Financials Zhejiang Rongsheng Environmental Protection PaperCo., Ltd.

Equities

603165

CNE100002G68

Paper Products

End-of-day quote Shanghai S.E. 06:00:00 2024-06-11 pm EDT 5-day change 1st Jan Change
11 CNY +1.85% Intraday chart for Zhejiang Rongsheng Environmental Protection PaperCo., Ltd. -0.54% -8.18%

Valuation

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Capitalization 1 3,045 5,071 2,951 3,243 2,978 -
Enterprise Value (EV) 1 3,045 5,071 2,951 3,243 2,978 2,978
P/E ratio 13.4 x 18.2 x 17.3 x 12 x 8.42 x 7.01 x
Yield - 1.82% - 4.09% 4.91% 4.36%
Capitalization / Revenue - 2.1 x - 1.42 x 0.91 x 0.58 x
EV / Revenue - 2.1 x - 1.42 x 0.91 x 0.58 x
EV / EBITDA - - - 8.89 x 5.75 x 6.73 x
EV / FCF - 599,604,928 x - - - -
FCF Yield - 0% - - - -
Price to Book - 2.71 x - 1.56 x 1.24 x 1.15 x
Nbr of stocks (in thousands) 250,406 263,170 270,716 270,715 270,718 -
Reference price 2 12.16 19.27 10.90 11.98 11.00 11.00
Announcement Date 3/30/21 3/21/22 4/21/23 2/27/24 - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Net sales 1 - 2,415 - 2,291 3,256 5,107
EBITDA 1 - - - 365 518 442.2
EBIT 1 - 276.7 - 268.5 404 432.2
Operating Margin - 11.46% - 11.72% 12.41% 8.46%
Earnings before Tax (EBT) 1 - 276.5 - 267.8 404 478.2
Net income 1 231.9 284.4 168.1 270.7 363.5 437.4
Net margin - 11.78% - 11.81% 11.16% 8.57%
EPS 2 0.9100 1.060 0.6300 1.000 1.307 1.570
Free Cash Flow - 8.458 - - - -
FCF margin - 0.35% - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - 2.97% - - - -
Dividend per Share 2 - 0.3500 - 0.4900 0.5400 0.4800
Announcement Date 3/30/21 3/21/22 4/21/23 2/27/24 - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Net Debt - - - - - -
Net Cash position - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - 8.46 - - - -
ROE (net income / shareholders' equity) - 16.3% - 13% 15.5% 17%
ROA (Net income/ Total Assets) - - - 8.61% 11.9% -
Assets 1 - - - 3,143 3,055 -
Book Value Per Share 2 - 7.110 - 7.680 8.890 9.570
Cash Flow per Share 2 - 0.3800 - 0.9000 0.9300 1.000
Capex 1 - 93.1 - 72.4 203 95
Capex / Sales - 3.85% - 3.16% 6.22% 1.86%
Announcement Date 3/30/21 3/21/22 4/21/23 2/27/24 - -
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

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
11 CNY
Average target price
18 CNY
Spread / Average Target
+63.64%
Consensus

Annual profits - Rate of surprise

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