Financials Shanxi Yongdong Chemistry Industry Co., Ltd.

Equities

002753

CNE100001X84

Commodity Chemicals

End-of-day quote Shenzhen S.E. 06:00:00 2024-05-21 pm EDT 5-day change 1st Jan Change
6.76 CNY +0.15% Intraday chart for Shanxi Yongdong Chemistry Industry Co., Ltd. -0.44% -18.06%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 3,007 2,940 3,187 3,698 3,139 3,099
Enterprise Value (EV) 1 3,132 2,902 3,145 3,866 3,745 3,618
P/E ratio 11.6 x 31.9 x 21.6 x 12.5 x 79.7 x 31.4 x
Yield 2.77% 0.51% 1% 2.15% 0.19% 1.66%
Capitalization / Revenue 1.16 x 1.03 x 1.33 x 0.98 x 0.7 x 0.68 x
EV / Revenue 1.21 x 1.02 x 1.32 x 1.03 x 0.83 x 0.79 x
EV / EBITDA 8.73 x 18.7 x 13.1 x 9.35 x 29.8 x 16.3 x
EV / FCF -29.9 x -27.6 x -578 x -22.4 x -11.7 x 32.2 x
FCF Yield -3.34% -3.62% -0.17% -4.46% -8.55% 3.11%
Price to Book 2.04 x 1.64 x 1.65 x 1.67 x 1.42 x 1.34 x
Nbr of stocks (in thousands) 333,329 375,436 375,438 375,440 375,444 375,686
Reference price 2 9.020 7.830 8.490 9.850 8.360 8.250
Announcement Date 4/25/19 4/28/20 4/29/21 4/28/22 4/28/23 4/28/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 2,587 2,856 2,391 3,759 4,504 4,563
EBITDA 1 358.8 155.5 239.1 413.3 125.5 221.4
EBIT 1 322.5 104.4 185.9 359 68.18 141.4
Operating Margin 12.47% 3.66% 7.77% 9.55% 1.51% 3.1%
Earnings before Tax (EBT) 1 315.2 94.56 176.2 350.7 39.32 111.7
Net income 1 277.9 91.04 158.2 317.2 39.38 101.4
Net margin 10.74% 3.19% 6.62% 8.44% 0.87% 2.22%
EPS 2 0.7760 0.2457 0.3934 0.7883 0.1049 0.2630
Free Cash Flow 1 -104.6 -105.1 -5.439 -172.5 -320.3 112.4
FCF margin -4.04% -3.68% -0.23% -4.59% -7.11% 2.46%
FCF Conversion (EBITDA) - - - - - 50.78%
FCF Conversion (Net income) - - - - - 110.92%
Dividend per Share 2 0.2500 0.0400 0.0850 0.2120 0.0160 0.1370
Announcement Date 4/25/19 4/28/20 4/29/21 4/28/22 4/28/23 4/28/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 126 - - 168 606 519
Net Cash position 1 - 37.2 42.8 - - -
Leverage (Debt/EBITDA) 0.3503 x - - 0.4055 x 4.832 x 2.342 x
Free Cash Flow 1 -105 -105 -5.44 -172 -320 112
ROE (net income / shareholders' equity) 20.6% 5.57% 8.49% 15.3% 1.78% 4.5%
ROA (Net income/ Total Assets) 10.8% 2.98% 4.71% 8.33% 1.37% 2.68%
Assets 1 2,582 3,056 3,356 3,807 2,865 3,789
Book Value Per Share 2 4.420 4.780 5.150 5.910 5.870 6.140
Cash Flow per Share 2 0.4900 0.4800 0.3900 0.4400 0.2800 0.4900
Capex 1 207 68.6 80.7 203 79.1 69.1
Capex / Sales 7.99% 2.4% 3.37% 5.4% 1.76% 1.51%
Announcement Date 4/25/19 4/28/20 4/29/21 4/28/22 4/28/23 4/28/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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