Financials Jiangsu Broadcasting Cable Information Network Corporation Limited

Equities

600959

CNE1000022G1

Integrated Telecommunications Services

End-of-day quote Shanghai S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
3.06 CNY -0.97% Intraday chart for Jiangsu Broadcasting Cable Information Network Corporation Limited +4.08% -2.55%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 20,313 19,903 16,552 16,452 14,852 15,702
Enterprise Value (EV) 1 15,571 15,328 12,320 13,488 12,722 13,067
P/E ratio 29.4 x 56.9 x 110 x 54.8 x 42.4 x 44.9 x
Yield 2.43% 0.75% 0.91% 0.61% 0.67% 0.67%
Capitalization / Revenue 2.58 x 2.6 x 2.25 x 2.21 x 1.98 x 2.07 x
EV / Revenue 1.97 x 2 x 1.68 x 1.81 x 1.7 x 1.72 x
EV / EBITDA 8.51 x 9.97 x 9.09 x 10.6 x 10.3 x 12 x
EV / FCF 33.2 x -129 x 18 x -141 x -56.4 x -16.7 x
FCF Yield 3.01% -0.77% 5.56% -0.71% -1.77% -5.98%
Price to Book 0.94 x 0.92 x 0.77 x 0.75 x 0.67 x 0.71 x
Nbr of stocks (in thousands) 4,930,460 5,000,718 5,000,718 5,000,718 5,000,718 5,000,718
Reference price 2 4.120 3.980 3.310 3.290 2.970 3.140
Announcement Date 4/22/19 4/27/20 4/23/21 4/25/22 4/22/23 4/9/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 7,885 7,650 7,345 7,459 7,506 7,597
EBITDA 1 1,830 1,537 1,356 1,275 1,240 1,087
EBIT 1 535.4 176 -39.24 -129.1 -191.2 -300.9
Operating Margin 6.79% 2.3% -0.53% -1.73% -2.55% -3.96%
Earnings before Tax (EBT) 1 801.8 377.2 216.1 381.6 408.3 421.6
Net income 1 624.4 331.1 168.6 315.1 326.9 340
Net margin 7.92% 4.33% 2.3% 4.22% 4.36% 4.48%
EPS 2 0.1400 0.0700 0.0300 0.0600 0.0700 0.0700
Free Cash Flow 1 469 -118.8 685.3 -95.99 -225.4 -781
FCF margin 5.95% -1.55% 9.33% -1.29% -3% -10.28%
FCF Conversion (EBITDA) 25.62% - 50.55% - - -
FCF Conversion (Net income) 75.11% - 406.44% - - -
Dividend per Share 2 0.1000 0.0300 0.0300 0.0200 0.0200 0.0210
Announcement Date 4/22/19 4/27/20 4/23/21 4/25/22 4/22/23 4/9/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 4,742 4,575 4,232 2,964 2,130 2,636
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 469 -119 685 -96 -225 -781
ROE (net income / shareholders' equity) 3.63% 1.68% 0.96% 1.69% 1.79% 1.86%
ROA (Net income/ Total Assets) 1.04% 0.34% -0.07% -0.23% -0.33% -0.51%
Assets 1 60,119 97,582 -228,145 -134,531 -98,676 -67,084
Book Value Per Share 2 4.360 4.320 4.330 4.360 4.400 4.450
Cash Flow per Share 2 1.150 0.6400 0.6700 0.7500 0.9000 1.030
Capex 1 2,649 2,540 1,510 1,780 1,742 1,992
Capex / Sales 33.59% 33.2% 20.56% 23.87% 23.21% 26.22%
Announcement Date 4/22/19 4/27/20 4/23/21 4/25/22 4/22/23 4/9/24
1CNY in Million2CNY
Estimates
  1. Stock Market
  2. Equities
  3. 600959 Stock
  4. Financials Jiangsu Broadcasting Cable Information Network Corporation Limited