Financials Beijing Comens New Materials Co.,Ltd.

Equities

300200

CNE1000011V3

Specialty Chemicals

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
6.97 CNY +1.60% Intraday chart for Beijing Comens New Materials Co.,Ltd. +16.95% -21.06%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,838 3,346 4,603 3,987 2,974 3,805
Enterprise Value (EV) 1 1,383 2,744 3,851 3,199 2,116 3,466
P/E ratio 22 x 17.9 x 19.6 x 25.3 x 21.8 x -11 x
Yield 2.98% 3.19% 2.78% 1.6% 2.15% -
Capitalization / Revenue 1.81 x 3.49 x 4.8 x 3.63 x 2.93 x 3.68 x
EV / Revenue 1.36 x 2.86 x 4.01 x 2.91 x 2.08 x 3.35 x
EV / EBITDA 8.98 x 12.4 x 14.3 x 18.9 x 13.1 x 31.5 x
EV / FCF 7.27 x 7.75 x 22.2 x 28.8 x 22.4 x 45.2 x
FCF Yield 13.8% 12.9% 4.5% 3.47% 4.47% 2.21%
Price to Book 1.24 x 2.02 x 2.58 x 2.19 x 1.53 x 2.45 x
Nbr of stocks (in thousands) 417,042 426,623 426,229 425,524 425,491 430,973
Reference price 2 4.406 7.844 10.80 9.370 6.990 8.830
Announcement Date 4/15/19 4/24/20 4/13/21 4/8/22 3/30/23 3/29/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,016 960.1 959.7 1,100 1,016 1,035
EBITDA 1 154 221.9 270.2 169.4 161.9 109.9
EBIT 1 127.4 196 247.1 145.1 137.5 79.73
Operating Margin 12.54% 20.42% 25.75% 13.2% 13.54% 7.7%
Earnings before Tax (EBT) 1 107.3 213.3 266.1 179.3 160.7 -342.8
Net income 1 83.68 185.9 232.6 159.2 140.8 -345.2
Net margin 8.23% 19.36% 24.24% 14.48% 13.86% -33.34%
EPS 2 0.2000 0.4375 0.5500 0.3700 0.3200 -0.8000
Free Cash Flow 1 190.1 353.8 173.5 111.1 94.63 76.77
FCF margin 18.71% 36.85% 18.07% 10.1% 9.32% 7.41%
FCF Conversion (EBITDA) 123.44% 159.42% 64.19% 65.59% 58.46% 69.84%
FCF Conversion (Net income) 227.22% 190.33% 74.58% 69.79% 67.23% -
Dividend per Share 2 0.1313 0.2500 0.3000 0.1500 0.1500 -
Announcement Date 4/15/19 4/24/20 4/13/21 4/8/22 3/30/23 3/29/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 455 603 752 788 859 339
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 190 354 173 111 94.6 76.8
ROE (net income / shareholders' equity) 5.63% 11.7% 13.5% 8.84% 7.27% -19.7%
ROA (Net income/ Total Assets) 4.55% 6.69% 7.78% 4.3% 3.85% 2.25%
Assets 1 1,838 2,780 2,989 3,705 3,657 -15,311
Book Value Per Share 2 3.560 3.880 4.180 4.270 4.560 3.610
Cash Flow per Share 2 0.6200 0.1900 0.5100 0.3300 0.4600 0.4200
Capex 1 14.5 11.4 15.1 27.4 30.4 59
Capex / Sales 1.42% 1.19% 1.58% 2.49% 2.99% 5.7%
Announcement Date 4/15/19 4/24/20 4/13/21 4/8/22 3/30/23 3/29/24
1CNY in Million2CNY
Estimates
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