DYNAGREEN ENVIRONMENTAL PROTECTION GROUP CO., LTD.

Financials Dynagreen Environmental Protection Group Co., Ltd.

Equities

1330

CNE100001SH0

Environmental Services & Equipment

Market Closed - Hong Kong S.E. Other stock markets 04:08:20 2024-04-26 am EDT			5-day change	1st Jan Change
2.81 ^HKD	-1.06%		+3.31%	+19.57%

Apr. 18	Dynagreen Environmental Logs Increase in Q1 Waste Input and Electricity Output	MT
Apr. 18	Dynagreen Environmental Protection Group Co., Ltd. Reports Operating Results for the First Quarter Ended March 31, 2024	CI

Valuation

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	10,330	11,439	14,296	8,589	8,186	8,317	-	-
Enterprise Value (EV) ¹	18,811	20,875	26,329	8,589	8,186	8,317	8,317	8,317
P/E ratio	8.34 x	6.33 x	6.54 x	-	-	5.3 x	4.72 x	4.47 x
Yield	3.32%	7.35%	3.07%	-	-	-	-	-
Capitalization / Revenue	5.38 x	4.25 x	2.3 x	1.65 x	1.91 x	2.09 x	2.02 x	2.03 x
EV / Revenue	5.38 x	4.25 x	2.3 x	1.65 x	1.91 x	2.09 x	2.02 x	2.03 x
EV / EBITDA	14.7 x	7.38 x	9.6 x	4.38 x	4.45 x	4.57 x	4.37 x	4.23 x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Price to Book	1.06 x	0.69 x	0.7 x	-	-	0.44 x	0.41 x	0.38 x
Nbr of stocks (in thousands)	1,161,200	1,393,440	1,393,440	1,393,447	1,393,451	1,393,451	-	-
Reference price ²	3.290	3.220	4.010	2.520	2.350	2.810	2.810	2.810
Announcement Date	3/27/20	3/30/21	2/8/22	3/30/23	3/28/24	-	-	-

¹HKD in Million²HKD

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	1,921	2,694	6,221	5,218	4,283	3,973	4,109	4,091
EBITDA ¹	704.6	1,550	1,490	1,963	1,841	1,818	1,905	1,966
EBIT ¹	517.9	741.7	1,088	-	838.2	914.5	1,001	1,078
Operating Margin	26.96%	27.53%	17.5%	-	19.57%	23.02%	24.37%	26.35%
Earnings before Tax (EBT) ¹	519.4	742.8	1,095	1,019	841.5	918	1,005	1,082
Net income ¹	456	595.5	858.4	850.8	681.4	745	822.8	880.1
Net margin	23.74%	22.1%	13.8%	16.31%	15.91%	18.75%	20.03%	21.51%
EPS ²	0.3946	0.5087	0.6127	-	-	0.5300	0.5950	0.6280
Free Cash Flow	-	-	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-	-	-
Dividend per Share	0.1092	0.2366	0.1230	-	-	-	-	-
Announcement Date	3/27/20	3/30/21	2/8/22	3/30/23	3/28/24	-	-	-

¹HKD in Million²HKD

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2022 Q1
Net sales	-
EBITDA	-
EBIT	-
Operating Margin	-
Earnings before Tax (EBT)	-
Net income ¹	214.8
Net margin	-
EPS	-
Dividend per Share	-
Announcement Date	4/29/22

¹HKD in Million

Estimates

Balance Sheet Analysis

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	8,480	9,436	12,033	-	-	-	-	-
Net Cash position	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	12.04 x	6.088 x	8.077 x	-	-	-	-	-
Free Cash Flow	-	-	-	-	-	-	-	-
ROE (net income / shareholders' equity)	13.2%	13.8%	11.1%	10.6%	8.31%	8.26%	8.48%	8.43%
ROA (Net income/ Total Assets)	3.42%	3.24%	3.72%	3.46%	2.78%	3.23%	3.52%	3.75%
Assets ¹	13,350	18,408	23,090	24,596	24,482	23,065	23,375	23,470
Book Value Per Share ²	3.100	4.660	5.750	-	-	6.440	6.920	7.450
Cash Flow per Share	-0.0500	0.2000	0.4500	-	-	-	-	-
Capex ¹	2,187	1,891	1,956	1,300	746	411	411	379
Capex / Sales	113.84%	70.19%	31.45%	24.92%	17.42%	10.34%	10%	9.27%
Announcement Date	3/27/20	3/30/21	2/8/22	3/30/23	3/28/24	-	-	-

¹HKD in Million²HKD

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Ratings for Dynagreen Environmental Protection Group Co., Ltd.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

2.81 HKD

Average target price

4.49 HKD

Spread / Average Target

+59.79%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

Sector Waste Management, Disposal & Recycling Services

	1st Jan change	Capi.
DYNAGREEN ENVIRONMENTAL PROTECTION GROUP CO., LTD.	+19.57%	1.06B
WASTE CONNECTIONS, INC.	+9.52%	42.18B
GFL ENVIRONMENTAL INC.	-4.13%	12.05B
CASELLA WASTE SYSTEMS, INC.	+5.38%	5.23B
STERICYCLE, INC.	-6.56%	4.3B
CLEANAWAY WASTE MANAGEMENT LIMITED	-1.12%	3.87B
ZHEFU HOLDING GROUP CO., LTD.	-1.76%	2.41B
GRANDBLUE ENVIRONMENT CO., LTD.	+6.17%	2.07B
CHINA TIANYING INC.	-7.29%	1.51B
SHANGHAI ENVIRONMENT GROUP CO., LTD	+2.34%	1.42B

Waste Management, Disposal & Recycling Services