SHENGTAK NEW MATERIAL CO., LTD |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 26.62 CNY | +0.95% |
|
+4.03% | +4.07% |
| 04-23 | Chinese Shares Fall Despite Regulatory Reforms, Analyst Upgrade; Shengtak New Material Falls 6% Despite Upbeat Earnings | MT |
| 04-23 | Shengtak New Material's 2023 Profit Jumps 64%; Shares Fall 6% | MT |
Valuation
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Capitalization 1 | 3,461 | 2,777 | 3,209 | 2,814 |
| Enterprise Value (EV) 1 | 3,169 | 2,615 | 3,015 | 2,998 |
| P/E ratio | 54.9 x | 53.4 x | 44 x | 23.4 x |
| Yield | 0.38% | 0.38% | 1.12% | 2.15% |
| Capitalization / Revenue | 3.93 x | 2.47 x | 2.66 x | 1.42 x |
| EV / Revenue | 3.6 x | 2.33 x | 2.5 x | 1.51 x |
| EV / EBITDA | 40.1 x | 45.8 x | 33.5 x | 18 x |
| EV / FCF | -26.1 x | -31 x | 173 x | -41.6 x |
| FCF Yield | -3.83% | -3.23% | 0.58% | -2.4% |
| Price to Book | 4.7 x | 3.58 x | 3.82 x | 3.05 x |
| Nbr of stocks (in thousands) | 110,000 | 110,000 | 110,000 | 110,000 |
| Reference price 2 | 31.46 | 25.25 | 29.17 | 25.58 |
| Announcement Date | 21-04-26 | 22-04-14 | 23-04-17 | 24-04-22 |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 873.7 | 904.6 | 881.2 | 1,123 | 1,207 | 1,981 |
| EBITDA 1 | 96.76 | 100.1 | 78.94 | 57.04 | 90 | 166.1 |
| EBIT 1 | 85.73 | 88.88 | 67.59 | 46.04 | 81.91 | 145.1 |
| Operating Margin | 9.81% | 9.83% | 7.67% | 4.1% | 6.79% | 7.33% |
| Earnings before Tax (EBT) 1 | 69.91 | 80.53 | 60.37 | 55.52 | 79.96 | 138 |
| Net income 1 | 61.01 | 69.88 | 52.11 | 52.34 | 73.45 | 120.5 |
| Net margin | 6.98% | 7.73% | 5.91% | 4.66% | 6.09% | 6.08% |
| EPS 2 | 0.7364 | 0.8455 | 0.5727 | 0.4727 | 0.6636 | 1.096 |
| Free Cash Flow 1 | 33.57 | 69.65 | -121.5 | -84.38 | 17.44 | -71.98 |
| FCF margin | 3.84% | 7.7% | -13.78% | -7.51% | 1.44% | -3.63% |
| FCF Conversion (EBITDA) | 34.69% | 69.58% | - | - | 19.37% | - |
| FCF Conversion (Net income) | 55.02% | 99.67% | - | - | 23.74% | - |
| Dividend per Share | - | - | 0.1182 | 0.0955 | 0.3273 | 0.5500 |
| Announcement Date | 19-06-21 | 20-08-13 | 21-04-26 | 22-04-14 | 23-04-17 | 24-04-22 |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | 184 |
| Net Cash position 1 | 35.4 | 86.6 | 292 | 162 | 194 | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | 1.107 x |
| Free Cash Flow 1 | 33.6 | 69.6 | -121 | -84.4 | 17.4 | -72 |
| ROE (net income / shareholders' equity) | 22.3% | 20.7% | 9.39% | 6.92% | 9.1% | 13.3% |
| ROA (Net income/ Total Assets) | 7.68% | 6.42% | 4.04% | 2.17% | 3.3% | 4.1% |
| Assets 1 | 794.1 | 1,089 | 1,288 | 2,416 | 2,223 | 2,942 |
| Book Value Per Share 2 | 3.690 | 4.510 | 6.700 | 7.060 | 7.630 | 8.400 |
| Cash Flow per Share 2 | 1.340 | 2.250 | 2.380 | 3.290 | 3.170 | 4.190 |
| Capex 1 | 9.21 | 37.3 | 7.66 | 47.6 | 97.3 | 98.9 |
| Capex / Sales | 1.05% | 4.12% | 0.87% | 4.24% | 8.06% | 4.99% |
| Announcement Date | 19-06-21 | 20-08-13 | 21-04-26 | 22-04-14 | 23-04-17 | 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. | |
|---|---|---|
| +4.07% | 400M | |
| -3.89% | 2.57B | |
| +26.53% | 1.6B | |
| -15.49% | 1.48B | |
| +11.78% | 1.43B | |
| -9.54% | 1.34B | |
| -6.34% | 1.13B | |
| -1.46% | 970M | |
| +12.11% | 763M | |
| -.--% | 680M |
- Stock Market
- Equities
- 300881 Stock
- Financials Shengtak New Material Co., Ltd