CHONGQING CONSTRUCTION ENGINEERING GROUP CORPORATION LIMITED Financials Chongqing Construction Engineering Group Corporation Limited
Equities
600939
CNE100002YR5
Construction & Engineering
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 2.64 CNY | 0.00% |
|
+1.15% | -19.51% |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 8,365 | 8,728 | 6,714 | 7,421 | 6,637 | 6,238 |
| Enterprise Value (EV) 1 | 19,752 | 19,338 | 15,852 | 17,439 | 18,338 | 19,351 |
| P/E ratio | 23.1 x | 20.9 x | 25.2 x | 27.1 x | 43.8 x | 166 x |
| Yield | 1.43% | 1.58% | 1.22% | 1.08% | 0.69% | 0.3% |
| Capitalization / Revenue | 0.18 x | 0.17 x | 0.12 x | 0.13 x | 0.13 x | 0.14 x |
| EV / Revenue | 0.42 x | 0.37 x | 0.29 x | 0.3 x | 0.37 x | 0.43 x |
| EV / EBITDA | 14.5 x | 13.5 x | 14.9 x | 16.7 x | 19.1 x | 20 x |
| EV / FCF | -16.8 x | -20.5 x | 5.99 x | -11.6 x | 17.1 x | 14.9 x |
| FCF Yield | -5.96% | -4.88% | 16.7% | -8.59% | 5.86% | 6.7% |
| Price to Book | 1.21 x | 1.02 x | 0.71 x | 0.71 x | 0.84 x | 0.76 x |
| Nbr of stocks (in thousands) | 1,814,500 | 1,814,500 | 1,814,521 | 1,814,541 | 1,901,784 | 1,901,788 |
| Reference price 2 | 4.610 | 4.810 | 3.700 | 4.090 | 3.490 | 3.280 |
| Announcement Date | 4/26/19 | 4/29/20 | 4/28/21 | 4/27/22 | 4/26/23 | 4/25/24 |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 46,620 | 52,109 | 55,294 | 57,809 | 49,314 | 44,698 |
| EBITDA 1 | 1,363 | 1,432 | 1,063 | 1,041 | 960.1 | 966.8 |
| EBIT 1 | 1,116 | 1,174 | 851.4 | 817.5 | 740 | 691.8 |
| Operating Margin | 2.39% | 2.25% | 1.54% | 1.41% | 1.5% | 1.55% |
| Earnings before Tax (EBT) 1 | 562.8 | 787.4 | 473 | 345.8 | 233.1 | 139 |
| Net income 1 | 394.3 | 459.1 | 266.7 | 273.4 | 151.4 | 37.59 |
| Net margin | 0.85% | 0.88% | 0.48% | 0.47% | 0.31% | 0.08% |
| EPS 2 | 0.2000 | 0.2300 | 0.1470 | 0.1507 | 0.0796 | 0.0198 |
| Free Cash Flow 1 | -1,178 | -943.1 | 2,648 | -1,499 | 1,075 | 1,296 |
| FCF margin | -2.53% | -1.81% | 4.79% | -2.59% | 2.18% | 2.9% |
| FCF Conversion (EBITDA) | - | - | 249.21% | - | 111.98% | 134.02% |
| FCF Conversion (Net income) | - | - | 992.89% | - | 710.1% | 3,446.47% |
| Dividend per Share 2 | 0.0660 | 0.0760 | 0.0450 | 0.0440 | 0.0240 | 0.0100 |
| Announcement Date | 4/26/19 | 4/29/20 | 4/28/21 | 4/27/22 | 4/26/23 | 4/25/24 |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 11,387 | 10,610 | 9,138 | 10,018 | 11,701 | 13,113 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 8.354 x | 7.411 x | 8.6 x | 9.621 x | 12.19 x | 13.56 x |
| Free Cash Flow 1 | -1,178 | -943 | 2,648 | -1,499 | 1,075 | 1,296 |
| ROE (net income / shareholders' equity) | 5.72% | 6.61% | 3.69% | 2.76% | 1.6% | 0.5% |
| ROA (Net income/ Total Assets) | 1.02% | 1.04% | 0.73% | 0.67% | 0.58% | 0.51% |
| Assets 1 | 38,504 | 44,058 | 36,435 | 40,547 | 26,204 | 7,350 |
| Book Value Per Share 2 | 3.820 | 4.720 | 5.230 | 5.770 | 4.140 | 4.290 |
| Cash Flow per Share 2 | 2.440 | 3.960 | 3.820 | 3.070 | 2.820 | 2.790 |
| Capex 1 | 581 | 521 | 451 | 534 | 430 | 224 |
| Capex / Sales | 1.25% | 1% | 0.82% | 0.92% | 0.87% | 0.5% |
| Announcement Date | 4/26/19 | 4/29/20 | 4/28/21 | 4/27/22 | 4/26/23 | 4/25/24 |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -19.51% | 695M | |
| +2.07% | 72.3B | |
| -1.92% | 56.18B | |
| +24.82% | 39.64B | |
| +14.76% | 31.81B | |
| +11.69% | 29.77B | |
| +17.08% | 21.26B | |
| +12.02% | 19.95B | |
| +77.99% | 18.12B | |
| +39.08% | 17.58B |
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