CEC ENVIRONMENTAL PROTECTION CO.,LTD |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 5.02 CNY | -1.38% |
|
-13.15% | -6.52% |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 2,726 | 2,672 | 3,046 | 3,702 | 2,984 | 3,634 |
| Enterprise Value (EV) 1 | 2,429 | 2,365 | 2,745 | 3,390 | 2,575 | 3,162 |
| P/E ratio | 21.8 x | 18.3 x | 17.2 x | 34.2 x | 40.1 x | 41.3 x |
| Yield | 0.96% | 0.98% | 0.86% | 0.91% | 1.13% | 0.56% |
| Capitalization / Revenue | 3.41 x | 2.95 x | 3.31 x | 4.23 x | 2.92 x | 3.61 x |
| EV / Revenue | 3.04 x | 2.61 x | 2.98 x | 3.88 x | 2.52 x | 3.14 x |
| EV / EBITDA | 17.7 x | 14.1 x | 10.9 x | 18.8 x | 11.8 x | 16.2 x |
| EV / FCF | 13.5 x | -247 x | 43.2 x | -107 x | 13.1 x | 55.8 x |
| FCF Yield | 7.39% | -0.4% | 2.31% | -0.93% | 7.65% | 1.79% |
| Price to Book | 2.07 x | 1.82 x | 1.86 x | 2.13 x | 1.68 x | 1.99 x |
| Nbr of stocks (in thousands) | 678,861 | 678,536 | 676,924 | 676,710 | 676,710 | 676,710 |
| Reference price 2 | 4.015 | 3.938 | 4.500 | 5.470 | 4.410 | 5.370 |
| Announcement Date | 19-04-15 | 20-04-20 | 21-04-27 | 22-04-24 | 23-03-27 | 24-04-01 |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 798.4 | 906.9 | 919.8 | 874.4 | 1,023 | 1,006 |
| EBITDA 1 | 137.2 | 167.2 | 252.4 | 179.9 | 218.8 | 195.4 |
| EBIT 1 | 112.5 | 119.2 | 164.1 | 88.51 | 96.35 | 83.61 |
| Operating Margin | 14.1% | 13.14% | 17.84% | 10.12% | 9.42% | 8.31% |
| Earnings before Tax (EBT) 1 | 142.9 | 164.3 | 199.2 | 118 | 85.67 | 95.56 |
| Net income 1 | 122.3 | 142.9 | 177 | 106.6 | 76.25 | 85.82 |
| Net margin | 15.31% | 15.76% | 19.24% | 12.19% | 7.45% | 8.53% |
| EPS 2 | 0.1846 | 0.2154 | 0.2615 | 0.1600 | 0.1100 | 0.1300 |
| Free Cash Flow 1 | 179.5 | -9.559 | 63.54 | -31.68 | 197 | 56.66 |
| FCF margin | 22.48% | -1.05% | 6.91% | -3.62% | 19.25% | 5.63% |
| FCF Conversion (EBITDA) | 130.78% | - | 25.17% | - | 90.07% | 29% |
| FCF Conversion (Net income) | 146.79% | - | 35.89% | - | 258.42% | 66.03% |
| Dividend per Share 2 | 0.0385 | 0.0385 | 0.0385 | 0.0500 | 0.0500 | 0.0300 |
| Announcement Date | 19-04-15 | 20-04-20 | 21-04-27 | 22-04-24 | 23-03-27 | 24-04-01 |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - |
| Net Cash position 1 | 297 | 307 | 301 | 312 | 409 | 472 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - |
| Free Cash Flow 1 | 179 | -9.56 | 63.5 | -31.7 | 197 | 56.7 |
| ROE (net income / shareholders' equity) | 9.64% | 10% | 11% | 6.14% | 3.83% | 4.33% |
| ROA (Net income/ Total Assets) | 3.25% | 3.09% | 3.96% | 2.03% | 2.13% | 1.81% |
| Assets 1 | 3,759 | 4,621 | 4,473 | 5,252 | 3,581 | 4,737 |
| Book Value Per Share 2 | 1.940 | 2.170 | 2.420 | 2.560 | 2.630 | 2.700 |
| Cash Flow per Share 2 | 0.1900 | 0.2200 | 0.2000 | 0.0700 | 0.2200 | 0.3900 |
| Capex 1 | 66.1 | 62 | 27.8 | 88.7 | 22.1 | 5.85 |
| Capex / Sales | 8.28% | 6.83% | 3.02% | 10.15% | 2.16% | 0.58% |
| Announcement Date | 19-04-15 | 20-04-20 | 21-04-27 | 22-04-24 | 23-03-27 | 24-04-01 |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| -6.52% | 476M | |
| -8.99% | 3.46B | |
| +25.65% | 1.21B | |
| +9.19% | 1.19B | |
| -5.32% | 646M | |
| -5.35% | 595M | |
| -8.46% | 584M | |
| -15.70% | 560M | |
| +6.43% | 555M | |
| +17.07% | 518M |
- Stock Market
- Equities
- 300172 Stock
- Financials Cec Environmental Protection Co.,Ltd