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    8073   BMG215971026

CHINA SINGYES NEW MATERIALS HOLDINGS LIMITED

(8073)
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China Singyes New Materials Holdings Limited Provides Earnings Guidance for the Year 2021

05/07/2021 | 06:50am EST

China Singyes New Materials Holdings Limited provided earnings guidance for the year 2021. Looking into 2021, the company believes that its sales will rebound in the year 2021 and its business will continue to improve, yet it still takes time for the market demand to return to pre-pandemic level. Therefore, its Group will remain cautious in expanding its production lines and carrying out research and development projects to cater the expected demand in the future.


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Financials
Sales 2020 101 M 15,8 M 15,8 M
Net income 2020 0,58 M 0,09 M 0,09 M
Net cash 2020 2,43 M 0,38 M 0,38 M
P/E ratio 2020 245x
Yield 2020 -
Capitalization 159 M 25,0 M 25,0 M
EV / Sales 2019 1,85x
EV / Sales 2020 1,17x
Nbr of Employees 105
Free-Float 24,9%
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Managers and Directors
Yuan Zhou Nie Chief Financial Officer
Chao Zhang Chairman & Compliance Officer
Ling Li Independent Non-Executive Director
Jian Li Pan Independent Non-Executive Director
Jian Guo Pan Independent Non-Executive Director