Financials Shanghai Nenghui Technology Co.,Ltd.

Equities

End-of-day quote Shenzhen S.E. Other stock markets 06:00:00 2024-05-30 pm EDT			5-day change	1st Jan Change
22.44 ^CNY	-1.71%		-1.41%	-17.26%

Apr. 25	Shanghai Nenghui Technology Co.,Ltd. Proposes Final Dividend for the Year 2023	CI
Apr. 24	Shanghai Nenghui Technology Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024	CI

Fiscal Period: December	2022	2023	2024	2025	2026
Capitalization ¹	5,190	4,060	3,359	-	-
Enterprise Value (EV) ¹	5,190	4,060	3,359	3,359	3,359
P/E ratio	204 x	69.5 x	37.4 x	18.7 x	24.4 x
Yield	-	-	-	-	-
Capitalization / Revenue	-	6.87 x	3.14 x	2.12 x	1.69 x
EV / Revenue	-	6.87 x	3.14 x	2.12 x	1.69 x
EV / EBITDA	-	53 x	31.2 x	16.8 x	19.5 x
EV / FCF	-	-	-	-	-
FCF Yield	-	-	-	-	-
Price to Book	-	5 x	3.79 x	3.04 x	3.21 x
Nbr of stocks (in thousands)	149,790	149,690	149,691	-	-
Reference price ²	34.65	27.12	22.44	22.44	22.44
Announcement Date	3/16/23	4/24/24	-	-	-

¹CNY in Million²CNY

Estimates

Fiscal Period: December	2022	2023	2024	2025	2026
Net sales ¹	-	590.8	1,069	1,586	1,987
EBITDA ¹	-	76.54	107.8	199.6	172.2
EBIT ¹	-	63.45	99.67	189.8	151
Operating Margin	-	10.74%	9.32%	11.96%	7.6%
Earnings before Tax (EBT) ¹	-	63.3	99.52	194.3	151.9
Net income ¹	26.14	58.19	90.19	179.4	137.6
Net margin	-	9.85%	8.44%	11.31%	6.93%
EPS ²	0.1700	0.3900	0.6000	1.200	0.9200
Free Cash Flow	-	-	-	-	-
FCF margin	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-
Dividend per Share	-	-	-	-	-
Announcement Date	3/16/23	4/24/24	-	-	-

¹CNY in Million²CNY

Estimates

Fiscal Period: December	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-
Net Cash position	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-
Free Cash Flow	-	-	-	-	-
ROE (net income / shareholders' equity)	-	7.2%	10.4%	16%	13.7%
ROA (Net income/ Total Assets)	-	-	-	-	-
Assets ¹	-	-	-	-	-
Book Value Per Share ²	-	5.420	5.920	7.370	7.000
Cash Flow per Share ²	-	-1.070	-0.2000	-0.3000	0.4100
Capex ¹	-	-	0.46	-	-
Capex / Sales	-	-	0.04%	-	-
Announcement Date	3/16/23	4/24/24	-	-	-

¹CNY in Million²CNY

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

22.44 CNY

Average target price

24.44 CNY

Spread / Average Target

+8.91%

	1st Jan change	Capi.
SHANGHAI NENGHUI TECHNOLOGY CO.,LTD.	-17.26%	472M
CHINA ENERGY ENGINEERING CORPORATION LIMITED	+14.10%	10.85B
CADELER A/S	+39.60%	2.15B
STERLING AND WILSON RENEWABLE ENERGY LIMITED	+62.33%	1.98B
XINTE ENERGY CO., LTD.	-13.89%	1.74B
THYSSENKRUPP NUCERA AG & CO. KGAA	-37.13%	1.58B
TAIWAN COGENERATION CORPORATION	+16.15%	1.04B
WEST HOLDINGS CORPORATION	-8.72%	676M
FUJIAN YONGFU POWER ENGINEERING CO.,LTD.	-3.81%	671M
SUWEN ELECTRIC ENERGY TECHNOLOGY CO.,LTD.	-30.60%	657M