WENCAN GROUP CO., LTD. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 31.49 CNY | +1.61% |
|
-5.15% | -18.84% |
Valuation
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 6,891 | 15,313 | 15,171 | 10,245 | 8,315 | - | - |
| Enterprise Value (EV) 1 | 6,891 | 15,313 | 16,938 | 12,331 | 9,760 | 9,589 | 9,325 |
| P/E ratio | 76.1 x | 154 x | 64 x | 204 x | 22.7 x | 15 x | 13.8 x |
| Yield | - | 0.26% | 0.26% | - | 1% | 1.16% | - |
| Capitalization / Revenue | - | 3.72 x | 2.9 x | 2.01 x | 1.13 x | 0.93 x | 0.77 x |
| EV / Revenue | - | 3.72 x | 3.24 x | 2.42 x | 1.33 x | 1.07 x | 0.86 x |
| EV / EBITDA | - | 24.5 x | 24 x | 22.3 x | 9.08 x | 6.98 x | 6.03 x |
| EV / FCF | - | - | -45,096,189 x | - | - | - | - |
| FCF Yield | - | - | -0% | - | - | - | - |
| Price to Book | - | 5.71 x | 5.03 x | 3.21 x | 2.35 x | 2.05 x | 1.93 x |
| Nbr of stocks (in thousands) | 251,496 | 262,168 | 263,524 | 264,050 | 264,064 | - | - |
| Reference price 2 | 27.40 | 58.41 | 57.57 | 38.80 | 31.49 | 31.49 | 31.49 |
| Announcement Date | 4/27/21 | 4/21/22 | 4/25/23 | 4/25/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 4,112 | 5,230 | 5,101 | 7,335 | 8,943 | 10,787 |
| EBITDA 1 | - | 625.3 | 707.2 | 553.7 | 1,075 | 1,374 | 1,546 |
| EBIT 1 | - | 113.3 | 314.2 | 94.45 | 464.9 | 671.4 | 795.2 |
| Operating Margin | - | 2.76% | 6.01% | 1.85% | 6.34% | 7.51% | 7.37% |
| Earnings before Tax (EBT) 1 | - | 105.9 | 263.8 | 80.3 | 446.3 | 656.6 | 764.5 |
| Net income 1 | 83.8 | 97.17 | 237.6 | 50.43 | 365.9 | 554.6 | 622.6 |
| Net margin | - | 2.36% | 4.54% | 0.99% | 4.99% | 6.2% | 5.77% |
| EPS 2 | 0.3600 | 0.3800 | 0.9000 | 0.1900 | 1.387 | 2.102 | 2.286 |
| Free Cash Flow | - | - | -375.6 | - | - | - | - |
| FCF margin | - | - | -7.18% | - | - | - | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - |
| Dividend per Share 2 | - | 0.1500 | 0.1500 | - | 0.3163 | 0.3666 | - |
| Announcement Date | 4/27/21 | 4/21/22 | 4/25/23 | 4/25/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 S1 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales | - | - | - | 1,289 | 2,562 | - | - | - | - | - | - | - | - |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Margin | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net income | 122.5 | - | - | 11.37 | 13.91 | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | 0.88% | 0.54% | - | - | - | - | - | - | - | - |
| EPS 1 | 0.4571 | -0.0156 | 0.0100 | 0.0400 | - | 0.1327 | 0.0100 | 0.2300 | 0.1700 | 0.0600 | 0.1600 | 0.1400 | 0.2000 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 10/27/22 | 4/25/23 | 4/25/23 | 8/17/23 | 8/17/23 | 10/27/23 | 4/25/24 | 4/25/24 | - | - | - | - | - |
1CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | 1,767 | 2,086 | 1,445 | 1,273 | 1,009 |
| Net Cash position 1 | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | 2.499 x | 3.768 x | 1.345 x | 0.9268 x | 0.6528 x |
| Free Cash Flow | - | - | -376 | - | - | - | - |
| ROE (net income / shareholders' equity) | - | 3.7% | 8.29% | 1.6% | 10.8% | 14.5% | 13.7% |
| ROA (Net income/ Total Assets) | - | 1.45% | 3.58% | - | 4.64% | 6.08% | 6.67% |
| Assets 1 | - | 6,686 | 6,641 | - | 7,886 | 9,116 | 9,341 |
| Book Value Per Share 2 | - | 10.20 | 11.40 | 12.10 | 13.40 | 15.40 | 16.40 |
| Cash Flow per Share 2 | - | 1.580 | 2.200 | 2.950 | 3.060 | 5.140 | 5.230 |
| Capex 1 | - | 472 | 956 | 903 | 634 | 604 | 595 |
| Capex / Sales | - | 11.47% | 18.28% | 17.7% | 8.65% | 6.75% | 5.52% |
| Announcement Date | 4/27/21 | 4/21/22 | 4/25/23 | 4/25/24 | - | - | - |
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
8
Last Close Price
31.49
CNY
Average target price
32.52
CNY
Spread / Average Target
+3.27%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -18.84% | 1.13B | |
| +23.77% | 49.31B | |
| -8.28% | 22.39B | |
| +20.25% | 20.29B | |
| +27.95% | 17.81B | |
| -4.22% | 15.17B | |
| -17.37% | 13.77B | |
| -19.01% | 13.69B | |
| +32.05% | 11.8B | |
| +39.80% | 10.96B |
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- Financials Wencan Group Co., Ltd.