Financials QiaoYin City Management Co., Ltd.

Equities

002973

CNE100003S22

Environmental Services & Equipment

End-of-day quote Shenzhen S.E. 18:00:00 2024-04-29 EDT 5-day change 1st Jan Change
9.44 CNY -2.68% Intraday chart for QiaoYin City Management Co., Ltd. -0.94% -13.95%

Valuation

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 8,173 6,175 4,356 4,483 3,858 - -
Enterprise Value (EV) 1 8,173 6,175 4,356 4,483 3,858 3,858 3,858
P/E ratio 21.7 x 24.4 x 13.8 x 14.1 x 10.6 x 8.99 x 7.74 x
Yield 0.5% 0.66% 0.94% 0.91% 1.48% - -
Capitalization / Revenue 2.89 x 1.85 x 1.1 x 1.14 x 0.85 x 0.71 x 0.61 x
EV / Revenue 2.89 x 1.85 x 1.1 x 1.14 x 0.85 x 0.71 x 0.61 x
EV / EBITDA 12.1 x 11.7 x 7.35 x 6.96 x 4.69 x 4.03 x 3.47 x
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Price to Book 5.76 x 3.77 x 2.31 x 2.07 x 1.53 x 1.33 x 1.15 x
Nbr of stocks (in thousands) 408,660 408,663 408,665 408,665 408,665 - -
Reference price 2 20.00 15.11 10.66 10.97 9.440 9.440 9.440
Announcement Date 21-03-30 22-04-26 23-04-27 24-04-26 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,829 3,332 3,955 3,943 4,553 5,429 6,355
EBITDA 1 675.5 526.7 593 644.2 821.9 957.5 1,113
EBIT 1 443.4 300.9 366.3 373.3 427.2 499.9 578.8
Operating Margin 15.67% 9.03% 9.26% 9.47% 9.38% 9.21% 9.11%
Earnings before Tax (EBT) 1 452 300.6 349.9 354.7 408.7 481.4 560.3
Net income 1 375.7 255.2 314.6 316.8 365 429.9 500.4
Net margin 13.28% 7.66% 7.95% 8.03% 8.02% 7.92% 7.87%
EPS 2 0.9200 0.6200 0.7700 0.7800 0.8900 1.050 1.220
Free Cash Flow - - - - - - -
FCF margin - - - - - - -
FCF Conversion (EBITDA) - - - - - - -
FCF Conversion (Net income) - - - - - - -
Dividend per Share 2 0.1000 0.1000 0.1000 0.1000 0.1400 - -
Announcement Date 21-03-30 22-04-26 23-04-27 24-04-26 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow - - - - - - -
ROE (net income / shareholders' equity) 30.4% 16.3% 17.7% 15.6% 13.6% 14% 14.2%
ROA (Net income/ Total Assets) 9.7% 5% 5.01% - 5.8% - -
Assets 1 3,875 5,098 6,282 - 6,293 - -
Book Value Per Share 2 3.470 4.010 4.620 5.290 6.150 7.100 8.230
Cash Flow per Share 2 0.7500 0.2900 0.4500 0.1900 1.730 0.8700 1.290
Capex 1 673 672 453 507 443 463 485
Capex / Sales 23.8% 20.17% 11.44% 12.87% 9.74% 8.53% 7.64%
Announcement Date 21-03-30 22-04-26 23-04-27 24-04-26 - - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
9.44 CNY
Average target price
14.2 CNY
Spread / Average Target
+50.42%
Consensus

Annual profits - Rate of surprise

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