GUANGZHOU JOINTAS CHEMICAL CO., LTD. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 5.19 CNY | -0.57% |
|
+2.37% | -31.98% |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 1,824 | 1,913 | 2,408 | 2,716 | 3,262 | 2,816 |
| Enterprise Value (EV) 1 | 1,680 | 1,864 | 2,200 | 2,731 | 3,611 | 3,287 |
| P/E ratio | 98.8 x | 22.5 x | 21.5 x | 54 x | 327 x | 283 x |
| Yield | 1.38% | 2.61% | 1.46% | 0.68% | 0.57% | 0.66% |
| Capitalization / Revenue | 1.96 x | 1.88 x | 1.91 x | 1.62 x | 2.25 x | 2.11 x |
| EV / Revenue | 1.8 x | 1.83 x | 1.75 x | 1.63 x | 2.49 x | 2.47 x |
| EV / EBITDA | 51.4 x | 14.4 x | 12.8 x | 29.9 x | 52.9 x | 36.1 x |
| EV / FCF | 32.5 x | -22.4 x | -33.3 x | -20.2 x | -11.1 x | -47.2 x |
| FCF Yield | 3.07% | -4.47% | -3% | -4.94% | -9.01% | -2.12% |
| Price to Book | 3.96 x | 3.68 x | 2.83 x | 3.21 x | 4.32 x | 3.29 x |
| Nbr of stocks (in thousands) | 329,280 | 326,013 | 327,324 | 370,072 | 369,019 | 369,019 |
| Reference price 2 | 5.541 | 5.867 | 7.357 | 7.340 | 8.840 | 7.630 |
| Announcement Date | 4/28/19 | 3/30/20 | 4/8/21 | 3/25/22 | 4/28/23 | 4/18/24 |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 932.6 | 1,016 | 1,259 | 1,676 | 1,450 | 1,332 |
| EBITDA 1 | 32.68 | 129.7 | 172.2 | 91.3 | 68.23 | 90.99 |
| EBIT 1 | 17.2 | 107.5 | 146.6 | 57.68 | 25.29 | 38.23 |
| Operating Margin | 1.84% | 10.58% | 11.64% | 3.44% | 1.74% | 2.87% |
| Earnings before Tax (EBT) 1 | 25.96 | 102.6 | 136.4 | 53.82 | 11.61 | 11.15 |
| Net income 1 | 18.74 | 85.42 | 111.8 | 50.69 | 10.16 | 10.24 |
| Net margin | 2.01% | 8.41% | 8.88% | 3.03% | 0.7% | 0.77% |
| EPS 2 | 0.0561 | 0.2602 | 0.3421 | 0.1360 | 0.0270 | 0.0270 |
| Free Cash Flow 1 | 51.66 | -83.32 | -66.02 | -134.9 | -325.2 | -69.58 |
| FCF margin | 5.54% | -8.2% | -5.25% | -8.05% | -22.42% | -5.22% |
| FCF Conversion (EBITDA) | 158.06% | - | - | - | - | - |
| FCF Conversion (Net income) | 275.63% | - | - | - | - | - |
| Dividend per Share 2 | 0.0765 | 0.1531 | 0.1071 | 0.0500 | 0.0500 | 0.0500 |
| Announcement Date | 4/28/19 | 3/30/20 | 4/8/21 | 3/25/22 | 4/28/23 | 4/18/24 |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | 14.3 | 349 | 472 |
| Net Cash position 1 | 144 | 48.6 | 208 | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | 0.1566 x | 5.116 x | 5.182 x |
| Free Cash Flow 1 | 51.7 | -83.3 | -66 | -135 | -325 | -69.6 |
| ROE (net income / shareholders' equity) | 3.96% | 17.3% | 16.1% | 5.92% | 1.2% | 1.2% |
| ROA (Net income/ Total Assets) | 1.26% | 7.16% | 6.92% | 2.04% | 0.84% | 1.24% |
| Assets 1 | 1,484 | 1,193 | 1,615 | 2,488 | 1,215 | 826.9 |
| Book Value Per Share 2 | 1.400 | 1.600 | 2.600 | 2.280 | 2.050 | 2.320 |
| Cash Flow per Share 2 | 0.7200 | 0.7500 | 1.530 | 1.110 | 0.4900 | 0.4300 |
| Capex 1 | 75.4 | 59.2 | 260 | 110 | 301 | 194 |
| Capex / Sales | 8.09% | 5.83% | 20.64% | 6.58% | 20.76% | 14.55% |
| Announcement Date | 4/28/19 | 3/30/20 | 4/8/21 | 3/25/22 | 4/28/23 | 4/18/24 |
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. | |
|---|---|---|
| -31.98% | 281M | |
| +0.41% | 30.94B | |
| +12.18% | 1.34B | |
| -6.63% | 1.28B | |
| +22.24% | 1.27B | |
| -25.45% | 770M | |
| -24.52% | 742M | |
| -19.93% | 713M | |
| -35.18% | 679M | |
| -20.76% | 603M |
- Stock Market
- Equities
- 002909 Stock
- Financials Guangzhou Jointas Chemical Co., Ltd.
