SHANDONG HI-SPEED NEW ENERGY GROUP LIMITED |
Delayed
Other stock markets
|
5-day change | 1st Jan Change | ||
| 1.87 HKD | -1.58% |
|
-1.58% | -13.43% |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 7,051 | 3,939 | 8,322 | 6,162 | 7,301 | 4,853 |
| Enterprise Value (EV) 1 | 26,525 | 28,598 | 36,507 | 36,609 | 34,352 | 31,280 |
| P/E ratio | 5.59 x | 6.48 x | 14.3 x | -15.6 x | 23.6 x | 12.8 x |
| Yield | - | - | - | - | - | - |
| Capitalization / Revenue | 1.01 x | 0.62 x | 1.5 x | 1.02 x | 1.38 x | 0.98 x |
| EV / Revenue | 3.8 x | 4.51 x | 6.58 x | 6.08 x | 6.49 x | 6.3 x |
| EV / EBITDA | 8.5 x | 11.2 x | 12.3 x | 13.8 x | 10.5 x | 8.84 x |
| EV / FCF | -7.88 x | -8.52 x | -22.4 x | -17.9 x | -43.6 x | -29.7 x |
| FCF Yield | -12.7% | -11.7% | -4.46% | -5.58% | -2.29% | -3.37% |
| Price to Book | 0.79 x | 0.48 x | 0.87 x | 0.55 x | 0.5 x | 0.34 x |
| Nbr of stocks (in thousands) | 1,270,508 | 1,270,508 | 1,270,508 | 1,270,508 | 2,246,589 | 2,246,589 |
| Reference price 2 | 5.550 | 3.100 | 6.550 | 4.850 | 3.250 | 2.160 |
| Announcement Date | 4/26/19 | 4/29/20 | 4/29/21 | 4/26/22 | 4/26/23 | 4/25/24 |
1HKD in Million2HKD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 6,980 | 6,336 | 5,552 | 6,023 | 5,296 | 4,963 |
| EBITDA 1 | 3,120 | 2,553 | 2,973 | 2,656 | 3,278 | 3,539 |
| EBIT 1 | 2,191 | 2,193 | 2,204 | 1,312 | 1,956 | 1,879 |
| Operating Margin | 31.39% | 34.62% | 39.69% | 21.79% | 36.93% | 37.86% |
| Earnings before Tax (EBT) 1 | 1,538 | 1,032 | 1,018 | -264.9 | 283.5 | 630.3 |
| Net income 1 | 1,269 | 682.9 | 660 | -321.3 | 258.2 | 378.2 |
| Net margin | 18.17% | 10.78% | 11.89% | -5.33% | 4.88% | 7.62% |
| EPS 2 | 0.9934 | 0.4783 | 0.4587 | -0.3100 | 0.1375 | 0.1683 |
| Free Cash Flow 1 | -3,365 | -3,358 | -1,628 | -2,041 | -787.3 | -1,054 |
| FCF margin | -48.2% | -53% | -29.33% | -33.89% | -14.86% | -21.24% |
| FCF Conversion (EBITDA) | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - |
| Announcement Date | 4/26/19 | 4/29/20 | 4/29/21 | 4/26/22 | 4/26/23 | 4/25/24 |
1HKD in Million2HKD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 19,474 | 24,659 | 28,186 | 30,448 | 27,051 | 26,428 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 6.241 x | 9.66 x | 9.481 x | 11.46 x | 8.253 x | 7.467 x |
| Free Cash Flow 1 | -3,365 | -3,358 | -1,628 | -2,041 | -787 | -1,054 |
| ROE (net income / shareholders' equity) | 13.9% | 7.7% | 7.35% | -2.29% | 1.66% | 2.25% |
| ROA (Net income/ Total Assets) | 3.45% | 2.87% | 2.52% | 1.46% | 2.29% | 2.2% |
| Assets 1 | 36,783 | 23,811 | 26,192 | -21,936 | 11,291 | 17,187 |
| Book Value Per Share 2 | 7.040 | 6.430 | 7.560 | 8.860 | 6.480 | 6.410 |
| Cash Flow per Share 2 | 2.180 | 2.910 | 1.980 | 0.9000 | 1.620 | 2.180 |
| Capex 1 | 3,437 | 3,311 | 2,124 | 1,347 | 966 | 1,602 |
| Capex / Sales | 49.23% | 52.26% | 38.26% | 22.36% | 18.25% | 32.27% |
| Announcement Date | 4/26/19 | 4/29/20 | 4/29/21 | 4/26/22 | 4/26/23 | 4/25/24 |
1HKD in Million2HKD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -13.43% | 547M | |
| -7.71% | 2.82B | |
| +400.69% | 2.61B | |
| -5.23% | 1.57B | |
| -20.45% | 915M | |
| -26.86% | 616M | |
| -43.92% | 616M | |
| 0.00% | 569M | |
| +427.83% | 545M | |
| +32.33% | 516M |
- Stock Market
- Equities
- 1250 Stock
- Financials Shandong Hi-Speed New Energy Group Limited