Financials New Hope Liuhe Co.,Ltd.

Equities

000876

CNE000000VB0

Fishing & Farming

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
8.92 CNY -4.09% Intraday chart for New Hope Liuhe Co.,Ltd. -4.09% -4.29%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 82,650 99,273 67,465 57,696 42,099 40,292 -
Enterprise Value (EV) 1 82,650 128,635 116,869 110,826 91,647 75,083 68,597
P/E ratio 16.4 x 19.1 x -6.91 x -35.9 x 233 x 20.9 x 8.16 x
Yield 0.75% - - - - 0.84% 2.54%
Capitalization / Revenue 1.01 x 0.9 x 0.53 x 0.41 x 0.3 x 0.26 x 0.24 x
EV / Revenue 1.01 x 1.17 x 0.93 x 0.78 x 0.65 x 0.49 x 0.42 x
EV / EBITDA 10.3 x 12.9 x -78.2 x 26.3 x 20.5 x 8.16 x 5.07 x
EV / FCF - - -7,182,946 x 41,158,853 x - - -
FCF Yield - - -0% 0% - - -
Price to Book 3.23 x 2.67 x 2.47 x 2.25 x 1.95 x 1.32 x 1.16 x
Nbr of stocks (in thousands) 4,142,848 4,431,843 4,435,573 4,469,125 4,517,090 4,517,092 -
Reference price 2 19.95 22.40 15.21 12.91 9.320 8.920 8.920
Announcement Date 3/31/20 3/4/21 4/27/22 4/28/23 4/29/24 - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net sales 1 82,051 109,825 126,262 141,508 141,703 154,426 164,593
EBITDA 1 8,023 10,000 -1,495 4,219 4,480 9,200 13,528
EBIT 1 6,669 6,730 -6,955 -587 300.3 3,162 6,372
Operating Margin 8.13% 6.13% -5.51% -0.41% 0.21% 2.05% 3.87%
Earnings before Tax (EBT) 1 6,431 6,164 -9,091 -1,760 -681.8 2,462 5,649
Net income 1 5,042 4,944 -9,591 -1,461 249.2 1,931 4,953
Net margin 6.14% 4.5% -7.6% -1.03% 0.18% 1.25% 3.01%
EPS 2 1.220 1.170 -2.200 -0.3600 0.0400 0.4261 1.093
Free Cash Flow - - -16,270 2,693 - - -
FCF margin - - -12.89% 1.9% - - -
FCF Conversion (EBITDA) - - - 63.82% - - -
FCF Conversion (Net income) - - - - - - -
Dividend per Share 2 0.1500 - - - - 0.0748 0.2263
Announcement Date 3/31/20 3/4/21 4/27/22 4/28/23 4/29/24 - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 Q4 2022 S1 2022 Q3 2022 Q4
Net sales 1 - 31,786 - - 41,088
EBITDA - - - - -
EBIT 1 - -2,996 - - 1,910
Operating Margin - -9.43% - - 4.65%
Earnings before Tax (EBT) - - - - -
Net income 3,164 - -4,140 1,433 -
Net margin - - - - -
EPS 2 - -0.7200 -0.9300 0.3200 0.2500
Dividend per Share - - - - -
Announcement Date 8/28/20 4/27/22 8/31/22 10/30/22 4/28/23
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net Debt 1 - 29,362 49,404 53,130 49,547 34,790 28,304
Net Cash position 1 - - - - - - -
Leverage (Debt/EBITDA) - 2.936 x -33.05 x 12.59 x 11.06 x 3.781 x 2.092 x
Free Cash Flow - - -16,270 2,693 - - -
ROE (net income / shareholders' equity) 20.6% 16.1% -28.6% -5.55% 0.71% 4.78% 13%
ROA (Net income/ Total Assets) 8.99% 5.69% -7.92% -1.08% - 1.9% 4.2%
Assets 1 56,078 86,832 121,089 134,705 - 101,612 117,921
Book Value Per Share 2 6.180 8.400 6.160 5.740 4.790 6.770 7.700
Cash Flow per Share 2 1.050 1.260 0.1100 2.040 3.060 1.960 2.850
Capex 1 8,821 33,410 16,772 6,546 3,320 3,363 4,000
Capex / Sales 10.75% 30.42% 13.28% 4.63% 2.34% 2.18% 2.43%
Announcement Date 3/31/20 3/4/21 4/27/22 4/28/23 4/29/24 - -
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
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
6
Last Close Price
8.92 CNY
Average target price
10.45 CNY
Spread / Average Target
+17.13%
Consensus
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