Financials Hubei Zhenhua Chemical Co.,Ltd.

Equities

603067

CNE100002FN3

Commodity Chemicals

End-of-day quote Shanghai S.E. 03:30:00 11/07/2024 am IST 5-day change 1st Jan Change
12.08 CNY +3.96% Intraday chart for Hubei Zhenhua Chemical Co.,Ltd. +7.28% +18.55%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 2,613 2,842 5,613 6,531 5,187 6,149 - -
Enterprise Value (EV) 1 2,613 2,842 5,613 6,531 5,187 6,149 6,149 6,149
P/E ratio - 18.8 x 17.5 x 15.6 x 14 x 13.6 x 12.1 x 10.2 x
Yield - 1.4% 1.67% 1.61% 1.8% - - -
Capitalization / Revenue 1.87 x 2.22 x 1.88 x 1.85 x 1.4 x 1.46 x 1.25 x 1.05 x
EV / Revenue 1.87 x 2.22 x 1.88 x 1.85 x 1.4 x 1.46 x 1.25 x 1.05 x
EV / EBITDA - 11.1 x 10.8 x 9.17 x 8.02 x 8.3 x 7.53 x 6.53 x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book - 1.97 x 2.6 x 2.59 x 1.85 x 1.9 x 1.64 x 1.41 x
Nbr of stocks (in thousands) 4,31,200 4,31,200 5,08,416 5,09,016 5,09,016 5,09,016 - -
Reference price 2 6.060 6.590 11.04 12.83 10.19 12.08 12.08 12.08
Announcement Date 28/04/20 29/03/21 21/04/22 30/03/23 09/04/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,395 1,278 2,993 3,534 3,699 4,202 4,937 5,858
EBITDA 1 - 255.1 520.6 712 647.1 741 817 941
EBIT 1 - 171.8 349.2 487.8 429.7 538 604 719
Operating Margin - 13.44% 11.66% 13.8% 11.62% 12.8% 12.23% 12.27%
Earnings before Tax (EBT) 1 - 171.1 334.3 483.5 414.5 531 599 715
Net income 1 - 149.8 310.7 417 370.8 452 509 607
Net margin - 11.72% 10.38% 11.8% 10.03% 10.76% 10.31% 10.36%
EPS 2 - 0.3500 0.6300 0.8200 0.7300 0.8900 1.000 1.190
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 - 0.0920 0.1840 0.2070 0.1830 - - -
Announcement Date 28/04/20 29/03/21 21/04/22 30/03/23 09/04/24 - - -
1CNY in Million2CNY
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) - 10.6% 15.7% 17.9% 14% 13.9% 13.6% 13.9%
ROA (Net income/ Total Assets) - 8.57% 8.79% 10.5% 9.01% 9.3% 9.5% 9.8%
Assets 1 - 1,749 3,533 3,981 4,115 4,860 5,358 6,194
Book Value Per Share 2 - 3.350 4.250 4.950 5.510 6.370 7.370 8.570
Cash Flow per Share 2 - 0.0200 0.8000 0.9600 0.7800 0.9800 0.9600 1.110
Capex 1 - 96.8 327 256 291 286 255 235
Capex / Sales - 7.57% 10.92% 7.25% 7.86% 6.81% 5.16% 4.01%
Announcement Date 28/04/20 29/03/21 21/04/22 30/03/23 09/04/24 - - -
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
1
Last Close Price
12.08 CNY
Average target price
14.2 CNY
Spread / Average Target
+17.55%
Consensus

Annual profits - Rate of surprise

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