HANG ZHOU IRON & STEEL CO.,LTD. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 5.15 CNY | +2.79% |
|
-0.96% | -3.38% |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 15,231 | 16,514 | 17,865 | 17,325 | 13,948 | 18,000 |
| Enterprise Value (EV) 1 | 8,967 | 10,452 | 10,702 | 7,757 | 5,543 | 12,162 |
| P/E ratio | 7.91 x | 18.1 x | 15.6 x | 10.5 x | 29.5 x | 107 x |
| Yield | - | 2.45% | 6.05% | 4.87% | 1.21% | 0.94% |
| Capitalization / Revenue | 0.58 x | 0.62 x | 0.55 x | 0.35 x | 0.32 x | 0.32 x |
| EV / Revenue | 0.34 x | 0.39 x | 0.33 x | 0.16 x | 0.13 x | 0.22 x |
| EV / EBITDA | 2.32 x | 4.93 x | 4.58 x | 2.76 x | 4.43 x | 15.1 x |
| EV / FCF | 3.93 x | 4.53 x | -6.94 x | 1.68 x | 1,030 x | -6.45 x |
| FCF Yield | 25.5% | 22.1% | -14.4% | 59.4% | 0.1% | -15.5% |
| Price to Book | 0.82 x | 0.87 x | 0.91 x | 0.84 x | 0.69 x | 0.89 x |
| Nbr of stocks (in thousands) | 3,377,189 | 3,377,189 | 3,377,189 | 3,377,189 | 3,377,189 | 3,377,189 |
| Reference price 2 | 4.510 | 4.890 | 5.290 | 5.130 | 4.130 | 5.330 |
| Announcement Date | 4/11/19 | 4/7/20 | 4/9/21 | 4/8/22 | 4/14/23 | 4/12/24 |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 26,450 | 26,742 | 32,425 | 49,961 | 43,325 | 55,827 |
| EBITDA 1 | 3,865 | 2,121 | 2,335 | 2,806 | 1,252 | 806.3 |
| EBIT 1 | 2,440 | 864.5 | 1,056 | 1,659 | 86.29 | -230.5 |
| Operating Margin | 9.23% | 3.23% | 3.26% | 3.32% | 0.2% | -0.41% |
| Earnings before Tax (EBT) 1 | 2,662 | 1,219 | 1,429 | 2,140 | 563 | 278.8 |
| Net income 1 | 1,938 | 917.8 | 1,133 | 1,641 | 479.8 | 182.2 |
| Net margin | 7.33% | 3.43% | 3.49% | 3.28% | 1.11% | 0.33% |
| EPS 2 | 0.5700 | 0.2700 | 0.3400 | 0.4900 | 0.1400 | 0.0500 |
| Free Cash Flow 1 | 2,283 | 2,305 | -1,542 | 4,606 | 5.382 | -1,885 |
| FCF margin | 8.63% | 8.62% | -4.76% | 9.22% | 0.01% | -3.38% |
| FCF Conversion (EBITDA) | 59.08% | 108.67% | - | 164.13% | 0.43% | - |
| FCF Conversion (Net income) | 117.84% | 251.13% | - | 280.74% | 1.12% | - |
| Dividend per Share | - | 0.1200 | 0.3200 | 0.2500 | 0.0500 | 0.0500 |
| Announcement Date | 4/11/19 | 4/7/20 | 4/9/21 | 4/8/22 | 4/14/23 | 4/12/24 |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - |
| Net Cash position 1 | 6,264 | 6,062 | 7,163 | 9,568 | 8,404 | 5,839 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - |
| Free Cash Flow 1 | 2,283 | 2,305 | -1,542 | 4,606 | 5.38 | -1,885 |
| ROE (net income / shareholders' equity) | 11% | 4.85% | 5.88% | 8.07% | 2.36% | 0.91% |
| ROA (Net income/ Total Assets) | 6.07% | 2.05% | 2.46% | 3.63% | 0.19% | -0.48% |
| Assets 1 | 31,928 | 44,847 | 46,115 | 45,186 | 257,565 | -37,831 |
| Book Value Per Share 2 | 5.480 | 5.610 | 5.830 | 6.080 | 5.980 | 5.980 |
| Cash Flow per Share 2 | 1.710 | 1.910 | 2.140 | 2.930 | 2.650 | 2.270 |
| Capex 1 | 453 | 829 | 851 | 1,111 | 820 | 807 |
| Capex / Sales | 1.71% | 3.1% | 2.62% | 2.22% | 1.89% | 1.45% |
| Announcement Date | 4/11/19 | 4/7/20 | 4/9/21 | 4/8/22 | 4/14/23 | 4/12/24 |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| -3.38% | 2.4B | |
| +1.72% | 25.86B | |
| +19.56% | 21.23B | |
| -9.07% | 11.73B | |
| +25.70% | 11.2B | |
| +11.54% | 10.91B | |
| +10.96% | 10.15B | |
| +2.61% | 8.56B | |
| +3.00% | 7.32B | |
| +22.36% | 6.92B |
- Stock Market
- Equities
- 600126 Stock
- Financials Hang Zhou Iron & Steel Co.,Ltd.
