End-of-day quote
Shanghai S.E.
06:00:00 2024-05-23 pm EDT
|
5-day change
|
1st Jan Change
|
34.74
CNY
|
-2.14%
|
|
-5.73%
|
+24.87%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
939,598
|
1,096,062
|
1,231,298
|
945,895
|
687,245
|
870,918
|
-
|
-
|
Enterprise Value (EV)
1 |
939,598
|
1,096,062
|
1,231,298
|
945,895
|
687,245
|
870,918
|
870,918
|
870,918
|
P/E ratio
|
10.4
x
|
11.6
x
|
10.6
x
|
7.08
x
|
4.94
x
|
5.9
x
|
5.44
x
|
5.17
x
|
Yield
|
3.19%
|
2.85%
|
3.12%
|
4.66%
|
7.09%
|
5.84%
|
6.2%
|
6.75%
|
Capitalization / Revenue
|
3.48
x
|
3.77
x
|
3.72
x
|
2.74
x
|
2.03
x
|
2.62
x
|
2.44
x
|
2.31
x
|
EV / Revenue
|
3.48
x
|
3.77
x
|
3.72
x
|
2.74
x
|
2.03
x
|
2.62
x
|
2.44
x
|
2.31
x
|
EV / EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EV / FCF
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Yield
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Price to Book
|
1.64
x
|
1.73
x
|
1.43
x
|
1.14
x
|
0.76
x
|
0.83
x
|
0.76
x
|
0.69
x
|
Nbr of stocks (in thousands)
|
25,219,846
|
25,219,846
|
25,219,846
|
25,219,846
|
25,219,846
|
25,219,846
|
-
|
-
|
Reference price
2 |
37.58
|
43.95
|
48.71
|
37.26
|
27.82
|
34.74
|
34.74
|
34.74
|
Announcement Date
|
1/17/20
|
1/14/21
|
1/14/22
|
1/13/23
|
1/19/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
269,703
|
290,482
|
331,253
|
344,784
|
339,123
|
332,702
|
356,399
|
380,626
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
117,047
|
122,643
|
214,135
|
220,154
|
215,611
|
215,591
|
235,710
|
248,182
|
Operating Margin
|
43.4%
|
42.22%
|
64.64%
|
63.85%
|
63.58%
|
64.8%
|
66.14%
|
65.2%
|
Earnings before Tax (EBT)
1 |
117,132
|
122,440
|
148,173
|
165,092
|
176,606
|
181,271
|
196,572
|
208,821
|
Net income
1 |
92,867
|
97,342
|
119,922
|
138,012
|
146,602
|
149,607
|
162,206
|
170,517
|
Net margin
|
34.43%
|
33.51%
|
36.2%
|
40.03%
|
43.23%
|
44.97%
|
45.51%
|
44.8%
|
EPS
2 |
3.620
|
3.790
|
4.610
|
5.260
|
5.630
|
5.889
|
6.386
|
6.714
|
Free Cash Flow
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF margin
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
2 |
1.200
|
1.253
|
1.522
|
1.738
|
1.972
|
2.029
|
2.152
|
2.346
|
Announcement Date
|
1/17/20
|
1/14/21
|
1/14/22
|
1/13/23
|
1/19/24
|
-
|
-
|
-
|
Fiscal Period: December |
2020 S1
|
2021 S1
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2023 S2
|
2024 Q1
|
2024 Q2
|
2024 S1
|
2024 Q3
|
2024 Q4
|
2024 S2
|
---|
Net sales
1 |
146,981
|
166,645
|
79,843
|
-
|
86,206
|
177,621
|
89,832
|
87,077
|
-
|
73,226
|
80,990
|
-
|
85,674
|
83,195
|
-
|
81,731
|
78,012
|
-
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
102,099
|
116,033
|
37,205
|
-
|
58,339
|
123,645
|
62,509
|
58,028
|
-
|
44,447
|
42,629
|
-
|
58,709
|
56,638
|
-
|
54,032
|
43,419
|
-
|
Operating Margin
|
69.46%
|
69.63%
|
46.6%
|
-
|
67.67%
|
69.61%
|
69.58%
|
66.64%
|
-
|
60.7%
|
52.63%
|
-
|
68.53%
|
68.08%
|
-
|
66.11%
|
55.66%
|
-
|
Earnings before Tax (EBT)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
44,003
|
-
|
44,301
|
-
|
-
|
45,188
|
-
|
-
|
-
|
-
|
-
|
Net income
|
-
|
61,150
|
-
|
36,022
|
-
|
-
|
-
|
36,913
|
-
|
38,138
|
32,712
|
-
|
38,077
|
-
|
-
|
-
|
-
|
-
|
Net margin
|
-
|
36.69%
|
-
|
-
|
-
|
-
|
-
|
42.39%
|
-
|
52.08%
|
40.39%
|
-
|
44.44%
|
-
|
-
|
-
|
-
|
-
|
EPS
2 |
-
|
-
|
0.9900
|
1.430
|
-
|
-
|
1.540
|
1.390
|
2.930
|
1.510
|
1.190
|
2.700
|
-
|
1.510
|
3.020
|
1.570
|
1.370
|
2.930
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
8/28/20
|
8/13/21
|
1/14/22
|
4/22/22
|
8/19/22
|
8/19/22
|
4/26/23
|
8/25/23
|
8/25/23
|
10/27/23
|
1/19/24
|
1/19/24
|
4/29/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
ROE (net income / shareholders' equity)
|
16.8%
|
15.7%
|
17%
|
17.1%
|
16.2%
|
14.9%
|
14.4%
|
13.9%
|
ROA (Net income/ Total Assets)
|
1.3%
|
1.23%
|
1.36%
|
1.42%
|
1.39%
|
1.3%
|
1.31%
|
1.3%
|
Assets
1 |
7,134,286
|
7,913,984
|
8,817,794
|
9,719,155
|
10,546,906
|
11,481,671
|
12,367,943
|
13,095,541
|
Book Value Per Share
2 |
22.90
|
25.40
|
34.10
|
32.70
|
36.70
|
41.60
|
46.00
|
50.60
|
Cash Flow per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Capex
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Capex / Sales
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
1/17/20
|
1/14/21
|
1/14/22
|
1/13/23
|
1/19/24
|
-
|
-
|
-
|
Last Close Price
34.74
CNY Average target price
39.87
CNY Spread / Average Target +14.77% Consensus |
1st Jan change
|
Capi.
|
---|
| +24.87% | 120B | | +18.00% | 576B | | +17.91% | 310B | | +21.99% | 254B | | +22.33% | 210B | | +24.95% | 188B | | +30.54% | 172B | | +9.11% | 163B | | +7.40% | 149B | | -11.24% | 139B |
Other Banks
|