SSE: 600323 - Grandblue Environment Co., Ltd.

Yield per half year: +11.4%
Dividend yield: 0.00%
Sector: Utilities

Reporting Grandblue Environment Co., Ltd.

Capitalization

IFRS

Reporting Annual Quarterly

	2015	2016	2017	2018	2019	2020	2021	2022	2023	LTM	5 year average	CAGR 5
Капитализация, млрд ¥										15.16
Выручка, млрд ¥	3.36	3.69	4.2	4.85	6.16	7.48	11.78	12.88	12.54	12.54	10.17	15.28
Чистая прибыль, млрд ¥	0.4029	0.5086	0.6522	0.8755	0.9126	1.06	1.16	1.15	1.43	1.43	1.14	9.40
EV, млрд ¥				14.29	19.7	26.23	25.68	25.3	25.25	25.25	24.43	5.09
EBIT, млрд ¥	0.7387	1.52	1.02	1.14	1.25	1.52	1.84	1.77			1.50	9.20
EBITDA, млрд ¥			1.68	1.94	2.08	2.56	2.78	2.87	2.07	2.87	2.47	-0.10
Баланс стоимость, млрд ¥	4.39	4.82	5.32	5.83	6.56	7.56	9.9	10.88	12.12	12.12	9.40	13.06
FCF, млрд ¥			0.478	-0.2479	-2.33	-1.61	-1.13	-1.97	0.434	0.434	-1.3212	-171.45
Операционный денежный поток, млрд ¥	1.26	1.18	1.51	1.65	1.32	1.96	0.8783	0.4225	2.48	2.48	1.41	13.44
Операционная прибыль, млрд ¥	0.7387	0.6165	0.8927	0.9586	1.06	1.6	1.95	1.9	2.42	2.42	1.79	17.95
Операционные расходы, млрд ¥	2.62	2.87	3.13	3.68	4.88	5.88	9.82	10.97	10.13	10.13	8.34	15.73
CAPEX, млрд ¥	1.32	0.8179	1.03	1.9	3.65	3.56	2	2.39	2.05	2.05	2.73	-10.90

	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	5 quarters average	CAGR 5
Выручка, млрд ¥							3.41	3.47	3.27	2.8	3.13	3.03	3.58	2.72	3.11	2.91	3.07	-0.80
Чистая прибыль, млрд ¥							0.3905	0.3181	0.2786	0.3101	0.3797	0.476	0.2637	0.381	0.5062	0.4981	0.4250	0.91
EV, млрд ¥							26.26	25.81	24.72	25.62	25.91	24.09	25.25	24.14	28.68	30.34	26.50	4.72
EBIT, млрд ¥	0.404	0.387	0.5385	0.4799	0.4335	0.339	0.565	0.5188	0.3447		0.5924						0.4720	11.81
EBITDA, млрд ¥		0.4012	0.5817	0.4882	0.4402	0.3613	0.5928	0.5073	0.449	0.5258	0.6161						0.5382	0.77
Баланс стоимость, млрд ¥							10.28	10.6	10.88	11.18	11.39	11.86	12.12	12.49	12.6	13.12	12.44	2.04
FCF, млрд ¥							-0.4153	-0.384	-0.1728	-0.7165	-0.0899	0.9912	0.2492	-0.1154	-0.0418	0.2283	0.2623	-25.45
Операционный денежный поток, млрд ¥	0.736	0.4763	0.5981	0.5766	-0.7727	-0.1122	0.128	0.0869	0.3198	-0.1916							0.0462	11.30
Операционная прибыль, млрд ¥							0.6347	0.5317	0.3971	0.5418	0.6528	0.7069	0.5137	0.6284	0.7984	0.7462	0.6787	1.09
Операционные расходы, млрд ¥							2.77	2.94	2.87	2.26	2.47	2.33	3.07	2.09	2.31	2.16	2.39	-1.50
CAPEX, млрд ¥							0.5433	0.4714	0.4922	0.5249	0.5507	0.3707	0.6019	0.4571	0.6411	0.1736	0.4489	-14.08

