CHENGTUN MINING GROUP CO., LTD. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 4.64 CNY | +3.57% |
|
-0.85% | +6.91% |
| Apr. 22 | Chengtun Mining Group Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
| Apr. 22 | Chinese Securities Regulator Warns Chengtun Mining on Inaccurate Earnings | MT |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 8,366 | 12,210 | 23,957 | 29,477 | 18,502 | 13,591 |
| Enterprise Value (EV) 1 | 9,771 | 12,986 | 26,578 | 32,399 | 21,185 | 20,449 |
| P/E ratio | 18.7 x | 36.5 x | 359 x | 28.6 x | -180 x | 51.4 x |
| Yield | 0.5% | 0.79% | 0.11% | 0.35% | - | 0.59% |
| Capitalization / Revenue | 0.27 x | 0.33 x | 0.61 x | 0.65 x | 0.73 x | 0.56 x |
| EV / Revenue | 0.32 x | 0.35 x | 0.68 x | 0.72 x | 0.84 x | 0.84 x |
| EV / EBITDA | 12.8 x | 15.5 x | 23.4 x | 8.37 x | 11 x | 9.33 x |
| EV / FCF | 1,035 x | 11.1 x | -22.3 x | -21.2 x | -28.5 x | -11 x |
| FCF Yield | 0.1% | 8.98% | -4.48% | -4.71% | -3.51% | -9.09% |
| Price to Book | 1.12 x | 1.35 x | 2.26 x | 2.47 x | 1.32 x | 0.98 x |
| Nbr of stocks (in thousands) | 1,830,742 | 2,308,034 | 2,615,385 | 2,747,114 | 3,141,203 | 3,131,641 |
| Reference price 2 | 4.570 | 5.290 | 9.160 | 10.73 | 5.890 | 4.340 |
| Announcement Date | 3/28/19 | 4/24/20 | 4/28/21 | 4/25/22 | 4/19/23 | 4/22/24 |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 30,754 | 37,314 | 39,236 | 45,237 | 25,357 | 24,456 |
| EBITDA 1 | 761 | 840.4 | 1,138 | 3,873 | 1,935 | 2,193 |
| EBIT 1 | 634.6 | 579.2 | 765.1 | 3,353 | 1,408 | 1,197 |
| Operating Margin | 2.06% | 1.55% | 1.95% | 7.41% | 5.55% | 4.89% |
| Earnings before Tax (EBT) 1 | 491.5 | 355.2 | 113.4 | 2,709 | 764.2 | 603.2 |
| Net income 1 | 420.3 | 319.5 | 59.09 | 1,031 | -95.54 | 264.7 |
| Net margin | 1.37% | 0.86% | 0.15% | 2.28% | -0.38% | 1.08% |
| EPS 2 | 0.2450 | 0.1450 | 0.0255 | 0.3752 | -0.0328 | 0.0844 |
| Free Cash Flow 1 | 9.437 | 1,166 | -1,191 | -1,526 | -743 | -1,858 |
| FCF margin | 0.03% | 3.13% | -3.04% | -3.37% | -2.93% | -7.6% |
| FCF Conversion (EBITDA) | 1.24% | 138.78% | - | - | - | - |
| FCF Conversion (Net income) | 2.25% | 365.04% | - | - | - | - |
| Dividend per Share 2 | 0.0230 | 0.0420 | 0.0100 | 0.0380 | - | 0.0257 |
| Announcement Date | 3/28/19 | 4/24/20 | 4/28/21 | 4/25/22 | 4/19/23 | 4/22/24 |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 1,404 | 776 | 2,621 | 2,922 | 2,683 | 6,857 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 1.845 x | 0.9235 x | 2.303 x | 0.7546 x | 1.387 x | 3.127 x |
| Free Cash Flow 1 | 9.44 | 1,166 | -1,191 | -1,526 | -743 | -1,858 |
| ROE (net income / shareholders' equity) | 6.79% | 3.73% | 2.1% | 20.3% | 4.58% | 3.6% |
| ROA (Net income/ Total Assets) | 3.21% | 2.05% | 2.23% | 8.29% | 2.97% | 2.13% |
| Assets 1 | 13,103 | 15,587 | 2,646 | 12,447 | -3,219 | 12,425 |
| Book Value Per Share 2 | 4.090 | 3.910 | 4.050 | 4.340 | 4.460 | 4.430 |
| Cash Flow per Share 2 | 0.5700 | 0.8500 | 0.5100 | 0.8000 | 1.260 | 1.560 |
| Capex 1 | 325 | 592 | 1,600 | 1,567 | 2,087 | 2,882 |
| Capex / Sales | 1.06% | 1.59% | 4.08% | 3.46% | 8.23% | 11.79% |
| Announcement Date | 3/28/19 | 4/24/20 | 4/28/21 | 4/25/22 | 4/19/23 | 4/22/24 |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +6.91% | 2.01B | |
| +35.87% | 90.41B | |
| +18.63% | 72.53B | |
| -.--% | 27.75B | |
| +48.73% | 10.49B | |
| +24.16% | 9.2B | |
| +12.94% | 8.86B | |
| -8.73% | 6.9B | |
| +44.50% | 6.78B | |
| +23.28% | 5.19B |
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