End-of-day quote
Shanghai S.E.
06:00:00 2024-05-07 pm EDT
|
5-day change
|
1st Jan Change
|
96.02
CNY
|
-2.52%
|
|
+4.05%
|
-8.21%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
13,668
|
45,647
|
41,743
|
47,478
|
30,682
|
28,786
|
-
|
-
|
Enterprise Value (EV)
1 |
13,668
|
45,647
|
41,013
|
42,470
|
26,036
|
22,847
|
22,653
|
22,407
|
P/E ratio
|
36.7
x
|
75.9
x
|
61
x
|
41.8
x
|
20.8
x
|
17.1
x
|
13.9
x
|
13.1
x
|
Yield
|
0.8%
|
0.38%
|
0.41%
|
0.7%
|
1.7%
|
2.72%
|
2.64%
|
3.62%
|
Capitalization / Revenue
|
2.6
x
|
6.55
x
|
4.5
x
|
3.9
x
|
2.18
x
|
1.79
x
|
1.47
x
|
1.41
x
|
EV / Revenue
|
2.6
x
|
6.55
x
|
4.42
x
|
3.49
x
|
1.85
x
|
1.42
x
|
1.16
x
|
1.09
x
|
EV / EBITDA
|
22.4
x
|
47.8
x
|
37
x
|
25.1
x
|
11.4
x
|
8.87
x
|
7.24
x
|
6.61
x
|
EV / FCF
|
-
|
-
|
-
|
126
x
|
50.5
x
|
45.6
x
|
18
x
|
15.3
x
|
FCF Yield
|
-
|
-
|
-
|
0.79%
|
1.98%
|
2.19%
|
5.57%
|
6.53%
|
Price to Book
|
4.98
x
|
13
x
|
8.23
x
|
4.07
x
|
2.43
x
|
2.06
x
|
1.84
x
|
1.68
x
|
Nbr of stocks (in thousands)
|
230,067
|
236,675
|
244,424
|
293,294
|
293,294
|
292,246
|
-
|
-
|
Reference price
2 |
59.41
|
192.9
|
170.8
|
161.9
|
104.6
|
98.50
|
98.50
|
98.50
|
Announcement Date
|
2/21/20
|
4/12/21
|
4/25/22
|
4/24/23
|
4/26/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
5,267
|
6,965
|
9,272
|
12,183
|
14,045
|
16,125
|
19,518
|
20,482
|
EBITDA
1 |
610.9
|
955.4
|
1,108
|
1,694
|
2,290
|
2,576
|
3,130
|
3,388
|
EBIT
1 |
468.1
|
774.8
|
860.4
|
1,340
|
1,866
|
2,118
|
2,605
|
2,793
|
Operating Margin
|
8.89%
|
11.12%
|
9.28%
|
11%
|
13.29%
|
13.13%
|
13.35%
|
13.64%
|
Earnings before Tax (EBT)
1 |
484.1
|
781.4
|
879.4
|
1,427
|
1,936
|
2,226
|
2,706
|
2,915
|
Net income
1 |
373.3
|
603.8
|
682.3
|
1,101
|
1,478
|
1,705
|
2,080
|
2,233
|
Net margin
|
7.09%
|
8.67%
|
7.36%
|
9.04%
|
10.52%
|
10.57%
|
10.66%
|
10.9%
|
EPS
2 |
1.620
|
2.540
|
2.800
|
3.870
|
5.040
|
5.763
|
7.090
|
7.500
|
Free Cash Flow
1 |
-
|
-
|
-
|
337.2
|
515.2
|
501
|
1,262
|
1,464
|
FCF margin
|
-
|
-
|
-
|
2.77%
|
3.67%
|
3.11%
|
6.46%
|
7.15%
|
FCF Conversion (EBITDA)
|
-
|
-
|
-
|
19.91%
|
22.5%
|
19.45%
|
40.31%
|
43.21%
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
30.63%
|
34.86%
|
29.39%
|
60.65%
|
65.57%
|
Dividend per Share
2 |
0.4740
|
0.7420
|
0.6990
|
1.127
|
1.775
|
2.684
|
2.603
|
3.570
|
Announcement Date
|
2/21/20
|
4/12/21
|
4/25/22
|
4/24/23
|
