Financials Yincheng International Holding Co., Ltd.

Equities

1902

KYG9841A1040

Real Estate Development & Operations

Market Closed - Hong Kong S.E. 01:39:15 31/08/2023 pm IST 5-day change 1st Jan Change
0.046 HKD +2.22% Intraday chart for Yincheng International Holding Co., Ltd. -.--% -.--%

Valuation

Fiscal Period: December 2019 2020 2021 2022
Capitalization 1 3,013 2,898 2,888 408.9
Enterprise Value (EV) 1 10,639 13,120 13,228 9,971
P/E ratio 19 x 15.9 x 20.4 x -0.41 x
Yield 1% 1.29% - -
Capitalization / Revenue 0.33 x 0.27 x 0.33 x 0.05 x
EV / Revenue 1.17 x 1.23 x 1.51 x 1.15 x
EV / EBITDA 11.9 x 18.9 x 12.9 x 4.92 x
EV / FCF 15.3 x 33.2 x -5.88 x 4.53 x
FCF Yield 6.54% 3.01% -17% 22.1%
Price to Book 1.2 x 1.05 x 1.06 x 0.36 x
Nbr of stocks (in thousands) 14,46,962 14,46,877 14,46,877 14,46,877
Reference price 2 2.082 2.003 1.996 0.2826
Announcement Date 27/04/20 29/04/21 28/04/22 26/04/23
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 4,676 5,070 9,092 10,680 8,747 8,695
EBITDA 1 668.3 932.4 897.1 695.5 1,029 2,027
EBIT 1 665.8 927.8 891.9 672.3 982.8 1,994
Operating Margin 14.24% 18.3% 9.81% 6.3% 11.24% 22.94%
Earnings before Tax (EBT) 1 595 1,062 940.1 674.4 680.2 908.4
Net income 1 420.2 442.4 150.3 182.6 141.6 -999.9
Net margin 8.99% 8.73% 1.65% 1.71% 1.62% -11.5%
EPS - 0.4671 0.1098 0.1262 0.0978 -0.6910
Free Cash Flow 1 -2,217 -3,739 695.8 395.5 -2,249 2,202
FCF margin -47.41% -73.74% 7.65% 3.7% -25.72% 25.33%
FCF Conversion (EBITDA) - - 77.57% 56.86% - 108.63%
FCF Conversion (Net income) - - 462.93% 216.55% - -
Dividend per Share - - 0.0207 0.0258 - -
Announcement Date 22/02/19 29/04/19 27/04/20 29/04/21 28/04/22 26/04/23
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 6,151 10,181 7,626 10,222 10,340 9,562
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 9.204 x 10.92 x 8.5 x 14.7 x 10.05 x 4.717 x
Free Cash Flow 1 -2,217 -3,739 696 395 -2,249 2,202
ROE (net income / shareholders' equity) 20.5% 22.5% 11.2% 8.31% 9.27% -16.5%
ROA (Net income/ Total Assets) 2.78% 2.8% 1.86% 1.06% 1.4% 3.04%
Assets 1 15,124 15,810 8,098 17,201 10,120 -32,921
Book Value Per Share - 1.660 1.730 1.910 1.880 0.7800
Cash Flow per Share - 1.680 2.000 2.430 1.890 0.9000
Capex 1 59.9 285 723 406 93.5 25.8
Capex / Sales 1.28% 5.62% 7.95% 3.8% 1.07% 0.3%
Announcement Date 22/02/19 29/04/19 27/04/20 29/04/21 28/04/22 26/04/23
1CNY in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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