Financials Shanghai Hi-Road Food Technology Co., Ltd.

Equities

300915

CNE1000049D1

Food Processing

End-of-day quote Shenzhen S.E. 06:00:00 2024-05-27 pm EDT 5-day change 1st Jan Change
30.08 CNY -2.08% Intraday chart for Shanghai Hi-Road Food Technology Co., Ltd. -4.87% -8.40%

Valuation

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Capitalization 1 4,829 5,149 3,762 2,956 2,704 -
Enterprise Value (EV) 1 4,829 5,149 3,762 2,956 2,704 2,704
P/E ratio 42.9 x 45.8 x 40.3 x 33 x 22.3 x 16.9 x
Yield - - - - - -
Capitalization / Revenue 8.45 x 6.89 x 4.33 x 3.1 x 2.15 x 1.75 x
EV / Revenue 8.45 x 6.89 x 4.33 x 3.1 x 2.15 x 1.75 x
EV / EBITDA 41.4 x 35.4 x 26.7 x 24.2 x 24.8 x 19 x
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 3.65 x 3.69 x 2.59 x 1.96 x 1.63 x 1.48 x
Nbr of stocks (in thousands) 90,000 90,000 90,000 90,000 89,885 -
Reference price 2 53.65 57.21 41.80 32.84 30.08 30.08
Announcement Date 4/22/21 4/21/22 4/25/23 4/23/24 - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Net sales 1 571.7 746.9 868.2 954.6 1,257 1,549
EBITDA 1 116.6 145.5 140.7 122.2 109 142
EBIT 1 101.7 130 107.1 103.8 141 187
Operating Margin 17.79% 17.4% 12.34% 10.87% 11.22% 12.07%
Earnings before Tax (EBT) 1 101 129.8 107.3 99.9 141 187
Net income 1 86.83 112.4 93.31 89.51 122 161
Net margin 15.19% 15.05% 10.75% 9.38% 9.71% 10.4%
EPS 2 1.252 1.249 1.037 0.9946 1.350 1.780
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 4/22/21 4/21/22 4/25/23 4/23/24 - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Net Debt - - - - - -
Net Cash position - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) 22.1% 8.27% 6.56% 6.06% 7.3% 8.8%
ROA (Net income/ Total Assets) - - - 5.12% 6.1% 7.2%
Assets 1 - - - 1,747 2,000 2,236
Book Value Per Share 2 14.70 15.50 16.10 16.70 18.50 20.30
Cash Flow per Share 2 0.8800 0.6300 0.6200 1.340 1.060 1.380
Capex 19.8 - - - - -
Capex / Sales 3.47% - - - - -
Announcement Date 4/22/21 4/21/22 4/25/23 4/23/24 - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
30.08 CNY
Average target price
35 CNY
Spread / Average Target
+16.36%
Consensus

Annual profits - Rate of surprise

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