GUANGDONG RONGTAI INDUSTRY CO.,LTD |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 4.24 CNY | +0.24% |
|
-1.17% | +32.92% |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 2,878 | 3,830 | 2,295 | 1,591 | 1,443 | 4,716 |
| Enterprise Value (EV) 1 | 3,094 | 3,995 | 2,935 | 2,955 | 2,696 | 3,857 |
| P/E ratio | 18.5 x | -7.16 x | -1.88 x | -2.24 x | -1.93 x | 53.2 x |
| Yield | 0.49% | - | - | - | - | - |
| Capitalization / Revenue | 1.69 x | 2.64 x | 2.15 x | 2.04 x | 3.43 x | 12.9 x |
| EV / Revenue | 1.82 x | 2.76 x | 2.75 x | 3.79 x | 6.4 x | 10.5 x |
| EV / EBITDA | 9.71 x | 24.8 x | -5.51 x | -10.9 x | -5.58 x | -49.4 x |
| EV / FCF | -11.6 x | -146 x | -10.8 x | 11.7 x | 5.24 x | 5.23 x |
| FCF Yield | -8.65% | -0.69% | -9.3% | 8.56% | 19.1% | 19.1% |
| Price to Book | 0.9 x | 1.46 x | 1.74 x | 19.4 x | -2.15 x | 17.3 x |
| Nbr of stocks (in thousands) | 705,306 | 704,033 | 704,033 | 704,033 | 704,033 | 1,478,470 |
| Reference price 2 | 4.080 | 5.440 | 3.260 | 2.260 | 2.050 | 3.190 |
| Announcement Date | 4/23/19 | 6/22/20 | 4/29/21 | 4/29/22 | 4/25/23 | 3/18/24 |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 1,700 | 1,449 | 1,066 | 780 | 421.1 | 366.8 |
| EBITDA 1 | 318.5 | 160.8 | -532.6 | -270.9 | -483.1 | -78.05 |
| EBIT 1 | 230.1 | 91.72 | -584.2 | -308.8 | -508.2 | -101 |
| Operating Margin | 13.53% | 6.33% | -54.82% | -39.59% | -120.68% | -27.54% |
| Earnings before Tax (EBT) 1 | 178.3 | -507.9 | -1,200 | -731.7 | -745.7 | 82.92 |
| Net income 1 | 153.7 | -537.6 | -1,215 | -709.4 | -745.4 | 82.57 |
| Net margin | 9.04% | -37.09% | -114.05% | -90.95% | -177.04% | 22.51% |
| EPS 2 | 0.2200 | -0.7600 | -1.730 | -1.010 | -1.060 | 0.0600 |
| Free Cash Flow 1 | -267.6 | -27.38 | -272.8 | 253 | 514.6 | 737.3 |
| FCF margin | -15.74% | -1.89% | -25.61% | 32.44% | 122.2% | 201.01% |
| FCF Conversion (EBITDA) | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | 892.96% |
| Dividend per Share 2 | 0.0200 | - | - | - | - | - |
| Announcement Date | 4/23/19 | 6/22/20 | 4/29/21 | 4/29/22 | 4/25/23 | 3/18/24 |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 217 | 165 | 640 | 1,364 | 1,252 | - |
| Net Cash position 1 | - | - | - | - | - | 859 |
| Leverage (Debt/EBITDA) | 0.6806 x | 1.024 x | -1.202 x | -5.036 x | -2.592 x | - |
| Free Cash Flow 1 | -268 | -27.4 | -273 | 253 | 515 | 737 |
| ROE (net income / shareholders' equity) | 4.9% | -18.5% | -63.1% | -86.8% | 251% | -396% |
| ROA (Net income/ Total Assets) | 2.55% | 1.17% | -9.24% | -6.76% | -21.4% | -4.11% |
| Assets 1 | 6,025 | -45,764 | 13,147 | 10,502 | 3,481 | -2,007 |
| Book Value Per Share 2 | 4.520 | 3.730 | 1.870 | 0.1200 | -0.9600 | 0.1800 |
| Cash Flow per Share 2 | 1.760 | 1.430 | 1.020 | 0.0600 | 0.2200 | 0.3400 |
| Capex 1 | 47.9 | 135 | 82.7 | 8.76 | 25.7 | 34.6 |
| Capex / Sales | 2.82% | 9.29% | 7.76% | 1.12% | 6.1% | 9.44% |
| Announcement Date | 4/23/19 | 6/22/20 | 4/29/21 | 4/29/22 | 4/25/23 | 3/18/24 |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +32.92% | 866M | |
| +2.56% | 101B | |
| -1.20% | 65.99B | |
| +47.62% | 41.98B | |
| +15.99% | 38.65B | |
| +4.25% | 32.16B | |
| +8.78% | 19.21B | |
| +12.32% | 16.76B | |
| +17.69% | 15.07B | |
| +8.31% | 14.82B |
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