Financials Yanchang Petroleum International Limited

Equities

346

BMG9833W1221

Oil & Gas Transportation Services

Market Closed - Hong Kong S.E. 04:08:20 2024-04-26 am EDT 5-day change 1st Jan Change
0.415 HKD -3.49% Intraday chart for Yanchang Petroleum International Limited +3.75% +3.75%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 1,348 813.8 631.6 641.7 916.8 1,027
Enterprise Value (EV) 1 1,812 1,387 1,339 1,138 1,478 2,141
P/E ratio -20.6 x -1,098 x -1.42 x -0.71 x 2.59 x -5.15 x
Yield - - - - - -
Capitalization / Revenue 0.08 x 0.14 x 0.08 x 0.02 x 0.05 x 0.03 x
EV / Revenue 0.11 x 0.23 x 0.16 x 0.04 x 0.07 x 0.07 x
EV / EBITDA 10.4 x 33.8 x 10.9 x 16.3 x 9.11 x 20.2 x
EV / FCF -3.91 x -9.29 x 159 x -7.73 x -23.5 x 11.7 x
FCF Yield -25.6% -10.8% 0.63% -12.9% -4.25% 8.54%
Price to Book 0.91 x 0.6 x 0.66 x 0.96 x 0.88 x 1.33 x
Nbr of stocks (in thousands) 607,279 607,279 607,279 916,752 916,752 916,752
Reference price 2 2.220 1.340 1.040 0.7000 1.000 1.120
Announcement Date 4/23/18 4/24/19 4/23/20 4/22/21 4/20/22 4/27/23
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 16,725 5,948 8,205 27,258 19,779 29,943
EBITDA 1 175 41 122.9 69.75 162.2 105.9
EBIT 1 9.613 4.375 -309.4 -29.53 82.48 -57.94
Operating Margin 0.06% 0.07% -3.77% -0.11% 0.42% -0.19%
Earnings before Tax (EBT) 1 -49.65 40.48 -372.1 -779.5 377.6 -608.3
Net income 1 -65.29 -0.741 -443.7 -795.8 353.6 -199.5
Net margin -0.39% -0.01% -5.41% -2.92% 1.79% -0.67%
EPS 2 -0.1075 -0.001220 -0.7307 -0.9915 0.3857 -0.2176
Free Cash Flow 1 -463.9 -149.2 8.445 -147.2 -62.87 182.7
FCF margin -2.77% -2.51% 0.1% -0.54% -0.32% 0.61%
FCF Conversion (EBITDA) - - 6.87% - - 172.5%
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 4/23/18 4/24/19 4/23/20 4/22/21 4/20/22 4/27/23
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 464 573 708 496 561 1,114
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 2.653 x 13.98 x 5.762 x 7.112 x 3.459 x 10.52 x
Free Cash Flow 1 -464 -149 8.44 -147 -62.9 183
ROE (net income / shareholders' equity) -3.76% 0.41% -33.9% -83.7% 36.4% -75.6%
ROA (Net income/ Total Assets) 0.22% 0.09% -6.99% -0.71% 1.44% -0.8%
Assets 1 -29,922 -793.4 6,351 111,718 24,506 24,867
Book Value Per Share 2 2.430 2.250 1.590 0.7300 1.130 0.8400
Cash Flow per Share 2 0.3400 0.5200 0.4900 0.4800 0.4300 0.1500
Capex 1 292 158 119 50.2 233 466
Capex / Sales 1.75% 2.66% 1.45% 0.18% 1.18% 1.56%
Announcement Date 4/23/18 4/24/19 4/23/20 4/22/21 4/20/22 4/27/23
1HKD in Million2HKD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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