RAINBOW DIGITAL COMMERCIAL CO., LTD. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 4.99 CNY | +0.60% |
|
+3.53% | -9.76% |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 12,663 | 9,170 | 7,449 | 8,042 | 6,464 | 5,833 | - | - |
| Enterprise Value (EV) 1 | 8,286 | 4,896 | 4,480 | 4,836 | 2,873 | 333.6 | -115.4 | 5,833 |
| P/E ratio | 14.7 x | 36.2 x | 32.2 x | 67 x | 28.5 x | 22.7 x | 17.4 x | 18.8 x |
| Yield | 3.98% | 2.75% | 2.55% | 0.73% | 2.89% | 3.21% | 3.11% | 3.21% |
| Capitalization / Revenue | 0.65 x | 0.78 x | 0.61 x | 0.66 x | 0.53 x | 0.46 x | 0.43 x | 0.44 x |
| EV / Revenue | 0.43 x | 0.41 x | 0.37 x | 0.4 x | 0.24 x | 0.03 x | -0.01 x | 0.44 x |
| EV / EBITDA | 5.29 x | 5.47 x | 5.43 x | 6.49 x | 3.13 x | 0.41 x | -0.12 x | - |
| EV / FCF | 10.9 x | 24.8 x | 2.25 x | 2.57 x | 1.26 x | 0.41 x | -0.16 x | - |
| FCF Yield | 9.18% | 4.03% | 44.5% | 38.9% | 79.1% | 244% | -627% | - |
| Price to Book | 1.82 x | 1.37 x | 1.78 x | 1.99 x | 1.54 x | 1.39 x | 1.36 x | 1.29 x |
| Nbr of stocks (in thousands) | 1,200,300 | 1,200,300 | 1,186,211 | 1,168,848 | 1,168,848 | 1,168,848 | - | - |
| Reference price 2 | 10.55 | 7.640 | 6.280 | 6.880 | 5.530 | 4.990 | 4.990 | 4.990 |
| Announcement Date | 2/28/20 | 3/11/21 | 3/10/22 | 3/17/23 | 3/14/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 19,393 | 11,800 | 12,268 | 12,125 | 12,086 | 12,595 | 13,503 | 13,266 |
| EBITDA 1 | 1,568 | 895 | 824.5 | 744.9 | 919.1 | 822 | 946 | - |
| EBIT 1 | 1,090 | 335.1 | 357.8 | 233.4 | 394.1 | 311 | 453.5 | 377 |
| Operating Margin | 5.62% | 2.84% | 2.92% | 1.92% | 3.26% | 2.47% | 3.36% | 2.84% |
| Earnings before Tax (EBT) 1 | 1,105 | 371.3 | 332.2 | 201.8 | 304.8 | 351 | 449.3 | 417 |
| Net income 1 | 859.3 | 253.4 | 232.1 | 120.1 | 226.7 | 260.5 | 336.8 | 309.5 |
| Net margin | 4.43% | 2.15% | 1.89% | 0.99% | 1.88% | 2.07% | 2.49% | 2.33% |
| EPS 2 | 0.7159 | 0.2111 | 0.1948 | 0.1027 | 0.1939 | 0.2200 | 0.2875 | 0.2650 |
| Free Cash Flow 1 | 760.4 | 197.2 | 1,992 | 1,881 | 2,272 | 815 | 723.5 | - |
| FCF margin | 3.92% | 1.67% | 16.23% | 15.51% | 18.8% | 6.47% | 5.36% | - |
| FCF Conversion (EBITDA) | 48.51% | 22.03% | 241.56% | 252.46% | 247.16% | 99.15% | 76.48% | - |
| FCF Conversion (Net income) | 88.49% | 77.81% | 858.03% | 1,565.95% | 1,002.15% | 312.86% | 214.85% | - |
| Dividend per Share 2 | 0.4200 | 0.2100 | 0.1600 | 0.0500 | 0.1600 | 0.1600 | 0.1553 | 0.1600 |
| Announcement Date | 2/28/20 | 3/11/21 | 3/10/22 | 3/17/23 | 3/14/24 | - | - | - |
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 | 4,377 | 4,274 | 2,969 | 3,206 | 3,591 | 5,499 | 5,948 | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | 760 | 197 | 1,992 | 1,881 | 2,272 | 815 | 724 | - |
| ROE (net income / shareholders' equity) | 12.9% | 3.74% | 4.3% | 2.97% | 5.51% | 6% | 7.93% | 6.75% |
| ROA (Net income/ Total Assets) | 5.23% | 1.47% | 0.93% | - | 0.77% | 0.9% | 1.2% | 1.2% |
| Assets 1 | 16,443 | 17,216 | 24,958 | - | 29,454 | 28,944 | 28,062 | 25,792 |
| Book Value Per Share 2 | 5.790 | 5.580 | 3.520 | 3.460 | 3.600 | 3.590 | 3.680 | 3.860 |
| Cash Flow per Share 2 | 1.220 | 0.8600 | 2.290 | 2.060 | 2.350 | 1.730 | 2.640 | 1.510 |
| Capex 1 | 699 | 834 | 742 | 523 | 475 | 260 | 592 | 465 |
| Capex / Sales | 3.6% | 7.07% | 6.05% | 4.31% | 3.93% | 2.06% | 4.38% | 3.51% |
| Announcement Date | 2/28/20 | 3/11/21 | 3/10/22 | 3/17/23 | 3/14/24 | - | - | - |
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
C
Sell
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
4.99
CNY
Average target price
6.65
CNY
Spread / Average Target
+33.27%
EPS Revisions
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -9.76% | 806M | |
| +13.43% | 7.17B | |
| +11.09% | 7.28B | |
| +17.73% | 6.88B | |
| -4.91% | 5.81B | |
| +44.04% | 5.42B | |
| +30.82% | 5.06B | |
| -7.75% | 5.11B | |
| +9.05% | 3.75B | |
| -10.09% | 3.47B |
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