SERES GROUP CO.,LTD |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 91.15 CNY | -4.45% |
|
-3.98% | +19.62% |
| Apr. 29 | Seres Group Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
| Apr. 26 | Foreign automakers eager for Chinese partners at Beijing auto show | RE |
Valuation
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 21,534 | 80,983 | 59,876 | 114,691 | 137,411 | - | - |
| Enterprise Value (EV) 1 | 21,534 | 80,983 | 59,876 | 114,691 | 99,074 | 86,929 | 67,502 |
| P/E ratio | -11.5 x | -43.2 x | -14.9 x | -46.7 x | 79.2 x | 23.2 x | 14.5 x |
| Yield | - | - | - | - | - | - | - |
| Capitalization / Revenue | - | 4.84 x | 1.76 x | 3.2 x | 1.15 x | 0.84 x | 0.66 x |
| EV / Revenue | - | 4.84 x | 1.76 x | 3.2 x | 0.83 x | 0.53 x | 0.32 x |
| EV / EBITDA | - | -66.4 x | -22 x | -81.2 x | 51.8 x | 12.8 x | 4.8 x |
| EV / FCF | - | - | - | - | 2.5 x | 2.63 x | 2.42 x |
| FCF Yield | - | - | - | - | 40% | 38% | 41.3% |
| Price to Book | - | 10.2 x | 5.27 x | 10.1 x | 8.44 x | 6.89 x | 4.88 x |
| Nbr of stocks (in thousands) | 1,260,769 | 1,359,921 | 1,497,277 | 1,505,133 | 1,507,523 | - | - |
| Reference price 2 | 17.08 | 59.55 | 39.99 | 76.20 | 91.15 | 91.15 | 91.15 |
| Announcement Date | 4/29/21 | 4/29/22 | 4/28/23 | 4/30/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 16,718 | 34,105 | 35,842 | 119,027 | 163,963 | 208,695 |
| EBITDA 1 | - | -1,219 | -2,718 | -1,412 | 1,913 | 6,783 | 14,076 |
| EBIT 1 | - | -2,885 | -4,927 | -3,994 | 144 | 4,912 | 9,925 |
| Operating Margin | - | -17.26% | -14.45% | -11.14% | 0.12% | 3% | 4.76% |
| Earnings before Tax (EBT) 1 | - | -2,610 | -4,930 | -4,081 | 2,380 | 7,466 | 12,420 |
| Net income 1 | -1,729 | -1,824 | -3,832 | -2,450 | 1,729 | 5,943 | 9,454 |
| Net margin | - | -10.91% | -11.24% | -6.83% | 1.45% | 3.62% | 4.53% |
| EPS 2 | -1.490 | -1.380 | -2.680 | -1.630 | 1.150 | 3.931 | 6.268 |
| Free Cash Flow 1 | - | - | - | - | 39,602 | 33,076 | 27,898 |
| FCF margin | - | - | - | - | 33.27% | 20.17% | 13.37% |
| FCF Conversion (EBITDA) | - | - | - | - | 2,070.13% | 487.63% | 198.2% |
| FCF Conversion (Net income) | - | - | - | - | 2,290.83% | 556.51% | 295.08% |
| Dividend per Share 2 | - | - | - | - | - | - | - |
| Announcement Date | 4/29/21 | 4/29/22 | 4/28/23 | 4/30/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2022 S1 | 2022 Q3 |
|---|---|---|
| Net sales 1 | - | 10,707 |
| EBITDA | - | - |
| EBIT 1 | - | -1,407 |
| Operating Margin | - | -13.14% |
| Earnings before Tax (EBT) | - | - |
| Net income | -1,727 | - |
| Net margin | - | - |
| EPS | -1.270 | - |
| Dividend per Share | - | - |
| Announcement Date | 8/19/22 | 10/29/22 |
1CNY in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - |
| Net Cash position 1 | - | - | - | - | 38,337 | 50,482 | 69,909 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - |
| Free Cash Flow 1 | - | - | - | - | 39,602 | 33,076 | 27,898 |
| ROE (net income / shareholders' equity) | - | -30.7% | -39.8% | -22.4% | 8.33% | 36.1% | 34.6% |
| ROA (Net income/ Total Assets) | - | -6.26% | -9.69% | - | 4.25% | 6.38% | 8.37% |
| Assets 1 | - | 29,146 | 39,536 | - | 40,706 | 93,187 | 112,993 |
| Book Value Per Share 2 | - | 5.810 | 7.590 | 7.550 | 10.80 | 13.20 | 18.70 |
| Cash Flow per Share 2 | - | -0.7300 | -0.7800 | 4.240 | 15.30 | 13.40 | 7.760 |
| Capex 1 | - | 1,077 | 2,617 | 3,143 | 5,088 | 4,351 | 3,639 |
| Capex / Sales | - | 6.44% | 7.67% | 8.77% | 4.27% | 2.65% | 1.74% |
| Announcement Date | 4/29/21 | 4/29/22 | 4/28/23 | 4/30/24 | - | - | - |
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-
Sell
Buy
Mean consensus
BUY
Number of Analysts
7
Last Close Price
91.15
CNY
Average target price
108.1
CNY
Spread / Average Target
+18.63%
EPS Revisions
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +19.62% | 18.98B | |
| +39.16% | 311B | |
| +13.41% | 78.45B | |
| +1.66% | 69.04B | |
| +21.93% | 55.49B | |
| +23.80% | 50.78B | |
| +0.04% | 48.51B | |
| +29.09% | 44.29B | |
| +23.34% | 39.48B | |
| +24.69% | 28.77B |
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- Financials Seres Group Co.,Ltd
