| Income Statement Evolution | |
|
|
| Annual Income Statement Data |
|
|
Actuals in M CNY |
Estimates in M CNY |
|
Fiscal Period December |
2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| Sales | 2 563 | 2 647 | 3 192 | 3 751 | 4 241 | 4 801 | | Operating income (EBITDA) | 385 | 345 | 344 | 496 | 629 | - | | Operating profit (EBIT) | 311 | - | 268 | 414 | 491 | 567 | | Pre-Tax Profit (EBT) | 303 | 277 | 269 | 379 | 437 | 567 | | Net income | 261 | 228 | 225 | 319 | 368 | 478 | | EPS ( CNY) | 0,88 | 0,73 | 0,72 | 1,02 | 1,18 | 1,54 | | Dividend per Share ( CNY) | - | - | 0,30 | 0,33 | 0,47 | - | | Yield | - | - | 1,47% | 1,62% | 2,31% | - | | Announcement Date | 03/30/2011
01:26am | 01/16/2012
10:30pm | 02/06/2013
12:49pm | - | - | - |
|
|
|
|
Actuals in M CNY |
Estimates in M CNY |
|
Fiscal Period December |
2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| Debt | - | - | - | - | - | - | | Finance | - | - | 223 | 510 | 688 | - | | Operating income (EBITDA) | 385 | 345 | 344 | 496 | 629 | - | Leverage
(Debt/EBITDA) | - | - | - | - | - | - | | Capital Expenditure | - | 248 | 224 | 83,2 | 90,2 | 48,0 | | Book Value Per Share (BVPS) | 5,57 CNY | 6,00 CNY | 6,43 CNY | 7,45 CNY | 8,49 CNY | 10,2 CNY | | Cash Flow per Share | 0,75 CNY | 0,54 CNY | 0,73 CNY | - | - | - | | Announcement Date | 03/30/2011
01:26am | 01/16/2012
10:30pm | 02/06/2013
12:49pm | - | - | - |
|
Assessed data source :
© 2013 Thomson Reuters |
|
|
|
|
|
|
Valuation |
2013e |
2014e |
|
PER (Price / EPS)
|
19,9x |
17,2x |
|
Capitalization / Revenue
|
1,69x |
1,49x |
|
EV / Revenue
|
1,55x |
1,33x |
|
EV / EBITDA
|
11,7x |
8,97x |
|
Yield (DPS / Price)
|
1,62% |
2,31% |
| Profitability |
2013e |
2014e |
|
Operating Margin (EBIT / Sales)
|
11,0% |
11,6% |
|
operating laverage (Delta EBIT / Delta Sales)
|
3,12x |
1,43x |
|
Net Margin (Net Profit / Revenue)
|
8,49% |
8,67% |
|
ROA (Net Profit / Asset)
|
- |
- |
|
ROE (Net Profit / Equities)
|
15,5% |
16,3% |
|
Rate of Dividend
|
32,3% |
39,7% |
|
|
|
