End-of-day quote
Shenzhen S.E.
06:00:00 2024-05-16 pm EDT
|
5-day change
|
1st Jan Change
|
8.57
CNY
|
+0.59%
|
|
+0.35%
|
+8.48%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
15,803
|
23,660
|
20,141
|
17,729
|
17,485
|
18,968
|
-
|
-
|
Enterprise Value (EV)
1 |
15,803
|
23,660
|
20,141
|
17,729
|
17,485
|
18,968
|
18,968
|
18,968
|
P/E ratio
|
32.5
x
|
41.1
x
|
32.5
x
|
29.7
x
|
28.2
x
|
25.7
x
|
23
x
|
20.2
x
|
Yield
|
1.4%
|
1.08%
|
1.32%
|
1.5%
|
1.58%
|
1.71%
|
1.91%
|
2.1%
|
Capitalization / Revenue
|
3.72
x
|
5.57
x
|
4.44
x
|
3.6
x
|
3.25
x
|
3.28
x
|
3.07
x
|
2.87
x
|
EV / Revenue
|
3.72
x
|
5.57
x
|
4.44
x
|
3.6
x
|
3.25
x
|
3.28
x
|
3.07
x
|
2.87
x
|
EV / EBITDA
|
18.4
x
|
23.7
x
|
20.1
x
|
17.9
x
|
16.9
x
|
20.7
x
|
18.3
x
|
15.9
x
|
EV / FCF
|
-11,814,281
x
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Yield
|
-0%
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Price to Book
|
1.84
x
|
2.65
x
|
2.17
x
|
1.85
x
|
1.75
x
|
1.82
x
|
1.73
x
|
1.64
x
|
Nbr of stocks (in thousands)
|
2,213,328
|
2,213,328
|
2,213,328
|
2,213,328
|
2,213,328
|
2,213,328
|
-
|
-
|
Reference price
2 |
7.140
|
10.69
|
9.100
|
8.010
|
7.900
|
8.570
|
8.570
|
8.570
|
Announcement Date
|
2/20/20
|
2/24/21
|
2/23/22
|
2/21/23
|
2/22/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
4,244
|
4,249
|
4,538
|
4,928
|
5,378
|
5,782
|
6,173
|
6,615
|
EBITDA
1 |
859.5
|
997.9
|
1,002
|
990.3
|
1,033
|
914.7
|
1,038
|
1,196
|
EBIT
1 |
585.6
|
707.2
|
726.4
|
707.8
|
743
|
879.5
|
998.8
|
1,139
|
Operating Margin
|
13.8%
|
16.64%
|
16.01%
|
14.36%
|
13.82%
|
15.21%
|
16.18%
|
17.22%
|
Earnings before Tax (EBT)
1 |
587.7
|
703.2
|
730.3
|
706.3
|
740
|
869.2
|
987.6
|
1,128
|
Net income
1 |
497.5
|
569.3
|
611.2
|
598.3
|
623.5
|
734.4
|
828.2
|
942.4
|
Net margin
|
11.72%
|
13.4%
|
13.47%
|
12.14%
|
11.59%
|
12.7%
|
13.42%
|
14.25%
|
EPS
2 |
0.2200
|
0.2600
|
0.2800
|
0.2700
|
0.2800
|
0.3329
|
0.3729
|
0.4250
|
Free Cash Flow
|
-1,338
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF margin
|
-31.52%
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
2 |
0.1000
|
0.1150
|
0.1200
|
0.1200
|
0.1250
|
0.1467
|
0.1633
|
0.1800
|
Announcement Date
|
2/20/20
|
2/24/21
|
2/23/22
|
2/21/23
|
2/22/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
|
-1,338
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
ROE (net income / shareholders' equity)
|
5.95%
|
6.53%
|
6.75%
|
6.36%
|
6.39%
|
7.08%
|
7.62%
|
8.19%
|
ROA (Net income/ Total Assets)
|
4.11%
|
4.55%
|
4.61%
|
4.36%
|
-
|
4.76%
|
5.11%
|
5.44%
|
Assets
1 |
12,107
|
12,517
|
13,263
|
13,731
|
-
|
15,429
|
16,198
|
17,340
|
Book Value Per Share
2 |
3.880
|
4.030
|
4.190
|
4.340
|
4.510
|
4.710
|
4.940
|
5.210
|
Cash Flow per Share
2 |
0.3400
|
0.3100
|
0.2700
|
0.2700
|
0.3700
|
0.3700
|
0.4400
|
0.5100
|
Capex
1 |
2,096
|
292
|
189
|
424
|
535
|
457
|
465
|
563
|
Capex / Sales
|
49.38%
|
6.87%
|
4.17%
|
8.6%
|
9.95%
|
7.9%
|
7.54%
|
8.5%
|
Announcement Date
|
2/20/20
|
2/24/21
|
2/23/22
|
2/21/23
|
2/22/24
|
-
|
-
|
-
|
Last Close Price
8.57
CNY Average target price
9.2
CNY Spread / Average Target +7.35% Consensus |
1st Jan change
|
Capi.
|
---|
| +8.48% | 2.63B | | +6.33% | 133B | | +4.98% | 60.44B | | +5.66% | 46.73B | | -9.83% | 38.13B | | +3.07% | 24.28B | | +16.89% | 19.8B | | -20.79% | 19.57B | | +12.65% | 19.31B | | +8.33% | 15.41B |
Other Brewers
|