Financials Zheneng Jinjiang Environment Holding Company Limited

Equities

BWM

KYG9898S1075

Renewable Energy Equipment & Services

Market Closed - Singapore S.E. 02:41:41 2024-04-26 am EDT 5-day change 1st Jan Change
0.34 SGD -4.23% Intraday chart for Zheneng Jinjiang Environment Holding Company Limited -2.86% +17.24%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 3,341 4,513 5,127 2,709 2,208 2,272
Enterprise Value (EV) 1 9,240 11,917 13,490 12,810 12,830 13,123
P/E ratio 5.54 x 29.3 x 15.7 x 6.18 x 6.79 x 8.07 x
Yield - - - - - 4.47%
Capitalization / Revenue 1.1 x 1.16 x 1.66 x 0.67 x 0.54 x 0.61 x
EV / Revenue 3.05 x 3.07 x 4.37 x 3.15 x 3.15 x 3.5 x
EV / EBITDA 7.86 x 11.2 x 12.3 x 9.59 x 8.63 x 8.91 x
EV / FCF -4.9 x -36.6 x -20.3 x -10.1 x -96.4 x -46.7 x
FCF Yield -20.4% -2.73% -4.94% -9.93% -1.04% -2.14%
Price to Book 0.61 x 0.79 x 0.86 x 0.42 x 0.33 x 0.32 x
Nbr of stocks (in thousands) 1,443,247 1,454,025 1,454,025 1,454,025 1,454,025 1,454,025
Reference price 2 2.315 3.104 3.526 1.863 1.519 1.562
Announcement Date 4/11/19 6/9/20 4/9/21 4/8/22 4/7/23 4/9/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 3,031 3,878 3,085 4,060 4,074 3,750
EBITDA 1 1,175 1,064 1,100 1,336 1,487 1,473
EBIT 1 787.1 673.2 640 813.2 908.9 790.7
Operating Margin 25.97% 17.36% 20.75% 20.03% 22.31% 21.08%
Earnings before Tax (EBT) 1 748.3 306.2 477.7 583.3 486.3 460.4
Net income 1 565 153.3 326.9 438 325 281.6
Net margin 18.64% 3.95% 10.6% 10.79% 7.98% 7.51%
EPS 2 0.4181 0.1061 0.2248 0.3012 0.2235 0.1937
Free Cash Flow 1 -1,885 -325.2 -665.9 -1,272 -133.1 -281.1
FCF margin -62.19% -8.39% -21.59% -31.34% -3.27% -7.5%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - 0.0698
Announcement Date 4/11/19 6/9/20 4/9/21 4/8/22 4/7/23 4/9/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q2
Net sales -
EBITDA -
EBIT -
Operating Margin -
Earnings before Tax (EBT) -
Net income 1 -12
Net margin -
EPS -
Dividend per Share -
Announcement Date 8/5/22
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 5,898 7,404 8,363 10,101 10,622 10,851
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 5.021 x 6.956 x 7.6 x 7.562 x 7.145 x 7.367 x
Free Cash Flow 1 -1,885 -325 -666 -1,272 -133 -281
ROE (net income / shareholders' equity) 11% 2.87% 5.55% 7.16% 5.14% 4.36%
ROA (Net income/ Total Assets) 3.6% 2.7% 2.33% 2.66% 2.71% 2.28%
Assets 1 15,699 5,686 14,049 16,438 11,972 12,374
Book Value Per Share 2 3.800 3.910 4.110 4.400 4.620 4.850
Cash Flow per Share 2 0.5900 0.3000 0.2500 0.2700 0.4300 0.3200
Capex 1 2,437 996 1,491 1,098 1,058 940
Capex / Sales 80.4% 25.69% 48.32% 27.03% 25.97% 25.07%
Announcement Date 4/11/19 6/9/20 4/9/21 4/8/22 4/7/23 4/9/24
1CNY in Million2CNY
Estimates
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