End-of-day quote
Shanghai S.E.
06:00:00 2024-04-25 pm EDT
|
5-day change
|
1st Jan Change
|
9.03
CNY
|
-4.44%
|
|
-3.22%
|
+22.36%
|
Fiscal Period: December |
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Capitalization
1 |
54,795
|
74,389
|
80,857
|
89,663
|
107,741
|
93,404
|
93,404
|
-
|
Enterprise Value (EV)
1 |
54,795
|
74,389
|
80,857
|
89,663
|
107,741
|
76,337
|
93,404
|
93,404
|
P/E ratio
|
5.13
x
|
6.18
x
|
6.03
x
|
6.31
x
|
6.77
x
|
5.03
x
|
4.67
x
|
4.19
x
|
Yield
|
6.07%
|
4.47%
|
4.86%
|
5.31%
|
5.12%
|
7.27%
|
6.23%
|
6.89%
|
Capitalization / Revenue
|
2
x
|
2.29
x
|
2.35
x
|
2.19
x
|
2.42
x
|
2.02
x
|
1.89
x
|
1.73
x
|
EV / Revenue
|
2
x
|
2.29
x
|
2.35
x
|
2.19
x
|
2.42
x
|
2.02
x
|
1.89
x
|
1.73
x
|
EV / EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EV / FCF
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Yield
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Price to Book
|
0.7
x
|
0.86
x
|
0.76
x
|
0.74
x
|
0.85
x
|
0.55
x
|
0.59
x
|
0.53
x
|
Nbr of stocks (in thousands)
|
8,482,208
|
8,482,208
|
10,007,017
|
10,007,017
|
10,339,845
|
10,343,734
|
10,343,734
|
-
|
Reference price
2 |
6.460
|
8.770
|
8.080
|
8.960
|
10.42
|
9.030
|
9.030
|
9.030
|
Announcement Date
|
3/5/19
|
4/29/20
|
4/29/21
|
4/15/22
|
4/28/23
|
4/26/24
|
-
|
-
|
Fiscal Period: December |
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Net sales
1 |
27,406
|
32,442
|
34,465
|
40,925
|
44,606
|
46,265
|
49,417
|
54,122
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
12,712
|
14,938
|
15,579
|
19,187
|
30,632
|
31,874
|
32,167
|
39,418
|
Operating Margin
|
46.38%
|
46.05%
|
45.2%
|
46.88%
|
68.67%
|
68.89%
|
65.09%
|
72.83%
|
Earnings before Tax (EBT)
1 |
12,673
|
14,893
|
15,501
|
19,184
|
21,739
|
22,861
|
24,640
|
27,299
|
Net income
1 |
11,073
|
12,453
|
13,101
|
15,857
|
18,408
|
18,977
|
20,471
|
22,955
|
Net margin
|
40.4%
|
38.39%
|
38.01%
|
38.75%
|
41.27%
|
41.02%
|
41.42%
|
42.41%
|
EPS
2 |
1.260
|
1.420
|
1.340
|
1.420
|
1.540
|
1.794
|
1.932
|
2.155
|
Free Cash Flow
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF margin
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
2 |
0.3920
|
0.3920
|
0.3930
|
0.4754
|
0.5339
|
0.5367
|
0.5623
|
0.6224
|
Announcement Date
|
3/5/19
|
4/29/20
|
4/29/21
|
4/15/22
|
4/28/23
|
4/26/24
|
-
|
-
|
Fiscal Period: December |
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
---|
Net sales
1 |
10,624
|
12,277
|
11,255
|
11,656
|
9,418
|
12,953
|
11,351
|
11,388
|
-
|
13,501
|
12,388
|
12,388
|
15,174
|
15,174
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Operating Margin
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Earnings before Tax (EBT)
|
4,362
|
5,936
|
6,075
|
5,996
|
3,732
|
6,511
|
6,389
|
5,661
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
|
3,513
|
5,015
|
5,135
|
4,820
|
3,437
|
5,427
|
5,258
|
4,599
|
-
|
-
|
-
|
-
|
-
|
-
|
Net margin
|
33.07%
|
40.85%
|
45.63%
|
41.35%
|
36.49%
|
41.9%
|
46.32%
|
40.39%
|
-
|
-
|
-
|
-
|
-
|
-
|
EPS
2 |
0.2800
|
0.4300
|
0.5100
|
0.3900
|
0.2100
|
0.4600
|
0.4400
|
0.3700
|
-
|
0.5300
|
0.4600
|
0.3600
|
-
|
-
|
Dividend per Share
2 |
0.4754
|
-
|
-
|
-
|
0.5339
|
-
|
-
|
-
|
0.5367
|
-
|
-
|
0.5998
|
-
|
-
|
Announcement Date
|
4/15/22
|
4/15/22
|
7/3/22
|
10/28/22
|
4/28/23
|
4/28/23
|
8/30/23
|
10/30/23
|
4/26/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Net Debt
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
ROE (net income / shareholders' equity)
|
17%
|
16.5%
|
14.3%
|
14.9%
|
15.1%
|
13.1%
|
11%
|
13%
|
ROA (Net income/ Total Assets)
|
0.93%
|
0.96%
|
0.92%
|
0.97%
|
0.95%
|
0.88%
|
0.8%
|
0.86%
|
Assets
1 |
1,189,101
|
1,293,196
|
1,430,227
|
1,633,017
|
1,937,892
|
2,151,526
|
2,558,815
|
2,654,290
|
Book Value Per Share
2 |
9.170
|
10.20
|
10.70
|
12.10
|
12.20
|
13.50
|
15.40
|
17.00
|
Cash Flow per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Capex
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Capex / Sales
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
3/5/19
|
4/29/20
|
4/29/21
|
4/15/22
|
4/28/23
|
4/26/24
|
-
|
-
|
Last Close Price
9.03
CNY Average target price
9.487
CNY Spread / Average Target +5.06% Consensus |
1st Jan change
|
Capi.
|
---|
| +22.36% | 12.89B | | +16.61% | 210B | | +2.39% | 73.14B | | +7.99% | 54.82B | | +1.36% | 47.1B | | +13.25% | 47B | | +19.29% | 44.81B | | +10.93% | 36.6B | | -16.21% | 35.14B | | -96.60% | 32.24B |
Commercial Banks
|