Financials China Shuifa Singyes Energy Holdings Limited

Equities

750

BMG2161E1113

Construction & Engineering

Market Closed - Hong Kong S.E. 04:08:20 2024-04-26 am EDT 5-day change 1st Jan Change
0.315 HKD +1.61% Intraday chart for China Shuifa Singyes Energy Holdings Limited +3.28% -12.50%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 2,355 1,584 1,938 1,698 3,615 2,004
Enterprise Value (EV) 1 6,485 7,212 6,587 6,519 9,419 9,152
P/E ratio 16.4 x -2.33 x -0.77 x 5.63 x 16.3 x 523 x
Yield 0.88% - - 3.5% 1.14% -
Capitalization / Revenue 0.41 x 0.36 x 0.59 x 0.31 x 0.56 x 0.41 x
EV / Revenue 1.14 x 1.63 x 1.99 x 1.21 x 1.45 x 1.86 x
EV / EBITDA 8.11 x 198 x -9.86 x 20.5 x 12.1 x 14 x
EV / FCF -8.98 x -5.61 x -40.4 x -15.5 x -17.8 x -8.03 x
FCF Yield -11.1% -17.8% -2.48% -6.45% -5.63% -12.4%
Price to Book 0.54 x 0.44 x 0.49 x 0.4 x 0.83 x 0.48 x
Nbr of stocks (in thousands) 834,073 834,073 2,521,082 2,521,082 2,521,082 2,521,082
Reference price 2 2.824 1.899 0.7686 0.6733 1.434 0.7949
Announcement Date 4/29/18 9/2/19 5/14/20 4/20/21 4/28/22 4/25/23
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 5,675 4,417 3,307 5,401 6,503 4,914
EBITDA 1 799.6 36.48 -668.3 318.1 781.4 654.6
EBIT 1 620.4 -149.4 -864.5 111.5 567.3 433.8
Operating Margin 10.93% -3.38% -26.15% 2.06% 8.72% 8.83%
Earnings before Tax (EBT) 1 270.4 -563 -976.5 203 290.1 47.42
Net income 1 143.8 -678.8 -995.2 301.4 221.4 3.837
Net margin 2.53% -15.37% -30.1% 5.58% 3.4% 0.08%
EPS 2 0.1720 -0.8140 -1.004 0.1196 0.0878 0.001521
Free Cash Flow 1 -721.9 -1,285 -163.2 -420.4 -530.6 -1,139
FCF margin -12.72% -29.1% -4.94% -7.78% -8.16% -23.18%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 0.0250 - - 0.0236 0.0163 -
Announcement Date 4/29/18 9/2/19 5/14/20 4/20/21 4/28/22 4/25/23
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 4,130 5,628 4,649 4,822 5,803 7,148
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 5.165 x 154.3 x -6.957 x 15.16 x 7.427 x 10.92 x
Free Cash Flow 1 -722 -1,285 -163 -420 -531 -1,139
ROE (net income / shareholders' equity) 3.46% -16.4% -25.6% 7.54% 5.09% 0.43%
ROA (Net income/ Total Assets) 3.32% -0.79% -4.63% 0.55% 2.5% 1.72%
Assets 1 4,333 86,438 21,508 54,694 8,842 223.4
Book Value Per Share 2 5.280 4.310 1.560 1.670 1.740 1.670
Cash Flow per Share 2 1.440 0.2600 0.4300 0.3600 0.2600 0.1600
Capex 1 416 524 68.6 173 764 775
Capex / Sales 7.33% 11.87% 2.08% 3.21% 11.75% 15.77%
Announcement Date 4/29/18 9/2/19 5/14/20 4/20/21 4/28/22 4/25/23
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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