End-of-day quote
Shenzhen S.E.
18:00:00 2024-04-25 EDT
|
5-day change
|
1st Jan Change
|
6.87
CNY
|
+4.89%
|
|
+2.54%
|
-34.32%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
359,826
|
321,735
|
220,246
|
202,298
|
115,413
|
74,801
|
-
|
-
|
Enterprise Value (EV)
1 |
453,608
|
387,691
|
340,581
|
382,735
|
339,225
|
275,029
|
247,075
|
236,866
|
P/E ratio
|
9.27
x
|
7.93
x
|
10.2
x
|
9.33
x
|
10.2
x
|
8.06
x
|
7.21
x
|
7.95
x
|
Yield
|
3.25%
|
4.36%
|
4.91%
|
3.74%
|
-
|
1.75%
|
2.4%
|
1.77%
|
Capitalization / Revenue
|
0.98
x
|
0.77
x
|
0.49
x
|
0.4
x
|
0.25
x
|
0.2
x
|
0.2
x
|
0.22
x
|
EV / Revenue
|
1.23
x
|
0.93
x
|
0.75
x
|
0.76
x
|
0.73
x
|
0.73
x
|
0.67
x
|
0.69
x
|
EV / EBITDA
|
5.16
x
|
3.53
x
|
5.87
x
|
6.49
x
|
9.42
x
|
7.01
x
|
5.98
x
|
6.28
x
|
EV / FCF
|
11.5
x
|
8.42
x
|
-63.1
x
|
-38.3
x
|
-83.2
x
|
7.61
x
|
7.39
x
|
-60.1
x
|
FCF Yield
|
8.72%
|
11.9%
|
-1.59%
|
-2.61%
|
-1.2%
|
13.1%
|
13.5%
|
-1.66%
|
Price to Book
|
1.93
x
|
1.49
x
|
0.97
x
|
0.87
x
|
0.49
x
|
0.31
x
|
0.3
x
|
0.29
x
|
Nbr of stocks (in thousands)
|
11,302,143
|
11,617,732
|
11,625,383
|
11,557,753
|
11,857,753
|
11,857,753
|
-
|
-
|
Reference price
2 |
32.18
|
28.70
|
19.76
|
18.20
|
10.46
|
6.870
|
6.870
|
6.870
|
Announcement Date
|
20-03-17
|
21-03-30
|
22-03-30
|
23-03-30
|
24-03-28
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
367,894
|
419,112
|
452,798
|
503,838
|
465,739
|
376,966
|
366,133
|
340,815
|
EBITDA
1 |
87,921
|
109,758
|
58,013
|
58,951
|
36,015
|
43,746
|
41,337
|
40,815
|
EBIT
1 |
76,613
|
79,959
|
52,531
|
52,007
|
29,252
|
26,833
|
29,772
|
26,108
|
Operating Margin
|
20.82%
|
19.08%
|
11.6%
|
10.32%
|
6.28%
|
7.12%
|
8.13%
|
7.66%
|
Earnings before Tax (EBT)
1 |
106,116
|
79,676
|
52,223
|
52,386
|
29,805
|
25,933
|
29,844
|
26,970
|
Net income
1 |
38,872
|
41,516
|
22,524
|
22,618
|
12,163
|
10,798
|
12,200
|
11,793
|
Net margin
|
10.57%
|
9.91%
|
4.97%
|
4.49%
|
2.61%
|
2.86%
|
3.33%
|
3.46%
|
EPS
2 |
3.470
|
3.620
|
1.940
|
1.950
|
1.030
|
0.8520
|
0.9528
|
0.8642
|
Free Cash Flow
1 |
39,539
|
46,042
|
-5,401
|
-9,998
|
-4,077
|
36,150
|
33,448
|
-3,939
|
FCF margin
|
10.75%
|
10.99%
|
-1.19%
|
-1.98%
|
-0.88%
|
9.59%
|
9.14%
|
-1.16%
|
FCF Conversion (EBITDA)
|
44.97%
|
41.95%
|
-
|
-
|
-
|
82.64%
|
80.91%
|
-
|
FCF Conversion (Net income)
|
101.71%
|
110.9%
|
-
|
-
|
-
|
334.78%
|
274.15%
|
-
|
Dividend per Share
2 |
1.045
|
1.250
|
0.9700
|
0.6800
|
-
|
0.1200
|
0.1651
|
0.1218
|
Announcement Date
|
20-03-17
|
21-03-30
|
22-03-30
|
23-03-30
|
24-03-28
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2020 S2
|
2021 S1
|
2021 Q3
|
2021 Q4
|
2021 S2
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2022 S2
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2023 S2
|
2024 Q1
|
2024 Q2
|
2024 S1
|
2024 Q3
|
2024 Q4
|
2024 S2
|
2025 Q1
|
2025 S1
|
2025 S2
|
---|
Net sales
1 |
228,574
|
146,350
|
272,762
|
167,111
|
104,375
|
181,312
|
285,687
|
62,667
|
144,249
|
206,916
|
130,757
|
166,165
|
296,922
|
68,474
|
132,419
|
200,893
|
89,416
|
175,431
|
264,846
|
60,271
|
90,715
|
193,072
|
53,592
|
180,662
