Financials Yanchang Petroleum International Limited

Equities

346

BMG9833W1221

Oil & Gas Transportation Services

Market Closed - Hong Kong S.E. 01:38:22 29/04/2024 pm IST 5-day change 1st Jan Change
0.415 HKD 0.00% Intraday chart for Yanchang Petroleum International Limited +3.75% +3.75%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 813.8 631.6 641.7 916.8 1,027 440
Enterprise Value (EV) 1 1,387 1,339 1,138 1,478 2,141 1,159
P/E ratio -1,098 x -1.42 x -0.71 x 2.59 x -5.15 x 2.01 x
Yield - - - - - -
Capitalization / Revenue 0.14 x 0.08 x 0.02 x 0.05 x 0.03 x 0.02 x
EV / Revenue 0.23 x 0.16 x 0.04 x 0.07 x 0.07 x 0.04 x
EV / EBITDA 33.8 x 10.9 x 16.3 x 9.11 x 20.2 x 12.5 x
EV / FCF -9.29 x 159 x -7.73 x -23.5 x 11.7 x -1.58 x
FCF Yield -10.8% 0.63% -12.9% -4.25% 8.54% -63.2%
Price to Book 0.6 x 0.66 x 0.96 x 0.88 x 1.33 x 0.34 x
Nbr of stocks (in thousands) 6,07,279 6,07,279 9,16,752 9,16,752 9,16,752 11,00,103
Reference price 2 1.340 1.040 0.7000 1.000 1.120 0.4000
Announcement Date 24/04/19 23/04/20 22/04/21 20/04/22 27/04/23 24/04/24
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 5,948 8,205 27,258 19,779 29,943 27,748
EBITDA 1 41 122.9 69.75 162.2 105.9 92.76
EBIT 1 4.375 -309.4 -29.53 82.48 -57.94 -142.6
Operating Margin 0.07% -3.77% -0.11% 0.42% -0.19% -0.51%
Earnings before Tax (EBT) 1 40.48 -372.1 -779.5 377.6 -608.3 588.4
Net income 1 -0.741 -443.7 -795.8 353.6 -199.5 217.6
Net margin -0.01% -5.41% -2.92% 1.79% -0.67% 0.78%
EPS 2 -0.001220 -0.7307 -0.9915 0.3857 -0.2176 0.1989
Free Cash Flow 1 -149.2 8.445 -147.2 -62.87 182.7 -732.5
FCF margin -2.51% 0.1% -0.54% -0.32% 0.61% -2.64%
FCF Conversion (EBITDA) - 6.87% - - 172.5% -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 24/04/19 23/04/20 22/04/21 20/04/22 27/04/23 24/04/24
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 573 708 496 561 1,114 719
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 13.98 x 5.762 x 7.112 x 3.459 x 10.52 x 7.755 x
Free Cash Flow 1 -149 8.44 -147 -62.9 183 -733
ROE (net income / shareholders' equity) 0.41% -33.9% -83.7% 36.4% -75.6% 63.8%
ROA (Net income/ Total Assets) 0.09% -6.99% -0.71% 1.44% -0.8% -2.17%
Assets 1 -793.4 6,351 1,11,718 24,506 24,867 -10,010
Book Value Per Share 2 2.250 1.590 0.7300 1.130 0.8400 1.170
Cash Flow per Share 2 0.5200 0.4900 0.4800 0.4300 0.1500 0.2100
Capex 1 158 119 50.2 233 466 357
Capex / Sales 2.66% 1.45% 0.18% 1.18% 1.56% 1.29%
Announcement Date 24/04/19 23/04/20 22/04/21 20/04/22 27/04/23 24/04/24
1HKD in Million2HKD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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