Financials Xiwang Foodstuffs Co.,Ltd.

Equities

000639

CNE000000008

Food Processing

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
3.25 CNY +1.25% Intraday chart for Xiwang Foodstuffs Co.,Ltd. +9.06% -26.47%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 8,636 4,942 4,890 7,513 5,483 5,084
Enterprise Value (EV) 1 10,947 4,930 4,888 7,434 5,711 5,546
P/E ratio 25 x 10.3 x -6.5 x 24 x 29.9 x -8.26 x
Yield 0.57% 1.25% - - - -
Capitalization / Revenue 1.54 x 0.85 x 0.85 x 1.3 x 0.86 x 0.84 x
EV / Revenue 1.95 x 0.84 x 0.85 x 1.29 x 0.9 x 0.91 x
EV / EBITDA 13.9 x 5.85 x 7.43 x 12.9 x 14.9 x -83.8 x
EV / FCF 60.9 x 5.73 x 14.7 x -83.1 x -15.2 x -61 x
FCF Yield 1.64% 17.4% 6.78% -1.2% -6.56% -1.64%
Price to Book 3.82 x 1.13 x 1.38 x 2.06 x 1.45 x 1.53 x
Nbr of stocks (in thousands) 890,880 1,079,428 1,079,428 1,079,428 1,079,428 1,079,428
Reference price 2 9.694 4.579 4.530 6.960 5.080 4.710
Announcement Date 4/27/18 4/26/19 4/29/20 4/29/21 4/29/22 4/26/23
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 5,618 5,845 5,727 5,780 6,355 6,071
EBITDA 1 784.9 843.2 658.1 575.5 382.4 -66.15
EBIT 1 717.4 774.3 587.1 505.3 314.8 -134.6
Operating Margin 12.77% 13.25% 10.25% 8.74% 4.95% -2.22%
Earnings before Tax (EBT) 1 477.1 656.5 -1,126 414.6 272.4 -1,004
Net income 1 343.3 468.5 -752 312.8 183.6 -618.7
Net margin 6.11% 8.01% -13.13% 5.41% 2.89% -10.19%
EPS 2 0.3878 0.4431 -0.6967 0.2900 0.1700 -0.5700
Free Cash Flow 1 179.7 859.6 331.6 -89.48 -374.6 -90.89
FCF margin 3.2% 14.71% 5.79% -1.55% -5.89% -1.5%
FCF Conversion (EBITDA) 22.9% 101.94% 50.38% - - -
FCF Conversion (Net income) 52.36% 183.5% - - - -
Dividend per Share 2 0.0551 0.0571 - - - -
Announcement Date 4/27/18 4/26/19 4/29/20 4/29/21 4/29/22 4/26/23
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 2,311 - - - 227 462
Net Cash position 1 - 12.6 1.51 78.6 - -
Leverage (Debt/EBITDA) 2.944 x - - - 0.5945 x -6.987 x
Free Cash Flow 1 180 860 332 -89.5 -375 -90.9
ROE (net income / shareholders' equity) 14.9% 13.6% -21.1% 8.09% 5.13% -17.8%
ROA (Net income/ Total Assets) 5.59% 5.38% 3.98% 3.98% 2.55% -1.14%
Assets 1 6,141 8,706 -18,876 7,858 7,201 54,371
Book Value Per Share 2 2.540 4.050 3.270 3.380 3.500 3.080
Cash Flow per Share 2 0.2200 2.630 2.130 1.640 1.520 1.420
Capex 1 42.4 32.1 31.2 188 38 113
Capex / Sales 0.76% 0.55% 0.54% 3.26% 0.6% 1.87%
Announcement Date 4/27/18 4/26/19 4/29/20 4/29/21 4/29/22 4/26/23
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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