Financials People.cn CO., LTD

Equities

603000

CNE100001FP0

Advertising & Marketing

End-of-day quote Shanghai S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
24.5 CNY +0.45% Intraday chart for People.cn CO., LTD -0.89% -12.44%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 8,072 21,882 18,686 15,944 18,653 30,937
Enterprise Value (EV) 1 5,736 19,071 15,535 13,210 15,518 27,817
P/E ratio 38.4 x 66 x 58.3 x 96.1 x 60.3 x 93.3 x
Yield 1.78% 0.66% 0.95% 0.73% 0.97% 0.6%
Capitalization / Revenue 4.77 x 10.2 x 8.9 x 7.3 x 9.43 x 14.6 x
EV / Revenue 3.39 x 8.87 x 7.4 x 6.05 x 7.85 x 13.2 x
EV / EBITDA 28.5 x 45 x 35.9 x 37.5 x 71.6 x 103 x
EV / FCF 26.5 x 9.59 x 49.4 x 53.9 x 60.2 x 91.9 x
FCF Yield 3.78% 10.4% 2.02% 1.86% 1.66% 1.09%
Price to Book 2.7 x 6.85 x 5.55 x 4.75 x 5.21 x 8.3 x
Nbr of stocks (in thousands) 1,105,691 1,105,691 1,105,691 1,105,691 1,105,691 1,105,691
Reference price 2 7.300 19.79 16.90 14.42 16.87 27.98
Announcement Date 4/17/19 4/16/20 4/15/21 4/14/22 4/13/23 4/17/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,694 2,150 2,100 2,183 1,978 2,115
EBITDA 1 201.1 423.6 432.7 352.7 216.9 270.6
EBIT 1 160.8 375.7 384.3 316.2 188.8 248.1
Operating Margin 9.49% 17.47% 18.3% 14.48% 9.55% 11.73%
Earnings before Tax (EBT) 1 282.1 483.7 389.5 210.6 348.9 338.3
Net income 1 213.9 336.8 318.3 165.9 310.2 331.2
Net margin 12.63% 15.67% 15.15% 7.6% 15.68% 15.66%
EPS 2 0.1900 0.3000 0.2900 0.1500 0.2800 0.3000
Free Cash Flow 1 216.8 1,988 314.2 245.1 257.8 302.8
FCF margin 12.8% 92.45% 14.96% 11.23% 13.04% 14.31%
FCF Conversion (EBITDA) 107.83% 469.23% 72.61% 69.48% 118.89% 111.87%
FCF Conversion (Net income) 101.37% 590.16% 98.7% 147.76% 83.12% 91.4%
Dividend per Share 2 0.1300 0.1310 0.1610 0.1050 0.1630 0.1690
Announcement Date 4/17/19 4/16/20 4/15/21 4/14/22 4/13/23 4/17/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 2,335 2,811 3,151 2,734 3,135 3,120
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 217 1,988 314 245 258 303
ROE (net income / shareholders' equity) 8.46% 12.8% 9.86% 5.06% 8.72% 8.41%
ROA (Net income/ Total Assets) 2.58% 5.33% 4.96% 3.85% 2.19% 2.83%
Assets 1 8,282 6,320 6,414 4,310 14,157 11,718
Book Value Per Share 2 2.700 2.890 3.040 3.030 3.240 3.370
Cash Flow per Share 2 0.6900 0.7000 1.130 0.7700 1.990 1.790
Capex 1 42.8 55.3 45 35.3 36.2 37.9
Capex / Sales 2.53% 2.57% 2.14% 1.62% 1.83% 1.79%
Announcement Date 4/17/19 4/16/20 4/15/21 4/14/22 4/13/23 4/17/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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