 1 3,484 3,855 632.2 175.4
Enterprise Value (EV) 1 2,061 3,371 83.65 -336.4
P/E ratio 17.3 x 22.1 x -2.25 x -2.16 x
Yield 2.08% - - -
Capitalization / Revenue 3.16 x 2.89 x 0.55 x 0.15 x
EV / Revenue 1.87 x 2.52 x 0.07 x -0.29 x
EV / EBITDA 8.21 x 12.6 x -4.09 x -44 x
EV / FCF 14.6 x 189 x 2.65 x -2.56 x
FCF Yield 6.87% 0.53% 37.7% -39%
Price to Book 2.56 x 2.66 x 0.54 x 0.16 x
Nbr of stocks (in thousands) 10,37,500 10,37,500 10,37,500 10,37,500
Reference price 2 3.358 3.716 0.6094 0.1691
Announcement Date 22/04/21 24/04/22 25/04/23 25/04/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 456.3 716.2 1,103 1,336 1,141 1,146
EBITDA 1 54.58 165 251 267.1 -20.47 7.648
EBIT 1 52.36 159.5 243.4 256.4 -31.77 -0.982
Operating Margin 11.47% 22.26% 22.07% 19.19% -2.78% -0.09%
Earnings before Tax (EBT) 1 53.27 146.5 236.7 233.3 -302.9 -56.6
Net income 1 39.61 105.4 171.6 174.6 -281.3 -81.19
Net margin 8.68% 14.71% 15.57% 13.07% -24.65% -7.09%
EPS - 0.1405 0.1938 0.1683 -0.2712 -0.0783
Free Cash Flow 1 -105.9 730.3 141.5 17.8 31.55 131.2
FCF margin -23.22% 101.96% 12.83% 1.33% 2.76% 11.46%
FCF Conversion (EBITDA) - 442.65% 56.38% 6.67% - 1,716.07%
FCF Conversion (Net income) - 693.14% 82.45% 10.2% - -
Dividend per Share - - 0.0700 - - -
Announcement Date 29/06/20 29/06/20 22/04/21 24/04/22 25/04/23 25/04/24
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 468 - - - - -
Net Cash position 1 - 196 1,423 484 549 512
Leverage (Debt/EBITDA) 8.582 x - - - - -
Free Cash Flow 1 -106 730 142 17.8 31.6 131
ROE (net income / shareholders' equity) 115% 120% 23.2% 12.4% -21.2% -7.26%
ROA (Net income/ Total Assets) 4.15% 14.4% 12.1% 7.13% -0.88% -0.03%
Assets 1 955.4 729.5 1,413 2,448 31,878 2,53,716
Book Value Per Share - 0.1500 1.310 1.400 1.120 1.040
Cash Flow per Share - 0.2900 1.400 0.7100 0.6700 0.5600
Capex 1 2.89 3.88 3.69 6.55 4.01 2.42
Capex / Sales 0.63% 0.54% 0.33% 0.49% 0.35% 0.21%
Announcement Date 29/06/20 29/06/20 22/04/21 24/04/22 25/04/23 25/04/24
1CNY in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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