Financials Wan Cheng Metal Packaging Company Limited

Equities

8291

KYG942971436

Non-Paper Containers & Packaging

Market Closed - Hong Kong S.E. 04:08:09 2024-05-16 am EDT 5-day change 1st Jan Change
0.09 HKD 0.00% Intraday chart for Wan Cheng Metal Packaging Company Limited 0.00% -52.63%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 436.4 50.93 26.81 10.5 29.2 18.37
Enterprise Value (EV) 1 432.3 89.48 78.45 133.7 144.2 96.74
P/E ratio -106 x -6.43 x -0.93 x -0.7 x -0.53 x -0.11 x
Yield - - - - - -
Capitalization / Revenue 3.47 x 0.44 x 0.45 x 0.26 x 0.64 x 0.5 x
EV / Revenue 3.44 x 0.78 x 1.33 x 3.32 x 3.16 x 2.61 x
EV / EBITDA 36.7 x 28.3 x -3.35 x -17.2 x 348 x -20.6 x
EV / FCF -8.43 x -2.38 x -20.3 x -1.9 x -11.2 x 3.06 x
FCF Yield -11.9% -42.1% -4.92% -52.5% -8.95% 32.7%
Price to Book 4.69 x 0.55 x 0.35 x 0.18 x 1.6 x -0.3 x
Nbr of stocks (in thousands) 20,000 20,000 20,000 20,000 80,000 160,000
Reference price 2 21.82 2.546 1.341 0.5252 0.3650 0.1148
Announcement Date 3/28/18 3/28/19 4/1/20 3/31/21 3/31/22 4/2/23
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 125.7 115.4 59.06 40.26 45.62 37.01
EBITDA 1 11.78 3.162 -23.42 -7.766 0.414 -4.691
EBIT 1 8.509 0.375 -27.34 -11.6 -7.791 -12.74
Operating Margin 6.77% 0.32% -46.28% -28.83% -17.08% -34.42%
Earnings before Tax (EBT) 1 0.865 -7.617 -28.81 -23.96 -54.89 -104
Net income 1 -3.554 -7.921 -28.9 -22.93 -54.7 -104
Net margin -2.83% -6.86% -48.94% -56.96% -119.9% -281.07%
EPS 2 -0.2056 -0.3960 -1.445 -0.7514 -0.6838 -1.053
Free Cash Flow 1 -51.29 -37.67 -3.862 -70.25 -12.9 31.65
FCF margin -40.81% -32.63% -6.54% -174.51% -28.28% 85.5%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 3/28/18 3/28/19 4/1/20 3/31/21 3/31/22 4/2/23
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - 38.6 51.6 123 115 78.4
Net Cash position 1 4.1 - - - - -
Leverage (Debt/EBITDA) - 12.19 x -2.204 x -15.86 x 277.8 x -16.71 x
Free Cash Flow 1 -51.3 -37.7 -3.86 -70.3 -12.9 31.6
ROE (net income / shareholders' equity) -5.04% -8.51% -34.2% -33.8% -141% 482%
ROA (Net income/ Total Assets) 3.16% 0.13% -9.76% -3.35% -2.1% -5.08%
Assets 1 -112.3 -6,242 296.1 685 2,603 2,047
Book Value Per Share 2 4.650 4.660 3.800 2.970 0.2300 -0.3800
Cash Flow per Share 2 2.160 0.0700 0.0600 1.290 0.1200 0.1600
Capex 1 23.7 0.57 0.89 119 10.7 8.34
Capex / Sales 18.87% 0.5% 1.5% 295.67% 23.54% 22.54%
Announcement Date 3/28/18 3/28/19 4/1/20 3/31/21 3/31/22 4/2/23
1CNY in Million2CNY
Estimates
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