SHANGHAI SHIMAO CO.,LTD Financials Shanghai Shimao Co.,Ltd
Equities
600823
CNE000000CH7
Real Estate Development & Operations
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 0.49 CNY | -5.77% |
|
-23.44% | -57.02% |
| May. 06 | Chinese Court Freezes Tibet Shimao Enterprise's 6% Stake in Shanghai Shimao; Shares Drop 5% | MT |
| May. 06 | Shanghai Shimao's Debt Reaches 12 Billion Yuan in April; Shares Down 5% | MT |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 14,104 | 16,880 | 17,293 | 12,304 | 8,853 | 4,240 |
| Enterprise Value (EV) 1 | 23,544 | 26,426 | 26,017 | 41,138 | 38,233 | 30,089 |
| P/E ratio | 5.88 x | 6.92 x | 11.2 x | 12.6 x | -1.95 x | -0.48 x |
| Yield | 6.91% | 5.78% | 3.69% | - | - | - |
| Capitalization / Revenue | 0.68 x | 0.79 x | 0.8 x | 0.63 x | 1.54 x | 0.76 x |
| EV / Revenue | 1.14 x | 1.23 x | 1.2 x | 2.12 x | 6.65 x | 5.42 x |
| EV / EBITDA | 3.82 x | 5.8 x | 5.56 x | 11.3 x | -7.77 x | 24.5 x |
| EV / FCF | -1.65 x | 1.75 x | 4.41 x | -2.51 x | 10 x | 13.3 x |
| FCF Yield | -60.6% | 57.1% | 22.7% | -39.9% | 9.96% | 7.54% |
| Price to Book | 0.6 x | 0.67 x | 0.66 x | 0.48 x | 0.43 x | 0.4 x |
| Nbr of stocks (in thousands) | 3,751,168 | 3,751,168 | 3,751,168 | 3,751,168 | 3,751,168 | 3,719,418 |
| Reference price 2 | 3.760 | 4.500 | 4.610 | 3.280 | 2.360 | 1.140 |
| Announcement Date | 3/21/19 | 3/25/20 | 3/24/21 | 4/22/22 | 4/28/23 | 4/29/24 |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 20,674 | 21,449 | 21,705 | 19,392 | 5,747 | 5,547 |
| EBITDA 1 | 6,158 | 4,554 | 4,679 | 3,657 | -4,922 | 1,228 |
| EBIT 1 | 6,060 | 4,469 | 4,585 | 3,509 | -5,053 | 1,122 |
| Operating Margin | 29.31% | 20.84% | 21.12% | 18.1% | -87.92% | 20.23% |
| Earnings before Tax (EBT) 1 | 6,642 | 5,349 | 4,505 | 3,055 | -8,249 | -14,808 |
| Net income 1 | 2,404 | 2,430 | 1,550 | 961 | -4,531 | -8,996 |
| Net margin | 11.63% | 11.33% | 7.14% | 4.96% | -78.84% | -162.19% |
| EPS 2 | 0.6400 | 0.6500 | 0.4100 | 0.2600 | -1.210 | -2.400 |
| Free Cash Flow 1 | -14,269 | 15,081 | 5,895 | -16,407 | 3,807 | 2,267 |
| FCF margin | -69.02% | 70.31% | 27.16% | -84.61% | 66.25% | 40.88% |
| FCF Conversion (EBITDA) | - | 331.14% | 126% | - | - | 184.58% |
| FCF Conversion (Net income) | - | 620.74% | 380.29% | - | - | - |
| Dividend per Share 2 | 0.2600 | 0.2600 | 0.1700 | - | - | - |
| Announcement Date | 3/21/19 | 3/25/20 | 3/24/21 | 4/22/22 | 4/28/23 | 4/29/24 |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 |
|---|---|---|---|---|
| Net sales 1 | 4,322 | 2,642 | 937.2 | 925.4 |
| EBITDA | - | - | - | - |
| EBIT 1 | -194 | 413.2 | -1,012 | -85.15 |
| Operating Margin | -4.49% | 15.64% | -107.98% | -9.2% |
| Earnings before Tax (EBT) | - | - | - | - |
| Net income | - | - | - | - |
| Net margin | - | - | - | - |
| EPS 2 | -0.0600 | 0.0300 | -0.1200 | -0.0100 |
| Dividend per Share | - | - | - | - |
| Announcement Date | 4/22/22 | 4/29/22 | 8/30/22 | 10/29/22 |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 9,440 | 9,545 | 8,724 | 28,834 | 29,380 | 25,849 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 1.533 x | 2.096 x | 1.865 x | 7.885 x | -5.969 x | 21.04 x |
| Free Cash Flow 1 | -14,269 | 15,081 | 5,895 | -16,407 | 3,807 | 2,267 |
| ROE (net income / shareholders' equity) | 11.9% | 8.26% | 6.62% | 4.32% | -16.3% | -49.3% |
| ROA (Net income/ Total Assets) | 3.78% | 2.37% | 2.07% | 1.5% | -2.31% | 0.55% |
| Assets 1 | 63,546 | 102,586 | 74,895 | 64,042 | 196,158 | -1,622,909 |
| Book Value Per Share 2 | 6.310 | 6.770 | 6.950 | 6.880 | 5.530 | 2.830 |
| Cash Flow per Share 2 | 2.760 | 3.420 | 3.830 | 2.370 | 1.060 | 0.6400 |
| Capex 1 | 8,323 | 1,001 | 1,015 | 1,142 | 273 | 12.1 |
| Capex / Sales | 40.26% | 4.66% | 4.68% | 5.89% | 4.75% | 0.22% |
| Announcement Date | 3/21/19 | 3/25/20 | 3/24/21 | 4/22/22 | 4/28/23 | 4/29/24 |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| -57.02% | 252M | |
| +14.64% | 29.29B | |
| +36.86% | 28.36B | |
| -8.82% | 25.5B | |
| +13.69% | 24.47B | |
| +50.95% | 23.83B | |
| +11.92% | 21.57B | |
| +1.39% | 19.32B | |
| +31.19% | 16.73B | |
| -1.82% | 15.96B |
- Stock Market
- Equities
- 600823 Stock
- Financials Shanghai Shimao Co.,Ltd
