End-of-day quote
Shanghai S.E.
06:00:00 2024-04-29 pm EDT
|
5-day change
|
1st Jan Change
|
262.3
CNY
|
+1.65%
|
|
+3.97%
|
+13.69%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
78,176
|
327,076
|
385,288
|
347,709
|
281,482
|
320,009
|
-
|
-
|
Enterprise Value (EV)
1 |
74,212
|
322,469
|
379,155
|
336,516
|
278,053
|
310,461
|
299,706
|
293,558
|
P/E ratio
|
40.2
x
|
106
x
|
72.3
x
|
42.9
x
|
26.9
x
|
24.7
x
|
20.3
x
|
17.1
x
|
Yield
|
1%
|
0.05%
|
0.57%
|
1.16%
|
1.89%
|
2.05%
|
2.37%
|
2.96%
|
Capitalization / Revenue
|
6.58
x
|
23.4
x
|
19.3
x
|
13.3
x
|
8.82
x
|
8.3
x
|
6.99
x
|
5.99
x
|
EV / Revenue
|
6.25
x
|
23.1
x
|
19
x
|
12.8
x
|
8.71
x
|
8.05
x
|
6.55
x
|
5.49
x
|
EV / EBITDA
|
24.9
x
|
73.5
x
|
52.7
x
|
30.4
x
|
19.2
x
|
17.7
x
|
14.1
x
|
11.6
x
|
EV / FCF
|
25.3
x
|
178
x
|
50.6
x
|
35.5
x
|
41.2
x
|
20
x
|
21.8
x
|
17.6
x
|
FCF Yield
|
3.96%
|
0.56%
|
1.98%
|
2.82%
|
2.43%
|
5%
|
4.59%
|
5.68%
|
Price to Book
|
10.5
x
|
33.5
x
|
25.3
x
|
16.3
x
|
10.1
x
|
8.6
x
|
6.72
x
|
5.36
x
|
Nbr of stocks (in thousands)
|
1,220,140
|
1,220,140
|
1,220,114
|
1,220,073
|
1,219,964
|
1,219,964
|
-
|
-
|
Reference price
2 |
64.07
|
268.1
|
315.8
|
285.0
|
230.7
|
262.3
|
262.3
|
262.3
|
Announcement Date
|
2/6/20
|
3/9/21
|
4/27/22
|
4/27/23
|
4/25/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
11,880
|
13,990
|
19,971
|
26,214
|
31,928
|
38,564
|
45,760
|
53,440
|
EBITDA
1 |
2,986
|
4,387
|
7,200
|
11,074
|
14,477
|
17,534
|
21,242
|
25,227
|
EBIT
1 |
2,843
|
4,235
|
7,029
|
10,873
|
14,224
|
17,296
|
20,981
|
25,003
|
Operating Margin
|
23.93%
|
30.27%
|
35.2%
|
41.48%
|
44.55%
|
44.85%
|
45.85%
|
46.79%
|
Earnings before Tax (EBT)
1 |
2,845
|
4,237
|
7,091
|
10,876
|
14,205
|
17,403
|
21,094
|
25,136
|
Net income
1 |
1,939
|
3,079
|
5,314
|
8,096
|
10,438
|
12,958
|
15,720
|
18,686
|
Net margin
|
16.32%
|
22.01%
|
26.61%
|
30.88%
|
32.69%
|
33.6%
|
34.35%
|
34.97%
|
EPS
2 |
1.596
|
2.526
|
4.365
|
6.642
|
8.563
|
10.63
|
12.89
|
15.34
|
Free Cash Flow
1 |
2,936
|
1,814
|
7,489
|
9,485
|
6,743
|
15,518
|
13,771
|
16,668
|
FCF margin
|
24.72%
|
12.97%
|
37.5%
|
36.18%
|
21.12%
|
40.24%
|
30.09%
|
31.19%
|
FCF Conversion (EBITDA)
|
98.35%
|
41.36%
|
104.01%
|
85.65%
|
46.58%
|
88.5%
|
64.83%
|
66.07%
|
FCF Conversion (Net income)
|
151.47%
|
58.92%
|
140.94%
|
117.15%
|
64.6%
|
119.75%
|
87.6%
|
89.2%
|
Dividend per Share
2 |
0.6429
|
0.1429
|
1.800
|
3.320
|
4.370
|
5.382
|
6.225
|
7.760
|
Announcement Date
|
2/6/20
|
3/9/21
|
4/27/22
|
4/27/23
|
