Financials Zhuzhou Feilu High-Tech Materials Co., Ltd.

Equities

300665

CNE100002NK3

Commodity Chemicals

End-of-day quote Shenzhen S.E. 03:30:00 28/06/2024 am IST 5-day change 1st Jan Change
5.07 CNY +0.60% Intraday chart for Zhuzhou Feilu High-Tech Materials Co., Ltd. -2.31% -41.32%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,166 1,277 1,312 1,674 1,386 1,625
Enterprise Value (EV) 1 1,204 1,387 1,540 2,061 1,974 2,295
P/E ratio 45.7 x 61 x 54.8 x 139 x -12.6 x 79.1 x
Yield 0.52% - 0.55% - - 0.58%
Capitalization / Revenue 3.04 x 2.56 x 2.17 x 2.68 x 2.09 x 1.97 x
EV / Revenue 3.14 x 2.78 x 2.54 x 3.3 x 2.97 x 2.78 x
EV / EBITDA 29.3 x 27.1 x 29.7 x 45.5 x -67 x 25.7 x
EV / FCF -14.3 x -43.7 x -10.7 x -14.1 x -7.64 x -25.6 x
FCF Yield -7% -2.29% -9.31% -7.1% -13.1% -3.9%
Price to Book 2.55 x 2.82 x 2.5 x 3.06 x 2.53 x 2.88 x
Nbr of stocks (in thousands) 1,70,240 1,67,517 1,67,461 1,71,480 1,89,350 1,88,112
Reference price 2 6.850 7.621 7.836 9.760 7.320 8.640
Announcement Date 22/04/19 20/04/20 12/04/21 18/04/22 24/04/23 08/04/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 383.4 498.9 605.5 625.1 664.3 825
EBITDA 1 41.15 51.13 51.9 45.24 -29.47 89.48
EBIT 1 33.31 36.16 33.33 26.64 -74.97 44.41
Operating Margin 8.69% 7.25% 5.5% 4.26% -11.29% 5.38%
Earnings before Tax (EBT) 1 30.06 26.75 28.22 13.21 -120.3 23.52
Net income 1 25.27 21.2 24.15 12.61 -102.4 20.67
Net margin 6.59% 4.25% 3.99% 2.02% -15.41% 2.51%
EPS 2 0.1500 0.1250 0.1429 0.0700 -0.5831 0.1092
Free Cash Flow 1 -84.28 -31.73 -143.4 -146.4 -258.4 -89.58
FCF margin -21.98% -6.36% -23.68% -23.42% -38.89% -10.86%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 0.0357 - 0.0429 - - 0.0500
Announcement Date 22/04/19 20/04/20 12/04/21 18/04/22 24/04/23 08/04/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 38.2 110 228 387 588 670
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 0.9273 x 2.153 x 4.397 x 8.551 x -19.93 x 7.49 x
Free Cash Flow 1 -84.3 -31.7 -143 -146 -258 -89.6
ROE (net income / shareholders' equity) 5.86% 4.99% 4.85% 2.18% -19.6% 3.77%
ROA (Net income/ Total Assets) 2.88% 2.43% 1.76% 1.1% -2.68% 1.53%
Assets 1 878.3 873.9 1,369 1,150 3,823 1,355
Book Value Per Share 2 2.690 2.700 3.140 3.190 2.890 3.000
Cash Flow per Share 2 0.9200 1.100 1.370 1.290 0.6400 0.6900
Capex 1 67.3 98 169 199 102 69.3
Capex / Sales 17.56% 19.63% 27.94% 31.79% 15.43% 8.4%
Announcement Date 22/04/19 20/04/20 12/04/21 18/04/22 24/04/23 08/04/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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