A-LIVING SMART CITY SERVICES CO., LTD. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 3.19 HKD | -4.49% |
|
+1.92% | -10.89% |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 32,053 | 38,604 | 15,389 | 11,801 | 4,621 | 4,394 | - | - |
| Enterprise Value (EV) 1 | 27,452 | 33,227 | 7,727 | 8,049 | 4,621 | 538.6 | -463.9 | 580 |
| P/E ratio | 26.1 x | 21.9 x | 6.49 x | 6.39 x | 10.2 x | 3.85 x | 3.31 x | 3.49 x |
| Yield | 1.87% | 1.8% | 3.78% | - | - | 4.62% | 4.77% | 5.06% |
| Capitalization / Revenue | 6.25 x | 3.85 x | 1.09 x | 0.77 x | 0.3 x | 0.27 x | 0.26 x | 0.25 x |
| EV / Revenue | 5.35 x | 3.31 x | 0.55 x | 0.52 x | 0.3 x | 0.03 x | -0.03 x | 0.03 x |
| EV / EBITDA | 15.6 x | 12.3 x | 2.32 x | 2.67 x | 2.12 x | 0.27 x | -0.2 x | 0.26 x |
| EV / FCF | 17.6 x | 13.1 x | 3.06 x | - | - | -0.48 x | 1.43 x | -0.39 x |
| FCF Yield | 5.7% | 7.65% | 32.6% | - | - | -210% | 70.1% | -257% |
| Price to Book | 5.18 x | 5.25 x | 1.38 x | 0.95 x | - | 0.32 x | 0.29 x | 0.29 x |
| Nbr of stocks (in thousands) | 1,333,334 | 1,333,334 | 1,420,001 | 1,420,001 | 1,420,001 | 1,420,001 | - | - |
| Reference price 2 | 24.04 | 28.95 | 10.84 | 8.311 | 3.254 | 3.094 | 3.094 | 3.094 |
| Announcement Date | 3/17/20 | 3/22/21 | 3/31/22 | 3/28/23 | 3/25/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 5,127 | 10,026 | 14,080 | 15,379 | 15,443 | 16,065 | 17,173 | 17,619 |
| EBITDA 1 | 1,756 | 2,705 | 3,338 | 3,018 | 2,176 | 2,025 | 2,268 | 2,270 |
| EBIT 1 | 1,688 | 2,523 | 3,229 | 2,880 | 1,986 | 1,728 | 1,964 | 1,865 |
| Operating Margin | 32.92% | 25.17% | 22.93% | 18.73% | 12.86% | 10.75% | 11.44% | 10.58% |
| Earnings before Tax (EBT) 1 | 1,694 | 2,488 | 3,076 | 2,452 | 1,049 | 1,776 | 2,022 | 1,948 |
| Net income 1 | 1,231 | 1,754 | 2,308 | 1,840 | 460.9 | 1,165 | 1,345 | 1,273 |
| Net margin | 24% | 17.5% | 16.4% | 11.96% | 2.98% | 7.25% | 7.83% | 7.22% |
| EPS 2 | 0.9200 | 1.320 | 1.670 | 1.300 | 0.3200 | 0.8029 | 0.9352 | 0.8874 |
| Free Cash Flow 1 | 1,564 | 2,543 | 2,521 | - | - | -1,132 | -325 | -1,491 |
| FCF margin | 30.5% | 25.37% | 17.91% | - | - | -7.05% | -1.89% | -8.46% |
| FCF Conversion (EBITDA) | 89.05% | 94.04% | 75.54% | - | - | - | - | - |
| FCF Conversion (Net income) | 127.04% | 144.97% | 109.22% | - | - | - | - | - |
| Dividend per Share 2 | 0.4500 | 0.5200 | 0.4100 | - | - | 0.1430 | 0.1476 | 0.1565 |
| Announcement Date | 3/17/20 | 3/22/21 | 3/31/22 | 3/28/23 | 3/25/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2019 S2 | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 2022 S1 | 2022 S2 | 2023 S1 | 2023 S2 | 2024 S1 | 2024 S2 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,886 | 4,002 | 6,025 | 6,247 | 7,833 | 7,620 | 7,759 | 7,699 | 7,745 | 6,268 | 9,403 |
| EBITDA | 979.4 | 842.7 | - | 1,532 | 1,806 | - | - | - | - | - | - |
| EBIT 1 | 941.6 | 773.5 | - | 1,428 | 1,802 | 1,624 | 1,168 | 1,205 | 781 | 681.8 | 1,023 |
| Operating Margin | 32.63% | 19.33% | - | 22.85% | 23% | 21.32% | 15.06% | 15.66% | 10.08% | 10.88% | 10.88% |
| Earnings before Tax (EBT) | 944 | 1,141 | - | 1,543 | - | - | - | - | - | - | - |
| Net income | 689.4 | 758 | - | 1,142 | 1,166 | - | - | - | - | - | - |
| Net margin | 23.89% | 18.94% | - | 18.29% | 14.89% | - | - | - | - | - | - |
| EPS | - | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 3/17/20 | 8/19/20 | 3/22/21 | 8/16/21 | 3/31/22 | 8/17/22 | 3/28/23 | 8/28/23 | 3/25/24 | - | - |
1CNY in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | 4,601 | 5,377 | 7,662 | 3,752 | - | 3,855 | 4,858 | 3,814 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | 1,564 | 2,543 | 2,521 | - | - | -1,132 | -325 | -1,491 |
| ROE (net income / shareholders' equity) | 21.2% | 25.9% | 24.9% | 15.6% | - | 8.54% | 8.88% | 8.18% |
| ROA (Net income/ Total Assets) | 14.8% | 15% | 13.5% | 8.58% | - | 4.9% | 4.71% | 4.25% |
| Assets 1 | 8,344 | 11,681 | 17,078 | 21,442 | - | 23,774 | 28,535 | 29,931 |
| Book Value Per Share 2 | 4.640 | 5.520 | 7.880 | 8.780 | - | 9.630 | 10.60 | 10.80 |
| Cash Flow per Share 2 | 1.200 | 1.970 | 1.940 | - | - | 0.8600 | 0.9300 | 0.8400 |
| Capex 1 | 14.7 | 54.2 | 83.4 | - | - | 267 | 387 | 20 |
| Capex / Sales | 0.29% | 0.54% | 0.59% | - | - | 1.66% | 2.26% | 0.11% |
| Announcement Date | 3/17/20 | 3/22/21 | 3/31/22 | 3/28/23 | 3/25/24 | - | - | - |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B
Sell
Buy
Mean consensus
HOLD
Number of Analysts
11
Last Close Price
3.094
CNY
Average target price
2.901
CNY
Spread / Average Target
-6.24%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -10.89% | 607M | |
| -6.96% | 26.13B | |
| +7.77% | 21.27B | |
| -16.14% | 9.77B | |
| -29.35% | 9.57B | |
| -1.76% | 8.81B | |
| -4.57% | 6.73B | |
| -11.95% | 5.42B | |
| +47.24% | 4.81B | |
| -7.22% | 2.3B |
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