End-of-day quote
Shanghai S.E.
06:00:00 2024-04-29 pm EDT
|
5-day change
|
1st Jan Change
|
43.94
CNY
|
+2.16%
|
|
+1.48%
|
+9.74%
|
Fiscal Period: December |
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Capitalization
1 |
15,713
|
27,745
|
47,897
|
39,611
|
46,074
|
44,405
|
44,405
|
-
|
Enterprise Value (EV)
1 |
15,713
|
27,132
|
46,953
|
37,992
|
43,468
|
38,490
|
40,993
|
37,137
|
P/E ratio
|
36.5
x
|
50.8
x
|
62
x
|
44.4
x
|
36.3
x
|
28.6
x
|
25.3
x
|
20.6
x
|
Yield
|
0.72%
|
0.41%
|
0.33%
|
0.54%
|
0.63%
|
1.25%
|
1.33%
|
1.34%
|
Capitalization / Revenue
|
2.27
x
|
2.7
x
|
3.64
x
|
2.58
x
|
2.32
x
|
1.79
x
|
1.62
x
|
1.3
x
|
EV / Revenue
|
2.27
x
|
2.64
x
|
3.57
x
|
2.48
x
|
2.19
x
|
1.7
x
|
1.49
x
|
1.08
x
|
EV / EBITDA
|
21.6
x
|
27
x
|
34.1
x
|
23.7
x
|
19.6
x
|
15.7
x
|
10.6
x
|
8.97
x
|
EV / FCF
|
56.4
x
|
53
x
|
-
|
-
|
-
|
9.87
x
|
10.5
x
|
13.1
x
|
FCF Yield
|
1.77%
|
1.89%
|
-
|
-
|
-
|
10.1%
|
9.5%
|
7.66%
|
Price to Book
|
3.87
x
|
6.15
x
|
9.13
x
|
5.29
x
|
5.38
x
|
4.13
x
|
3.97
x
|
3.4
x
|
Nbr of stocks (in thousands)
|
960,102
|
965,495
|
966,544
|
1,006,271
|
1,010,387
|
1,010,580
|
1,010,580
|
-
|
Reference price
2 |
16.37
|
28.74
|
49.55
|
39.36
|
45.60
|
43.94
|
43.94
|
43.94
|
Announcement Date
|
4/9/19
|
4/8/20
|
4/27/21
|
4/28/22
|
4/27/23
|
4/28/24
|
-
|
-
|
Fiscal Period: December |
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Net sales
1 |
6,913
|
10,276
|
13,145
|
15,326
|
19,886
|
22,588
|
27,431
|
34,270
|
EBITDA
1 |
726.2
|
1,006
|
1,379
|
1,600
|
2,218
|
2,456
|
3,885
|
4,141
|
EBIT
1 |
578.3
|
815.5
|
1,170
|
1,339
|
1,886
|
2,055
|
2,587
|
3,256
|
Operating Margin
|
8.37%
|
7.94%
|
8.9%
|
8.74%
|
9.48%
|
9.1%
|
9.43%
|
9.5%
|
Earnings before Tax (EBT)
1 |
581.3
|
814.3
|
1,164
|
1,338
|
1,877
|
2,038
|
2,564
|
3,228
|
Net income
1 |
416.4
|
543.8
|
768.3
|
887.9
|
1,266
|
1,412
|
1,752
|
2,181
|
Net margin
|
6.02%
|
5.29%
|
5.84%
|
5.79%
|
6.36%
|
6.25%
|
6.39%
|
6.36%
|
EPS
2 |
0.4490
|
0.5659
|
0.7994
|
0.8857
|
1.257
|
1.400
|
1.735
|
2.136
|
Free Cash Flow
1 |
278.5
|
511.4
|
-
|
-
|
-
|
3,900
|
3,895
|
2,844
|
FCF margin
|
4.03%
|
4.98%
|
-
|
-
|
-
|
17.26%
|
14.2%
|
8.3%
|
FCF Conversion (EBITDA)
|
38.35%
|
50.84%
|
-
|
-
|
-
|
158.76%
|
100.26%
|
68.68%
|
FCF Conversion (Net income)
|
66.88%
|
94.06%
|
-
|
-
|
-
|
276.18%
|
222.26%
|
130.42%
|
Dividend per Share
2 |
0.1177
|
0.1177
|
0.1648
|
0.2143
|
0.2857
|
0.5000
|
0.5862
|
0.5875
|
Announcement Date
|
4/9/19
|
4/8/20
|
4/27/21
|
4/28/22
|
4/27/23
|
4/28/24
|
-
|
-
|
Fiscal Period: December |
2021 Q4
|
2022 Q1
|
2022 Q2
|
