Financials United Strength Power Holdings Limited

Equities

2337

KYG9354A1031

Oil & Gas Refining and Marketing

Market Closed - Hong Kong S.E. 04:08:20 2024-04-26 am EDT 5-day change 1st Jan Change
4.26 HKD -0.93% Intraday chart for United Strength Power Holdings Limited -0.70% -11.80%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 976.6 904 1,316 2,843 4,364 2,702
Enterprise Value (EV) 1 846.1 801 1,369 3,309 4,946 3,214
P/E ratio 105 x 21 x 36.9 x 21.5 x 24.7 x 163 x
Yield 1% 1.94% 1.36% 0.59% 0.19% -
Capitalization / Revenue 4.53 x 2.6 x 3.26 x 0.82 x 0.75 x 0.44 x
EV / Revenue 3.93 x 2.3 x 3.39 x 0.95 x 0.85 x 0.53 x
EV / EBITDA 16.3 x 10.3 x 18.8 x 13.5 x 15.5 x 27.9 x
EV / FCF 12.4 x -37.1 x -72.4 x -72.1 x -219 x 61.9 x
FCF Yield 8.05% -2.7% -1.38% -1.39% -0.46% 1.62%
Price to Book 4.68 x 3.63 x 4.9 x 11.2 x 10.6 x 6.3 x
Nbr of stocks (in thousands) 234,502 234,502 234,502 374,502 374,502 374,502
Reference price 2 4.165 3.855 5.612 7.592 11.65 7.216
Announcement Date 4/27/18 4/16/19 4/17/20 4/28/21 4/25/22 4/25/23
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 215.4 348.2 403.2 3,481 5,830 6,089
EBITDA 1 52.01 77.79 72.9 244.5 319.1 115.3
EBIT 1 41.88 62.18 58.13 207.8 291.6 86.39
Operating Margin 19.44% 17.86% 14.42% 5.97% 5% 1.42%
Earnings before Tax (EBT) 1 20.53 58.49 53.26 170.8 252.1 36.87
Net income 1 7.435 42.97 35.64 123.3 176.6 16.53
Net margin 3.45% 12.34% 8.84% 3.54% 3.03% 0.27%
EPS 2 0.0395 0.1832 0.1520 0.3535 0.4716 0.0441
Free Cash Flow 1 68.1 -21.61 -18.9 -45.87 -22.59 51.97
FCF margin 31.61% -6.21% -4.69% -1.32% -0.39% 0.85%
FCF Conversion (EBITDA) 130.93% - - - - 45.08%
FCF Conversion (Net income) 915.95% - - - - 314.41%
Dividend per Share 2 0.0416 0.0748 0.0763 0.0450 0.0218 -
Announcement Date 4/27/18 4/16/19 4/17/20 4/28/21 4/25/22 4/25/23
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - 52.8 466 583 512
Net Cash position 1 131 103 - - - -
Leverage (Debt/EBITDA) - - 0.7237 x 1.905 x 1.826 x 4.444 x
Free Cash Flow 1 68.1 -21.6 -18.9 -45.9 -22.6 52
ROE (net income / shareholders' equity) 4.77% 17.9% 13.5% 44.7% 49.6% 4.14%
ROA (Net income/ Total Assets) 11.2% 12.5% 9.68% 11.2% 12.9% 3.48%
Assets 1 66.29 344.9 368.3 1,106 1,365 474.5
Book Value Per Share 2 0.8900 1.060 1.140 0.6800 1.100 1.140
Cash Flow per Share 2 0.6200 0.5500 0.2500 0.3700 0.2700 0.3700
Capex 1 12.4 18.1 24.1 43.6 23.8 12.1
Capex / Sales 5.74% 5.21% 5.98% 1.25% 0.41% 0.2%
Announcement Date 4/27/18 4/16/19 4/17/20 4/28/21 4/25/22 4/25/23
1CNY in Million2CNY
Estimates
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