Financials Lier Chemical Co.,LTD.

Equities

002258

CNE100000C98

Agricultural Chemicals

End-of-day quote Shenzhen S.E. Other stock markets 06:00:00 2024-04-25 pm EDT			5-day change	1st Jan Change
9.22 ^CNY	0.00%		0.00%	-22.97%

Jan. 31	Lier Chemical Co.,LTD. Reports Earnings Results for the Full Year Ended December 31, 2023	CI
2023	Lier Chemical Co.,LTD. Reports Earnings Results for the Nine Months Ended September 30, 2023	CI

Valuation

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	7,409	10,960	17,768	14,376	9,581	7,380	-	-
Enterprise Value (EV) ¹	7,409	10,960	17,768	14,376	9,581	7,380	7,380	7,380
P/E ratio	23.8 x	18.5 x	17.3 x	7.77 x	15.9 x	10.7 x	8.44 x	8.7 x
Yield	-	0.96%	1.48%	2.78%	-	-	1.55%	1.08%
Capitalization / Revenue	1.78 x	2.21 x	2.74 x	1.42 x	1.22 x	0.92 x	0.77 x	0.71 x
EV / Revenue	1.78 x	2.21 x	2.74 x	1.42 x	1.22 x	0.92 x	0.77 x	0.71 x
EV / EBITDA	9.5 x	9.42 x	9.52 x	4.8 x	6.35 x	4.19 x	3.65 x	3.46 x
EV / FCF	-	-	-	36,208,892 x	-	-	-	-
FCF Yield	-	-	-	0%	-	-	-	-
Price to Book	2.21 x	2.91 x	3.57 x	1.98 x	1.28 x	0.85 x	0.79 x	0.71 x
Nbr of stocks (in thousands)	734,127	734,131	737,474	800,437	800,437	800,437	-	-
Reference price ²	10.09	14.93	24.09	17.96	11.97	9.220	9.220	9.220
Announcement Date	1/16/20	1/20/21	1/17/22	1/10/23	2/1/24	-	-	-

¹CNY in Million²CNY

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	4,164	4,969	6,494	10,124	7,851	8,050	9,596	10,385
EBITDA ¹	780.3	1,164	1,866	2,992	1,510	1,762	2,022	2,130
EBIT ¹	432	773	1,368	2,428	881.3	949.3	1,226	1,122
Operating Margin	10.37%	15.56%	21.07%	23.98%	11.23%	11.79%	12.78%	10.81%
Earnings before Tax (EBT) ¹	440	773.2	1,328	2,367	877.2	943.7	1,207	1,116
Net income ¹	311.2	612.2	1,072	1,812	603.9	692.3	877.5	850.5
Net margin	7.47%	12.32%	16.51%	17.9%	7.69%	8.6%	9.14%	8.19%
EPS ²	0.4239	0.8049	1.391	2.310	0.7544	0.8633	1.092	1.060
Free Cash Flow	-	-	-	397	-	-	-	-
FCF margin	-	-	-	3.92%	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	13.27%	-	-	-	-
FCF Conversion (Net income)	-	-	-	21.91%	-	-	-	-
Dividend per Share ²	-	0.1429	0.3571	0.5000	-	-	0.1425	0.1000
Announcement Date	1/16/20	1/20/21	1/17/22	1/10/23	2/1/24	-	-	-

¹CNY in Million²CNY

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2022 S1	2022 Q3	2022 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1
Net sales ¹	-	2,664	2,382	1,391	2,195	1,665	1,997	3,061
EBITDA	-	-	-	-	-	-	-	-
EBIT	-	-	-	-	-	-	-	-
Operating Margin	-	-	-	-	-	-	-	-
Earnings before Tax (EBT)	-	-	-	-	-	-	-	-
Net income	1,047	-	-	-	-	-	-	-
Net margin	-	-	-	-	-	-	-	-
EPS	1.418	-	-	-	-	-	-	-
Dividend per Share	-	-	-	-	-	-	-	-
Announcement Date	7/6/22	10/26/22	1/10/23	4/28/24	-	-	-	-

¹CNY in Million

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	-	-	-	397	-	-	-	-
ROE (net income / shareholders' equity)	9.64%	16.7%	24%	31.3%	8.3%	8.07%	9.31%	8.37%
ROA (Net income/ Total Assets)	4.4%	7.66%	11.4%	15.7%	-	4.4%	4.58%	4.87%
Assets ¹	7,080	7,989	9,390	11,546	-	15,733	19,180	17,476
Book Value Per Share ²	4.570	5.140	6.750	9.080	9.360	10.80	11.70	12.90
Cash Flow per Share ²	0.8000	1.220	1.710	3.240	1.170	1.790	2.210	1.930
Capex ¹	733	454	800	2,200	1,904	1,401	1,422	1,076
Capex / Sales	17.6%	9.13%	12.32%	21.73%	24.26%	17.4%	14.82%	10.36%
Announcement Date	1/16/20	1/20/21	1/17/22	1/10/23	2/1/24	-	-	-

¹CNY in Million²CNY

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Lier Chemical Co.,LTD.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

9.22 CNY

Average target price

11.5 CNY

Spread / Average Target

+24.73%

Consensus

EPS Revisions

Estimates Revisions

Quarterly revenue - Rate of surprise

Company calendar

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