Financials Guangdong Jinma Entertainment Corporation Limited

Equities

300756

CNE100003JS2

Recreational Products

End-of-day quote Shenzhen S.E. 06:00:00 2024-05-26 pm EDT 5-day change 1st Jan Change
14.66 CNY +5.62% Intraday chart for Guangdong Jinma Entertainment Corporation Limited +1.10% -9.51%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 3,102 2,541 2,299 2,889 2,348 2,553
Enterprise Value (EV) 1 2,207 1,674 1,418 2,238 1,739 1,794
P/E ratio 23.7 x 23.1 x -113 x 135 x -97.5 x 52.3 x
Yield 1.03% 0.92% - 0.16% - 0.62%
Capitalization / Revenue 5.96 x 4.06 x 6 x 5.73 x 5.79 x 3.46 x
EV / Revenue 4.24 x 2.68 x 3.7 x 4.44 x 4.28 x 2.43 x
EV / EBITDA 18.9 x 15.8 x -37.9 x 106 x -119 x 28 x
EV / FCF 102 x -34.5 x 60.5 x -10.7 x -56.5 x -19.4 x
FCF Yield 0.98% -2.89% 1.65% -9.36% -1.77% -5.16%
Price to Book 3.18 x 2.41 x 2.24 x 2.78 x 2.19 x 1.84 x
Nbr of stocks (in thousands) 141,120 142,859 142,753 142,246 141,610 157,598
Reference price 2 21.98 17.79 16.11 20.31 16.58 16.20
Announcement Date 4/11/19 4/28/20 4/26/21 4/27/22 4/26/23 4/24/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 520.5 625.3 383 503.9 405.8 738.5
EBITDA 1 116.6 105.6 -37.46 21.17 -14.63 63.97
EBIT 1 103.3 90.93 -56.33 -8.043 -40.35 37.88
Operating Margin 19.86% 14.54% -14.71% -1.6% -9.94% 5.13%
Earnings before Tax (EBT) 1 112.8 129.7 -22.96 25.48 -28.42 43.62
Net income 1 98.04 109.5 -20.16 21.27 -24.61 46.16
Net margin 18.84% 17.51% -5.26% 4.22% -6.06% 6.25%
EPS 2 0.9269 0.7704 -0.1429 0.1500 -0.1700 0.3100
Free Cash Flow 1 21.69 -48.45 23.43 -209.4 -30.79 -92.5
FCF margin 4.17% -7.75% 6.12% -41.56% -7.59% -12.53%
FCF Conversion (EBITDA) 18.61% - - - - -
FCF Conversion (Net income) 22.13% - - - - -
Dividend per Share 2 0.2268 0.1633 - 0.0321 - 0.1000
Announcement Date 4/11/19 4/28/20 4/26/21 4/27/22 4/26/23 4/24/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 895 867 881 651 609 759
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 21.7 -48.4 23.4 -209 -30.8 -92.5
ROE (net income / shareholders' equity) 14% 10.8% -1.94% 1.94% -2.2% 3.67%
ROA (Net income/ Total Assets) 4.76% 3.34% -2% -0.28% -1.32% 1.17%
Assets 1 2,058 3,279 1,006 -7,649 1,865 3,955
Book Value Per Share 2 6.910 7.400 7.180 7.300 7.580 8.800
Cash Flow per Share 2 6.340 3.620 4.860 4.740 4.190 3.900
Capex 1 20.9 53.7 80.3 112 103 133
Capex / Sales 4.01% 8.59% 20.97% 22.3% 25.49% 18%
Announcement Date 4/11/19 4/28/20 4/26/21 4/27/22 4/26/23 4/24/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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