Financials Anhui Honglu Steel Construction(Group) CO., LTD

Equities

002541

CNE100000Z75

Construction & Engineering

End-of-day quote Shenzhen S.E. 06:00:00 2024-05-06 pm EDT 5-day change 1st Jan Change
20.3 CNY -0.10% Intraday chart for Anhui Honglu Steel Construction(Group) CO., LTD +6.56% -6.58%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 5,546 19,131 28,418 20,210 14,994 13,953 - -
Enterprise Value (EV) 1 5,546 20,536 31,079 25,084 20,475 21,044 20,108 20,057
P/E ratio 9.9 x 24 x 25.5 x 17.8 x 13 x 10.8 x 8.98 x 8.62 x
Yield 1.51% 0.63% 0.62% 0.89% 1.2% 1.45% 1.66% 1.87%
Capitalization / Revenue 0.52 x 1.42 x 1.46 x 1.02 x 0.64 x 0.52 x 0.45 x 0.41 x
EV / Revenue 0.52 x 1.53 x 1.59 x 1.26 x 0.87 x 0.78 x 0.65 x 0.59 x
EV / EBITDA 6.11 x 15.7 x 16.7 x 12.2 x 10.5 x 9.26 x 7.65 x 7.18 x
EV / FCF - - - -21,041,169 x - - - -
FCF Yield - - - -0% - - - -
Price to Book 1.12 x 3.19 x 3.91 x 2.54 x 1.63 x 1.35 x 1.19 x 1.06 x
Nbr of stocks (in thousands) 680,835 680,835 690,011 690,011 690,011 687,361 - -
Reference price 2 8.146 28.10 41.18 29.29 21.73 20.30 20.30 20.30
Announcement Date 2/28/20 2/26/21 2/27/22 3/30/23 3/29/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 10,755 13,460 19,515 19,848 23,539 26,960 30,833 34,128
EBITDA 1 908.3 1,306 1,858 2,060 1,955 2,272 2,627 2,794
EBIT 1 671.1 1,022 1,511 1,409 1,402 1,540 1,887 2,017
Operating Margin 6.24% 7.6% 7.74% 7.1% 5.96% 5.71% 6.12% 5.91%
Earnings before Tax (EBT) 1 678.1 1,019 1,512 1,406 1,388 1,591 1,920 2,032
Net income 1 559.1 795.3 1,150 1,163 1,179 1,350 1,611 1,710
Net margin 5.2% 5.91% 5.89% 5.86% 5.01% 5.01% 5.23% 5.01%
EPS 2 0.8231 1.169 1.615 1.650 1.670 1.885 2.259 2.356
Free Cash Flow - - - -1,192 - - - -
FCF margin - - - -6.01% - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 0.1231 0.1769 0.2538 0.2600 0.2600 0.2950 0.3367 0.3798
Announcement Date 2/28/20 2/26/21 2/27/22 3/30/23 3/29/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 6,137 3,519 5,382 5,524 5,423 5,018 6,054 5,897 6,571 4,427 6,250 6,250 8,073 5,440 9,029
EBITDA 1 646.9 301.3 521.4 546.2 - - - - - - 701.8 550.2 550.2 448.8 783.2
EBIT 1 452.9 246.5 400.7 449.8 312.3 249.8 417.2 368.2 366.9 253.9 333.2 354.9 475.2 250.8 585.2
Operating Margin 7.38% 7.01% 7.45% 8.14% 5.76% 4.98% 6.89% 6.24% 5.58% 5.73% 5.33% 5.68% 5.89% 4.61% 6.48%
Earnings before Tax (EBT) - - - - - - - - - - - - - - -
Net income - - - - - - - - - - - - - - -
Net margin - - - - - - - - - - - - - - -
EPS 2 0.4462 0.2412 0.4200 0.5200 0.4000 0.2907 0.5000 0.4700 0.4100 0.2945 0.6037 0.5605 0.3405 0.3169 0.7395
Dividend per Share 2 0.2538 - - - 0.2600 - - - - - - - 0.2976 - -
Announcement Date 2/27/22 4/27/22 8/24/22 10/27/22 3/30/23 4/27/23 8/24/23 10/25/23 3/29/24 4/26/24 - - - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - 1,404 2,661 4,874 5,481 7,090 6,154 6,104
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) - 1.076 x 1.432 x 2.366 x 2.804 x 3.12 x 2.342 x 2.184 x
Free Cash Flow - - - -1,192 - - - -
ROE (net income / shareholders' equity) 12% 15% 17.9% 15% 13.5% 13.4% 13.3% 12.7%
ROA (Net income/ Total Assets) 4.83% 5.49% 6.43% 5.79% - 5.17% 5.43% 5.27%
Assets 1 11,586 14,486 17,892 20,083 - 26,123 29,669 32,474
Book Value Per Share 2 7.250 8.810 10.50 11.60 13.30 15.10 17.10 19.10
Cash Flow per Share 2 1.280 0.2300 -0.2800 0.9000 1.590 1.370 1.780 2.340
Capex 1 1,352 1,163 1,625 1,815 1,655 1,363 1,232 1,374
Capex / Sales 12.57% 8.64% 8.33% 9.14% 7.03% 5.06% 3.99% 4.02%
Announcement Date 2/28/20 2/26/21 2/27/22 3/30/23 3/29/24 - - -
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
14
Last Close Price
20.3 CNY
Average target price
25.43 CNY
Spread / Average Target
+25.27%
Consensus
  1. Stock Market
  2. Equities
  3. 002541 Stock
  4. Financials Anhui Honglu Steel Construction(Group) CO., LTD
-40% Limited Time Offer: Our subscriptions help you unlock hidden opportunities.
SIGN UP NOW