Financials Leshan Electric Power Co.,Ltd

Equities

600644

CNE0000008T5

Electric Utilities

End-of-day quote Shanghai S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
5.74 CNY +0.53% Intraday chart for Leshan Electric Power Co.,Ltd +0.70% -17.53%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,417 3,010 3,209 4,237 4,194 3,747
Enterprise Value (EV) 1 3,051 3,876 4,088 5,052 5,090 4,551
P/E ratio 29.9 x 33.7 x 31.3 x 36 x 59.4 x 154 x
Yield - - - - - -
Capitalization / Revenue 1.14 x 1.35 x 1.4 x 1.65 x 1.46 x 1.26 x
EV / Revenue 1.44 x 1.74 x 1.78 x 1.96 x 1.77 x 1.52 x
EV / EBITDA 20.8 x 15.5 x 13.2 x 17.1 x 23.9 x 22.7 x
EV / FCF -21.6 x -49.6 x -47.3 x 375 x -30.9 x 50.3 x
FCF Yield -4.62% -2.02% -2.12% 0.27% -3.24% 1.99%
Price to Book 1.78 x 2.03 x 2.02 x 2.46 x 2.34 x 2.06 x
Nbr of stocks (in thousands) 538,401 538,401 538,401 538,401 538,401 538,401
Reference price 2 4.490 5.590 5.960 7.870 7.790 6.960
Announcement Date 3/27/19 3/20/20 3/26/21 3/24/22 3/30/23 3/29/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 2,115 2,223 2,291 2,571 2,872 2,986
EBITDA 1 146.6 250.7 310.5 295.6 213.1 200.7
EBIT 1 28.11 117.4 159.2 144.6 52.93 31.74
Operating Margin 1.33% 5.28% 6.95% 5.62% 1.84% 1.06%
Earnings before Tax (EBT) 1 80.23 140.4 166.1 142.5 117.1 44.16
Net income 1 80.89 89.23 102.5 117.6 70.58 24.3
Net margin 3.82% 4.01% 4.48% 4.57% 2.46% 0.81%
EPS 2 0.1502 0.1657 0.1904 0.2184 0.1311 0.0451
Free Cash Flow 1 -141.1 -78.16 -86.49 13.48 -164.7 90.41
FCF margin -6.67% -3.52% -3.77% 0.52% -5.73% 3.03%
FCF Conversion (EBITDA) - - - 4.56% - 45.05%
FCF Conversion (Net income) - - - 11.46% - 372.08%
Dividend per Share - - - - - -
Announcement Date 3/27/19 3/20/20 3/26/21 3/24/22 3/30/23 3/29/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 634 866 879 815 896 804
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 4.324 x 3.455 x 2.83 x 2.756 x 4.204 x 4.005 x
Free Cash Flow 1 -141 -78.2 -86.5 13.5 -165 90.4
ROE (net income / shareholders' equity) 2.46% 6.01% 6.35% 6.48% 4.33% 1.27%
ROA (Net income/ Total Assets) 0.55% 2.06% 2.56% 2.26% 0.82% 0.48%
Assets 1 14,586 4,338 4,010 5,206 8,605 5,026
Book Value Per Share 2 2.520 2.750 2.950 3.190 3.330 3.370
Cash Flow per Share 2 0.5400 0.4100 0.4200 0.3600 0.2100 0.5200
Capex 1 336 329 353 316 195 162
Capex / Sales 15.86% 14.8% 15.4% 12.27% 6.78% 5.43%
Announcement Date 3/27/19 3/20/20 3/26/21 3/24/22 3/30/23 3/29/24
1CNY in Million2CNY
Estimates
  1. Stock Market
  2. Equities
  3. 600644 Stock
  4. Financials Leshan Electric Power Co.,Ltd