Financials Tianyang New Materials (Shanghai) Technology Co., Ltd.

Equities

603330

CNE100002YW5

Specialty Chemicals

End-of-day quote Shanghai S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
5.18 CNY +2.17% Intraday chart for Tianyang New Materials (Shanghai) Technology Co., Ltd. +2.17% -31.66%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024
Capitalization 1 1,653 4,637 4,198 4,423 2,241 2,241
Enterprise Value (EV) 1 1,653 4,637 4,198 4,423 2,241 2,241
P/E ratio 94.6 x 89.2 x 37.6 x -78.2 x 32.4 x 8.93 x
Yield - 0.4% 0.79% - 0.97% 3.67%
Capitalization / Revenue 2.51 x 6.63 x 3.93 x 3.1 x 1.5 x 0.68 x
EV / Revenue 2.51 x 6.63 x 3.93 x 3.1 x 1.5 x 0.68 x
EV / EBITDA - - - -289 x 10.8 x 4.9 x
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book - 7.09 x 3.91 x 4.59 x 1.12 x 1.01 x
Nbr of stocks (in thousands) 299,645 299,645 332,826 332,826 432,674 432,674
Reference price 2 5.517 15.47 12.61 13.29 5.180 5.180
Announcement Date 4/27/20 4/26/21 3/14/22 4/28/23 - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024
Net sales 1 659.1 699.1 1,068 1,426 1,496 3,303
EBITDA 1 - - - -15.29 208 457
EBIT 1 - 68.93 114.6 -80.64 86 312
Operating Margin - 9.86% 10.73% -5.65% 5.75% 9.45%
Earnings before Tax (EBT) 1 - 67.88 140.4 -73.26 86 312
Net income 1 - 51.79 110.2 -56.59 68 249
Net margin - 7.41% 10.32% -3.97% 4.55% 7.54%
EPS 2 0.0583 0.1735 0.3357 -0.1700 0.1600 0.5800
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 - 0.0622 0.0993 - 0.0500 0.1900
Announcement Date 4/27/20 4/26/21 3/14/22 4/28/23 - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q1 2022 Q2
Net sales - -
EBITDA - -
EBIT - -
Operating Margin - -
Earnings before Tax (EBT) - -
Net income 1 1.02 31.12
Net margin - -
EPS 0.002860 -
Dividend per Share - -
Announcement Date 4/28/22 8/28/22
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024
Net Debt - - - - - -
Net Cash position - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) - 7.26% 10.3% -5.41% 4.6% 11.8%
ROA (Net income/ Total Assets) - - - -2.78% 2.4% 6.9%
Assets 1 - - - 2,037 2,833 3,609
Book Value Per Share 2 - 2.180 3.230 2.900 4.620 5.150
Cash Flow per Share 2 - 0.1600 -0.1100 -0.7700 1.130 -
Capex 1 - 74.8 79.9 171 264 264
Capex / Sales - 10.71% 7.49% 11.97% 17.65% 7.99%
Announcement Date 4/27/20 4/26/21 3/14/22 4/28/23 - -
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

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
5.18 CNY
Average target price
11 CNY
Spread / Average Target
+112.36%
Consensus

Annual profits - Rate of surprise

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