Financials Silvercorp Metals Inc.

Equities

SVM

CA82835P1036

Non-Gold Precious Metals & Minerals

Market Closed - Toronto S.E. Other stock markets 04:00:00 2025-01-20 pm EST			5-day change	1st Jan Change
4.490 ^CAD	+1.13%		+6.40%	+3.94%

Jan. 15	Silvercorp Metals Q3 Revenue Climbs 43% on Higher Production and Prices	MT
Jan. 15	Silvercorp Metals Brief: Reporting Operational Results	MT

Projected Income Statement: Silvercorp Metals Inc.

income-statement-evolution-chart SILVERCORP-METALS-INC

Fiscal Period: March	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	158.8	192.1	217.9	208.1	215.2	282.3	337.2	445.3
Change	-	20.95%	13.44%	-4.49%	3.39%	31.19%	19.43%	32.08%
EBITDA ¹	72.88	102.7	91.13	81.56	91.21	143.5	186.4	227.1
Change	-	40.89%	-11.25%	-10.5%	11.82%	57.33%	29.86%	21.87%
EBIT ¹	52.16	71.72	62.56	33.75	63.92	121.6	146.1	-
Change	-	37.5%	-12.77%	-46.06%	89.41%	90.23%	20.15%	-100%
Interest Paid ¹	-2.073	-1.988	-5.493	1.396	-	-0.3	-0.4	-0.4
Earnings before Tax (EBT) ¹	54.11	73.5	57.07	35.14	69.96	125.4	144	-
Change	-	35.83%	-22.35%	-38.42%	99.06%	79.26%	14.83%	-100%
Net income ¹	34.27	46.38	30.63	20.61	49.68	85.7	93.3	113.4
Change	-	35.31%	-33.94%	-32.73%	141.06%	72.51%	8.87%	21.54%
Announcement Date	5/21/20	5/20/21	5/26/22	5/25/23	5/23/24	-	-	-

¹USD in Million

Estimates

Fiscal Period: March	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4
Net sales ¹	44.51	18.86	46.7	56.37	53.3	35.73	58.82	58.44	59.08	41.59	63.59	51.74	58.65	34.15	60.01	53.99	58.51	42.68	72.16	68	83.8	58.3	91.1	89.8	88.6	55.8
Change	-	-57.63%	147.65%	20.7%	-5.46%	-32.96%	64.61%	-0.65%	1.1%	-29.6%	52.9%	-18.64%	13.36%	-41.78%	75.73%	-10.02%	8.36%	-27.05%	69.08%	-5.77%	23.23%	-30.43%	56.26%	-1.43%	-1.34%	-37.02%
EBITDA	17.71	7.688	19.56	27.6	23.63	9.122	26.72	27.88	24.92	11.62	27.4	20.15	24.86	9.621	25.66	23.89	25.06	17	-	34.94	-	-	-	-	-	-
Change	-	-56.59%	154.41%	41.1%	-14.39%	-61.39%	192.92%	4.32%	-10.61%	-53.37%	135.77%	-26.45%	23.39%	-61.31%	166.74%	-6.92%	4.93%	-32.16%	-100%	-	-100%	-	-	-	-	-
EBIT ¹	11.44	4.542	13.82	24.78	18.63	5.243	19.78	16.86	19.2	5.953	19.37	-7.414	17.26	4.525	18	16.96	17.68	11.28	33.86	27.62	36.7	23.4	43.4	42.1	40.9	19.7
Change	-	-60.31%	204.25%	79.3%	-24.81%	-71.86%	277.34%	-14.8%	13.89%	-68.99%	225.4%	-	-	-73.79%	297.79%	-5.78%	4.26%	-36.22%	200.24%	-18.44%	32.89%	-36.24%	85.47%	-3%	-2.85%	-51.83%
Charge d'intérêts	-	-	-	-	-	-	-	-	-8.171	0.932	-	-	-	-0.358	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	12.43	4.068	23.87	25.43	18.34	5.86	21.05	18.11	11.02	6.885	20.17	-6.391	17.2	4.167	19.43	18.65	19.19	12.68	35.48	29.47	37.7	22.8	42.9	41.6	40.3	19.2
Change	-	-67.28%	486.87%	6.53%	-27.91%	-68.04%	259.2%	-13.95%	-39.13%	-37.55%	192.97%	-	-	-75.77%	366.38%	-4.04%	2.92%	-33.93%	179.78%	-16.93%	27.93%	-39.52%	88.16%	-3.03%	-3.13%	-52.36%
Net income ¹	6.283	3.163	15.49	15.47	8.392	7.021	12.21	9.393	5.063	3.966	14.08	-1.712	11.92	0.235	13.21	11.05	10.51	7.625	28.13	17.71	28.2	17.1	32.2	31.2	30.3	14.4
Change	-	-49.66%	389.76%	-0.12%	-45.76%	-16.34%	73.94%	-23.08%	-46.1%	-21.67%	255.12%	-	-	-98.03%	5,522.55%	-16.37%	-4.89%	-27.45%	268.9%	-37.05%	59.26%	-39.36%	88.3%	-3.11%	-2.88%	-52.48%
Announcement Date	2/6/20	5/21/20	8/6/20	11/5/20	2/4/21	5/20/21	8/5/21	11/4/21	2/8/22	5/26/22	8/11/22	11/3/22	2/9/23	5/25/23	8/10/23	11/9/23	2/8/24	5/23/24	8/13/24	11/7/24	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Silvercorp Metals Inc.

