End-of-day quote
Shenzhen S.E.
06:00:00 2024-05-19 pm EDT
|
5-day change
|
1st Jan Change
|
16.95
CNY
|
+1.13%
|
|
-1.74%
|
+3.42%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
5,707
|
7,559
|
11,197
|
8,633
|
7,574
|
7,841
|
-
|
-
|
Enterprise Value (EV)
1 |
5,707
|
7,559
|
11,197
|
9,125
|
8,102
|
8,661
|
8,715
|
8,013
|
P/E ratio
|
29.5
x
|
18.8
x
|
23.5
x
|
24.9
x
|
16.8
x
|
14.9
x
|
12.8
x
|
10.4
x
|
Yield
|
1.73%
|
2.12%
|
1.45%
|
1.61%
|
2.44%
|
2.46%
|
3%
|
3.57%
|
Capitalization / Revenue
|
3.89
x
|
3.78
x
|
5.58
x
|
4.14
x
|
3.37
x
|
2.84
x
|
2.41
x
|
2.1
x
|
EV / Revenue
|
3.89
x
|
3.78
x
|
5.58
x
|
4.38
x
|
3.6
x
|
3.14
x
|
2.68
x
|
2.14
x
|
EV / EBITDA
|
16.1
x
|
12.4
x
|
19.2
x
|
17.4
x
|
11.5
x
|
11.5
x
|
9.79
x
|
7.75
x
|
EV / FCF
|
-
|
-
|
-
|
-
|
27.6
x
|
-20.9
x
|
67.6
x
|
-
|
FCF Yield
|
-
|
-
|
-
|
-
|
3.62%
|
-4.79%
|
1.48%
|
-
|
Price to Book
|
2.75
x
|
3.11
x
|
2.41
x
|
2.06
x
|
1.7
x
|
1.62
x
|
1.5
x
|
1.34
x
|
Nbr of stocks (in thousands)
|
394,965
|
400,356
|
464,207
|
463,881
|
462,139
|
462,587
|
-
|
-
|
Reference price
2 |
14.45
|
18.88
|
24.12
|
18.61
|
16.39
|
16.95
|
16.95
|
16.95
|
Announcement Date
|
2/25/20
|
3/1/21
|
3/25/22
|
3/31/23
|
3/29/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
1,467
|
2,000
|
2,007
|
2,084
|
2,249
|
2,761
|
3,255
|
3,742
|
EBITDA
1 |
355.6
|
609.7
|
583.7
|
524.7
|
704.2
|
750.6
|
890.4
|
1,034
|
EBIT
1 |
263.1
|
513.1
|
499.4
|
416.6
|
565.2
|
619.7
|
726.6
|
877.5
|
Operating Margin
|
17.94%
|
25.65%
|
24.88%
|
19.99%
|
25.13%
|
22.45%
|
22.32%
|
23.45%
|
Earnings before Tax (EBT)
1 |
259.9
|
510.9
|
487.8
|
413.8
|
566.7
|
631
|
737.1
|
907.9
|
Net income
1 |
194.4
|
398.2
|
412.8
|
346.7
|
452.9
|
529.8
|
619.7
|
763.8
|
Net margin
|
13.25%
|
19.91%
|
20.57%
|
16.63%
|
20.14%
|
19.19%
|
19.04%
|
20.41%
|
EPS
2 |
0.4894
|
1.006
|
1.026
|
0.7488
|
0.9772
|
1.136
|
1.329
|
1.638
|
Free Cash Flow
1 |
-
|
-
|
-
|
-
|
293.4
|
-415
|
129
|
-
|
FCF margin
|
-
|
-
|
-
|
-
|
13.05%
|
-15.03%
|
3.96%
|
-
|
FCF Conversion (EBITDA)
|
-
|
-
|
-
|
-
|
41.67%
|
-
|
14.49%
|
-
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
-
|
64.79%
|
-
|
20.82%
|
-
|
Dividend per Share
2 |
0.2500
|
0.4000
|
0.3500
|
0.3000
|
0.4000
|
0.4174
|
0.5084
|
0.6050
|
Announcement Date
|
2/25/20
|
3/1/21
|
3/25/22
|
3/31/23
|
3/29/24
|
-
|
-
|
-
|
Fiscal Period: December |
2022 S1
|
2022 Q3
|
2022 Q4
|
2022 S2
