Financials Sinostar PEC Holdings Limited

Equities

C9Q

SG1V73937608

Oil & Gas Refining and Marketing

Market Closed - Singapore S.E. 02:35:43 2024-04-26 am EDT 5-day change 1st Jan Change
0.14 SGD -0.71% Intraday chart for Sinostar PEC Holdings Limited -3.45% +2.94%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 602.3 622.4 472 889 593 468.3
Enterprise Value (EV) 1 1,457 1,568 1,361 1,296 946 519
P/E ratio 7.28 x 5.48 x 2.98 x 3.74 x 15 x 2.15 x
Yield 2.68% - 3.35% 2.04% - 3.67%
Capitalization / Revenue 0.27 x 0.17 x 0.15 x 0.19 x 0.12 x 0.09 x
EV / Revenue 0.65 x 0.43 x 0.43 x 0.27 x 0.2 x 0.1 x
EV / EBITDA 11.4 x 4.03 x 3.91 x 2.17 x 2.88 x 0.98 x
EV / FCF 20.8 x -16.2 x 139 x 3.47 x 14.9 x 1.52 x
FCF Yield 4.8% -6.18% 0.72% 28.8% 6.7% 65.9%
Price to Book 0.82 x 0.75 x 0.46 x 0.71 x 0.48 x 0.32 x
Nbr of stocks (in thousands) 640,000 640,000 640,000 640,000 640,000 640,000
Reference price 2 0.9412 0.9725 0.7375 1.389 0.9266 0.7317
Announcement Date 4/11/19 4/14/20 4/14/21 4/13/22 4/11/23 4/8/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 2,259 3,660 3,182 4,716 4,848 5,333
EBITDA 1 128.2 389.1 348.2 596.9 328.1 527.5
EBIT 1 105.2 210.6 235.2 449.8 163.1 352.5
Operating Margin 4.65% 5.75% 7.39% 9.54% 3.36% 6.61%
Earnings before Tax (EBT) 1 112 183.9 252.1 414.2 127.7 419.1
Net income 1 82.7 113.7 158.6 237.4 39.44 217.6
Net margin 3.66% 3.11% 4.98% 5.03% 0.81% 4.08%
EPS 2 0.1292 0.1776 0.2477 0.3710 0.0616 0.3400
Free Cash Flow 1 69.98 -96.89 9.772 373.7 63.36 342.1
FCF margin 3.1% -2.65% 0.31% 7.92% 1.31% 6.41%
FCF Conversion (EBITDA) 54.6% - 2.81% 62.61% 19.31% 64.85%
FCF Conversion (Net income) 84.61% - 6.16% 157.39% 160.63% 157.19%
Dividend per Share 2 0.0252 - 0.0247 0.0283 - 0.0269
Announcement Date 4/11/19 4/14/20 4/14/21 4/13/22 4/11/23 4/8/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 855 945 889 407 353 50.7
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 6.671 x 2.429 x 2.553 x 0.6816 x 1.076 x 0.0962 x
Free Cash Flow 1 70 -96.9 9.77 374 63.4 342
ROE (net income / shareholders' equity) 10.8% 14.8% 16.7% 22.4% 5.17% 19.3%
ROA (Net income/ Total Assets) 4.15% 5.77% 6.15% 10% 3.68% 8.64%
Assets 1 1,995 1,970 2,578 2,372 1,071 2,519
Book Value Per Share 2 1.150 1.300 1.600 1.950 1.940 2.290
Cash Flow per Share 2 0.6700 0.1000 0.5500 1.100 0.8100 0.8800
Capex 1 69.2 291 383 35.6 46 13.2
Capex / Sales 3.06% 7.95% 12.04% 0.75% 0.95% 0.25%
Announcement Date 4/11/19 4/14/20 4/14/21 4/13/22 4/11/23 4/8/24
1CNY in Million2CNY
Estimates
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