End-of-day quote
Shanghai S.E.
06:00:00 2024-04-25 pm EDT
|
5-day change
|
1st Jan Change
|
25.57
CNY
|
-0.43%
|
|
-1.65%
|
+9.55%
|
Fiscal Period: December |
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Capitalization
1 |
349,360
|
404,360
|
435,734
|
516,240
|
477,579
|
625,652
|
625,652
|
-
|
Enterprise Value (EV)
1 |
432,287
|
489,239
|
526,459
|
606,484
|
579,463
|
571,088
|
856,109
|
835,557
|
P/E ratio
|
15.5
x
|
18.8
x
|
16.2
x
|
19.6
x
|
22.4
x
|
20.9
x
|
18.1
x
|
17.5
x
|
Yield
|
4.28%
|
3.7%
|
3.65%
|
3.59%
|
4.06%
|
3.37%
|
3.8%
|
3.95%
|
Capitalization / Revenue
|
6.82
x
|
8.11
x
|
7.54
x
|
9.28
x
|
9.17
x
|
7.32
x
|
7.11
x
|
7.04
x
|
EV / Revenue
|
8.44
x
|
9.81
x
|
9.11
x
|
10.9
x
|
11.1
x
|
7.32
x
|
9.73
x
|
9.4
x
|
EV / EBITDA
|
10.9
x
|
12.5
x
|
11.8
x
|
13.7
x
|
15.3
x
|
14.6
x
|
12.7
x
|
12.3
x
|
EV / FCF
|
11.8
x
|
14.5
x
|
14.1
x
|
18.8
x
|
22.2
x
|
22.2
x
|
18.1
x
|
17
x
|
FCF Yield
|
8.47%
|
6.9%
|
7.11%
|
5.32%
|
4.5%
|
4.5%
|
5.53%
|
5.89%
|
Price to Book
|
2.46
x
|
2.7
x
|
2.53
x
|
2.85
x
|
2.57
x
|
2.82
x
|
2.4
x
|
2.4
x
|
Nbr of stocks (in thousands)
|
22,000,000
|
22,000,000
|
22,741,859
|
22,741,859
|
22,741,859
|
24,468,218
|
24,468,218
|
-
|
Reference price
2 |
15.88
|
18.38
|
19.16
|
22.70
|
21.00
|
25.57
|
25.57
|
25.57
|
Announcement Date
|
1/17/19
|
1/16/20
|
1/27/21
|
1/26/22
|
1/30/23
|
1/19/24
|
-
|
-
|
Fiscal Period: December |
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Net sales
1 |
51,214
|
49,874
|
57,783
|
55,646
|
52,060
|
78,062
|
87,978
|
88,873
|
EBITDA
1 |
39,615
|
38,992
|
44,534
|
44,296
|
37,975
|
60,058
|
67,196
|
67,973
|
EBIT
1 |
27,392
|
26,933
|
32,896
|
32,876
|
26,936
|
33,192
|
44,592
|
45,315
|
Operating Margin
|
53.49%
|
54%
|
56.93%
|
59.08%
|
51.74%
|
42.52%
|
50.68%
|
50.99%
|
Earnings before Tax (EBT)
1 |
27,007
|
26,627
|
32,456
|
32,409
|
26,313
|
32,369
|
42,309
|
43,886
|
Net income
1 |
22,611
|
21,543
|
26,298
|
26,273
|
21,309
|
27,389
|
34,431
|
35,842
|
Net margin
|
44.15%
|
43.2%
|
45.51%
|
47.21%
|
40.93%
|
35.09%
|
39.14%
|
40.33%
|
EPS
2 |
1.028
|
0.9792
|
1.185
|
1.155
|
0.9370
|
1.119
|
1.415
|
1.462
|
Free Cash Flow
1 |
36,619
|
33,760
|
37,409
|
32,281
|
26,079
|
39,475
|
47,361
|
49,192
|
FCF margin
|
71.5%
|
67.69%
|
64.74%
|
58.01%
|
50.09%
|
50%
|
53.83%
|
55.35%
|
FCF Conversion (EBITDA)
|
92.44%
|
86.58%
|
84%
|
72.87%
|
68.67%
|
65.73%
|
70.48%
|
72.37%
|
FCF Conversion (Net income)
|
161.95%
|
156.71%
|
142.25%
|
122.87%
|
122.39%
|
134.9%
|
137.56%
|
137.25%
|
Dividend per Share
2 |
0.6800
|
0.6800
|
0.7000
|
0.8153
|
0.8533
|
0.8607
|
0.9715
|
1.009
|
Announcement Date
|
1/17/19
|
1/16/20
|
1/27/21
|
1/26/22
|
1/30/23
|
1/19/24
|
-
|
-
|
Fiscal Period: December |
2020 S1
|
2021 Q2
|
