Financials Jiangxi Selon Industrial Co., Ltd.

Equities

002748

CNE100001X43

Commodity Chemicals

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
7.45 CNY -4.24% Intraday chart for Jiangxi Selon Industrial Co., Ltd. +7.04% -36.60%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,692 1,774 1,495 2,700 2,412 2,820
Enterprise Value (EV) 1 1,707 2,080 1,976 2,856 2,613 2,975
P/E ratio 29.7 x -97.2 x -10.5 x 13.8 x 13.4 x 155 x
Yield 1.42% 0.68% - - - -
Capitalization / Revenue 1.14 x 0.96 x 0.95 x 1.24 x 0.93 x 1.35 x
EV / Revenue 1.15 x 1.12 x 1.26 x 1.31 x 1.01 x 1.42 x
EV / EBITDA 13.1 x 26.3 x -32.1 x 6.92 x 7.18 x 20.2 x
EV / FCF -11.4 x -14.1 x 207 x 9.57 x -39.9 x 25.5 x
FCF Yield -8.81% -7.1% 0.48% 10.5% -2.51% 3.92%
Price to Book 1.45 x 1.58 x 1.54 x 2.32 x 1.8 x 2.13 x
Nbr of stocks (in thousands) 240,000 240,000 240,000 240,000 240,000 240,000
Reference price 2 7.050 7.390 6.230 11.25 10.05 11.75
Announcement Date 4/18/19 4/20/20 4/27/21 4/27/22 4/28/23 4/26/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,485 1,850 1,572 2,175 2,592 2,091
EBITDA 1 130.1 79.06 -61.51 412.8 363.8 147.4
EBIT 1 61.92 1.05 -153.6 294.1 244 22.74
Operating Margin 4.17% 0.06% -9.78% 13.53% 9.42% 1.09%
Earnings before Tax (EBT) 1 66.59 -19.7 -178 249.3 217.2 29.79
Net income 1 56.91 -18.24 -141.9 195.6 180.2 18.29
Net margin 3.83% -0.99% -9.03% 8.99% 6.95% 0.87%
EPS 2 0.2371 -0.0760 -0.5910 0.8150 0.7510 0.0760
Free Cash Flow 1 -150.3 -147.6 9.569 298.5 -65.51 116.5
FCF margin -10.13% -7.98% 0.61% 13.73% -2.53% 5.57%
FCF Conversion (EBITDA) - - - 72.31% - 79.05%
FCF Conversion (Net income) - - - 152.62% - 637.17%
Dividend per Share 2 0.1000 0.0500 - - - -
Announcement Date 4/18/19 4/20/20 4/27/21 4/27/22 4/28/23 4/26/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 14.9 306 481 156 201 155
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 0.1142 x 3.876 x -7.819 x 0.3774 x 0.5523 x 1.053 x
Free Cash Flow 1 -150 -148 9.57 299 -65.5 117
ROE (net income / shareholders' equity) 4.89% -1.59% -12.8% 18.2% 14% 1.04%
ROA (Net income/ Total Assets) 2.68% 0.04% -5.21% 9.77% 7.61% 0.65%
Assets 1 2,123 -46,178 2,724 2,003 2,368 2,818
Book Value Per Share 2 4.860 4.670 4.040 4.850 5.590 5.530
Cash Flow per Share 2 0.7900 0.3100 0.4500 0.6600 0.6400 0.6800
Capex 1 139 304 196 61.4 84.8 74.3
Capex / Sales 9.34% 16.43% 12.44% 2.82% 3.27% 3.55%
Announcement Date 4/18/19 4/20/20 4/27/21 4/27/22 4/28/23 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

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