FUJIAN NEWCHOICE PIPE TECHNOLOGY CO., LTD. Financials Fujian Newchoice Pipe Technology Co., Ltd.
Equities
300198
CNE1000011S9
Construction Supplies & Fixtures
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 1.48 CNY | -1.33% |
|
0.00% | -44.98% |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 2,930 | 4,456 | 5,312 | 4,147 | 2,785 | 2,775 |
| Enterprise Value (EV) 1 | 3,306 | 5,008 | 6,237 | 5,371 | 4,019 | 3,872 |
| P/E ratio | -7.38 x | 18.8 x | 110 x | -37.9 x | -9.05 x | -9.08 x |
| Yield | - | - | - | - | - | - |
| Capitalization / Revenue | 2.58 x | 5.51 x | 5.94 x | 6.11 x | 5.5 x | 7.01 x |
| EV / Revenue | 2.91 x | 6.2 x | 6.97 x | 7.92 x | 7.93 x | 9.78 x |
| EV / EBITDA | 328 x | -163 x | 206 x | -68 x | -22.4 x | -127 x |
| EV / FCF | 7.41 x | -34.5 x | -11.6 x | -12.7 x | 1,719 x | 120 x |
| FCF Yield | 13.5% | -2.9% | -8.65% | -7.85% | 0.06% | 0.83% |
| Price to Book | 2.52 x | 3.18 x | 3.67 x | 3.02 x | 2.63 x | 3.67 x |
| Nbr of stocks (in thousands) | 1,031,549 | 1,031,549 | 1,031,549 | 1,031,549 | 1,031,549 | 1,031,549 |
| Reference price 2 | 2.840 | 4.320 | 5.150 | 4.020 | 2.700 | 2.690 |
| Announcement Date | 4/25/19 | 4/28/20 | 4/27/21 | 4/28/22 | 4/27/23 | 4/26/24 |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 1,134 | 808.3 | 894.8 | 678.4 | 506.8 | 396 |
| EBITDA 1 | 10.09 | -30.79 | 30.26 | -78.94 | -179.3 | -30.43 |
| EBIT 1 | -34.62 | -76.3 | -16.74 | -120 | -216.7 | -66.13 |
| Operating Margin | -3.05% | -9.44% | -1.87% | -17.69% | -42.75% | -16.7% |
| Earnings before Tax (EBT) 1 | -517.2 | 335.7 | 41.48 | -136.2 | -268.1 | -285.9 |
| Net income 1 | -397.1 | 237.2 | 48.22 | -109.3 | -307.8 | -305.8 |
| Net margin | -35.01% | 29.35% | 5.39% | -16.12% | -60.73% | -77.21% |
| EPS 2 | -0.3850 | 0.2299 | 0.0467 | -0.1060 | -0.2983 | -0.2964 |
| Free Cash Flow 1 | 445.9 | -145.3 | -539.4 | -421.7 | 2.338 | 32.32 |
| FCF margin | 39.31% | -17.98% | -60.28% | -62.16% | 0.46% | 8.16% |
| FCF Conversion (EBITDA) | 4,419.78% | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - |
| Announcement Date | 4/25/19 | 4/28/20 | 4/27/21 | 4/28/22 | 4/27/23 | 4/26/24 |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 376 | 552 | 924 | 1,224 | 1,234 | 1,097 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 37.28 x | -17.92 x | 30.55 x | -15.51 x | -6.883 x | -36.05 x |
| Free Cash Flow 1 | 446 | -145 | -539 | -422 | 2.34 | 32.3 |
| ROE (net income / shareholders' equity) | -26.9% | 17.7% | 3.28% | -7.8% | -25.9% | -35.9% |
| ROA (Net income/ Total Assets) | -0.69% | -1.5% | -0.3% | -2.05% | -3.96% | -1.35% |
| Assets 1 | 57,833 | -15,798 | -15,999 | 5,321 | 7,763 | 22,618 |
| Book Value Per Share 2 | 1.130 | 1.360 | 1.410 | 1.330 | 1.030 | 0.7300 |
| Cash Flow per Share 2 | 0.3400 | 0.2500 | 0.3100 | 0.1100 | 0.0900 | 0.0500 |
| Capex 1 | 346 | 283 | 514 | 30.6 | 9.07 | 7.53 |
| Capex / Sales | 30.51% | 34.99% | 57.47% | 4.51% | 1.79% | 1.9% |
| Announcement Date | 4/25/19 | 4/28/20 | 4/27/21 | 4/28/22 | 4/27/23 | 4/26/24 |
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. | |
|---|---|---|
| -44.98% | 211M | |
| -8.07% | 18.04B | |
| +15.69% | 12.63B | |
| +6.93% | 6.57B | |
| +17.48% | 3.69B | |
| +15.35% | 2.61B | |
| +10.71% | 2.58B | |
| +1.78% | 2.22B | |
| +29.43% | 2.02B | |
| -19.61% | 1.3B |
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- 300198 Stock
- Financials Fujian Newchoice Pipe Technology Co., Ltd.
