SHANGHAI CARTHANE CO.,LTD. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 19.36 CNY | -4.35% |
|
-6.38% | -6.97% |
| 04-26 | Shanghai Carthane Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
| 04-02 | China stocks roughly flat as sentiment remains subdued; HK shares up | RE |
Valuation
| Fiscal Period: December | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 2,823 | 1,896 | 2,005 | 1,711 | 2,175 | 1,660 |
| Enterprise Value (EV) 1 | 2,474 | 1,578 | 1,723 | 1,378 | 1,879 | 1,481 |
| P/E ratio | 24 x | 14.9 x | 24.6 x | 20.7 x | 25.9 x | 21.4 x |
| Yield | 2.63% | 4.19% | 2.9% | 3.71% | 2.89% | 3.73% |
| Capitalization / Revenue | 6.27 x | 3.45 x | 4.06 x | 3.46 x | 3.97 x | 2.59 x |
| EV / Revenue | 5.5 x | 2.87 x | 3.49 x | 2.79 x | 3.43 x | 2.31 x |
| EV / EBITDA | 19.4 x | 11.6 x | 18.8 x | 16.3 x | 17.3 x | 17.6 x |
| EV / FCF | 107 x | 1,181 x | -220 x | 18.4 x | 65 x | -20.3 x |
| FCF Yield | 0.94% | 0.08% | -0.45% | 5.42% | 1.54% | -4.92% |
| Price to Book | 3.5 x | 2.28 x | 2.37 x | 1.95 x | 2.44 x | 1.86 x |
| Nbr of stocks (in thousands) | 137,700 | 137,700 | 137,571 | 137,571 | 136,372 | 134,189 |
| Reference price 2 | 20.50 | 13.77 | 14.58 | 12.44 | 15.95 | 12.37 |
| Announcement Date | 18-04-23 | 19-04-22 | 20-04-27 | 21-04-26 | 22-04-29 | 23-04-24 |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|
| Net sales 1 | 450.1 | 549 | 493.7 | 494.4 | 548.4 | 642 |
| EBITDA 1 | 127.7 | 135.6 | 91.6 | 84.53 | 108.7 | 84.12 |
| EBIT 1 | 118 | 123.7 | 76.03 | 67.13 | 86.51 | 58.74 |
| Operating Margin | 26.22% | 22.52% | 15.4% | 13.58% | 15.77% | 9.15% |
| Earnings before Tax (EBT) 1 | 133.4 | 144.3 | 93.05 | 89 | 95.03 | 82.61 |
| Net income 1 | 113.9 | 127 | 81.03 | 82.72 | 84.22 | 78.05 |
| Net margin | 25.3% | 23.13% | 16.41% | 16.73% | 15.36% | 12.16% |
| EPS 2 | 0.8538 | 0.9231 | 0.5923 | 0.6000 | 0.6154 | 0.5769 |
| Free Cash Flow 1 | 23.21 | 1.337 | -7.829 | 74.71 | 28.89 | -72.79 |
| FCF margin | 5.16% | 0.24% | -1.59% | 15.11% | 5.27% | -11.34% |
| FCF Conversion (EBITDA) | 18.17% | 0.99% | - | 88.38% | 26.58% | - |
| FCF Conversion (Net income) | 20.38% | 1.05% | - | 90.32% | 34.31% | - |
| Dividend per Share 2 | 0.5385 | 0.5769 | 0.4231 | 0.4615 | 0.4615 | 0.4615 |
| Announcement Date | 18-04-23 | 19-04-22 | 20-04-27 | 21-04-26 | 22-04-29 | 23-04-24 |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - |
| Net Cash position 1 | 349 | 318 | 282 | 333 | 296 | 179 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - |
| Free Cash Flow 1 | 23.2 | 1.34 | -7.83 | 74.7 | 28.9 | -72.8 |
| ROE (net income / shareholders' equity) | 19.5% | 15.9% | 9.65% | 9.5% | 9.7% | 7.98% |
| ROA (Net income/ Total Assets) | 10.7% | 8.36% | 4.99% | 4.41% | 5.41% | 3.44% |
| Assets 1 | 1,066 | 1,519 | 1,623 | 1,877 | 1,556 | 2,269 |
| Book Value Per Share 2 | 5.860 | 6.050 | 6.140 | 6.370 | 6.530 | 6.650 |
| Cash Flow per Share 2 | 2.690 | 1.390 | 2.060 | 2.440 | 2.240 | 1.600 |
| Capex 1 | 52.7 | 78.9 | 65.2 | 61.5 | 81.2 | 118 |
| Capex / Sales | 11.7% | 14.38% | 13.22% | 12.44% | 14.81% | 18.32% |
| Announcement Date | 18-04-23 | 19-04-22 | 20-04-27 | 21-04-26 | 22-04-29 | 23-04-24 |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| -6.97% | 359M | |
| +7.65% | 8.13B | |
| +4.23% | 5.4B | |
| +17.89% | 3.16B | |
| +1.90% | 2.61B | |
| -20.49% | 2.6B | |
| -1.56% | 2.32B | |
| +44.21% | 2B | |
| +47.54% | 1.77B | |
| +11.15% | 1.61B |
- Stock Market
- Equities
- 603037 Stock
- Financials Shanghai Carthane Co.,Ltd.