Financials Jiangsu Xiuqiang Glasswork Co., Ltd.

Equities

300160

CNE100000YZ2

Construction Materials

End-of-day quote Shenzhen S.E. 03:30:00 28/06/2024 am IST 5-day change 1st Jan Change
4.68 CNY +0.65% Intraday chart for Jiangsu Xiuqiang Glasswork Co., Ltd. -2.50% -20.68%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,046 2,319 5,022 4,729 3,882 4,560
Enterprise Value (EV) 1 2,351 2,425 5,082 4,549 2,789 3,245
P/E ratio -8.85 x 17.8 x 40.6 x 34.8 x 20.9 x 21.9 x
Yield 5.8% 5.33% - 1.31% 1.59% 1.69%
Capitalization / Revenue 1.46 x 1.83 x 3.9 x 3.24 x 2.58 x 3.17 x
EV / Revenue 1.68 x 1.91 x 3.95 x 3.12 x 1.85 x 2.26 x
EV / EBITDA 13.9 x 11.8 x 25.3 x 26.6 x 11.1 x 11.7 x
EV / FCF 17.3 x 37 x 253 x 57.9 x -29.6 x 20.4 x
FCF Yield 5.77% 2.7% 0.4% 1.73% -3.38% 4.91%
Price to Book 2.35 x 2.31 x 4.98 x 4 x 2.16 x 1.91 x
Nbr of stocks (in thousands) 5,92,952 6,18,502 6,18,502 6,18,172 6,18,172 7,72,946
Reference price 2 3.450 3.750 8.120 7.650 6.280 5.900
Announcement Date 25/04/19 24/04/20 19/02/21 18/03/22 11/04/23 09/04/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,401 1,269 1,286 1,458 1,507 1,437
EBITDA 1 168.8 205.5 201 171.2 250.2 277.8
EBIT 1 110.9 150.5 152.8 120.2 194.7 218.1
Operating Margin 7.92% 11.86% 11.88% 8.24% 12.92% 15.17%
Earnings before Tax (EBT) 1 -215.2 84.88 142.5 147.7 207.7 233.4
Net income 1 -233.1 124.9 121.9 137 184.1 208
Net margin -16.64% 9.84% 9.48% 9.4% 12.22% 14.47%
EPS 2 -0.3900 0.2101 0.2000 0.2200 0.3000 0.2700
Free Cash Flow 1 135.7 65.48 20.09 78.59 -94.31 159.3
FCF margin 9.69% 5.16% 1.56% 5.39% -6.26% 11.08%
FCF Conversion (EBITDA) 80.4% 31.86% 9.99% 45.91% - 57.33%
FCF Conversion (Net income) - 52.43% 16.48% 57.36% - 76.56%
Dividend per Share 2 0.2000 0.2000 - 0.1000 0.1000 0.1000
Announcement Date 25/04/19 24/04/20 19/02/21 18/03/22 11/04/23 09/04/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 305 105 59.7 - - -
Net Cash position 1 - - - 180 1,093 1,315
Leverage (Debt/EBITDA) 1.807 x 0.5132 x 0.2969 x - - -
Free Cash Flow 1 136 65.5 20.1 78.6 -94.3 159
ROE (net income / shareholders' equity) -20.8% 12.8% 12.1% 12.5% 10.7% 8.95%
ROA (Net income/ Total Assets) 3.6% 5.54% 5.53% 4.13% 5.21% 4.75%
Assets 1 -6,481 2,256 2,204 3,317 3,532 4,380
Book Value Per Share 2 1.470 1.620 1.630 1.910 2.900 3.090
Cash Flow per Share 2 0.3200 0.3100 0.2400 0.3100 1.520 0.6600
Capex 1 96.8 40.3 58 101 194 92.4
Capex / Sales 6.91% 3.18% 4.51% 6.92% 12.87% 6.43%
Announcement Date 25/04/19 24/04/20 19/02/21 18/03/22 11/04/23 09/04/24
1CNY in Million2CNY
Estimates
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