CHINA ZENITH CHEMICAL GROUP LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 0.106 HKD | +6.00% |
|
+6.00% | +2.91% |
| Apr. 22 | China Zenith Chemical to Raise Over HK$10 Million from Share Issue | MT |
| Mar. 14 | China Zenith Chemical Group Chairperson Resigns | MT |
Valuation
| Fiscal Period: June | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 394.2 | 453 | 495.8 | 449 | 178.3 | 250.6 |
| Enterprise Value (EV) 1 | 1,302 | 1,436 | 1,598 | 1,664 | 1,420 | 1,421 |
| P/E ratio | -1.97 x | -0.63 x | -1.32 x | -0.89 x | -0.14 x | -0.95 x |
| Yield | - | - | - | - | - | - |
| Capitalization / Revenue | 1.07 x | 1.4 x | 2.55 x | 1.96 x | 0.48 x | 2.48 x |
| EV / Revenue | 3.54 x | 4.45 x | 8.22 x | 7.26 x | 3.84 x | 14.1 x |
| EV / EBITDA | -90.5 x | -43.3 x | -13.4 x | -6.6 x | -10 x | -24.4 x |
| EV / FCF | -8.78 x | -12.8 x | 35.5 x | 6.77 x | 31.7 x | -4.15 x |
| FCF Yield | -11.4% | -7.82% | 2.82% | 14.8% | 3.16% | -24.1% |
| Price to Book | 0.25 x | 0.57 x | 1.32 x | 15.2 x | -0.2 x | -0.26 x |
| Nbr of stocks (in thousands) | 55,521 | 66,621 | 66,996 | 80,185 | 133,028 | 527,548 |
| Reference price 2 | 7.100 | 6.800 | 7.400 | 5.600 | 1.340 | 0.4750 |
| Announcement Date | 10/30/18 | 10/30/19 | 11/1/20 | 11/16/21 | 10/31/22 | 12/22/23 |
1HKD in Million2HKD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: June | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 367.6 | 323 | 194.3 | 229 | 369.6 | 100.8 |
| EBITDA 1 | -14.39 | -33.14 | -119.5 | -252 | -141.8 | -58.17 |
| EBIT 1 | -153.2 | -153.5 | -192.9 | -324.5 | -215.2 | -114.6 |
| Operating Margin | -41.67% | -47.51% | -99.25% | -141.68% | -58.23% | -113.61% |
| Earnings before Tax (EBT) 1 | -225.9 | -698.8 | -384.6 | -458.7 | -1,074 | -186.5 |
| Net income 1 | -199.3 | -667.4 | -373.2 | -450.4 | -1,064 | -155.9 |
| Net margin | -54.22% | -206.59% | -192.02% | -196.64% | -287.91% | -154.57% |
| EPS 2 | -3.596 | -10.84 | -5.588 | -6.270 | -9.812 | -0.4984 |
| Free Cash Flow 1 | -148.2 | -112.3 | 45.06 | 245.8 | 44.83 | -342.2 |
| FCF margin | -40.31% | -34.75% | 23.19% | 107.31% | 12.13% | -339.35% |
| FCF Conversion (EBITDA) | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - |
| Announcement Date | 10/30/18 | 10/30/19 | 11/1/20 | 11/16/21 | 10/31/22 | 12/22/23 |
1HKD in Million2HKD
Estimates
Balance Sheet Analysis
| Fiscal Period: June | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 907 | 983 | 1,102 | 1,215 | 1,241 | 1,170 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | -63.07 x | -29.67 x | -9.222 x | -4.82 x | -8.751 x | -20.12 x |
| Free Cash Flow 1 | -148 | -112 | 45.1 | 246 | 44.8 | -342 |
| ROE (net income / shareholders' equity) | -12.3% | -54.9% | -59.4% | -203% | 292% | 21% |
| ROA (Net income/ Total Assets) | -3.03% | -3.52% | -5.65% | -10.1% | -8.13% | -7.52% |
| Assets 1 | 6,586 | 18,936 | 6,599 | 4,444 | 13,092 | 2,073 |
| Book Value Per Share 2 | 28.50 | 12.00 | 5.600 | 0.3700 | -6.560 | -1.810 |
| Cash Flow per Share 2 | 1.120 | 0.1100 | 0.1200 | 0.5800 | 0.1000 | 0.0100 |
| Capex 1 | 25.1 | 18.2 | 19.7 | 18.8 | 43.2 | 8.01 |
| Capex / Sales | 6.82% | 5.65% | 10.12% | 8.19% | 11.69% | 7.94% |
| Announcement Date | 10/30/18 | 10/30/19 | 11/1/20 | 11/16/21 | 10/31/22 | 12/22/23 |
1HKD in Million2HKD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +2.91% | 12.8M | |
| +5.97% | 105B | |
| -4.19% | 63.99B | |
| +51.90% | 42.95B | |
| +17.44% | 39.2B | |
| +6.62% | 33.01B | |
| +13.00% | 20.33B | |
| +15.64% | 17.29B | |
| +22.55% | 15.72B | |
| +7.34% | 14.72B |
- Stock Market
- Equities
- 362 Stock
- Financials China Zenith Chemical Group Limited