4/25/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2023 S2
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
---|
Net sales
1 |
2,714
|
10,530
|
4,803
|
-
|
6,810
|
4,070
|
12,682
|
6,329
|
7,733
|
5,184
|
12,917
|
15,338
|
7,531
|
9,512
|
-
|
EBITDA
|
-
|
-
|
1,736
|
-
|
2,767
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
384.6
|
4,985
|
1,779
|
-
|
2,804
|
1,305
|
6,450
|
2,695
|
3,593
|
1,486
|
5,078
|
8,365
|
3,171
|
4,337
|
1,634
|
Operating Margin
|
14.17%
|
47.34%
|
37.03%
|
-
|
41.17%
|
32.07%
|
50.86%
|
42.59%
|
46.46%
|
28.66%
|
39.31%
|
54.54%
|
42.1%
|
45.6%
|
-
|
Earnings before Tax (EBT)
|
441.5
|
-
|
1,780
|
-
|
2,803
|
1,306
|
-
|
2,697
|
-
|
1,471
|
-
|
-
|
-
|
-
|
-
|
Net income
1 |
434.8
|
-
|
1,303
|
5,013
|
2,096
|
987.6
|
-
|
1,948
|
-
|
1,007
|
-
|
-
|
2,816
|
2,850
|
1,105
|
Net margin
|
16.02%
|
-
|
27.12%
|
-
|
30.77%
|
24.27%
|
-
|
30.78%
|
-
|
19.42%
|
-
|
-
|
37.39%
|
29.97%
|
-
|
EPS
2 |
0.3600
|
3.040
|
1.075
|
4.115
|
1.710
|
0.8100
|
3.950
|
1.610
|
2.170
|
0.8300
|
-
|
5.130
|
2.124
|
2.493
|
1.028
|
Dividend per Share
2 |
1.800
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
2.441
|
2.441
|
2.441
|
Announcement Date
|
4/27/22
|
4/27/22
|
8/24/22
|
8/24/22
|
10/27/22
|
4/27/23
|
4/27/23
|
8/24/23
|
10/26/23
|
4/25/24
|
4/25/24
|
4/25/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
3,964
|
4,607
|
6,133
|
11,193
|
3,430
|
9,548
|
20,303
|
26,450
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
2,936
|
1,814
|
7,489
|
9,485
|
6,743
|
15,518
|
13,771
|
16,669
|
ROE (net income / shareholders' equity)
|
27.4%
|
35.1%
|
42%
|
44.7%
|
43.1%
|
37.7%
|
35.4%
|
33.3%
|
ROA (Net income/ Total Assets)
|
13.6%
|
16.9%
|
21.4%
|
24.3%
|
-
|
25.1%
|
24.4%
|
24.6%
|
Assets
1 |
14,227
|
18,249
|
24,867
|
33,321
|
-
|
51,659
|
64,365
|
75,862
|
Book Value Per Share
2 |
6.100
|
8.010
|
12.50
|
17.50
|
22.80
|
30.50
|
39.00
|
48.90
|
Cash Flow per Share
2 |
2.520
|
1.650
|
6.270
|
8.450
|
5.920
|
11.70
|
12.90
|
15.30
|
Capex
1 |
140
|
195
|
156
|
826
|
482
|
771
|
942
|
1,498
|
Capex / Sales
|
1.18%
|
1.4%
|
0.78%
|
3.15%
|
1.51%
|
2%
|
2.06%
|
2.8%
|
Announcement Date
|
2/6/20
|
3/9/21
|
4/27/22
|
4/27/23
|
4/25/24
|
-
|
-
|
-
|
Last Close Price
262.3
CNY Average target price
293.6
CNY Spread / Average Target +11.93% Consensus |
1st Jan change
|
Capi.
|
---|
| +13.69% | 44.22B | | -1.22% | 296B | | +7.21% | 80.68B | | +3.72% | 37.85B | | -13.49% | 19.79B | | +16.51% | 17.29B | | -7.57% | 12.22B | | +8.10% | 10.29B | | +17.78% | 9.89B | | +7.11% | 7.85B |
Distilleries
|