Financials Shijiazhuang ChangShan BeiMing Technology Co.,Ltd

Equities

000158

CNE0000013X7

IT Services & Consulting

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
7.38 CNY -3.40% Intraday chart for Shijiazhuang ChangShan BeiMing Technology Co.,Ltd +2.07% -14.39%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 13,124 8,628 10,597 9,911 11,062 8,984
Enterprise Value (EV) 1 15,366 10,708 13,535 12,318 13,502 11,938
P/E ratio 37.8 x 47.5 x 114 x 103 x 86.5 x -43.2 x
Yield 0.63% - - - - -
Capitalization / Revenue 1.17 x 0.89 x 1.12 x 1 x 1.02 x 0.93 x
EV / Revenue 1.37 x 1.11 x 1.43 x 1.25 x 1.24 x 1.24 x
EV / EBITDA 112 x 29.4 x 58.3 x 32.9 x 33.3 x 131 x
EV / FCF -30.2 x 116 x -24.8 x -45.7 x 566 x -67 x
FCF Yield -3.31% 0.86% -4.03% -2.19% 0.18% -1.49%
Price to Book 2.18 x 1.41 x 1.84 x 1.65 x 1.8 x 1.51 x
Nbr of stocks (in thousands) 1,652,875 1,652,875 1,553,853 1,598,617 1,598,617 1,598,617
Reference price 2 7.940 5.220 6.820 6.200 6.920 5.620
Announcement Date 4/9/18 4/29/19 4/24/20 4/27/21 4/15/22 4/16/23
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 11,254 9,656 9,447 9,884 10,882 9,663
EBITDA 1 137 363.7 232.3 374 405.8 90.96
EBIT 1 13.74 217.4 50.75 165.7 195.3 -143.3
Operating Margin 0.12% 2.25% 0.54% 1.68% 1.8% -1.48%
Earnings before Tax (EBT) 1 347.5 275.4 123.9 122.5 139.1 -243.3
Net income 1 355.1 186 101.1 101.3 131 -207.8
Net margin 3.16% 1.93% 1.07% 1.02% 1.2% -2.15%
EPS 2 0.2100 0.1100 0.0600 0.0600 0.0800 -0.1300
Free Cash Flow 1 -508 92.02 -545.8 -269.7 23.87 -178.2
FCF margin -4.51% 0.95% -5.78% -2.73% 0.22% -1.84%
FCF Conversion (EBITDA) - 25.3% - - 5.88% -
FCF Conversion (Net income) - 49.48% - - 18.22% -
Dividend per Share 2 0.0500 - - - - -
Announcement Date 4/9/18 4/29/19 4/24/20 4/27/21 4/15/22 4/16/23
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 2,242 2,080 2,938 2,406 2,439 2,953
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 16.36 x 5.72 x 12.65 x 6.434 x 6.011 x 32.47 x
Free Cash Flow 1 -508 92 -546 -270 23.9 -178
ROE (net income / shareholders' equity) 6.04% 3.02% 1.59% 1.79% 2.13% -3.84%
ROA (Net income/ Total Assets) 0.07% 1.01% 0.22% 0.71% 0.78% -0.54%
Assets 1 529,203 18,431 45,114 14,210 16,899 38,448
Book Value Per Share 2 3.630 3.690 3.700 3.760 3.850 3.720
Cash Flow per Share 2 0.9200 1.220 1.130 1.460 1.480 1.500
Capex 1 246 438 346 306 292 283
Capex / Sales 2.18% 4.54% 3.66% 3.1% 2.68% 2.93%
Announcement Date 4/9/18 4/29/19 4/24/20 4/27/21 4/15/22 4/16/23
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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