End-of-day quote
Shanghai S.E.
06:00:00 2024-04-29 pm EDT
|
5-day change
|
1st Jan Change
|
119.5
CNY
|
+1.18%
|
|
+2.58%
|
+24.95%
|
Fiscal Period: December |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
123,300
|
100,578
|
86,110
|
85,276
|
106,548
|
-
|
-
|
Enterprise Value (EV)
1 |
123,300
|
100,578
|
82,353
|
81,527
|
101,538
|
100,302
|
98,888
|
P/E ratio
|
52.8
x
|
35.7
x
|
27
x
|
21.9
x
|
23.5
x
|
20.8
x
|
18.1
x
|
Yield
|
0.97%
|
1.43%
|
2.3%
|
3.24%
|
2.7%
|
3.15%
|
3.4%
|
Capitalization / Revenue
|
12.3
x
|
8.1
x
|
6.12
x
|
5.43
x
|
5.93
x
|
5.23
x
|
4.61
x
|
EV / Revenue
|
12.3
x
|
8.1
x
|
5.85
x
|
5.19
x
|
5.65
x
|
4.92
x
|
4.28
x
|
EV / EBITDA
|
40.6
x
|
25.9
x
|
20.3
x
|
16.3
x
|
18.3
x
|
15.8
x
|
13.7
x
|
EV / FCF
|
40.8
x
|
39.3
x
|
40.3
x
|
19.5
x
|
28.2
x
|
22.1
x
|
15.4
x
|
FCF Yield
|
2.45%
|
2.55%
|
2.48%
|
5.12%
|
3.55%
|
4.52%
|
6.48%
|
Price to Book
|
13.5
x
|
9.35
x
|
6.95
x
|
5.9
x
|
6.54
x
|
5.86
x
|
5.13
x
|
Nbr of stocks (in thousands)
|
888,908
|
889,747
|
889,595
|
891,541
|
891,541
|
-
|
-
|
Reference price
2 |
138.7
|
113.0
|
96.80
|
95.65
|
119.5
|
119.5
|
119.5
|
Announcement Date
|
4/28/21
|
3/11/22
|
4/9/23
|
4/25/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
10,040
|
10,051
|
12,422
|
14,081
|
15,695
|
17,968
|
20,387
|
23,122
|
EBITDA
1 |
2,965
|
3,037
|
3,881
|
4,065
|
4,997
|
5,543
|
6,340
|
7,220
|
EBIT
1 |
2,769
|
2,803
|
3,676
|
3,814
|
4,727
|
5,286
|
6,041
|
6,969
|
Operating Margin
|
27.58%
|
27.88%
|
29.59%
|
27.09%
|
30.12%
|
29.42%
|
29.63%
|
30.14%
|
Earnings before Tax (EBT)
1 |
2,695
|
2,755
|
3,352
|
3,754
|
4,536
|
5,326
|
6,023
|
6,936
|
Net income
1 |
2,304
|
2,313
|
2,813
|
3,189
|
3,870
|
4,522
|
5,118
|
5,891
|
Net margin
|
22.94%
|
23.02%
|
22.65%
|
22.64%
|
24.66%
|
25.17%
|
25.1%
|
25.48%
|
EPS
2 |
2.595
|
2.628
|
3.169
|
3.581
|
4.360
|
5.078
|
5.744
|
6.613
|
Free Cash Flow
1 |
-
|
3,021
|
2,561
|
2,043
|
4,175
|
3,603
|
4,531
|
6,407
|
FCF margin
|
-
|
30.05%
|
20.62%
|
14.51%
|
26.6%
|
20.05%
|
22.23%
|
27.71%
|
FCF Conversion (EBITDA)
|
-
|
99.47%
|
66%
|
50.25%
|
83.55%
|
65%
|
71.46%
|
88.74%
|
FCF Conversion (Net income)
|
-
|
130.57%
|
91.05%
|
64.06%
|
107.87%
|
79.68%
|
88.54%
|
108.77%
|
Dividend per Share
2 |
-
|
1.351
|
1.622
|
2.230
|
3.100
|
3.233
|
3.768
|
4.059
|
Announcement Date
|
4/26/20
|
4/28/21
|
