Financials Kangda New Materials (Group) Co., Ltd.

Equities

002669

CNE100001D13

Specialty Chemicals

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
9.89 CNY +1.02% Intraday chart for Kangda New Materials (Group) Co., Ltd. +7.27% -17.03%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,445 3,332 4,143 4,062 3,897 3,554
Enterprise Value (EV) 1 2,189 2,978 4,138 4,325 4,534 5,266
P/E ratio 29.8 x 23.7 x 19.4 x 186 x 71.9 x 119 x
Yield 0.76% 0.6% 1.21% - - -
Capitalization / Revenue 2.63 x 3.13 x 2.14 x 1.79 x 1.58 x 1.27 x
EV / Revenue 2.36 x 2.79 x 2.14 x 1.9 x 1.84 x 1.89 x
EV / EBITDA 19.5 x 16.3 x 13.1 x 53.7 x 29.1 x 27.9 x
EV / FCF -5.82 x 27.2 x -9.28 x 103 x -7.9 x -11.3 x
FCF Yield -17.2% 3.67% -10.8% 0.97% -12.7% -8.83%
Price to Book 1.28 x 1.57 x 1.77 x 1.8 x 1.29 x 1.19 x
Nbr of stocks (in thousands) 241,129 251,293 251,546 248,594 302,760 298,195
Reference price 2 10.14 13.26 16.47 16.34 12.87 11.92
Announcement Date 4/15/19 4/20/20 3/22/21 4/25/22 4/14/23 4/15/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 928.3 1,066 1,932 2,272 2,466 2,793
EBITDA 1 112.3 182.8 316.1 80.56 155.5 188.8
EBIT 1 78.95 146 262 19.77 78.16 78.5
Operating Margin 8.5% 13.7% 13.56% 0.87% 3.17% 2.81%
Earnings before Tax (EBT) 1 92.16 156.8 252.3 17.69 52.88 41.65
Net income 1 80.44 140 215 22 47.91 30.32
Net margin 8.67% 13.13% 11.13% 0.97% 1.94% 1.09%
EPS 2 0.3400 0.5600 0.8500 0.0880 0.1790 0.1000
Free Cash Flow 1 -376.3 109.3 -445.6 41.86 -574.1 -464.8
FCF margin -40.54% 10.26% -23.07% 1.84% -23.28% -16.64%
FCF Conversion (EBITDA) - 59.81% - 51.96% - -
FCF Conversion (Net income) - 78.12% - 190.3% - -
Dividend per Share 2 0.0770 0.0802 0.2000 - - -
Announcement Date 4/15/19 4/20/20 3/22/21 4/25/22 4/14/23 4/15/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q1
Net sales -
EBITDA -
EBIT -
Operating Margin -
Earnings before Tax (EBT) -
Net income 1 -10.4
Net margin -
EPS 2 -0.0410
Dividend per Share -
Announcement Date 4/29/22
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - 263 637 1,712
Net Cash position 1 256 355 5.19 - - -
Leverage (Debt/EBITDA) - - - 3.262 x 4.098 x 9.067 x
Free Cash Flow 1 -376 109 -446 41.9 -574 -465
ROE (net income / shareholders' equity) 4.49% 6.85% 9.57% 0.92% 1.87% 1.06%
ROA (Net income/ Total Assets) 2.45% 3.8% 5.57% 0.35% 1.08% 0.79%
Assets 1 3,282 3,688 3,858 6,281 4,444 3,849
Book Value Per Share 2 7.940 8.460 9.280 9.100 9.980 10.00
Cash Flow per Share 2 0.9500 1.600 1.600 1.540 1.830 1.760
Capex 1 143 84.9 208 141 375 489
Capex / Sales 15.4% 7.96% 10.77% 6.23% 15.22% 17.52%
Announcement Date 4/15/19 4/20/20 3/22/21 4/25/22 4/14/23 4/15/24
1CNY in Million2CNY
Estimates
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