| 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 | 305 461 | 433 095 | 478 433 | 530 648 | 580 834 | 613 241 | | Operating income (EBITDA) | 33 144 | 48 309 | 46 068 | 33 113 | 35 177 | 33 829 | | Operating profit (EBIT) | 26 958 | 41 748 | 39 340 | 30 288 | 33 752 | 33 256 | | Pre-Tax Profit (EBT) | 26 684 | 42 028 | 40 156 | 39 652 | 43 844 | 48 135 | | Net income | 13 729 | 20 222 | 20 752 | 25 188 | 27 694 | 31 322 | | EPS ( CNY) | 1,61 | 1,83 | 1,88 | 2,09 | 2,30 | 2,46 | | Dividend per Share ( CNY) | 0,20 | 0,30 | 0,60 | 0,53 | 0,54 | 0,55 | | Yield | 1,31% | 1,97% | 3,93% | 3,45% | 3,53% | 3,62% | | Announcement Date | 03/31/2011 07:58am | 03/29/2012 10:30pm | 03/29/2013 07:07am | - | - | - |
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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 | 18 163 | 17 018 | 38 875 | 34 563 | 29 229 | 23 536 | | Operating income (EBITDA) | 33 144 | 48 309 | 46 068 | 33 113 | 35 177 | 33 829 | Leverage (Debt/EBITDA) | - | - | - | - | - | - | | Capital Expenditure | 7 183 | 169 637 | 16 009 | 7 882 | 7 784 | 9 651 | | Book Value Per Share (BVPS) | 7,16 CNY | 9,28 CNY | 11,1 CNY | 12,8 CNY | 14,8 CNY | 16,7 CNY | | Cash Flow per Share | 2,93 CNY | 1,83 CNY | 1,78 CNY | 2,74 CNY | 1,89 CNY | 2,87 CNY | | Announcement Date | 03/31/2011 07:58am | 03/29/2012 10:30pm | 03/29/2013 07:07am | - | - | - |
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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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7,31x |
6,64x |
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Capitalization / Revenue
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0,32x |
0,29x |
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EV / Revenue
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0,25x |
0,24x |
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EV / EBITDA
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4,04x |
3,95x |
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Yield (DPS / Price)
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3,45% |
3,53% |
| Profitability |
2013e |
2014e |
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Operating Margin (EBIT / Sales)
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5,71% |
5,81% |
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operating laverage (Delta EBIT / Delta Sales)
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- |
1,21x |
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Net Margin (Net Profit / Revenue)
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4,75% |
4,77% |
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ROA (Net Profit / Asset)
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6,95% |
6,79% |
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ROE (Net Profit / Equities)
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16,6% |
15,9% |
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Rate of Dividend
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25,2% |
23,4% |
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