Cash flow Cash flow quarterly Assets

Balance sheet

IFRS

Reporting Annual Quarterly

	2004	2005	2006	2010	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	LTM	5 year average	CAGR 5
Наличность, млрд ¥						1.38	1.17	1.29	1.22	0.9929	1.02	1.31	1.11	1.52	1.52	1.19	8.89
Short Term Investments ¥	0.0092	0.009	0.0039	0.019												0.0103	19.88
Long term investments ¥						0.0395	0.1807	0.395	0.4152							0.2576	80.06
Total Receivables ¥						0.2829	0.3233	0.4396	0.5398	1.01	1.03	1.73	2.78	3.27	3.27	1.96	26.49
Total Current Assets ¥						1.93	1.81	2.1	2.4	3.27	3.71	4.85	6.43	7.81	7.81	5.21	19.02
Чистые активы, млрд ¥						4.73	4.69	4.88	6.03	8.83	9.67	5.82	6.12	7	6.43	7.49	-4.54
Активы, млрд ¥						12.36	13.27	14.11	16.49	21.07	24.93	29.28	33.29	35.8	35.8	28.87	11.18
Short Term Debt ¥						1.11	0.8464	0.045	0.2398	1.27	1.16	0.8562	1.78	1.96	1.96	1.41	9.07
Long Term Debt ¥						3.16	3.45	3.83	4.65	5.61	7.06	9.02	9.58	10.85	10.85	8.42	14.10
Задолженность, млрд ¥						7.45	7.73	8.01	10.07	13.94	16.76	18.74	21.69	22.96	22.96	18.82	10.49
Чистый долг, млрд ¥								2.41	3.54	5.8	7.2	8.57	10.25	11.29	11.29	8.62	14.25
Долг, млрд ¥						4.27	4.3	3.87	4.89	6.88	8.22	9.88	11.36	12.81	15.6	9.83	13.24
Interest income ¥							0.014	0.0147	0.0152	0.0219	0.0123	0.0124	0.0114	0.0176		0.0151	-4.28
Расходы на обслуживание долга ¥									0.2261	0.2424	0.3354	0.4751	0.5008	0.0055	0.0055	0.3118	-53.10
Чист. проц. доходы, млрд ¥							-0.206	-0.1781	-0.214	-0.2241	-0.3273	-0.4661	-0.4939	0.0067	0.0176	-0.3009	-149.56
Goodwill ¥					0.3271	0.3959	0.3271	0.3271	0.3271	0.4131	0.4131	0.4131	0.4131	0.4131		0.4131	0.00
Себестоимость, млрд ¥						2.3	2.5	2.87	3.4	4.43	5.27	9.07	10.24	9.38	9.38	7.68	16.19
Товарно материальные запасы ¥						0.1386	0.223	0.1844	0.1797	0.3549	0.5535	0.2705	0.2639	0.2352	0.2352	0.3356	-7.90

