End-of-day quote
Shanghai S.E.
06:00:00 2024-05-05 pm EDT
|
5-day change
|
1st Jan Change
|
9.52
CNY
|
-0.42%
|
|
+0.42%
|
+10.31%
|
Fiscal Period: December |
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Capitalization
1 |
56,700
|
75,960
|
80,280
|
118,620
|
118,800
|
171,360
|
171,360
|
-
|
Enterprise Value (EV)
1 |
160,258
|
167,554
|
163,713
|
198,464
|
198,507
|
263,421
|
244,606
|
241,125
|
P/E ratio
|
9.84
x
|
13.7
x
|
16.5
x
|
20.6
x
|
18.9
x
|
21.6
x
|
19.8
x
|
18.8
x
|
Yield
|
4.77%
|
3.61%
|
3.59%
|
2.58%
|
2.65%
|
2.09%
|
2.17%
|
2.57%
|
Capitalization / Revenue
|
3.65
x
|
3.65
x
|
4.17
x
|
5.87
x
|
5.62
x
|
6.62
x
|
6.66
x
|
6.33
x
|
EV / Revenue
|
10.3
x
|
8.06
x
|
8.5
x
|
9.82
x
|
9.39
x
|
11.2
x
|
9.51
x
|
8.9
x
|
EV / EBITDA
|
12.7
x
|
13.1
x
|
14
x
|
15.4
x
|
14.4
x
|
17.3
x
|
12.6
x
|
11.3
x
|
EV / FCF
|
-
|
14.1
x
|
15.9
x
|
18.9
x
|
22.8
x
|
-247
x
|
24.5
x
|
26.6
x
|
FCF Yield
|
-
|
7.09%
|
6.29%
|
5.28%
|
4.39%
|
-0.4%
|
4.09%
|
3.76%
|
Price to Book
|
1.28
x
|
1.38
x
|
1.65
x
|
2.31
x
|
2.17
x
|
2.86
x
|
2.36
x
|
2.2
x
|
Nbr of stocks (in thousands)
|
18,000,000
|
18,000,000
|
18,000,000
|
18,000,000
|
18,000,000
|
18,000,000
|
18,000,000
|
-
|
Reference price
2 |
3.150
|
4.220
|
4.460
|
6.590
|
6.600
|
9.520
|
9.520
|
9.520
|
Announcement Date
|
4/25/19
|
4/24/20
|
4/22/21
|
3/2/22
|
4/21/23
|
4/26/24
|
-
|
-
|
Fiscal Period: December |
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Net sales
1 |
15,516
|
20,801
|
19,253
|
20,202
|
21,142
|
23,461
|
25,723
|
27,087
|
EBITDA
1 |
12,656
|
12,814
|
11,663
|
12,911
|
13,833
|
15,270
|
19,433
|
21,274
|
EBIT
1 |
7,387
|
6,882
|
5,677
|
7,177
|
8,317
|
9,426
|
10,710
|
11,489
|
Operating Margin
|
47.61%
|
33.09%
|
29.49%
|
35.53%
|
39.34%
|
40.18%
|
41.63%
|
42.41%
|
Earnings before Tax (EBT)
1 |
-
|
6,270
|
5,653
|
7,134
|
8,292
|
9,420
|
10,705
|
11,473
|
Net income
1 |
-
|
5,545
|
4,835
|
5,838
|
6,801
|
7,638
|
8,690
|
9,147
|
Net margin
|
-
|
26.66%
|
25.11%
|
28.9%
|
32.17%
|
32.56%
|
33.78%
|
33.77%
|
EPS
2 |
0.3200
|
0.3080
|
0.2700
|
0.3200
|
0.3500
|
0.4000
|
0.4796
|
0.5064
|
Free Cash Flow
1 |
-
|
11,885
|
10,301
|
10,475
|
8,713
|
-1,066
|
9,995
|
9,076
|
FCF margin
|
-
|
57.13%
|
53.5%
|
51.85%
|
41.21%
|
-4.55%
|
38.86%
|
33.51%
|
FCF Conversion (EBITDA)
|
-
|
92.75%
|
88.32%
|
81.13%
|
62.98%
|
52.61%
|
51.43%
|
42.66%
|
FCF Conversion (Net income)
|
-
|
214.35%
|
213.06%
|
179.43%
|
128.1%
|
120.23%
|
115.02%
|
99.23%
|
Dividend per Share
2 |
0.1502
|
0.1522
|
0.1600
|
0.1700
|
0.1750
|
0.1800
|
0.2067
|
0.2451
|
Announcement Date
|
4/25/19
|
4/24/20
|
4/22/21
|
3/2/22
|
4/21/23
|
4/26/24
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
---|
Net sales
|
10,212
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBITDA
|
6,214
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
|
3,214
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Operating Margin
|
31.47%
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Earnings before Tax (EBT)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
1 |
-
|
975.6
|
742
|
-
|
-
|
-
|
803.2
|
2,350
|
3,154
|
3,300
|
Net margin
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EPS
2 |
-
|
0.0500
|
0.0400
|
0.1700
|
0.1200
|
0.0200
|
0.0400
|
0.1400
|
0.1800
|
0.1700
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
4/24/20
|
3/2/22
|
4/22/22
|
7/21/22
|
10/27/22
|
4/21/23
|
4/21/23
|
8/26/23
|
8/26/23
|
10/27/23
|
Fiscal Period: December |
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Net Debt
1 |
103,558
|
91,594
|
83,433
|
79,844
|
79,707
|
108,081
|
73,246
|
69,765
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
8.183
x
|
7.148
x
|
7.154
x
|
6.184
x
|
5.762
x
|
7.078
x
|
3.769
x
|
3.279
x
|
Free Cash Flow
1 |
-
|
11,885
|
10,301
|
10,475
|
8,713
|
-1,066
|
9,995
|
9,076
|
ROE (net income / shareholders' equity)
|
13.9%
|
11.6%
|
8.47%
|
9.29%
|
10.6%
|
10.5%
|
12.2%
|
11.8%
|
ROA (Net income/ Total Assets)
|
-
|
3.3%
|
2.91%
|
3.59%
|
4.18%
|
4.27%
|
4.39%
|
4.89%
|
Assets
1 |
-
|
167,915
|
166,023
|
162,642
|
162,879
|
179,058
|
197,955
|
187,055
|
Book Value Per Share
2 |
2.460
|
3.060
|
2.700
|
2.860
|
3.040
|
3.020
|
4.030
|
4.320
|
Cash Flow per Share
2 |
0.6000
|
0.9000
|
0.8100
|
0.9200
|
0.9200
|
0.9500
|
1.050
|
1.120
|
Capex
1 |
7,704
|
4,279
|
4,323
|
6,019
|
7,906
|
18,106
|
15,220
|
16,071
|
Capex / Sales
|
49.65%
|
20.57%
|
22.45%
|
29.8%
|
37.39%
|
77.17%
|
59.17%
|
59.33%
|
Announcement Date
|
4/25/19
|
4/24/20
|
4/22/21
|
3/2/22
|
4/21/23
|
4/26/24
|
-
|
-
|
Last Close Price
9.52
CNY Average target price
9.89
CNY Spread / Average Target +3.89% Consensus |
1st Jan change
|
Capi.
|
---|
| +10.31% | 23.78B | | +8.08% | 33.52B | | -26.21% | 14.69B | | -4.50% | 6.97B | | +0.46% | 4.89B | | -9.63% | 4.05B | | -10.47% | 4.04B | | -.--% | 2.89B | | -10.09% | 2.83B | | -4.22% | 2.58B |
Renewable IPPs
|