Financials Shenzhen Bauing Construction Holding Group Co., Ltd.

Equities

002047

CNE000001LZ8

Construction & Engineering

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
1.78 CNY 0.00% Intraday chart for Shenzhen Bauing Construction Holding Group Co., Ltd. -2.73% -38.41%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 9,188 7,659 4,739 5,243 5,914 4,372
Enterprise Value (EV) 1 11,111 9,118 5,744 5,602 7,121 5,526
P/E ratio 32.6 x 36.1 x 44.6 x -3.19 x -2.67 x -4.52 x
Yield 0.36% - 0.28% - - -
Capitalization / Revenue 1.34 x 1.15 x 0.8 x 1.12 x 1.59 x 1.06 x
EV / Revenue 1.62 x 1.37 x 0.96 x 1.2 x 1.91 x 1.34 x
EV / EBITDA 15.3 x 16.9 x 13.4 x -3.28 x -3.81 x 1,026 x
EV / FCF -10.5 x 17.3 x 8.52 x 4.38 x 17.1 x 4.92 x
FCF Yield -9.56% 5.77% 11.7% 22.8% 5.83% 20.3%
Price to Book 2.31 x 1.87 x 1.13 x 2.08 x 4.7 x 50 x
Nbr of stocks (in thousands) 1,341,297 1,327,401 1,327,401 1,327,401 1,508,653 1,512,976
Reference price 2 6.850 5.770 3.570 3.950 3.920 2.890
Announcement Date 4/26/19 4/29/20 4/27/21 4/29/22 4/24/23 4/26/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 6,856 6,677 5,955 4,669 3,727 4,111
EBITDA 1 727.3 538.4 427.2 -1,710 -1,871 5.385
EBIT 1 720 530.8 414.6 -1,725 -1,884 -10.03
Operating Margin 10.5% 7.95% 6.96% -36.94% -50.56% -0.24%
Earnings before Tax (EBT) 1 347.5 224.2 140.6 -1,935 -2,507 -1,068
Net income 1 285.1 208.9 111 -1,652 -2,188 -970.5
Net margin 4.16% 3.13% 1.86% -35.39% -58.7% -23.61%
EPS 2 0.2100 0.1600 0.0800 -1.240 -1.470 -0.6400
Free Cash Flow 1 -1,063 526.4 673.8 1,279 415.3 1,124
FCF margin -15.5% 7.88% 11.32% 27.39% 11.14% 27.34%
FCF Conversion (EBITDA) - 97.78% 157.72% - - 20,871.97%
FCF Conversion (Net income) - 251.98% 607.24% - - -
Dividend per Share 2 0.0250 - 0.0100 - - -
Announcement Date 4/26/19 4/29/20 4/27/21 4/29/22 4/24/23 4/26/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 1,923 1,459 1,005 359 1,207 1,153
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 2.644 x 2.711 x 2.352 x -0.2099 x -0.6452 x 214.2 x
Free Cash Flow 1 -1,063 526 674 1,279 415 1,124
ROE (net income / shareholders' equity) 6.93% 4.9% 2.45% -48.9% -120% -164%
ROA (Net income/ Total Assets) 5.1% 3.41% 2.33% -9.51% -11.9% -0.07%
Assets 1 5,585 6,127 4,762 17,378 18,371 1,439,958
Book Value Per Share 2 2.970 3.080 3.150 1.900 0.8300 0.0600
Cash Flow per Share 2 0.8800 0.8700 1.120 1.090 0.7300 0.5300
Capex 1 7.83 2.78 133 213 73.5 94.1
Capex / Sales 0.11% 0.04% 2.23% 4.56% 1.97% 2.29%
Announcement Date 4/26/19 4/29/20 4/27/21 4/29/22 4/24/23 4/26/24
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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