Financials DongGuan Winnerway Industry Zone LTD.

Equities

000573

CNE0000003D0

Environmental Services & Equipment

End-of-day quote Shenzhen S.E. 03:30:00 30/04/2024 am IST 5-day change 1st Jan Change
2.63 CNY -4.71% Intraday chart for DongGuan Winnerway Industry Zone LTD. +1.94% -22.19%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,979 2,005 1,806 2,030 2,719 2,157
Enterprise Value (EV) 1 2,082 2,241 1,962 1,821 2,712 2,283
P/E ratio 36.5 x 29.7 x -15.5 x 14.4 x 65.4 x 32.7 x
Yield 1.97% 3.24% 2.12% 3.14% 1.88% 1.78%
Capitalization / Revenue 2.17 x 2.2 x 2.19 x 1.68 x 2.87 x 6.12 x
EV / Revenue 2.28 x 2.46 x 2.38 x 1.5 x 2.86 x 6.48 x
EV / EBITDA 54.4 x 24 x -36.3 x 7.69 x 375 x -41.2 x
EV / FCF 4.9 x -5.03 x 3.98 x -16.6 x -45.7 x -4.49 x
FCF Yield 20.4% -19.9% 25.1% -6.03% -2.19% -22.3%
Price to Book 1.17 x 1.13 x 1.15 x 1.21 x 1.64 x 1.29 x
Nbr of stocks (in thousands) 6,48,956 6,48,731 6,38,281 6,38,281 6,38,281 6,38,281
Reference price 2 3.050 3.090 2.830 3.180 4.260 3.380
Announcement Date 12/04/19 13/04/20 13/04/21 13/04/22 31/03/23 12/04/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 911.7 912.6 826.1 1,212 947.4 352.2
EBITDA 1 38.28 93.28 -54.12 236.6 7.222 -55.38
EBIT 1 -0.8421 59.26 -85.72 205.6 -24.23 -86.15
Operating Margin -0.09% 6.49% -10.38% 16.96% -2.56% -24.46%
Earnings before Tax (EBT) 1 56.86 80.47 -130.6 185.5 36.01 61.31
Net income 1 52.05 65.14 -116.2 140.6 41.55 66.09
Net margin 5.71% 7.14% -14.07% 11.61% 4.39% 18.76%
EPS 2 0.0836 0.1041 -0.1829 0.2203 0.0651 0.1035
Free Cash Flow 1 424.6 -445.7 492.5 -109.7 -59.4 -508.7
FCF margin 46.57% -48.84% 59.62% -9.05% -6.27% -144.41%
FCF Conversion (EBITDA) 1,109.18% - - - - -
FCF Conversion (Net income) 815.8% - - - - -
Dividend per Share 2 0.0600 0.1000 0.0600 0.1000 0.0800 0.0600
Announcement Date 12/04/19 13/04/20 13/04/21 13/04/22 31/03/23 12/04/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 103 236 156 - - 126
Net Cash position 1 - - - 209 7.43 -
Leverage (Debt/EBITDA) 2.695 x 2.532 x -2.876 x - - -2.271 x
Free Cash Flow 1 425 -446 493 -110 -59.4 -509
ROE (net income / shareholders' equity) 2.32% 3.23% -7.28% 8.38% 2.06% 3.7%
ROA (Net income/ Total Assets) -0.02% 1.16% -1.77% 4.57% -0.6% -2.19%
Assets 1 -3,17,365 5,630 6,554 3,074 -6,953 -3,019
Book Value Per Share 2 2.610 2.740 2.470 2.630 2.590 2.620
Cash Flow per Share 2 1.140 0.6300 1.030 0.7100 0.5300 0.4000
Capex 1 10.1 8.23 6.39 4.96 8.17 21.9
Capex / Sales 1.1% 0.9% 0.77% 0.41% 0.86% 6.21%
Announcement Date 12/04/19 13/04/20 13/04/21 13/04/22 31/03/23 12/04/24
1CNY in Million2CNY
Estimates
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  4. Financials DongGuan Winnerway Industry Zone LTD.
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