Financials Henan Huaying Agricultural Development Co., Ltd.

Equities

002321

CNE100000J00

Fishing & Farming

End-of-day quote Shenzhen S.E. 18:00:00 2024-04-29 EDT 5-day change 1st Jan Change
1.76 CNY -2.22% Intraday chart for Henan Huaying Agricultural Development Co., Ltd. +4.14% -26.05%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,757 2,987 2,057 1,646 4,927 5,076
Enterprise Value (EV) 1 2,305 4,489 4,809 854.8 4,880 5,234
P/E ratio 23.2 x -57.1 x -2.17 x -0.67 x -8.25 x -238 x
Yield - - - - - -
Capitalization / Revenue 0.52 x 0.54 x 0.66 x 0.52 x 1.7 x 1.37 x
EV / Revenue 0.43 x 0.81 x 1.54 x 0.27 x 1.68 x 1.41 x
EV / EBITDA 3.78 x 11.7 x -9.55 x -2.75 x 41 x 17.6 x
EV / FCF 2.86 x -2.36 x -7.95 x -0.95 x -8.29 x -33.6 x
FCF Yield 34.9% -42.4% -12.6% -105% -12.1% -2.98%
Price to Book 1.07 x 1.19 x 1.32 x 5.88 x 4.82 x 5.14 x
Nbr of stocks (in thousands) 534,291 534,291 534,291 534,291 2,132,890 2,132,890
Reference price 2 5.160 5.590 3.850 3.080 2.310 2.380
Announcement Date 19-04-16 20-05-29 21-04-28 22-04-29 23-04-14 24-04-19
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 5,349 5,518 3,126 3,192 2,898 3,705
EBITDA 1 610 382.3 -503.4 -310.5 118.9 298.2
EBIT 1 357.9 127.9 -705.8 -503.4 -0.6108 155.7
Operating Margin 6.69% 2.32% -22.58% -15.77% -0.02% 4.2%
Earnings before Tax (EBT) 1 234.4 -18.52 -1,021 -2,533 -541.6 68.7
Net income 1 118.9 -52.3 -949.4 -2,538 -597 -31.84
Net margin 2.22% -0.95% -30.38% -79.5% -20.6% -0.86%
EPS 2 0.2225 -0.0979 -1.777 -4.588 -0.2800 -0.0100
Free Cash Flow 1 805.3 -1,905 -605.1 -897.8 -588.9 -155.8
FCF margin 15.06% -34.52% -19.36% -28.12% -20.32% -4.2%
FCF Conversion (EBITDA) 132.01% - - - - -
FCF Conversion (Net income) 677.38% - - - - -
Dividend per Share - - - - - -
Announcement Date 19-04-16 20-05-29 21-04-28 22-04-29 23-04-14 24-04-19
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - 1,502 2,752 - - 158
Net Cash position 1 452 - - 791 46.6 -
Leverage (Debt/EBITDA) - 3.929 x -5.466 x - - 0.5289 x
Free Cash Flow 1 805 -1,905 -605 -898 -589 -156
ROE (net income / shareholders' equity) 6.53% -1.15% -40.6% -155% -39% 4.21%
ROA (Net income/ Total Assets) 2.61% 0.92% -5.68% -5.46% -0.01% 2.7%
Assets 1 4,552 -5,698 16,702 46,472 6,218,974 -1,180
Book Value Per Share 2 4.840 4.700 2.920 0.5200 0.4800 0.4600
Cash Flow per Share 2 4.540 2.560 0.4400 0.4300 0.1600 0.1100
Capex 1 421 1,733 77.1 9.5 64.7 120
Capex / Sales 7.88% 31.41% 2.47% 0.3% 2.23% 3.23%
Announcement Date 19-04-16 20-05-29 21-04-28 22-04-29 23-04-14 24-04-19
1CNY in Million2CNY
Estimates
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