XINJIANG BA YI IRON & STEEL CO.,LTD. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 3.06 CNY | +2.68% |
|
+0.99% | -14.76% |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 5,457 | 5,457 | 5,871 | 9,519 | 6,153 | 5,472 |
| Enterprise Value (EV) 1 | 10,682 | 11,002 | 9,713 | 18,481 | 15,045 | 16,192 |
| P/E ratio | 7.79 x | 48.8 x | 18.6 x | 8.05 x | -4.47 x | -4.72 x |
| Yield | - | - | - | - | - | - |
| Capitalization / Revenue | 0.27 x | 0.26 x | 0.27 x | 0.31 x | 0.27 x | 0.24 x |
| EV / Revenue | 0.53 x | 0.53 x | 0.45 x | 0.6 x | 0.65 x | 0.7 x |
| EV / EBITDA | 5.19 x | 8.69 x | 6.25 x | 6.3 x | -57.9 x | 42.5 x |
| EV / FCF | 76.1 x | -15.3 x | 5.01 x | -55.3 x | 8.8 x | 29.9 x |
| FCF Yield | 1.31% | -6.53% | 19.9% | -1.81% | 11.4% | 3.34% |
| Price to Book | 1.35 x | 1.31 x | 1.3 x | 2.23 x | 2.08 x | 3.08 x |
| Nbr of stocks (in thousands) | 1,532,898 | 1,532,898 | 1,532,898 | 1,532,898 | 1,553,789 | 1,524,332 |
| Reference price 2 | 3.560 | 3.560 | 3.830 | 6.210 | 3.960 | 3.590 |
| Announcement Date | 3/25/19 | 4/27/20 | 4/12/21 | 4/11/22 | 4/17/23 | 4/15/24 |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 20,105 | 20,612 | 21,723 | 30,879 | 23,044 | 22,971 |
| EBITDA 1 | 2,059 | 1,266 | 1,553 | 2,933 | -259.8 | 381.4 |
| EBIT 1 | 1,247 | 458 | 724.4 | 1,899 | -1,353 | -755.8 |
| Operating Margin | 6.2% | 2.22% | 3.33% | 6.15% | -5.87% | -3.29% |
| Earnings before Tax (EBT) 1 | 843.2 | 115.1 | 381.7 | 1,432 | -1,707 | -1,356 |
| Net income 1 | 700.5 | 111.1 | 316.3 | 1,181 | -1,367 | -1,163 |
| Net margin | 3.48% | 0.54% | 1.46% | 3.83% | -5.93% | -5.06% |
| EPS 2 | 0.4570 | 0.0730 | 0.2060 | 0.7710 | -0.8850 | -0.7600 |
| Free Cash Flow 1 | 140.3 | -718.1 | 1,937 | -334.2 | 1,709 | 541.5 |
| FCF margin | 0.7% | -3.48% | 8.92% | -1.08% | 7.42% | 2.36% |
| FCF Conversion (EBITDA) | 6.81% | - | 124.73% | - | - | 141.97% |
| FCF Conversion (Net income) | 20.03% | - | 612.46% | - | - | - |
| Dividend per Share | - | - | - | - | - | - |
| Announcement Date | 3/25/19 | 4/27/20 | 4/12/21 | 4/11/22 | 4/17/23 | 4/15/24 |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 5,225 | 5,545 | 3,842 | 8,962 | 8,892 | 10,720 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 2.537 x | 4.379 x | 2.474 x | 3.055 x | -34.22 x | 28.1 x |
| Free Cash Flow 1 | 140 | -718 | 1,937 | -334 | 1,709 | 542 |
| ROE (net income / shareholders' equity) | 19% | 2.71% | 7.31% | 25.1% | -38.1% | -48.2% |
| ROA (Net income/ Total Assets) | 4.11% | 1.47% | 2.16% | 3.89% | -2.78% | -1.6% |
| Assets 1 | 17,043 | 7,535 | 14,651 | 30,386 | 49,203 | 72,586 |
| Book Value Per Share 2 | 2.640 | 2.710 | 2.940 | 2.780 | 1.910 | 1.160 |
| Cash Flow per Share 2 | 0.4900 | 0.2800 | 1.570 | 0.7900 | 1.190 | 1.110 |
| Capex 1 | 312 | 530 | 321 | 446 | 278 | 364 |
| Capex / Sales | 1.55% | 2.57% | 1.48% | 1.45% | 1.21% | 1.59% |
| Announcement Date | 3/25/19 | 4/27/20 | 4/12/21 | 4/11/22 | 4/17/23 | 4/15/24 |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -14.76% | 630M | |
| +1.77% | 25.86B | |
| +18.55% | 21.23B | |
| -7.41% | 11.73B | |
| +25.93% | 11.2B | |
| +10.61% | 10.91B | |
| +10.96% | 10.15B | |
| +1.41% | 8.56B | |
| +3.56% | 7.32B | |
| +22.33% | 6.92B |
- Stock Market
- Equities
- 600581 Stock
- Financials XinJiang Ba Yi Iron & Steel Co.,Ltd.
