Financials Shaoxing Xingxin New Material Co.,Ltd

Equities

001358

CNE100006CK7

Commodity Chemicals

End-of-day quote Shenzhen S.E. 03:30:00 15/07/2024 am IST 5-day change 1st Jan Change
18.86 CNY -2.43% Intraday chart for Shaoxing Xingxin New Material Co.,Ltd -1.00% -44.99%

Valuation

Fiscal Period: December 2023
Capitalization 1 4,224
Enterprise Value (EV) 1 3,205
P/E ratio 22.3 x
Yield 2.5%
Capitalization / Revenue 6.7 x
EV / Revenue 5.09 x
EV / EBITDA 18.3 x
EV / FCF 24.2 x
FCF Yield 4.13%
Price to Book 2.79 x
Nbr of stocks (in thousands) 1,23,200
Reference price 2 34.29
Announcement Date 25/03/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 302.2 311.1 373.6 508 772.8 630.2
EBITDA 1 79.34 83.45 83.96 157.9 257.6 175
EBIT 1 67.16 69.86 63.72 135.2 233.4 149.8
Operating Margin 22.22% 22.46% 17.05% 26.62% 30.21% 23.77%
Earnings before Tax (EBT) 1 72.62 72.02 60.47 132.8 240.9 155.3
Net income 1 61.74 59.82 51.28 115.5 208.9 141.6
Net margin 20.43% 19.23% 13.72% 22.74% 27.03% 22.46%
EPS 2 0.6714 0.6500 0.5549 1.250 2.264 1.536
Free Cash Flow 1 32.15 47.22 26.88 45.41 116.8 132.3
FCF margin 10.64% 15.18% 7.19% 8.94% 15.11% 21%
FCF Conversion (EBITDA) 40.52% 56.58% 32.01% 28.75% 45.33% 75.65%
FCF Conversion (Net income) 52.06% 78.93% 52.42% 39.3% 55.89% 93.48%
Dividend per Share - - - - - 0.8571
Announcement Date 25/11/20 25/11/20 22/02/23 22/02/23 30/11/23 25/03/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 21.7 20 2.16 14.9 123 1,019
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 32.1 47.2 26.9 45.4 117 132
ROE (net income / shareholders' equity) 34.2% 26.1% 19.8% 36.8% 45.4% 13.6%
ROA (Net income/ Total Assets) 13.1% 12.3% 10.1% 18.2% 23.3% 7.76%
Assets 1 472.9 485.2 506.9 633.9 897.8 1,825
Book Value Per Share 2 2.300 2.660 2.950 3.850 6.120 12.30
Cash Flow per Share 2 0.7800 0.4300 0.7200 0.8600 1.630 8.630
Capex 1 23.6 17.3 9.37 9.74 9.28 26.8
Capex / Sales 7.82% 5.55% 2.51% 1.92% 1.2% 4.26%
Announcement Date 25/11/20 25/11/20 22/02/23 22/02/23 30/11/23 25/03/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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