Financials Sichuan Road & Bridge Group Co.,Ltd

Equities

600039

CNE000001DQ4

Construction & Engineering

End-of-day quote Shanghai S.E. 06:00:00 2024-06-03 pm EDT 5-day change 1st Jan Change
8.19 CNY +0.74% Intraday chart for Sichuan Road & Bridge Group Co.,Ltd +7.06% +9.35%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 12,131 21,547 57,496 69,227 65,280 71,377 - -
Enterprise Value (EV) 1 12,131 21,547 57,496 69,227 65,280 71,377 71,377 71,377
P/E ratio 7.13 x 5.75 x 10.3 x 6.14 x 7.2 x 7.41 x 6.72 x 5.98 x
Yield 2.08% - - - - - - -
Capitalization / Revenue 0.23 x - 0.68 x 0.51 x 0.57 x 0.56 x 0.51 x 0.45 x
EV / Revenue 0.23 x - 0.68 x 0.51 x 0.57 x 0.56 x 0.51 x 0.45 x
EV / EBITDA - - 7.54 x 4.55 x 5.04 x 3.63 x 3.1 x 2.68 x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 0.78 x - 2.13 x 1.66 x 1.45 x 1.38 x 1.21 x 1.07 x
Nbr of stocks (in thousands) 5,054,736 6,688,598 6,685,602 8,715,578 8,715,578 8,715,201 - -
Reference price 2 2.400 3.221 8.600 7.943 7.490 8.190 8.190 8.190
Announcement Date 4/30/20 4/19/21 3/2/22 3/30/23 4/22/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 52,725 - 85,049 135,151 115,042 126,763 140,912 158,010
EBITDA 1 - - 7,621 15,201 12,952 19,690 23,018 26,585
EBIT 1 2,103 - 6,781 13,615 11,049 11,765 12,995 14,631
Operating Margin 3.99% - 7.97% 10.07% 9.6% 9.28% 9.22% 9.26%
Earnings before Tax (EBT) 1 2,132 - 6,848 13,657 10,968 11,775 12,993 14,593
Net income 1 1,702 3,025 5,582 11,213 9,004 9,625 10,622 11,936
Net margin 3.23% - 6.56% 8.3% 7.83% 7.59% 7.54% 7.55%
EPS 2 0.3367 0.5603 0.8357 1.293 1.040 1.106 1.218 1.370
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 0.0500 - - - - - - -
Announcement Date 4/30/20 4/19/21 3/2/22 3/30/23 4/22/24 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 11.5% - 21.1% 26.8% 20.7% 18.5% 18% 17.7%
ROA (Net income/ Total Assets) 1.85% - - 6.16% - 3.85% 3.8% 3.9%
Assets 1 91,844 - - 181,927 - 249,989 279,528 306,060
Book Value Per Share 2 3.090 - 4.040 4.790 5.180 5.910 6.740 7.680
Cash Flow per Share 2 1.460 - -0.1500 1.540 -0.2400 1.970 2.230 2.530
Capex 1 5,045 - 2,558 5,328 7,744 7,501 7,773 7,881
Capex / Sales 9.57% - 3.01% 3.94% 6.73% 5.92% 5.52% 4.99%
Announcement Date 4/30/20 4/19/21 3/2/22 3/30/23 4/22/24 - - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
D
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
8.19 CNY
Average target price
10 CNY
Spread / Average Target
+22.16%
Consensus

Annual profits - Rate of surprise

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