Financials Guangdong DFP New Material Group Co., Ltd.

Equities

601515

CNE100001C06

Commercial Printing Services

End-of-day quote Shanghai S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
3.6 CNY +1.12% Intraday chart for Guangdong DFP New Material Group Co., Ltd. +4.96% -10.89%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024
Capitalization 1 9,007 7,513 12,486 7,925 7,446 6,635
Enterprise Value (EV) 1 9,007 7,513 12,486 7,925 7,446 6,635
P/E ratio 21.8 x 13.7 x 14.5 x 25.3 x 44.9 x 22.5 x
Yield 2.22% 5.33% 5.54% - 0.62% 1.94%
Capitalization / Revenue 2.84 x 2.45 x 3.28 x 2.12 x 2.83 x 2.12 x
EV / Revenue 2.84 x 2.45 x 3.28 x 2.12 x 2.83 x 2.12 x
EV / EBITDA 12.3 x 9.32 x 10.9 x 12.8 x 31.5 x 10.8 x
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 2.22 x 1.72 x 2.11 x 1.44 x 1.32 x 1.09 x
Nbr of stocks (in thousands) 1,601,280 1,601,287 1,842,883 1,842,917 1,842,962 1,842,964
Reference price 2 5.625 4.692 6.775 4.300 4.040 3.600
Announcement Date 4/23/20 4/14/21 4/14/22 4/10/23 4/22/24 -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024
Net sales 1 3,173 3,069 3,805 3,744 2,631 3,124
EBITDA 1 729.8 806.2 1,145 617.8 236.7 617
EBIT 1 544.2 616 936.2 411.6 12.86 379
Operating Margin 17.15% 20.07% 24.6% 10.99% 0.49% 12.13%
Earnings before Tax (EBT) 1 539.2 608.4 928.3 395.3 2.897 379
Net income 1 411.9 547.5 785.1 289.3 150.5 302
Net margin 12.98% 17.84% 20.63% 7.73% 5.72% 9.67%
EPS 2 0.2583 0.3417 0.4667 0.1700 0.0900 0.1600
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 0.1250 0.2500 0.3750 - 0.0250 0.0700
Announcement Date 4/23/20 4/14/21 4/14/22 4/10/23 4/22/24 -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 S1 2021 Q4 2023 Q1
Net sales 1 1,862 1,092 916.1
EBITDA - - -
EBIT 1 - - 252
Operating Margin - - 27.51%
Earnings before Tax (EBT) - - -
Net income 469.2 196.8 -
Net margin 25.2% 18.02% -
EPS - - -
Dividend per Share - - -
Announcement Date 8/30/21 4/14/22 4/28/23
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024
Net Debt - - - - - -
Net Cash position - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) 10.3% 13% 16.5% 5.04% 2.67% 5.1%
ROA (Net income/ Total Assets) 6.84% 8.72% 10.9% 3.57% - 3.6%
Assets 1 6,026 6,281 7,228 8,101 - 8,389
Book Value Per Share 2 2.540 2.720 3.210 2.990 3.070 3.300
Cash Flow per Share 2 0.4600 0.7800 0.3800 0.3700 0 0.2600
Capex 1 87.1 199 117 125 147 200
Capex / Sales 2.74% 6.47% 3.07% 3.35% 5.58% 6.4%
Announcement Date 4/23/20 4/14/21 4/14/22 4/10/23 4/22/24 -
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
1
Last Close Price
3.6 CNY
Average target price
4.8 CNY
Spread / Average Target
+33.33%
Consensus

Annual profits - Rate of surprise

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