Financials Chengdu Guibao Science & Technology Co.,Ltd.

Equities

300019

CNE100000GN5

Specialty Chemicals

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
13.22 CNY 0.00% Intraday chart for Chengdu Guibao Science & Technology Co.,Ltd. -13.37% -19.93%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 3,313 5,713 7,876 6,141 6,449 5,170 - -
Enterprise Value (EV) 1 3,313 5,713 7,876 6,141 6,449 5,170 5,170 5,170
P/E ratio 25.5 x 28.4 x 28.7 x 24.6 x 20.5 x 13.5 x 10.8 x 7.7 x
Yield - - 1.49% 1.91% 1.82% 3.03% 3.25% 4.08%
Capitalization / Revenue - 3.75 x 3.08 x 2.28 x 2.47 x 1.56 x 1.18 x 0.98 x
EV / Revenue - 3.75 x 3.08 x 2.28 x 2.47 x 1.56 x 1.18 x 0.98 x
EV / EBITDA - 20.9 x 22.3 x 18.4 x 15.4 x 10.3 x 8.54 x 6.08 x
EV / FCF - - 89.2 x - 26 x -55.6 x 22.8 x 16.7 x
FCF Yield - - 1.12% - 3.84% -1.8% 4.39% 6%
Price to Book - 5.45 x 3.69 x 2.76 x 2.65 x 1.91 x 1.7 x 1.5 x
Nbr of stocks (in thousands) 327,342 330,402 390,660 390,620 390,595 391,065 - -
Reference price 2 10.12 17.29 20.16 15.72 16.51 13.22 13.22 13.22
Announcement Date 3/30/20 3/26/21 3/25/22 2/10/23 2/2/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 - 1,524 2,556 2,694 2,606 3,320 4,392 5,250
EBITDA 1 - 273.4 352.7 333 418.4 503.3 605.2 851
EBIT 1 - 230.2 302.9 277.1 357 435.2 541.8 752.7
Operating Margin - 15.11% 11.85% 10.28% 13.7% 13.11% 12.34% 14.34%
Earnings before Tax (EBT) 1 - 229.8 299.3 276.3 355.4 434.4 541.2 752
Net income 1 131.6 201.3 267.7 250.3 315.2 383.8 480 671.7
Net margin - 13.21% 10.47% 9.29% 12.1% 11.56% 10.93% 12.79%
EPS 2 0.3976 0.6082 0.7024 0.6400 0.8059 0.9780 1.227 1.717
Free Cash Flow 1 - - 88.25 - 247.7 -93 227 310
FCF margin - - 3.45% - 9.51% -2.8% 5.17% 5.91%
FCF Conversion (EBITDA) - - 25.02% - 59.21% - 37.51% 36.43%
FCF Conversion (Net income) - - 32.97% - 78.59% - 47.29% 46.15%
Dividend per Share 2 - - 0.3000 0.3000 0.3000 0.4000 0.4300 0.5400
Announcement Date 3/30/20 3/26/21 3/25/22 2/10/23 2/2/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 - 637.6 675.4 530.7 - 693.2 474.5 825 894 862 804 1,005
EBITDA - - - - - - - - - - - -
EBIT - - - - - - - - - - - -
Operating Margin - - - - - - - - - - - -
Earnings before Tax (EBT) - - - - - - - - - - - -
Net income 102.8 - - - 91.24 - - - - - - -
Net margin - - - - - - - - - - - -
EPS 0.2628 - - - 0.2333 - - - - - - -
Dividend per Share - - - - - - - - - - - -
Announcement Date 8/19/22 10/24/22 2/10/23 4/21/23 10/18/23 2/2/24 4/19/24 - - - - -
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 - - 88.3 - 248 -93 227 310
ROE (net income / shareholders' equity) - 20.9% 14.7% 11.8% 13.7% 14.2% 15.6% 19%
ROA (Net income/ Total Assets) - - - 8.64% - 10.4% 10.9% 13.6%
Assets 1 - - - 2,897 - 3,686 4,392 4,957
Book Value Per Share 2 - 3.170 5.460 5.690 6.240 6.920 7.780 8.840
Cash Flow per Share 2 - 0.6700 0.4600 0.3200 1.110 0.6200 1.560 2.060
Capex 1 - - 87.3 107 188 189 154 129
Capex / Sales - - 3.42% 3.98% 7.22% 5.68% 3.51% 2.45%
Announcement Date 3/30/20 3/26/21 3/25/22 2/10/23 2/2/24 - - -
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
7
Last Close Price
13.22 CNY
Average target price
18.2 CNY
Spread / Average Target
+37.67%
Consensus

Quarterly revenue - Rate of surprise

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