CHINA NATIONAL CHEMICAL ENGINEERING CO., LTD Financials China National Chemical Engineering Co., Ltd
Equities
601117
CNE100000KC0
Construction & Engineering
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 6.97 CNY | +0.29% |
|
-2.24% | +9.59% |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 26,441 | 31,769 | 28,957 | 73,314 | 48,509 | 42,583 | 42,583 | - |
| Enterprise Value (EV) 1 | 3,711 | 6,082 | -3,684 | 35,795 | 13,352 | 8,126 | -1,054 | -11,260 |
| P/E ratio | 13.7 x | 10.4 x | 8.27 x | 14.3 x | 8.92 x | 7.14 x | 6.08 x | 5.34 x |
| Yield | 2.2% | 2.9% | 3.8% | 1.22% | 2.23% | 3.59% | 4.62% | 4.94% |
| Capitalization / Revenue | 0.32 x | 0.31 x | 0.26 x | 0.53 x | 0.31 x | 0.24 x | 0.21 x | 0.18 x |
| EV / Revenue | 0.05 x | 0.06 x | -0.03 x | 0.26 x | 0.08 x | 0.05 x | -0.01 x | -0.05 x |
| EV / EBITDA | 0.99 x | 1.23 x | -0.64 x | 5.22 x | 1.67 x | 0.88 x | -0.1 x | -0.91 x |
| EV / FCF | - | - | - | - | - | 0.53 x | -0.12 x | -0.97 x |
| FCF Yield | - | - | - | - | - | 188% | -863% | -103% |
| Price to Book | 0.81 x | 0.9 x | 0.84 x | 1.52 x | 0.92 x | 0.74 x | 0.68 x | 0.62 x |
| Nbr of stocks (in thousands) | 4,933,000 | 4,933,000 | 4,933,000 | 6,109,471 | 6,109,471 | 6,109,471 | 6,109,471 | - |
| Reference price 2 | 5.360 | 6.440 | 5.870 | 12.00 | 7.940 | 6.970 | 6.970 | 6.970 |
| Announcement Date | 4/11/19 | 4/23/20 | 4/28/21 | 4/27/22 | 3/27/23 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 81,445 | 103,622 | 109,457 | 137,289 | 157,716 | 176,627 | 203,665 | 231,174 |
| EBITDA 1 | 3,735 | 4,945 | 5,752 | 6,854 | 7,983 | 9,221 | 10,531 | 12,326 |
| EBIT 1 | 2,756 | 3,882 | 4,612 | 5,671 | 6,657 | 7,269 | 8,641 | 9,935 |
| Operating Margin | 3.38% | 3.75% | 4.21% | 4.13% | 4.22% | 4.12% | 4.24% | 4.3% |
| Earnings before Tax (EBT) 1 | 2,768 | 3,909 | 4,544 | 6,041 | 6,705 | 7,406 | 8,663 | 9,872 |
| Net income 1 | 1,932 | 3,061 | 3,659 | 4,633 | 5,415 | 5,957 | 7,009 | 7,981 |
| Net margin | 2.37% | 2.95% | 3.34% | 3.37% | 3.43% | 3.37% | 3.44% | 3.45% |
| EPS 2 | 0.3900 | 0.6200 | 0.7100 | 0.8400 | 0.8900 | 0.9761 | 1.146 | 1.305 |
| Free Cash Flow 1 | - | - | - | - | - | 15,281 | 9,100 | 11,617 |
| FCF margin | - | - | - | - | - | 8.65% | 4.47% | 5.03% |
| FCF Conversion (EBITDA) | - | - | - | - | - | 165.72% | 86.41% | 94.25% |
| FCF Conversion (Net income) | - | - | - | - | - | 256.52% | 129.84% | 145.56% |
| Dividend per Share 2 | 0.1180 | 0.1870 | 0.2230 | 0.1460 | 0.1770 | 0.2499 | 0.3218 | 0.3446 |
| Announcement Date | 4/11/19 | 4/23/20 | 4/28/21 | 4/27/22 | 3/27/23 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2019 S1 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | - | - | 37,663 | 42,591 | 48,338 | 40,106 | 43,058 | 44,928 | 50,248 | 57,514 | 47,940 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - |
| EBIT | - | - | - | - | - | - | - | - | - | - | - |
| Operating Margin | - | - | - | - | - | - | - | - | - | - | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - | - |
| Net income | 1,602 | 1,071 | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - | - |
| EPS | - | 0.1800 | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 8/29/19 | 10/28/22 | 3/27/23 | 4/28/23 | 8/30/23 | 10/28/23 | - | - | - | - | - |
1CNY in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | 22,730 | 25,687 | 32,641 | 37,518 | 35,158 | 34,457 | 43,637 | 53,843 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | - | - | - | - | - | 15,281 | 9,100 | 11,617 |
| ROE (net income / shareholders' equity) | 6.31% | 9.88% | 10.5% | 11.2% | 10.7% | 10.4% | 11.1% | 11.4% |
| ROA (Net income/ Total Assets) | 2.09% | 2.88% | 2.91% | - | 2.91% | 2.95% | 3.45% | 3.55% |
| Assets 1 | 92,253 | 106,447 | 125,950 | - | 186,231 | 201,934 | 203,146 | 224,807 |
| Book Value Per Share 2 | 6.660 | 7.120 | 7.030 | 7.890 | 8.660 | 9.400 | 10.20 | 11.20 |
| Cash Flow per Share 2 | 1.000 | 0.9600 | 1.690 | 0.3700 | 0.2500 | 1.030 | 1.230 | 1.510 |
| Capex 1 | 957 | 748 | 857 | 3,744 | 3,030 | 2,233 | 2,013 | 2,087 |
| Capex / Sales | 1.17% | 0.72% | 0.78% | 2.73% | 1.92% | 1.26% | 0.99% | 0.9% |
| Announcement Date | 4/11/19 | 4/23/20 | 4/28/21 | 4/27/22 | 3/27/23 | - | - | - |
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
B
Sell
Buy
Mean consensus
BUY
Number of Analysts
9
Last Close Price
6.97
CNY
Average target price
11.27
CNY
Spread / Average Target
+61.73%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +9.59% | 5.88B | |
| -8.28% | 3.79B | |
| +26.84% | 1.79B | |
| +11.87% | 953M | |
| +43.43% | 531M | |
| +24.45% | 370M | |
| +14.23% | 335M | |
| +9.88% | 331M | |
| +39.18% | 298M | |
| +36.13% | 260M |
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- 601117 Stock
- Financials China National Chemical Engineering Co., Ltd
