Financials Huayuan Property Co.,Ltd.

Equities

600743

CNE000000M31

Real Estate Development & Operations

End-of-day quote Shanghai S.E. 18:00:00 2024-05-28 EDT 5-day change 1st Jan Change
1.37 CNY -0.72% Intraday chart for Huayuan Property Co.,Ltd. -9.27% -10.46%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 5,678 5,842 5,091 4,645 4,434 3,590
Enterprise Value (EV) 1 17,952 27,136 22,158 14,649 12,679 13,305
P/E ratio 7.56 x 7.71 x 12.3 x -6.95 x -1.08 x -1.97 x
Yield 4.96% 4.82% 2.76% - - -
Capitalization / Revenue 0.83 x 0.79 x 0.66 x 0.34 x 0.41 x 0.22 x
EV / Revenue 2.63 x 3.66 x 2.87 x 1.07 x 1.16 x 0.83 x
EV / EBITDA 17.2 x 33 x 44.5 x -31 x -2.89 x -23.8 x
EV / FCF -7.65 x -3.33 x 6.76 x 2.94 x 4.34 x 2.5 x
FCF Yield -13.1% -30% 14.8% 34.1% 23% 40.1%
Price to Book 0.72 x 0.7 x 0.6 x 0.61 x 1.28 x 4.87 x
Nbr of stocks (in thousands) 2,346,101 2,346,101 2,346,101 2,346,101 2,346,101 2,346,101
Reference price 2 2.420 2.490 2.170 1.980 1.890 1.530
Announcement Date 4/24/19 4/24/20 4/16/21 4/19/22 4/27/23 4/26/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 6,831 7,422 7,731 13,693 10,924 15,986
EBITDA 1 1,044 823 497.7 -472.9 -4,393 -558.9
EBIT 1 983.7 760.3 421.4 -544.3 -4,459 -712.8
Operating Margin 14.4% 10.24% 5.45% -3.98% -40.82% -4.46%
Earnings before Tax (EBT) 1 1,055 1,001 634.4 -576 -4,742 -874.6
Net income 1 750 757.2 414.1 -669.5 -3,822 -1,537
Net margin 10.98% 10.2% 5.36% -4.89% -34.98% -9.61%
EPS 2 0.3200 0.3230 0.1760 -0.2850 -1.751 -0.7780
Free Cash Flow 1 -2,348 -8,149 3,279 4,988 2,918 5,330
FCF margin -34.36% -109.8% 42.42% 36.43% 26.71% 33.34%
FCF Conversion (EBITDA) - - 658.89% - - -
FCF Conversion (Net income) - - 791.97% - - -
Dividend per Share 2 0.1200 0.1200 0.0600 - - -
Announcement Date 4/24/19 4/24/20 4/16/21 4/19/22 4/27/23 4/26/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 12,275 21,294 17,067 10,004 8,245 9,716
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 11.76 x 25.87 x 34.29 x -21.15 x -1.877 x -17.38 x
Free Cash Flow 1 -2,348 -8,149 3,279 4,988 2,918 5,330
ROE (net income / shareholders' equity) 9.01% 7.97% 2.98% -9.55% -60.4% -29.2%
ROA (Net income/ Total Assets) 1.46% 0.88% 0.44% -0.58% -5.53% -1.19%
Assets 1 51,244 86,162 94,427 116,004 69,054 129,563
Book Value Per Share 2 3.340 3.530 3.610 3.220 1.470 0.3100
Cash Flow per Share 2 4.290 3.020 3.230 3.480 2.330 1.120
Capex 1 259 211 38.9 30.5 12.2 47.3
Capex / Sales 3.79% 2.85% 0.5% 0.22% 0.11% 0.3%
Announcement Date 4/24/19 4/24/20 4/16/21 4/19/22 4/27/23 4/26/24
1CNY in Million2CNY
Estimates
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