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Fu Shou Yuan International Group Limited (1448.HK)
Key financial summary
Financials in CNY| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | CNY m | 1,851 | 1,893 | 2,326 | 2,172 | 2,628 | 2,077 | 1,588 |
| Operating profit | CNY m | 710 | - | |||||
| Net profit | CNY m | 579 | 620 | 720 | 659 | 791 | 373 | -187 |
| EPS reported | CNY | 0.16 | -0.09 | |||||
| Operating cashflow per share | CNY | 0.32 | 0.32 | |||||
| Capex per share | CNY | 0.03 | 0.03 | |||||
| FCF per share | CNY | 0.29 | 0.29 | |||||
| Free cash flow | CNY m | 653 | 326 | |||||
| Net debt | CNY m | -2,804 | -2,075 | |||||
| Book value equity | CNY m | 5,561 | 4,291 | |||||
| Book value per share | CNY | 2.45 | 1.89 | |||||
| Number of shares | m | 2,271.06 | 2,271.06 | |||||
| DPS (TTM paid) | CNY | 0.32 | 0.16 |
Financial summary
Financials in CNY| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | 22.67 | - | |||||
| P/B LTM | x | 1.48 | 1.19 | |||||
| P/S LTM | x | 3.96 | 3.23 | |||||
| P/FCF LTM | x | 12.61 | 15.73 | |||||
| EV/EBITDA LTM | x | 6.55 | 6.88 | |||||
| EV/Sales LTM | x | 3.05 | 1.92 | |||||
| Earnings Yield LTM | % | 4.41% | 7.28% | |||||
| FCF Yield | % | 7.93% | 6.36% | |||||
| Quality | ||||||||
| ROE | % | 6.71% | 6.50% | |||||
| ROIC | % | 6.16% | 6.16% | |||||
| Operating margin | % | 34.17% | 34.17% | |||||
| Gross margin | % | 64.88% | 64.88% | |||||
| FCF/Sales | % | 31.43% | 31.43% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | -54.29% | - | |||||
| Sales Growth YoY | % | -20.95% | -27.92% | |||||
| Net Income Growth YoY | % | -52.84% | - | |||||
| FCF Growth | % | -38.30% | -56.34% | |||||
| Operating Profit Growth | % | -48.27% | - | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 8.75% | 7.10% | |||||
| Dividend Growth | % | -58.61% | - | |||||
| Payout Ratio | % | 193.07% | 1.93% | |||||
| FCF/Debt | x | 4.04 | 2.42 | |||||
| Net Debt/EBITDA | x | -1.96 | -1.96 | |||||
| EBIT/Net interest | x | 43.23 | 43.23 | |||||
| Net debt/market cap | % | -34.05% | -40.51% | |||||
| Net debt/Equity | x | -0.50 | -0.48 | |||||
| Gross debt/equity | x | 0.03 | 0.03 | |||||
Company overview
Fu Shou Yuan International Group Limited, along with its various subsidiaries, serves as a leading provider of deathcare and interment solutions throughout the People's Republic of China. Its business activities are categorized into three main divisions: Burial Services, Funeral Services, and a segment designated as "Other Services." The Burial Services segment is responsible for the sale of gravesites and the ongoing upkeep and maintenance of cemetery grounds. In the Funeral Services division, the company orchestrates the thorough planning of memorial services, their organization, execution, and the subsequent burial process. The "Other Services" segment offers a diverse range of provisions, including the production and sale of cremation machinery, alongside associated servicing. This segment also encompasses landscape and garden architectural and construction services. Additionally, the company provides floral arrangements and design expertise, as well as sales and post-purchase support for its cremation devices. A further offering from the company involves the sale of agricultural produce. As of December 31, 2021, the group managed an extensive network comprising 32 cemeteries and 30 funeral establishments. Founded in 1994, Fu Shou Yuan International Group Limited's corporate headquarters are situated in Shanghai, China.
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Fu Shou Yuan International Group Limited (1448.HK)
Fu Shou Yuan International Group Limited, along with its various subsidiaries, serves as a leading provider of deathcare and interment solutions throughout the People's Republic of China. Its business activities are categorized into three main divisions: Burial Services, Funeral Services, and a segment designated as "Other Services." The Burial Services segment is responsible for the sale of gravesites and the ongoing upkeep and maintenance of cemetery grounds. In the Funeral Services division, the company orchestrates the thorough planning of memorial services, their organization, execution, and the subsequent burial process. The "Other Services" segment offers a diverse range of provisions, including the production and sale of cremation machinery, alongside associated servicing. This segment also encompasses landscape and garden architectural and construction services. Additionally, the company provides floral arrangements and design expertise, as well as sales and post-purchase support for its cremation devices. A further offering from the company involves the sale of agricultural produce. As of December 31, 2021, the group managed an extensive network comprising 32 cemeteries and 30 funeral establishments. Founded in 1994, Fu Shou Yuan International Group Limited's corporate headquarters are situated in Shanghai, China.
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