| Income Statement Evolution | |
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| Annual Income Statement Data |
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Actuals in M CNY |
Estimates in M CNY |
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Fiscal Period December |
2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| Sales | 532 | 761 | 1 108 | 1 564 | 1 942 | 2 442 | | Operating income (EBITDA) | 121 | 219 | 439 | 634 | 803 | 1 036 | | Operating profit (EBIT) | 69,7 | 172 | 408 | 541 | 694 | 993 | | Pre-Tax Profit (EBT) | 69,7 | 180 | 114 | 511 | 620 | 748 | | Net income | 34,9 | 135 | 39,2 | 411 | 495 | 684 | | EPS ( CNY) | 0,06 | 0,26 | 0,08 | 0,75 | 0,92 | 1,14 | | Dividend per Share ( CNY) | 0,07 | 0,18 | 0,26 | 0,38 | 0,52 | 0,64 | | Yield | 0,46% | 1,20% | 1,69% | 2,52% | 3,39% | 4,18% | | Announcement Date | 03/25/2011
09:32am | 03/26/2012
11:02am | 03/27/2013
11:08am | - | - | - |
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Actuals in M CNY |
Estimates in M CNY |
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Fiscal Period December |
2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| Debt | - | - | - | - | - | - | | Finance | - | 1 297 | 959 | 1 377 | 1 649 | - | | Operating income (EBITDA) | 121 | 219 | 439 | 634 | 803 | 1 036 | Leverage
(Debt/EBITDA) | - | - | - | - | - | - | | Capital Expenditure | - | 101 | 137 | 121 | 121 | 137 | | Book Value Per Share (BVPS) | - | 2,91 CNY | 2,76 CNY | 3,35 CNY | 3,79 CNY | 3,62 CNY | | Cash Flow per Share | 0,20 CNY | 0,53 CNY | 0,75 CNY | 0,73 CNY | 1,40 CNY | 2,02 CNY | | Announcement Date | 03/25/2011
09:32am | 03/26/2012
11:02am | 03/27/2013
11:08am | - | - | - |
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Assessed data source :
© 2013 Thomson Reuters |
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Valuation |
2013e |
2014e |
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PER (Price / EPS)
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20,4x |
16,6x |
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Capitalization / Revenue
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4,94x |
3,98x |
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EV / Revenue
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4,06x |
3,13x |
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EV / EBITDA
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10,0x |
7,57x |
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Yield (DPS / Price)
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2,52% |
3,39% |
| Profitability |
2013e |
2014e |
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Operating Margin (EBIT / Sales)
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34,6% |
35,7% |
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operating laverage (Delta EBIT / Delta Sales)
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0,79x |
1,17x |
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Net Margin (Net Profit / Revenue)
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26,3% |
25,5% |
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ROA (Net Profit / Asset)
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16,8% |
22,7% |
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ROE (Net Profit / Equities)
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24,1% |
25,2% |
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Rate of Dividend
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51,3% |
56,3% |
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