End-of-day quote
Shanghai S.E.
06:00:00 2024-05-08 pm EDT
|
5-day change
|
1st Jan Change
|
29.58
CNY
|
+2.78%
|
|
+0.27%
|
+5.27%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
31,348
|
53,096
|
29,274
|
28,426
|
21,665
|
22,686
|
-
|
-
|
Enterprise Value (EV)
1 |
31,182
|
53,214
|
28,727
|
27,800
|
21,265
|
21,996
|
21,112
|
20,888
|
P/E ratio
|
43.7
x
|
59.7
x
|
40.3
x
|
-48
x
|
12.8
x
|
29.1
x
|
23.9
x
|
19.2
x
|
Yield
|
0.71%
|
1.02%
|
0.79%
|
-
|
1.42%
|
1.2%
|
1.47%
|
1.73%
|
Capitalization / Revenue
|
6.71
x
|
10.4
x
|
5.72
x
|
5.32
x
|
4.22
x
|
3.93
x
|
3.37
x
|
2.89
x
|
EV / Revenue
|
6.67
x
|
10.4
x
|
5.62
x
|
5.2
x
|
4.14
x
|
3.81
x
|
3.13
x
|
2.66
x
|
EV / EBITDA
|
29.1
x
|
40.2
x
|
27.8
x
|
31.5
x
|
25.9
x
|
20.5
x
|
16
x
|
13.5
x
|
EV / FCF
|
37.7
x
|
78.9
x
|
33.9
x
|
82.5
x
|
37.2
x
|
28.5
x
|
26.4
x
|
20.7
x
|
FCF Yield
|
2.65%
|
1.27%
|
2.95%
|
1.21%
|
2.69%
|
3.51%
|
3.78%
|
4.83%
|
Price to Book
|
7.94
x
|
11.5
x
|
7.89
x
|
9.62
x
|
4.69
x
|
4.32
x
|
4.02
x
|
3.36
x
|
Nbr of stocks (in thousands)
|
796,637
|
796,637
|
770,988
|
770,988
|
770,988
|
766,925
|
-
|
-
|
Reference price
2 |
39.35
|
66.65
|
37.97
|
36.87
|
28.10
|
28.78
|
28.78
|
28.78
|
Announcement Date
|
2/28/20
|
3/12/21
|
1/28/22
|
3/20/23
|
3/29/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
4,675
|
5,123
|
5,116
|
5,341
|
5,139
|
5,771
|
6,738
|
7,841
|
EBITDA
1 |
1,072
|
1,322
|
1,035
|
883.7
|
820.9
|
1,074
|
1,319
|
1,546
|
EBIT
1 |
930.9
|
1,169
|
877.5
|
705.7
|
632.8
|
887.3
|
1,089
|
1,353
|
Operating Margin
|
19.91%
|
22.81%
|
17.15%
|
13.21%
|
12.31%
|
15.37%
|
16.15%
|
17.26%
|
Earnings before Tax (EBT)
1 |
928
|
1,130
|
876.5
|
-474.4
|
1,802
|
905.1
|
1,123
|
1,386
|
Net income
1 |
717.9
|
889.9
|
742
|
-592.2
|
1,697
|
771.7
|
939.4
|
1,167
|
Net margin
|
15.36%
|
17.37%
|
14.5%
|
-11.09%
|
33.02%
|
13.37%
|
13.94%
|
14.88%
|
EPS
2 |
0.9012
|
1.117
|
0.9431
|
-0.7682
|
2.201
|
0.9876
|
1.202
|
1.497
|
Free Cash Flow
1 |
826.5
|
674.4
|
846.3
|
336.8
|
571.1
|
773
|
799
|
1,010
|
FCF margin
|
17.68%
|
13.16%
|
16.54%
|
6.31%
|
11.11%
|
13.39%
|
11.86%
|
12.88%
|
FCF Conversion (EBITDA)
|
77.11%
|
51%
|
81.77%
|
38.12%
|
69.57%
|
72%
|
60.58%
|
65.32%
|
FCF Conversion (Net income)
|
115.12%
|
75.78%
|
114.06%
|
-
|
33.65%
|
100.17%
|
85.06%
|
86.5%
|
Dividend per Share
2 |
0.2800
|
0.6800
|
0.3000
|
-
|
0.4000
|
0.3446
|
0.4241
|
0.4992
|
Announcement Date
|
2/28/20
|
3/12/21
|
1/28/22
|
3/20/23
|
3/29/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q4
|
2021 S2
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
---|
Net sales
1 |
1,704
|
2,800
