WANGNENG ENVIRONMENT CO.,LTD Financials Wangneng Environment Co.,Ltd
Equities
002034
CNE000001KW7
Environmental Services & Equipment
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 14.88 CNY | -0.27% |
|
-0.67% | -2.43% |
| May. 22 | Wangneng Environment Co.,Ltd Approves Cash Dividend for the Year 2023 | CI |
| Apr. 26 | Wangneng Environment Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 6,169 | 6,708 | 7,417 | 7,748 | 6,550 | 6,391 | - | - |
| Enterprise Value (EV) 1 | 6,169 | 6,708 | 7,417 | 7,748 | 6,550 | 6,391 | 6,391 | 6,391 |
| P/E ratio | 15 x | 12.7 x | 12.8 x | 11.6 x | 11.8 x | 8.91 x | 7.94 x | 7.28 x |
| Yield | 0.68% | 3.14% | 1.74% | 2.77% | 1.97% | 3.26% | 5.24% | 2.86% |
| Capitalization / Revenue | 5.44 x | 3.95 x | 2.5 x | 2.31 x | 2.06 x | 1.88 x | 1.65 x | 1.65 x |
| EV / Revenue | 5.44 x | 3.95 x | 2.5 x | 2.31 x | 2.06 x | 1.88 x | 1.65 x | 1.65 x |
| EV / EBITDA | 8.11 x | 6.78 x | 5.49 x | 4.7 x | 5.04 x | 3.57 x | 3.33 x | 3.12 x |
| EV / FCF | - | - | - | -91,801,847 x | 23,057,341 x | - | - | - |
| FCF Yield | - | - | - | -0% | 0% | - | - | - |
| Price to Book | 1.5 x | 1.46 x | 1.42 x | 1.31 x | 1.05 x | 0.93 x | 0.84 x | 0.78 x |
| Nbr of stocks (in thousands) | 416,565 | 421,365 | 429,489 | 429,496 | 429,496 | 429,496 | - | - |
| Reference price 2 | 14.81 | 15.92 | 17.27 | 18.04 | 15.25 | 14.88 | 14.88 | 14.88 |
| Announcement Date | 2/27/20 | 1/26/21 | 1/25/22 | 3/15/23 | 3/28/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,135 | 1,698 | 2,968 | 3,350 | 3,178 | 3,407 | 3,866 | 3,871 |
| EBITDA 1 | 760.9 | 989.3 | 1,352 | 1,647 | 1,301 | 1,791 | 1,918 | 2,049 |
| EBIT 1 | 478.2 | 569.1 | 688.5 | 753.3 | 630.3 | 794.3 | 882.4 | 988.2 |
| Operating Margin | 42.13% | 33.51% | 23.2% | 22.49% | 19.84% | 23.31% | 22.82% | 25.53% |
| Earnings before Tax (EBT) 1 | 474.2 | 568.6 | 686.3 | 783.3 | 629.7 | 794.1 | 885.5 | 989.4 |
| Net income 1 | 411.4 | 522.2 | 648 | 721.8 | 603.1 | 715.7 | 803.9 | 878.3 |
| Net margin | 36.25% | 30.75% | 21.83% | 21.55% | 18.98% | 21.01% | 20.79% | 22.69% |
| EPS 2 | 0.9900 | 1.250 | 1.350 | 1.560 | 1.290 | 1.670 | 1.873 | 2.043 |
| Free Cash Flow | - | - | - | -84.4 | 284.1 | - | - | - |
| FCF margin | - | - | - | -2.52% | 8.94% | - | - | - |
| FCF Conversion (EBITDA) | - | - | - | - | 21.84% | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | 47.1% | - | - | - |
| Dividend per Share 2 | 0.1000 | 0.5000 | 0.3000 | 0.5000 | 0.3000 | 0.4850 | 0.7800 | 0.4250 |
| Announcement Date | 2/27/20 | 1/26/21 | 1/25/22 | 3/15/23 | 3/28/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2022 Q1 | 2022 S1 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | - | - | 864 | 1,021 | 865 | - | 860.3 | 777.4 | 786.4 | 958 | 1,028 | 1,215 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Margin | - | - | - | - | - | - | - | - | - | - | - | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - | - | - |
| Net income | 168.9 | 334.5 | - | - | - | 187.2 | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS | - | 0.5900 | - | - | - | 0.2800 | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 4/27/22 | 8/18/22 | 10/27/22 | 3/15/23 | 4/19/23 | 8/24/23 | 10/26/23 | 3/28/24 | 4/26/24 | - | - | - |
1CNY in Million
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 | - | - | - | -84.4 | 284 | - | - | - |
| ROE (net income / shareholders' equity) | 10.7% | 12% | 12.9% | 12.7% | 9.63% | 10.3% | 10.7% | 10.7% |
| ROA (Net income/ Total Assets) | 5.39% | 4.95% | 5.25% | 4.98% | 4.17% | 4.69% | 4.97% | 5.28% |
| Assets 1 | 7,631 | 10,549 | 12,340 | 14,493 | 14,456 | 15,260 | 16,176 | 16,651 |
| Book Value Per Share 2 | 9.840 | 10.90 | 12.20 | 13.80 | 14.50 | 16.00 | 17.70 | 19.10 |
| Cash Flow per Share 2 | 1.710 | 2.280 | 3.040 | 3.510 | 2.940 | 4.660 | 3.810 | 4.480 |
| Capex 1 | 2,311 | 1,669 | 1,452 | 1,591 | 977 | 1,415 | 1,149 | 1,150 |
| Capex / Sales | 203.61% | 98.28% | 48.92% | 47.49% | 30.74% | 41.51% | 29.71% | 29.71% |
| Announcement Date | 2/27/20 | 1/26/21 | 1/25/22 | 3/15/23 | 3/28/24 | - | - | - |
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
Sell
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
14.88
CNY
Average target price
17.64
CNY
Spread / Average Target
+18.58%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -2.43% | 882M | |
| +9.10% | 42.01B | |
| -6.76% | 11.77B | |
| +16.35% | 5.78B | |
| -0.20% | 4.59B | |
| +3.53% | 4.16B | |
| -7.35% | 2.24B | |
| +11.83% | 2.18B | |
| -6.48% | 1.52B | |
| -4.03% | 1.47B |
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