End-of-day quote
Shanghai S.E.
06:00:00 2024-05-08 pm EDT
|
5-day change
|
1st Jan Change
|
19.47
CNY
|
+2.42%
|
|
+6.98%
|
+12.03%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
21,253
|
22,799
|
15,657
|
11,441
|
12,710
|
14,330
|
-
|
-
|
Enterprise Value (EV)
1 |
21,227
|
22,827
|
15,636
|
10,117
|
8,317
|
9,733
|
9,601
|
9,471
|
P/E ratio
|
23.8
x
|
28.5
x
|
17.3
x
|
14.9
x
|
13.9
x
|
14
x
|
12.4
x
|
11.5
x
|
Yield
|
1.78%
|
1.66%
|
2.41%
|
3.23%
|
4.89%
|
4.73%
|
4.55%
|
5.03%
|
Capitalization / Revenue
|
2.54
x
|
2.86
x
|
1.77
x
|
1.57
x
|
1.63
x
|
1.67
x
|
1.52
x
|
1.4
x
|
EV / Revenue
|
2.54
x
|
2.86
x
|
1.77
x
|
1.39
x
|
1.07
x
|
1.14
x
|
1.02
x
|
0.92
x
|
EV / EBITDA
|
17.5
x
|
20.8
x
|
13.4
x
|
9.96
x
|
6.9
x
|
8.19
x
|
7.25
x
|
6.27
x
|
EV / FCF
|
22,484,728
x
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Yield
|
0%
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Price to Book
|
4.24
x
|
4.34
x
|
2.71
x
|
1.93
x
|
1.95
x
|
2.08
x
|
1.89
x
|
1.77
x
|
Nbr of stocks (in thousands)
|
756,064
|
754,696
|
754,211
|
739,069
|
731,284
|
735,997
|
-
|
-
|
Reference price
2 |
28.11
|
30.21
|
20.76
|
15.48
|
17.38
|
19.47
|
19.47
|
19.47
|
Announcement Date
|
4/24/20
|
4/23/21
|
4/26/22
|
4/26/23
|
4/26/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
8,355
|
7,970
|
8,847
|
7,270
|
7,795
|
8,565
|
9,402
|
10,256
|
EBITDA
1 |
1,215
|
1,098
|
1,164
|
1,016
|
1,206
|
1,188
|
1,324
|
1,512
|
EBIT
1 |
1,021
|
919.6
|
1,022
|
873.3
|
1,060
|
1,201
|
1,372
|
1,527
|
Operating Margin
|
12.22%
|
11.54%
|
11.55%
|
12.01%
|
13.6%
|
14.02%
|
14.59%
|
14.89%
|
Earnings before Tax (EBT)
1 |
1,038
|
940.2
|
1,051
|
886.3
|
1,082
|
1,198
|
1,356
|
1,469
|
Net income
1 |
890.3
|
800
|
907.5
|
784.1
|
924.1
|
1,035
|
1,169
|
1,266
|
Net margin
|
10.66%
|
10.04%
|
10.26%
|
10.79%
|
11.85%
|
12.09%
|
12.44%
|
12.35%
|
EPS
2 |
1.180
|
1.060
|
1.200
|
1.040
|
1.250
|
1.390
|
1.570
|
1.700
|
Free Cash Flow
|
944.1
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF margin
|
11.3%
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (EBITDA)
|
77.73%
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (Net income)
|
106.04%
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
2 |
0.5000
|
0.5000
|
0.5000
|
0.5000
|
0.8500
|
0.9200
|
0.8867
|
0.9800
|
Announcement Date
|
4/24/20
|
4/23/21
|
4/26/22
|
4/26/23
|
4/26/24
|
-
|
-
|
-
|
Fiscal Period: December |
2020 S1
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
---|
Net sales
1 |
3,009
|
2,688
|
1,455
|
1,903
|
1,847
|
2,064
|
1,503
|
2,041
|
1,970
|
2,281
|
1,583
|
2,161
|
2,143
|
2,423
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
|
-
|
-
|
70.6
|
266.3
|
256.3
|
280.1
|
124.2
|
356.6
|
319.6
|
259.7
|
142.5
|
-
|
-
|
-
|
Operating Margin
|
-
|
-
|
4.85%
|
13.99%
|
13.88%
|
13.57%
|
8.27%
|
17.47%
|
16.22%
|
11.39%
|
9%
|
-
|
-
|
-
|
Earnings before Tax (EBT)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
|
249.7
|
283.8
|
66.25
|
-
|
216.2
|
-
|
-
|
-
|
-
|
-
|
120.9
|
-
|
-
|
-
|
Net margin
|
8.3%
|
10.56%
|
4.55%
|
-
|
11.7%
|
-
|
-
|
-
|
-
|
-
|
7.64%
|
-
|
-
|
-
|
EPS
2 |
-
|
0.3700
|
0.0900
|
0.2900
|
0.2900
|
0.3700
|
0.1300
|
0.3900
|
0.3500
|
0.3800
|
0.1600
|
0.4100
|
0.3500
|
0.3700
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
8/26/20
|
4/26/22
|
4/26/22
|
8/26/22
|
10/28/22
|
4/26/23
|
4/26/23
|
8/29/23
|
10/27/23
|
4/26/24
|
4/26/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
27.6
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
25.6
|
-
|
21.1
|
1,324
|
4,392
|
4,597
|
4,729
|
4,858
|
Leverage (Debt/EBITDA)
|
-
|
0.0252
x
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
|
944
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
ROE (net income / shareholders' equity)
|
19%
|
15.7%
|
16.6%
|
13.2%
|
14.6%
|
15.1%
|
15.6%
|
16.3%
|
ROA (Net income/ Total Assets)
|
11.5%
|
9.6%
|
10.3%
|
8.82%
|
-
|
10.1%
|
10.5%
|
-
|
Assets
1 |
7,720
|
8,334
|
8,819
|
8,886
|
-
|
10,252
|
11,136
|
-
|
Book Value Per Share
2 |
6.630
|
6.960
|
7.670
|
8.040
|
8.910
|
9.370
|
10.30
|
11.00
|
Cash Flow per Share
2 |
1.470
|
1.370
|
0.9100
|
0.5800
|
2.230
|
1.910
|
1.610
|
1.870
|
Capex
1 |
169
|
277
|
249
|
329
|
349
|
167
|
193
|
193
|
Capex / Sales
|
2.03%
|
3.47%
|
2.82%
|
4.52%
|
4.47%
|
1.95%
|
2.05%
|
1.88%
|
Announcement Date
|
4/24/20
|
4/23/21
|
4/26/22
|
4/26/23
|
4/26/24
|
-
|
-
|
-
|
Last Close Price
19.47
CNY Average target price
22.39
CNY Spread / Average Target +15.00% Consensus |
1st Jan change
|
Capi.
|
---|
| +12.03% | 1.94B | | +29.94% | 8B | | +12.42% | 1.2B | | +2.05% | 583M | | -42.87% | 466M | | +14.13% | 446M | | -26.20% | 394M | | -29.66% | 374M | | +8.15% | 354M | | -16.35% | 298M |
Lighting Fixtures
|