Projected Income Statement: Shandong Pharmaceutical Glass Co.Ltd

Forecast Balance Sheet: Shandong Pharmaceutical Glass Co.Ltd

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 -885 -1,347 -1,465 -1,065 -1,060 -2,934 -3,396 -3,890
Change - -52.2% -8.76% 27.3% 0.47% -176.88% -15.75% -14.55%
Announcement Date 4/25/22 4/24/23 4/22/24 4/24/25 3/6/26 - - -
1CNY in Million
Estimates

Cash Flow Forecast: Shandong Pharmaceutical Glass Co.Ltd

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 805.8 699.5 669.3 647.2 228.7 163 173 183
Change - -13.19% -4.32% -3.31% -64.67% -28.72% 6.13% 5.78%
Free Cash Flow (FCF) 1 - - - - - - - -
Change - - - - - - - -
Announcement Date 4/25/22 4/24/23 4/22/24 4/24/25 3/6/26 - - -
1CNY in Million
Estimates

Forecast Financial Ratios: Shandong Pharmaceutical Glass Co.Ltd

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 24.23% 24.03% 24.92% 29.23% 29.48% 31.54% 29.82% 29.18%
EBIT Margin (%) 18.02% 16.98% 18.39% 21.71% 18.73% 21.77% 20.96% 21.15%
EBT Margin (%) 17.77% 16.91% 18.28% 21.67% 18.57% 21.01% 19.86% 20.16%
Net margin (%) 15.25% 14.77% 15.57% 18.4% 15.41% 17.62% 16.48% 16.73%
FCF margin (%) - - - - - - - -
FCF / Net Income (%) - - - - - - - -

Profitability

        
ROA - 8.14% 8.33% 9.69% 6.83% 8.25% 7% 7.3%
ROE 13.29% 12.28% 10.73% 12.09% 8.45% 9.6% 8.89% 9.07%

Financial Health

        
Leverage (Debt/EBITDA) - - - - - - - -
Debt / Free cash flow - - - - - - - -

Capital Intensity

        
CAPEX / Current Assets (%) 20.79% 16.71% 13.43% 12.63% 5.11% 3.22% 3.38% 3.38%
CAPEX / EBITDA (%) 85.82% 69.52% 53.91% 43.2% 17.33% 10.21% 11.32% 11.57%
CAPEX / FCF (%) - - - - - - - -

Items per share

        
Cash flow per share 1 1.261 0.3804 1.579 1.756 0.8694 1.345 1.395 1.46
Change - -69.84% 315.14% 11.17% -50.48% 54.7% 3.72% 4.66%
Dividend per Share 1 0.3 0.3 0.4 0.32 0.18 0.48 0.535 0.575
Change - 0% 33.33% -20% -43.75% 166.67% 11.46% 7.48%
Book Value Per Share 1 7.85 10.49 11.35 12.07 12.5 13.44 14.09 14.99
Change - 33.64% 8.23% 6.28% 3.58% 7.53% 4.81% 6.44%
EPS 1 0.99 1.03 1.17 1.42 1.04 1.343 1.27 1.365
Change - 4.04% 13.59% 21.37% -26.76% 29.17% -5.46% 7.48%
Nbr of stocks (in thousands) 594,968 663,614 663,614 663,614 663,614 663,614 663,614 663,614
Announcement Date 4/25/22 4/24/23 4/22/24 4/24/25 3/6/26 - - -
1CNY
Estimates
2026 *2027 *
P/E 13.9x 14.7x
PBR 1.39x 1.33x
EV / Sales 1.87x 1.76x
Yield 2.56% 2.86%

EPS & Dividend



Y-o-Y evolution of P/E

 

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
4
Last Close Price
18.72CNY
Average target price
23.05CNY
Spread / Average Target
+23.13%

Quarterly revenue - Rate of surprise

  1. Stock Market
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  3. 600529 Stock
  4. Financials Shandong Pharmaceutical Glass Co.Ltd
-40%: Exceptional extension
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