Financials Sunstone Development Co., Ltd.

Equities

603612

CNE100002R73

Commodity Chemicals

End-of-day quote Shanghai S.E. 18:00:00 2024-06-27 EDT 5-day change 1st Jan Change
12.76 CNY +2.74% Intraday chart for Sunstone Development Co., Ltd. -0.78% -17.09%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 4,175 5,927 9,438 11,985 8,324 6,901 - -
Enterprise Value (EV) 1 4,175 5,927 9,438 11,985 8,324 6,901 6,901 6,901
P/E ratio 47.7 x 23.2 x 14.8 x 13.3 x -11 x 24.4 x 11.9 x 8.43 x
Yield 0.51% - 2.29% 1.58% 3.64% 0.63% 1.25% 1.72%
Capitalization / Revenue 0.96 x 1.01 x 1 x 0.62 x 0.54 x 0.44 x 0.36 x 0.3 x
EV / Revenue 0.96 x 1.01 x 1 x 0.62 x 0.54 x 0.44 x 0.36 x 0.3 x
EV / EBITDA - - - - -23.1 x 5.81 x 4.59 x 3.7 x
EV / FCF - - -5,021,772 x -9,273,551 x 23,610,622 x - - -
FCF Yield - - -0% -0% 0% - - -
Price to Book 1.61 x 1.62 x 2.09 x 2.2 x 1.48 x 1.17 x 1.07 x 0.95 x
Nbr of stocks (in thousands) 336,987 433,580 459,936 460,618 540,846 540,846 - -
Reference price 2 12.39 13.67 20.52 26.02 15.39 12.76 12.76 12.76
Announcement Date 20-04-28 21-04-28 22-04-14 23-04-27 24-04-29 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 4,372 5,851 9,458 19,401 15,311 15,815 19,075 22,980
EBITDA 1 - - - - -361 1,188 1,505 1,865
EBIT 1 150.6 382.4 972.1 1,473 -890.9 405 803.7 1,163
Operating Margin 3.44% 6.54% 10.28% 7.59% -5.82% 2.56% 4.21% 5.06%
Earnings before Tax (EBT) 1 103.8 368.4 962.8 1,459 -907.3 390 788.7 1,147
Net income 1 86.45 214.1 620 905.2 -722.7 284 582.5 818.2
Net margin 1.98% 3.66% 6.56% 4.67% -4.72% 1.8% 3.05% 3.56%
EPS 2 0.2600 0.5900 1.390 1.960 -1.400 0.5233 1.077 1.513
Free Cash Flow - - -1,879 -1,292 352.5 - - -
FCF margin - - -19.87% -6.66% 2.3% - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 0.0630 - 0.4700 0.4100 0.5600 0.0800 0.1600 0.2200
Announcement Date 20-04-28 21-04-28 22-04-14 23-04-27 24-04-29 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - -1,879 -1,292 353 - - -
ROE (net income / shareholders' equity) 3.48% 7.22% 15.3% 18.6% -12% 4.81% 9% 11.3%
ROA (Net income/ Total Assets) 1.27% 2.64% - - -4.21% 2.15% 3.7% 4.7%
Assets 1 6,834 8,121 - - 17,180 13,209 15,743 17,409
Book Value Per Share 2 7.700 8.450 9.810 11.80 10.40 10.90 12.00 13.40
Cash Flow per Share 2 -0.6400 0.7900 -2.590 -0.7400 3.050 2.570 1.610 2.060
Capex 1 567 669 686 950 1,298 725 750 750
Capex / Sales 12.98% 11.43% 7.25% 4.9% 8.48% 4.58% 3.93% 3.26%
Announcement Date 20-04-28 21-04-28 22-04-14 23-04-27 24-04-29 - - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
12.76 CNY
Average target price
19 CNY
Spread / Average Target
+48.90%
Consensus

Annual profits - Rate of surprise

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