Financials Guangdong Dowstone Technology Co., Ltd.

Equities

300409

CNE100002714

Commodity Chemicals

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
10.93 CNY -3.70% Intraday chart for Guangdong Dowstone Technology Co., Ltd. +15.91% -1.89%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 5,879 6,224 6,868 14,034 8,539 6,480
Enterprise Value (EV) 1 6,730 7,132 7,830 14,833 10,438 8,230
P/E ratio 25.2 x 271 x 115 x 23.8 x 97.9 x -223 x
Yield 1.14% 0.74% 0.33% 0.21% 0.34% -
Capitalization / Revenue 1.66 x 2.08 x 2.07 x 2.14 x 1.24 x 0.89 x
EV / Revenue 1.9 x 2.39 x 2.36 x 2.26 x 1.52 x 1.13 x
EV / EBITDA 10.6 x 31.4 x 22.2 x 16.3 x 29 x 12.3 x
EV / FCF -183 x -46.7 x -347 x -10.7 x -4.36 x 1,477 x
FCF Yield -0.55% -2.14% -0.29% -9.34% -22.9% 0.07%
Price to Book 2.53 x 2.52 x 2.77 x 3.12 x 1.58 x 1.07 x
Nbr of stocks (in thousands) 448,420 459,988 460,005 578,741 581,312 581,670
Reference price 2 13.11 13.53 14.93 24.25 14.69 11.14
Announcement Date 4/25/19 4/27/20 4/27/21 4/27/22 4/25/23 4/24/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 3,544 2,986 3,315 6,569 6,862 7,296
EBITDA 1 636.9 227 352.7 909.1 360.3 669.7
EBIT 1 555.6 115.9 212.8 767.3 160.5 323.6
Operating Margin 15.68% 3.88% 6.42% 11.68% 2.34% 4.44%
Earnings before Tax (EBT) 1 446.2 19.52 67.93 652 55.75 17.56
Net income 1 220 24 60.52 561.7 86.19 -27.89
Net margin 6.21% 0.8% 1.83% 8.55% 1.26% -0.38%
EPS 2 0.5200 0.0500 0.1300 1.020 0.1500 -0.0500
Free Cash Flow 1 -36.7 -152.9 -22.56 -1,385 -2,395 5.571
FCF margin -1.04% -5.12% -0.68% -21.08% -34.9% 0.08%
FCF Conversion (EBITDA) - - - - - 0.83%
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 0.1500 0.1000 0.0500 0.0500 0.0500 -
Announcement Date 4/25/19 4/27/20 4/27/21 4/27/22 4/25/23 4/24/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 851 908 962 798 1,898 1,750
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 1.336 x 4.001 x 2.729 x 0.8782 x 5.268 x 2.614 x
Free Cash Flow 1 -36.7 -153 -22.6 -1,385 -2,395 5.57
ROE (net income / shareholders' equity) 18.4% 0.85% 2.32% 16% 1.34% -0.41%
ROA (Net income/ Total Assets) 7.8% 1.5% 2.87% 7.48% 1.02% 1.52%
Assets 1 2,820 1,596 2,111 7,511 8,461 -1,833
Book Value Per Share 2 5.190 5.370 5.390 7.760 9.310 10.40
Cash Flow per Share 2 1.650 0.9000 0.8500 1.740 2.650 7.270
Capex 1 324 374 192 772 2,101 732
Capex / Sales 9.14% 12.53% 5.81% 11.76% 30.62% 10.04%
Announcement Date 4/25/19 4/27/20 4/27/21 4/27/22 4/25/23 4/24/24
1CNY in Million2CNY
Estimates
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