Financials Dong-E-E-Jiao Co.,Ltd.

Equities

000423

CNE0000006Y9

Pharmaceuticals

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
68.72 CNY +1.64% Intraday chart for Dong-E-E-Jiao Co.,Ltd. -0.15% +39.33%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 22,914 24,928 31,394 26,210 31,761 44,254 - -
Enterprise Value (EV) 1 20,992 23,480 28,164 20,864 25,956 38,236 37,987 37,031
P/E ratio -52 x 553 x 71.7 x 33.6 x 27.6 x 32 x 27.4 x 22.9 x
Yield 0.57% 0.77% 1.33% 2.85% 3.61% 2.84% 2.83% 3.17%
Capitalization / Revenue 7.74 x 7.31 x 8.16 x 6.48 x 6.74 x 7.97 x 6.84 x 5.87 x
EV / Revenue 7.1 x 6.89 x 7.32 x 5.16 x 5.5 x 6.89 x 5.87 x 4.91 x
EV / EBITDA -56.9 x 75 x 38.8 x 19.6 x 17.3 x 23.2 x 19.5 x 16.1 x
EV / FCF -14,416,497 x 33,557,131 x - - - - - -
FCF Yield -0% 0% - - - - - -
Price to Book 2.32 x 2.6 x 3.15 x 2.58 x 2.96 x 4.05 x 3.91 x 3.73 x
Nbr of stocks (in thousands) 647,847 643,977 643,977 643,977 643,977 643,977 - -
Reference price 2 35.37 38.71 48.75 40.70 49.32 68.72 68.72 68.72
Announcement Date 3/26/20 3/19/21 3/25/22 3/24/23 3/21/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,959 3,409 3,849 4,042 4,715 5,550 6,469 7,543
EBITDA 1 -368.7 313 725.6 1,065 1,504 1,648 1,948 2,305
EBIT 1 -513.1 152.1 568.8 914.9 1,360 1,569 1,873 2,237
Operating Margin -17.34% 4.46% 14.78% 22.64% 28.85% 28.27% 28.95% 29.66%
Earnings before Tax (EBT) 1 -505.2 165.7 571.1 912 1,363 1,637 1,914 2,287
Net income 1 -443.9 43.29 440.4 780 1,151 1,388 1,623 1,940
Net margin -15% 1.27% 11.44% 19.3% 24.41% 25% 25.09% 25.72%
EPS 2 -0.6800 0.0700 0.6800 1.210 1.790 2.149 2.512 3.007
Free Cash Flow -1,456 699.7 - - - - - -
FCF margin -49.22% 20.52% - - - - - -
FCF Conversion (EBITDA) - 223.56% - - - - - -
FCF Conversion (Net income) - 1,616.35% - - - - - -
Dividend per Share 2 0.2000 0.3000 0.6500 1.160 1.780 1.951 1.947 2.175
Announcement Date 3/26/20 3/19/21 3/25/22 3/24/23 3/21/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 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 1,023 890.4 935.4 1,221 995.3 1,069 - 1,261 1,287 1,453 1,346 1,581 1,474 1,588 1,537
EBITDA 1 230.9 159.3 197.6 299.6 - - - - - - 395.2 461 486 516.8 477.4
EBIT 1 201.6 157.1 198.6 268.5 290.8 279 - 312.1 400.3 409.9 378.4 444.3 469.3 493.4 453.9
Operating Margin 19.71% 17.65% 21.23% 21.99% 29.22% 26.1% - 24.75% 31.1% 28.2% 28.11% 28.11% 31.85% 31.07% 29.52%
Earnings before Tax (EBT) 1 200.8 158.2 198.9 265.7 289.1 278.8 - 307.1 407.7 412.2 407.4 478.2 473.5 525.2 483.2
Net income 1 139.2 114.7 193.6 204.6 267.1 230.3 - 252.6 367.2 353.4 344 403.8 394.4 443.4 408
Net margin 13.6% 12.88% 20.69% 16.77% 26.84% 21.55% - 20.03% 28.53% 24.32% 25.55% 25.55% 26.77% 27.93% 26.54%
EPS 2 0.2100 0.1781 0.3000 0.3200 0.4100 0.3577 0.4600 0.4000 0.5700 0.5488 0.5259 0.6174 0.6031 0.6780 0.6238
Dividend per Share 2 - - - - - - - - - - 2.090 - - - 1.377
Announcement Date 3/25/22 4/28/22 8/19/22 10/30/22 3/24/23 4/25/23 8/25/23 10/30/23 3/21/24 4/25/24 - - - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 1,922 1,448 3,230 5,346 5,805 6,019 6,268 7,223
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow -1,456 700 - - - - - -
ROE (net income / shareholders' equity) -4.13% 0.44% 4.47% 7.68% 11.1% 12.7% 14.3% 16.4%
ROA (Net income/ Total Assets) -3.48% 0.38% 3.9% - - 10.1% 11.4% 12.4%
Assets 1 12,764 11,332 11,293 - - 13,808 14,242 15,688
Book Value Per Share 2 15.30 14.90 15.50 15.80 16.60 17.00 17.60 18.40
Cash Flow per Share 2 -1.710 1.220 4.350 3.280 3.030 1.820 2.930 2.760
Capex 1 330 101 24.7 45.5 46.6 140 165 247
Capex / Sales 11.16% 2.97% 0.64% 1.13% 0.99% 2.53% 2.55% 3.28%
Announcement Date 3/26/20 3/19/21 3/25/22 3/24/23 3/21/24 - - -
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-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
13
Last Close Price
68.72 CNY
Average target price
72.43 CNY
Spread / Average Target
+5.39%
Consensus
  1. Stock Market
  2. Equities
  3. 000423 Stock
  4. Financials Dong-E-E-Jiao Co.,Ltd.