Financials Jangho Group Co., Ltd.

Equities

601886

CNE100001682

Construction & Engineering

End-of-day quote Shanghai S.E. Other stock markets 06:00:00 2024-04-29 pm EDT			5-day change	1st Jan Change
5.95 ^CNY	-3.72%		+1.02%	-10.66%

Apr. 29	Jangho Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
Mar. 27	Jangho Group Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023	CI

Valuation

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	8,226	6,583	7,466	8,769	7,546	6,741	-	-
Enterprise Value (EV) ¹	8,226	6,583	7,466	8,769	7,546	6,741	6,741	6,741
P/E ratio	23.4 x	6.92 x	-7.4 x	18 x	11.3 x	8.34 x	6.78 x	5.63 x
Yield	-	-	-	0.26%	-	3.87%	4.37%	4.87%
Capitalization / Revenue	0.44 x	0.36 x	0.36 x	0.49 x	0.36 x	0.28 x	0.24 x	0.21 x
EV / Revenue	0.44 x	0.36 x	0.36 x	0.49 x	0.36 x	0.28 x	0.24 x	0.21 x
EV / EBITDA	9.93 x	4.43 x	-9.04 x	10.4 x	6.27 x	4.09 x	3.72 x	3.34 x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Price to Book	1.08 x	0.78 x	1.18 x	1.38 x	1.07 x	0.88 x	0.8 x	0.7 x
Nbr of stocks (in thousands)	1,133,002	1,133,002	1,133,002	1,133,002	1,133,002	1,133,002	-	-
Reference price ²	7.260	5.810	6.590	7.740	6.660	5.950	5.950	5.950
Announcement Date	3/30/20	3/29/21	3/21/22	3/28/23	3/27/24	-	-	-

¹CNY in Million²CNY

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	18,805	18,050	20,789	18,056	20,954	24,467	28,004	32,463
EBITDA ¹	828.6	1,485	-826	844.6	1,204	1,649	1,812	2,021
EBIT ¹	658.5	1,294	-1,001	672.5	905.9	1,025	1,279	1,536
Operating Margin	3.5%	7.17%	-4.82%	3.72%	4.32%	4.19%	4.57%	4.73%
Earnings before Tax (EBT) ¹	656.8	1,294	-1,003	673.6	904.4	1,026	1,279	1,537
Net income ¹	352.8	948.4	-1,007	489.1	671.7	810	995.6	1,199
Net margin	1.88%	5.25%	-4.84%	2.71%	3.21%	3.31%	3.56%	3.69%
EPS ²	0.3100	0.8400	-0.8900	0.4300	0.5900	0.7133	0.8775	1.058
Free Cash Flow	-	-	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-	-	-
Dividend per Share ²	-	-	-	0.0200	-	0.2300	0.2600	0.2900
Announcement Date	3/30/20	3/29/21	3/21/22	3/28/23	3/27/24	-	-	-

¹CNY in Million²CNY

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2022 S1	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4
Net sales ¹	-	4,556	5,759	3,419	5,430	5,266	6,839	4,086	5,786	5,919	7,482
EBITDA	-	-	-	-	-	-	-	-	-	-	-
EBIT	-	-	-	-	-	-	-	-	-	-	-
Operating Margin	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT)	-	-	-	-	-	-	-	-	-	-	-
Net income	205.1	-	-	-	-	-	-	-	-	-	-
Net margin	-	-	-	-	-	-	-	-	-	-	-
EPS	0.1800	-	-	-	-	-	-	-	-	-	-
Dividend per Share	-	-	-	-	-	-	-	-	-	-	-
Announcement Date	7/28/22	10/27/22	3/28/23	4/27/23	8/28/23	10/30/23	3/27/24	4/29/24	-	-	-

¹CNY in Million

Estimates

Balance Sheet Analysis

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow	-	-	-	-	-	-	-	-
ROE (net income / shareholders' equity)	4.7%	11.6%	-13.4%	7.73%	10%	10.1%	11.6%	11.9%
ROA (Net income/ Total Assets)	-	-	-	1.77%	-	2.45%	2.73%	2.65%
Assets ¹	-	-	-	27,555	-	33,061	36,424	45,236
Book Value Per Share ²	6.750	7.470	5.600	5.600	6.240	6.760	7.400	8.450
Cash Flow per Share ²	0.8600	1.870	0.9700	-0.1300	0.7600	0.9500	1.440	1.120
Capex ¹	-	-	340	309	546	189	206	161
Capex / Sales	-	-	1.64%	1.71%	2.61%	0.77%	0.73%	0.5%
Announcement Date	3/30/20	3/29/21	3/21/22	3/28/23	3/27/24	-	-	-

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

Ratings for Jangho Group Co., Ltd.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

5.95 CNY

Average target price

9.193 CNY

Spread / Average Target

+54.51%

Consensus

EPS Revisions

Estimates Revisions

Quarterly revenue - Rate of surprise

Company calendar

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