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Guangdong Highsun Group Co.,Ltd. (000861.SZ)
Key financial summary
Financials in CNY| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | CNY m | 2,507 | 2,436 | 1,302 | 1,220 | 1,160 | 944 | 956 |
| Operating profit | CNY m | -150 | -105 | |||||
| Net profit | CNY m | 138 | 139 | 32 | -676 | -401 | -154 | 56 |
| EPS reported | CNY | -0.06 | 0.02 | |||||
| Operating cashflow per share | CNY | 0.15 | 0.15 | |||||
| Capex per share | CNY | 0.03 | 0.03 | |||||
| FCF per share | CNY | 0.13 | 0.13 | |||||
| Free cash flow | CNY m | 305 | 360 | |||||
| Net debt | CNY m | 4,034 | 3,179 | |||||
| Book value equity | CNY m | 3,076 | 3,188 | |||||
| Book value per share | CNY | 1.22 | 1.27 | |||||
| Number of shares | m | 2,510.78 | 2,510.28 | |||||
| DPS (TTM paid) | CNY | 0.08 | 0.00 |
Financial summary
Financials in CNY| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | - | - | |||||
| P/B LTM | x | 1.55 | 0.49 | |||||
| P/S LTM | x | 5.03 | 1.63 | |||||
| P/FCF LTM | x | 15.56 | 4.32 | |||||
| EV/EBITDA LTM | x | 26.43 | 12.01 | |||||
| EV/Sales LTM | x | 9.31 | 4.95 | |||||
| Earnings Yield LTM | % | -3.25% | -10.47% | |||||
| FCF Yield | % | 6.42% | 23.14% | |||||
| Quality | ||||||||
| ROE | % | -5.02% | -4.88% | |||||
| ROIC | % | -2.00% | -2.00% | |||||
| Operating margin | % | -15.88% | -15.88% | |||||
| Gross margin | % | 44.60% | 44.60% | |||||
| FCF/Sales | % | 32.34% | 32.34% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | - | - | |||||
| Sales Growth YoY | % | -18.59% | -3.79% | |||||
| Net Income Growth YoY | % | - | - | |||||
| FCF Growth | % | -59.38% | - | |||||
| Operating Profit Growth | % | - | - | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 4.04% | 0.00% | |||||
| Dividend Growth | % | - | - | |||||
| Payout Ratio | % | -124.52% | 364.18% | |||||
| FCF/Debt | x | 0.07 | 0.09 | |||||
| Net Debt/EBITDA | x | 12.13 | 12.13 | |||||
| EBIT/Net interest | x | -0.67 | -0.67 | |||||
| Net debt/market cap | % | 84.87% | 204.33% | |||||
| Net debt/Equity | x | 1.31 | 1.00 | |||||
| Gross debt/equity | x | 1.34 | 1.24 | |||||
Company overview
Guangdong Highsun Group Co.,Ltd. is a prominent Chinese enterprise primarily engaged in the development and management of urban commercial properties. Its portfolio encompasses a diverse array of real estate assets, including retail shopping centers, specialized theme malls, wholesale markets, and large-scale commercial complexes, all within China. Beyond its core property operations, which include both leased properties and self-developed projects, the company has diversified into several other sectors. These include advanced warehousing and logistics solutions, industrial park development, cloud computing services, hospitality management, and the operation of new energy vehicles and associated charging infrastructure. Furthermore, Highsun Group provides a range of financial services, holding licenses for internet microfinance, financial leasing, commercial factoring, and third-party payment processing. The company, founded in 1991, maintains its headquarters in Guangzhou, China.
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Guangdong Highsun Group Co.,Ltd. (000861.SZ)
Guangdong Highsun Group Co.,Ltd. is a prominent Chinese enterprise primarily engaged in the development and management of urban commercial properties. Its portfolio encompasses a diverse array of real estate assets, including retail shopping centers, specialized theme malls, wholesale markets, and large-scale commercial complexes, all within China. Beyond its core property operations, which include both leased properties and self-developed projects, the company has diversified into several other sectors. These include advanced warehousing and logistics solutions, industrial park development, cloud computing services, hospitality management, and the operation of new energy vehicles and associated charging infrastructure. Furthermore, Highsun Group provides a range of financial services, holding licenses for internet microfinance, financial leasing, commercial factoring, and third-party payment processing. The company, founded in 1991, maintains its headquarters in Guangzhou, China.
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