Financials China Kangda Food Company Limited

Equities

P74

BMG2110F1023

Food Processing

Delayed Singapore S.E. 11:31:00 2024-07-09 pm EDT 5-day change 1st Jan Change
0.034 SGD -2.86% Intraday chart for China Kangda Food Company Limited -40.35% +17.24%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 202.6 247 85.34 80.66 73.55 67.55
Enterprise Value (EV) 1 367.9 536.5 288.6 226.5 303.9 240.2
P/E ratio 36 x 56.6 x -2.37 x -1.99 x -4.77 x -8.08 x
Yield - - - - - -
Capitalization / Revenue 0.14 x 0.18 x 0.06 x 0.05 x 0.04 x 0.04 x
EV / Revenue 0.26 x 0.38 x 0.19 x 0.15 x 0.17 x 0.14 x
EV / EBITDA 3.64 x 7.99 x 4.18 x 6.26 x 5.28 x 7.09 x
EV / FCF 9.43 x -8.14 x - 3.04 x -2.06 x 1.95 x
FCF Yield 10.6% -12.3% - 32.9% -48.5% 51.2%
Price to Book 0.32 x 0.38 x 0.14 x 0.14 x 0.13 x 0.12 x
Nbr of stocks (in thousands) 432,948 432,948 432,948 432,948 432,948 432,948
Reference price 2 0.4681 0.5705 0.1971 0.1863 0.1699 0.1560
Announcement Date 4/29/19 4/28/20 3/29/21 4/28/22 4/28/23 4/29/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,404 1,411 1,521 1,520 1,746 1,657
EBITDA 1 101.1 67.12 68.95 36.18 57.58 33.9
EBIT 1 35.26 6.852 8.683 -27.01 -5.223 -18.14
Operating Margin 2.51% 0.49% 0.57% -1.78% -0.3% -1.09%
Earnings before Tax (EBT) 1 7.053 9.465 -35.51 -41.99 -14.69 -8.313
Net income 1 5.642 4.366 -36.06 -40.62 -15.42 -8.353
Net margin 0.4% 0.31% -2.37% -2.67% -0.88% -0.5%
EPS 2 0.0130 0.0101 -0.0833 -0.0938 -0.0356 -0.0193
Free Cash Flow 1 39.03 -65.9 - 74.58 -147.2 123.1
FCF margin 2.78% -4.67% - 4.91% -8.43% 7.43%
FCF Conversion (EBITDA) 38.6% - - 206.16% - 363.14%
FCF Conversion (Net income) 691.78% - - - - -
Dividend per Share - - - - - -
Announcement Date 4/29/19 4/28/20 3/29/21 4/28/22 4/28/23 4/29/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 165 289 203 146 230 173
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 1.635 x 4.313 x 2.947 x 4.033 x 4 x 5.094 x
Free Cash Flow 1 39 -65.9 - 74.6 -147 123
ROE (net income / shareholders' equity) 0.86% 0.8% -5.48% -6.83% -2.64% -1.44%
ROA (Net income/ Total Assets) 1.28% 0.26% 0.37% -1.24% -0.25% -0.78%
Assets 1 441.6 1,663 -9,852 3,279 6,120 1,074
Book Value Per Share 2 1.480 1.490 1.400 1.310 1.270 1.250
Cash Flow per Share 2 0.6400 0.3700 0.4800 0.3200 0.4600 0.6600
Capex 1 48.9 89.4 - 23.2 24.5 23
Capex / Sales 3.48% 6.34% - 1.53% 1.4% 1.39%
Announcement Date 4/29/19 4/28/20 3/29/21 4/28/22 4/28/23 4/29/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

  1. Stock Market
  2. Equities
  3. P74 Stock
  4. Financials China Kangda Food Company Limited