Financials Xiamen Sunrise Group Co., Ltd.

Equities

002593

CNE1000014Y1

Construction Supplies & Fixtures

End-of-day quote Shenzhen S.E. 06:00:00 2024-05-21 pm EDT 5-day change 1st Jan Change
3.37 CNY +1.51% Intraday chart for Xiamen Sunrise Group Co., Ltd. +0.60% -15.96%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,131 2,720 2,662 3,288 2,894 3,223
Enterprise Value (EV) 1 2,504 3,258 3,181 3,688 3,535 3,754
P/E ratio 27.6 x 35.3 x 34.7 x 29.2 x 100 x 50.1 x
Yield 1.65% 1.29% 1.31% 1.22% - 1.25%
Capitalization / Revenue 0.73 x 1.03 x 0.91 x 0.87 x 0.86 x 0.82 x
EV / Revenue 0.86 x 1.24 x 1.08 x 0.98 x 1.05 x 0.95 x
EV / EBITDA 13.1 x 14 x 12.8 x 13.7 x 23.2 x 17.4 x
EV / FCF -302 x -30.4 x 102 x -26.3 x -18.4 x 35.3 x
FCF Yield -0.33% -3.29% 0.98% -3.8% -5.42% 2.83%
Price to Book 1.13 x 1.42 x 1.11 x 1.41 x 1.24 x 1.35 x
Nbr of stocks (in thousands) 701,145 701,110 696,910 803,858 803,858 803,858
Reference price 2 3.040 3.880 3.820 4.090 3.600 4.010
Announcement Date 3/11/19 4/6/20 3/22/21 4/18/22 4/17/23 4/15/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 2,902 2,636 2,935 3,778 3,378 3,951
EBITDA 1 191.7 233.5 248.3 269.2 152.3 215.3
EBIT 1 107.3 133.4 142.2 146.5 38.53 83.47
Operating Margin 3.7% 5.06% 4.84% 3.88% 1.14% 2.11%
Earnings before Tax (EBT) 1 87.21 94.77 90.63 104.1 37.42 64.74
Net income 1 81.61 82.39 78.51 105.8 28.96 60.09
Net margin 2.81% 3.13% 2.67% 2.8% 0.86% 1.52%
EPS 2 0.1100 0.1100 0.1100 0.1400 0.0359 0.0800
Free Cash Flow 1 -8.282 -107.1 31.11 -140 -191.7 106.4
FCF margin -0.29% -4.06% 1.06% -3.71% -5.68% 2.69%
FCF Conversion (EBITDA) - - 12.53% - - 49.41%
FCF Conversion (Net income) - - 39.63% - - 177.05%
Dividend per Share 2 0.0503 0.0500 0.0500 0.0500 - 0.0500
Announcement Date 3/11/19 4/6/20 3/22/21 4/18/22 4/17/23 4/15/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 373 538 518 400 641 531
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 1.943 x 2.303 x 2.087 x 1.487 x 4.206 x 2.464 x
Free Cash Flow 1 -8.28 -107 31.1 -140 -192 106
ROE (net income / shareholders' equity) 4.26% 4.2% 3.93% 4.94% 1.25% 2.5%
ROA (Net income/ Total Assets) 1.74% 2.11% 2.15% 1.98% 0.48% 1.04%
Assets 1 4,702 3,903 3,646 5,338 5,985 5,800
Book Value Per Share 2 2.680 2.730 3.450 2.910 2.910 2.980
Cash Flow per Share 2 0.9500 0.6400 1.120 0.8300 0.9400 0.9300
Capex 1 98.8 117 136 159 268 257
Capex / Sales 3.4% 4.42% 4.65% 4.22% 7.93% 6.5%
Announcement Date 3/11/19 4/6/20 3/22/21 4/18/22 4/17/23 4/15/24
1CNY in Million2CNY
Estimates
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