	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	5 quarters average	CAGR 5
Наличность, млрд ¥														1.22	1.22	1.11	1.03	1.42	2.37	1.52	1.82	1.95	1.69	1.87	-6.54
Long term investments ¥	0.403	0.4046	0.4152	0.4248	0.4382	0.4624																		0.4290	2.71
Total Receivables ¥														3.26	3.75	4.08	3.21	3.53	3.28	3.27	3.8	4.36	4.86	3.91	8.18
Total Current Assets ¥														5.81	6.34	6.43	7	8.02	8.6	7.81	8.46	8.87	9.32	8.61	1.62
Чистые активы, млрд ¥								9.67	8.41	8.51	8.76	5.82	5.89	5.98	5.96	6.12	7							6.19	3.51
Активы, млрд ¥														31.38	32.48	33.29	34.18	35.4	36.14	35.8	36.54	37.1	37.47	36.61	0.73
Short Term Debt ¥														1.17	1.25	1.78	1.61	1.7	1.9	1.96	1.8	2.15	2.25	2.01	3.44
Long Term Debt ¥														9.77	10.11	9.58	10.63	10.2	10.26	10.85	11.34	11.75	11.97	11.23	3.13
Задолженность, млрд ¥														20.43	21.19	21.69	22.3	23.31	23.58	22.96	23.32	23.75	23.65	23.45	0.06
Чистый долг, млрд ¥														9.72	10.14	10.25	11.21	10.48	9.79	11.29	11.31	11.95	12.53	11.37	5.06
Долг, млрд ¥				5.49	5.89	6.81	6.88											11.9	12.16	12.81	13.13	13.9	14.22	13.24	3.18
Interest income ¥											0.0076	0.0036	0.0061	0.0057	0.0056	0.0288	0.0087	0.0217	-0.0312	0.0357				0.0127	4.39
Расходы на обслуживание долга ¥														0.1254	0.1288	0.1193	0.1267	0.141	0.1386	0.3975	0.1237	0.1335	0.1414	0.1869	0.40
Чист. проц. доходы, млрд ¥												-0.1409	-0.1224	-0.121	-0.1245	-0.126	-0.122	-0.135	-0.1443	0.4046	0.0064			0.0019	-155.46
Goodwill ¥											0.4131	0.4131	0.4131	0.4131	0.4131	0.4131	0.4131	0.4131	0.4131	0.4131				0.4131	0.00
Себестоимость, млрд ¥														2.61	2.78	2.64	2.1	2.29	2.14	2.85	1.91	2.1	1.98	2.20	-1.54
Товарно материальные запасы ¥														0.2873	0.308	0.2639	0.279	0.2909	0.2801	0.2352	0.2702	0.2647	0.2764	0.2653	-0.27

Share

IFRS

Reporting Annual Quarterly

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	LTM	5 year average	CAGR 5
EPS	0.5309	0.6587	0.85	1.14	1.19	1.35	1.49	1.41	1.75			1.75	1.44	8.02
Цена акции ао			15.95	14.03	17.54	24.81	20.98	18.46	17.33	23.62	22.35	22.35	20.55	1.27
Число акций ао, млн				766.26	766.26	766.7	815.35	815.35	815.35			815.35	795.80	1.25
FCF/акцию				-0.3236	-3.04	-2.1	-1.38	-2.42	0.5322			0.5322	-1.6816	-170.57

	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	5 quarters average	CAGR 5
EPS				0.48	0.39	0.3417	0.34	0.4658	0.5838	0.3235	0.4673	0.6208	0.611	0.5213	0.91
Цена акции ао	22.94	21.79	19.78	19.33	20.45	18.85	18.4	19.15	18.35	17.31				18.41	-1.69
FCF/акцию				-0.5094	-0.471	-0.2119	-0.8787	-0.1103	1.22	0.3056	-0.1415	-0.0512	0.28	0.3226	-25.50

	5 quarters average	CAGR 5

Efficiency

IFRS

Reporting Annual Quarterly

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	LTM	Industry average	5 year average	CAGR 5
ROE, %	9.17	10.54	12.25	15.01	13.92	13.99	11.75	11.03	12.43			12.43	10.39	12.62	-2.24
ROA, %	3.26	3.83	4.62	5.31	4.33	4.24	3.97	3.66	4.14			4.14	3.26	4.07	-0.89
ROIC, %	8.53	9.08	10.95	11.74	10.36	10.68	9.51	8.43						10.14	-6.41
ROS, %			15.52	18.06	14.81	14.13	9.88	8.9	11.4	11.4	11.4	11.4	46.56	10.60	2.90
ROCE, %	15.03	27.44	16.72	17.82	17.46	18.62	17.45	7.55			0	0	0.00	15.78	-15.78
Ebit margin, %					20.22	20.33	15.61	13.73			0	0		17.47	-9.22
Рентаб EBITDA, %			39.95	40.06	33.71	34.27	23.62	22.28	16.02		22.88	22.88	64.69	23.81	-7.76
Чистая рентаб, %	12	13.78	15.52	18.06	14.81	14.13	9.88	8.9	11.4			11.4	46.56	11.82	-5.10
Operation Margin, %			21.24	19.77	17.2	21.4	16.59	14.78	19.26	19.26	19.26	19.26	22.62	17.83	3.03

