Financials Joeone Co.,Ltd

Equities

601566

CNE1000013C9

Apparel & Accessories

End-of-day quote Shanghai S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
10.05 CNY +1.82% Intraday chart for Joeone Co.,Ltd +5.13% +0.80%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 6,574 6,551 7,103 4,384 5,729 5,775 -
Enterprise Value (EV) 1 6,574 6,551 7,103 4,384 5,729 5,775 5,775
P/E ratio 17.9 x 17.8 x 36.4 x -47.7 x 30.2 x 17.4 x 13.3 x
Yield 5.68% 4.39% 4.05% 1.31% 3.01% 4.28% 4.83%
Capitalization / Revenue 2.3 x 2.45 x 2.33 x 1.67 x 1.88 x 1.66 x 1.52 x
EV / Revenue 2.3 x 2.45 x 2.33 x 1.67 x 1.88 x 1.66 x 1.52 x
EV / EBITDA - - 18.6 x 349 x 16.4 x 10.9 x 8.5 x
EV / FCF - - - - 10.1 x 17.1 x 13.7 x
FCF Yield - - - - 9.85% 5.85% 7.31%
Price to Book 1.54 x 1.56 x 1.75 x 1.17 x 1.46 x 1.41 x 1.33 x
Nbr of stocks (in thousands) 574,637 574,637 574,637 574,637 574,637 574,637 -
Reference price 2 11.44 11.40 12.36 7.630 9.970 10.05 10.05
Announcement Date 4/23/20 4/26/21 4/25/22 4/25/23 4/25/24 - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net sales 1 2,857 2,672 3,050 2,620 3,055 3,485 3,800
EBITDA 1 - - 381.6 12.57 349.7 528 679.5
EBIT 1 457.3 434.5 219.9 -114 238.1 451 553
Operating Margin 16.01% 16.26% 7.21% -4.35% 7.8% 12.94% 14.55%
Earnings before Tax (EBT) 1 460.6 430.3 200.7 -112.3 254 451 551.3
Net income 1 370.1 368.9 194.6 -93.42 191.2 330.3 435.7
Net margin 12.95% 13.8% 6.38% -3.57% 6.26% 9.48% 11.46%
EPS 2 0.6400 0.6400 0.3400 -0.1600 0.3300 0.5767 0.7567
Free Cash Flow 1 - - - - 564.5 338 422
FCF margin - - - - 18.48% 9.7% 11.1%
FCF Conversion (EBITDA) - - - - 161.42% 64.02% 62.1%
FCF Conversion (Net income) - - - - 295.17% 102.32% 96.86%
Dividend per Share 2 0.6500 0.5000 0.5000 0.1000 0.3000 0.4300 0.4850
Announcement Date 4/23/20 4/26/21 4/25/22 4/25/23 4/25/24 - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2023 S1
Net sales 1 1,401
EBITDA -
EBIT -
Operating Margin -
Earnings before Tax (EBT) -
Net income 1 92.42
Net margin 6.6%
EPS -
Dividend per Share -
Announcement Date 8/24/23
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow 1 - - - - 564 338 422
ROE (net income / shareholders' equity) 8.6% 8.78% 4.74% -2.4% 4.98% 8.3% 9.13%
ROA (Net income/ Total Assets) 6.22% 6.3% 3.22% -1.58% - 5.6% 8.65%
Assets 1 5,947 5,858 6,034 5,915 - 5,899 5,037
Book Value Per Share 2 7.420 7.310 7.080 6.540 6.820 7.150 7.560
Cash Flow per Share 2 0.4500 0.4500 0.3500 0.4700 1.010 1.050 1.060
Capex 1 106 83.8 92 55.4 18.2 43 120
Capex / Sales 3.73% 3.13% 3.01% 2.11% 0.59% 1.23% 3.16%
Announcement Date 4/23/20 4/26/21 4/25/22 4/25/23 4/25/24 - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
10.05 CNY
Average target price
11.67 CNY
Spread / Average Target
+16.09%
Consensus

Annual profits - Rate of surprise

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