Financials Hubei Forbon Technology Co.,Ltd.

Equities

300387

CNE100001XK4

Agricultural Chemicals

End-of-day quote Shenzhen S.E. 18:00:00 2024-04-28 EDT 5-day change 1st Jan Change
6.41 CNY +1.75% Intraday chart for Hubei Forbon Technology Co.,Ltd. +9.95% -23.14%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,627 3,006 2,291 1,942 1,873 2,411
Enterprise Value (EV) 1 1,460 2,910 2,236 1,908 1,853 2,436
P/E ratio 22.5 x 49 x 32.8 x 47.9 x 34.1 x 33.4 x
Yield 0.89% 0.49% 0.63% 0.75% 0.77% 0.72%
Capitalization / Revenue 2.82 x 5.16 x 3.55 x 2.84 x 2.21 x 2.3 x
EV / Revenue 2.53 x 5 x 3.46 x 2.79 x 2.19 x 2.32 x
EV / EBITDA 14.9 x 33 x 21.2 x 20.2 x 18 x 18.7 x
EV / FCF -21.9 x -39.5 x 472 x 59.4 x -251 x 27.2 x
FCF Yield -4.56% -2.53% 0.21% 1.68% -0.4% 3.67%
Price to Book 1.45 x 2.55 x 1.86 x 1.63 x 1.5 x 1.81 x
Nbr of stocks (in thousands) 289,057 291,797 290,683 289,789 289,057 289,057
Reference price 2 5.630 10.30 7.880 6.700 6.480 8.340
Announcement Date 19-04-18 20-04-27 21-04-26 22-04-19 23-04-27 24-04-18
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 576.6 582 645.4 683 847.5 1,049
EBITDA 1 98.13 88.25 105.5 94.49 103.1 130.1
EBIT 1 76.74 66.38 82.63 71.08 79.12 99.29
Operating Margin 13.31% 11.41% 12.8% 10.41% 9.33% 9.47%
Earnings before Tax (EBT) 1 72.35 68.53 77.63 47.25 69.82 86.03
Net income 1 65.41 60.91 69.18 39.45 53.85 71.55
Net margin 11.34% 10.46% 10.72% 5.78% 6.35% 6.82%
EPS 2 0.2500 0.2100 0.2400 0.1400 0.1900 0.2500
Free Cash Flow 1 -66.5 -73.68 4.741 32.14 -7.387 89.42
FCF margin -11.53% -12.66% 0.73% 4.71% -0.87% 8.53%
FCF Conversion (EBITDA) - - 4.49% 34.01% - 68.75%
FCF Conversion (Net income) - - 6.85% 81.46% - 124.98%
Dividend per Share 2 0.0500 0.0500 0.0500 0.0500 0.0500 0.0600
Announcement Date 19-04-18 20-04-27 21-04-26 22-04-19 23-04-27 24-04-18
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - 24.8
Net Cash position 1 168 95.4 54.8 33.6 19.6 -
Leverage (Debt/EBITDA) - - - - - 0.1907 x
Free Cash Flow 1 -66.5 -73.7 4.74 32.1 -7.39 89.4
ROE (net income / shareholders' equity) 6.23% 4.91% 5.52% 3.26% 4.69% 5.06%
ROA (Net income/ Total Assets) 3.58% 2.77% 3.18% 2.6% 2.92% 3.41%
Assets 1 1,826 2,196 2,177 1,518 1,845 2,101
Book Value Per Share 2 3.880 4.040 4.230 4.110 4.320 4.600
Cash Flow per Share 2 0.6100 0.8100 1.270 1.110 0.9400 0.9900
Capex 1 65.9 48.8 60.5 42.1 9.55 18.5
Capex / Sales 11.42% 8.39% 9.38% 6.16% 1.13% 1.76%
Announcement Date 19-04-18 20-04-27 21-04-26 22-04-19 23-04-27 24-04-18
1CNY in Million2CNY
Estimates
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