MACROLINK CULTURALTAINMENT DEVELOPMENT CO., LTD. Financials Macrolink Culturaltainment Development Co., Ltd.
Equities
000620
CNE000000958
Real Estate Development & Operations
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 1.84 CNY | +2.79% |
|
+6.98% | -2.65% |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 7,416 | 7,682 | 4,647 | 3,755 | 6,980 | 3,585 |
| Enterprise Value (EV) 1 | 26,214 | 27,621 | 24,532 | 21,030 | 24,119 | 4,492 |
| P/E ratio | 6.21 x | 9.42 x | -3.6 x | -0.97 x | -2.04 x | 9.95 x |
| Yield | 5.12% | - | - | - | - | - |
| Capitalization / Revenue | 0.53 x | 0.64 x | 0.66 x | 0.44 x | 1.33 x | 0.93 x |
| EV / Revenue | 1.87 x | 2.3 x | 3.46 x | 2.45 x | 4.59 x | 1.16 x |
| EV / EBITDA | 11.1 x | 12.1 x | 38.7 x | -36.2 x | 46.2 x | -28.4 x |
| EV / FCF | 36.8 x | -33,991 x | 17 x | 6.55 x | 23.8 x | -1.29 x |
| FCF Yield | 2.71% | -0% | 5.9% | 15.3% | 4.2% | -77.4% |
| Price to Book | 0.95 x | 0.97 x | 0.7 x | 1.42 x | -9.41 x | 2.06 x |
| Nbr of stocks (in thousands) | 1,896,690 | 1,896,690 | 1,896,690 | 1,896,690 | 1,896,690 | 1,896,690 |
| Reference price 2 | 3.910 | 4.050 | 2.450 | 1.980 | 3.680 | 1.890 |
| Announcement Date | 4/25/19 | 6/17/20 | 4/29/21 | 4/28/22 | 4/28/23 | 3/29/24 |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 14,001 | 11,988 | 7,084 | 8,599 | 5,253 | 3,875 |
| EBITDA 1 | 2,351 | 2,276 | 633.6 | -580.1 | 522.3 | -158.3 |
| EBIT 1 | 2,029 | 1,747 | -71.98 | -1,260 | -150.4 | -802.7 |
| Operating Margin | 14.49% | 14.57% | -1.02% | -14.65% | -2.86% | -20.71% |
| Earnings before Tax (EBT) 1 | 1,897 | 1,387 | -986.4 | -3,357 | -3,153 | 426.1 |
| Net income 1 | 1,186 | 809.9 | -1,286 | -3,893 | -3,416 | 351.9 |
| Net margin | 8.47% | 6.76% | -18.15% | -45.27% | -65.03% | 9.08% |
| EPS 2 | 0.6300 | 0.4300 | -0.6800 | -2.050 | -1.800 | 0.1900 |
| Free Cash Flow 1 | 711.5 | -0.8126 | 1,447 | 3,213 | 1,014 | -3,478 |
| FCF margin | 5.08% | -0.01% | 20.42% | 37.36% | 19.3% | -89.76% |
| FCF Conversion (EBITDA) | 30.26% | - | 228.33% | - | 194.14% | - |
| FCF Conversion (Net income) | 59.97% | - | - | - | - | - |
| Dividend per Share 2 | 0.2000 | - | - | - | - | - |
| Announcement Date | 4/25/19 | 6/17/20 | 4/29/21 | 4/28/22 | 4/28/23 | 3/29/24 |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 18,797 | 19,940 | 19,885 | 17,274 | 17,139 | 907 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 7.994 x | 8.761 x | 31.38 x | -29.78 x | 32.81 x | -5.731 x |
| Free Cash Flow 1 | 712 | -0.81 | 1,447 | 3,213 | 1,014 | -3,478 |
| ROE (net income / shareholders' equity) | 13.7% | 8.97% | -13.6% | -60.2% | -131% | 4.02% |
| ROA (Net income/ Total Assets) | 2.41% | 2.05% | -0.09% | -1.68% | -0.23% | -1.85% |
| Assets 1 | 49,139 | 39,555 | 1,479,293 | 231,119 | 1,498,338 | -18,971 |
| Book Value Per Share 2 | 4.100 | 4.180 | 3.490 | 1.400 | -0.3900 | 0.9200 |
| Cash Flow per Share 2 | 2.930 | 2.590 | 1.640 | 1.220 | 0.9000 | 0.1700 |
| Capex 1 | 2,858 | 1,825 | 387 | 71.9 | 287 | 110 |
| Capex / Sales | 20.41% | 15.22% | 5.46% | 0.84% | 5.46% | 2.84% |
| Announcement Date | 4/25/19 | 6/17/20 | 4/29/21 | 4/28/22 | 4/28/23 | 3/29/24 |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -2.65% | 1.49B | |
| +39.94% | 28.07B | |
| -13.68% | 26.92B | |
| +24.68% | 26.28B | |
| +3.04% | 26.06B | |
| +49.67% | 22.69B | |
| +3.16% | 19.59B | |
| +6.98% | 20.3B | |
| +30.95% | 16.31B | |
| -13.78% | 15.03B |
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- 000620 Stock
- Financials Macrolink Culturaltainment Development Co., Ltd.
