Financials Jiangsu New Energy Development Co., Ltd.

Equities

603693

CNE1000036F3

Electric Utilities

End-of-day quote Shanghai S.E. 03:30:00 30/04/2024 am IST 5-day change 1st Jan Change
11.21 CNY +0.18% Intraday chart for Jiangsu New Energy Development Co., Ltd. +0.18% -.--%

Valuation

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Capitalization 1 7,960 19,516 11,527 9,993 9,993 -
Enterprise Value (EV) 1 7,960 19,516 11,527 9,993 9,993 9,993
P/E ratio 51.5 x 58.1 x 24.4 x 21.2 x 14.4 x 13.9 x
Yield - 0.35% 1.16% 1.34% - -
Capitalization / Revenue - 10.5 x 5.85 x 5.14 x 4.51 x 4.2 x
EV / Revenue - 10.5 x 5.85 x 5.14 x 4.51 x 4.2 x
EV / EBITDA - 23 x - 6.73 x 5.31 x 4.97 x
EV / FCF - -2,21,68,221 x 1,52,40,235 x 9,61,00,285 x - -
FCF Yield - -0% 0% 0% - -
Price to Book - 3.45 x 1.9 x 1.56 x 1.42 x 1.31 x
Nbr of stocks (in thousands) 8,03,401 8,91,477 8,91,476 8,91,476 8,91,476 -
Reference price 2 9.908 21.89 12.93 11.21 11.21 11.21
Announcement Date 26/04/21 22/02/22 25/04/23 24/04/24 - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Net sales 1 - 1,857 1,971 1,946 2,215 2,377
EBITDA 1 - 849.4 - 1,484 1,883 2,009
EBIT 1 - 459 694.3 664.2 947.3 1,061
Operating Margin - 24.72% 35.22% 34.13% 42.77% 44.65%
Earnings before Tax (EBT) 1 - 459.6 695.1 663.6 948.1 1,061
Net income 1 153.7 306.8 475.9 472.4 653.5 717.2
Net margin - 16.52% 24.15% 24.28% 29.5% 30.18%
EPS 2 0.1923 0.3769 0.5300 0.5300 0.7767 0.8050
Free Cash Flow - -880.4 756.3 104 - -
FCF margin - -47.42% 38.37% 5.34% - -
FCF Conversion (EBITDA) - - - 7.01% - -
FCF Conversion (Net income) - - 158.92% 22.01% - -
Dividend per Share 2 - 0.0769 0.1500 0.1500 - -
Announcement Date 26/04/21 22/02/22 25/04/23 24/04/24 - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Net Debt - - - - - -
Net Cash position - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - -880 756 104 - -
ROE (net income / shareholders' equity) - 6.42% 8.11% 7.58% 9.52% 9.83%
ROA (Net income/ Total Assets) - 2.29% - 2.93% 3.9% 4.1%
Assets 1 - 13,398 - 16,147 16,756 17,492
Book Value Per Share 2 - 6.350 6.810 7.200 7.920 8.590
Cash Flow per Share 2 - 0.9400 - 1.030 1.720 1.470
Capex 1 - 1,643 610 815 1,200 800
Capex / Sales - 88.51% 30.95% 41.87% 54.18% 33.66%
Announcement Date 26/04/21 22/02/22 25/04/23 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
3
Last Close Price
11.21 CNY
Average target price
14.56 CNY
Spread / Average Target
+29.88%
Consensus

Annual profits - Rate of surprise

  1. Stock Market
  2. Equities
  3. 603693 Stock
  4. Financials Jiangsu New Energy Development Co., Ltd.