Financials Hanshang Group Co., Ltd.

Equities

600774

CNE000000NC5

Pharmaceuticals

End-of-day quote Shanghai S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
7.25 CNY +0.55% Intraday chart for Hanshang Group Co., Ltd. +6.46% -26.47%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 3,216 2,533 3,109 4,915 3,294 2,850
Enterprise Value (EV) 1 3,508 2,913 4,017 5,424 4,074 3,611
P/E ratio 164 x 84.8 x 68.4 x 52.6 x 37.6 x 47.5 x
Yield 0.21% - - 0.6% 0.53% -
Capitalization / Revenue 2.97 x 2.19 x 6.28 x 3.36 x 2.38 x 2.05 x
EV / Revenue 3.24 x 2.52 x 8.11 x 3.7 x 2.94 x 2.6 x
EV / EBITDA 29.3 x 24.1 x 69.4 x 21.8 x 19.7 x 14.6 x
EV / FCF -428 x -27.9 x 50.9 x -15.5 x -56.9 x 15.5 x
FCF Yield -0.23% -3.58% 1.97% -6.46% -1.76% 6.46%
Price to Book 5.38 x 4.08 x 4.69 x 2.98 x 1.98 x 1.74 x
Nbr of stocks (in thousands) 226,948 226,948 226,948 295,032 291,781 289,008
Reference price 2 14.17 11.16 13.70 16.66 11.29 9.860
Announcement Date 4/27/19 4/29/20 3/30/21 3/30/22 4/25/23 4/25/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,082 1,157 495.2 1,465 1,387 1,390
EBITDA 1 119.7 120.7 57.9 248.7 206.3 246.7
EBIT 1 55.61 52.48 -17.27 138.7 83.22 116
Operating Margin 5.14% 4.53% -3.49% 9.47% 6% 8.35%
Earnings before Tax (EBT) 1 34.23 47.43 47.12 107.8 94.28 73.79
Net income 1 19.57 29.87 45.49 85.68 88.48 61.21
Net margin 1.81% 2.58% 9.19% 5.85% 6.38% 4.4%
EPS 2 0.0862 0.1316 0.2004 0.3166 0.2999 0.2075
Free Cash Flow 1 -8.189 -104.3 78.97 -350.3 -71.64 233.2
FCF margin -0.76% -9.02% 15.95% -23.92% -5.17% 16.78%
FCF Conversion (EBITDA) - - 136.39% - - 94.54%
FCF Conversion (Net income) - - 173.62% - - 381.04%
Dividend per Share 2 0.0300 - - 0.1000 0.0600 -
Announcement Date 4/27/19 4/29/20 3/30/21 3/30/22 4/25/23 4/25/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 292 380 908 509 779 761
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 2.437 x 3.152 x 15.69 x 2.047 x 3.778 x 3.085 x
Free Cash Flow 1 -8.19 -104 79 -350 -71.6 233
ROE (net income / shareholders' equity) 3.82% 5.34% 5.51% 6.76% 3.95% 2.92%
ROA (Net income/ Total Assets) 2.03% 1.92% -0.44% 2.67% 1.54% 2.02%
Assets 1 965 1,552 -10,394 3,211 5,740 3,036
Book Value Per Share 2 2.630 2.740 2.920 5.580 5.710 5.680
Cash Flow per Share 2 0.6400 0.5100 1.450 0.9200 0.4000 0.4800
Capex 1 74.9 48.5 24.1 111 231 137
Capex / Sales 6.92% 4.19% 4.87% 7.6% 16.67% 9.88%
Announcement Date 4/27/19 4/29/20 3/30/21 3/30/22 4/25/23 4/25/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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