Financials ZheJiang HuaSheng Technology Co.,Ltd

Equities

605180

CNE1000052F0

Specialty Chemicals

End-of-day quote Shanghai S.E. 03:30:00 15/05/2024 am IST 5-day change 1st Jan Change
14.59 CNY -2.21% Intraday chart for ZheJiang HuaSheng Technology Co.,Ltd -11.68% +4.21%

Valuation

Fiscal Period: December 2021 2022 2023
Capitalization 1 3,530 2,029 2,366
Enterprise Value (EV) 1 2,953 1,453 1,820
P/E ratio 17.9 x 34.7 x 87.5 x
Yield 2.83% 1.28% 0.57%
Capitalization / Revenue 5.49 x 7.33 x 9.88 x
EV / Revenue 4.59 x 5.25 x 7.6 x
EV / EBITDA 13.7 x 22.9 x 65.9 x
EV / FCF -31.6 x 22.7 x -65.3 x
FCF Yield -3.16% 4.41% -1.53%
Price to Book 3.09 x 1.84 x 2.14 x
Nbr of stocks (in thousands) 1,69,000 1,69,000 1,69,000
Reference price 2 20.89 12.01 14.00
Announcement Date 25/04/22 27/04/23 25/04/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 318.2 317.7 368.8 642.6 276.7 239.4
EBITDA 1 93.05 106.6 133.8 215 63.52 27.63
EBIT 1 90.51 97.13 123.9 199.6 44.66 7.817
Operating Margin 28.45% 30.58% 33.59% 31.06% 16.14% 3.27%
Earnings before Tax (EBT) 1 97.2 100.7 125 208.7 66.24 31.03
Net income 1 83.45 86.58 107.5 180.4 58.97 27.78
Net margin 26.23% 27.25% 29.15% 28.07% 21.31% 11.6%
EPS 2 0.6686 0.6805 0.8462 1.165 0.3462 0.1600
Free Cash Flow 1 4.589 21.26 -25.28 -93.37 64.11 -27.84
FCF margin 1.44% 6.69% -6.85% -14.53% 23.16% -11.63%
FCF Conversion (EBITDA) 4.93% 19.94% - - 100.92% -
FCF Conversion (Net income) 5.5% 24.55% - - 108.71% -
Dividend per Share 2 0.1953 - - 0.5917 0.1538 0.0800
Announcement Date 24/05/19 07/04/21 07/04/21 25/04/22 27/04/23 25/04/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 100 137 115 577 577 546
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 4.59 21.3 -25.3 -93.4 64.1 -27.8
ROE (net income / shareholders' equity) 29% 23.5% 24.4% 22.2% 5.25% 2.52%
ROA (Net income/ Total Assets) 17.9% 15.5% 16.4% 14.2% 2.36% 0.43%
Assets 1 466.5 559.8 654.2 1,272 2,500 6,423
Book Value Per Share 2 2.670 3.100 3.800 6.770 6.530 6.540
Cash Flow per Share 2 0.8000 1.070 0.9200 3.420 3.410 3.230
Capex 1 26 41.6 72.1 73.8 10.3 85.3
Capex / Sales 8.18% 13.09% 19.56% 11.49% 3.73% 35.62%
Announcement Date 24/05/19 07/04/21 07/04/21 25/04/22 27/04/23 25/04/24
1CNY in Million2CNY
Estimates
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