End-of-day quote
Shanghai S.E.
06:00:00 2024-05-09 pm EDT
|
5-day change
|
1st Jan Change
|
188.8
CNY
|
-2.11%
|
|
+1.28%
|
-3.00%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
10,578
|
18,081
|
17,904
|
13,607
|
16,101
|
15,619
|
-
|
-
|
Enterprise Value (EV)
1 |
10,578
|
17,030
|
16,669
|
12,639
|
13,145
|
12,920
|
12,601
|
11,726
|
P/E ratio
|
63.6
x
|
84.3
x
|
56.7
x
|
38.1
x
|
28.6
x
|
24
x
|
19.4
x
|
14.6
x
|
Yield
|
0.44%
|
0.36%
|
0.84%
|
1.22%
|
1.54%
|
2.07%
|
2.49%
|
3.31%
|
Capitalization / Revenue
|
31.7
x
|
38.4
x
|
26.2
x
|
15.2
x
|
13.6
x
|
10.1
x
|
8.02
x
|
6.14
x
|
EV / Revenue
|
31.7
x
|
36.2
x
|
24.3
x
|
14.1
x
|
11.1
x
|
8.37
x
|
6.47
x
|
4.61
x
|
EV / EBITDA
|
62.3
x
|
64.1
x
|
43.7
x
|
28.2
x
|
21.6
x
|
16.3
x
|
13.2
x
|
9.01
x
|
EV / FCF
|
-
|
-
|
-
|
318
x
|
35.7
x
|
30
x
|
28.7
x
|
21.7
x
|
FCF Yield
|
-
|
-
|
-
|
0.31%
|
2.8%
|
3.34%
|
3.48%
|
4.61%
|
Price to Book
|
9.92
x
|
14.7
x
|
12
x
|
7.92
x
|
4.19
x
|
3.53
x
|
3.38
x
|
2.89
x
|
Nbr of stocks (in thousands)
|
71,978
|
71,978
|
71,978
|
71,978
|
82,726
|
82,726
|
-
|
-
|
Reference price
2 |
147.0
|
251.2
|
248.7
|
189.0
|
194.6
|
188.8
|
188.8
|
188.8
|
Announcement Date
|
2/28/20
|
2/26/21
|
2/24/22
|
2/27/23
|
2/23/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
333.7
|
470.3
|
684.6
|
896.5
|
1,187
|
1,543
|
1,947
|
2,542
|
EBITDA
1 |
169.9
|
265.5
|
381.1
|
448.7
|
608.8
|
792.6
|
953.2
|
1,301
|
EBIT
1 |
164.3
|
249.9
|
362.8
|
415.2
|
573.9
|
764
|
950.8
|
1,236
|
Operating Margin
|
49.22%
|
53.15%
|
52.99%
|
46.31%
|
48.34%
|
49.52%
|
48.84%
|
48.63%
|
Earnings before Tax (EBT)
1 |
164.3
|
249.6
|
361.7
|
413.9
|
572.3
|
761.1
|
955.3
|
1,244
|
Net income
1 |
141.8
|
214.6
|
315.9
|
356.9
|
492.4
|
649.6
|
799.2
|
1,067
|
Net margin
|
42.48%
|
45.64%
|
46.14%
|
39.81%
|
41.48%
|
42.1%
|
41.06%
|
41.99%
|
EPS
2 |
2.310
|
2.980
|
4.390
|
4.960
|
6.810
|
7.863
|
9.753
|
12.94
|
Free Cash Flow
1 |
-
|
-
|
-
|
39.78
|
368
|
431
|
439
|
540
|
FCF margin
|
-
|
-
|
-
|
4.44%
|
31%
|
27.94%
|
22.55%
|
21.24%
|
FCF Conversion (EBITDA)
|
-
|
-
|
-
|
8.87%
|
60.45%
|
54.38%
|
46.05%
|
41.52%
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
11.15%
|
74.74%
|
66.35%
|
54.93%
|
50.59%
|
Dividend per Share
2 |
0.6500
|
0.9000
|
2.100
|
2.300
|
3.000
|
3.910
|
4.707
|
6.240
|
Announcement Date
|
2/28/20
|
2/26/21
|
2/24/22
|
2/27/23
|
2/23/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
