Financials Suning.com Co., Ltd.

Equities

002024

CNE000001KF2

Computer & Electronics Retailers

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
1.52 CNY +1.33% Intraday chart for Suning.com Co., Ltd. +0.66% -14.12%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 93,275 70,350 37,593 20,811 16,299 13,928 - -
Enterprise Value (EV) 1 102,200 86,393 63,461 20,811 16,299 13,928 13,928 13,928
P/E ratio 9.45 x -16.8 x -0.89 x -1.27 x -3.93 x -10.6 x 28.7 x 11.7 x
Yield 0.49% - - - - - - -
Capitalization / Revenue 0.35 x 0.28 x 0.27 x 0.29 x 0.26 x 0.2 x 0.18 x 0.15 x
EV / Revenue 0.35 x 0.28 x 0.27 x 0.29 x 0.26 x 0.2 x 0.18 x 0.15 x
EV / EBITDA 5.07 x -24 x -0.77 x -1.18 x -6.89 x 5.69 x 3.8 x 3.11 x
EV / FCF -3,467,861 x -9,698,168 x -4,266,613 x - - - - -
FCF Yield -0% -0% -0% - - - - -
Price to Book 1.07 x 0.93 x 1.19 x - - - - -
Nbr of stocks (in thousands) 9,226,033 9,124,551 9,124,551 9,208,558 9,208,558 9,163,286 - -
Reference price 2 10.11 7.710 4.120 2.260 1.770 1.520 1.520 1.520
Announcement Date 3/13/20 2/26/21 4/29/22 4/28/23 3/29/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 269,229 252,296 138,904 71,374 62,627 68,861 78,915 90,448
EBITDA 1 18,401 -2,925 -48,612 -17,628 -2,367 2,448 3,661 4,478
EBIT 1 14,672 -6,864 -51,675 -19,368 -3,925 882.3 2,211 3,076
Operating Margin 5.45% -2.72% -37.2% -27.14% -6.27% 1.28% 2.8% 3.4%
Earnings before Tax (EBT) 1 14,595 -6,901 -52,073 -19,552 -4,208 -1,365 591.7 1,551
Net income 1 9,843 -4,275 -43,265 -16,220 -4,090 -1,337 492.3 1,210
Net margin 3.66% -1.69% -31.15% -22.73% -6.53% -1.94% 0.62% 1.34%
EPS 2 1.070 -0.4600 -4.650 -1.780 -0.4500 -0.1436 0.0529 0.1300
Free Cash Flow -26,897 -7,254 -8,811 - - - - -
FCF margin -9.99% -2.88% -6.34% - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 0.0500 - - - - - - -
Announcement Date 3/13/20 2/26/21 4/29/22 4/28/23 3/29/24 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 8,925 16,042 25,868 - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) 0.485 x -5.484 x -0.5321 x - - - - -
Free Cash Flow -26,897 -7,254 -8,811 - - - - -
ROE (net income / shareholders' equity) 11.8% -5.08% -79.4% -67.6% -29.8% -12.1% 4.35% 9.56%
ROA (Net income/ Total Assets) 5.03% -1.9% -22.6% - - - - -
Assets 1 195,623 224,511 191,402 - - - - -
Book Value Per Share 9.440 8.260 3.450 - - - - -
Cash Flow per Share -1.920 -0.1700 -0.6900 - - - - -
Capex 9,032 5,632 2,381 - - - - -
Capex / Sales 3.35% 2.23% 1.71% - - - - -
Announcement Date 3/13/20 2/26/21 4/29/22 4/28/23 3/29/24 - - -
1CNY in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
1.52 CNY
Average target price
2.1 CNY
Spread / Average Target
+38.16%
Consensus

Annual profits - Rate of surprise

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