Financials Ningbo Ligong Environment And Energy Technology Co.,Ltd

Equities

002322

CNE100000J18

Software

End-of-day quote Shenzhen S.E. 18:00:00 2024-04-29 EDT 5-day change 1st Jan Change
14.11 CNY +0.79% Intraday chart for Ningbo Ligong Environment And Energy Technology Co.,Ltd +2.39% +10.23%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 3,602 4,410 4,176 4,400 3,323 4,763
Enterprise Value (EV) 1 3,379 4,140 3,778 3,946 2,749 3,862
P/E ratio 13.8 x 14.2 x 17.8 x 63.1 x 15.7 x 19.7 x
Yield 5.51% 5.06% 5.79% 1.67% 0.56% 6.64%
Capitalization / Revenue 3.62 x 4.39 x 3.67 x 3.96 x 3.42 x 4.34 x
EV / Revenue 3.39 x 4.12 x 3.32 x 3.55 x 2.83 x 3.52 x
EV / EBITDA 9.83 x 12.5 x 10.9 x 11.9 x 10.3 x 12.6 x
EV / FCF 16 x 15.3 x 31.1 x 17 x 16.2 x 16.1 x
FCF Yield 6.24% 6.52% 3.22% 5.89% 6.17% 6.23%
Price to Book 1.17 x 1.48 x 1.35 x 1.53 x 1.08 x 1.49 x
Nbr of stocks (in thousands) 396,662 372,148 372,148 366,982 372,148 372,148
Reference price 2 9.080 11.85 11.22 11.99 8.930 12.80
Announcement Date 19-04-23 20-04-24 21-04-23 22-04-22 23-04-26 24-04-11
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 995.9 1,005 1,138 1,112 972.8 1,098
EBITDA 1 343.7 331 347.5 330.6 266.4 307.3
EBIT 1 306.1 288.2 301.1 271.7 199.1 240.3
Operating Margin 30.73% 28.67% 26.46% 24.43% 20.46% 21.88%
Earnings before Tax (EBT) 1 270.7 340.8 262.6 111.5 241.4 276.3
Net income 1 256.6 311.6 234.1 71.05 214.6 245.9
Net margin 25.76% 31% 20.58% 6.39% 22.06% 22.39%
EPS 2 0.6600 0.8359 0.6290 0.1900 0.5700 0.6500
Free Cash Flow 1 211 269.8 121.5 232.4 169.6 240.5
FCF margin 21.18% 26.84% 10.68% 20.9% 17.44% 21.89%
FCF Conversion (EBITDA) 61.39% 81.51% 34.97% 70.31% 63.66% 78.24%
FCF Conversion (Net income) 82.24% 86.59% 51.91% 327.14% 79.03% 97.78%
Dividend per Share 2 0.5000 0.6000 0.6500 0.2000 0.0500 0.8500
Announcement Date 19-04-23 20-04-24 21-04-23 22-04-22 23-04-26 24-04-11
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 223 270 398 455 575 901
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 211 270 122 232 170 240
ROE (net income / shareholders' equity) 8.46% 10.5% 7.72% 2.37% 7.15% 7.66%
ROA (Net income/ Total Assets) 5.45% 4.96% 5.07% 4.83% 3.63% 4.15%
Assets 1 4,710 6,288 4,617 1,471 5,910 5,919
Book Value Per Share 2 7.740 8.010 8.280 7.860 8.290 8.610
Cash Flow per Share 2 1.360 1.150 1.060 1.280 1.590 2.360
Capex 1 44.7 83.4 88.2 40.8 20.9 15.4
Capex / Sales 4.49% 8.3% 7.75% 3.67% 2.15% 1.4%
Announcement Date 19-04-23 20-04-24 21-04-23 22-04-22 23-04-26 24-04-11
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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