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 |
4,388
|
4,148
|
4,602
|
4,598
|
6,539
|
5,266
|
5,441
|
-
|
5,181
|
6,700
|
5,971
|
6,684
|
6,605
|
7,961
|
8,017
|
8,535
|
EBITDA
1 |
299.4
|
481.4
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
1,140
|
1,127
|
1,180
|
1,241
|
1,306
|
EBIT
1 |
307.2
|
407.3
|
443.1
|
366.9
|
668.2
|
501.7
|
531.1
|
-
|
436.1
|
586
|
593.5
|
671.6
|
595.4
|
648.1
|
748.9
|
817.8
|
Operating Margin
|
7%
|
9.82%
|
9.63%
|
7.98%
|
10.22%
|
9.53%
|
9.76%
|
-
|
8.42%
|
8.75%
|
9.94%
|
10.05%
|
9.01%
|
8.14%
|
9.34%
|
9.58%
|
Earnings before Tax (EBT)
1 |
306.2
|
407.3
|
446
|
366.5
|
657.8
|
500.8
|
530.9
|
1,032
|
436.1
|
569.8
|
593.2
|
645.9
|
633
|
711.5
|
763.5
|
829.9
|
Net income
1 |
191.9
|
272.2
|
304.2
|
247.2
|
442
|
336.5
|
368.7
|
705.2
|
294
|
412.8
|
406.8
|
447.6
|
438.6
|
497.4
|
529.1
|
575.1
|
Net margin
|
4.37%
|
6.56%
|
6.61%
|
5.38%
|
6.76%
|
6.39%
|
6.78%
|
-
|
5.67%
|
6.16%
|
6.81%
|
6.7%
|
6.64%
|
6.25%
|
6.6%
|
6.74%
|
EPS
2 |
0.1929
|
0.2714
|
0.3000
|
0.2429
|
0.4429
|
0.3357
|
0.3643
|
-
|
0.2900
|
0.4100
|
0.4000
|
0.4365
|
0.3970
|
0.4961
|
0.5018
|
0.5691
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
0.5000
|
-
|
-
|
-
|
0.6340
|
Announcement Date
|
4/28/22
|
4/28/22
|
8/29/22
|
10/28/22
|
4/27/23
|
4/27/23
|
8/29/23
|
8/29/23
|
10/30/23
|
4/28/24
|
4/28/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
-
|
613
|
945
|
1,619
|
2,606
|
1,974
|
3,412
|
7,268
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
278
|
511
|
-
|
-
|
-
|
3,900
|
3,895
|
2,844
|
ROE (net income / shareholders' equity)
|
12.4%
|
12.7%
|
15.5%
|
13%
|
15.8%
|
15.4%
|
16.5%
|
17.5%
|
ROA (Net income/ Total Assets)
|
6.58%
|
6.38%
|
6.95%
|
5.48%
|
-
|
6.77%
|
7.5%
|
7.25%
|
Assets
1 |
6,326
|
8,521
|
11,062
|
16,190
|
-
|
21,203
|
23,366
|
30,078
|
Book Value Per Share
2 |
4.230
|
4.670
|
5.430
|
7.430
|
8.470
|
9.700
|
11.10
|
12.90
|
Cash Flow per Share
2 |
0.5300
|
1.000
|
1.380
|
2.140
|
3.880
|
4.580
|
4.130
|
3.510
|
Capex
1 |
232
|
452
|
579
|
821
|
578
|
724
|
1,053
|
899
|
Capex / Sales
|
3.36%
|
4.4%
|
4.4%
|
5.36%
|
2.91%
|
3.21%
|
3.84%
|
2.62%
|
Announcement Date
|
4/9/19
|
4/8/20
|
4/27/21
|
4/28/22
|
4/27/23
|
4/28/24
|
-
|
-
|
Last Close Price
43.94
CNY Average target price
52.06
CNY Spread / Average Target +18.48% Consensus |
1st Jan change
|
Capi.
|
---|
| +9.74% | 6.14B | | -31.79% | 15.36B | | -21.99% | 12.45B | | -22.64% | 6.75B | | -10.91% | 6.07B | | +0.58% | 4.78B | | +59.24% | 4.53B | | -9.00% | 3.81B | | -12.53% | 3.43B | | -7.34% | 3.09B |
Other Drug Retailers
|