Financials Shandong Homey Aquatic Development Co.,Ltd.

Equities

600467

CNE000001H52

Fishing & Farming

End-of-day quote Shanghai S.E. 18:00:00 2024-04-25 EDT 5-day change 1st Jan Change
1.94 CNY +1.04% Intraday chart for Shandong Homey Aquatic Development Co.,Ltd. +1.57% -18.49%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 3,506 3,623 4,120 4,164 4,047 3,477
Enterprise Value (EV) 1 5,188 5,283 5,960 6,261 6,169 5,154
P/E ratio 57.1 x 55.1 x 65.6 x 63.3 x 67.6 x 70 x
Yield 0.54% 0.56% 0.46% 0.49% 0.47% -
Capitalization / Revenue 3.05 x 2.96 x 3.35 x 3.32 x 3.39 x 2.22 x
EV / Revenue 4.51 x 4.31 x 4.84 x 4.99 x 5.17 x 3.3 x
EV / EBITDA 14.4 x 15.8 x 18.5 x 17.8 x 17.5 x 12.6 x
EV / FCF -15.6 x -79.7 x -31.1 x 328 x -51.8 x 10.4 x
FCF Yield -6.42% -1.26% -3.21% 0.31% -1.93% 9.64%
Price to Book 1.15 x 1.12 x 1.26 x 1.26 x 1.21 x 1.01 x
Nbr of stocks (in thousands) 1,460,994 1,460,994 1,460,994 1,460,994 1,460,994 1,460,994
Reference price 2 2.400 2.480 2.820 2.850 2.770 2.380
Announcement Date 19-04-25 20-04-23 21-04-23 22-04-25 23-04-24 24-04-24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,150 1,226 1,230 1,254 1,193 1,564
EBITDA 1 361.1 335.3 321.4 350.9 352.3 409.2
EBIT 1 161 125 113.5 138.1 137.1 187.6
Operating Margin 14% 10.19% 9.23% 11.02% 11.49% 12%
Earnings before Tax (EBT) 1 73.1 73.27 74.7 72.02 70.59 59.05
Net income 1 62.04 65.05 62.25 66.18 59.63 49.45
Net margin 5.4% 5.31% 5.06% 5.28% 5% 3.16%
EPS 2 0.0420 0.0450 0.0430 0.0450 0.0410 0.0340
Free Cash Flow 1 -333 -66.31 -191.6 19.1 -119 496.6
FCF margin -28.96% -5.41% -15.57% 1.52% -9.97% 31.76%
FCF Conversion (EBITDA) - - - 5.44% - 121.37%
FCF Conversion (Net income) - - - 28.86% - 1,004.41%
Dividend per Share 2 0.0130 0.0140 0.0130 0.0140 0.0130 -
Announcement Date 19-04-25 20-04-23 21-04-23 22-04-25 23-04-24 24-04-24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 1,681 1,660 1,840 2,097 2,122 1,677
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 4.656 x 4.951 x 5.725 x 5.976 x 6.023 x 4.099 x
Free Cash Flow 1 -333 -66.3 -192 19.1 -119 497
ROE (net income / shareholders' equity) 2.1% 2.12% 1.9% 1.87% 1.74% 1.5%
ROA (Net income/ Total Assets) 1.71% 1.27% 1.1% 1.31% 1.29% 1.77%
Assets 1 3,623 5,137 5,645 5,063 4,640 2,798
Book Value Per Share 2 2.080 2.210 2.240 2.270 2.300 2.360
Cash Flow per Share 2 0.4700 0.5300 0.5200 0.4700 0.3800 0.3400
Capex 1 349 312 364 235 147 773
Capex / Sales 30.36% 25.46% 29.63% 18.74% 12.29% 49.45%
Announcement Date 19-04-25 20-04-23 21-04-23 22-04-25 23-04-24 24-04-24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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