Financials Zhuzhou Kibing Group Co.,Ltd

Equities

601636

CNE100001666

Construction Supplies & Fixtures

End-of-day quote Shanghai S.E. 03:30:00 16/07/2024 am IST 5-day change 1st Jan Change
6.02 CNY -2.11% Intraday chart for Zhuzhou Kibing Group Co.,Ltd -4.90% -11.99%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 14,755 33,695 45,421 30,263 18,156 16,054 - -
Enterprise Value (EV) 1 17,172 34,847 43,793 33,249 25,119 26,098 23,724 25,832
P/E ratio 10.6 x 18.6 x 11 x 23.3 x 10.6 x 8.02 x 7.09 x 6.07 x
Yield 5.46% 2.73% 4.68% 2.19% 4.82% 6.51% 7.05% 6.27%
Capitalization / Revenue 1.59 x 3.49 x 3.12 x 2.27 x 1.16 x 0.8 x 0.68 x 0.61 x
EV / Revenue 1.85 x 3.61 x 3.01 x 2.5 x 1.6 x 1.3 x 1.01 x 0.99 x
EV / EBITDA 6.69 x 11.3 x 7.4 x 13.3 x 7.63 x 6.48 x 5.08 x 4.81 x
EV / FCF - - 12 x -10.5 x - 18.9 x 14.9 x 10.6 x
FCF Yield - - 8.32% -9.57% - 5.3% 6.72% 9.45%
Price to Book 1.79 x 3.63 x 3.51 x 2.48 x 1.35 x 1.08 x 0.99 x 0.88 x
Nbr of stocks (in thousands) 26,87,703 26,32,441 26,56,173 26,56,992 26,54,445 26,57,969 - -
Reference price 2 5.490 12.80 17.10 11.39 6.840 6.020 6.020 6.020
Announcement Date 09/04/20 28/02/21 07/04/22 25/04/23 28/03/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 9,306 9,644 14,573 13,313 15,683 20,069 23,523 26,189
EBITDA 1 2,566 3,084 5,917 2,506 3,291 4,028 4,668 5,374
EBIT 1 1,581 2,097 4,914 1,421 2,012 2,413 2,769 3,079
Operating Margin 16.99% 21.75% 33.72% 10.67% 12.83% 12.03% 11.77% 11.76%
Earnings before Tax (EBT) 1 1,568 2,096 4,912 1,435 1,972 2,365 2,716 3,039
Net income 1 1,346 1,825 4,234 1,317 1,751 2,047 2,305 2,669
Net margin 14.47% 18.93% 29.05% 9.89% 11.17% 10.2% 9.8% 10.19%
EPS 2 0.5159 0.6871 1.558 0.4890 0.6437 0.7510 0.8491 0.9925
Free Cash Flow 1 - - 3,643 -3,181 - 1,382 1,595 2,441
FCF margin - - 25% -23.9% - 6.89% 6.78% 9.32%
FCF Conversion (EBITDA) - - 61.57% - - 34.31% 34.17% 45.42%
FCF Conversion (Net income) - - 86.06% - - 67.53% 69.21% 91.47%
Dividend per Share 2 0.3000 0.3500 0.8000 0.2500 0.3300 0.3922 0.4246 0.3775
Announcement Date 09/04/20 28/02/21 07/04/22 25/04/23 28/03/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 3,807 3,063 3,429 3,347 3,474 3,131 3,754 6,885 4,300 5,844 3,857 4,411 5,159 5,986
EBITDA - - - - - - - - - - - - - -
EBIT 1 737.1 604.1 649.1 187.1 -19.63 121.4 610.2 - 672.7 571.3 561.4 507.3 593.3 748.2
Operating Margin 19.36% 19.72% 18.93% 5.59% -0.56% 3.88% 16.25% - 15.65% 9.78% 14.56% 11.5% 11.5% 12.5%
Earnings before Tax (EBT) - - - - - - - - - - - - - -
Net income - - - - - - - - - - 441.9 - - -
Net margin - - - - - - - - - - 11.46% - - -
EPS 2 0.2200 0.1907 0.2000 0.0700 0.0300 0.0446 0.2000 - 0.2200 0.1800 0.1622 0.1600 0.1900 0.1800
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 07/04/22 11/04/22 30/08/22 26/10/22 25/04/23 25/04/23 28/08/23 28/08/23 13/10/23 28/03/24 24/04/24 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 2,416 1,151 - 2,986 6,962 10,044 7,669 9,778
Net Cash position 1 - - 1,628 - - - - -
Leverage (Debt/EBITDA) 0.9419 x 0.3734 x - 1.192 x 2.115 x 2.494 x 1.643 x 1.819 x
Free Cash Flow 1 - - 3,643 -3,181 - 1,382 1,595 2,441
ROE (net income / shareholders' equity) 17.2% 20.8% 37.9% 10.4% 13.3% 13.6% 14% 14.7%
ROA (Net income/ Total Assets) 10.4% 13.4% 24% 5.8% 5.48% 5.9% 5.73% 5.7%
Assets 1 12,951 13,661 17,625 22,688 31,953 34,689 40,257 46,816
Book Value Per Share 2 3.060 3.530 4.880 4.600 5.050 5.570 6.080 6.840
Cash Flow per Share 2 0.7500 1.160 1.890 0.2100 0.5800 1.330 1.530 1.610
Capex 1 714 1,141 1,430 3,749 5,309 4,585 4,028 3,948
Capex / Sales 7.67% 11.83% 9.81% 28.16% 33.85% 22.85% 17.12% 15.08%
Announcement Date 09/04/20 28/02/21 07/04/22 25/04/23 28/03/24 - - -
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
C-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
12
Last Close Price
6.02 CNY
Average target price
9.233 CNY
Spread / Average Target
+53.38%
Consensus
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  3. 601636 Stock
  4. Financials Zhuzhou Kibing Group Co.,Ltd