Financials China Dongxiang (Group) Co., Ltd.

Equities

Market Closed - Hong Kong S.E. Other stock markets 04:09:00 2024-05-03 am EDT			5-day change	1st Jan Change
0.385 ^HKD	+1.32%		+10.00%	+35.09%

Jan. 19	China Dongxiang Logs Up to 30% Rise in Same-Store Sales in Fiscal Q3	MT
Jan. 19	China Dongxiang Co., Ltd. Reports Same Store Sales Results for the Third Quarter and Nine Months Ended 31 December 2023	CI

Fiscal Period: March	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	5,738	3,602	4,448	2,374	1,744	2,064	-	-
Enterprise Value (EV) ¹	5,738	3,602	4,448	2,374	1,744	2,064	2,064	2,064
P/E ratio	0.07 x	9.79 x	2.46 x	-1.36 x	15.2 x	11.7 x	7.04 x	7.04 x
Yield	-	6.63%	14.2%	-	1.65%	5.68%	8.52%	11.4%
Capitalization / Revenue	2.68 x	1.96 x	2.08 x	1.24 x	1.04 x	1.18 x	1.07 x	0.99 x
EV / Revenue	2.68 x	1.96 x	2.08 x	1.24 x	1.04 x	1.18 x	1.07 x	0.99 x
EV / EBITDA	-	-	2.12 x	-1.42 x	8.33 x	12.2 x	6.57 x	5.5 x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Price to Book	-	0.34 x	0.39 x	0.25 x	0.18 x	0.21 x	0.21 x	0.21 x
Nbr of stocks (in thousands)	5,886,121	5,886,121	5,863,171	5,864,511	5,864,511	5,864,511	-	-
Reference price ²	0.9748	0.6120	0.7586	0.4049	0.2975	0.3519	0.3519	0.3519
Announcement Date	7/3/19	6/17/20	6/23/21	6/22/22	6/21/23	-	-	-

¹CNY in Million²CNY

Estimates

Fiscal Period: March	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	2,144	1,841	2,142	1,916	1,679	1,754	1,926	2,090
EBITDA ¹	-	-	2,097	-1,677	209.5	169	314	375
EBIT ¹	-	483.6	2,015	-1,751	137.8	141	281	336
Operating Margin	-	26.27%	94.06%	-91.38%	8.21%	8.04%	14.59%	16.08%
Earnings before Tax (EBT) ¹	-	445.4	1,974	-1,763	174	206	344	399
Net income ¹	-	359.7	1,811	-1,747	115	164	275	319
Net margin	-	19.54%	84.51%	-91.19%	6.85%	9.35%	14.28%	15.26%
EPS ²	14.91	0.0625	0.3088	-0.2979	0.0196	0.0300	0.0500	0.0500
Free Cash Flow	-	-	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-	-	-
Dividend per Share ²	-	0.0406	0.1077	-	0.004900	0.0200	0.0300	0.0400
Announcement Date	7/3/19	6/17/20	6/23/21	6/22/22	6/21/23	-	-	-

¹CNY in Million²CNY

Estimates

Fiscal Period: March	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow	-	-	-	-	-	-	-	-
ROE (net income / shareholders' equity)	-	3.45%	16.4%	-16.7%	1.21%	1.7%	2.8%	3.2%
ROA (Net income/ Total Assets)	-	1.67%	14.9%	-15.1%	1.09%	1.6%	2.6%	2.9%
Assets ¹	-	21,542	12,164	11,562	10,531	10,250	10,577	11,000
Book Value Per Share ²	-	1.810	1.970	1.590	1.650	1.650	1.680	1.700
Cash Flow per Share ²	-	-	0.0100	-0.0400	0.0200	0.0200	0.0300	0.0400
Capex ¹	-	3.02	3.5	49.5	71.3	83	91	99
Capex / Sales	-	0.16%	0.16%	2.58%	4.25%	4.73%	4.72%	4.74%
Announcement Date	7/3/19	6/17/20	6/23/21	6/22/22	6/21/23	-	-	-

¹CNY in Million²CNY

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.3519 CNY

Average target price

0.425 CNY

Spread / Average Target

+20.77%

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