SUNRESIN NEW MATERIALS CO.,LTD |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 44.06 CNY | -1.87% |
|
-9.14% | -16.96% |
| Apr. 22 | Sunresin New Materials' Q1 Profit Rises 26%; Shares Plunge 9% | MT |
| Apr. 22 | Sunresin New Materials' 2023 Profit Jumps 33%; Shares Fall 7% | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 7,543 | 9,548 | 21,616 | 23,155 | 26,796 | 22,231 | - | - |
| Enterprise Value (EV) 1 | 7,543 | 9,548 | 21,616 | 21,838 | 24,977 | 19,769 | 19,392 | 18,127 |
| P/E ratio | 29.2 x | 45.9 x | 69.3 x | 43.5 x | 37.6 x | 24.8 x | 17.9 x | 16.1 x |
| Yield | - | - | 0.44% | 0.92% | 1.07% | 1.45% | 1.78% | 2.02% |
| Capitalization / Revenue | 7.45 x | - | 18.1 x | 12.1 x | 10.8 x | 7.38 x | 5.45 x | 5.26 x |
| EV / Revenue | 7.45 x | - | 18.1 x | 11.4 x | 10 x | 6.56 x | 4.75 x | 4.29 x |
| EV / EBITDA | - | - | - | 30.5 x | 25.7 x | 17.3 x | 13.2 x | 11.1 x |
| EV / FCF | - | - | - | - | 49 x | 16.9 x | 19.8 x | - |
| FCF Yield | - | - | - | - | 2.04% | 5.92% | 5.05% | - |
| Price to Book | - | - | 10.5 x | 8.57 x | 8.22 x | 5.49 x | 4.29 x | 3.54 x |
| Nbr of stocks (in thousands) | 464,971 | 482,780 | 494,516 | 499,110 | 505,011 | 504,569 | - | - |
| Reference price 2 | 16.22 | 19.78 | 43.71 | 46.39 | 53.06 | 44.06 | 44.06 | 44.06 |
| Announcement Date | 2/28/20 | 4/27/21 | 3/9/22 | 3/12/23 | 4/21/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,012 | - | 1,195 | 1,920 | 2,489 | 3,013 | 4,079 | 4,229 |
| EBITDA 1 | - | - | - | 716.7 | 971.4 | 1,144 | 1,468 | 1,626 |
| EBIT 1 | - | - | 347 | 612.1 | 818.3 | 1,057 | 1,479 | 1,667 |
| Operating Margin | - | - | 29.04% | 31.88% | 32.88% | 35.07% | 36.25% | 39.43% |
| Earnings before Tax (EBT) 1 | - | - | 347 | 611.7 | 817.4 | 1,022 | 1,419 | 1,598 |
| Net income 1 | - | - | 310.9 | 537.5 | 717 | 897 | 1,239 | 1,379 |
| Net margin | - | - | 26.02% | 27.99% | 28.81% | 29.77% | 30.38% | 32.61% |
| EPS 2 | 0.5556 | 0.4311 | 0.6311 | 1.067 | 1.410 | 1.778 | 2.458 | 2.730 |
| Free Cash Flow 1 | - | - | - | - | 509.5 | 1,170 | 980 | - |
| FCF margin | - | - | - | - | 20.47% | 38.83% | 24.02% | - |
| FCF Conversion (EBITDA) | - | - | - | - | 52.45% | 102.29% | 66.78% | - |
| FCF Conversion (Net income) | - | - | - | - | 71.06% | 130.44% | 79.08% | - |
| Dividend per Share 2 | - | - | 0.1911 | 0.4280 | 0.5680 | 0.6410 | 0.7836 | 0.8900 |
| Announcement Date | 2/28/20 | 4/27/21 | 3/9/22 | 3/12/23 | 4/21/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 421 | 424.5 | 742.7 | - | 506.6 | 569.2 | 912.2 | - | 719.2 | 719.2 | 807.4 |
| EBITDA | 167.4 | - | - | - | - | - | - | - | - | - | - |
| EBIT | 116.8 | 135.9 | 269 | - | 169.5 | 204.5 | 250 | - | - | - | - |
| Operating Margin | 27.74% | 32.02% | 36.22% | - | 33.45% | 35.93% | 27.41% | - | - | - | - |
| Earnings before Tax (EBT) | - | - | 268.6 | - | 215.7 | 195.3 | 249.1 | - | - | - | - |
| Net income | - | - | 223.9 | - | 212.1 | 172.2 | 198.8 | - | - | - | - |
| Net margin | - | - | 30.14% | - | 41.87% | 30.25% | 21.8% | - | - | - | - |
| EPS 2 | 0.2373 | 0.2333 | 0.4400 | - | 0.2800 | 0.3400 | 0.3800 | 0.3300 | 0.3900 | 0.4200 | 0.4550 |
| Dividend per Share | - | - | 0.4280 | - | - | - | - | - | - | - | - |
| Announcement Date | 7/29/22 | 10/24/22 | 3/12/23 | 5/28/23 | 8/28/23 | 10/24/23 | 4/21/24 | 4/22/24 | - | - | - |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - |
| Net Cash position 1 | - | - | 1,317 | 1,819 | 2,462 | 2,839 | 4,104 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - |
| Free Cash Flow 1 | - | - | - | 509 | 1,170 | 980 | - |
| ROE (net income / shareholders' equity) | - | 16.5% | 22.6% | 23.1% | 24.1% | 25.4% | 23.9% |
| ROA (Net income/ Total Assets) | - | 11% | 14% | - | 15.8% | 16.7% | - |
| Assets 1 | - | 2,829 | 3,834 | - | 5,677 | 7,409 | - |
| Book Value Per Share 2 | - | 4.170 | 5.420 | 6.460 | 8.030 | 10.30 | 12.50 |
| Cash Flow per Share 2 | - | 0.7100 | 1.440 | 1.330 | 1.920 | 2.270 | 2.740 |
| Capex 1 | - | 140 | 80.7 | 160 | 237 | 230 | 154 |
| Capex / Sales | - | 11.68% | 4.2% | 6.42% | 7.87% | 5.64% | 3.65% |
| Announcement Date | 2/28/20 | 3/9/22 | 3/12/23 | 4/21/24 | - | - | - |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
BUY
Number of Analysts
12
Last Close Price
44.06
CNY
Average target price
65.31
CNY
Spread / Average Target
+48.24%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -16.96% | 3.07B | |
| +11.47% | 63.22B | |
| -3.47% | 46.34B | |
| +13.72% | 39.97B | |
| +17.83% | 25.46B | |
| +7.27% | 18.68B | |
| -0.57% | 17.24B | |
| -21.73% | 15.81B | |
| +0.22% | 14.9B | |
| -19.10% | 13.74B |
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- Financials Sunresin New Materials Co.,Ltd
