Financials Jizhong Energy Resources Co., Ltd.

Equities

000937

CNE0000010H6

Coal

End-of-day quote Shenzhen S.E. Other stock markets 06:00:00 2024-04-25 pm EDT			5-day change	1st Jan Change
7.66 ^CNY	-1.42%		-9.13%	+7.28%

Apr. 26	Jizhong Energy Resources Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
Apr. 24	Jizhong Energy Resources Co., Ltd. Approves Board Elections	CI

Valuation

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	12,933	14,700	19,470	22,473	25,230	27,067	-	-
Enterprise Value (EV) ¹	12,933	14,700	19,470	22,473	25,230	27,067	27,067	27,067
P/E ratio	14.3 x	18.7 x	7.11 x	5.04 x	5.1 x	9.34 x	8.8 x	8.24 x
Yield	-	-	18.1%	-	8.4%	-	-	-
Capitalization / Revenue	0.59 x	-	0.62 x	0.62 x	1.04 x	1.11 x	1.05 x	1.01 x
EV / Revenue	0.59 x	-	0.62 x	0.62 x	1.04 x	1.11 x	1.05 x	1.01 x
EV / EBITDA	-	-	-	-	3 x	4.24 x	3.99 x	3.89 x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Price to Book	-	-	0.94 x	1.06 x	1.12 x	1.16 x	1.12 x	1.09 x
Nbr of stocks (in thousands)	3,533,547	3,533,547	3,533,547	3,533,547	3,533,547	3,533,547	-	-
Reference price ²	3.660	4.160	5.510	6.360	7.140	7.660	7.660	7.660
Announcement Date	4/28/20	4/28/21	4/13/22	4/14/23	4/12/24	-	-	-

¹CNY in Million²CNY

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	21,740	-	31,424	36,036	24,330	24,363	25,765	26,888
EBITDA ¹	-	-	-	-	8,408	6,386	6,776	6,959
EBIT ¹	-	-	4,796	7,235	6,700	4,715	4,978	5,011
Operating Margin	-	-	15.26%	20.08%	27.54%	19.35%	19.32%	18.64%
Earnings before Tax (EBT) ¹	-	-	4,645	7,027	6,593	4,559	4,842	4,875
Net income ¹	-	785.5	2,739	4,458	4,944	2,906	3,087	3,287
Net margin	-	-	8.72%	12.37%	20.32%	11.93%	11.98%	12.22%
EPS ²	0.2551	0.2223	0.7752	1.262	1.399	0.8200	0.8700	0.9300
Free Cash Flow	-	-	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-	-	-
Dividend per Share	-	-	1.000	-	0.6000	-	-	-
Announcement Date	4/28/20	4/28/21	4/13/22	4/14/23	4/12/24	-	-	-

¹CNY in Million²CNY

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2022 S1
Net sales	-
EBITDA	-
EBIT	-
Operating Margin	-
Earnings before Tax (EBT)	-
Net income ¹	2,571
Net margin	-
EPS ²	0.7276
Dividend per Share	-
Announcement Date	8/29/22

¹CNY in Million²CNY

Estimates

Balance Sheet Analysis

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow	-	-	-	-	-	-	-	-
ROE (net income / shareholders' equity)	-	-	13.6%	21.4%	22.7%	12.5%	12.8%	13.2%
ROA (Net income/ Total Assets)	-	-	5.48%	-	-	5.8%	5.7%	6%
Assets ¹	-	-	50,024	-	-	50,103	54,158	54,783
Book Value Per Share ²	-	-	5.890	5.980	6.370	6.590	6.810	7.040
Cash Flow per Share	-	-	1.420	1.560	1.300	-	-	-
Capex ¹	-	-	1,672	1,017	2,300	3,100	2,030	2,000
Capex / Sales	-	-	5.32%	2.82%	9.45%	12.72%	7.88%	7.44%
Announcement Date	4/28/20	4/28/21	4/13/22	4/14/23	4/12/24	-	-	-

¹CNY in Million²CNY

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Ratings for Jizhong Energy Resources Co., Ltd.

Trading Rating

Investor Rating

ESG Refinitiv

C-

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

7.66 CNY

Average target price

10 CNY

Spread / Average Target

+30.55%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

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