Financials CECEP Wind-power Corporation Co.,Ltd.

Equities

601016

CNE100001T15

Electric Utilities

End-of-day quote Shanghai S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
3.03 CNY +1.34% Intraday chart for CECEP Wind-power Corporation Co.,Ltd. -0.98% +1.00%

Valuation

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 17,104 32,635 24,670 19,424 19,617 - -
Enterprise Value (EV) 1 17,104 32,635 24,670 19,424 19,617 19,617 19,617
P/E ratio 24.7 x 42.3 x 13 x 13.4 x 12.6 x 9.62 x 10.8 x
Yield - 0.84% 2.39% 2.8% 3.3% 3.63% -
Capitalization / Revenue - 9.22 x 4.71 x 3.8 x 3.67 x 3.11 x 3.13 x
EV / Revenue - 9.22 x 4.71 x 3.8 x 3.67 x 3.11 x 3.13 x
EV / EBITDA - 15.2 x 5.53 x 5.32 x 4.64 x 4.38 x 4.1 x
EV / FCF - -8.01 x 13 x 18.1 x -6,539 x 33.2 x -
FCF Yield - -12.5% 7.71% 5.53% -0.02% 3.01% -
Price to Book - 3.06 x 1.59 x 1.16 x 1.1 x 0.97 x 0.97 x
Nbr of stocks (in thousands) 4,986,672 5,013,052 6,475,077 6,474,714 6,474,211 - -
Reference price 2 3.430 6.510 3.810 3.000 3.030 3.030 3.030
Announcement Date 3/9/21 3/10/22 3/30/23 3/28/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net sales 1 - 3,539 5,240 5,116 5,350 6,304 6,262
EBITDA 1 - 2,145 4,458 3,649 4,224 4,480 4,784
EBIT 1 - 914.7 1,975 1,821 1,926 2,544 2,292
Operating Margin - 25.85% 37.7% 35.6% 36% 40.36% 36.6%
Earnings before Tax (EBT) 1 - 904.3 1,974 1,813 1,917 2,540 2,284
Net income 1 617.9 767.5 1,630 1,511 1,582 2,050 1,845
Net margin - 21.69% 31.11% 29.54% 29.57% 32.51% 29.46%
EPS 2 0.1390 0.1540 0.2930 0.2240 0.2400 0.3150 0.2800
Free Cash Flow 1 - -4,074 1,903 1,074 -3 591 -
FCF margin - -115.11% 36.32% 20.98% -0.06% 9.38% -
FCF Conversion (EBITDA) - - 42.69% 29.42% - 13.19% -
FCF Conversion (Net income) - - 116.74% 71.05% - 28.84% -
Dividend per Share 2 - 0.0550 0.0910 0.0840 0.1000 0.1100 -
Announcement Date 3/9/21 3/10/22 3/30/23 3/28/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q1 2023 Q1
Net sales 1 - 1,272
EBITDA - -
EBIT - -
Operating Margin - -
Earnings before Tax (EBT) - -
Net income 422 -
Net margin - -
EPS - -
Dividend per Share - -
Announcement Date 4/28/22 4/27/23
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow 1 - -4,074 1,903 1,074 -3 591 -
ROE (net income / shareholders' equity) - 7.38% 13.6% 9.26% 8.88% 10.3% 9.12%
ROA (Net income/ Total Assets) - 2.09% - - - - -
Assets 1 - 36,805 - - - - -
Book Value Per Share 2 - 2.130 2.390 2.590 2.750 3.130 3.120
Cash Flow per Share 2 - 0.4200 0.7000 0.5100 0.5700 0.6500 0.7100
Capex 1 - 6,176 2,641 2,239 1,509 3,549 2,917
Capex / Sales - 174.51% 50.4% 43.76% 28.21% 56.29% 46.58%
Announcement Date 3/9/21 3/10/22 3/30/23 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
D+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
2
Last Close Price
3.03 CNY
Average target price
3.3 CNY
Spread / Average Target
+8.91%
Consensus

Annual profits - Rate of surprise

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