ZHEJIANG WEIMING ENVIRONMENT PROTECTION CO., LTD. Financials Zhejiang Weiming Environment Protection Co., Ltd.
Equities
603568
CNE1000023N5
Renewable Energy Equipment & Services
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 20.39 CNY | +2.67% |
|
-0.78% | +27.44% |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 21,603 | 23,787 | 47,295 | 31,394 | 27,274 | 34,541 | - | - |
| Enterprise Value (EV) 1 | 21,603 | 23,787 | 47,295 | 31,394 | 27,274 | 34,541 | 34,541 | 34,541 |
| P/E ratio | 22.7 x | 18.9 x | 30.4 x | 19.1 x | 13.4 x | 11.5 x | 9.53 x | 7.55 x |
| Yield | 1.35% | - | 0.36% | 0.81% | - | - | - | - |
| Capitalization / Revenue | 10.6 x | 7.62 x | 11.3 x | 7.06 x | 4.53 x | 3.53 x | 2.77 x | 2.08 x |
| EV / Revenue | 10.6 x | 7.62 x | 11.3 x | 7.06 x | 4.53 x | 3.53 x | 2.77 x | 2.08 x |
| EV / EBITDA | - | 14.2 x | - | 14 x | 9.58 x | 7.71 x | 6.33 x | 5.07 x |
| EV / FCF | - | - | - | -642,285,822 x | - | - | - | - |
| FCF Yield | - | - | - | -0% | - | - | - | - |
| Price to Book | 5.2 x | 4.42 x | 6.22 x | 3.42 x | 2.48 x | 2.54 x | 2.01 x | 1.65 x |
| Nbr of stocks (in thousands) | 1,591,470 | 1,633,527 | 1,683,099 | 1,694,213 | 1,704,645 | 1,694,023 | - | - |
| Reference price 2 | 13.57 | 14.56 | 28.10 | 18.53 | 16.00 | 20.39 | 20.39 | 20.39 |
| Announcement Date | 4/24/20 | 4/16/21 | 4/22/22 | 4/21/23 | 4/19/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,038 | 3,123 | 4,185 | 4,446 | 6,025 | 9,797 | 12,447 | 16,620 |
| EBITDA 1 | - | 1,673 | - | 2,245 | 2,847 | 4,482 | 5,458 | 6,815 |
| EBIT 1 | 1,103 | 1,452 | 1,687 | 1,763 | 2,287 | 3,759 | 4,290 | 6,074 |
| Operating Margin | 54.11% | 46.49% | 40.32% | 39.66% | 37.96% | 38.37% | 34.46% | 36.55% |
| Earnings before Tax (EBT) 1 | 1,103 | 1,456 | 1,692 | 1,780 | 2,284 | 3,756 | 4,288 | 6,069 |
| Net income 1 | 974.5 | 1,257 | 1,535 | 1,653 | 2,048 | 3,011 | 3,642 | 4,606 |
| Net margin | 47.81% | 40.25% | 36.69% | 37.18% | 34% | 30.73% | 29.26% | 27.71% |
| EPS 2 | 0.5976 | 0.7692 | 0.9231 | 0.9700 | 1.190 | 1.770 | 2.140 | 2.700 |
| Free Cash Flow | - | - | - | -48.88 | - | - | - | - |
| FCF margin | - | - | - | -1.1% | - | - | - | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - | - |
| Dividend per Share | 0.1834 | - | 0.1000 | 0.1500 | - | - | - | - |
| Announcement Date | 4/24/20 | 4/16/21 | 4/22/22 | 4/21/23 | 4/19/24 | - | - | - |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt | - | - | - | - | - | - | - | - |
| Net Cash position | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | -48.9 | - | - | - | - |
| ROE (net income / shareholders' equity) | 26.5% | 26% | 24.9% | 19.5% | 20% | 21.2% | 21.2% | 22.8% |
| ROA (Net income/ Total Assets) | - | 14.5% | - | - | - | - | - | - |
| Assets 1 | - | 8,697 | - | - | - | - | - | - |
| Book Value Per Share 2 | 2.610 | 3.290 | 4.510 | 5.420 | 6.450 | 8.030 | 10.10 | 12.30 |
| Cash Flow per Share 2 | 0.5300 | 0.5800 | 0.7000 | 1.290 | 1.360 | 1.740 | 2.630 | 3.020 |
| Capex 1 | 1,214 | 1,897 | 2,363 | 2,242 | 2,266 | 1,724 | 3,394 | 1,148 |
| Capex / Sales | 59.57% | 60.75% | 56.46% | 50.42% | 37.62% | 17.6% | 27.27% | 6.91% |
| Announcement Date | 4/24/20 | 4/16/21 | 4/22/22 | 4/21/23 | 4/19/24 | - | - | - |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B
Sell
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
20.39
CNY
Average target price
34.52
CNY
Spread / Average Target
+69.30%
EPS Revisions
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +27.44% | 4.77B | |
| +6.67% | 102M | |
| +160.00% | 50.49M |
- Stock Market
- Equities
- 603568 Stock
- Financials Zhejiang Weiming Environment Protection Co., Ltd.
