Financials Gansu Shangfeng Cement Co.,Ltd

Equities

000672

CNE0000004Q0

Construction Materials

End-of-day quote Shenzhen S.E. 03:30:00 28/06/2024 am IST 5-day change 1st Jan Change
6.12 CNY 0.00% Intraday chart for Gansu Shangfeng Cement Co.,Ltd -3.47% -24.07%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 14,538 15,648 16,097 10,211 7,706 5,851 - -
Enterprise Value (EV) 1 14,538 15,648 16,097 10,211 7,706 5,851 5,851 5,851
P/E ratio 6.24 x 7.71 x 7.38 x 10.8 x 10.3 x 7.8 x 6.97 x 6.38 x
Yield 4.92% - 3.99% 3.28% 4.96% 6.37% 7.35% -
Capitalization / Revenue 1.96 x 2.43 x 1.94 x 1.43 x 1.2 x 0.92 x 0.89 x 0.88 x
EV / Revenue 1.96 x 2.43 x 1.94 x 1.43 x 1.2 x 0.92 x 0.89 x 0.88 x
EV / EBITDA 4.07 x - 4.83 x 5.71 x 4.9 x 3.66 x 3.26 x 3.13 x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 2.74 x 2.34 x 1.97 x 1.24 x 0.88 x 0.64 x 0.61 x 0.56 x
Nbr of stocks (in thousands) 9,53,842 9,62,477 9,62,477 9,56,061 9,56,061 9,56,061 - -
Reference price 2 15.24 16.26 16.72 10.68 8.060 6.120 6.120 6.120
Announcement Date 14/04/20 27/04/21 26/04/22 19/04/23 24/04/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 7,412 6,432 8,315 7,135 6,397 6,338 6,554 6,676
EBITDA 1 3,568 - 3,334 1,788 1,573 1,599 1,794 1,868
EBIT 1 3,160 2,721 2,784 1,258 943 1,044 1,174 1,149
Operating Margin 42.64% 42.31% 33.48% 17.62% 14.74% 16.47% 17.92% 17.21%
Earnings before Tax (EBT) 1 3,152 2,718 2,775 1,243 932.5 960 1,072 1,171
Net income 1 2,331 2,026 2,176 948.9 744.3 761.3 850.9 930.5
Net margin 31.46% 31.49% 26.17% 13.3% 11.63% 12.01% 12.98% 13.94%
EPS 2 2.442 2.108 2.267 0.9900 0.7813 0.7850 0.8775 0.9600
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 0.7500 - 0.6667 0.3500 0.4000 0.3900 0.4500 -
Announcement Date 14/04/20 27/04/21 26/04/22 19/04/23 24/04/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2023 Q1 2023 Q2 2023 S1 2023 Q3
Net sales 1 2,623 - 1,819 3,209 1,669
EBITDA - - - - -
EBIT 642.3 - - - -
Operating Margin 24.49% - - - -
Earnings before Tax (EBT) 654.6 - - - -
Net income 1 587.1 172.6 358.8 531.4 169.2
Net margin 22.38% - 19.73% 16.56% 10.14%
EPS - 0.1800 - - -
Dividend per Share - - - - -
Announcement Date 26/04/22 19/04/23 23/08/23 23/08/23 25/10/23
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 53.3% 33.2% 29.1% 11.4% 8.66% 8.08% 8.51% 8.5%
ROA (Net income/ Total Assets) 27.6% - 15.9% 6.05% 4.36% 4.2% 4.5% 4.9%
Assets 1 8,451 - 13,702 15,681 17,084 18,126 18,908 18,991
Book Value Per Share 2 5.560 6.940 8.490 8.630 9.120 9.520 10.10 10.90
Cash Flow per Share 2 3.200 2.060 2.910 1.050 1.150 1.070 1.580 0.8000
Capex 1 355 - 1,112 1,108 915 1,335 1,242 880
Capex / Sales 4.79% - 13.38% 15.53% 14.3% 21.06% 18.95% 13.19%
Announcement Date 14/04/20 27/04/21 26/04/22 19/04/23 24/04/24 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
6.12 CNY
Average target price
9.032 CNY
Spread / Average Target
+47.59%
Consensus

Quarterly revenue - Rate of surprise

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