Financials China Energy Engineering Corporation Limited

Equities

3996

CNE1000023C8

Construction & Engineering

Market Closed - Hong Kong S.E. 01:38:08 27/06/2024 pm IST 5-day change 1st Jan Change
0.83 HKD -2.35% Intraday chart for China Energy Engineering Corporation Limited -4.60% +6.41%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 25,219 18,950 98,508 81,590 74,757 75,426 - -
Enterprise Value (EV) 1 85,755 83,447 98,508 81,590 74,757 75,426 75,426 75,426
P/E ratio 4.94 x 4.17 x 5.66 x 4.46 x 3.94 x 3.95 x 3.16 x -
Yield 3.64% 3.56% 2.09% 3.14% 3.67% 1.26% 1.26% -
Capitalization / Revenue 0.1 x 0.07 x 0.31 x 0.22 x 0.18 x 0.17 x 0.15 x 0.14 x
EV / Revenue 0.1 x 0.07 x 0.31 x 0.22 x 0.18 x 0.17 x 0.15 x 0.14 x
EV / EBITDA 1.54 x 0.96 x 5.07 x 4.1 x 3.57 x 2.18 x 2.06 x 1.88 x
EV / FCF -71,04,464 x - -2,31,90,081 x -72,55,513 x - - - -
FCF Yield -0% - -0% -0% - - - -
Price to Book 0.31 x 0.28 x 0.42 x 0.34 x 0.21 x 0.28 x 0.26 x -
Nbr of stocks (in thousands) 3,00,20,396 3,00,20,396 4,16,91,164 4,16,91,164 4,16,91,164 4,16,91,164 - -
Reference price 2 0.8401 0.6312 1.076 0.8037 0.7089 0.7909 0.7909 0.7909
Announcement Date 31/03/20 19/03/21 29/03/22 30/03/23 28/03/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,47,291 2,70,328 3,22,319 3,66,393 4,06,032 4,48,266 4,96,168 5,48,553
EBITDA 1 16,399 19,810 19,434 19,913 20,919 34,616 36,553 40,169
EBIT 1 12,316 15,471 14,576 13,749 14,046 15,531 17,122 18,877
Operating Margin 4.98% 5.72% 4.52% 3.75% 3.46% 3.46% 3.45% 3.44%
Earnings before Tax (EBT) 1 13,308 12,755 13,050 13,675 14,011 15,457 17,022 18,748
Net income 1 5,072 4,517 6,504 7,809 7,986 8,824 9,679 10,667
Net margin 2.05% 1.67% 2.02% 2.13% 1.97% 1.97% 1.95% 1.94%
EPS 2 0.1699 0.1513 0.1900 0.1800 0.1800 0.2000 0.2500 -
Free Cash Flow -3,550 - -4,248 -11,245 - - - -
FCF margin -1.44% - -1.32% -3.07% - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 0.0306 0.0225 0.0225 0.0252 0.0260 0.0100 0.0100 -
Announcement Date 31/03/20 19/03/21 29/03/22 30/03/23 28/03/24 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 60,536 64,496 - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) 3.691 x 3.256 x - - - - - -
Free Cash Flow -3,550 - -4,248 -11,245 - - - -
ROE (net income / shareholders' equity) 7.78% 7.14% 8% 8.46% 7.88% 7.45% 7.59% 7.79%
ROA (Net income/ Total Assets) 1.46% 1.01% 1.29% 1.31% 1.1% 1% 1% 1%
Assets 1 3,47,397 4,48,880 5,02,441 5,96,607 7,26,011 8,82,368 9,67,922 10,66,742
Book Value Per Share 2 2.750 2.280 2.580 2.350 3.410 2.790 3.030 -
Cash Flow per Share 2 0.3700 0.2200 0.2700 0.1800 0.2100 0.2900 0.3700 -
Capex 1 14,362 18,589 13,092 19,180 30,484 42,066 37,033 23,516
Capex / Sales 5.81% 6.88% 4.06% 5.23% 7.51% 9.38% 7.46% 4.29%
Announcement Date 31/03/20 19/03/21 29/03/22 30/03/23 28/03/24 - - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
0.85
Average target price
-
Consensus

Annual profits - Rate of surprise

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