Financials Zhejiang Daily Digital Culture Group Co.,Ltd

Equities

600633

CNE0000007X9

Internet Services

End-of-day quote Shanghai S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
10.3 CNY +2.39% Intraday chart for Zhejiang Daily Digital Culture Group Co.,Ltd +3.73% -6.87%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 11,581 10,303 11,151 10,366 13,999 13,037 - -
Enterprise Value (EV) 1 11,581 10,303 11,151 10,366 13,999 13,037 13,037 13,037
P/E ratio 22.9 x 20.4 x 21.5 x 21 x 21.3 x 17.6 x 13.8 x 14.1 x
Yield - - 0.91% 0.98% 1.18% 2.04% 2.28% 2.52%
Capitalization / Revenue - - 3.64 x 2 x 4.55 x 3.66 x 2.8 x 3.03 x
EV / Revenue - - 3.64 x 2 x 4.55 x 3.66 x 2.8 x 3.03 x
EV / EBITDA - - 11 x 9.42 x 12.4 x 9.83 x 9.67 x -
EV / FCF - - 25.1 x - 26.9 x 38.2 x 12.8 x 11.2 x
FCF Yield - - 3.98% - 3.72% 2.62% 7.81% 8.94%
Price to Book - - 1.25 x 1.12 x 1.42 x 1.25 x 1.16 x 1.11 x
Nbr of stocks (in thousands) 1,265,731 1,265,731 1,265,731 1,265,731 1,265,731 1,265,731 - -
Reference price 2 9.150 8.140 8.810 8.190 11.06 10.30 10.30 10.30
Announcement Date 4/27/20 3/25/21 4/27/22 4/12/23 3/27/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 - - 3,064 5,186 3,078 3,562 4,653 4,304
EBITDA 1 - - 1,011 1,101 1,125 1,326 1,348 -
EBIT 1 - - 730.6 671.9 838.8 976.2 1,173 1,205
Operating Margin - - 23.84% 12.95% 27.25% 27.4% 25.22% 27.99%
Earnings before Tax (EBT) 1 - - 728.6 677 838.9 978.8 1,176 1,207
Net income 1 508.4 511.6 516.6 489.7 662.9 741.3 932.3 926
Net margin - - 16.86% 9.44% 21.54% 20.81% 20.04% 21.52%
EPS 2 0.4000 0.4000 0.4100 0.3900 0.5200 0.5850 0.7475 0.7300
Free Cash Flow 1 - - 443.9 - 520.2 341 1,018 1,166
FCF margin - - 14.49% - 16.9% 9.57% 21.88% 27.09%
FCF Conversion (EBITDA) - - 43.92% - 46.24% 25.72% 75.51% -
FCF Conversion (Net income) - - 85.91% - 78.47% 46% 109.19% 125.92%
Dividend per Share 2 - - 0.0800 0.0800 0.1300 0.2100 0.2350 0.2600
Announcement Date 4/27/20 3/25/21 4/27/22 4/12/23 3/27/24 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 - - 444 - 520 341 1,018 1,166
ROE (net income / shareholders' equity) - - 5.94% 5.39% 6.92% 7.12% 8.41% 7.86%
ROA (Net income/ Total Assets) - - 4.47% 4.06% - - - -
Assets 1 - - 11,546 12,053 - - - -
Book Value Per Share 2 - - 7.050 7.330 7.800 8.240 8.920 9.320
Cash Flow per Share 2 - - 0.8100 0.8100 0.6600 1.200 0.7200 1.510
Capex 1 - - 579 362 320 76 43.4 5.13
Capex / Sales - - 18.89% 6.98% 10.39% 2.13% 0.93% 0.12%
Announcement Date 4/27/20 3/25/21 4/27/22 4/12/23 3/27/24 - - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
10.3
Average target price
-
Consensus

Annual profits - Rate of surprise

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