Financials Muyuan Foods Co., Ltd.

Equities

002714

CNE100001RQ3

Fishing & Farming

End-of-day quote Shenzhen S.E. 06:00:00 2024-05-12 pm EDT 5-day change 1st Jan Change
47.68 CNY +0.82% Intraday chart for Muyuan Foods Co., Ltd. +7.87% +15.78%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 191,955 288,934 280,799 266,774 223,339 258,592 - -
Enterprise Value (EV) 1 189,495 305,655 321,192 304,405 278,560 224,346 244,814 286,358
P/E ratio 31.5 x 10.4 x 41.7 x 19.9 x -52.1 x 19 x 9.18 x 12 x
Yield 0.62% 1.89% 0.46% 1.51% - 1.83% 2.88% 1.37%
Capitalization / Revenue 9.49 x 5.13 x 3.56 x 2.14 x 2.01 x 1.93 x 1.6 x 1.65 x
EV / Revenue 9.37 x 5.43 x 4.07 x 2.44 x 2.51 x 1.67 x 1.51 x 1.83 x
EV / EBITDA 23.7 x 8.98 x 20.4 x 11.7 x 31.1 x 7.18 x 5.28 x 9.52 x
EV / FCF - - -16.4 x 41.6 x -39.4 x 12.7 x 9.61 x -
FCF Yield - - -6.08% 2.4% -2.54% 7.87% 10.4% -
Price to Book 9.3 x 6.03 x 5.52 x 3.77 x 3.64 x 3.42 x 2.52 x 2.3 x
Nbr of stocks (in thousands) 5,145,317 5,246,525 5,262,359 5,472,284 5,423,480 5,423,482 - -
Reference price 2 37.31 55.07 53.36 48.75 41.18 47.68 47.68 47.68
Announcement Date 2/26/20 4/15/21 4/29/22 4/27/23 4/26/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 20,221 56,277 78,890 124,826 110,861 134,248 161,884 156,526
EBITDA 1 7,999 34,039 15,782 26,069 8,950 31,231 46,389 30,070
EBIT 1 6,315 30,424 7,668 14,854 -3,732 16,195 30,252 20,891
Operating Margin 31.23% 54.06% 9.72% 11.9% -3.37% 12.06% 18.69% 13.35%
Earnings before Tax (EBT) 1 6,319 30,373 7,611 14,930 -4,170 14,670 30,114 22,742
Net income 1 6,114 27,451 6,904 13,266 -4,263 13,767 28,396 21,765
Net margin 30.24% 48.78% 8.75% 10.63% -3.85% 10.25% 17.54% 13.9%
EPS 2 1.185 5.279 1.280 2.450 -0.7900 2.515 5.195 3.977
Free Cash Flow 1 - - -19,543 7,317 -7,065 17,656 25,486 -
FCF margin - - -24.77% 5.86% -6.37% 13.15% 15.74% -
FCF Conversion (EBITDA) - - - 28.07% - 56.53% 54.94% -
FCF Conversion (Net income) - - - 55.16% - 128.25% 89.75% -
Dividend per Share 2 0.2311 1.044 0.2480 0.7360 - 0.8740 1.375 0.6523
Announcement Date 2/26/20 4/15/21 4/29/22 4/27/23 4/26/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 22,608 - 25,990 36,506 - 27,671 31,100 27,892 - 38,715 38,715 38,715 - -
EBITDA 1 435.9 - - - - - - - - 12,100 12,100 12,100 - -
EBIT 1 -2,091 - -1,706 9,188 - - - -2,309 - 8,893 8,893 8,893 - -
Operating Margin -9.25% - -6.56% 25.17% - - - -8.28% - 22.97% 22.97% 22.97% - -
Earnings before Tax (EBT) 1 - - - - - - - - - 7,912 7,912 7,912 - -
Net income 1 - - - - - - - -2,421 - 8,048 8,048 8,048 - -
Net margin - - - - - - - -8.68% - 20.79% 20.79% 20.79% - -
EPS 2 -0.3800 - -0.2900 1.570 2.160 - - -0.4500 - 1.472 1.472 1.472 - -
Dividend per Share 2 0.2500 - - - - - - - - - - 1.202 - -
Announcement Date 4/29/22 5/30/22 8/30/22 10/24/22 4/27/23 8/17/23 10/27/23 4/26/24 - - - - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - 16,722 40,392 37,631 55,221 - - 27,766
Net Cash position 1 2,460 - - - - 34,246 13,777 -
Leverage (Debt/EBITDA) - 0.4912 x 2.559 x 1.444 x 6.17 x - - 0.9234 x
Free Cash Flow 1 - - -19,543 7,317 -7,065 17,656 25,486 -
ROE (net income / shareholders' equity) 35.3% 74.4% 12.9% 21% -6.38% 17.5% 27.1% 13.1%
ROA (Net income/ Total Assets) 14.8% 31.3% 4.6% 7.17% - 6.1% 12.9% 3.27%
Assets 1 41,364 87,757 149,947 185,101 - 225,714 219,632 665,787
Book Value Per Share 2 4.010 9.140 9.670 12.90 11.30 14.00 18.90 20.70
Cash Flow per Share 2 1.940 4.420 3.100 4.200 1.810 5.080 7.590 8.040
Capex 1 13,036 46,062 35,838 15,693 16,958 11,496 9,994 9,165
Capex / Sales 64.47% 81.85% 45.43% 12.57% 15.3% 8.56% 6.17% 5.86%
Announcement Date 2/26/20 4/15/21 4/29/22 4/27/23 4/26/24 - - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
16
Last Close Price
47.68 CNY
Average target price
52.97 CNY
Spread / Average Target
+11.09%
Consensus
  1. Stock Market
  2. Equities
  3. 002714 Stock
  4. Financials Muyuan Foods Co., Ltd.
-40% Limited Time Offer: Our subscriptions help you unlock hidden opportunities.
SIGN UP NOW