SNOWSKY SALT INDUSTRY GROUP CO.,LTD |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 6.03 CNY | +0.50% |
|
+0.17% | -6.51% |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 7,553 | 6,020 | 5,103 | 6,952 | 11,811 | 10,702 |
| Enterprise Value (EV) 1 | 7,537 | 6,125 | 5,168 | 6,734 | 11,059 | 9,178 |
| P/E ratio | 50.9 x | 41 x | 35.9 x | 26.3 x | 14.7 x | 14.2 x |
| Yield | 0.57% | 0.26% | 1.44% | 2.68% | 3.12% | 3.1% |
| Capitalization / Revenue | 3.28 x | 2.65 x | 2.36 x | 1.45 x | 1.83 x | 1.71 x |
| EV / Revenue | 3.27 x | 2.7 x | 2.39 x | 1.41 x | 1.72 x | 1.47 x |
| EV / EBITDA | 17 x | 15.7 x | 12.8 x | 7.32 x | 7.62 x | 7.17 x |
| EV / FCF | -72.9 x | 57.7 x | 22.4 x | 118 x | -164 x | 25.5 x |
| FCF Yield | -1.37% | 1.73% | 4.47% | 0.85% | -0.61% | 3.93% |
| Price to Book | 3.16 x | 2.43 x | 1.88 x | 2 x | 1.9 x | 1.4 x |
| Nbr of stocks (in thousands) | 917,751 | 917,751 | 917,751 | 931,897 | 1,474,480 | 1,659,174 |
| Reference price 2 | 8.230 | 6.560 | 5.560 | 7.460 | 8.010 | 6.450 |
| Announcement Date | 4/29/19 | 4/2/20 | 4/23/21 | 4/25/22 | 4/24/23 | 4/8/24 |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 2,303 | 2,272 | 2,164 | 4,780 | 6,441 | 6,262 |
| EBITDA 1 | 444.6 | 389.3 | 403.8 | 920.1 | 1,451 | 1,279 |
| EBIT 1 | 239.3 | 187.6 | 177 | 510.9 | 1,024 | 800.6 |
| Operating Margin | 10.39% | 8.26% | 8.18% | 10.69% | 15.9% | 12.78% |
| Earnings before Tax (EBT) 1 | 217.6 | 192.2 | 180.6 | 470.6 | 968.1 | 873 |
| Net income 1 | 142.4 | 147 | 145.4 | 401.7 | 769.2 | 708.8 |
| Net margin | 6.18% | 6.47% | 6.72% | 8.4% | 11.94% | 11.32% |
| EPS 2 | 0.1617 | 0.1601 | 0.1549 | 0.2839 | 0.5453 | 0.4531 |
| Free Cash Flow 1 | -103.3 | 106.1 | 231.1 | 57.2 | -67.37 | 360.3 |
| FCF margin | -4.49% | 4.67% | 10.68% | 1.2% | -1.05% | 5.75% |
| FCF Conversion (EBITDA) | - | 27.26% | 57.22% | 6.22% | - | 28.16% |
| FCF Conversion (Net income) | - | 72.19% | 158.97% | 14.24% | - | 50.83% |
| Dividend per Share 2 | 0.0470 | 0.0170 | 0.0800 | 0.2000 | 0.2500 | 0.2000 |
| Announcement Date | 4/29/19 | 4/2/20 | 4/23/21 | 4/25/22 | 4/24/23 | 4/8/24 |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | 104 | 65 | - | - | - |
| Net Cash position 1 | 15.8 | - | - | 218 | 751 | 1,524 |
| Leverage (Debt/EBITDA) | - | 0.268 x | 0.1609 x | - | - | - |
| Free Cash Flow 1 | -103 | 106 | 231 | 57.2 | -67.4 | 360 |
| ROE (net income / shareholders' equity) | 7.62% | 6.31% | 5.71% | 8.78% | 14.2% | 9.87% |
| ROA (Net income/ Total Assets) | 4.46% | 3.27% | 2.71% | 3.97% | 7.22% | 4.87% |
| Assets 1 | 3,195 | 4,495 | 5,365 | 10,112 | 10,649 | 14,560 |
| Book Value Per Share 2 | 2.600 | 2.700 | 2.960 | 3.740 | 4.210 | 4.610 |
| Cash Flow per Share 2 | 0.2800 | 0.2000 | 0.5300 | 0.5300 | 0.8500 | 1.420 |
| Capex 1 | 310 | 331 | 360 | 725 | 1,039 | 815 |
| Capex / Sales | 13.47% | 14.59% | 16.64% | 15.18% | 16.13% | 13.02% |
| Announcement Date | 4/29/19 | 4/2/20 | 4/23/21 | 4/25/22 | 4/24/23 | 4/8/24 |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -6.51% | 1.38B | |
| +2.35% | 29.77B | |
| +4.50% | 21.6B | |
| +13.39% | 11.83B | |
| +12.40% | 5.15B | |
| +11.10% | 4.21B | |
| -16.49% | 3.48B | |
| -3.79% | 3.14B | |
| +4.73% | 3.11B | |
| +27.19% | 2.79B |
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- 600929 Stock
- Financials Snowsky Salt Industry Group CO.,LTD
