Financials Fujian Nanwang Environment Protection Scien-Tech Co.,Ltd

Equities

301355

CNE1000064N9

Paper Packaging

End-of-day quote Shenzhen S.E. 18:00:00 2024-06-06 EDT 5-day change 1st Jan Change
10.08 CNY +1.51% Intraday chart for Fujian Nanwang Environment Protection Scien-Tech Co.,Ltd -12.12% -33.47%

Valuation

Fiscal Period: December 2023
Capitalization 1 2,956
Enterprise Value (EV) 1 2,899
P/E ratio 36.1 x
Yield 2.31%
Capitalization / Revenue 2.57 x
EV / Revenue 2.52 x
EV / EBITDA 28.1 x
EV / FCF -21.4 x
FCF Yield -4.66%
Price to Book 1.94 x
Nbr of stocks (in thousands) 195,098
Reference price 2 15.15
Announcement Date 4/22/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 513.4 691.6 848.3 1,195 1,054 1,150
EBITDA 1 90.25 99.79 102.3 132.3 114 103.3
EBIT 1 71.36 77.55 72.87 93.87 70.5 58.54
Operating Margin 13.9% 11.21% 8.59% 7.85% 6.69% 5.09%
Earnings before Tax (EBT) 1 67.96 74.79 76.52 93.75 77.67 79.79
Net income 1 56.63 63.99 66.05 84.02 75.51 71.98
Net margin 11.03% 9.25% 7.79% 7.03% 7.17% 6.26%
EPS 2 0.4800 0.5100 0.4500 0.5700 0.5200 0.4200
Free Cash Flow 1 3.731 -65.45 -46.01 -53.53 -119.5 -135.2
FCF margin 0.73% -9.46% -5.42% -4.48% -11.35% -11.76%
FCF Conversion (EBITDA) 4.13% - - - - -
FCF Conversion (Net income) 6.59% - - - - -
Dividend per Share - - - - - 0.3500
Announcement Date 4/25/19 4/29/20 6/9/21 3/30/22 5/21/23 4/22/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - 25.6 -
Net Cash position 1 32.6 132 114 35.7 - 57.1
Leverage (Debt/EBITDA) - - - - 0.2248 x -
Free Cash Flow 1 3.73 -65.4 -46 -53.5 -120 -135
ROE (net income / shareholders' equity) 19.6% 15.5% 12.2% 13.8% 11% 6.38%
ROA (Net income/ Total Assets) 10.9% 8.47% 5.82% 6.07% 4.08% 2.22%
Assets 1 521.2 755.7 1,135 1,384 1,852 3,240
Book Value Per Share 2 2.640 3.810 3.870 4.440 4.950 7.800
Cash Flow per Share 2 0.5700 1.230 1.020 0.8800 0.6000 2.050
Capex 1 50.4 98.9 165 164 119 155
Capex / Sales 9.81% 14.3% 19.46% 13.73% 11.29% 13.49%
Announcement Date 4/25/19 4/29/20 6/9/21 3/30/22 5/21/23 4/22/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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