Financials Shenzhen Zhenye (Group) Co.,Ltd.

Equities

000006

CNE000000164

Real Estate Development & Operations

End-of-day quote Shenzhen S.E. 06:00:00 2024-05-21 pm EDT 5-day change 1st Jan Change
4.25 CNY +1.43% Intraday chart for Shenzhen Zhenye (Group) Co.,Ltd. +7.32% -7.41%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 6,993 7,236 7,573 6,021 8,505 6,196
Enterprise Value (EV) 1 6,389 7,242 8,141 11,400 12,455 10,518
P/E ratio 8 x 9.03 x 8.76 x 11.1 x 20.3 x -7.72 x
Yield 3.76% 3.34% 3.44% 2.71% 1.49% -
Capitalization / Revenue 2.78 x 1.94 x 2.58 x 1.95 x 2.3 x 2.2 x
EV / Revenue 2.54 x 1.94 x 2.77 x 3.69 x 3.37 x 3.74 x
EV / EBITDA 9.18 x 6.15 x 9.45 x 14.4 x 13.9 x -32 x
EV / FCF 4.57 x -12.2 x -20.9 x -2.59 x 7.41 x 31.8 x
FCF Yield 21.9% -8.22% -4.79% -38.7% 13.5% 3.15%
Price to Book 1.13 x 1.07 x 1.03 x 0.79 x 1.08 x 0.89 x
Nbr of stocks (in thousands) 1,349,995 1,349,995 1,349,995 1,349,995 1,349,995 1,349,995
Reference price 2 5.180 5.360 5.610 4.460 6.300 4.590
Announcement Date 3/29/19 4/8/20 3/31/21 4/15/22 4/27/23 4/26/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 2,512 3,731 2,935 3,089 3,700 2,811
EBITDA 1 695.9 1,178 861.8 794.1 897.3 -329
EBIT 1 658 1,140 822.9 754.2 856.5 -371.1
Operating Margin 26.2% 30.55% 28.04% 24.42% 23.15% -13.2%
Earnings before Tax (EBT) 1 1,069 1,103 1,089 753 732.7 -532.6
Net income 1 874.2 801.2 864.6 541.7 419.6 -802.7
Net margin 34.8% 21.47% 29.46% 17.54% 11.34% -28.56%
EPS 2 0.6476 0.5935 0.6405 0.4013 0.3108 -0.5946
Free Cash Flow 1 1,397 -595.3 -389.7 -4,407 1,680 331.2
FCF margin 55.6% -15.95% -13.28% -142.68% 45.41% 11.78%
FCF Conversion (EBITDA) 200.7% - - - 187.23% -
FCF Conversion (Net income) 159.76% - - - 400.35% -
Dividend per Share 2 0.1950 0.1790 0.1930 0.1210 0.0940 -
Announcement Date 3/29/19 4/8/20 3/31/21 4/15/22 4/27/23 4/26/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - 6.49 568 5,379 3,950 4,321
Net Cash position 1 604 - - - - -
Leverage (Debt/EBITDA) - 0.005512 x 0.6586 x 6.774 x 4.402 x -13.13 x
Free Cash Flow 1 1,397 -595 -390 -4,407 1,680 331
ROE (net income / shareholders' equity) 15.3% 12.4% 12% 6.91% 5.38% -11.3%
ROA (Net income/ Total Assets) 3.08% 4.87% 3.3% 2.41% 2.14% -0.89%
Assets 1 28,355 16,464 26,208 22,431 19,597 90,521
Book Value Per Share 2 4.590 4.990 5.460 5.660 5.850 5.160
Cash Flow per Share 2 2.700 2.250 1.440 2.180 3.380 2.860
Capex 1 17.9 11.9 5.26 4.9 17 18.1
Capex / Sales 0.71% 0.32% 0.18% 0.16% 0.46% 0.64%
Announcement Date 3/29/19 4/8/20 3/31/21 4/15/22 4/27/23 4/26/24
1CNY in Million2CNY
Estimates
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