HUBEI HEYUAN GAS CO.,LTD. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 28.21 CNY | -4.37% |
|
+0.43% | +1.77% |
Valuation
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Capitalization 1 | 2,827 | 3,766 | 2,894 | 4,435 |
| Enterprise Value (EV) 1 | 3,032 | 4,344 | 4,121 | 6,405 |
| P/E ratio | 31.6 x | 42 x | 38.5 x | 53.3 x |
| Yield | 1.13% | 0.42% | - | 0.36% |
| Capitalization / Revenue | 3.43 x | 3.8 x | 2.19 x | 2.68 x |
| EV / Revenue | 3.68 x | 4.38 x | 3.12 x | 3.87 x |
| EV / EBITDA | 18.5 x | 24.7 x | 19.9 x | 26.8 x |
| EV / FCF | -24.4 x | -9.85 x | -9.34 x | -32.4 x |
| FCF Yield | -4.1% | -10.2% | -10.7% | -3.09% |
| Price to Book | 2.6 x | 3.29 x | 2.4 x | 3.43 x |
| Nbr of stocks (in thousands) | 160,000 | 160,000 | 160,000 | 160,000 |
| Reference price 2 | 17.67 | 23.54 | 18.09 | 27.72 |
| Announcement Date | 21-04-14 | 22-04-20 | 23-04-25 | 24-04-22 |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 624.6 | 665.6 | 824.1 | 991.8 | 1,322 | 1,655 |
| EBITDA 1 | 159.5 | 178.3 | 163.6 | 175.8 | 207.2 | 239.4 |
| EBIT 1 | 117.5 | 133.4 | 114.7 | 118.8 | 127.7 | 136.1 |
| Operating Margin | 18.82% | 20.04% | 13.91% | 11.98% | 9.66% | 8.23% |
| Earnings before Tax (EBT) 1 | 91.52 | 99.26 | 96.19 | 99.99 | 89.24 | 95.49 |
| Net income 1 | 75.36 | 84.53 | 87.09 | 90.23 | 75.17 | 83.77 |
| Net margin | 12.06% | 12.7% | 10.57% | 9.1% | 5.69% | 5.06% |
| EPS 2 | 0.6300 | 0.7000 | 0.5600 | 0.5600 | 0.4700 | 0.5200 |
| Free Cash Flow 1 | -12.83 | 5.9 | -124.2 | -441.2 | -441.5 | -198 |
| FCF margin | -2.05% | 0.89% | -15.07% | -44.48% | -33.41% | -11.96% |
| FCF Conversion (EBITDA) | - | 3.31% | - | - | - | - |
| FCF Conversion (Net income) | - | 6.98% | - | - | - | - |
| Dividend per Share | - | - | 0.2000 | 0.1000 | - | 0.1000 |
| Announcement Date | 20-04-28 | 20-04-28 | 21-04-14 | 22-04-20 | 23-04-25 | 24-04-22 |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 344 | 427 | 205 | 578 | 1,227 | 1,969 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 2.158 x | 2.395 x | 1.253 x | 3.285 x | 5.922 x | 8.227 x |
| Free Cash Flow 1 | -12.8 | 5.9 | -124 | -441 | -441 | -198 |
| ROE (net income / shareholders' equity) | 15.4% | 14.8% | 10.2% | 8.09% | 6.4% | 6.68% |
| ROA (Net income/ Total Assets) | 7.67% | 7.4% | 4.7% | 3.57% | 3.03% | 2.43% |
| Assets 1 | 982.7 | 1,143 | 1,852 | 2,525 | 2,483 | 3,453 |
| Book Value Per Share 2 | 4.400 | 5.100 | 6.800 | 7.150 | 7.520 | 8.080 |
| Cash Flow per Share 2 | 0.3200 | 0.4100 | 1.790 | 1.980 | 1.460 | 1.510 |
| Capex 1 | 53.8 | 90.9 | 138 | 345 | 606 | 457 |
| Capex / Sales | 8.61% | 13.66% | 16.7% | 34.76% | 45.83% | 27.59% |
| Announcement Date | 20-04-28 | 20-04-28 | 21-04-14 | 22-04-20 | 23-04-25 | 24-04-22 |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +1.77% | 625M | |
| +5.77% | 209B | |
| +24.47% | 13.05B | |
| +38.55% | 7.97B | |
| -6.37% | 3.72B | |
| +22.06% | 3.44B | |
| +23.74% | 3.36B | |
| -10.14% | 1.87B | |
| +10.01% | 1.77B | |
| -21.17% | 1.26B |
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