Financials Hongbo Co.,Ltd.

Equities

002229

CNE100000B65

Commercial Printing Services

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
18.75 CNY +1.79% Intraday chart for Hongbo Co.,Ltd. +8.32% -32.55%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 4,726 3,645 3,319 3,153 3,171 3,280
Enterprise Value (EV) 1 4,022 2,975 2,584 2,349 2,470 2,639
P/E ratio 439 x 706 x 94.2 x 124 x 348 x -43.7 x
Yield 0.64% 0.41% - - - -
Capitalization / Revenue 6.8 x 5.17 x 5.3 x 6.65 x 5.52 x 6.01 x
EV / Revenue 5.79 x 4.22 x 4.12 x 4.96 x 4.3 x 4.84 x
EV / EBITDA 55 x 53.4 x 42.6 x 82.1 x 48.2 x -1,140 x
EV / FCF -235 x 43.8 x 358 x 18.2 x -102 x 2,719 x
FCF Yield -0.43% 2.28% 0.28% 5.5% -0.98% 0.04%
Price to Book 2.89 x 2.26 x 1.96 x 1.88 x 1.88 x 2.03 x
Nbr of stocks (in thousands) 502,752 501,336 498,344 493,361 493,189 493,189
Reference price 2 9.400 7.270 6.660 6.390 6.430 6.650
Announcement Date 3/23/18 3/29/19 4/27/20 4/16/21 4/7/22 4/3/23
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 695 705.6 626.6 473.8 574.4 545.6
EBITDA 1 73.18 55.77 60.64 28.61 51.2 -2.314
EBIT 1 13.45 -4.475 8.826 -21.46 8.041 -43.32
Operating Margin 1.93% -0.63% 1.41% -4.53% 1.4% -7.94%
Earnings before Tax (EBT) 1 27.75 18.17 61.05 50.8 22.52 -45.27
Net income 1 10.76 5.143 35.31 25.46 9.139 -75.07
Net margin 1.55% 0.73% 5.64% 5.37% 1.59% -13.76%
EPS 2 0.0214 0.0103 0.0707 0.0515 0.0185 -0.1522
Free Cash Flow 1 -17.14 67.89 7.228 129.1 -24.25 0.9706
FCF margin -2.47% 9.62% 1.15% 27.26% -4.22% 0.18%
FCF Conversion (EBITDA) - 121.73% 11.92% 451.43% - -
FCF Conversion (Net income) - 1,319.96% 20.47% 507.3% - -
Dividend per Share 2 0.0600 0.0300 - - - -
Announcement Date 3/23/18 3/29/19 4/27/20 4/16/21 4/7/22 4/3/23
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q1
Net sales -
EBITDA -
EBIT -
Operating Margin -
Earnings before Tax (EBT) -
Net income 1 -12.79
Net margin -
EPS 2 -0.0259
Dividend per Share -
Announcement Date 4/29/22
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - - - -
Net Cash position 1 704 669 734 804 701 641
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -17.1 67.9 7.23 129 -24.2 0.97
ROE (net income / shareholders' equity) 0.72% 0.81% 2.81% 2.19% 1.18% -3.24%
ROA (Net income/ Total Assets) 0.37% -0.13% 0.26% -0.63% 0.22% -1.11%
Assets 1 2,909 -3,841 13,675 -4,044 4,143 6,758
Book Value Per Share 2 3.260 3.220 3.390 3.410 3.420 3.270
Cash Flow per Share 2 1.480 1.650 1.660 1.880 2.110 2.220
Capex 1 57.8 49.9 26.6 7.37 7.98 51.9
Capex / Sales 8.32% 7.06% 4.24% 1.56% 1.39% 9.51%
Announcement Date 3/23/18 3/29/19 4/27/20 4/16/21 4/7/22 4/3/23
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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