Financials Fujian Jinsen Forestry Co.,Ltd

Equities

002679

CNE100001DX9

Forest & Wood Products

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-28 pm EDT 5-day change 1st Jan Change
8.5 CNY +5.99% Intraday chart for Fujian Jinsen Forestry Co.,Ltd +11.70% -31.06%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 4,067 3,800 2,716 3,095 2,473 2,907
Enterprise Value (EV) 1 4,756 4,594 3,565 3,927 3,432 3,864
P/E ratio 86.3 x 806 x 288 x 263 x 262 x 411 x
Yield 0.32% 0.12% 0.26% 0.27% 0.41% -
Capitalization / Revenue 24.1 x 29.6 x 18.3 x 16.3 x 14.2 x 19.7 x
EV / Revenue 28.2 x 35.7 x 24.1 x 20.7 x 19.7 x 26.2 x
EV / EBITDA 62.7 x 126 x 78.8 x 93.1 x 116 x 60.3 x
EV / FCF 107 x -44.9 x -50.5 x 1,978 x -19.1 x 87.3 x
FCF Yield 0.93% -2.23% -1.98% 0.05% -5.23% 1.15%
Price to Book 5.35 x 5.06 x 3.59 x 4.06 x 3.24 x 5.41 x
Nbr of stocks (in thousands) 235,756 235,756 235,756 235,756 235,756 235,756
Reference price 2 17.25 16.12 11.52 13.13 10.49 12.33
Announcement Date 4/24/19 4/28/20 4/28/21 4/29/22 4/28/23 4/29/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 168.5 128.6 148 189.9 174.1 147.7
EBITDA 1 75.87 36.34 45.24 42.19 29.59 64.09
EBIT 1 72.72 33.94 42.93 39.17 25.95 58.57
Operating Margin 43.16% 26.4% 29% 20.63% 14.91% 39.67%
Earnings before Tax (EBT) 1 50.3 4.418 8.97 12.57 9.836 8.97
Net income 1 47.59 4.352 8.727 12.93 10.19 8.006
Net margin 28.24% 3.39% 5.9% 6.81% 5.85% 5.42%
EPS 2 0.2000 0.0200 0.0400 0.0500 0.0400 0.0300
Free Cash Flow 1 44.45 -102.4 -70.53 1.985 -179.6 44.26
FCF margin 26.38% -79.67% -47.65% 1.05% -103.18% 29.98%
FCF Conversion (EBITDA) 58.59% - - 4.71% - 69.07%
FCF Conversion (Net income) 93.4% - - 15.35% - 552.86%
Dividend per Share 2 0.0550 0.0200 0.0300 0.0350 0.0430 -
Announcement Date 4/24/19 4/28/20 4/28/21 4/29/22 4/28/23 4/29/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 690 793 849 832 959 957
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 9.09 x 21.83 x 18.77 x 19.72 x 32.4 x 14.93 x
Free Cash Flow 1 44.5 -102 -70.5 1.99 -180 44.3
ROE (net income / shareholders' equity) 6.15% 0.57% 1.16% 1.7% 1.33% 1.05%
ROA (Net income/ Total Assets) 2.68% 1.26% 1.56% 1.33% 0.85% 1.85%
Assets 1 1,773 346.6 560.4 973.7 1,204 433.9
Book Value Per Share 2 3.220 3.190 3.210 3.230 3.240 2.280
Cash Flow per Share 2 0.6400 0.2800 0.4100 1.030 0.4900 0.7600
Capex 1 5.07 1.49 7.84 7.26 22.4 3.94
Capex / Sales 3.01% 1.16% 5.3% 3.83% 12.88% 2.67%
Announcement Date 4/24/19 4/28/20 4/28/21 4/29/22 4/28/23 4/29/24
1CNY in Million2CNY
Estimates
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