Financials Changsha Broad Homes Industrial Group Co., Ltd.

Equities

Market Closed - Hong Kong S.E. Other stock markets 04:08:27 2024-07-12 am EDT			5-day change	1st Jan Change
1.1 ^HKD	0.00%		-16.03%	-60.00%

Mar. 29	Changsha Broad Homes Industrial Narrows 2023 Loss	MT
Mar. 28	Changsha Broad Homes Industrial Group Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023	CI

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	3,787	7,790	4,760	3,359	1,219	498.1	-	-
Enterprise Value (EV) ¹	3,787	10,016	7,306	3,359	1,219	498.1	498.1	498.1
P/E ratio	4.41 x	36.3 x	139 x	-4.1 x	-3.09 x	-4.71 x	27.6 x	2.6 x
Yield	6.44%	3.13%	-	-	-	-	-	7.69%
Capitalization / Revenue	1.12 x	2.98 x	1.56 x	1.5 x	0.55 x	0.19 x	0.16 x	0.13 x
EV / Revenue	1.12 x	2.98 x	1.56 x	1.5 x	0.55 x	0.19 x	0.16 x	0.13 x
EV / EBITDA	4,984,552 x	13,771,912 x	11,805,830 x	-	-	-	-	-
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Price to Book	0.91 x	1.88 x	1.15 x	1.02 x	0.41 x	0.18 x	0.17 x	0.16 x
Nbr of stocks (in thousands)	487,639	487,639	487,639	487,639	487,639	487,639	-	-
Reference price ²	7.766	15.97	9.761	6.889	2.499	1.021	1.021	1.021
Announcement Date	3/26/20	2/26/21	3/30/22	3/31/23	3/28/24	-	-	-

¹CNY in Million²CNY

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	3,369	2,614	3,059	2,232	2,201	2,621	3,175	3,875
EBITDA	759.7	565.6	403.2	-	-	-	-	-
EBIT ¹	600.6	336	157.6	-317.3	-85.54	58	185	358
Operating Margin	17.83%	12.85%	5.15%	-14.22%	-3.89%	2.21%	5.83%	9.24%
Earnings before Tax (EBT) ¹	733.7	265.4	32.93	-832.9	-409	-111	15	193
Net income ¹	676.9	216.4	32.43	-808.1	-389.1	-104	17	187
Net margin	20.09%	8.28%	1.06%	-36.2%	-17.68%	-3.97%	0.54%	4.83%
EPS ²	1.760	0.4400	0.0700	-1.680	-0.8100	-0.2170	0.0370	0.3930
Free Cash Flow	-	-	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-	-	-
Dividend per Share ²	0.5000	0.5000	-	-	-	-	-	0.0785
Announcement Date	3/26/20	2/26/21	3/30/22	3/31/23	3/28/24	-	-	-

¹CNY in Million²CNY

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	-	2,226	2,546	-	-	-	-	-
Net Cash position	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	3.935 x	6.314 x	-	-	-	-	-
Free Cash Flow	-	-	-	-	-	-	-	-
ROE (net income / shareholders' equity)	19.2%	5.2%	0.8%	-21.3%	-11.9%	-3.7%	0.6%	6.5%
ROA (Net income/ Total Assets)	8.01%	2.3%	-	-8.4%	-4.3%	-1.2%	0.2%	2%
Assets ¹	8,447	9,410	-	9,620	9,049	8,667	8,500	9,350
Book Value Per Share ²	8.540	8.490	8.510	6.720	6.040	5.830	5.860	6.260
Cash Flow per Share	2.520	0.3700	1.660	-	-	-	-	-
Capex ¹	970	502	631	370	214	356	356	356
Capex / Sales	28.79%	19.19%	20.62%	16.57%	9.73%	13.58%	11.21%	9.19%
Announcement Date	3/26/20	2/26/21	3/30/22	3/31/23	3/28/24	-	-	-

¹CNY in Million²CNY

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

1.021 CNY

Average target price

2.681 CNY

Spread / Average Target

+162.48%

	1st Jan change	Capi.
CHANGSHA BROAD HOMES INDUSTRIAL GROUP CO., LTD.	-60.00%	68.71M
CRH PLC	+11.44%	54.28B
ULTRATECH CEMENT LIMITED	+10.47%	40.05B
MARTIN MARIETTA MATERIALS, INC.	+11.15%	34.18B
VULCAN MATERIALS COMPANY	+11.23%	33.4B
GRASIM INDUSTRIES LIMITED	+33.21%	23.11B
AMBUJA CEMENTS	+29.82%	19.95B
HEIDELBERG MATERIALS AG	+26.27%	20.17B
CEMEX, S.A.B. DE C.V.	-8.02%	9.96B
SUMMIT MATERIALS, INC.	-0.29%	6.73B