Financials Chongqing Gas Group Corporation Ltd.

Equities

600917

CNE100001V03

Natural Gas Utilities

End-of-day quote Shanghai S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
6.26 CNY +0.97% Intraday chart for Chongqing Gas Group Corporation Ltd. -1.88% -2.80%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 17,334 11,079 11,297 10,779 13,184 12,508
Enterprise Value (EV) 1 15,948 9,822 10,108 9,702 12,272 12,173
P/E ratio 48.4 x 32.4 x 27.9 x 28.6 x 28.9 x 30.6 x
Yield 1.17% 1.12% 1.17% 1.24% 1.76% 1.62%
Capitalization / Revenue 3.03 x 1.74 x 1.61 x 1.58 x 1.69 x 1.43 x
EV / Revenue 2.79 x 1.54 x 1.44 x 1.42 x 1.57 x 1.39 x
EV / EBITDA 28.4 x 18.4 x 16.5 x 16.8 x 18.9 x 19.4 x
EV / FCF 2,245 x 2,303 x -67.8 x 29.7 x 54 x -61.8 x
FCF Yield 0.04% 0.04% -1.48% 3.37% 1.85% -1.62%
Price to Book 4.58 x 2.82 x 2.69 x 2.42 x 2.77 x 2.53 x
Nbr of stocks (in thousands) 1,556,000 1,556,000 1,556,000 1,571,340 1,571,340 1,571,340
Reference price 2 11.14 7.120 7.260 6.860 8.390 7.960
Announcement Date 3/30/18 3/29/19 4/29/20 4/29/21 4/29/22 4/28/23
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 5,714 6,372 7,033 6,821 7,810 8,739
EBITDA 1 560.6 533.2 611 578.4 647.9 626.5
EBIT 1 329.6 324.6 358.7 295.9 343.7 304.4
Operating Margin 5.77% 5.09% 5.1% 4.34% 4.4% 3.48%
Earnings before Tax (EBT) 1 436.9 441.2 497.2 423.9 538.4 461.9
Net income 1 363.4 347.7 402.2 376.3 456.3 401.7
Net margin 6.36% 5.46% 5.72% 5.52% 5.84% 4.6%
EPS 2 0.2300 0.2200 0.2600 0.2400 0.2900 0.2600
Free Cash Flow 1 7.105 4.266 -149.1 326.7 227.4 -197
FCF margin 0.12% 0.07% -2.12% 4.79% 2.91% -2.25%
FCF Conversion (EBITDA) 1.27% 0.8% - 56.48% 35.09% -
FCF Conversion (Net income) 1.96% 1.23% - 86.82% 49.82% -
Dividend per Share 2 0.1300 0.0800 0.0850 0.0850 0.1480 0.1290
Announcement Date 3/30/18 3/29/19 4/29/20 4/29/21 4/29/22 4/28/23
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - - - -
Net Cash position 1 1,386 1,256 1,188 1,077 912 335
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 7.11 4.27 -149 327 227 -197
ROE (net income / shareholders' equity) 8.94% 8.69% 9.41% 7.32% 9.37% 7.75%
ROA (Net income/ Total Assets) 2.52% 2.44% 2.64% 2.09% 2.37% 1.98%
Assets 1 14,405 14,220 15,223 18,008 19,290 20,295
Book Value Per Share 2 2.430 2.530 2.700 2.830 3.030 3.150
Cash Flow per Share 2 1.070 1.000 0.9400 1.030 0.7700 1.020
Capex 1 375 436 506 541 480 460
Capex / Sales 6.57% 6.85% 7.19% 7.93% 6.14% 5.26%
Announcement Date 3/30/18 3/29/19 4/29/20 4/29/21 4/29/22 4/28/23
1CNY in Million2CNY
Estimates
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