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 S2
|
2024 Q2
|
2024 S1
|
2024 Q3
|
2024 Q4
|
2024 S2
|
2025 Q1
|
2025 Q2
|
2025 S1
|
2025 S2
|
---|
Net sales
|
908.3
|
-
|
607.5
|
1,176
|
-
|
-
|
593.1
|
1,255
|
-
|
1,279
|
-
|
-
|
1,411
|
-
|
-
|
1,571
|
1,571
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
|
168.8
|
-
|
132
|
247.9
|
-
|
-
|
110.8
|
349.3
|
-
|
236.7
|
-
|
-
|
282
|
-
|
-
|
312.4
|
311.5
|
Operating Margin
|
18.58%
|
-
|
21.72%
|
21.08%
|
-
|
-
|
18.69%
|
27.84%
|
-
|
18.5%
|
-
|
-
|
19.99%
|
-
|
-
|
19.89%
|
19.83%
|
Earnings before Tax (EBT)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
|
-
|
93.19
|
-
|
-
|
-
|
97.45
|
95.43
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net margin
|
-
|
-
|
-
|
-
|
-
|
-
|
16.09%
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EPS
|
-
|
0.2009
|
0.2500
|
-
|
0.1742
|
0.2100
|
0.2100
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
1 |
-
|
-
|
0.3000
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
0.4598
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
8/25/22
|
10/25/22
|
3/31/23
|
3/31/23
|
4/26/23
|
8/25/23
|
10/25/23
|
3/29/24
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
492
|
528
|
820
|
874
|
172
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
0.9383
x
|
0.7495
x
|
1.093
x
|
0.9812
x
|
0.1664
x
|
Free Cash Flow
1 |
-
|
-
|
-
|
-
|
293
|
-415
|
129
|
-
|
ROE (net income / shareholders' equity)
|
9.41%
|
17.5%
|
12.7%
|
8.41%
|
10.4%
|
11%
|
11.7%
|
12.8%
|
ROA (Net income/ Total Assets)
|
5.92%
|
10.7%
|
8.61%
|
5.88%
|
-
|
7.75%
|
8.42%
|
9.15%
|
Assets
1 |
3,281
|
3,731
|
4,795
|
5,899
|
-
|
6,836
|
7,365
|
8,348
|
Book Value Per Share
2 |
5.250
|
6.070
|
10.00
|
9.020
|
9.640
|
10.50
|
11.30
|
12.60
|
Cash Flow per Share
2 |
0.9500
|
0.9600
|
0.9500
|
0.8300
|
0.8100
|
0.9900
|
1.550
|
1.540
|
Capex
1 |
228
|
259
|
303
|
372
|
84.8
|
275
|
254
|
329
|
Capex / Sales
|
15.57%
|
12.95%
|
15.08%
|
17.86%
|
3.77%
|
9.94%
|
7.8%
|
8.79%
|
Announcement Date
|
2/25/20
|
3/1/21
|
3/25/22
|
3/31/23
|
3/29/24
|
-
|
-
|
-
|
Last Close Price
16.95
CNY Average target price
21.14
CNY Spread / Average Target +24.70% Consensus |
1st Jan change
|
Capi.
|
---|
| +3.42% | 1.08B | | -11.64% | 79.57B | | +14.09% | 8.4B | | -1.25% | 3.18B | | +14.53% | 1.67B | | -1.11% | 1.64B | | -17.54% | 1.38B | | +0.59% | 1.32B | | -4.96% | 1.24B | | +4.11% | 1.12B |
Veterinary Drugs
|