MARKOR INTERNATIONAL HOME FURNISHINGS CO., LTD. Financials Markor International Home Furnishings Co., Ltd.
Equities
600337
CNE0000015M5
Home Furnishings
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 2.3 CNY | -2.95% |
|
-2.13% | -16.67% |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 7,011 | 7,259 | 7,094 | 5,251 | 4,198 | 4,084 |
| Enterprise Value (EV) 1 | 7,171 | 8,098 | 8,019 | 8,004 | 7,601 | 7,587 |
| P/E ratio | 15.6 x | 15.8 x | 24.1 x | 23 x | -14.1 x | -8.83 x |
| Yield | 5.06% | - | - | - | - | - |
| Capitalization / Revenue | 1.33 x | 1.3 x | 1.55 x | 1 x | 0.93 x | 0.98 x |
| EV / Revenue | 1.36 x | 1.45 x | 1.75 x | 1.52 x | 1.69 x | 1.81 x |
| EV / EBITDA | 10.5 x | 11 x | 21.6 x | 15.2 x | -56.2 x | -44.5 x |
| EV / FCF | -8.56 x | 13.2 x | 24.2 x | 18.5 x | -75.2 x | 14.5 x |
| FCF Yield | -11.7% | 7.55% | 4.13% | 5.42% | -1.33% | 6.91% |
| Price to Book | 1.46 x | 1.57 x | 1.62 x | 1.19 x | 1.01 x | 1.11 x |
| Nbr of stocks (in thousands) | 1,775,053 | 1,638,530 | 1,552,401 | 1,495,945 | 1,488,542 | 1,479,543 |
| Reference price 2 | 3.950 | 4.430 | 4.570 | 3.510 | 2.820 | 2.760 |
| Announcement Date | 3/27/19 | 4/28/20 | 4/25/21 | 4/27/22 | 4/28/23 | 4/28/24 |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 5,261 | 5,588 | 4,571 | 5,275 | 4,496 | 4,182 |
| EBITDA 1 | 683.9 | 738.9 | 370.6 | 526.8 | -135.2 | -170.4 |
| EBIT 1 | 558.5 | 625.7 | 207.8 | 383.4 | -263 | -348.6 |
| Operating Margin | 10.62% | 11.2% | 4.54% | 7.27% | -5.85% | -8.34% |
| Earnings before Tax (EBT) 1 | 539 | 561.6 | 350.6 | 256.2 | -388.2 | -548 |
| Net income 1 | 451.2 | 463.6 | 306.4 | 229 | -297.7 | -463.1 |
| Net margin | 8.58% | 8.3% | 6.7% | 4.34% | -6.62% | -11.07% |
| EPS 2 | 0.2534 | 0.2800 | 0.1900 | 0.1529 | -0.2000 | -0.3124 |
| Free Cash Flow 1 | -837.2 | 611.3 | 330.9 | 433.5 | -101 | 524.3 |
| FCF margin | -15.91% | 10.94% | 7.24% | 8.22% | -2.25% | 12.54% |
| FCF Conversion (EBITDA) | - | 82.73% | 89.27% | 82.29% | - | - |
| FCF Conversion (Net income) | - | 131.84% | 107.98% | 189.33% | - | - |
| Dividend per Share 2 | 0.2000 | - | - | - | - | - |
| Announcement Date | 3/27/19 | 4/28/20 | 4/25/21 | 4/27/22 | 4/28/23 | 4/28/24 |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 159 | 840 | 924 | 2,753 | 3,403 | 3,504 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 0.2331 x | 1.137 x | 2.494 x | 5.226 x | -25.18 x | -20.56 x |
| Free Cash Flow 1 | -837 | 611 | 331 | 433 | -101 | 524 |
| ROE (net income / shareholders' equity) | 9.13% | 9.68% | 6.77% | 5.16% | -6.87% | -11.7% |
| ROA (Net income/ Total Assets) | 4.45% | 4.63% | 1.66% | 2.74% | -1.67% | -2.25% |
| Assets 1 | 10,138 | 10,004 | 18,457 | 8,357 | 17,787 | 20,561 |
| Book Value Per Share 2 | 2.710 | 2.820 | 2.810 | 2.940 | 2.800 | 2.480 |
| Cash Flow per Share 2 | 1.160 | 0.6300 | 0.6700 | 0.7500 | 0.5400 | 0.5200 |
| Capex 1 | 492 | 537 | 285 | 410 | 240 | 130 |
| Capex / Sales | 9.34% | 9.62% | 6.23% | 7.77% | 5.33% | 3.1% |
| Announcement Date | 3/27/19 | 4/28/20 | 4/25/21 | 4/27/22 | 4/28/23 | 4/28/24 |
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. | |
|---|---|---|
| -16.67% | 471M | |
| +2.18% | 9.04B | |
| 0.00% | 3.94B | |
| +12.85% | 2.37B | |
| +15.31% | 1.95B | |
| -7.02% | 1.46B | |
| +43.40% | 1.26B | |
| -27.51% | 1.18B | |
| +12.99% | 1.01B | |
| +6.71% | 900M |
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- Financials Markor International Home Furnishings Co., Ltd.