Financials Namchow Food Group (Shanghai) Co., Ltd.

Equities

605339

CNE1000051Z0

Food Processing

End-of-day quote Shanghai S.E. 06:00:00 2024-06-06 pm EDT 5-day change 1st Jan Change
15.08 CNY +1.75% Intraday chart for Namchow Food Group (Shanghai) Co., Ltd. -6.91% -19.92%

Valuation

Fiscal Period: December 2021 2022 2023
Capitalization 1 14,249 9,740 8,023
Enterprise Value (EV) 1 12,584 8,080 6,622
P/E ratio 36.2 x 60 x 34.5 x
Yield 1.77% 1.32% 0.58%
Capitalization / Revenue 4.96 x 3.4 x 2.6 x
EV / Revenue 4.38 x 2.82 x 2.15 x
EV / EBITDA 24.3 x 34.3 x 21.5 x
EV / FCF 151,755,472 x 205,299,467 x 57,807,617 x
FCF Yield 0% 0% 0%
Price to Book 4.45 x 3 x 2.4 x
Nbr of stocks (in thousands) 427,654 428,124 426,101
Reference price 2 33.32 22.75 18.83
Announcement Date 3/14/22 3/13/23 3/11/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023
Net sales 1 2,322 2,873 2,861 3,083
EBITDA 1 482.1 517.7 235.7 308.6
EBIT 1 386.9 420.1 144 212.6
Operating Margin 16.66% 14.62% 5.03% 6.9%
Earnings before Tax (EBT) 1 407.8 459.4 195.9 271.9
Net income 1 325.2 368.4 160.6 232.4
Net margin 14% 12.82% 5.61% 7.54%
EPS 2 0.9000 0.9200 0.3790 0.5454
Free Cash Flow - 82.92 39.35 114.5
FCF margin - 2.89% 1.38% 3.72%
FCF Conversion (EBITDA) - 16.02% 16.7% 37.12%
FCF Conversion (Net income) - 22.51% 24.51% 49.29%
Dividend per Share - 0.5900 0.3000 0.1100
Announcement Date 3/14/22 3/14/22 3/13/23 3/11/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023
Net Debt 1 - - - -
Net Cash position 1 661 1,665 1,660 1,402
Leverage (Debt/EBITDA) - - - -
Free Cash Flow - 82.9 39.4 115
ROE (net income / shareholders' equity) - 14.3% 4.98% 7.04%
ROA (Net income/ Total Assets) - 7.49% 2.17% 3.22%
Assets 1 - 4,920 7,388 7,219
Book Value Per Share 2 5.510 7.490 7.590 7.850
Cash Flow per Share 2 3.060 4.770 4.870 4.000
Capex 1 75 110 112 180
Capex / Sales 3.23% 3.82% 3.92% 5.84%
Announcement Date 3/14/22 3/14/22 3/13/23 3/11/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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