---|
Net sales
1 |
174.5
|
257.9
|
200.9
|
205.4
|
232.3
|
285.6
|
336
|
266.8
|
298.7
|
358.1
|
382.6
|
382.6
|
442.1
|
-
|
-
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
70.51
|
141.4
|
109.1
|
98.7
|
66.02
|
144.5
|
182.4
|
126
|
120.6
|
217.8
|
175.3
|
175.3
|
202.6
|
-
|
-
|
Operating Margin
|
40.41%
|
54.84%
|
54.29%
|
48.04%
|
28.43%
|
50.61%
|
54.29%
|
47.21%
|
40.38%
|
60.81%
|
45.81%
|
45.81%
|
45.81%
|
-
|
-
|
Earnings before Tax (EBT)
1 |
70.37
|
141.2
|
109.1
|
98.27
|
65.3
|
144.9
|
181.3
|
126
|
120.5
|
216.8
|
178.7
|
178.7
|
241.2
|
-
|
-
|
Net income
1 |
65.87
|
123.5
|
91.55
|
85.85
|
56
|
124.8
|
155.1
|
108.9
|
104
|
184.3
|
152.8
|
154
|
209.1
|
-
|
-
|
Net margin
|
37.75%
|
47.88%
|
45.57%
|
41.79%
|
24.11%
|
43.71%
|
46.15%
|
40.81%
|
34.81%
|
51.47%
|
39.95%
|
40.25%
|
47.3%
|
-
|
-
|
EPS
2 |
0.9200
|
1.720
|
1.270
|
1.190
|
0.7800
|
1.730
|
2.160
|
1.520
|
1.410
|
2.230
|
1.848
|
1.862
|
2.528
|
-
|
-
|
Dividend per Share
2 |
2.100
|
-
|
-
|
-
|
2.300
|
-
|
-
|
-
|
3.000
|
-
|
-
|
-
|
3.936
|
-
|
-
|
Announcement Date
|
2/24/22
|
4/29/22
|
8/25/22
|
10/28/22
|
2/27/23
|
4/27/23
|
7/28/23
|
10/27/23
|
2/23/24
|
4/26/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
-
|
1,051
|
1,234
|
968
|
2,956
|
2,699
|
3,017
|
3,893
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
-
|
-
|
-
|
39.8
|
368
|
431
|
439
|
540
|
ROE (net income / shareholders' equity)
|
24.7%
|
18.7%
|
23.2%
|
22.2%
|
26.4%
|
15.1%
|
17.9%
|
19.2%
|
ROA (Net income/ Total Assets)
|
19.9%
|
17%
|
20.2%
|
-
|
15.8%
|
14.3%
|
15.7%
|
17.5%
|
Assets
1 |
712.3
|
1,266
|
1,566
|
-
|
3,119
|
4,543
|
5,079
|
6,117
|
Book Value Per Share
2 |
14.80
|
17.10
|
20.80
|
23.90
|
46.50
|
53.40
|
55.80
|
65.40
|
Cash Flow per Share
2 |
2.330
|
3.020
|
4.170
|
4.640
|
6.750
|
7.580
|
9.430
|
11.80
|
Capex
1 |
21.2
|
26.2
|
89.6
|
294
|
190
|
239
|
215
|
213
|
Capex / Sales
|
6.36%
|
5.58%
|
13.08%
|
32.79%
|
16.03%
|
15.49%
|
11.05%
|
8.39%
|
Announcement Date
|
2/28/20
|
2/26/21
|
2/24/22
|
2/27/23
|
2/23/24
|
-
|
-
|
-
|
Last Close Price
188.8
CNY Average target price
233.7
CNY Spread / Average Target +23.78% Consensus |
1st Jan change
|
Capi.
|
---|
| -3.00% | 2.16B | | +10.39% | 126B | | +2.52% | 8.97B | | +38.96% | 5.56B | | -17.50% | 4.99B | | +8.36% | 3.44B | | -8.84% | 2.8B | | -7.52% | 2.18B | | -21.88% | 1.82B | | -7.26% | 1.17B |
Medical Devices & Implants
|