SHANGHAI TUNNEL ENGINEERING CO., LTD. Financials Shanghai Tunnel Engineering Co., Ltd.
Equities
600820
CNE000000B83
Construction & Engineering
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 6.87 CNY | -0.15% |
|
-0.43% | +19.27% |
| Apr. 25 | Shanghai Tunnel Engineering Unit's Consortium Bags Construction Projects for 7.19 Billion Yuan | MT |
| Apr. 23 | Shanghai Tunnel Engineering's Value of New Q1 Projects Rises 7% | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 18,990 | 17,010 | 16,915 | 16,569 | 18,110 | 21,600 | - | - |
| Enterprise Value (EV) 1 | 18,990 | 17,010 | 16,915 | 16,569 | 18,110 | 21,600 | 21,600 | 21,600 |
| P/E ratio | 8.88 x | 7.51 x | 7.08 x | 5.92 x | 6.19 x | 6.72 x | 6.13 x | 5.64 x |
| Yield | 3.48% | 4.07% | 4.28% | 5.12% | 3.99% | 5.34% | 5.97% | - |
| Capitalization / Revenue | 0.44 x | 0.31 x | 0.27 x | 0.25 x | 0.24 x | 0.26 x | 0.24 x | 0.22 x |
| EV / Revenue | 0.44 x | 0.31 x | 0.27 x | 0.25 x | 0.24 x | 0.26 x | 0.24 x | 0.22 x |
| EV / EBITDA | 5.11 x | 4.77 x | 3.08 x | 3.31 x | 3.33 x | 3.21 x | 3.02 x | 2.74 x |
| EV / FCF | - | - | - | - | - | - | - | - |
| FCF Yield | - | - | - | - | - | - | - | - |
| Price to Book | 0.86 x | 0.73 x | 0.68 x | 0.61 x | 0.63 x | 0.69 x | 0.64 x | 0.58 x |
| Nbr of stocks (in thousands) | 3,144,096 | 3,144,096 | 3,144,096 | 3,144,096 | 3,144,096 | 3,144,096 | - | - |
| Reference price 2 | 6.040 | 5.410 | 5.380 | 5.270 | 5.760 | 6.870 | 6.870 | 6.870 |
| Announcement Date | 4/16/20 | 4/21/21 | 4/25/22 | 4/21/23 | 4/19/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 43,624 | 54,006 | 62,226 | 65,274 | 74,193 | 81,684 | 88,846 | 97,850 |
| EBITDA 1 | 3,717 | 3,570 | 5,486 | 5,012 | 5,434 | 6,730 | 7,155 | 7,895 |
| EBIT 1 | 2,792 | 2,795 | 2,961 | 3,834 | 3,910 | 4,224 | 4,657 | 5,066 |
| Operating Margin | 6.4% | 5.18% | 4.76% | 5.87% | 5.27% | 5.17% | 5.24% | 5.18% |
| Earnings before Tax (EBT) 1 | 2,788 | 2,792 | 2,976 | 3,826 | 3,931 | 4,227 | 4,659 | 5,067 |
| Net income 1 | 2,137 | 2,267 | 2,393 | 2,809 | 2,939 | 3,212 | 3,527 | 3,835 |
| Net margin | 4.9% | 4.2% | 3.85% | 4.3% | 3.96% | 3.93% | 3.97% | 3.92% |
| EPS 2 | 0.6800 | 0.7200 | 0.7600 | 0.8900 | 0.9300 | 1.022 | 1.120 | 1.218 |
| Free Cash Flow | - | - | - | - | - | - | - | - |
| FCF margin | - | - | - | - | - | - | - | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - | - |
| Dividend per Share 2 | 0.2100 | 0.2200 | 0.2300 | 0.2700 | 0.2300 | 0.3667 | 0.4100 | - |
| Announcement Date | 4/16/20 | 4/21/21 | 4/25/22 | 4/21/23 | 4/19/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2022 S1 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 17,963 | 27,153 | 11,442 | - | 27,286 | 13,182 | 11,748 | 28,273 | 27,521 |
| EBITDA | - | - | - | - | - | - | - | - | - | - |
| EBIT | - | - | - | - | - | - | - | - | - | - |
| Operating Margin | - | - | - | - | - | - | - | - | - | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - |
| Net income | 540.5 | - | - | - | 720.4 | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - |
| EPS | 0.1700 | - | - | - | 0.2300 | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 8/17/22 | 10/27/22 | 4/21/23 | 4/27/23 | 10/27/23 | 4/19/24 | - | - | - | - |
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 | - | - | - | - | - | - | - | - |
| ROE (net income / shareholders' equity) | 10.1% | 9.89% | 9.91% | 10.8% | 10.3% | 10.4% | 10.6% | 10.4% |
| ROA (Net income/ Total Assets) | 2.54% | 2.24% | 2% | 2.03% | - | 1.97% | 2.14% | 2.2% |
| Assets 1 | 84,192 | 101,442 | 119,592 | 138,099 | - | 162,858 | 164,801 | 174,316 |
| Book Value Per Share 2 | 6.980 | 7.370 | 7.920 | 8.680 | 9.200 | 9.920 | 10.80 | 11.80 |
| Cash Flow per Share 2 | 1.550 | 1.010 | 1.000 | 1.190 | 1.010 | 2.130 | 2.200 | 0.6100 |
| Capex 1 | 1,245 | 1,103 | 1,827 | 3,136 | 1,938 | 1,374 | 1,445 | 932 |
| Capex / Sales | 2.85% | 2.04% | 2.94% | 4.8% | 2.61% | 1.68% | 1.63% | 0.95% |
| Announcement Date | 4/16/20 | 4/21/21 | 4/25/22 | 4/21/23 | 4/19/24 | - | - | - |
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
Trading Rating
Investor Rating
ESG Refinitiv
C+
Sell
Buy
Mean consensus
BUY
Number of Analysts
8
Last Close Price
6.87
CNY
Average target price
8.285
CNY
Spread / Average Target
+20.60%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +19.27% | 2.98B | |
| -2.29% | 67.67B | |
| +2.13% | 59.37B | |
| +21.25% | 38.3B | |
| +11.23% | 30.73B | |
| +2.06% | 26.35B | |
| +22.89% | 22.01B | |
| +15.06% | 19.47B | |
| +22.99% | 17.6B | |
| +64.33% | 16.64B |
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- Financials Shanghai Tunnel Engineering Co., Ltd.
