ROYAL GROUP CO.,LTD. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 4.05 CNY | +0.75% |
|
+6.30% | -37.50% |
| Apr. 25 | Royal Group Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
| Jan. 19 | Mozambique court rules for ETG commodities in pigeon peas battle | RE |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 2,722 | 3,686 | 3,803 | 3,686 | 6,391 | 5,631 |
| Enterprise Value (EV) 1 | 3,887 | 4,957 | 5,435 | 5,592 | 8,620 | 7,275 |
| P/E ratio | -4.39 x | 75.7 x | -27.9 x | -7.81 x | 530 x | 83.1 x |
| Yield | - | 0.23% | - | - | - | - |
| Capitalization / Revenue | 1.17 x | 1.64 x | 1.53 x | 1.43 x | 2.21 x | 1.95 x |
| EV / Revenue | 1.66 x | 2.21 x | 2.18 x | 2.18 x | 2.98 x | 2.51 x |
| EV / EBITDA | 17.6 x | 22.1 x | 29.1 x | 130 x | 98.6 x | 68.3 x |
| EV / FCF | -10.6 x | 6.73 x | -14.7 x | -20.1 x | -16.7 x | -20 x |
| FCF Yield | -9.41% | 14.9% | -6.81% | -4.99% | -5.99% | -5% |
| Price to Book | 1.28 x | 1.69 x | 1.87 x | 2.36 x | 4.14 x | 3.3 x |
| Nbr of stocks (in thousands) | 837,640 | 837,640 | 837,640 | 837,640 | 837,640 | 869,049 |
| Reference price 2 | 3.250 | 4.400 | 4.540 | 4.400 | 7.630 | 6.480 |
| Announcement Date | 4/25/19 | 4/14/20 | 4/29/21 | 4/27/22 | 4/24/23 | 4/25/24 |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 2,336 | 2,241 | 2,490 | 2,569 | 2,891 | 2,893 |
| EBITDA 1 | 221 | 224.7 | 186.8 | 42.87 | 87.43 | 106.6 |
| EBIT 1 | 120.4 | 115.6 | 77.11 | -70.18 | -47.7 | -23.99 |
| Operating Margin | 5.15% | 5.16% | 3.1% | -2.73% | -1.65% | -0.83% |
| Earnings before Tax (EBT) 1 | -601.1 | 84.24 | -94.46 | -465.2 | -4.453 | 73.14 |
| Net income 1 | -616.2 | 48.63 | -136.2 | -471.9 | 12.02 | 67.35 |
| Net margin | -26.38% | 2.17% | -5.47% | -18.37% | 0.42% | 2.33% |
| EPS 2 | -0.7400 | 0.0581 | -0.1626 | -0.5633 | 0.0144 | 0.0780 |
| Free Cash Flow 1 | -365.7 | 736.2 | -370 | -278.9 | -516.1 | -364.1 |
| FCF margin | -15.66% | 32.84% | -14.86% | -10.86% | -17.85% | -12.59% |
| FCF Conversion (EBITDA) | - | 327.66% | - | - | - | - |
| FCF Conversion (Net income) | - | 1,514% | - | - | - | - |
| Dividend per Share | - | 0.0100 | - | - | - | - |
| Announcement Date | 4/25/19 | 4/14/20 | 4/29/21 | 4/27/22 | 4/24/23 | 4/25/24 |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 1,165 | 1,271 | 1,632 | 1,907 | 2,228 | 1,643 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 5.272 x | 5.657 x | 8.74 x | 44.48 x | 25.49 x | 15.42 x |
| Free Cash Flow 1 | -366 | 736 | -370 | -279 | -516 | -364 |
| ROE (net income / shareholders' equity) | -22.5% | 3.93% | -4.74% | -21.5% | 0.07% | 3.87% |
| ROA (Net income/ Total Assets) | 1.45% | 1.49% | 0.88% | -0.76% | -0.53% | -0.27% |
| Assets 1 | -42,576 | 3,272 | -15,550 | 61,755 | -2,282 | -24,961 |
| Book Value Per Share 2 | 2.540 | 2.600 | 2.430 | 1.860 | 1.850 | 1.960 |
| Cash Flow per Share 2 | 0.5300 | 0.6800 | 1.630 | 0.8400 | 0.6500 | 0.6100 |
| Capex 1 | 211 | 129 | 543 | 591 | 352 | 445 |
| Capex / Sales | 9.02% | 5.76% | 21.79% | 23.02% | 12.19% | 15.37% |
| Announcement Date | 4/25/19 | 4/14/20 | 4/29/21 | 4/27/22 | 4/24/23 | 4/25/24 |
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. | |
|---|---|---|
| -37.50% | 486M | |
| +4.71% | 24.52B | |
| -23.24% | 8.1B | |
| +8.16% | 6.26B | |
| -3.85% | 5.36B | |
| -3.18% | 5.16B | |
| +1.41% | 5.02B | |
| +19.79% | 4.98B | |
| +22.01% | 4.53B | |
| -3.99% | 2.92B |
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- Financials Royal Group Co.,Ltd.
