SHANDONG HEAD GROUP CO.,LTD. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 15.57 CNY | +1.50% |
|
-2.69% | -26.52% |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 3,692 | 6,908 | 21,092 | 7,678 | 7,253 | 5,320 | - | - |
| Enterprise Value (EV) 1 | 3,692 | 6,908 | 21,304 | 8,130 | 7,806 | 5,166 | 4,726 | 5,320 |
| P/E ratio | 23.4 x | 25.9 x | 63.5 x | 21.8 x | 33.1 x | 18.3 x | 11.3 x | 10.8 x |
| Yield | 2.06% | - | 0.16% | 1.34% | 0.94% | 0.96% | 1.32% | - |
| Capitalization / Revenue | 3.32 x | 5.28 x | 13.5 x | 4.45 x | 4.66 x | 2.44 x | 2.07 x | 1.86 x |
| EV / Revenue | 3.32 x | 5.28 x | 13.7 x | 4.72 x | 5.02 x | 2.36 x | 1.84 x | 1.86 x |
| EV / EBITDA | - | - | 44.9 x | 17.5 x | 18.8 x | 8.92 x | 6.44 x | 6.16 x |
| EV / FCF | - | - | - | - | - | - | - | - |
| FCF Yield | - | - | - | - | - | - | - | - |
| Price to Book | 4.04 x | 5.74 x | 13.6 x | 4.08 x | 3.62 x | 2.3 x | 1.85 x | 1.7 x |
| Nbr of stocks (in thousands) | 323,505 | 341,407 | 342,576 | 342,446 | 342,287 | 341,699 | - | - |
| Reference price 2 | 11.41 | 20.24 | 61.57 | 22.42 | 21.19 | 15.57 | 15.57 | 15.57 |
| Announcement Date | 4/10/20 | 3/16/21 | 4/25/22 | 3/7/23 | 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 | 1,113 | 1,309 | 1,560 | 1,723 | 1,556 | 2,185 | 2,570 | 2,861 |
| EBITDA 1 | - | - | 474 | 465 | 415.9 | 579 | 734.4 | 863 |
| EBIT 1 | 186.2 | 294.6 | 376.5 | 411.5 | 260.2 | 343 | 569 | 579 |
| Operating Margin | 16.73% | 22.51% | 24.13% | 23.88% | 16.72% | 15.7% | 22.14% | 20.24% |
| Earnings before Tax (EBT) 1 | 181.9 | 293.7 | 376.6 | 409.8 | 259.5 | 343 | 568.3 | 579 |
| Net income 1 | 157.6 | 252.2 | 329.5 | 353.8 | 220.2 | 292 | 471 | 492 |
| Net margin | 14.16% | 19.27% | 21.12% | 20.53% | 14.15% | 13.37% | 18.33% | 17.2% |
| EPS 2 | 0.4868 | 0.7824 | 0.9700 | 1.030 | 0.6400 | 0.8500 | 1.379 | 1.440 |
| Free Cash Flow | - | - | - | - | - | - | - | - |
| FCF margin | - | - | - | - | - | - | - | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - | - |
| Dividend per Share 2 | 0.2353 | - | 0.1000 | 0.3000 | 0.2000 | 0.1498 | 0.2050 | - |
| Announcement Date | 4/10/20 | 3/16/21 | 4/25/22 | 3/7/23 | 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 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales | 389.5 | 391.8 | 515.5 | 424.7 | 391.4 | - | 375.4 | 428.1 | 377.7 | - | - | - | - | - |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT | 61.08 | - | 149.7 | 93.25 | 57.06 | - | 96.94 | 76.62 | - | - | - | - | - | - |
| Operating Margin | 15.68% | - | 29.04% | 21.96% | 14.58% | - | 25.83% | 17.9% | - | - | - | - | - | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net income | - | - | - | - | - | 72.8 | 84.11 | 72.62 | -9.321 | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | 22.41% | 16.96% | -2.47% | - | - | - | - | - |
| EPS | 0.1525 | - | 0.3788 | 0.2300 | 0.1400 | 0.2126 | 0.2474 | 0.2100 | -0.0300 | - | - | - | - | - |
| Dividend per Share 1 | 0.1000 | - | - | - | 0.3000 | - | - | - | - | - | - | 0.1096 | - | - |
| Announcement Date | 4/25/22 | 4/25/22 | 7/25/22 | 10/27/22 | 3/7/23 | 4/25/23 | 8/29/23 | 10/30/23 | 4/26/24 | - | - | - | - | - |
1CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | 212 | 453 | 553 | - | - | - |
| Net Cash position 1 | - | - | - | - | - | 154 | 594 | - |
| Leverage (Debt/EBITDA) | - | - | 0.4473 x | 0.9732 x | 1.33 x | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - |
| ROE (net income / shareholders' equity) | 19% | 24.9% | 24% | 20.7% | 11.2% | 12.6% | 16.9% | 15.7% |
| ROA (Net income/ Total Assets) | - | - | 12.5% | 11.9% | - | 6.82% | 9.45% | 9.23% |
| Assets 1 | - | - | 2,636 | 2,983 | - | 4,282 | 4,987 | 5,330 |
| Book Value Per Share 2 | 2.830 | 3.520 | 4.520 | 5.500 | 5.860 | 6.780 | 8.420 | 9.180 |
| Cash Flow per Share 2 | 0.6500 | 1.130 | 1.330 | 0.8800 | 0.5300 | 1.890 | 1.850 | - |
| Capex 1 | 75.5 | 237 | 699 | 468 | 101 | 261 | 213 | 410 |
| Capex / Sales | 6.78% | 18.07% | 44.8% | 27.13% | 6.5% | 11.94% | 8.3% | 14.33% |
| Announcement Date | 4/10/20 | 3/16/21 | 4/25/22 | 3/7/23 | 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
Sell
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
15.57
CNY
Average target price
19.5
CNY
Spread / Average Target
+25.24%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -26.52% | 737M | |
| +17.80% | 66.73B | |
| +2.92% | 49.79B | |
| +19.98% | 42.5B | |
| +20.88% | 26.45B | |
| +12.04% | 19.66B | |
| +1.27% | 17.18B | |
| -22.98% | 15.82B | |
| +2.77% | 15.56B | |
| -9.25% | 15.41B |
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- Financials Shandong Head Group Co.,Ltd.