4/26/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q4
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
---|
Net sales
1 |
3,176
|
2,936
|
2,881
|
4,027
|
3,191
|
3,704
|
3,377
|
3,774
|
3,755
|
3,885
|
3,787
|
4,958
|
3,730
|
4,150
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
249
|
283.7
|
294.7
|
527.6
|
463
|
459.6
|
466.9
|
476.4
|
567.9
|
518.6
|
453.5
|
546.4
|
592.5
|
652.4
|
Operating Margin
|
7.84%
|
9.66%
|
10.23%
|
13.1%
|
14.51%
|
12.41%
|
13.83%
|
12.62%
|
15.12%
|
13.35%
|
11.97%
|
11.02%
|
15.88%
|
15.72%
|
Earnings before Tax (EBT)
1 |
-
|
-
|
-
|
-
|
-
|
479.2
|
501.6
|
485.6
|
576.8
|
608.5
|
458.1
|
617.6
|
-
|
-
|
Net income
1 |
-
|
-
|
-
|
-
|
-
|
373.6
|
386.5
|
356.4
|
-
|
457.7
|
371.5
|
465.8
|
-
|
-
|
Net margin
|
-
|
-
|
-
|
-
|
-
|
10.09%
|
11.45%
|
9.44%
|
-
|
11.78%
|
9.81%
|
9.4%
|
-
|
-
|
EPS
2 |
0.7700
|
0.8500
|
0.8000
|
1.430
|
1.230
|
1.280
|
1.310
|
1.220
|
1.500
|
1.455
|
1.318
|
1.549
|
-
|
-
|
Dividend per Share
2 |
0.7000
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
0.7321
|
0.7321
|
0.7321
|
0.8358
|
0.8358
|
Announcement Date
|
4/25/22
|
8/22/22
|
10/17/22
|
4/24/23
|
4/24/23
|
7/31/23
|
10/26/23
|
4/26/24
|
4/27/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
-
|
-
|
729
|
5,008
|
4,646
|
5,940
|
6,134
|
6,380
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
-
|
-
|
-
|
337
|
515
|
501
|
1,262
|
1,464
|
ROE (net income / shareholders' equity)
|
15.4%
|
19.5%
|
14.7%
|
10.7%
|
12.1%
|
12.6%
|
13.6%
|
13.3%
|
ROA (Net income/ Total Assets)
|
7.29%
|
9.45%
|
8.6%
|
-
|
-
|
9.25%
|
9.81%
|
10.2%
|
Assets
1 |
5,124
|
6,391
|
7,934
|
-
|
-
|
18,431
|
21,213
|
21,961
|
Book Value Per Share
2 |
11.90
|
14.90
|
20.80
|
39.80
|
43.10
|
47.90
|
53.50
|
58.80
|
Cash Flow per Share
2 |
2.510
|
2.810
|
2.200
|
4.800
|
6.670
|
7.080
|
8.830
|
8.430
|
Capex
1 |
606
|
692
|
908
|
1,070
|
1,440
|
1,125
|
1,026
|
926
|
Capex / Sales
|
11.5%
|
9.94%
|
9.8%
|
8.78%
|
10.26%
|
6.98%
|
5.26%
|
4.52%
|
Announcement Date
|
2/21/20
|
4/12/21
|
4/25/22
|
4/24/23
|
4/26/24
|
-
|
-
|
-
|
Last Close Price
98.5
CNY Average target price
114.5
CNY Spread / Average Target +16.26% Consensus |
1st Jan change
|
Capi.
|
---|
| -5.84% | 3.99B | | +3.50% | 7.41B | | +5.49% | 2.91B | | -3.88% | 1.57B | | +15.43% | 931M | | -27.19% | 529M | | +4.97% | 474M | | +26.69% | 452M | | +13.71% | 424M | | +93.24% | 413M |
Frozen Food Manufacturing
|