End-of-day quote
Shanghai S.E.
18:00:00 2024-04-25 EDT
|
5-day change
|
1st Jan Change
|
16.84
CNY
|
+0.96%
|
|
-1.00%
|
-3.11%
|
Fiscal Period: December |
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Capitalization
1 |
21,073
|
21,253
|
22,799
|
15,657
|
11,441
|
12,315
|
12,315
|
-
|
Enterprise Value (EV)
1 |
20,779
|
21,227
|
22,827
|
15,636
|
10,117
|
8,317
|
10,494
|
10,357
|
P/E ratio
|
23.4
x
|
23.8
x
|
28.5
x
|
17.3
x
|
14.9
x
|
13.9
x
|
11.8
x
|
10.6
x
|
Yield
|
1.44%
|
1.78%
|
1.66%
|
2.41%
|
3.23%
|
4.89%
|
3.77%
|
4.1%
|
Capitalization / Revenue
|
2.63
x
|
2.54
x
|
2.86
x
|
1.77
x
|
1.57
x
|
1.63
x
|
1.43
x
|
1.3
x
|
EV / Revenue
|
2.6
x
|
2.54
x
|
2.86
x
|
1.77
x
|
1.39
x
|
1.07
x
|
1.22
x
|
1.09
x
|
EV / EBITDA
|
17.9
x
|
17.5
x
|
20.8
x
|
13.4
x
|
9.96
x
|
6.9
x
|
9.19
x
|
8.2
x
|
EV / FCF
|
-
|
22,484,728
x
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Yield
|
-
|
0%
|
-
|
-
|
-
|
-
|
-
|
-
|
Price to Book
|
4.86
x
|
4.24
x
|
4.34
x
|
2.71
x
|
1.93
x
|
1.95
x
|
1.7
x
|
1.54
x
|
Nbr of stocks (in thousands)
|
756,130
|
756,064
|
754,696
|
754,211
|
739,069
|
731,284
|
731,284
|
-
|
Reference price
2 |
27.87
|
28.11
|
30.21
|
20.76
|
15.48
|
16.84
|
16.84
|
16.84
|
Announcement Date
|
19-01-29
|
20-04-24
|
21-04-23
|
22-04-26
|
23-04-26
|
24-04-26
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Net sales
1 |
8,355
|
7,970
|
8,847
|
7,270
|
7,795
|
8,627
|
9,506
|
EBITDA
1 |
1,215
|
1,098
|
1,164
|
1,016
|
1,206
|
1,142
|
1,263
|
EBIT
1 |
1,021
|
919.6
|
1,022
|
873.3
|
1,060
|
1,227
|
1,393
|
Operating Margin
|
12.22%
|
11.54%
|
11.55%
|
12.01%
|
13.6%
|
14.22%
|
14.66%
|
Earnings before Tax (EBT)
1 |
1,038
|
940.2
|
1,051
|
886.3
|
1,082
|
1,240
|
1,385
|
Net income
1 |
890.3
|
800
|
907.5
|
784.1
|
924.1
|
1,060
|
1,183
|
Net margin
|
10.66%
|
10.04%
|
10.26%
|
10.79%
|
11.85%
|
12.29%
|
12.45%
|
EPS
2 |
1.180
|
1.060
|
1.200
|
1.040
|
1.250
|
1.423
|
1.590
|
Free Cash Flow
|
944.1
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF margin
|
11.3%
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (EBITDA)
|
77.73%
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (Net income)
|
106.04%
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
2 |
0.5000
|
0.5000
|
0.5000
|
0.5000
|
0.8500
|
0.6350
|
0.6900
|
Announcement Date
|
20-04-24
|
21-04-23
|
22-04-26
|
23-04-26
|
24-04-26
|
-
|
-
|
Fiscal Period: December |
2019 S1
|
2020 S1
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
---|
Net sales
1 |
3,778
|
3,009
|
2,688
|
1,455
|
1,903
|
1,847
|
2,064
|
1,503
|
2,041
|
1,970
|
2,281
|
1,583
|
2,223
|
2,174
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
|
-
|
-
|
-
|
70.6
|
266.3
|
256.3
|
280.1
|
124.2
|
356.6
|
319.6
|
259.7
|
142.5
|
-
|
-
|
Operating Margin
|
-
|
-
|
-
|
4.85%
|
13.99%
|
13.88%
|
13.57%
|
8.27%
|
17.47%
|
16.22%
|
11.39%
|
9%
|
-
|
-
|
Earnings before Tax (EBT)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
|
404.8
|
249.7
|
283.8
|
66.25
|
-
|
216.2
|
-
|
-
|
-
|
-
|
-
|
120.9
|
-
|
-
|
Net margin
|
10.71%
|
8.3%
|
10.56%
|
4.55%
|
-
|
11.7%
|
-
|
-
|
-
|
-
|
-
|
7.64%
|
-
|
-
|
EPS
2 |
-
|
-
|
0.3700
|
0.0900
|
0.2900
|
0.2900
|
0.3700
|
0.1300
|
0.3900
|
0.3500
|
0.3800
|
0.1600
|
0.4200
|
0.3600
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
19-08-22
|
20-08-26
|
22-04-26
|
22-04-26
|
22-08-26
|
22-10-28
|
23-04-26
|
23-04-26
|
23-08-29
|
23-10-27
|
24-04-26
|
24-04-26
|
-
|
-
|
Fiscal Period: December |
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Net Debt
1 |
-
|
-
|
27.6
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
294
|
25.6
|
-
|
21.1
|
1,324
|
4,392
|
1,820
|
1,958
|
Leverage (Debt/EBITDA)
|
-
|
-
|
0.0252
x
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
|
-
|
944
|
-
|
-
|
-
|
-
|
-
|
-
|
ROE (net income / shareholders' equity)
|
22.7%
|
19%
|
15.7%
|
16.6%
|
13.2%
|
14.6%
|
14.7%
|
15%
|
ROA (Net income/ Total Assets)
|
13.2%
|
11.5%
|
9.6%
|
10.3%
|
8.82%
|
-
|
-
|
-
|
Assets
1 |
6,820
|
7,720
|
8,334
|
8,819
|
8,886
|
-
|
-
|
-
|
Book Value Per Share
2 |
5.740
|
6.630
|
6.960
|
7.670
|
8.040
|
8.910
|
9.890
|
10.90
|
Cash Flow per Share
2 |
0.8200
|
1.470
|
1.370
|
0.9100
|
0.5800
|
2.230
|
1.070
|
1.850
|
Capex
1 |
173
|
169
|
277
|
249
|
329
|
349
|
159
|
196
|
Capex / Sales
|
2.16%
|
2.03%
|
3.47%
|
2.82%
|
4.52%
|
4.47%
|
1.85%
|
2.07%
|
Announcement Date
|
19-01-29
|
20-04-24
|
21-04-23
|
22-04-26
|
23-04-26
|
24-04-26
|
-
|
-
|
Last Close Price
16.84
CNY Average target price
22.21
CNY Spread / Average Target +31.87% Consensus |
1st Jan change
|
Capi.
|
---|
| -3.11% | 1.7B | | +23.11% | 7.69B | | -17.48% | 3.37B | | +9.85% | 1.16B | | +2.05% | 581M | | -46.56% | 466M | | -25.83% | 401M | | -33.75% | 352M | | -1.16% | 340M | | -14.91% | 303M |
Lighting Fixtures
|