SICHUAN MINGXING ELECTRIC POWER CO., LTD. Financials Sichuan Mingxing Electric Power Co., Ltd.
Equities
600101
CNE000000SC4
Electric Utilities
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 8.17 CNY | +1.62% |
|
-0.73% | -2.85% |
| 29/04 | Sichuan Mingxing Electric Power Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
| 24/04 | Mingxing Electric Power's Chairman Resigns | MT |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 2,156 | 2,933 | 2,499 | 3,253 | 3,582 | 3,544 |
| Enterprise Value (EV) 1 | 1,743 | 2,307 | 1,795 | 2,532 | 2,800 | 2,764 |
| P/E ratio | 21.4 x | 29.4 x | 35.7 x | 26.4 x | 22.5 x | 19.8 x |
| Yield | 0.75% | 0.72% | 0.84% | 1.04% | 0.94% | 1.19% |
| Capitalization / Revenue | 1.35 x | 1.82 x | 1.5 x | 1.69 x | 1.51 x | 1.33 x |
| EV / Revenue | 1.09 x | 1.44 x | 1.08 x | 1.31 x | 1.18 x | 1.04 x |
| EV / EBITDA | 7.29 x | 8.71 x | 7.99 x | 9.42 x | 8.87 x | 8.47 x |
| EV / FCF | -77.6 x | 12.7 x | 14 x | -166 x | -31 x | -254 x |
| FCF Yield | -1.29% | 7.89% | 7.14% | -0.6% | -3.23% | -0.39% |
| Price to Book | 0.97 x | 1.25 x | 1.03 x | 1.29 x | 1.34 x | 1.26 x |
| Nbr of stocks (in thousands) | 4,21,433 | 4,21,433 | 4,21,433 | 4,21,433 | 4,21,433 | 4,21,433 |
| Reference price 2 | 5.115 | 6.960 | 5.930 | 7.720 | 8.500 | 8.410 |
| Announcement Date | 28/03/19 | 23/04/20 | 15/04/21 | 30/03/22 | 31/03/23 | 28/03/24 |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 1,600 | 1,608 | 1,668 | 1,928 | 2,377 | 2,666 |
| EBITDA 1 | 238.9 | 264.8 | 224.7 | 268.6 | 315.7 | 326.5 |
| EBIT 1 | 79.08 | 81.09 | 49.08 | 105.3 | 167.6 | 163.7 |
| Operating Margin | 4.94% | 5.04% | 2.94% | 5.46% | 7.05% | 6.14% |
| Earnings before Tax (EBT) 1 | 118.3 | 116.1 | 89.84 | 151.4 | 185.1 | 215.6 |
| Net income 1 | 101.8 | 99.69 | 70.02 | 123.3 | 159.2 | 179.3 |
| Net margin | 6.36% | 6.2% | 4.2% | 6.39% | 6.7% | 6.73% |
| EPS 2 | 0.2385 | 0.2365 | 0.1661 | 0.2925 | 0.3777 | 0.4255 |
| Free Cash Flow 1 | -22.46 | 182 | 128.1 | -15.25 | -90.43 | -10.87 |
| FCF margin | -1.4% | 11.32% | 7.68% | -0.79% | -3.8% | -0.41% |
| FCF Conversion (EBITDA) | - | 68.75% | 57% | - | - | - |
| FCF Conversion (Net income) | - | 182.61% | 182.95% | - | - | - |
| Dividend per Share 2 | 0.0385 | 0.0500 | 0.0500 | 0.0800 | 0.0800 | 0.1000 |
| Announcement Date | 28/03/19 | 23/04/20 | 15/04/21 | 30/03/22 | 31/03/23 | 28/03/24 |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - |
| Net Cash position 1 | 413 | 626 | 704 | 722 | 783 | 780 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - |
| Free Cash Flow 1 | -22.5 | 182 | 128 | -15.2 | -90.4 | -10.9 |
| ROE (net income / shareholders' equity) | 4.46% | 4.39% | 3.18% | 4.99% | 6.08% | 6.54% |
| ROA (Net income/ Total Assets) | 1.6% | 1.57% | 0.92% | 1.88% | 2.83% | 2.65% |
| Assets 1 | 6,354 | 6,346 | 7,640 | 6,542 | 5,617 | 6,755 |
| Book Value Per Share 2 | 5.300 | 5.580 | 5.750 | 6.000 | 6.330 | 6.690 |
| Cash Flow per Share 2 | 1.170 | 1.680 | 1.930 | 2.100 | 2.050 | 2.050 |
| Capex 1 | 91.8 | 173 | 97.7 | 217 | 338 | 307 |
| Capex / Sales | 5.74% | 10.78% | 5.86% | 11.25% | 14.23% | 11.53% |
| Announcement Date | 28/03/19 | 23/04/20 | 15/04/21 | 30/03/22 | 31/03/23 | 28/03/24 |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| -2.85% | 618M | |
| +10.50% | 87.16B | |
| +51.70% | 11.58B | |
| -5.20% | 11.34B | |
| +10.78% | 11.28B | |
| +8.30% | 9.17B | |
| +13.90% | 6.87B | |
| -3.33% | 5.22B | |
| +1.01% | 4.4B | |
| -.--% | 3.77B |
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- Financials Sichuan Mingxing Electric Power Co., Ltd.