	2019Q1	2019Q2	2019Q3	2019Q4	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	Industry average	5 quarters average	CAGR 5
ROE, %											3.8	3	2.56	2.77	3.34	4.26	2.3	3.23	4.18	4.01	10.39	3.60	-1.20
ROA, %											1.24	0.9795	0.8371	0.9074	1.07	1.33	0.7332	1.05	1.37	1.34	3.26	1.16	0.15
ROIC, %	2.16	2.82	3.73	2.31											2.21	3.28	1.65	1.93	2.4	3.72		2.60	2.55
ROS, %											11.46	9.15	8.53	11.07	12.15	15.69	7.37	14.03	16.28	17.14	46.56	14.10	1.78
ROCE, %					4.94	4.48	5.64	4.85	4.12	3.17	5.16	4.6	2.97		4.9						0.00	4.16	9.10
Ebit margin, %															18.95							18.95	0.00
Рентаб EBITDA, %						19.43	23.4	18.98	9.46	13.25	17.39	14.6	13.75	18.76	19.71						64.69	16.84	2.54
Чистая рентаб, %											11.46	9.15	8.53	11.07	12.15	15.69	7.37	14.03	16.28	17.14	46.56	14.10	1.78
Operation Margin, %											18.62	15.3	12.16	19.34	20.89	23.29	14.35	23.14	25.68	25.67	22.62	22.43	1.97

Coefficients

IFRS

Reporting Annual Quarterly

	2017	2018	2019	2020	2021	2022	2023	2024	2025	LTM	Industry average	5 year average	CAGR 5
P/E		12.28	15.23	17.99	14.7	13.13	9.76			9.76	13.96	14.16	-8.51
P/BV		1.67	1.95	2.33	1.62	1.3	1.09			1.09	1.06	1.66	-10.98
P/S		2.22	2.26	2.54	1.45	1.17	1.11			1.11	7.03	1.71	-13.26
P/FCF							-7.69	34.93	34.93	34.93	-69.21	20.72	-265.61
E/P							0.0756	0.0943	0.0943	0.0943	0.08	0.0881	7.65
EV/EBIT			15.82	17.24	13.96	14.32		0	0	0		15.34	-2.46
EV/EBITDA		7.36	9.49	10.23	9.23	8.82	12.62			8.62	11.58	10.08	5.87
EV/S			3.2	3.51	2.18	1.97	2.01	2.01	2.01	2.01	9.69	2.04	-1.61
EV/FCF			-8.46	-16.3	-22.82	-12.84	58.18	58.18	58.18	58.18	-84.53	27.78	-220.58
Debt/EBITDA	2.31	2.52	3.32	3.21	3.55	3.96	5.44	5.44	5.44	5.44	7.83	4.77	8.91
Netdebt/Ebitda	1.44	1.82	2.8	2.81	3.08	3.57	3.57	3.93	3.93	3.93	5.94	3.62	4.99
Debt/Ratio	0.2744	0.2968	0.3267	0.3298	0.3373	0.3413	0.3579	0.4358	0.4358	0.4358	0.47	0.3816	5.26
Debt/Equity	0.7273	0.8389	1.05	1.09	0.9972	1.04	1.06	2.43	1.79	1.79	6.52	1.46	12.41
Debt/Net Income	5.94	5.59	7.54	7.77	8.49	9.91	8.96	10.91	10.91	10.91	22.33	9.84	5.14
PEG									119.85	119.85		119.85	0.00
Бета							1.14	0.4379	0.1653	0.1653	0.03	0.5811	-47.46
Индекс Альтмана							1.55	1.45	1.45	1.45	1.36	1.48	-2.20

