Financials Origin Agritech Limited

Equities

SEED

VGG678282051

Fishing & Farming

Market Closed - Nasdaq 16:30:00 2024-04-30 EDT 5-day change 1st Jan Change
3.31 USD +4.75% Intraday chart for Origin Agritech Limited +1.22% +47.11%

Valuation

Fiscal Period: September 2018 2019 2020 2021 2022 2023
Capitalization 1 104.3 142.1 306.5 296.4 355.6 151.6
Enterprise Value (EV) 1 180.6 217.5 424.9 421.8 477.3 128.2
P/E ratio -0.72 x -2.99 x -3.76 x -3.24 x -56.5 x 2.87 x
Yield - - - - - -
Capitalization / Revenue 8.07 x 1.54 x 5.84 x 6.38 x 6.76 x 1.63 x
EV / Revenue 14 x 2.35 x 8.09 x 9.09 x 9.08 x 1.37 x
EV / EBITDA -7.41 x -5.23 x -8.03 x -7.06 x -53.1 x -14.6 x
EV / FCF 1.37 x -4.4 x 34.2 x -7.09 x -20.7 x 1.45 x
FCF Yield 73% -22.7% 2.92% -14.1% -4.82% 69%
Price to Book -4.67 x -9.41 x -4.47 x -2.13 x -2.76 x -2.66 x
Nbr of stocks (in thousands) 2,888 3,196 4,802 5,621 5,773 6,276
Reference price 2 36.13 44.46 63.82 52.72 61.60 24.16
Announcement Date 19-06-03 20-03-02 21-02-16 22-02-04 23-02-14 24-02-15
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: September 2018 2019 2020 2021 2022 2023
Net sales 1 12.93 92.44 52.51 46.42 52.58 93.31
EBITDA 1 -24.37 -41.63 -52.88 -59.76 -8.995 -8.756
EBIT 1 -40.82 -55.42 -63.49 -68.04 -12.9 -12.79
Operating Margin -315.76% -59.95% -120.91% -146.57% -24.53% -13.7%
Earnings before Tax (EBT) 1 -152.8 -65.14 -102.4 -126.9 2.311 62.83
Net income 1 -153.7 -62.12 -85.26 -91.53 -6.265 55.33
Net margin -1,188.7% -67.2% -162.36% -197.15% -11.92% 59.3%
EPS 2 -50.18 -14.85 -16.95 -16.29 -1.090 8.430
Free Cash Flow 1 131.9 -49.46 12.42 -59.47 -23.03 88.44
FCF margin 1,020.34% -53.51% 23.66% -128.1% -43.79% 94.78%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - 159.83%
Dividend per Share - - - - - -
Announcement Date 19-06-03 20-03-02 21-02-16 22-02-04 23-02-14 24-02-15
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: September 2018 2019 2020 2021 2022 2023
Net Debt 1 76.2 75.4 118 125 122 -
Net Cash position 1 - - - - - 23.5
Leverage (Debt/EBITDA) -3.129 x -1.812 x -2.239 x -2.099 x -13.52 x -
Free Cash Flow 1 132 -49.5 12.4 -59.5 -23 88.4
ROE (net income / shareholders' equity) -342% 338% 204% 93.8% -1.3% -49.4%
ROA (Net income/ Total Assets) -6.76% -10% -15.4% -22.7% -6.32% -4.27%
Assets 1 2,272 619.8 554.3 402.4 99.1 -1,296
Book Value Per Share 2 -7.730 -4.720 -14.30 -24.70 -22.30 -9.080
Cash Flow per Share 2 0.6200 0.6700 4.160 2.700 2.950 3.750
Capex 1 2.98 - - 1.72 0.62 8.91
Capex / Sales 23.07% - - 3.69% 1.18% 9.55%
Announcement Date 19-06-03 20-03-02 21-02-16 22-02-04 23-02-14 24-02-15
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

  1. Stock Market
  2. Equities
  3. SEED Stock
  4. Financials Origin Agritech Limited