Financials Xinjiang East Universe Gas Co.Ltd.

Equities

603706

CNE100003J72

Natural Gas Utilities

End-of-day quote Shanghai S.E. 03:30:00 20/05/2024 am IST 5-day change 1st Jan Change
16.43 CNY +2.30% Intraday chart for Xinjiang East Universe Gas Co.Ltd. -8.26% -0.60%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 4,314 3,202 2,606 2,801 2,610 3,130
Enterprise Value (EV) 1 3,586 2,782 2,106 2,186 2,036 2,285
P/E ratio 39.1 x 28.2 x 25.1 x 18 x 19.1 x 15.9 x
Yield 1.3% 2.25% 3.68% 5.41% 5.08% 5.44%
Capitalization / Revenue 10.3 x 7.09 x 3.24 x 2.83 x 2.47 x 2.6 x
EV / Revenue 8.55 x 6.16 x 2.62 x 2.21 x 1.93 x 1.9 x
EV / EBITDA 30.2 x 20.4 x 7.47 x 6.39 x 6.12 x 5.58 x
EV / FCF -112 x 141 x 7.38 x 8.76 x 11.4 x 6.11 x
FCF Yield -0.89% 0.71% 13.6% 11.4% 8.8% 16.4%
Price to Book 3.89 x 2.75 x 2 x 1.76 x 1.65 x 1.9 x
Nbr of stocks (in thousands) 1,60,000 1,60,000 1,60,000 1,89,383 1,89,383 1,89,383
Reference price 2 26.96 20.01 16.29 14.79 13.78 16.53
Announcement Date 16/04/19 16/04/20 19/04/21 15/04/22 25/04/23 23/04/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 419.4 451.7 804.6 988.3 1,057 1,203
EBITDA 1 118.8 136.4 281.8 342.1 332.5 409.8
EBIT 1 89.39 106.7 118.2 158.6 169.7 244.7
Operating Margin 21.31% 23.62% 14.69% 16.05% 16.05% 20.34%
Earnings before Tax (EBT) 1 110.9 132.8 129.7 196.9 175 250.7
Net income 1 93.88 113.2 104.5 155.8 137.1 197.4
Net margin 22.38% 25.07% 12.99% 15.77% 12.97% 16.41%
EPS 2 0.6900 0.7100 0.6500 0.8200 0.7200 1.040
Free Cash Flow 1 -31.99 19.78 285.4 249.5 179.1 374.2
FCF margin -7.63% 4.38% 35.47% 25.24% 16.94% 31.1%
FCF Conversion (EBITDA) - 14.5% 101.26% 72.93% 53.85% 91.31%
FCF Conversion (Net income) - 17.46% 273.03% 160.11% 130.63% 189.56%
Dividend per Share 2 0.3500 0.4500 0.6000 0.8000 0.7000 0.9000
Announcement Date 16/04/19 16/04/20 19/04/21 15/04/22 25/04/23 23/04/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 728 419 501 615 574 845
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -32 19.8 285 249 179 374
ROE (net income / shareholders' equity) 11.4% 9.95% 7.85% 9.62% 8.41% 11.8%
ROA (Net income/ Total Assets) 5.24% 4.83% 3.63% 3.79% 4.05% 5.48%
Assets 1 1,792 2,343 2,883 4,114 3,385 3,603
Book Value Per Share 2 6.920 7.280 8.160 8.390 8.340 8.710
Cash Flow per Share 2 0.9300 1.530 3.530 1.720 2.050 2.710
Capex 1 61.2 67.2 62.5 135 91.7 33.4
Capex / Sales 14.6% 14.87% 7.77% 13.63% 8.68% 2.78%
Announcement Date 16/04/19 16/04/20 19/04/21 15/04/22 25/04/23 23/04/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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