MIDEA GROUP CO., LTD

000333
End-of-day quote. End-of-day quote  - 11/30
67.78CNY -0.57%
Valuation
Fiscal Period: December 2020 2021
Capitalization1 687 063465 473
Entreprise Value (EV)1 664 934415 446
P/E ratio 25,2x16,4x
Yield 1,63%2,73%
Capitalization / Revenue 2,42x1,43x
EV / Revenue 2,34x1,27x
EV / EBITDA 18,2x12,5x
Price to Book 5,89x3,57x
Nbr of stocks (in thousands) 6 979 5106 867 408
Reference price (CNY) 98,467,8
Announcement Date 04/29/2021-
Previous period Next period
1 CNY in Million
Estimates
Income Statement Evolution
Annual Income Statement Data
Fiscal Period: December 2020 2021
Net sales1 284 221326 190
EBITDA1 36 51433 172
Operating profit (EBIT)1 31 49329 503
Operating Margin 11,1%9,04%
Pre-Tax Profit (EBT)1 31 66433 918
Net income1 27 22328 939
Net margin 9,58%8,87%
EPS2 3,904,14
Dividend per Share2 1,601,85
Announcement Date 04/29/2021-
Previous period Next period
1 CNY in Million
2 CNY
Finances - Leverage
Fiscal Period: December 2020 2021
Net Debt1 --
Net Cash position1 22 12950 026
Leverage (Debt / EBITDA) -0,61x-1,51x
Free Cash Flow1 25 17435 740
ROE (Net Profit / Equities) 25,0%21,9%
Shareholders' equity1 109 110132 065
ROA (Net Profit / Asset) 8,22%7,42%
Assets1 331 180389 773
Book Value Per Share2 16,719,0
Cash Flow per Share2 4,204,46
Capex1 4 3834 884
Capex / Sales 1,54%1,50%
Announcement Date 04/29/2021-
Previous period Next period
1 CNY in Million
2 CNY
Financial Ratios
Size 2021e 2022e
Capitalization 465 473 M CNY -
Entreprise Value (EV) 415 446 M CNY 384 290 M CNY
Valuation 2021e 2022e
P/E ratio (Price / EPS) 16,4x 14,3x
Capitalization / Revenue 1,43x 1,30x
EV / Revenue 1,27x 1,16x
EV / EBITDA 12,5x 10,7x
Yield (DPS / Price) 2,73% 3,13%
Price to book (Price / BVPS) 3,57x 3,12x
Profitability 2021e 2022e
Operating Margin (EBIT / Sales) 9,04% 9,74%
Operating Leverage (Delta EBIT / Delta Sales) - 1,89x
Net Margin (Net Profit / Revenue) 8,87% 9,30%
ROA (Net Profit / Asset) 7,42% 7,88%
ROE (Net Profit / Equities) 21,9% 22,5%
Rate of Dividend 44,7% 44,6%
Balance Sheet Analysis 2021e 2022e
CAPEX / Sales   1,50% 1,43%
Cash Flow / Sales 9,38% 10,1%
Capital Intensity (Assets / Sales) 1,19x 1,18x
Financial Leverage (Net Debt / EBITDA) - -
Price Earning Ratio
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
EPS & Dividend