Financials China Jushi Co., Ltd.

Equities

600176

CNE000000YM1

Textiles & Leather Goods

End-of-day quote Shanghai S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
11.93 CNY -0.75% Intraday chart for China Jushi Co., Ltd. +0.08% +21.36%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 38,175 69,906 72,857 54,883 39,351 47,757 - -
Enterprise Value (EV) 1 49,084 79,115 82,465 64,245 50,214 59,527 60,266 58,959
P/E ratio 17.9 x 28.9 x 12.1 x 8.3 x 12.9 x 17.9 x 13 x 11.4 x
Yield 1.77% 1.12% 2.64% 3.8% 2.8% 1.96% 2.69% 3.22%
Capitalization / Revenue 3.64 x 5.99 x 3.7 x 2.72 x 2.65 x 2.88 x 2.44 x 2.26 x
EV / Revenue 4.68 x 6.78 x 4.18 x 3.18 x 3.38 x 3.59 x 3.08 x 2.78 x
EV / EBITDA 13.5 x 19.1 x 9.04 x 6.52 x 8.6 x 10.2 x 8.61 x 7.55 x
EV / FCF - 139 x 24.3 x 35.2 x 52.8 x 144 x -1,944 x -68.6 x
FCF Yield - 0.72% 4.11% 2.84% 1.89% 0.7% -0.05% -1.46%
Price to Book 2.44 x 4.01 x 3.23 x 1.99 x 1.37 x 1.57 x 1.42 x 1.33 x
Nbr of stocks (in thousands) 4,003,140 4,003,140 4,003,137 4,003,137 4,003,137 4,003,137 - -
Reference price 2 9.536 17.46 18.20 13.71 9.830 11.93 11.93 11.93
Announcement Date 3/22/20 3/19/21 3/18/22 3/20/23 3/19/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 10,493 11,666 19,707 20,192 14,876 16,577 19,559 21,172
EBITDA 1 3,626 4,145 9,118 9,858 5,836 5,847 7,003 7,805
EBIT 1 2,524 2,871 7,311 8,124 3,776 3,267 4,626 5,315
Operating Margin 24.05% 24.61% 37.1% 40.23% 25.38% 19.71% 23.65% 25.11%
Earnings before Tax (EBT) 1 2,537 2,854 7,303 8,039 3,708 3,294 4,578 5,302
Net income 1 2,129 2,416 6,028 6,610 3,044 2,668 3,770 4,369
Net margin 20.29% 20.71% 30.59% 32.74% 20.47% 16.09% 19.27% 20.64%
EPS 2 0.5318 0.6036 1.506 1.651 0.7605 0.6673 0.9143 1.043
Free Cash Flow 1 - 568.4 3,387 1,823 950.4 414 -31 -860
FCF margin - 4.87% 17.19% 9.03% 6.39% 2.5% -0.16% -4.06%
FCF Conversion (EBITDA) - 13.71% 37.15% 18.49% 16.29% 7.08% - -
FCF Conversion (Net income) - 23.52% 56.19% 27.58% 31.22% 15.52% - -
Dividend per Share 2 0.1688 0.1960 0.4800 0.5210 0.2750 0.2339 0.3204 0.3837
Announcement Date 3/22/20 3/19/21 3/18/22 3/20/23 3/19/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 - 5,871 - - 4,193 4,090 3,671 4,158 7,830 3,596 3,450 3,382 4,104 3,703 3,810 4,554 5,159
EBITDA - 1,954 - - - - - - - - - - - - - - -
EBIT 1 - 2,093 - - 1,670 1,285 - - - - 518.8 448.9 774.5 571.8 976.2 - -
Operating Margin - 35.65% - - 39.82% 31.41% - - - - 15.04% 13.27% 18.87% 15.44% 25.62% - -
Earnings before Tax (EBT) 1 - 2,112 - - 1,664 1,244 - - - - - 449.3 879.7 661.5 1,825 - -
Net income 1 762.3 1,724 - - 1,311 1,093 - 1,142 2,063 610.9 - 350.3 725.1 542.7 1,499 - -
Net margin - 29.37% - - 31.27% 26.72% - 27.46% 26.35% 16.99% - 10.36% 17.67% 14.65% 39.34% - -
EPS 2 0.1905 0.4300 0.4587 0.5900 0.3275 0.2700 0.2301 0.2900 - 0.1500 0.0900 0.0875 0.1900 0.2000 0.2100 - -
Dividend per Share 2 - 0.4800 - - - - - - - - - - - - 0.2111 - -
Announcement Date 8/18/20 3/18/22 4/25/22 8/22/22 10/21/22 3/20/23 4/20/23 8/17/23 8/17/23 10/23/23 3/19/24 4/25/24 - - - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 10,909 9,209 9,608 9,362 10,864 11,770 12,509 11,202
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 3.009 x 2.222 x 1.054 x 0.9497 x 1.861 x 2.013 x 1.786 x 1.435 x
Free Cash Flow 1 - 568 3,387 1,823 950 414 -31 -860
ROE (net income / shareholders' equity) 14.3% 14.7% 30.1% 26.5% 10.9% 8.95% 11.1% 11.9%
ROA (Net income/ Total Assets) 6.66% 6.87% 15% 14.3% - 5.23% 6.24% 7.38%
Assets 1 31,989 35,169 40,283 46,231 - 51,054 60,381 59,232
Book Value Per Share 2 3.910 4.360 5.640 6.890 7.150 7.590 8.410 8.960
Cash Flow per Share 2 0.6900 0.5100 1.490 1.030 0.2200 1.500 1.390 1.890
Capex 1 4,907 1,483 2,594 2,301 - 3,321 4,169 4,027
Capex / Sales 46.76% 12.71% 13.16% 11.4% - 20.03% 21.31% 19.02%
Announcement Date 3/22/20 3/19/21 3/18/22 3/20/23 3/19/24 - - -
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
C
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
17
Last Close Price
11.93 CNY
Average target price
13.08 CNY
Spread / Average Target
+9.63%
Consensus
  1. Stock Market
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  4. Financials China Jushi Co., Ltd.
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