Financials Shanghai Wanye Enterprises Co.,Ltd

Equities

End-of-day quote Shanghai S.E. Other stock markets 18:00:00 2024-07-01 EDT			5-day change	1st Jan Change
11.3 ^CNY	-3.83%		-11.16%	-34.53%

05-20	Tranche Update on Shanghai Wanye Enterprises Co.,Ltd's Equity Buyback Plan announced on February 19, 2024.	CI
05-17	Shanghai Wanye Enterprises Co.,Ltd's Equity Buyback announced on February 19, 2024, has closed with 19,556,524 shares, representing 2.11% for CNY 250.01 million.	CI

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	14,322	18,367	30,297	16,500	16,063	10,454	-	-
Enterprise Value (EV) ¹	14,322	18,367	30,297	16,500	16,063	10,454	10,454	10,454
P/E ratio	25.2 x	58.3 x	80.5 x	38.9 x	106 x	65.8 x	31.6 x	47.1 x
Yield	-	0.52%	0.37%	0.77%	0.29%	0.8%	1.18%	0.62%
Capitalization / Revenue	7.66 x	-	34.4 x	14.3 x	16.7 x	8.51 x	5.66 x	5.68 x
EV / Revenue	7.66 x	-	34.4 x	14.3 x	16.7 x	8.51 x	5.66 x	5.68 x
EV / EBITDA	-	-	58.1 x	30.3 x	74.5 x	50.7 x	37.5 x	-
EV / FCF	-	-	93.2 x	-19.5 x	-17.2 x	-38.9 x	-58.7 x	-
FCF Yield	-	-	1.07%	-5.12%	-5.8%	-2.57%	-1.7%	-
Price to Book	2.42 x	-	4.19 x	2.04 x	1.92 x	1.26 x	1.19 x	1.21 x
Nbr of stocks (in thousands)	914,182	910,630	910,630	930,630	930,630	925,160	-	-
Reference price ²	15.67	20.17	33.27	17.73	17.26	11.30	11.30	11.30
Announcement Date	20-04-25	21-04-16	22-04-29	23-04-28	24-04-27	-	-	-

¹CNY in Million²CNY

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	1,869	-	879.9	1,158	964.6	1,228	1,846	1,842
EBITDA ¹	-	-	521.1	544.8	215.6	206	278.9	-
EBIT ¹	736.6	-	494.9	511.1	178.1	191	452.3	284
Operating Margin	39.41%	-	56.25%	44.15%	18.46%	15.55%	24.5%	15.42%
Earnings before Tax (EBT) ¹	780.6	-	497	513.8	169.2	198.5	382.2	287
Net income ¹	572.8	315.3	376.5	423.6	151.1	160.4	330.9	226.9
Net margin	30.65%	-	42.79%	36.59%	15.67%	13.06%	17.93%	12.32%
EPS ²	0.6229	0.3462	0.4135	0.4552	0.1624	0.1717	0.3581	0.2400
Free Cash Flow ¹	-	-	325.2	-845.2	-932.4	-269	-178	-
FCF margin	-	-	36.96%	-73.01%	-96.66%	-21.9%	-9.64%	-
FCF Conversion (EBITDA)	-	-	62.41%	-	-	-	-	-
FCF Conversion (Net income)	-	-	86.38%	-	-	-	-	-
Dividend per Share ²	-	0.1050	0.1220	0.1370	0.0500	0.0900	0.1331	0.0700
Announcement Date	20-04-25	21-04-16	22-04-29	23-04-28	24-04-27	-	-	-

¹CNY in Million²CNY

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow ¹	-	-	325	-845	-932	-269	-178	-
ROE (net income / shareholders' equity)	9.37%	4.88%	5.34%	5.29%	1.8%	1.92%	3.74%	2.61%
ROA (Net income/ Total Assets)	-	-	4.46%	4.48%	1.49%	1.5%	1.9%	2.2%
Assets ¹	-	-	8,440	9,464	10,174	10,694	17,418	10,313
Book Value Per Share ²	6.480	-	7.950	8.680	8.990	9.000	9.500	9.330
Cash Flow per Share ²	0.1200	-	0.3700	-0.7000	-0.2600	-0.1700	-0.0100	-0.0700
Capex ¹	24.4	-	108	175	692	42	99.3	20
Capex / Sales	1.31%	-	12.28%	15.08%	71.73%	3.42%	5.38%	1.09%
Announcement Date	20-04-25	21-04-16	22-04-29	23-04-28	24-04-27	-	-	-

¹CNY in Million²CNY

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

11.75 CNY

Average target price

14.99 CNY

Spread / Average Target

+27.57%

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