Financials Hoshine Silicon Industry Co., Ltd.

Equities

603260

CNE100002V10

Specialty Chemicals

End-of-day quote Shanghai S.E. 03:30:00 30/04/2024 am IST 5-day change 1st Jan Change
48.35 CNY -2.77% Intraday chart for Hoshine Silicon Industry Co., Ltd. +1.32% -5.20%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 27,643 31,367 1,41,758 89,091 60,293 57,160 - -
Enterprise Value (EV) 1 27,643 31,367 1,41,758 89,091 90,606 1,01,403 99,577 93,140
P/E ratio 25 x 22.3 x 16.2 x 17.3 x 22.8 x 18.1 x 11.5 x 9.88 x
Yield 0.78% 0.87% 1.14% 1.06% 1.33% 1.43% 2.92% 3.95%
Capitalization / Revenue 3.09 x 3.5 x 6.64 x 3.77 x 2.27 x 1.74 x 1.21 x 1.03 x
EV / Revenue 3.09 x 3.5 x 6.64 x 3.77 x 3.41 x 3.09 x 2.11 x 1.68 x
EV / EBITDA 12.1 x 11.7 x 12.8 x 10.9 x 16.3 x 13.5 x 9.84 x 7.84 x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 3.25 x 3.24 x 7.05 x 3.74 x 1.86 x 1.64 x 1.49 x 1.3 x
Nbr of stocks (in thousands) 9,38,000 9,38,000 10,74,166 10,74,166 11,82,207 11,82,207 - -
Reference price 2 29.47 33.44 132.0 82.94 51.00 48.35 48.35 48.35
Announcement Date 23/04/20 21/04/21 27/04/22 20/04/23 29/04/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 8,939 8,968 21,343 23,657 26,584 32,847 47,198 55,470
EBITDA 1 2,279 2,686 11,110 8,158 5,569 7,503 10,115 11,882
EBIT 1 1,289 1,580 9,837 6,411 3,418 4,428 6,405 7,875
Operating Margin 14.43% 17.62% 46.09% 27.1% 12.86% 13.48% 13.57% 14.2%
Earnings before Tax (EBT) 1 1,289 1,599 9,797 6,318 3,436 4,370 6,315 7,719
Net income 1 1,106 1,404 8,212 5,148 2,623 3,156 4,984 5,785
Net margin 12.38% 15.66% 38.47% 21.76% 9.87% 9.61% 10.56% 10.43%
EPS 2 1.180 1.500 8.160 4.790 2.240 2.670 4.215 4.894
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 0.2300 0.2900 1.510 0.8800 0.6800 0.6909 1.411 1.910
Announcement Date 23/04/20 21/04/21 27/04/22 20/04/23 29/04/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q2 2022 Q3 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 6,610 5,276 - - 7,949 6,697 6,990 9,786 11,183 17,257 16,261
EBITDA - - - - - - - - - - -
EBIT 1 1,741 1,187 - - 642.3 516 1,048 1,467 1,677 2,115 1,993
Operating Margin 26.34% 22.51% - - 8.08% 7.7% 15% 15% 15% 12.25% 12.25%
Earnings before Tax (EBT) 1 - - - - 660.5 519.2 990.4 1,387 1,585 1,954 1,842
Net income 1 - - 1,003 779.6 402.3 438.2 754.8 1,057 1,208 1,469 1,385
Net margin - - - - 5.06% 6.54% 10.8% 10.8% 10.8% 8.51% 8.51%
EPS 2 1.390 0.9400 0.8700 0.6600 0.3400 0.3700 0.6384 0.8938 1.021 1.243 1.171
Dividend per Share 2 - - - - - - - - 0.9135 - -
Announcement Date 24/08/22 27/10/22 20/04/23 29/08/23 27/10/23 29/04/24 - - - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - 30,313 44,243 42,417 35,980
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) - - - - 5.443 x 5.897 x 4.194 x 3.028 x
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 13.5% 15.5% 55.2% 23.6% 8.47% 9.22% 13.4% 13.5%
ROA (Net income/ Total Assets) 6.62% 7.49% 75% 12.2% - 3.1% 5.09% -
Assets 1 16,724 18,744 10,942 42,030 - 1,01,795 97,987 -
Book Value Per Share 2 9.060 10.30 18.70 22.20 27.40 29.50 32.40 37.20
Cash Flow per Share 2 1.460 1.340 3.450 -0.5800 -0.6700 4.510 8.280 5.520
Capex 1 1,463 1,303 2,641 11,473 18,462 6,943 6,895 3,498
Capex / Sales 16.37% 14.53% 12.37% 48.5% 69.45% 21.14% 14.61% 6.31%
Announcement Date 23/04/20 21/04/21 27/04/22 20/04/23 29/04/24 - - -
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
D+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
8
Last Close Price
48.35 CNY
Average target price
61.34 CNY
Spread / Average Target
+26.86%
Consensus
  1. Stock Market
  2. Equities
  3. 603260 Stock
  4. Financials Hoshine Silicon Industry Co., Ltd.