End-of-day quote
Shanghai S.E.
06:00:00 2024-04-25 pm EDT
|
5-day change
|
1st Jan Change
|
13.55
CNY
|
+3.91%
|
|
+7.20%
|
-15.15%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
10,860
|
25,290
|
30,587
|
31,940
|
18,127
|
15,380
|
-
|
-
|
Enterprise Value (EV)
1 |
10,860
|
25,290
|
30,587
|
23,917
|
8,964
|
14,112
|
14,042
|
15,380
|
P/E ratio
|
11.3
x
|
65.8
x
|
19.9
x
|
164
x
|
25.6
x
|
17.5
x
|
12.8
x
|
12
x
|
Yield
|
2.72%
|
0.46%
|
1.48%
|
0.36%
|
1.25%
|
2.35%
|
2.83%
|
4.02%
|
Capitalization / Revenue
|
0.41
x
|
3.08
x
|
2.4
x
|
2.96
x
|
1.48
x
|
1.16
x
|
1.04
x
|
0.95
x
|
EV / Revenue
|
0.41
x
|
3.08
x
|
2.4
x
|
2.21
x
|
0.73
x
|
1.07
x
|
0.95
x
|
0.95
x
|
EV / EBITDA
|
4.88
x
|
19.2
x
|
11.1
x
|
16.7
x
|
4.32
x
|
4.55
x
|
4.41
x
|
3.05
x
|
EV / FCF
|
-
|
-
|
18.3
x
|
26.2
x
|
3.32
x
|
5.67
x
|
4.83
x
|
-
|
FCF Yield
|
-
|
-
|
5.46%
|
3.82%
|
30.1%
|
17.6%
|
20.7%
|
-
|
Price to Book
|
0.95
x
|
2.2
x
|
1.58
x
|
1.67
x
|
0.92
x
|
0.76
x
|
0.72
x
|
0.71
x
|
Nbr of stocks (in thousands)
|
776,250
|
776,250
|
1,132,841
|
1,135,049
|
1,135,049
|
1,135,049
|
-
|
-
|
Reference price
2 |
13.99
|
32.58
|
27.00
|
28.14
|
15.97
|
13.55
|
13.55
|
13.55
|
Announcement Date
|
4/25/20
|
4/23/21
|
4/22/22
|
4/14/23
|
4/19/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
26,789
|
8,223
|
12,753
|
10,800
|
12,224
|
13,208
|
14,793
|
16,207
|
EBITDA
1 |
2,225
|
1,314
|
2,749
|
1,436
|
2,076
|
3,100
|
3,181
|
5,047
|
EBIT
1 |
1,528
|
623.6
|
1,906
|
538.8
|
1,154
|
1,589
|
1,898
|
2,035
|
Operating Margin
|
5.7%
|
7.58%
|
14.94%
|
4.99%
|
9.44%
|
12.03%
|
12.83%
|
12.56%
|
Earnings before Tax (EBT)
1 |
1,445
|
646.9
|
1,906
|
533.2
|
1,208
|
1,464
|
1,765
|
2,032
|
Net income
1 |
961.3
|
386.7
|
1,340
|
194.9
|
709.4
|
876.9
|
1,204
|
1,288
|
Net margin
|
3.59%
|
4.7%
|
10.51%
|
1.8%
|
5.8%
|
6.64%
|
8.14%
|
7.95%
|
EPS
2 |
1.238
|
0.4950
|
1.358
|
0.1720
|
0.6240
|
0.7744
|
1.062
|
1.133
|
Free Cash Flow
1 |
-
|
-
|
1,670
|
913
|
2,703
|
2,488
|
2,906
|
-
|
FCF margin
|
-
|
-
|
13.09%
|
8.45%
|
22.11%
|
18.84%
|
19.64%
|
-
|
FCF Conversion (EBITDA)
|
-
|
-
|
60.73%
|
63.59%
|
130.18%
|
80.27%
|
91.36%
|
-
|
FCF Conversion (Net income)
|
-
|
-
|
124.58%
|
468.41%
|
380.97%
|
283.73%
|
241.46%
|
-
|
Dividend per Share
2 |
0.3800
|
0.1500
|
0.4000
|
0.1000
|
0.2000
|
0.3188
|
0.3838
|
0.5450
|
Announcement Date
|
4/25/20
|
4/23/21
|
4/22/22
|
4/14/23
|
4/19/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S1
|
2021 S1
|
