COUNTRY GARDEN SERVICES HOLDINGS COMPANY LIMITED Financials Country Garden Services Holdings Company Limited
Equities
6098
KYG2453A1085
Real Estate Services
|
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 5.48 HKD | -5.68% |
|
+3.79% | -18.81% |
| May. 06 | Wall Street Cues, Tech Strength Lifts Asian Stock Markets | MT |
| May. 06 | China shares book catch-up rally, HK records longest winning streak since 2018 | RE |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 63,594 | 129,449 | 128,085 | 57,913 | 20,510 | 17,921 | - | - |
| Enterprise Value (EV) 1 | 56,711 | 114,955 | 118,729 | 48,790 | 20,510 | 2,863 | -326.7 | -5,121 |
| P/E ratio | 38 x | 45.8 x | 29.7 x | 29.8 x | 70.6 x | 6.88 x | 6.43 x | 5.76 x |
| Yield | 0.65% | 0.5% | 0.79% | 2.17% | - | 5.29% | 5.41% | 6.06% |
| Capitalization / Revenue | 6.59 x | 8.3 x | 4.44 x | 1.4 x | 0.48 x | 0.4 x | 0.39 x | 0.37 x |
| EV / Revenue | 5.88 x | 7.37 x | 4.12 x | 1.18 x | 0.48 x | 0.06 x | -0.01 x | -0.11 x |
| EV / EBITDA | 29.4 x | 32.4 x | 18.6 x | 6.13 x | 2.96 x | 0.49 x | -0.05 x | -0.74 x |
| EV / FCF | 18.1 x | 35.3 x | 39 x | 18.5 x | - | 0.59 x | -0.07 x | -1.33 x |
| FCF Yield | 5.52% | 2.84% | 2.56% | 5.41% | - | 169% | -1,428% | -74.9% |
| Price to Book | 11.8 x | 8.89 x | 3.54 x | 1.55 x | - | 0.47 x | 0.45 x | 0.45 x |
| Nbr of stocks (in thousands) | 2,710,894 | 2,932,374 | 3,366,068 | 3,373,127 | 3,343,020 | 3,343,020 | - | - |
| Reference price 2 | 23.46 | 44.14 | 38.05 | 17.17 | 6.135 | 5.361 | 5.361 | 5.361 |
| Announcement Date | 3/18/20 | 3/22/21 | 3/29/22 | 3/29/23 | 3/27/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 9,645 | 15,600 | 28,843 | 41,367 | 42,612 | 44,476 | 46,441 | 48,428 |
| EBITDA 1 | 1,927 | 3,550 | 6,372 | 7,956 | 6,926 | 5,790 | 6,341 | 6,887 |
| EBIT 1 | 1,778 | 3,214 | 5,267 | 6,087 | 5,001 | 4,699 | 4,864 | 4,946 |
| Operating Margin | 18.43% | 20.6% | 18.26% | 14.72% | 11.74% | 10.57% | 10.47% | 10.21% |
| Earnings before Tax (EBT) 1 | 2,076 | 3,715 | 5,673 | 3,486 | 1,080 | 4,069 | 4,435 | 4,580 |
| Net income 1 | 1,671 | 2,686 | 4,033 | 1,943 | 292.3 | 2,748 | 2,968 | 3,123 |
| Net margin | 17.32% | 17.22% | 13.98% | 4.7% | 0.69% | 6.18% | 6.39% | 6.45% |
| EPS 2 | 0.6167 | 0.9632 | 1.280 | 0.5768 | 0.0869 | 0.7795 | 0.8336 | 0.9314 |
| Free Cash Flow 1 | 3,133 | 3,259 | 3,044 | 2,637 | - | 4,836 | 4,663 | 3,838 |
| FCF margin | 32.48% | 20.89% | 10.55% | 6.38% | - | 10.87% | 10.04% | 7.92% |
| FCF Conversion (EBITDA) | 162.58% | 91.81% | 47.77% | 33.15% | - | 83.52% | 73.55% | 55.72% |
| FCF Conversion (Net income) | 187.5% | 121.33% | 75.47% | 135.7% | - | 175.97% | 157.1% | 122.9% |
