Financials Dlg Exhibitions & Events Corporation Limited

Equities

600826

CNE000000C17

Business Support Services

End-of-day quote Shanghai S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
8.86 CNY -3.49% Intraday chart for Dlg Exhibitions & Events Corporation Limited +0.45% +0.23%

Valuation

Fiscal Period: December 2022 2023 2024 2025 2026
Capitalization 1 4,896 4,673 4,684 - -
Enterprise Value (EV) 1 4,896 4,673 4,684 4,684 4,684
P/E ratio 43.8 x 17 x 14.5 x 13.4 x 11.5 x
Yield - 3.17% - - -
Capitalization / Revenue - 3.29 x 3.03 x 2.46 x 2.27 x
EV / Revenue - 3.29 x 3.03 x 2.46 x 2.27 x
EV / EBITDA - 12.3 x 11.3 x 9.8 x 8.47 x
EV / FCF - - - - -
FCF Yield - - - - -
Price to Book - 1.21 x 1.14 x 1.04 x 0.96 x
Nbr of stocks (in thousands) 532,761 528,624 528,624 - -
Reference price 2 9.190 8.840 8.860 8.860 8.860
Announcement Date 4/26/23 4/10/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2022 2023 2024 2025 2026
Net sales 1 - 1,422 1,546 1,901 2,064
EBITDA 1 - 379.2 413.3 477.8 552.8
EBIT 1 - 364.1 474.1 493.9 602.7
Operating Margin - 25.61% 30.67% 25.98% 29.2%
Earnings before Tax (EBT) 1 - 377.1 474.1 501.4 602.7
Net income 1 114.5 275.3 320 349 406.8
Net margin - 19.36% 20.7% 18.36% 19.71%
EPS 2 0.2100 0.5200 0.6100 0.6600 0.7700
Free Cash Flow - - - - -
FCF margin - - - - -
FCF Conversion (EBITDA) - - - - -
FCF Conversion (Net income) - - - - -
Dividend per Share 2 - 0.2800 - - -
Announcement Date 4/26/23 4/10/24 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2022 2023 2024 2025 2026
Net Debt - - - - -
Net Cash position - - - - -
Leverage (Debt/EBITDA) - - - - -
Free Cash Flow - - - - -
ROE (net income / shareholders' equity) - 7.45% 7.81% 7.8% 8.36%
ROA (Net income/ Total Assets) - - 4.4% 4.5% -
Assets 1 - - 7,273 7,756 -
Book Value Per Share 2 - 7.330 7.750 8.490 9.210
Cash Flow per Share 2 - -0.2600 1.820 0.9300 0.6200
Capex 1 - 547 379 285 384
Capex / Sales - 38.49% 24.54% 15% 18.6%
Announcement Date 4/26/23 4/10/24 - - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
8.86 CNY
Average target price
11.55 CNY
Spread / Average Target
+30.36%
Consensus

Annual profits - Rate of surprise

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