|
262,854
|
52,069
|
149,631
|
224,447
|
EBITDA
1 |
-
|
-
|
-
|
-
|
12,155
|
19,395
|
-
|
5,608
|
20,243
|
-
|
14,604
|
18,497
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
4,761
|
9,522
|
-
|
3,717
|
11,150
|
-
|
4,493
|
-
|
-
|
EBIT
1 |
-
|
-
|
-
|
-
|
10,948
|
19,596
|
30,543
|
3,970
|
20,268
|
30,598
|
13,209
|
14,560
|
-
|
4,091
|
16,244
|
27,824
|
7,877
|
1,039
|
-
|
3,278
|
6,556
|
20,053
|
2,559
|
7,676
|
27,784
|
3,010
|
-
|
-
|
Operating Margin
|
-
|
-
|
-
|
-
|
10.49%
|
10.81%
|
10.69%
|
6.33%
|
14.05%
|
14.79%
|
10.1%
|
8.76%
|
-
|
5.97%
|
12.27%
|
13.85%
|
8.81%
|
0.59%
|
-
|
5.44%
|
7.23%
|
10.39%
|
4.77%
|
4.25%
|
10.57%
|
5.78%
|
-
|
-
|
Earnings before Tax (EBT)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
|
-
|
12,508
|
29,008
|
-
|
5,642
|
5,835
|
-
|
1,429
|
10,794
|
-
|
4,828
|
5,567
|
-
|
1,446
|
8,425
|
-
|
3,751
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net margin
|
-
|
8.55%
|
10.63%
|
-
|
5.41%
|
3.22%
|
-
|
2.28%
|
7.48%
|
-
|
3.69%
|
3.35%
|
-
|
2.11%
|
6.36%
|
-
|
4.2%
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EPS
2 |
-
|
-
|
-
|
-
|
0.4900
|
0.5000
|
-
|
0.1229
|
0.9300
|
-
|
0.4178
|
0.4800
|
-
|
0.1251
|
0.7100
|
-
|
0.3200
|
-0.1300
|
-
|
0.1089
|
0.1428
|
-
|
0.1015
|
0.3584
|
-
|
0.0582
|
-
|
-
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
0.9700
|
-
|
-
|
-
|
-
|
-
|
0.6800
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
20-03-17
|
20-08-27
|
21-03-30
|
21-08-29
|
21-10-28
|
22-03-30
|
22-03-30
|
22-04-28
|
22-08-30
|
22-08-30
|
22-10-28
|
23-03-30
|
23-03-30
|
23-04-28
|
23-08-30
|
23-08-30
|
23-10-27
|
24-03-28
|
24-03-28
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
93,782
|
65,956
|
120,335
|
180,437
|
223,812
|
206,920
|
172,274
|
165,702
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
1.067
x
|
0.6009
x
|
2.074
x
|
3.061
x
|
6.214
x
|
4.73
x
|
4.168
x
|
4.06
x
|
Free Cash Flow
1 |
39,539
|
46,042
|
-5,401
|
-9,998
|
-4,077
|
36,150
|
33,448
|
-3,939
|
ROE (net income / shareholders' equity)
|
22.5%
|
20.1%
|
9.78%
|
9.48%
|
4.91%
|
3.91%
|
4.26%
|
3.66%
|
ROA (Net income/ Total Assets)
|
2.39%
|
2.31%
|
1.18%
|
1.22%
|
0.75%
|
0.82%
|
0.89%
|
0.82%
|
Assets
1 |
1,629,174
|
1,799,547
|
1,903,976
|
1,847,858
|
1,631,327
|
1,315,119
|
1,378,378
|
1,442,540
|
Book Value Per Share
2 |
16.60
|
19.30
|
20.30
|
21.00
|
21.20
|
21.80
|
22.90
|
23.30
|
Cash Flow per Share
2 |
4.040
|
4.580
|
0.3500
|
0.2400
|
0.3300
|
0.9700
|
1.040
|
1.030
|
Capex
1 |
6,148
|
7,146
|
9,514
|
12,749
|
7,989
|
1,079
|
8,684
|
6,098
|
Capex / Sales
|
1.67%
|
1.71%
|
2.1%
|
2.53%
|
1.72%
|
0.29%
|
2.37%
|
1.79%
|
Announcement Date
|
20-03-17
|
21-03-30
|
22-03-30
|
23-03-30
|
24-03-28
|
-
|
-
|
-
|
Last Close Price
6.87
CNY Average target price
9.011
CNY Spread / Average Target +31.17% Consensus |
1st Jan change
|
Capi.
|
---|
| -34.32% | 10.32B | | -9.36% | 22.5B | | +9.02% | 10.79B | | -28.99% | 7.2B | | -5.56% | 7.01B | | -0.34% | 6.53B | | -3.03% | 6.09B | | +12.96% | 3.57B | | -5.92% | 3.54B | | +27.36% | 3.32B |
Residential Real Estate Development
|