Financials Kunming Chuan Jin Nuo Chemical Co., Ltd.

Equities

300505

CNE100002698

Agricultural Chemicals

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
14.71 CNY +0.62% Intraday chart for Kunming Chuan Jin Nuo Chemical Co., Ltd. +4.77% -12.18%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,079 2,317 2,060 4,590 5,109 4,604
Enterprise Value (EV) 1 2,096 2,369 2,235 4,734 5,539 4,531
P/E ratio 32.4 x 31.4 x 49.5 x 21.6 x 14.7 x -45 x
Yield 0.63% 0.69% 0.41% 0.65% - 0.66%
Capitalization / Revenue 2.15 x 2.06 x 1.96 x 2.99 x 2.03 x 1.7 x
EV / Revenue 2.17 x 2.1 x 2.13 x 3.08 x 2.2 x 1.67 x
EV / EBITDA 17.2 x 16 x 20.1 x 14.7 x 10.5 x 252 x
EV / FCF -34.5 x -13.2 x -17.9 x -13.8 x -18 x -140 x
FCF Yield -2.9% -7.6% -5.6% -7.23% -5.55% -0.72%
Price to Book 2.89 x 2.5 x 1.97 x 3.06 x 2.81 x 1.92 x
Nbr of stocks (in thousands) 182,052 196,026 196,026 224,691 224,691 274,868
Reference price 2 11.42 11.82 10.51 20.43 22.74 16.75
Announcement Date 4/23/19 2/28/20 4/26/21 3/30/22 4/6/23 4/11/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 965.6 1,126 1,050 1,536 2,520 2,711
EBITDA 1 122.2 148.3 111.2 322.5 527.2 17.98
EBIT 1 78.24 87.34 48.35 236.2 416.3 -113.8
Operating Margin 8.1% 7.76% 4.61% 15.38% 16.52% -4.2%
Earnings before Tax (EBT) 1 75.94 85.91 49.33 223.3 413 -133.3
Net income 1 64.11 72.81 41.48 189.1 347 -91.46
Net margin 6.64% 6.47% 3.95% 12.31% 13.77% -3.37%
EPS 2 0.3521 0.3759 0.2123 0.9439 1.544 -0.3724
Free Cash Flow 1 -60.81 -180.2 -125.1 -342.3 -307.3 -32.42
FCF margin -6.3% -16% -11.91% -22.29% -12.19% -1.2%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 0.0718 0.0821 0.0433 0.1333 - 0.1100
Announcement Date 4/23/19 2/28/20 4/26/21 3/30/22 4/6/23 4/11/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 16.8 52.4 175 144 429 -
Net Cash position 1 - - - - - 72.9
Leverage (Debt/EBITDA) 0.1375 x 0.3532 x 1.574 x 0.4473 x 0.8141 x -
Free Cash Flow 1 -60.8 -180 -125 -342 -307 -32.4
ROE (net income / shareholders' equity) 9.25% 8.85% 4.17% 14.9% 21% -4.55%
ROA (Net income/ Total Assets) 5.06% 4.39% 1.79% 6.89% 9.63% -2.15%
Assets 1 1,267 1,660 2,323 2,743 3,603 4,252
Book Value Per Share 2 3.950 4.730 5.340 6.680 8.090 8.730
Cash Flow per Share 2 0.6200 1.380 2.060 1.160 1.270 2.810
Capex 1 182 279 338 372 272 92.9
Capex / Sales 18.82% 24.8% 32.24% 24.23% 10.79% 3.43%
Announcement Date 4/23/19 2/28/20 4/26/21 3/30/22 4/6/23 4/11/24
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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