Financials Beijing Dabeinong Technology Group Co.,Ltd.

Equities

002385

CNE100000N61

Fishing & Farming

End-of-day quote Shenzhen S.E. 18:00:00 2024-06-27 EDT 5-day change 1st Jan Change
3.85 CNY -3.02% Intraday chart for Beijing Dabeinong Technology Group Co.,Ltd. -5.64% -35.40%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 20,893 40,527 43,442 36,853 24,651 15,832 - -
Enterprise Value (EV) 1 20,893 43,148 46,165 41,708 32,705 23,140 23,185 21,838
P/E ratio 41.5 x 20.1 x -95.4 x 890 x -11.2 x 67.9 x 14.8 x 12.1 x
Yield 4.62% 0.52% - 0.56% - 0.49% 1.71% 0.43%
Capitalization / Revenue 1.26 x 1.78 x 1.39 x 1.14 x 0.74 x 0.46 x 0.35 x 0.35 x
EV / Revenue 1.26 x 1.89 x 1.47 x 1.29 x 0.98 x 0.67 x 0.52 x 0.48 x
EV / EBITDA 16.9 x 12 x 184 x 30.4 x -21.4 x 11.2 x 6.8 x 6.06 x
EV / FCF - - - - -41.6 x 3.77 x 5.17 x -
FCF Yield - - - - -2.4% 26.6% 19.3% -
Price to Book 2.08 x 3.68 x 4.05 x 3.43 x 3.05 x 1.9 x 1.67 x 1.63 x
Nbr of stocks (in thousands) 4,195,329 4,195,329 4,141,282 4,140,742 4,136,083 4,112,242 - -
Reference price 2 4.980 9.660 10.49 8.900 5.960 3.850 3.850 3.850
Announcement Date 3/1/20 4/20/21 4/22/22 4/25/23 4/25/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 16,578 22,814 31,328 32,397 33,390 34,751 44,997 45,347
EBITDA 1 1,234 3,587 251.4 1,371 -1,532 2,060 3,409 3,605
EBIT 1 675.1 2,833 -688.9 376.2 -2,485 144.5 2,377 1,599
Operating Margin 4.07% 12.42% -2.2% 1.16% -7.44% 0.42% 5.28% 3.53%
Earnings before Tax (EBT) 1 704.3 2,801 -735.8 317.6 -2,575 366.7 1,954 1,713
Net income 1 513.3 1,956 -440.3 55.6 -2,174 224.4 1,077 1,309
Net margin 3.1% 8.57% -1.41% 0.17% -6.51% 0.65% 2.39% 2.89%
EPS 2 0.1200 0.4800 -0.1100 0.0100 -0.5300 0.0567 0.2608 0.3180
Free Cash Flow 1 - - - - -785.9 6,146 4,481 -
FCF margin - - - - -2.35% 17.69% 9.96% -
FCF Conversion (EBITDA) - - - - - 298.41% 131.43% -
FCF Conversion (Net income) - - - - - 2,739.22% 416.01% -
Dividend per Share 2 0.2300 0.0500 - 0.0500 - 0.0190 0.0657 0.0164
Announcement Date 3/1/20 4/20/21 4/22/22 4/25/23 4/25/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 Q4 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2022 S2 2023 Q1 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 S1 2024 Q3 2024 Q4 2024 S2 2025 Q1 2025 Q2 2025 S1 2025 S2
Net sales 1 - 7,887 - 6,933 13,393 8,701 10,302 19,004 7,775 8,265 9,459 6,707 9,080 14,843 9,510 10,884 21,741 - - 21,171 29,572
EBITDA - - - - - - - - - - - - - - - - - - - - -
EBIT 1 - -805.2 - -317.9 -562.3 322.1 616.4 938.5 - -127.8 -1,411 -58.67 -14.06 - 167.6 79.2 - - - - -
Operating Margin - -10.21% - -4.58% -4.2% 3.7% 5.98% 4.94% - -1.55% -14.91% -0.87% -0.15% - 1.76% 0.73% - - - - -
Earnings before Tax (EBT) 1 - -803.8 - - - - - - - -147.3 -1,424 -233.6 -163.3 - 18.32 -70.08 - - - - -
Net income 1 893.1 -547.8 -232.6 -277.9 - 181.9 384.2 - - -134.4 -1,265 -209.5 -136.6 - 15.32 -58.61 - - - - -
Net margin - -6.95% - -4.01% - 2.09% 3.73% - - -1.63% -13.38% -3.12% -1.5% - 0.16% -0.54% - - - - -
EPS 2 0.2200 -0.1400 -0.0600 -0.0700 -0.1300 0.0500 0.0900 0.1400 - -0.0300 -0.3100 -0.0500 -0.0330 -0.0600 0.003700 -0.0142 0.2300 - - 0.1600 0.4100
Dividend per Share 2 - - - - - - 0.0500 - - - - - - - - - - - - - -
Announcement Date 8/25/20 4/22/22 4/28/22 8/15/22 8/15/22 10/27/22 4/25/23 4/25/23 4/28/23 10/24/23 4/25/24 4/29/24 - - - - - - - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - 2,621 2,723 4,855 8,054 7,308 7,353 6,006
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) - 0.7308 x 10.83 x 3.542 x -5.258 x 3.548 x 2.157 x 1.666 x
Free Cash Flow 1 - - - - -786 6,146 4,481 -
ROE (net income / shareholders' equity) 5.07% 18.7% -4.05% 0.52% -23% 0.42% 8.61% 9.3%
ROA (Net income/ Total Assets) 2.77% 9.11% -0.77% - -7.13% 0.2% 1.1% 1.2%
Assets 1 18,542 21,473 57,187 - 30,509 112,185 97,922 109,102
Book Value Per Share 2 2.400 2.630 2.590 2.600 1.950 2.020 2.310 2.360
Cash Flow per Share 2 0.4300 0.4400 0.2800 0.3500 0.0600 0.1700 0.6600 0.8200
Capex 1 856 2,356 2,337 1,530 1,031 790 1,173 1,081
Capex / Sales 5.16% 10.33% 7.46% 4.72% 3.09% 2.27% 2.61% 2.38%
Announcement Date 3/1/20 4/20/21 4/22/22 4/25/23 4/25/24 - - -
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
7
Last Close Price
3.85 CNY
Average target price
7.152 CNY
Spread / Average Target
+85.77%
Consensus
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  4. Financials Beijing Dabeinong Technology Group Co.,Ltd.