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Rightway Holdings Co.,ltd. (600321.SS)
Key financial summary
Financials in CNY| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | CNY m | 1,969 | 1,411 | 731 | 1,263 | 680 | 802 | 526 |
| Operating profit | CNY m | -126 | -163 | |||||
| Net profit | CNY m | 36 | 22 | -768 | 44 | -195 | -125 | -155 |
| EPS reported | CNY | -0.08 | -0.10 | |||||
| Operating cashflow per share | CNY | 0.38 | 0.38 | |||||
| Capex per share | CNY | 0.00 | 0.00 | |||||
| FCF per share | CNY | 0.38 | 0.38 | |||||
| Free cash flow | CNY m | 569 | 492 | |||||
| Net debt | CNY m | 1,885 | 1,932 | |||||
| Book value equity | CNY m | 1,431 | 1,417 | |||||
| Book value per share | CNY | 0.95 | 0.94 | |||||
| Number of shares | m | 1,508.89 | 1,507.25 | |||||
| DPS (TTM paid) | CNY | 0.15 | 0.00 |
Financial summary
Financials in CNY| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | - | - | |||||
| P/B LTM | x | 1.89 | 0.53 | |||||
| P/S LTM | x | 3.37 | 1.43 | |||||
| P/FCF LTM | x | 4.75 | 1.53 | |||||
| EV/EBITDA LTM | x | -843.02 | -27.88 | |||||
| EV/Sales LTM | x | 5.72 | 5.11 | |||||
| Earnings Yield LTM | % | -4.63% | -16.58% | |||||
| FCF Yield | % | 21.07% | 65.17% | |||||
| Quality | ||||||||
| ROE | % | -8.74% | -8.28% | |||||
| ROIC | % | -3.37% | -3.37% | |||||
| Operating margin | % | -15.68% | -15.68% | |||||
| Gross margin | % | 8.42% | 8.42% | |||||
| FCF/Sales | % | 70.99% | 70.99% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | - | - | |||||
| Sales Growth YoY | % | +17.85% | -41.66% | |||||
| Net Income Growth YoY | % | - | - | |||||
| FCF Growth | % | +521.28% | - | |||||
| Operating Profit Growth | % | - | - | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 8.60% | 0.00% | |||||
| Dividend Growth | % | - | - | |||||
| Payout Ratio | % | -185.80% | -154.13% | |||||
| FCF/Debt | x | 0.26 | 0.23 | |||||
| Net Debt/EBITDA | x | -346.47 | -346.47 | |||||
| EBIT/Net interest | x | -16.45 | -16.45 | |||||
| Net debt/market cap | % | 69.78% | 256.03% | |||||
| Net debt/Equity | x | 1.32 | 1.36 | |||||
| Gross debt/equity | x | 1.52 | 1.48 | |||||
Company overview
Rightway Holdings Co., Ltd. is a multifaceted enterprise with a primary focus on the global manufacturing and sale of engineered wood products, specifically wood-based panels and fiberboards. Its diverse operations extend to strategic investments, including equity stakes and mergers and acquisitions; commodity trading (covering grains, chemicals, and raw timber); and sheet metal fabrication. The company also provides international trade facilitation, offering import/export agency and freight forwarding services. A substantial portion of its business is dedicated to the construction and engineering sector, encompassing general contracting, curtain wall systems, municipal public works, highway infrastructure (both subgrade and pavement), steel structure erection, and comprehensive construction and interior decoration services. The group further diversifies its portfolio with hotel operations. Rightway Holdings is headquartered in Chengdu, China.
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For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Rightway Holdings Co.,ltd. (600321.SS)
Rightway Holdings Co., Ltd. is a multifaceted enterprise with a primary focus on the global manufacturing and sale of engineered wood products, specifically wood-based panels and fiberboards. Its diverse operations extend to strategic investments, including equity stakes and mergers and acquisitions; commodity trading (covering grains, chemicals, and raw timber); and sheet metal fabrication. The company also provides international trade facilitation, offering import/export agency and freight forwarding services. A substantial portion of its business is dedicated to the construction and engineering sector, encompassing general contracting, curtain wall systems, municipal public works, highway infrastructure (both subgrade and pavement), steel structure erection, and comprehensive construction and interior decoration services. The group further diversifies its portfolio with hotel operations. Rightway Holdings is headquartered in Chengdu, China.
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