ANHUI PROVINCE NATURAL GAS DEVELOPMENTCO.,LTD. Financials Anhui Province Natural Gas DevelopmentCo.,Ltd.
Equities
603689
CNE100002ZG5
Natural Gas Utilities
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 8.94 CNY | +1.13% |
|
+3.47% | +2.88% |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 3,555 | 3,746 | 4,160 | 3,535 | 3,697 | 4,156 |
| Enterprise Value (EV) 1 | 3,600 | 3,858 | 4,168 | 3,582 | 4,961 | 5,661 |
| P/E ratio | 20.3 x | 16.6 x | 20 x | 17.8 x | 17.5 x | 14.7 x |
| Yield | 1.51% | 1.88% | 1.53% | 1.81% | 2.54% | 4.03% |
| Capitalization / Revenue | 1.1 x | 0.9 x | 0.87 x | 0.72 x | 0.62 x | 0.68 x |
| EV / Revenue | 1.11 x | 0.92 x | 0.87 x | 0.73 x | 0.84 x | 0.93 x |
| EV / EBITDA | 9.74 x | 8.63 x | 9.7 x | 7.9 x | 9.76 x | 9.76 x |
| EV / FCF | -146 x | -102 x | 34.5 x | 71.4 x | -32.2 x | -527 x |
| FCF Yield | -0.68% | -0.98% | 2.9% | 1.4% | -3.11% | -0.19% |
| Price to Book | 1.76 x | 1.7 x | 1.77 x | 1.38 x | 1.33 x | 1.37 x |
| Nbr of stocks (in thousands) | 470,400 | 470,400 | 470,400 | 470,400 | 470,405 | 478,232 |
| Reference price 2 | 7.557 | 7.964 | 8.843 | 7.514 | 7.860 | 8.690 |
| Announcement Date | 4/17/19 | 4/28/20 | 4/2/21 | 4/8/22 | 4/7/23 | 4/12/24 |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 3,241 | 4,171 | 4,764 | 4,937 | 5,927 | 6,104 |
| EBITDA 1 | 369.7 | 446.9 | 429.7 | 453.4 | 508.3 | 580.2 |
| EBIT 1 | 231.6 | 298.7 | 274.3 | 281.6 | 359.1 | 443.1 |
| Operating Margin | 7.15% | 7.16% | 5.76% | 5.7% | 6.06% | 7.26% |
| Earnings before Tax (EBT) 1 | 232.6 | 301.1 | 284.7 | 274.7 | 333.1 | 452.8 |
| Net income 1 | 176.4 | 223.9 | 209.1 | 206.4 | 258.3 | 344 |
| Net margin | 5.44% | 5.37% | 4.39% | 4.18% | 4.36% | 5.64% |
| EPS 2 | 0.3714 | 0.4786 | 0.4429 | 0.4214 | 0.4500 | 0.5900 |
| Free Cash Flow 1 | -24.57 | -37.76 | 120.7 | 50.19 | -154.3 | -10.75 |
| FCF margin | -0.76% | -0.91% | 2.53% | 1.02% | -2.6% | -0.18% |
| FCF Conversion (EBITDA) | - | - | 28.1% | 11.07% | - | - |
| FCF Conversion (Net income) | - | - | 57.75% | 24.32% | - | - |
| Dividend per Share 2 | 0.1143 | 0.1500 | 0.1357 | 0.1357 | 0.2000 | 0.3500 |
| Announcement Date | 4/17/19 | 4/28/20 | 4/2/21 | 4/8/22 | 4/7/23 | 4/12/24 |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 44.6 | 112 | 7.88 | 47.3 | 1,263 | 1,506 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 0.1207 x | 0.2504 x | 0.0183 x | 0.1044 x | 2.485 x | 2.595 x |
| Free Cash Flow 1 | -24.6 | -37.8 | 121 | 50.2 | -154 | -10.7 |
| ROE (net income / shareholders' equity) | 7.56% | 9.36% | 8.32% | 7.09% | 8.43% | 10% |
| ROA (Net income/ Total Assets) | 4.63% | 5.68% | 4.83% | 3.97% | 4.02% | 4.18% |
| Assets 1 | 3,811 | 3,940 | 4,332 | 5,194 | 6,430 | 8,226 |
| Book Value Per Share 2 | 4.290 | 4.680 | 4.990 | 5.460 | 5.890 | 6.360 |
| Cash Flow per Share 2 | 0.9800 | 0.8400 | 1.120 | 1.830 | 1.390 | 1.500 |
| Capex 1 | 212 | 268 | 337 | 371 | 523 | 574 |
| Capex / Sales | 6.54% | 6.43% | 7.07% | 7.51% | 8.83% | 9.41% |
| Announcement Date | 4/17/19 | 4/28/20 | 4/2/21 | 4/8/22 | 4/7/23 | 4/12/24 |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| +2.88% | 590M | |
| -0.17% | 14.24B | |
| +20.96% | 9.72B | |
| +3.55% | 8.44B | |
| +7.37% | 7.68B | |
| -3.52% | 7.32B | |
| +31.32% | 5.71B | |
| -1.50% | 5.43B | |
| +18.91% | 5.34B | |
| -31.43% | 5.29B |
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- 603689 Stock
- Financials Anhui Province Natural Gas DevelopmentCo.,Ltd.
