XSHG600438
Market cap13bUSD
Dec 24, Last price
23.86CNY
1D
1.10%
1Q
26.02%
Jan 2017
259.09%
Name
Tongwei Co Ltd
Chart & Performance
Profile
Tongwei Co., Ltd. produces and sells feed products in China and internationally. It offers aquatic feed products, including grass carp, crap, crucian, catfish, tilapia, bream, bigmouth, Jiang Tuan, sturgeon, and herring feed, as well as aquatic premix; livestock feed products, such as duck and chicken feed, pig food, and premix for poultry and pigs; aquatic seed products; and medicine products, including Chinese medicine, external disinfection, topical insecticides, and oral vitamins and antibiotics. The company also provides food products, such as fresh and frozen fish, meat, pig, and duck; and farming machinery comprising sow feeders, automatic separators, heat detectors, material towers, auger feed lines, plug trays, nursery and fattening feeders, quantitative buckets, and monomer feeders. In addition, it engages in the aquatic products research, aquaculture, animal health, food processing, and other activities. The company was founded in 1982 and is based in Chengdu, China. Tongwei Co., Ltd. is a subsidiary of Tongwei Group Co., Ltd.
Valuation
Title CNY in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 139,104,062 -2.33% | 142,422,518 124.32% | 63,491,071 43.64% | |||||||
Cost of revenue | 108,297,223 | 92,050,350 | 49,387,730 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 30,806,839 | 50,372,168 | 14,103,340 | |||||||
NOPBT Margin | 22.15% | 35.37% | 22.21% | |||||||
Operating Taxes | 3,805,456 | 5,965,925 | 1,647,522 | |||||||
Tax Rate | 12.35% | 11.84% | 11.68% | |||||||
NOPAT | 27,001,383 | 44,406,243 | 12,455,818 | |||||||
Net income | 13,573,900 -47.25% | 25,733,777 217.34% | 8,109,125 124.76% | |||||||
Dividends | (13,817,251) | (4,105,412) | (1,084,873) | |||||||
Dividend yield | 11.69% | 2.27% | 0.54% | |||||||
Proceeds from repurchase of equity | ||||||||||
BB yield | ||||||||||
Debt | ||||||||||
Debt current | 214,016 | 2,299,866 | 3,862,259 | |||||||
Long-term debt | 46,362,655 | 31,499,704 | 16,852,806 | |||||||
Deferred revenue | 960,698 | 867,530 | 900,674 | |||||||
Other long-term liabilities | 5,053,752 | 4,958,200 | 2,298,195 | |||||||
Net debt | 16,551,970 | (7,340,527) | 17,100,638 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 30,679,304 | 43,817,910 | 7,618,274 | |||||||
CAPEX | (36,452,219) | |||||||||
Cash from investing activities | (45,039,017) | |||||||||
Cash from financing activities | (6,465,142) | 9,246,274 | 2,901,644 | |||||||
FCF | 1,588,033 | 36,291,386 | (7,969,720) | |||||||
Balance | ||||||||||
Cash | 29,482,500 | 41,140,097 | 3,012,549 | |||||||
Long term investments | 542,201 | 601,879 | ||||||||
Excess cash | 23,069,498 | 34,018,971 | 439,874 | |||||||
Stockholders' equity | 57,716,482 | 57,124,204 | 25,548,369 | |||||||
Invested Capital | 100,135,056 | 72,970,770 | 61,814,032 | |||||||
ROIC | 31.20% | 65.89% | 24.32% | |||||||
ROCE | 24.60% | 46.55% | 22.41% | |||||||
EV | ||||||||||
Common stock shares outstanding | 4,723,492 | 4,686,995 | 4,501,548 | |||||||
Price | 25.03 -35.12% | 38.58 -14.19% | 44.96 16.96% | |||||||
Market cap | 118,229,015 -34.62% | 180,824,279 -10.66% | 202,389,606 23.55% | |||||||
EV | 147,081,531 | 185,931,723 | 223,644,274 | |||||||
EBITDA | 37,499,283 | 55,795,488 | 17,251,980 | |||||||
EV/EBITDA | 3.92 | 3.33 | 12.96 | |||||||
Interest | 109,043 | 973,383 | 469,390 | |||||||
Interest/NOPBT | 0.35% | 1.93% | 3.33% |