End-of-day quote
Shenzhen S.E.
18:00:00 2024-05-19 EDT
|
5-day change
|
1st Jan Change
|
19.36
CNY
|
+2.38%
|
|
-2.71%
|
+31.25%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
17,424
|
32,011
|
68,854
|
52,115
|
49,589
|
65,087
|
-
|
-
|
Enterprise Value (EV)
1 |
19,964
|
32,011
|
75,628
|
59,483
|
57,805
|
74,910
|
73,655
|
72,616
|
P/E ratio
|
13.7
x
|
17.2
x
|
11.5
x
|
17
x
|
10.4
x
|
10.8
x
|
8.95
x
|
7.4
x
|
Yield
|
1.1%
|
-
|
0.87%
|
2.58%
|
2.71%
|
2.66%
|
2.97%
|
3.84%
|
Capitalization / Revenue
|
1.62
x
|
2.97
x
|
2.41
x
|
1.41
x
|
1.2
x
|
1.37
x
|
1.17
x
|
1.01
x
|
EV / Revenue
|
1.85
x
|
2.97
x
|
2.65
x
|
1.61
x
|
1.39
x
|
1.58
x
|
1.32
x
|
1.13
x
|
EV / EBITDA
|
9.44
x
|
12.2
x
|
9.13
x
|
11.4
x
|
7.22
x
|
6.85
x
|
5.88
x
|
4.83
x
|
EV / FCF
|
-16.6
x
|
-
|
-
|
-
|
10.3
x
|
-386
x
|
11
x
|
8.93
x
|
FCF Yield
|
-6.03%
|
-
|
-
|
-
|
9.68%
|
-0.26%
|
9.08%
|
11.2%
|
Price to Book
|
1.89
x
|
2.35
x
|
2.53
x
|
2.47
x
|
1.95
x
|
2.17
x
|
1.81
x
|
1.52
x
|
Nbr of stocks (in thousands)
|
2,922,633
|
3,360,956
|
3,369,423
|
3,362,263
|
3,361,946
|
3,361,946
|
-
|
-
|
Reference price
2 |
5.962
|
9.524
|
20.44
|
15.50
|
14.75
|
19.36
|
19.36
|
19.36
|
Announcement Date
|
2/28/20
|
2/22/21
|
3/21/22
|
4/28/23
|
3/12/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
10,779
|
10,773
|
28,557
|
37,044
|
41,487
|
47,552
|
55,753
|
64,247
|
EBITDA
1 |
2,115
|
2,626
|
8,287
|
5,202
|
8,004
|
10,939
|
12,516
|
15,025
|
EBIT
1 |
1,447
|
1,913
|
6,977
|
3,448
|
5,378
|
6,908
|
8,451
|
10,214
|
Operating Margin
|
13.42%
|
17.76%
|
24.43%
|
9.31%
|
12.96%
|
14.53%
|
15.16%
|
15.9%
|
Earnings before Tax (EBT)
1 |
1,452
|
1,907
|
6,993
|
3,445
|
5,368
|
6,877
|
8,333
|
10,100
|
Net income
1 |
1,273
|
1,661
|
6,007
|
3,062
|
4,789
|
6,025
|
7,286
|
8,808
|
Net margin
|
11.81%
|
15.42%
|
21.03%
|
8.27%
|
11.54%
|
12.67%
|
13.07%
|
13.71%
|
EPS
2 |
0.4339
|
0.5542
|
1.777
|
0.9100
|
1.420
|
1.789
|
2.163
|
2.615
|
Free Cash Flow
1 |
-1,203
|
-
|
-
|
-
|
5,594
|
-194
|
6,690
|
8,130
|
FCF margin
|
-11.16%
|
-
|
-
|
-
|
13.48%
|
-0.41%
|
12%
|
12.65%
|
FCF Conversion (EBITDA)
|
-
|
-
|
-
|
-
|
69.89%
|
-
|
53.45%
|
54.11%
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
-
|
116.79%
|
-
|
91.82%
|
92.3%
|
Dividend per Share
2 |
0.0656
|
-
|
0.1787
|
0.4000
|
0.4000
|
0.5149
|
0.5755
|
0.7438
|
Announcement Date
|
2/28/20
|
2/22/21
|
3/21/22
|
4/28/23
|
3/12/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
---|
Net sales
1 |
