Financials Fangda Special Steel Technology Co., Ltd.

Equities

600507

CNE000001G04

Iron & Steel

End-of-day quote Shanghai S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
4.15 CNY +0.97% Intraday chart for Fangda Special Steel Technology Co., Ltd. -3.71% -9.98%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 14,565 14,962 16,816 14,037 10,746 9,674 - -
Enterprise Value (EV) 1 14,565 14,962 16,816 14,037 10,746 9,674 9,674 9,674
P/E ratio 8.53 x 7.01 x 6.14 x 14.7 x 16.1 x 13 x 7.28 x 10.4 x
Yield - 15.9% 14.2% - - 10.1% 11.3% -
Capitalization / Revenue 0.95 x 0.9 x 0.78 x 0.6 x 0.41 x 0.36 x 0.41 x 0.35 x
EV / Revenue 0.95 x 0.9 x 0.78 x 0.6 x 0.41 x 0.36 x 0.41 x 0.35 x
EV / EBITDA 5.07 x 4.15 x - 8.84 x - 3.88 x 3.47 x -
EV / FCF 9,108,379 x - 8,207,299 x 3,724,592 x - - - -
FCF Yield 0% - 0% 0% - - - -
Price to Book 2.23 x 1.64 x 1.78 x 1.66 x 1.17 x 0.97 x 0.85 x 0.82 x
Nbr of stocks (in thousands) 2,157,178 2,155,950 2,155,950 2,331,805 2,331,060 2,331,060 - -
Reference price 2 6.752 6.940 7.800 6.020 4.610 4.150 4.150 4.150
Announcement Date 2/27/20 3/5/21 3/18/22 3/17/23 3/15/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 15,389 16,601 21,679 23,239 26,507 26,976 23,651 27,973
EBITDA 1 2,871 3,604 - 1,588 - 2,491 2,784 -
EBIT 1 2,373 3,100 3,673 1,145 987.1 1,024 1,741 1,292
Operating Margin 15.42% 18.67% 16.94% 4.93% 3.72% 3.8% 7.36% 4.62%
Earnings before Tax (EBT) 1 2,344 3,073 3,638 1,119 966.4 994 1,712 1,262
Net income 1 1,711 2,139 2,732 926.2 688.8 741.2 1,331 941
Net margin 11.12% 12.89% 12.6% 3.99% 2.6% 2.75% 5.63% 3.36%
EPS 2 0.7920 0.9900 1.270 0.4100 0.2870 0.3200 0.5700 0.4000
Free Cash Flow 1,599 - 2,049 3,769 - - - -
FCF margin 10.39% - 9.45% 16.22% - - - -
FCF Conversion (EBITDA) 55.69% - - 237.38% - - - -
FCF Conversion (Net income) 93.45% - 75% 406.91% - - - -
Dividend per Share 2 - 1.100 1.110 - - 0.4200 0.4700 -
Announcement Date 2/27/20 3/5/21 3/18/22 3/17/23 3/15/24 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1,599 - 2,049 3,769 - - - -
ROE (net income / shareholders' equity) 27.1% 28.8% 29.4% 11.1% 7.85% 7.42% 11.6% 7.99%
ROA (Net income/ Total Assets) 15.2% 16.1% 16.2% 4.95% 3.52% 3.5% 6.68% 4.4%
Assets 1 11,284 13,326 16,912 18,730 19,590 21,176 19,919 21,386
Book Value Per Share 2 3.030 4.220 4.390 3.630 3.950 4.280 4.860 5.050
Cash Flow per Share 2 0.8000 1.730 1.000 1.560 0.2500 0.3800 0.8800 0.6300
Capex 1 136 148 105 - 85.7 150 412 150
Capex / Sales 0.88% 0.89% 0.48% - 0.32% 0.56% 1.74% 0.54%
Announcement Date 2/27/20 3/5/21 3/18/22 3/17/23 3/15/24 - - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
4.15
Average target price
-
Consensus

Annual profits - Rate of surprise

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