Financials Joeone Co.,Ltd

Equities

601566

CNE1000013C9

Apparel & Accessories

End-of-day quote Shanghai S.E. 06:00:00 2024-05-13 pm EDT 5-day change 1st Jan Change
10.72 CNY +4.28% Intraday chart for Joeone Co.,Ltd +1.13% +7.52%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 6,574 6,551 7,103 4,384 5,729 6,160 - -
Enterprise Value (EV) 1 6,574 6,551 7,103 4,384 5,729 6,160 6,160 6,160
P/E ratio 17.9 x 17.8 x 36.4 x -47.7 x 30.2 x 18.6 x 13.8 x 12.1 x
Yield 5.68% 4.39% 4.05% 1.31% 3.01% 2.97% 4.09% 2.43%
Capitalization / Revenue 2.3 x 2.45 x 2.33 x 1.67 x 1.88 x 1.77 x 1.58 x 1.45 x
EV / Revenue 2.3 x 2.45 x 2.33 x 1.67 x 1.88 x 1.77 x 1.58 x 1.45 x
EV / EBITDA - - 18.6 x 349 x 16.4 x 11.5 x 8.8 x 7.3 x
EV / FCF - - - - 10.1 x -1,027 x 34 x 24.2 x
FCF Yield - - - - 9.85% -0.1% 2.94% 4.14%
Price to Book 1.54 x 1.56 x 1.75 x 1.17 x 1.46 x 1.45 x 1.34 x 1.25 x
Nbr of stocks (in thousands) 574,637 574,637 574,637 574,637 574,637 574,637 - -
Reference price 2 11.44 11.40 12.36 7.630 9.970 10.28 10.28 10.28
Announcement Date 4/23/20 4/26/21 4/25/22 4/25/23 4/25/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,857 2,672 3,050 2,620 3,055 3,476 3,896 4,263
EBITDA 1 - - 381.6 12.57 349.7 534 700 844
EBIT 1 457.3 434.5 219.9 -114 238.1 408.7 551.3 607.5
Operating Margin 16.01% 16.26% 7.21% -4.35% 7.8% 11.76% 14.15% 14.25%
Earnings before Tax (EBT) 1 460.6 430.3 200.7 -112.3 254 408.3 553 611
Net income 1 370.1 368.9 194.6 -93.42 191.2 316 428 489
Net margin 12.95% 13.8% 6.38% -3.57% 6.26% 9.09% 10.99% 11.47%
EPS 2 0.6400 0.6400 0.3400 -0.1600 0.3300 0.5533 0.7433 0.8500
Free Cash Flow 1 - - - - 564.5 -6 181 255
FCF margin - - - - 18.48% -0.17% 4.65% 5.98%
FCF Conversion (EBITDA) - - - - 161.42% - 25.86% 30.21%
FCF Conversion (Net income) - - - - 295.17% - 42.29% 52.15%
Dividend per Share 2 0.6500 0.5000 0.5000 0.1000 0.3000 0.3050 0.4200 0.2500
Announcement Date 4/23/20 4/26/21 4/25/22 4/25/23 4/25/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2023 S1
Net sales 1 1,401
EBITDA -
EBIT -
Operating Margin -
Earnings before Tax (EBT) -
Net income 1 92.42
Net margin 6.6%
EPS -
Dividend per Share -
Announcement Date 8/24/23
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 1 - - - - 564 -6 181 255
ROE (net income / shareholders' equity) 8.6% 8.78% 4.74% -2.4% 4.98% 7.87% 9.9% 10.5%
ROA (Net income/ Total Assets) 6.22% 6.3% 3.22% -1.58% - 5.75% 7.55% 8.6%
Assets 1 5,947 5,858 6,034 5,915 - 5,496 5,669 5,686
Book Value Per Share 2 7.420 7.310 7.080 6.540 6.820 7.110 7.640 8.230
Cash Flow per Share 2 0.4500 0.4500 0.3500 0.4700 1.010 1.050 1.060 -
Capex 1 106 83.8 92 55.4 18.2 81.5 64.5 120
Capex / Sales 3.73% 3.13% 3.01% 2.11% 0.59% 2.34% 1.66% 2.81%
Announcement Date 4/23/20 4/26/21 4/25/22 4/25/23 4/25/24 - - -
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

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
10.72 CNY
Average target price
12.2 CNY
Spread / Average Target
+13.81%
Consensus

Annual profits - Rate of surprise

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