3/11/22
|
4/9/23
|
4/25/24
|
-
|
-
|
-
|
Fiscal Period: December |
2020 S1
|
2021 S1
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
---|
Net sales
1 |
4,109
|
5,820
|
3,410
|
-
|
3,760
|
6,838
|
3,636
|
3,607
|
3,334
|
4,258
|
4,014
|
4,088
|
3,803
|
4,722
|
4,625
|
4,772
|
-
|
-
|
EBITDA
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
1,415
|
1,415
|
1,464
|
-
|
-
|
EBIT
1 |
-
|
-
|
-
|
-
|
1,037
|
-
|
1,007
|
999.4
|
879.8
|
1,300
|
1,253
|
1,294
|
1,117
|
1,286
|
1,286
|
1,335
|
-
|
-
|
Operating Margin
|
-
|
-
|
-
|
-
|
27.58%
|
-
|
27.69%
|
27.71%
|
26.39%
|
30.53%
|
31.22%
|
31.66%
|
29.37%
|
27.23%
|
27.8%
|
27.98%
|
-
|
-
|
Earnings before Tax (EBT)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
1 |
803.7
|
1,421
|
606.7
|
641.4
|
866.4
|
1,508
|
853.6
|
-
|
-
|
1,086
|
991.3
|
1,057
|
929.3
|
1,178
|
1,178
|
1,224
|
-
|
-
|
Net margin
|
19.56%
|
24.42%
|
17.79%
|
-
|
23.04%
|
22.05%
|
23.48%
|
-
|
-
|
25.5%
|
24.69%
|
25.85%
|
24.44%
|
24.95%
|
25.48%
|
25.64%
|
-
|
-
|
EPS
2 |
-
|
-
|
-
|
0.7230
|
0.9730
|
-
|
0.9595
|
0.9257
|
-
|
0.8300
|
1.120
|
1.190
|
1.050
|
1.284
|
1.301
|
1.504
|
1.140
|
1.440
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
3.558
|
-
|
-
|
Announcement Date
|
8/17/20
|
8/17/22
|
3/11/22
|
4/26/22
|
8/17/22
|
8/17/22
|
10/27/22
|
4/9/23
|
4/27/23
|
8/17/23
|
10/26/23
|
4/25/24
|
4/25/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
-
|
-
|
-
|
3,758
|
3,748
|
5,010
|
6,246
|
7,660
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
-
|
3,021
|
2,561
|
2,043
|
4,175
|
3,603
|
4,531
|
6,407
|
ROE (net income / shareholders' equity)
|
52.4%
|
26.9%
|
28.3%
|
27.9%
|
29.2%
|
28.6%
|
29%
|
29.7%
|
ROA (Net income/ Total Assets)
|
36.6%
|
23.3%
|
18.9%
|
-
|
-
|
21.2%
|
21.6%
|
22.8%
|
Assets
1 |
6,290
|
9,927
|
14,913
|
-
|
-
|
21,330
|
23,692
|
25,836
|
Book Value Per Share
2 |
6.950
|
10.30
|
12.10
|
13.90
|
16.20
|
18.30
|
20.40
|
23.30
|
Cash Flow per Share
2 |
2.880
|
3.870
|
3.390
|
3.440
|
5.410
|
2.910
|
5.900
|
6.160
|
Capex
1 |
449
|
417
|
453
|
1,015
|
653
|
557
|
511
|
574
|
Capex / Sales
|
4.47%
|
4.15%
|
3.65%
|
7.21%
|
4.16%
|
3.1%
|
2.5%
|
2.48%
|
Announcement Date
|
4/26/20
|
4/28/21
|
3/11/22
|
4/9/23
|
4/25/24
|
-
|
-
|
-
|
Last Close Price
119.5
CNY Average target price
133.6
CNY Spread / Average Target +11.79% Consensus |