Financials Jiangxi Guoguang Commercial Chains Co., Ltd.

Equities

605188

CNE1000041H9

Food Retail & Distribution

End-of-day quote Shanghai S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
7.08 CNY +3.96% Intraday chart for Jiangxi Guoguang Commercial Chains Co., Ltd. +1.00% -16.80%

Valuation

Fiscal Period: December 2020 2021 2022 2023
Capitalization 1 4,941 3,960 5,055 4,217
Enterprise Value (EV) 1 4,321 4,030 5,048 4,186
P/E ratio 43.3 x 133 x 255 x 284 x
Yield 0.75% 0.38% 0.1% -
Capitalization / Revenue 2.19 x 1.85 x 2.25 x 1.75 x
EV / Revenue 1.92 x 1.88 x 2.24 x 1.74 x
EV / EBITDA 26.3 x 48.2 x 58.9 x 50.5 x
EV / FCF 43.5 x 70.7 x 126 x 26.9 x
FCF Yield 2.3% 1.41% 0.79% 3.72%
Price to Book 4.46 x 3.6 x 4.58 x 1.35 x
Nbr of stocks (in thousands) 495,580 495,580 495,580 495,580
Reference price 2 9.970 7.990 10.20 8.510
Announcement Date 4/28/21 4/28/22 4/26/23 4/25/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 2,293 2,527 2,254 2,143 2,250 2,412
EBITDA 1 147.4 190.1 164.1 83.54 85.72 82.93
EBIT 1 111.4 143.7 117.3 33.61 34.94 31.79
Operating Margin 4.86% 5.69% 5.2% 1.57% 1.55% 1.32%
Earnings before Tax (EBT) 1 114.5 155 140.8 38.16 26.76 21.93
Net income 1 85.51 114.5 106 30.12 18.81 14.52
Net margin 3.73% 4.53% 4.7% 1.41% 0.84% 0.6%
EPS 2 0.2500 0.2600 0.2300 0.0600 0.0400 0.0300
Free Cash Flow 1 128.5 -33.22 99.4 57.02 40.05 155.5
FCF margin 5.6% -1.31% 4.41% 2.66% 1.78% 6.45%
FCF Conversion (EBITDA) 87.13% - 60.57% 68.25% 46.72% 187.57%
FCF Conversion (Net income) 150.22% - 93.79% 189.28% 212.91% 1,070.99%
Dividend per Share - - 0.0750 0.0300 0.0100 -
Announcement Date 4/12/19 6/16/20 4/28/21 4/28/22 4/26/23 4/25/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - 70.8 - -
Net Cash position 1 186 246 620 - 7.33 31.8
Leverage (Debt/EBITDA) - - - 0.847 x - -
Free Cash Flow 1 128 -33.2 99.4 57 40 156
ROE (net income / shareholders' equity) 17.4% 15.1% 11% 2.73% 1.71% 1.31%
ROA (Net income/ Total Assets) 5.26% 5.49% 3.8% 0.88% 0.82% 0.74%
Assets 1 1,627 2,085 2,789 3,432 2,287 1,958
Book Value Per Share 2 1.570 1.830 2.230 2.220 2.230 6.310
Cash Flow per Share 2 0.3900 0.5200 0.7600 0.8900 1.220 3.940
Capex 1 68.4 86.9 54.3 77.3 116 60.2
Capex / Sales 2.98% 3.44% 2.41% 3.61% 5.17% 2.49%
Announcement Date 4/12/19 6/16/20 4/28/21 4/28/22 4/26/23 4/25/24
1CNY in Million2CNY
Estimates
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