| Dividend per Share 2 | 0.1514 | 0.2187 | 0.2995 | 0.3721 | - | 0.2837 | 0.2900 | 0.3250 |
| Announcement Date | 3/18/20 | 3/22/21 | 3/29/22 | 3/29/23 | 3/27/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2019 S2 | 2020 S1 | 2021 S1 | 2021 S2 | 2022 S1 | 2022 S2 | 2023 S1 | 2023 S2 | 2024 S1 | 2024 S2 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 6,129 | 6,271 | 11,560 | 17,283 | 20,055 | 21,311 | 20,733 | 21,878 | 18,065 | 27,097 |
| EBITDA | 998 | 1,749 | 2,952 | 3,420 | - | - | - | - | - | - |
| EBIT 1 | 885.5 | 1,639 | 2,531 | 2,736 | 3,626 | 2,626 | 3,247 | 1,754 | 1,755 | 2,632 |
| Operating Margin | 14.45% | 26.14% | 21.9% | 15.83% | 18.08% | 12.32% | 15.66% | 8.02% | 9.71% | 9.71% |
| Earnings before Tax (EBT) | 1,078 | 1,814 | 3,001 | - | - | - | - | - | - | - |
| Net income | 853.8 | 1,315 | 2,113 | 1,920 | - | - | - | - | - | - |
| Net margin | 13.93% | 20.97% | 18.28% | 11.11% | - | - | - | - | - | - |
| EPS 2 | - | - | 0.6981 | 0.5820 | 0.7651 | -0.1883 | 0.6970 | -0.6101 | 0.3700 | 0.5600 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 3/18/20 | 8/26/20 | 8/25/21 | 3/29/22 | 8/24/22 | 3/29/23 | 8/29/23 | 3/27/24 | - | - |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | 6,884 | 14,494 | 9,355 | 9,123 | - | 15,059 | 18,248 | 23,042 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | 3,133 | 3,259 | 3,044 | 2,637 | - | 4,836 | 4,663 | 3,838 |
| ROE (net income / shareholders' equity) | 43.8% | 26.9% | 15.9% | 5.28% | - | 7.52% | 7.64% | 7.61% |
| ROA (Net income/ Total Assets) | 18.8% | 12.4% | 8.23% | 2.84% | - | 3.79% | 3.99% | 3.64% |
| Assets 1 | 8,896 | 21,737 | 49,008 | 68,454 | - | 72,414 | 74,457 | 85,866 |
| Book Value Per Share 2 | 1.980 | 4.970 | 10.80 | 11.10 | - | 11.50 | 12.00 | 11.80 |
| Cash Flow per Share 2 | 1.200 | 1.280 | 1.080 | 0.9900 | - | 1.780 | 1.910 | 2.570 |
| Capex 1 | 125 | 425 | 1,769 | 684 | - | 1,811 | 1,709 | 1,733 |
| Capex / Sales | 1.29% | 2.72% | 6.13% | 1.65% | - | 4.07% | 3.68% | 3.58% |
| Announcement Date | 3/18/20 | 3/22/21 | 3/29/22 | 3/29/23 | 3/27/24 | - | - | - |
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
Sell
Buy
Mean consensus
HOLD
Number of Analysts
20
Last Close Price
5.361
CNY
Average target price
5.174
CNY
Spread / Average Target
-3.49%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -18.67% | 2.48B | |
| +2.69% | 8.58B | |
| +8.68% | 2.35B | |
| -49.78% | 1.56B | |
| +34.71% | 1.63B | |
| -18.18% | 1.37B | |
| -11.38% | 952M | |
| -38.28% | 761M | |
| -10.22% | 659M | |
| +21.71% | 632M |
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