Financials Weihai Guangwei Composites Co., Ltd.

Equities

300699

CNE1000034T9

Commodity Chemicals

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
26.05 CNY -4.44% Intraday chart for Weihai Guangwei Composites Co., Ltd. -9.39% -2.32%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 23,585 46,159 43,790 37,451 22,172 21,657 - -
Enterprise Value (EV) 1 22,716 46,159 43,790 36,105 21,308 20,235 19,710 19,044
P/E ratio 45.5 x 71.8 x 57.9 x 40.1 x 25.4 x 21.3 x 18.1 x 15.9 x
Yield 1.1% 0.56% 0.59% 0.97% 1.87% 1.97% 1.97% 2.41%
Capitalization / Revenue 13.8 x 21.8 x 16.8 x 14.9 x 8.81 x 7.18 x 6.19 x 5.44 x
EV / Revenue 13.2 x 21.8 x 16.8 x 14.4 x 8.46 x 6.71 x 5.63 x 4.79 x
EV / EBITDA 32.1 x 56.1 x 43.9 x 29.4 x 17.9 x 15.1 x 12.2 x 10.3 x
EV / FCF - - 72,655,622 x -65,648,611 x -101,248,720 x - - -
FCF Yield - - 0% -0% -0% - - -
Price to Book 7.27 x 12.7 x 10.6 x 7.67 x 4.07 x 3.52 x 3.18 x 2.78 x
Nbr of stocks (in thousands) 829,360 829,360 829,360 829,360 831,352 831,352 - -
Reference price 2 28.44 55.66 52.80 45.16 26.67 26.05 26.05 26.05
Announcement Date 2/23/20 2/1/21 1/16/22 1/11/23 1/29/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,715 2,116 2,607 2,511 2,518 3,014 3,498 3,978
EBITDA 1 708 823.1 997 1,227 1,193 1,338 1,622 1,858
EBIT 1 622.9 728.6 852.4 1,049 991.7 1,114 1,337 1,528
Operating Margin 36.32% 34.44% 32.69% 41.76% 39.39% 36.96% 38.21% 38.41%
Earnings before Tax (EBT) 1 602.9 723.8 851.6 1,044 992.9 1,141 1,363 1,581
Net income 1 519.2 641.6 758.4 934.3 873.2 993.3 1,196 1,366
Net margin 30.28% 30.33% 29.09% 37.2% 34.68% 32.95% 34.18% 34.34%
EPS 2 0.6250 0.7750 0.9125 1.125 1.051 1.223 1.439 1.643
Free Cash Flow - - 602.7 -550 -210.5 - - -
FCF margin - - 23.12% -21.9% -8.36% - - -
FCF Conversion (EBITDA) - - 60.46% - - - - -
FCF Conversion (Net income) - - 79.47% - - - - -
Dividend per Share 2 0.3125 0.3125 0.3125 0.4375 0.5000 0.5125 0.5120 0.6267
Announcement Date 2/23/20 2/1/21 1/16/22 1/11/23 1/29/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 - - - 625.8 570.8 - 666.9 523.2 770.8 556.3 801 801 - -
EBITDA 1 - - - 286 - - - - - 251.2 310.9 311.9 - -
EBIT 1 - - - 272.2 198.1 - 278.8 234 284.9 196.2 255.8 256.8 - -
Operating Margin - - - 43.5% 34.7% - 41.81% 44.72% 36.96% 35.26% 31.94% 32.06% - -
Earnings before Tax (EBT) 1 - - - - - - 277.4 234.3 286.8 282.3 312.2 313.2 - -
Net income 1 207.5 - 505.6 - - - 241.8 208 251.9 231.8 268 269 - -
Net margin - - - - - - 36.26% 39.75% 32.68% 41.66% 33.46% 33.58% - -
EPS 2 0.2502 - 0.6096 0.2938 0.2203 - 0.4963 0.2500 0.3000 0.2812 0.3251 0.3263 - -
Dividend per Share 2 - - - - - - - - 0.5000 - - 0.1107 - -
Announcement Date 4/25/22 8/15/22 8/15/22 10/24/22 1/11/23 5/14/23 8/14/23 10/26/23 1/29/24 - - - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 869 - - 1,346 864 1,422 1,947 2,613
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - 603 -550 -210 - - -
ROE (net income / shareholders' equity) 17.3% 18.5% 19.6% 21.3% 16.9% 16.4% 16.6% 17.6%
ROA (Net income/ Total Assets) 13.6% 14.7% 14.9% - 13% 13.1% 14.1% 14.9%
Assets 1 3,806 4,358 5,099 - 6,723 7,596 8,508 9,166
Book Value Per Share 2 3.910 4.390 5.000 5.880 6.550 7.400 8.190 9.380
Cash Flow per Share 2 0.9100 1.150 1.440 0.1800 0.6400 1.180 1.450 1.690
Capex 1 364 580 593 697 745 614 628 569
Capex / Sales 21.25% 27.41% 22.76% 27.76% 29.59% 20.36% 17.96% 14.3%
Announcement Date 2/23/20 2/1/21 1/16/22 1/11/23 1/29/24 - - -
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
C-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
11
Last Close Price
26.05 CNY
Average target price
33.44 CNY
Spread / Average Target
+28.35%
Consensus
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  4. Financials Weihai Guangwei Composites Co., Ltd.