2021 Q3
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
---|
Net sales
1 |
-
|
-
|
-
|
-
|
-
|
15,650
|
-
|
15,881
|
10,791
|
15,397
|
15,577
|
26,880
|
20,207
|
20,546
|
21,857
|
26,523
|
18,023
|
EBITDA
1 |
-
|
-
|
-
|
-
|
-
|
12,180
|
-
|
12,347
|
-
|
-
|
-
|
-
|
13,978
|
-
|
-
|
-
|
-
|
EBIT
|
-
|
-
|
-
|
-
|
-
|
10,222
|
-
|
9,463
|
3,108
|
-
|
6,371
|
14,753
|
-
|
-
|
-
|
-
|
-
|
Operating Margin
|
-
|
-
|
-
|
-
|
-
|
65.32%
|
-
|
59.59%
|
28.8%
|
-
|
40.9%
|
54.88%
|
-
|
-
|
-
|
-
|
-
|
Earnings before Tax (EBT)
1 |
-
|
-
|
-
|
-
|
-
|
10,047
|
-
|
9,323
|
3,018
|
-
|
6,363
|
14,659
|
6,922
|
-
|
-
|
-
|
-
|
Net income
1 |
7,903
|
5,713
|
10,985
|
6,706
|
3,137
|
8,154
|
11,292
|
7,653
|
2,365
|
3,613
|
5,269
|
12,642
|
5,865
|
-
|
-
|
-
|
-
|
Net margin
|
-
|
-
|
-
|
-
|
-
|
52.1%
|
-
|
48.19%
|
21.92%
|
23.46%
|
33.83%
|
47.03%
|
29.03%
|
-
|
-
|
-
|
-
|
EPS
2 |
-
|
0.2500
|
0.4800
|
0.3000
|
0.1380
|
0.3600
|
-
|
0.3300
|
0.1100
|
0.1527
|
0.2100
|
0.5200
|
0.2397
|
0.1900
|
0.2700
|
0.6500
|
0.3000
|
Dividend per Share
2 |
-
|
-
|
-
|
0.8153
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
0.8200
|
-
|
-
|
-
|
1.000
|
Announcement Date
|
8/30/20
|
7/16/21
|
10/29/21
|
1/26/22
|
4/29/22
|
8/30/22
|
8/30/22
|
10/30/22
|
1/30/23
|
4/27/23
|
8/30/23
|
10/30/23
|
1/19/24
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Net Debt
1 |
82,927
|
84,879
|
90,725
|
90,244
|
101,884
|
251,906
|
230,457
|
209,904
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
2.093
x
|
2.177
x
|
2.037
x
|
2.037
x
|
2.683
x
|
4.194
x
|
3.43
x
|
3.088
x
|
Free Cash Flow
1 |
36,619
|
33,760
|
37,409
|
32,281
|
26,079
|
39,475
|
47,361
|
49,192
|
ROE (net income / shareholders' equity)
|
16.3%
|
14.8%
|
16.7%
|
14.9%
|
11.7%
|
13.5%
|
14.9%
|
14.8%
|
ROA (Net income/ Total Assets)
|
7.61%
|
7.28%
|
8.38%
|
8.03%
|
6.53%
|
5.29%
|
5.84%
|
6.04%
|
Assets
1 |
297,178
|
296,008
|
313,772
|
327,345
|
326,408
|
553,599
|
589,411
|
593,055
|
Book Value Per Share
2 |
6.460
|
6.800
|
7.570
|
7.960
|
8.160
|
8.290
|
10.60
|
10.60
|
Cash Flow per Share
2 |
1.810
|
1.660
|
1.800
|
1.570
|
1.360
|
2.220
|
2.160
|
2.250
|
Capex
1 |
3,118
|
2,705
|
3,628
|
3,452
|
4,834
|
259,471
|
4,871
|
7,553
|
Capex / Sales
|
6.09%
|
5.42%
|
6.28%
|
6.2%
|
9.28%
|
328.67%
|
5.54%
|
8.5%
|
Announcement Date
|
1/17/19
|
1/16/20
|
1/27/21
|
1/26/22
|
1/30/23
|
1/19/24
|
-
|
-
|
Last Close Price
25.57
CNY Average target price
28.1
CNY Spread / Average Target +9.88% Consensus |
1st Jan change
|
Capi.
|
---|
| +9.55% | 86.73B | | -9.64% | 16.42B | | +10.12% | 11.3B | | +43.27% | 10.98B | | -16.20% | 10.28B | | +6.77% | 9.11B | | +12.09% | 6.82B | | -3.03% | 5.34B | | +0.10% | 4.35B | | -.--% | 3.84B |
Hydroelectric & Tidal Utilities
|