2021 Q4
|
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 |
13,422
|
4,688
|
5,744
|
-
|
2,333
|
3,367
|
3,013
|
2,885
|
2,959
|
3,308
|
3,291
|
3,300
|
2,823
|
4,007
|
3,586
|
EBITDA
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
897.1
|
860.1
|
502.3
|
1,004
|
1,010
|
EBIT
1 |
-
|
-
|
-
|
-
|
-185.1
|
347.8
|
400.6
|
257.9
|
147.7
|
316.5
|
474.5
|
437.6
|
79.78
|
562.3
|
568.4
|
Operating Margin
|
-
|
-
|
-
|
-
|
-7.93%
|
10.33%
|
13.29%
|
8.94%
|
4.99%
|
9.57%
|
14.42%
|
13.26%
|
2.83%
|
14.03%
|
15.85%
|
Earnings before Tax (EBT)
1 |
-
|
-
|
-
|
-
|
-201.9
|
359.4
|
443.5
|
235.7
|
169.9
|
327.5
|
421.6
|
370.6
|
6.079
|
477.6
|
521.5
|
Net income
1 |
699.5
|
480.5
|
-
|
33.42
|
-220
|
226.4
|
291.1
|
130.4
|
61.47
|
201.8
|
262.9
|
281
|
36.48
|
281.8
|
311.2
|
Net margin
|
5.21%
|
10.25%
|
-
|
-
|
-9.43%
|
6.73%
|
9.66%
|
4.52%
|
2.08%
|
6.1%
|
7.99%
|
8.52%
|
1.29%
|
7.03%
|
8.68%
|
EPS
2 |
0.9010
|
-
|
-
|
0.0300
|
-0.2000
|
0.1990
|
0.2600
|
0.1100
|
0.0500
|
0.1780
|
0.2316
|
0.2476
|
0.0321
|
0.2482
|
0.2742
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
0.2441
|
-
|
-
|
-
|
0.3090
|
Announcement Date
|
8/30/19
|
8/27/21
|
4/22/22
|
10/28/22
|
4/14/23
|
4/28/23
|
8/25/23
|
10/27/23
|
4/19/24
|
4/27/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
-
|
-
|
-
|
8,024
|
9,163
|
1,268
|
1,338
|
-
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
-
|
-
|
1,670
|
913
|
2,703
|
2,488
|
2,906
|
-
|
ROE (net income / shareholders' equity)
|
8.66%
|
3.37%
|
8.86%
|
1.01%
|
3.65%
|
4.34%
|
5.61%
|
5.94%
|
ROA (Net income/ Total Assets)
|
4.2%
|
1.68%
|
3.96%
|
-
|
-
|
2.15%
|
2.49%
|
3.13%
|
Assets
1 |
22,905
|
23,061
|
33,874
|
-
|
-
|
40,786
|
48,269
|
41,227
|
Book Value Per Share
2 |
14.70
|
14.80
|
17.10
|
16.90
|
17.40
|
17.90
|
18.90
|
19.20
|
Cash Flow per Share
2 |
1.730
|
1.050
|
2.450
|
1.450
|
3.180
|
2.310
|
2.330
|
2.980
|
Capex
1 |
1,038
|
617
|
1,102
|
728
|
902
|
964
|
755
|
811
|
Capex / Sales
|
3.88%
|
7.5%
|
8.64%
|
6.74%
|
7.38%
|
7.3%
|
5.1%
|
5%
|
Announcement Date
|
4/25/20
|
4/23/21
|
4/22/22
|
4/14/23
|
4/19/24
|
-
|
-
|
-
|
Last Close Price
13.55
CNY Average target price
17.4
CNY Spread / Average Target +28.41% Consensus |
1st Jan change
|
Capi.
|
---|
| -15.15% | 2.12B | | +40.60% | 18.35B | | +15.83% | 7.32B | | +11.23% | 7.29B | | +13.19% | 6.59B | | -2.96% | 5.84B | | +45.96% | 5.39B | | +31.51% | 5.08B | | -8.40% | 5.07B | | +9.29% | 3.65B |
Retail - Department Stores
|