	2019Q1	2019Q2	2019Q3	2019Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2025Q1	2025Q2	Industry average	5 quarters average	CAGR 5
P/E										15.23	14.21	12.62	11.1	12	9.9	9.76	8.55	10.28	10.8			13.96	9.86	1.76
P/BV										1.51	1.39	1.25	1.21	1.28	1.14	1.09	0.97	1.25	1.29			1.06	1.15	2.50
P/S										1.24	1.1	1.12	1.11	1.22	1.17	1.11	1.03	1.34	1.45			7.03	1.22	4.38
EV/EBIT														43.75									43.75	0.00
EV/EBITDA									13.18	13.95	13.57	12.94	12.35	12.35								11.58	13.03	-2.41
EV/S														8.29	7.94	7.05	8.89	9.23	10.44			9.69	8.71	5.63
EV/FCF														-288.16	24.31	101.33	-209.21	-686.4	132.92			-84.53	-127.4100	40.46
Debt/EBITDA														19.31								7.83	19.31	0.00
Netdebt/Ebitda					18.66	11.73	13.98	19.47	26.17	16.4	19.98	22.84	21.32	17.01								5.94	19.51	0.73
Debt/Ratio	0.3207	0.3237	0.3531	0.3267										0.3361	0.3364	0.3579	0.3594	0.3748	0.3795			0.47	0.3616	2.44
Debt/Equity	0.9119	0.9601	1.06	1.05										1.04	1.03	1.06	1.05	1.1	1.08			6.52	1.06	0.95
Debt/Net Income	28.78	21.81	24.74	39.06										31.33	25.54	48.58	34.47	27.47	28.54			22.33	32.92	2.25
Бета																				0.0628	0.6084	0.03	0.3356	211.25
Индекс Альтмана																				1.45	1.45	1.36	1.45	0.00

Dividends

IFRS

Reporting Annual Quarterly

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2025	LTM	Industry average	5 year average	CAGR 5
Див.выплата, млрд	0.336	0.3196	0.3551	0.3846	0.4795	0.5848	0.6272	0.7285	-0.7285		0.7318		0.3383	-208.72
Дивиденд	0.1	0.1	0.2	0.2	0.2	0.22	0.22	0.22	0.22		0		0.2160	1.92
Див доход, ао, %	0.6257	0.7453	1.36	1.4	1.2	0.9388	0.9427	1.07	1.16		0	0.00	1.06	-0.68
Дивиденды / прибыль, %	83.4	62.85	54.45	43.93	52.54	55.3	53.91	62.66	50.96		50.96	109.20	55.07	-0.61
Dividend Coverage Ratio										1.95	1.95		1.95	0.00

	2014Q2	2015Q3	2016Q3	2017Q3	2018Q3	2019Q3	2020Q3	2021Q3	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	Industry average	5 quarters average	CAGR 5
Див.выплата, млрд									0.1432	0.2934	0.1327	0.1327	0.1355	0.3126	0.1477	0.1142	0.1307	0.5196		0.2450	10.70
Дивиденд	0.1	0.1	0.1	0.2	0.2	0.2	0.22	0.22		0.22				0.22						0.2160	1.92
Див доход, ао, %	0.8841	0.7334	0.7137	1.4	1.37	1.14	0.8074	0.9591		1.08				1.2					0.00	1.04	1.03
Дивиденды / прибыль, %									36.66	92.23	47.62	42.79	35.67	65.67	56.01	29.98	25.83	104.3	109.20	56.36	9.69

Pay for your subscription

More functionality and data for company and portfolio analysis is available by subscription

Subscribe

Other

IFRS

Reporting Annual

	2023	2024	CAGR 5
Персонал, чел	25782	25782	0.00

	CAGR 5

	CAGR 5