Financials Eternal Asia Supply Chain Management Ltd.

Equities

002183

CNE1000007Y5

Diversified Industrial Goods Wholesale

End-of-day quote Shenzhen S.E. 18:00:00 2024-04-29 EDT 5-day change 1st Jan Change
3.61 CNY -0.55% Intraday chart for Eternal Asia Supply Chain Management Ltd. +6.18% -19.42%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 10,635 8,937 9,255 17,192 16,699 11,635
Enterprise Value (EV) 1 27,479 23,146 23,857 29,464 26,746 20,099
P/E ratio 55.7 x 105 x 72.7 x 30.1 x 64.3 x 89.6 x
Yield 0.4% 0.24% 0.46% 0.6% 0.31% 0.27%
Capitalization / Revenue 0.15 x 0.12 x 0.14 x 0.24 x 0.2 x 0.12 x
EV / Revenue 0.39 x 0.32 x 0.35 x 0.42 x 0.31 x 0.21 x
EV / EBITDA 13.5 x 15.8 x 18.4 x 17.6 x 17.7 x 15.4 x
EV / FCF 42 x 11.3 x 617 x 276 x 8.19 x 11.6 x
FCF Yield 2.38% 8.87% 0.16% 0.36% 12.2% 8.58%
Price to Book 1.8 x 1.51 x 1.55 x 2 x 1.88 x 1.29 x
Nbr of stocks (in thousands) 2,122,698 2,122,698 2,122,698 2,597,009 2,597,009 2,597,009
Reference price 2 5.010 4.210 4.360 6.620 6.430 4.480
Announcement Date 19-04-17 20-04-07 21-04-12 22-04-08 23-04-14 24-04-11
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 70,072 72,025 68,256 70,252 85,398 94,422
EBITDA 1 2,043 1,469 1,300 1,676 1,510 1,307
EBIT 1 1,893 1,332 1,174 1,568 1,388 1,197
Operating Margin 2.7% 1.85% 1.72% 2.23% 1.63% 1.27%
Earnings before Tax (EBT) 1 203.7 22.15 100.2 539 295.4 161.3
Net income 1 200.1 90.14 123.4 506.5 256.1 141
Net margin 0.29% 0.13% 0.18% 0.72% 0.3% 0.15%
EPS 2 0.0900 0.0400 0.0600 0.2200 0.1000 0.0500
Free Cash Flow 1 653.5 2,054 38.67 106.9 3,266 1,725
FCF margin 0.93% 2.85% 0.06% 0.15% 3.82% 1.83%
FCF Conversion (EBITDA) 31.99% 139.84% 2.98% 6.38% 216.36% 132.03%
FCF Conversion (Net income) 326.61% 2,278.47% 31.33% 21.11% 1,275.45% 1,223.76%
Dividend per Share 2 0.0200 0.0100 0.0200 0.0400 0.0200 0.0120
Announcement Date 19-04-17 20-04-07 21-04-12 22-04-08 23-04-14 24-04-11
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 16,844 14,209 14,602 12,271 10,047 8,464
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 8.247 x 9.675 x 11.23 x 7.323 x 6.655 x 6.477 x
Free Cash Flow 1 654 2,054 38.7 107 3,266 1,725
ROE (net income / shareholders' equity) 1.83% 0.23% 1.02% 4.82% 2.27% 1.26%
ROA (Net income/ Total Assets) 2.61% 1.95% 1.74% 2.29% 1.82% 1.41%
Assets 1 7,667 4,619 7,084 22,114 14,047 10,000
Book Value Per Share 2 2.790 2.790 2.810 3.300 3.420 3.470
Cash Flow per Share 2 3.930 4.130 4.840 3.640 5.440 5.280
Capex 1 222 237 256 455 753 654
Capex / Sales 0.32% 0.33% 0.37% 0.65% 0.88% 0.69%
Announcement Date 19-04-17 20-04-07 21-04-12 22-04-08 23-04-14 24-04-11
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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