|
-
|
1,305
|
2,652
|
1,304
|
1,385
|
1,367
|
1,288
|
1,299
|
1,186
|
1,485
|
1,435
|
1,441
|
1,345
|
-
|
-
|
EBITDA
1 |
453.3
|
-
|
-
|
217.7
|
-
|
172.5
|
-
|
-
|
-
|
-
|
-
|
-
|
259.2
|
259.2
|
238.5
|
-
|
-
|
EBIT
1 |
410.9
|
517.1
|
-
|
194.2
|
-
|
128.9
|
184.1
|
183.9
|
181.6
|
209.4
|
57.95
|
307.4
|
226.7
|
230
|
180.8
|
-
|
-
|
Operating Margin
|
24.12%
|
18.47%
|
-
|
14.88%
|
-
|
9.89%
|
13.29%
|
13.46%
|
14.1%
|
16.12%
|
4.89%
|
20.7%
|
15.8%
|
15.96%
|
13.45%
|
-
|
-
|
Earnings before Tax (EBT)
1 |
411
|
516.2
|
-
|
193
|
-
|
129.4
|
-993.5
|
184.6
|
-1,556
|
209
|
2,964
|
306.7
|
222
|
222
|
204.3
|
-
|
-
|
Net income
1 |
375.2
|
462.1
|
-
|
154.7
|
313.1
|
105.6
|
-1,011
|
149.7
|
-1,593
|
170.4
|
2,969
|
239
|
187.3
|
187.3
|
172.3
|
-
|
-
|
Net margin
|
22.02%
|
16.51%
|
-
|
11.85%
|
11.81%
|
8.1%
|
-72.99%
|
10.95%
|
-123.68%
|
13.12%
|
250.34%
|
16.1%
|
13.05%
|
13%
|
12.82%
|
-
|
-
|
EPS
2 |
0.4800
|
-
|
0.2055
|
0.2000
|
-
|
0.1300
|
-1.310
|
0.1941
|
-2.060
|
0.2200
|
3.850
|
0.3117
|
0.2385
|
0.2385
|
0.2194
|
-
|
-
|
Dividend per Share
2 |
0.3000
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
0.4770
|
-
|
-
|
Announcement Date
|
1/28/22
|
1/28/22
|
4/24/22
|
8/18/22
|
8/18/22
|
10/27/22
|
3/20/23
|
4/26/23
|
8/30/23
|
10/18/23
|
3/29/24
|
4/23/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
119
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
166
|
-
|
547
|
627
|
400
|
690
|
1,574
|
1,798
|
Leverage (Debt/EBITDA)
|
-
|
0.0896
x
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
826
|
674
|
846
|
337
|
571
|
773
|
799
|
1,010
|
ROE (net income / shareholders' equity)
|
19.4%
|
21%
|
17.5%
|
-17.4%
|
44%
|
15.2%
|
16.8%
|
17.8%
|
ROA (Net income/ Total Assets)
|
12%
|
14.1%
|
12%
|
9.16%
|
-
|
11.2%
|
12.3%
|
13.5%
|
Assets
1 |
5,969
|
6,306
|
6,196
|
-6,464
|
-
|
6,911
|
7,625
|
8,624
|
Book Value Per Share
2 |
4.960
|
5.790
|
4.810
|
3.830
|
5.990
|
6.670
|
7.160
|
8.570
|
Cash Flow per Share
2 |
1.330
|
1.260
|
1.520
|
0.8600
|
1.070
|
1.220
|
1.300
|
1.640
|
Capex
1 |
232
|
327
|
366
|
341
|
271
|
272
|
287
|
337
|
Capex / Sales
|
4.97%
|
6.38%
|
7.16%
|
6.38%
|
5.27%
|
4.72%
|
4.26%
|
4.3%
|
Announcement Date
|
2/28/20
|
3/12/21
|
1/28/22
|
3/20/23
|
3/29/24
|
-
|
-
|
-
|
Last Close Price
28.78
CNY Average target price
35.5
CNY Spread / Average Target +23.34% Consensus |
1st Jan change
|
Capi.
|
---|
| +5.27% | 3.05B | | +2.58% | 30.04B | | +18.92% | 24.83B | | +5.66% | 11.25B | | +18.18% | 5.36B | | +21.05% | 4.46B | | -8.21% | 3.8B | | +3.03% | 3.39B | | +29.56% | 2.84B | | -1.72% | 2.65B |
Food Ingredients
|