ZHENGPING ROAD & BRIDGE CONSTRUCTION CO.,LTD. Financials Zhengping Road & Bridge Construction Co.,Ltd.
Equities
603843
CNE1000030N0
Construction & Engineering
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 3.21 CNY | +0.94% |
|
+3.55% | -8.02% |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 3,120 | 2,621 | 2,139 | 3,260 | 2,994 | 2,442 |
| Enterprise Value (EV) 1 | 4,235 | 3,668 | 2,512 | 4,096 | 4,310 | 4,665 |
| P/E ratio | 45.9 x | 36 x | 19.1 x | 25.9 x | -13.8 x | -4.59 x |
| Yield | 0.38% | 0.43% | 0.79% | 0.52% | - | - |
| Capitalization / Revenue | 1.11 x | 0.7 x | 0.44 x | 0.64 x | 1.35 x | 1.28 x |
| EV / Revenue | 1.51 x | 0.98 x | 0.51 x | 0.8 x | 1.94 x | 2.45 x |
| EV / EBITDA | 16.6 x | 12.2 x | 6.94 x | 12.3 x | -94.7 x | -12.9 x |
| EV / FCF | 200 x | 17.8 x | 2.91 x | -25.9 x | -7.27 x | -6.57 x |
| FCF Yield | 0.5% | 5.61% | 34.3% | -3.86% | -13.7% | -15.2% |
| Price to Book | 2.33 x | 1.88 x | 1.43 x | 1.73 x | 1.91 x | 2.51 x |
| Nbr of stocks (in thousands) | 560,004 | 560,004 | 560,004 | 699,623 | 699,623 | 699,623 |
| Reference price 2 | 5.571 | 4.680 | 3.820 | 4.660 | 4.280 | 3.490 |
| Announcement Date | 4/25/19 | 4/29/20 | 4/22/21 | 4/28/22 | 4/28/23 | 4/29/24 |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 2,812 | 3,729 | 4,892 | 5,126 | 2,222 | 1,906 |
| EBITDA 1 | 254.4 | 301.4 | 362.1 | 332.3 | -45.51 | -361.4 |
| EBIT 1 | 215.7 | 260.7 | 312.5 | 276.4 | -102.7 | -409.7 |
| Operating Margin | 7.67% | 6.99% | 6.39% | 5.39% | -4.62% | -21.5% |
| Earnings before Tax (EBT) 1 | 120.3 | 123.6 | 165 | 151.5 | -227.4 | -586.4 |
| Net income 1 | 69.78 | 71.41 | 110.3 | 111.4 | -213.6 | -531.6 |
| Net margin | 2.48% | 1.92% | 2.26% | 2.17% | -9.61% | -27.9% |
| EPS 2 | 0.1214 | 0.1300 | 0.2000 | 0.1800 | -0.3100 | -0.7600 |
| Free Cash Flow 1 | 21.21 | 205.9 | 862.1 | -158 | -592.5 | -709.8 |
| FCF margin | 0.75% | 5.52% | 17.62% | -3.08% | -26.66% | -37.25% |
| FCF Conversion (EBITDA) | 8.34% | 68.31% | 238.07% | - | - | - |
| FCF Conversion (Net income) | 30.4% | 288.37% | 781.34% | - | - | - |
| Dividend per Share 2 | 0.0214 | 0.0200 | 0.0300 | 0.0240 | - | - |
| Announcement Date | 4/25/19 | 4/29/20 | 4/22/21 | 4/28/22 | 4/28/23 | 4/29/24 |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 1,115 | 1,047 | 373 | 835 | 1,316 | 2,223 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 4.382 x | 3.473 x | 1.03 x | 2.514 x | -28.91 x | -6.152 x |
| Free Cash Flow 1 | 21.2 | 206 | 862 | -158 | -593 | -710 |
| ROE (net income / shareholders' equity) | 6.63% | 6.16% | 7.76% | 5.62% | -10.4% | -34.6% |
| ROA (Net income/ Total Assets) | 2.8% | 2.69% | 2.84% | 2% | -0.69% | -2.99% |
| Assets 1 | 2,494 | 2,659 | 3,886 | 5,582 | 30,910 | 17,762 |
| Book Value Per Share 2 | 2.390 | 2.490 | 2.670 | 2.700 | 2.250 | 1.390 |
| Cash Flow per Share 2 | 0.7900 | 1.120 | 1.520 | 1.310 | 0.9600 | 0.5800 |
| Capex 1 | 94.2 | 109 | 184 | 725 | 540 | 303 |
| Capex / Sales | 3.35% | 2.92% | 3.77% | 14.14% | 24.3% | 15.88% |
| Announcement Date | 4/25/19 | 4/29/20 | 4/22/21 | 4/28/22 | 4/28/23 | 4/29/24 |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| -8.02% | 310M | |
| +1.14% | 71.21B | |
| +1.68% | 57.12B | |
| +25.63% | 39.69B | |
| +22.45% | 33.86B | |
| +11.14% | 29.11B | |
| +21.48% | 22.01B | |
| +12.46% | 19.05B | |
| +80.34% | 18.26B | |
| +35.92% | 17.9B |
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- Financials Zhengping Road & Bridge Construction Co.,Ltd.
