Financials China Oil HBP Science & Technology Co., Ltd

Equities

002554

CNE1000010K8

Oil Related Services and Equipment

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
2.68 CNY +0.75% Intraday chart for China Oil HBP Science & Technology Co., Ltd -6.62% -14.38%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 5,054 2,902 3,255 2,720 5,132 5,212
Enterprise Value (EV) 1 5,746 3,178 3,708 2,917 5,198 5,864
P/E ratio 59 x -5.77 x 38 x -14.9 x 54.4 x 32.3 x
Yield 0.21% - 0.26% - 0.18% 0.31%
Capitalization / Revenue 3.4 x 1.75 x 1.42 x 2.4 x 3.22 x 2.62 x
EV / Revenue 3.87 x 1.91 x 1.62 x 2.57 x 3.26 x 2.95 x
EV / EBITDA 29.2 x -80.5 x 15.7 x -120 x 27.2 x 67.8 x
EV / FCF -12.8 x -4.79 x 40.6 x -88.2 x 43.1 x -11.1 x
FCF Yield -7.82% -20.9% 2.47% -1.13% 2.32% -9.04%
Price to Book 2.36 x 1.73 x 1.84 x 1.58 x 2.22 x 2.1 x
Nbr of stocks (in thousands) 1,070,810 1,070,810 1,070,810 1,070,810 1,346,858 1,346,858
Reference price 2 4.720 2.710 3.040 2.540 3.810 3.870
Announcement Date 4/25/18 4/16/19 4/27/20 4/27/21 4/27/22 4/28/23
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 1,485 1,662 2,293 1,136 1,594 1,987
EBITDA 1 196.7 -39.46 236.8 -24.3 191.2 86.44
EBIT 1 100.1 -90.08 191.4 -69.9 135.9 30.76
Operating Margin 6.74% -5.42% 8.34% -6.16% 8.53% 1.55%
Earnings before Tax (EBT) 1 88.05 -459.9 137.9 -203.9 103.9 191.9
Net income 1 88.9 -494.4 85.24 -178.4 89.19 159.2
Net margin 5.99% -29.75% 3.72% -15.71% 5.59% 8.01%
EPS 2 0.0800 -0.4700 0.0800 -0.1700 0.0700 0.1200
Free Cash Flow 1 -449.4 -662.9 91.41 -33.07 120.6 -529.9
FCF margin -30.26% -39.89% 3.99% -2.91% 7.56% -26.67%
FCF Conversion (EBITDA) - - 38.6% - 63.07% -
FCF Conversion (Net income) - - 107.23% - 135.18% -
Dividend per Share 2 0.0100 - 0.008000 - 0.007000 0.0120
Announcement Date 4/25/18 4/16/19 4/27/20 4/27/21 4/27/22 4/28/23
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 692 277 453 197 66.9 651
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 3.519 x -7.008 x 1.911 x -8.092 x 0.3498 x 7.537 x
Free Cash Flow 1 -449 -663 91.4 -33.1 121 -530
ROE (net income / shareholders' equity) 4.39% -25.2% 5.31% -8.58% 4.14% 6.7%
ROA (Net income/ Total Assets) 1.35% -1.31% 2.97% -1.06% 2.15% 0.44%
Assets 1 6,593 37,744 2,874 16,818 4,142 36,590
Book Value Per Share 2 2.000 1.570 1.650 1.610 1.720 1.840
Cash Flow per Share 2 0.7000 0.6700 0.6900 0.6500 0.4800 0.5600
Capex 1 99.4 190 197 85.5 41.8 89.4
Capex / Sales 6.7% 11.45% 8.58% 7.53% 2.62% 4.5%
Announcement Date 4/25/18 4/16/19 4/27/20 4/27/21 4/27/22 4/28/23
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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