Financials Ningxia Western Venture Industrial Co.,Ltd.

Equities

000557

CNE000000FQ1

Ground Freight & Logistics

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
4.56 CNY +1.11% Intraday chart for Ningxia Western Venture Industrial Co.,Ltd. +3.40% -5.59%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 5,002 5,031 5,731 6,140 7,146 7,044
Enterprise Value (EV) 1 4,518 4,264 4,801 5,003 5,464 4,966
P/E ratio 34.3 x 115 x 33.4 x 27.2 x 30 x 29.1 x
Yield - - - - - -
Capitalization / Revenue 6.57 x 6.29 x 6.4 x 4.96 x 4 x 4.23 x
EV / Revenue 5.94 x 5.33 x 5.36 x 4.05 x 3.06 x 2.98 x
EV / EBITDA 15.3 x 14 x 13.3 x 11.8 x 10.8 x 11.1 x
EV / FCF -7.37 x 10.3 x 25.1 x 30.7 x 9.25 x 22.7 x
FCF Yield -13.6% 9.71% 3.98% 3.25% 10.8% 4.4%
Price to Book 1.01 x 1.01 x 1.11 x 1.14 x 1.28 x 1.21 x
Nbr of stocks (in thousands) 1,458,375 1,458,375 1,458,375 1,458,375 1,458,375 1,458,375
Reference price 2 3.430 3.450 3.930 4.210 4.900 4.830
Announcement Date 4/28/19 3/27/20 4/16/21 4/27/22 4/24/23 4/12/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 760.9 799.9 895.9 1,237 1,785 1,665
EBITDA 1 295.3 305.4 361 425.7 505.1 445.6
EBIT 1 164.8 172.9 213.2 281.1 302.7 254.2
Operating Margin 21.65% 21.62% 23.8% 22.73% 16.95% 15.26%
Earnings before Tax (EBT) 1 181.2 79.88 216.6 282 301.2 301.1
Net income 1 147.4 44.79 171.7 225.7 238 242.4
Net margin 19.37% 5.6% 19.16% 18.25% 13.33% 14.56%
EPS 2 0.1000 0.0300 0.1177 0.1547 0.1632 0.1662
Free Cash Flow 1 -612.8 414.2 191.3 162.7 590.6 218.7
FCF margin -80.53% 51.78% 21.35% 13.16% 33.08% 13.13%
FCF Conversion (EBITDA) - 135.65% 52.98% 38.22% 116.93% 49.07%
FCF Conversion (Net income) - 924.76% 111.4% 72.1% 248.16% 90.21%
Dividend per Share - - - - - -
Announcement Date 4/28/19 3/27/20 4/16/21 4/27/22 4/24/23 4/12/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 485 767 930 1,136 1,682 2,078
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -613 414 191 163 591 219
ROE (net income / shareholders' equity) 3.29% 0.9% 3.39% 4.29% 4.33% 4.24%
ROA (Net income/ Total Assets) 1.9% 1.96% 2.48% 3.13% 3.18% 2.56%
Assets 1 7,741 2,291 6,927 7,220 7,487 9,455
Book Value Per Share 2 3.380 3.410 3.530 3.690 3.840 4.010
Cash Flow per Share 2 0.2900 0.5200 0.6400 0.7800 1.150 1.430
Capex 1 31.8 63.9 9.52 20.6 24.9 287
Capex / Sales 4.18% 7.99% 1.06% 1.67% 1.4% 17.24%
Announcement Date 4/28/19 3/27/20 4/16/21 4/27/22 4/24/23 4/12/24
1CNY in Million2CNY
Estimates
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