Financials Yantai Zhenghai Magnetic Material Co., Ltd.

Equities

300224

CNE100001385

Commodity Chemicals

End-of-day quote Shenzhen S.E. 03:30:00 14/05/2024 am IST 5-day change 1st Jan Change
10.65 CNY +0.19% Intraday chart for Yantai Zhenghai Magnetic Material Co., Ltd. -0.93% -9.13%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 7,706 10,011 13,668 10,077 9,613 8,736 - -
Enterprise Value (EV) 1 7,706 10,011 13,668 10,077 9,613 8,736 8,736 8,736
P/E ratio 86.7 x 73.6 x 53.4 x 25.6 x 21.3 x 16.8 x 14.1 x 12.1 x
Yield 2.1% 1.6% - 1.6% 1.71% 1.97% 2.35% 2.72%
Capitalization / Revenue 4.28 x 5.12 x - 1.59 x 1.64 x 1.32 x 1.09 x 0.95 x
EV / Revenue 4.28 x 5.12 x - 1.59 x 1.64 x 1.32 x 1.09 x 0.95 x
EV / EBITDA 47.2 x 45.7 x - 18.7 x 13.8 x 11.1 x 9.44 x 8.36 x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 2.99 x 3.93 x - 3.15 x 2.48 x 2.07 x 1.87 x 1.67 x
Nbr of stocks (in thousands) 8,07,745 8,00,216 8,00,216 8,04,216 8,20,244 8,20,246 - -
Reference price 2 9.540 12.51 17.08 12.53 11.72 10.65 10.65 10.65
Announcement Date 23/01/20 26/02/21 28/03/22 12/03/23 27/03/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,799 1,954 - 6,319 5,874 6,629 7,998 9,241
EBITDA 1 163.3 219.1 - 538.8 694.2 790 925 1,045
EBIT 1 85.16 137.6 - 433.1 557.3 651 774.5 893.5
Operating Margin 4.73% 7.04% - 6.85% 9.49% 9.82% 9.68% 9.67%
Earnings before Tax (EBT) 1 84.51 136.1 - 431.2 556.4 651 774.5 893.5
Net income 1 93.12 133 265 404.1 447.5 520 619.5 724.5
Net margin 5.18% 6.81% - 6.4% 7.62% 7.84% 7.75% 7.84%
EPS 2 0.1100 0.1700 0.3200 0.4900 0.5500 0.6350 0.7550 0.8800
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 0.2000 0.2000 - 0.2000 0.2000 0.2100 0.2500 0.2900
Announcement Date 23/01/20 26/02/21 28/03/22 12/03/23 27/03/24 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 3.53% 5.16% - 13.3% 12.1% 12.2% 13.2% 13.8%
ROA (Net income/ Total Assets) 2.53% 3.51% - - - 5.2% 5.35% 5.6%
Assets 1 3,681 3,795 - - - 10,000 11,579 12,938
Book Value Per Share 2 3.190 3.180 - 3.980 4.730 5.160 5.700 6.370
Cash Flow per Share 2 0.0800 0.3500 - 0.2800 0.8700 0.2300 1.200 1.060
Capex 1 181 146 - 480 395 612 555 356
Capex / Sales 10.06% 7.48% - 7.59% 6.73% 9.22% 6.94% 3.85%
Announcement Date 23/01/20 26/02/21 28/03/22 12/03/23 27/03/24 - - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
10.65
Average target price
-
Consensus

Annual profits - Rate of surprise

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