8,539
|
8,138
|
10,676
|
8,956
|
9,274
|
10,599
|
10,868
|
10,605
|
8,805
|
10,632
|
11,075
|
13,789
|
-
|
-
|
EBITDA
|
2,400
|
-
|
1,903
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
1,919
|
1,797
|
1,538
|
220.8
|
-107.5
|
1,310
|
1,732
|
1,520
|
1,176
|
1,599
|
1,745
|
2,198
|
-
|
-
|
Operating Margin
|
22.47%
|
22.08%
|
14.4%
|
2.46%
|
-1.16%
|
12.36%
|
15.93%
|
14.33%
|
13.35%
|
15.04%
|
15.75%
|
15.94%
|
-
|
-
|
Earnings before Tax (EBT)
1 |
-
|
-
|
-
|
-
|
-
|
1,303
|
1,736
|
1,513
|
1,176
|
1,567
|
1,603
|
2,041
|
-
|
-
|
Net income
1 |
-
|
-
|
-
|
-
|
45.75
|
1,133
|
1,551
|
1,396
|
1,023
|
1,721
|
1,603
|
1,140
|
-
|
-
|
Net margin
|
-
|
-
|
-
|
-
|
0.49%
|
10.69%
|
14.27%
|
13.16%
|
11.61%
|
16.19%
|
14.47%
|
8.27%
|
-
|
-
|
EPS
2 |
0.5156
|
0.4543
|
0.1929
|
0.0900
|
-0.3400
|
0.3400
|
0.4600
|
0.4100
|
0.3000
|
0.5109
|
0.4758
|
0.3384
|
-
|
-
|
Dividend per Share
2 |
0.0868
|
-
|
0.2900
|
-
|
0.4000
|
-
|
-
|
-
|
-
|
0.1222
|
0.1222
|
0.1222
|
0.1687
|
0.1687
|
Announcement Date
|
3/21/22
|
4/26/22
|
8/29/22
|
10/24/22
|
4/28/23
|
7/17/23
|
10/24/23
|
3/12/24
|
4/22/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
2,540
|
-
|
6,774
|
7,368
|
8,216
|
9,823
|
8,567
|
7,529
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
1.201
x
|
-
|
0.8174
x
|
1.416
x
|
1.027
x
|
0.898
x
|
0.6845
x
|
0.5011
x
|
Free Cash Flow
1 |
-1,203
|
-
|
-
|
-
|
5,594
|
-194
|
6,690
|
8,130
|
ROE (net income / shareholders' equity)
|
14.8%
|
15.9%
|
36.4%
|
14.9%
|
19.7%
|
20%
|
20.7%
|
20.9%
|
ROA (Net income/ Total Assets)
|
8.04%
|
6.61%
|
14.8%
|
-
|
-
|
8.07%
|
9.12%
|
9.65%
|
Assets
1 |
15,832
|
25,132
|
40,517
|
-
|
-
|
74,664
|
79,891
|
91,308
|
Book Value Per Share
2 |
3.160
|
4.060
|
8.070
|
6.270
|
7.560
|
8.940
|
10.70
|
12.80
|
Cash Flow per Share
2 |
0.4600
|
-0.1500
|
1.090
|
1.760
|
2.370
|
3.040
|
3.570
|
4.260
|
Capex
1 |
2,547
|
5,277
|
4,060
|
2,487
|
2,403
|
7,459
|
7,334
|
7,632
|
Capex / Sales
|
23.63%
|
48.99%
|
14.22%
|
6.71%
|
5.79%
|
15.69%
|
13.15%
|
11.88%
|
Announcement Date
|
2/28/20
|
2/22/21
|
3/21/22
|
4/28/23
|
3/12/24
|
-
|
-
|
-
|
Last Close Price
19.36
CNY Average target price
21.45
CNY Spread / Average Target +10.81% Consensus |
1st Jan change
|
Capi.
|
---|
| +31.25% | 8.8B | | +5.31% | 106B | | -6.47% | 63.94B | | +72.86% | 49.34B | | +16.94% | 39.15B | | +5.28% | 32.86B | | +14.48% | 20.29B | | +15.10% | 17.21B | | +18.07% | 15.28B | | +4.83% | 14.58B |
Other Commodity Chemicals
|