balance-sheet-analysis-chart SILVERCORP-METALS-INC

Fiscal Period: March	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt	-	-197	-212	-203	-184	-	-	-
Change	-	-	-207.61%	-195.75%	-190.64%	-	-	-
Announcement Date	5/21/20	5/20/21	5/26/22	5/25/23	5/23/24	-	-	-

Estimates

Cash Flow Forecast: Silvercorp Metals Inc.

Fiscal Period: March	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	35.3	44.63	53.99	57.82	63.47	144.1	227.6	71.7
Change	-	26.42%	20.97%	7.1%	9.76%	127.04%	57.95%	-68.5%
Free Cash Flow (FCF) ¹	41.94	41.28	53.39	27.82	28.1	3.5	176	-
Change	-	-1.58%	29.33%	-47.89%	1.01%	-87.55%	4,928.57%	-100%
Announcement Date	5/21/20	5/20/21	5/26/22	5/25/23	5/23/24	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Silvercorp Metals Inc.

Fiscal Period: March	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	45.88%	53.45%	41.82%	39.19%	42.38%	50.83%	55.27%	51%
EBIT Margin (%)	32.84%	37.34%	28.71%	16.21%	29.7%	43.07%	43.33%	-
EBT Margin (%)	34.07%	38.26%	26.19%	16.89%	32.51%	44.42%	42.71%	-
Net margin (%)	21.58%	24.14%	14.06%	9.9%	23.09%	30.36%	27.67%	25.47%
FCF margin (%)	26.41%	21.49%	24.5%	13.37%	13.06%	1.24%	52.2%	-
FCF / Net Income (%)	122.37%	89.01%	174.27%	135%	56.57%	4.08%	188.64%	-
Profitability
ROA	6.77%	-	4.45%	2.94%	-	-	-	-
ROE	9.57%	11.09%	6.25%	3.43%	-	8.6%	8.3%	10.6%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	22.23%	23.23%	24.78%	27.78%	29.49%	51.04%	67.51%	16.1%
CAPEX / EBITDA (%)	48.44%	43.47%	59.24%	70.89%	69.59%	100.42%	122.14%	31.57%
CAPEX / FCF (%)	84.17%	108.13%	101.13%	207.85%	225.85%	4,117.14%	129.32%	-
Items per share
Cash flow per share ¹	0.4437	0.4852	0.6022	0.4785	0.5112	0.61	0.7567	0.84
Change	-	9.34%	24.12%	-20.54%	6.84%	19.33%	24.04%	11.01%
Dividend per Share ¹	0.0246	0.0247	0.025	0.025	-	0.03	0.03	0.03
Change	-	0.41%	1.21%	0%	-	-	0%	0%
Book Value Per Share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
EPS ¹	0.2	0.26	0.17	0.12	0.2	0.36	0.39	-
Change	-	30%	-34.62%	-29.41%	66.67%	80%	8.33%	-
Nbr of stocks (in thousands)	173,402	175,723	177,106	176,771	177,382	217,562	217,562	217,562
Announcement Date	5/21/20	5/20/21	5/26/22	5/25/23	5/23/24	-	-	-