Financials Wanguo International Mining Group Limited

Equities

3939

KYG9430L1077

Specialty Mining & Metals

Market Closed - Hong Kong S.E. 04:08:22 2024-04-29 am EDT 5-day change 1st Jan Change
8.1 HKD -4.93% Intraday chart for Wanguo International Mining Group Limited +1.25% +99.51%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 1,082 1,062 1,094 1,333 1,282 1,426
Enterprise Value (EV) 1 1,119 1,171 1,140 1,404 1,294 1,548
P/E ratio 13.9 x 14.5 x 19.7 x 15.4 x 6.48 x 7.9 x
Yield 2.7% 1.88% - 1.61% 6.52% 5.81%
Capitalization / Revenue 3.1 x 3.31 x 3.52 x 0.96 x 0.64 x 2.09 x
EV / Revenue 3.21 x 3.65 x 3.66 x 1.01 x 0.64 x 2.27 x
EV / EBITDA 7.63 x 9.83 x 11.3 x 10.3 x 4.69 x 5.71 x
EV / FCF 5.08 x -27.2 x 11.9 x 96 x -7.89 x -12.6 x
FCF Yield 19.7% -3.68% 8.38% 1.04% -12.7% -7.91%
Price to Book 2.36 x 1.82 x 1.76 x 1.87 x 1.23 x 1.24 x
Nbr of stocks (in thousands) 666,000 720,000 720,000 720,000 828,000 828,000
Reference price 2 1.624 1.475 1.519 1.852 1.548 1.722
Announcement Date 4/16/18 4/17/19 5/11/20 4/29/21 4/28/22 4/27/23
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 348.5 320.7 311.2 1,394 2,014 681.4
EBITDA 1 146.7 119.1 100.6 136.9 275.7 271.2
EBIT 1 114.9 91.85 67.7 101.2 231.7 223
Operating Margin 32.98% 28.64% 21.76% 7.26% 11.5% 32.73%
Earnings before Tax (EBT) 1 102.8 85.66 65.45 100.9 220.9 209.2
Net income 1 70.86 72.14 55.54 86.71 193.4 180.5
Net margin 20.33% 22.5% 17.85% 6.22% 9.6% 26.49%
EPS 2 0.1168 0.1014 0.0771 0.1204 0.2387 0.2180
Free Cash Flow 1 220.4 -43.1 95.47 14.64 -163.9 -122.4
FCF margin 63.25% -13.44% 30.68% 1.05% -8.14% -17.96%
FCF Conversion (EBITDA) 150.29% - 94.88% 10.69% - -
FCF Conversion (Net income) 311.04% - 171.89% 16.88% - -
Dividend per Share 2 0.0439 0.0278 - 0.0298 0.1010 0.1000
Announcement Date 4/16/18 4/17/19 5/11/20 4/29/21 4/28/22 4/27/23
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 37.4 108 45.8 71.3 12.2 122
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 0.2551 x 0.9108 x 0.4548 x 0.5205 x 0.0441 x 0.4488 x
Free Cash Flow 1 220 -43.1 95.5 14.6 -164 -122
ROE (net income / shareholders' equity) 15.1% 9.98% 6.82% 9.28% 15.6% 12.2%
ROA (Net income/ Total Assets) 7.7% 4.68% 3.38% 4.65% 8.9% 7.27%
Assets 1 920.7 1,543 1,641 1,863 2,173 2,485
Book Value Per Share 2 0.6900 0.8100 0.8600 0.9900 1.260 1.390
Cash Flow per Share 2 0.1600 0.0300 0.0100 0.0500 0.1400 0.0800
Capex 1 38 37.7 53.2 51.3 232 183
Capex / Sales 10.89% 11.75% 17.11% 3.68% 11.51% 26.79%
Announcement Date 4/16/18 4/17/19 5/11/20 4/29/21 4/28/22 4/27/23
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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