Financials Suzhou Weizhixiang Food Co., Ltd.

Equities

605089

CNE1000052K0

Food Processing

End-of-day quote Shanghai S.E. 06:00:00 2024-07-09 pm EDT 5-day change 1st Jan Change
19.37 CNY -0.15% Intraday chart for Suzhou Weizhixiang Food Co., Ltd. -11.51% -46.99%

Valuation

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Capitalization 1 9,485 7,308 5,043 2,712 - -
Enterprise Value (EV) 1 9,485 6,505 4,202 1,900 1,842 1,819
P/E ratio 65.4 x 51.1 x 37.3 x 20 x 17.2 x 15.9 x
Yield 1.05% 1.09% 1.92% 4.44% 3.61% 4.23%
Capitalization / Revenue 12.4 x 9.15 x 6.31 x 3.34 x 3.04 x 2.79 x
EV / Revenue 12.4 x 8.15 x 5.26 x 2.34 x 2.06 x 1.87 x
EV / EBITDA 65.6 x 39.7 x 26.4 x 15.4 x 12.9 x 11.2 x
EV / FCF 235,135,006 x - - - - -
FCF Yield 0% - - - - -
Price to Book 8.1 x 6.02 x 3.97 x 1.98 x 1.83 x 1.69 x
Nbr of stocks (in thousands) 138,000 138,000 138,000 137,397 - -
Reference price 2 68.73 52.96 36.54 19.37 19.37 19.37
Announcement Date 4/28/22 4/25/23 4/25/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net sales 1 - 764.6 798.3 799.1 811 893.4 973.8
EBITDA 1 - 144.7 163.8 159.4 123.7 143 163
EBIT 1 - 141.1 159.9 149.8 127 145.6 163.1
Operating Margin - 18.45% 20.03% 18.74% 15.66% 16.3% 16.75%
Earnings before Tax (EBT) 1 - 145.7 160 148.9 140.3 157.2 171.2
Net income 1 125.1 132.6 143.2 135.4 133.3 155.2 168.2
Net margin - 17.35% 17.94% 16.95% 16.43% 17.37% 17.27%
EPS 2 1.210 1.051 1.036 0.9800 0.9667 1.123 1.220
Free Cash Flow - 40.34 - - - - -
FCF margin - 5.28% - - - - -
FCF Conversion (EBITDA) - 27.88% - - - - -
FCF Conversion (Net income) - 30.41% - - - - -
Dividend per Share 2 - 0.7246 0.5797 0.7000 0.8600 0.7000 0.8200
Announcement Date 4/6/21 4/28/22 4/25/23 4/25/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 - 229.3 191 202.2 214.8 202 180.2 165.9 194.4 212.7 191.5
EBITDA - - - - - - - - - - -
EBIT 1 - 43.78 37.24 39.57 41.65 36.16 32.41 21.36 29.61 28.81 28.78
Operating Margin - 19.09% 19.5% 19.57% 19.39% 17.9% 17.99% 12.87% 15.23% 13.55% 15.03%
Earnings before Tax (EBT) - - - - - - - - - - -
Net income 70.38 - - - - - - - - - -
Net margin - - - - - - - - - - -
EPS 0.5072 - - - - - - - - - -
Dividend per Share - - - - - - - - - - -
Announcement Date 8/29/22 10/27/22 4/25/23 4/25/23 8/28/23 10/25/23 4/25/24 4/25/24 - - -
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - -
Net Cash position 1 - - 803 841 812 871 893
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow - 40.3 - - - - -
ROE (net income / shareholders' equity) - 29% 11.5% 11% 9.94% 10.6% 10.5%
ROA (Net income/ Total Assets) - 16.1% 11.3% 10.1% 14.3% - -
Assets 1 - 825.7 1,265 1,343 931.9 - -
Book Value Per Share 2 - 8.480 8.800 9.200 9.800 10.60 11.40
Cash Flow per Share 2 - 0.9300 1.140 1.250 0.6600 1.140 1.550
Capex 1 - 87.9 85.9 92.4 28.8 13.8 15.1
Capex / Sales - 11.5% 10.76% 11.57% 3.55% 1.54% 1.55%
Announcement Date 4/6/21 4/28/22 4/25/23 4/25/24 - - -
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
OUTPERFORM
Number of Analysts
5
Last Close Price
19.37 CNY
Average target price
32.97 CNY
Spread / Average Target
+70.23%
Consensus

Quarterly revenue - Rate of surprise

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