NEW HOPE LIUHE CO.,LTD. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 9.19 CNY | +0.55% |
|
+0.55% | -1.39% |
| Jun. 07 | New Hope Liuhe's Pig Sales Decline in May | MT |
| May. 08 | New Hope Liuhe's Pig Sales Revenue Slides 1% in April | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 82,650 | 99,273 | 67,465 | 57,696 | 42,099 | 41,512 | - | - |
| Enterprise Value (EV) 1 | 82,650 | 128,635 | 116,869 | 110,826 | 91,647 | 80,016 | 74,670 | 73,771 |
| P/E ratio | 16.4 x | 19.1 x | -6.91 x | -35.9 x | 233 x | 159 x | 10.9 x | 10.4 x |
| Yield | 0.75% | - | - | - | - | 0.2% | 1.18% | 1.07% |
| Capitalization / Revenue | 1.01 x | 0.9 x | 0.53 x | 0.41 x | 0.3 x | 0.33 x | 0.29 x | 0.28 x |
| EV / Revenue | 1.01 x | 1.17 x | 0.93 x | 0.78 x | 0.65 x | 0.64 x | 0.53 x | 0.5 x |
| EV / EBITDA | 10.3 x | 12.9 x | -78.2 x | 26.3 x | 20.5 x | 11.5 x | 7.01 x | 6.18 x |
| EV / FCF | - | - | -7,182,946 x | 41,158,853 x | - | - | - | - |
| FCF Yield | - | - | -0% | 0% | - | - | - | - |
| Price to Book | 3.23 x | 2.67 x | 2.47 x | 2.25 x | 1.95 x | 1.66 x | 1.5 x | 1.33 x |
| Nbr of stocks (in thousands) | 4,142,848 | 4,431,843 | 4,435,573 | 4,469,125 | 4,517,090 | 4,517,094 | - | - |
| Reference price 2 | 19.95 | 22.40 | 15.21 | 12.91 | 9.320 | 9.190 | 9.190 | 9.190 |
| Announcement Date | 3/31/20 | 3/4/21 | 4/27/22 | 4/28/23 | 4/29/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 82,051 | 109,825 | 126,262 | 141,508 | 141,703 | 125,263 | 142,039 | 146,114 |
| EBITDA 1 | 8,023 | 10,000 | -1,495 | 4,219 | 4,480 | 6,984 | 10,648 | 11,937 |
| EBIT 1 | 6,669 | 6,730 | -6,955 | -587 | 300.3 | 1,068 | 4,259 | 5,869 |
| Operating Margin | 8.13% | 6.13% | -5.51% | -0.41% | 0.21% | 0.85% | 3% | 4.02% |
| Earnings before Tax (EBT) 1 | 6,431 | 6,164 | -9,091 | -1,760 | -681.8 | 446.4 | 3,933 | 4,705 |
| Net income 1 | 5,042 | 4,944 | -9,591 | -1,461 | 249.2 | 263.4 | 3,838 | 4,024 |
| Net margin | 6.14% | 4.5% | -7.6% | -1.03% | 0.18% | 0.21% | 2.7% | 2.75% |
| EPS 2 | 1.220 | 1.170 | -2.200 | -0.3600 | 0.0400 | 0.0576 | 0.8444 | 0.8845 |
| Free Cash Flow | - | - | -16,270 | 2,693 | - | - | - | - |
| FCF margin | - | - | -12.89% | 1.9% | - | - | - | - |
| FCF Conversion (EBITDA) | - | - | - | 63.82% | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - | - |
| Dividend per Share 2 | 0.1500 | - | - | - | - | 0.0188 | 0.1083 | 0.0981 |
| Announcement Date | 3/31/20 | 3/4/21 | 4/27/22 | 4/28/23 | 4/29/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2020 S1 | 2021 Q4 | 2022 S1 | 2022 Q3 | 2022 Q4 |
|---|---|---|---|---|---|
| Net sales 1 | - | 31,786 | - | - | 41,088 |
| EBITDA | - | - | - | - | - |
| EBIT 1 | - | -2,996 | - | - | 1,910 |
| Operating Margin | - | -9.43% | - | - | 4.65% |
| Earnings before Tax (EBT) | - | - | - | - | - |
| Net income | 3,164 | - | -4,140 | 1,433 | - |
| Net margin | - | - | - | - | - |
| EPS 2 | - | -0.7200 | -0.9300 | 0.3200 | 0.2500 |
| Dividend per Share | - | - | - | - | - |
| Announcement Date | 8/28/20 | 4/27/22 | 8/31/22 | 10/30/22 | 4/28/23 |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | 29,362 | 49,404 | 53,130 | 49,547 | 38,504 | 33,158 | 32,259 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | 2.936 x | -33.05 x | 12.59 x | 11.06 x | 5.513 x | 3.114 x | 2.702 x |
| Free Cash Flow | - | - | -16,270 | 2,693 | - | - | - | - |
| ROE (net income / shareholders' equity) | 20.6% | 16.1% | -28.6% | -5.55% | 0.71% | 4.34% | 12% | 12% |
| ROA (Net income/ Total Assets) | 8.99% | 5.69% | -7.92% | -1.08% | 0.2% | 0.72% | 1.75% | 2.07% |
| Assets 1 | 56,078 | 86,832 | 121,089 | 134,705 | 124,598 | 36,755 | 219,314 | 194,414 |
| Book Value Per Share 2 | 6.180 | 8.400 | 6.160 | 5.740 | 4.790 | 5.530 | 6.140 | 6.910 |
| Cash Flow per Share 2 | 1.050 | 1.260 | 0.1100 | 2.040 | 3.060 | 0.3000 | 2.700 | 2.430 |
| Capex 1 | 8,821 | 33,410 | 16,772 | 6,546 | 3,320 | 2,393 | 3,055 | 3,200 |
| Capex / Sales | 10.75% | 30.42% | 13.28% | 4.63% | 2.34% | 1.91% | 2.15% | 2.19% |
| Announcement Date | 3/31/20 | 3/4/21 | 4/27/22 | 4/28/23 | 4/29/24 | - | - | - |
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
B-
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
8
Last Close Price
9.19
CNY
Average target price
10.14
CNY
Spread / Average Target
+10.32%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -1.39% | 5.71B | |
| +6.21% | 10.87B | |
| +20.41% | 5.33B | |
| +4.98% | 5.31B | |
| -32.72% | 2.27B | |
| -27.07% | 1.07B | |
| +43.51% | 996M | |
| -22.08% | 824M | |
| -29.59% | 811M | |
| -14.85% | 696M |
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- Financials New Hope Liuhe Co.,Ltd.
