CHINA NATIONAL CHEMICAL ENGINEERING CO., LTD Financials China National Chemical Engineering Co., Ltd
Equities
601117
CNE100000KC0
Construction & Engineering
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 8.18 CNY | -1.45% |
|
+1.74% | +28.62% |
| Apr. 28 | China National Chemical Engineering Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
| Mar. 14 | ChemChina Bags 90.71 Billion Yuan Contracts in January-February | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 31,769 | 28,957 | 73,314 | 48,509 | 38,856 | 49,975 | - | - |
| Enterprise Value (EV) 1 | 6,082 | -3,684 | 35,795 | 13,352 | -130 | 11,978 | 2,391 | -7,955 |
| P/E ratio | 10.4 x | 8.27 x | 14.3 x | 8.92 x | 7.15 x | 8.32 x | 7.26 x | 6.79 x |
| Yield | 2.9% | 3.8% | 1.22% | 2.23% | 2.8% | 2.42% | 3.17% | 2.88% |
| Capitalization / Revenue | 0.31 x | 0.26 x | 0.53 x | 0.31 x | 0.22 x | 0.25 x | 0.23 x | 0.21 x |
| EV / Revenue | 0.06 x | -0.03 x | 0.26 x | 0.08 x | -0 x | 0.06 x | 0.01 x | -0.03 x |
| EV / EBITDA | 1.23 x | -0.64 x | 5.22 x | 1.67 x | -0.02 x | 1.26 x | 0.23 x | -0.69 x |
| EV / FCF | - | - | - | - | -0.02 x | 1.32 x | 0.21 x | - |
| FCF Yield | - | - | - | - | -4,471% | 76% | 486% | - |
| Price to Book | 0.9 x | 0.84 x | 1.52 x | 0.92 x | 0.68 x | 0.8 x | 0.74 x | 0.68 x |
| Nbr of stocks (in thousands) | 4,933,000 | 4,933,000 | 6,109,471 | 6,109,471 | 6,109,471 | 6,109,471 | - | - |
| Reference price 2 | 6.440 | 5.870 | 12.00 | 7.940 | 6.360 | 8.180 | 8.180 | 8.180 |
| Announcement Date | 4/23/20 | 4/28/21 | 4/27/22 | 3/27/23 | 4/28/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 103,622 | 109,457 | 137,289 | 157,716 | 178,358 | 197,684 | 220,890 | 238,222 |
| EBITDA 1 | 4,945 | 5,752 | 6,854 | 7,983 | 8,326 | 9,501 | 10,483 | 11,533 |
| EBIT 1 | 3,882 | 4,612 | 5,671 | 6,657 | 6,820 | 7,503 | 8,728 | 9,333 |
| Operating Margin | 3.75% | 4.21% | 4.13% | 4.22% | 3.82% | 3.8% | 3.95% | 3.92% |
| Earnings before Tax (EBT) 1 | 3,909 | 4,544 | 6,041 | 6,705 | 6,905 | 7,609 | 8,753 | 9,353 |
| Net income 1 | 3,061 | 3,659 | 4,633 | 5,415 | 5,426 | 6,003 | 6,871 | 7,344 |
| Net margin | 2.95% | 3.34% | 3.37% | 3.43% | 3.04% | 3.04% | 3.11% | 3.08% |
| EPS 2 | 0.6200 | 0.7100 | 0.8400 | 0.8900 | 0.8900 | 0.9828 | 1.126 | 1.204 |
| Free Cash Flow 1 | - | - | - | - | 5,814 | 9,100 | 11,617 | - |
| FCF margin | - | - | - | - | 3.26% | 4.6% | 5.26% | - |
| FCF Conversion (EBITDA) | - | - | - | - | 69.82% | 95.78% | 110.82% | - |
| FCF Conversion (Net income) | - | - | - | - | 107.14% | 151.6% | 169.07% | - |
| Dividend per Share 2 | 0.1870 | 0.2230 | 0.1460 | 0.1770 | 0.1780 | 0.1982 | 0.2595 | 0.2359 |
| Announcement Date | 4/23/20 | 4/28/21 | 4/27/22 | 3/27/23 | 4/28/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 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 | - | 37,663 | 42,591 | 48,338 | 40,106 | 47,322 | 44,939 | 52,820 | 43,857 | 51,712 | 49,809 | 56,502 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Margin | - | - | - | - | - | - | - | - | - | - | - | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - | - | - |
| Net income | 1,071 | - | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS | 0.1800 | - | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 10/28/22 | 3/27/23 | 4/28/23 | 8/30/23 | 10/28/23 | 4/28/24 | 4/28/24 | - | - | - | - | - |
1CNY in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | 25,687 | 32,641 | 37,518 | 35,158 | 38,986 | 37,997 | 47,584 | 57,930 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | - | - | - | - | 5,814 | 9,100 | 11,617 | - |
| ROE (net income / shareholders' equity) | 9.88% | 10.5% | 11.2% | 10.7% | 9.83% | 9.66% | 10.1% | 9.96% |
| ROA (Net income/ Total Assets) | 2.88% | 2.91% | - | 2.91% | - | 2.67% | 2.83% | 2.87% |
| Assets 1 | 106,447 | 125,950 | - | 186,231 | - | 225,094 | 242,516 | 256,197 |
| Book Value Per Share 2 | 7.120 | 7.030 | 7.890 | 8.660 | 9.410 | 10.20 | 11.10 | 12.00 |
| Cash Flow per Share 2 | 0.9600 | 1.690 | 0.3700 | 0.2500 | 1.500 | 1.390 | 1.520 | 1.690 |
| Capex 1 | 748 | 857 | 3,744 | 3,030 | 3,320 | 3,170 | 3,205 | 3,239 |
| Capex / Sales | 0.72% | 0.78% | 2.73% | 1.92% | 1.86% | 1.6% | 1.45% | 1.36% |
| Announcement Date | 4/23/20 | 4/28/21 | 4/27/22 | 3/27/23 | 4/28/24 | - | - | - |
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
Trading Rating
Investor Rating
ESG Refinitiv
B
Sell
Buy
Mean consensus
BUY
Number of Analysts
10
Last Close Price
8.18
CNY
Average target price
10.82
CNY
Spread / Average Target
+32.23%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +28.62% | 6.9B | |
| -19.31% | 3.32B | |
| +40.27% | 1.99B | |
| +27.78% | 1.09B | |
| +26.26% | 467M | |
| +26.02% | 376M | |
| +18.60% | 360M | |
| +18.55% | 348M | |
| +26.42% | 271M | |
| +24.71% | 237M |
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- Financials China National Chemical Engineering Co., Ltd
