Financials 360 SECU Shanghai S.E.

Equities

601360

Internet Services

End-of-day quote Shanghai S.E. 5-day change 1st Jan Change
- CNY -.--% Intraday chart for 360 SECU -.--% -.--%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 159,023 106,263 90,889 45,777 63,066 51,097 - -
Enterprise Value (EV) 1 139,560 81,655 71,648 22,996 38,141 27,221 25,608 51,097
P/E ratio 26.7 x 36.5 x 97.8 x -21.1 x -129 x 730 x 63.8 x 91.3 x
Yield 0.23% - 0.79% - 1.11% - 0.09% 0.14%
Capitalization / Revenue 12.4 x 9.15 x 8.35 x 4.81 x 6.96 x 4.79 x 4.49 x 4.42 x
EV / Revenue 10.9 x 7.03 x 6.58 x 2.42 x 4.21 x 2.55 x 2.25 x 4.42 x
EV / EBITDA 18.5 x 21.7 x 42.2 x -11.8 x 50.3 x 28.2 x 26.3 x -
EV / FCF - - -327,374,456 x - - - - -
FCF Yield - - -0% - - - - -
Price to Book 5.54 x 2.89 x 2.58 x 1.47 x 2.02 x 1.62 x 1.58 x -
Nbr of stocks (in thousands) 6,764,055 6,764,055 7,145,363 6,999,558 6,999,558 6,999,558 - -
Reference price 2 23.51 15.71 12.72 6.540 9.010 7.300 7.300 7.300
Announcement Date 4/23/20 4/21/21 4/21/22 4/21/23 4/19/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 12,841 11,615 10,886 9,521 9,055 10,662 11,382 11,573
EBITDA 1 7,532 3,765 1,699 -1,948 758 966.3 974.4 -
EBIT 1 7,189 3,397 1,158 -1,906 -437.9 -193 57.27 312
Operating Margin 55.98% 29.25% 10.64% -20.02% -4.84% -1.81% 0.5% 2.7%
Earnings before Tax (EBT) 1 7,217 3,374 1,231 -1,911 -192.3 39 1,019 593
Net income 1 5,980 2,913 902.2 -2,204 -492.5 49.42 812.3 542.8
Net margin 46.57% 25.08% 8.29% -23.14% -5.44% 0.46% 7.14% 4.69%
EPS 2 0.8800 0.4300 0.1300 -0.3100 -0.0700 0.0100 0.1144 0.0800
Free Cash Flow - - -218.9 - - - - -
FCF margin - - -2.01% - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 0.0530 - 0.1000 - 0.1000 - 0.006530 0.0100
Announcement Date 4/23/20 4/21/21 4/21/22 4/21/23 4/19/24 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 19,463 24,608 19,241 22,781 24,925 23,876 25,489 -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - -219 - - - - -
ROE (net income / shareholders' equity) 22.7% 8.89% 2.51% -6.6% -1.55% 0.16% 2.42% 1.7%
ROA (Net income/ Total Assets) 19% - 2.09% -5.46% -1.25% 0.1% 0.5% 1.2%
Assets 1 31,550 - 43,151 40,328 39,392 49,420 162,452 45,230
Book Value Per Share 2 4.240 5.440 4.930 4.440 4.470 4.510 4.620 -
Cash Flow per Share 2 0.4100 0.2900 0.0200 0.0800 0.1300 -0.1000 0.1600 0.1000
Capex 1 664 558 384 454 501 900 800 940
Capex / Sales 5.17% 4.8% 3.53% 4.77% 5.53% 8.44% 7.03% 8.12%
Announcement Date 4/23/20 4/21/21 4/21/22 4/21/23 4/19/24 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
3
Last Close Price
7.3 CNY
Average target price
7.4 CNY
Spread / Average Target
+1.37%
Consensus

Annual profits - Rate of surprise