Financials Jinjian Cereals Industry Co.,Ltd.

Equities

600127

CNE000000VT2

Food Processing

End-of-day quote Shanghai S.E. 06:00:00 2024-05-12 pm EDT 5-day change 1st Jan Change
6.59 CNY -2.37% Intraday chart for Jinjian Cereals Industry Co.,Ltd. -0.75% -9.48%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,829 2,574 7,220 5,429 4,935 4,672
Enterprise Value (EV) 1 2,554 3,235 8,075 6,251 5,574 5,174
P/E ratio -34.4 x 203 x 343 x -233 x -97.1 x 163 x
Yield - - - - - -
Capitalization / Revenue 0.61 x 0.63 x 1.26 x 0.81 x 0.77 x 0.96 x
EV / Revenue 0.85 x 0.79 x 1.41 x 0.93 x 0.87 x 1.06 x
EV / EBITDA 3,244 x 221 x 111 x 113 x -17,396 x 66.4 x
EV / FCF -12.4 x -29.3 x -35.2 x 257 x 30.1 x 41.3 x
FCF Yield -8.08% -3.41% -2.84% 0.39% 3.32% 2.42%
Price to Book 2.61 x 3.59 x 9.77 x 7.59 x 7.43 x 6.74 x
Nbr of stocks (in thousands) 641,783 641,783 641,783 641,783 641,783 641,783
Reference price 2 2.850 4.010 11.25 8.460 7.690 7.280
Announcement Date 4/12/19 4/2/20 4/1/21 3/30/22 3/30/23 3/29/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 3,011 4,108 5,716 6,706 6,412 4,868
EBITDA 1 0.7872 14.62 72.94 55.35 -0.3204 77.98
EBIT 1 -39.58 -22.27 38.64 19.44 -33.97 42.69
Operating Margin -1.31% -0.54% 0.68% 0.29% -0.53% 0.88%
Earnings before Tax (EBT) 1 -46.94 13.9 33.92 -25.98 -44.25 42.64
Net income 1 -53.14 12.72 21.06 -23.27 -50.82 28.66
Net margin -1.76% 0.31% 0.37% -0.35% -0.79% 0.59%
EPS 2 -0.0828 0.0198 0.0328 -0.0363 -0.0792 0.0447
Free Cash Flow 1 -206.3 -110.4 -229.5 24.35 185.1 125.2
FCF margin -6.85% -2.69% -4.02% 0.36% 2.89% 2.57%
FCF Conversion (EBITDA) - - - 43.98% - 160.59%
FCF Conversion (Net income) - - - - - 436.97%
Dividend per Share - - - - - -
Announcement Date 4/12/19 4/2/20 4/1/21 3/30/22 3/30/23 3/29/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 724 662 855 822 639 502
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 920.3 x 45.27 x 11.73 x 14.85 x -1,994 x 6.438 x
Free Cash Flow 1 -206 -110 -230 24.3 185 125
ROE (net income / shareholders' equity) -6.92% 1.21% 2.85% -4.87% -6.73% 3.85%
ROA (Net income/ Total Assets) -1.17% -0.68% 1.11% 0.53% -1.05% 1.49%
Assets 1 4,546 -1,878 1,903 -4,378 4,852 1,921
Book Value Per Share 2 1.090 1.120 1.150 1.110 1.040 1.080
Cash Flow per Share 2 0.3500 0.2300 0.6000 0.2000 0.3900 0.1900
Capex 1 121 58.9 37.7 17.6 26.2 24.6
Capex / Sales 4.03% 1.43% 0.66% 0.26% 0.41% 0.51%
Announcement Date 4/12/19 4/2/20 4/1/21 3/30/22 3/30/23 3/29/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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