SHANDONG IRON AND STEEL COMPANY LTD. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 1.32 CNY | 0.00% |
|
-1.49% | -3.65% |
| Apr. 02 | Tranche Update on Shandong Iron and Steel Company Ltd.'s Equity Buyback Plan announced on February 6, 2024. | CI |
| Apr. 01 | Shandong Iron and Steel's CFO Resigns | MT |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 17,186 | 15,654 | 15,299 | 19,151 | 15,834 | 14,657 |
| Enterprise Value (EV) 1 | 24,732 | 25,454 | 22,801 | 23,049 | 21,102 | 20,960 |
| P/E ratio | 8.16 x | 27 x | 21.3 x | 15.6 x | 28.5 x | -36.7 x |
| Yield | - | - | 2.8% | 3.35% | 2.03% | - |
| Capitalization / Revenue | 0.31 x | 0.22 x | 0.18 x | 0.17 x | 0.15 x | 0.16 x |
| EV / Revenue | 0.44 x | 0.36 x | 0.26 x | 0.21 x | 0.21 x | 0.23 x |
| EV / EBITDA | 4.8 x | 6.31 x | 4.4 x | 3.46 x | 5.56 x | 9.34 x |
| EV / FCF | -4.28 x | -27.1 x | 6.35 x | 4.45 x | 18.4 x | 19.4 x |
| FCF Yield | -23.4% | -3.7% | 15.7% | 22.5% | 5.43% | 5.17% |
| Price to Book | 0.85 x | 0.75 x | 0.72 x | 0.87 x | 0.73 x | 0.69 x |
| Nbr of stocks (in thousands) | 10,946,550 | 10,946,550 | 10,698,850 | 10,698,850 | 10,698,850 | 10,698,850 |
| Reference price 2 | 1.570 | 1.430 | 1.430 | 1.790 | 1.480 | 1.370 |
| Announcement Date | 3/28/19 | 3/19/20 | 3/30/21 | 3/22/22 | 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 | 55,908 | 71,092 | 87,317 | 110,851 | 102,289 | 90,475 |
| EBITDA 1 | 5,148 | 4,037 | 5,181 | 6,662 | 3,792 | 2,245 |
| EBIT 1 | 3,921 | 1,782 | 2,538 | 4,107 | 1,453 | -79.04 |
| Operating Margin | 7.01% | 2.51% | 2.91% | 3.7% | 1.42% | -0.09% |
| Earnings before Tax (EBT) 1 | 2,456 | 1,004 | 1,971 | 4,034 | 1,506 | -98.22 |
| Net income 1 | 2,107 | 579.1 | 722.7 | 1,228 | 555.2 | -399.6 |
| Net margin | 3.77% | 0.81% | 0.83% | 1.11% | 0.54% | -0.44% |
| EPS 2 | 0.1924 | 0.0529 | 0.0670 | 0.1148 | 0.0519 | -0.0373 |
| Free Cash Flow 1 | -5,784 | -940.7 | 3,588 | 5,178 | 1,147 | 1,083 |
| FCF margin | -10.35% | -1.32% | 4.11% | 4.67% | 1.12% | 1.2% |
| FCF Conversion (EBITDA) | - | - | 69.25% | 77.72% | 30.23% | 48.23% |
| FCF Conversion (Net income) | - | - | 496.49% | 421.57% | 206.52% | - |
| Dividend per Share | - | - | 0.0400 | 0.0600 | 0.0300 | - |
| Announcement Date | 3/28/19 | 3/19/20 | 3/30/21 | 3/22/22 | 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 | 7,546 | 9,801 | 7,501 | 3,898 | 5,268 | 6,302 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 1.466 x | 2.428 x | 1.448 x | 0.585 x | 1.389 x | 2.807 x |
| Free Cash Flow 1 | -5,784 | -941 | 3,588 | 5,178 | 1,147 | 1,083 |
| ROE (net income / shareholders' equity) | 8.51% | 3.05% | 5.18% | 9.34% | 4.4% | -0.23% |
| ROA (Net income/ Total Assets) | 3.8% | 1.58% | 2.3% | 3.64% | 1.28% | -0.07% |
| Assets 1 | 55,404 | 36,761 | 31,443 | 33,740 | 43,280 | 549,656 |
| Book Value Per Share 2 | 1.840 | 1.900 | 1.980 | 2.050 | 2.040 | 1.980 |
| Cash Flow per Share 2 | 0.9100 | 0.5300 | 0.6400 | 0.9200 | 0.7400 | 0.5700 |
| Capex 1 | 8,536 | 5,327 | 2,155 | 2,433 | 1,939 | 697 |
| Capex / Sales | 15.27% | 7.49% | 2.47% | 2.2% | 1.9% | 0.77% |
| Announcement Date | 3/28/19 | 3/19/20 | 3/30/21 | 3/22/22 | 3/30/23 | 3/29/24 |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -3.65% | 1.95B | |
| +0.70% | 25.86B | |
| +19.56% | 21.23B | |
| -9.07% | 11.73B | |
| +24.56% | 11.2B | |
| +11.54% | 10.91B | |
| +10.96% | 10.15B | |
| +2.61% | 8.56B | |
| +5.78% | 7.32B | |
| +22.56% | 6.92B |
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- Financials Shandong Iron and Steel Company Ltd.
