XINJIANG JOINWORLD CO., LTD. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 7.97 CNY | -0.50% |
|
-3.04% | +10.08% |
| 04-24 | Xinjiang Joinworld Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
| 03-19 | Xinjiang Joinworld's Profit Stays Flat in 2023 as Revenue Falls 16% | MT |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 3,602 | 4,753 | 6,189 | 11,143 | 11,035 | 9,772 |
| Enterprise Value (EV) 1 | 6,745 | 7,762 | 9,468 | 13,251 | 12,386 | 10,616 |
| P/E ratio | 19.3 x | 30.3 x | 17.6 x | 11.9 x | 7.09 x | 6.26 x |
| Yield | 1.67% | 1.31% | 1.82% | 2.3% | 4.27% | 1.66% |
| Capitalization / Revenue | 0.74 x | 1 x | 1.08 x | 1.35 x | 1.43 x | 1.5 x |
| EV / Revenue | 1.38 x | 1.63 x | 1.66 x | 1.61 x | 1.6 x | 1.62 x |
| EV / EBITDA | 9.95 x | 12.4 x | 12.7 x | 11.9 x | 10.5 x | 10.2 x |
| EV / FCF | 73.4 x | -83.5 x | -108 x | 40.5 x | 8.83 x | 16.8 x |
| FCF Yield | 1.36% | -1.2% | -0.93% | 2.47% | 11.3% | 5.96% |
| Price to Book | 1.01 x | 1.07 x | 1.29 x | 1.63 x | 1.32 x | 1.01 x |
| Nbr of stocks (in thousands) | 861,802 | 1,035,473 | 1,024,705 | 1,347,405 | 1,347,365 | 1,349,727 |
| Reference price 2 | 4.180 | 4.590 | 6.040 | 8.270 | 8.190 | 7.240 |
| Announcement Date | 19-04-12 | 20-03-23 | 21-03-09 | 22-03-28 | 23-04-03 | 24-03-18 |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 4,871 | 4,748 | 5,717 | 8,226 | 7,735 | 6,535 |
| EBITDA 1 | 677.9 | 624.8 | 745.4 | 1,110 | 1,176 | 1,041 |
| EBIT 1 | 342.4 | 281.4 | 354.9 | 676.4 | 702.5 | 542.3 |
| Operating Margin | 7.03% | 5.93% | 6.21% | 8.22% | 9.08% | 8.3% |
| Earnings before Tax (EBT) 1 | 196.6 | 157.9 | 359.3 | 867.4 | 1,637 | 1,640 |
| Net income 1 | 181.4 | 140.5 | 351.1 | 853 | 1,548 | 1,561 |
| Net margin | 3.72% | 2.96% | 6.14% | 10.37% | 20.01% | 23.89% |
| EPS 2 | 0.2168 | 0.1517 | 0.3426 | 0.6925 | 1.155 | 1.157 |
| Free Cash Flow 1 | 91.96 | -92.96 | -87.61 | 327.6 | 1,403 | 632.3 |
| FCF margin | 1.89% | -1.96% | -1.53% | 3.98% | 18.13% | 9.68% |
| FCF Conversion (EBITDA) | 13.57% | - | - | 29.51% | 119.25% | 60.73% |
| FCF Conversion (Net income) | 50.7% | - | - | 38.4% | 90.62% | 40.49% |
| Dividend per Share 2 | 0.0700 | 0.0600 | 0.1100 | 0.1900 | 0.3500 | 0.1200 |
| Announcement Date | 19-04-12 | 20-03-23 | 21-03-09 | 22-03-28 | 23-04-03 | 24-03-18 |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 3,143 | 3,009 | 3,279 | 2,108 | 1,351 | 844 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 4.636 x | 4.816 x | 4.399 x | 1.899 x | 1.149 x | 0.811 x |
| Free Cash Flow 1 | 92 | -93 | -87.6 | 328 | 1,403 | 632 |
| ROE (net income / shareholders' equity) | 5.2% | 3.47% | 7.45% | 14.5% | 20.3% | 17.2% |
| ROA (Net income/ Total Assets) | 2.08% | 1.59% | 1.9% | 3.3% | 3.1% | 2.18% |
| Assets 1 | 8,714 | 8,839 | 18,520 | 25,876 | 49,861 | 71,542 |
| Book Value Per Share 2 | 4.150 | 4.290 | 4.680 | 5.080 | 6.200 | 7.140 |
| Cash Flow per Share 2 | 2.300 | 2.000 | 1.460 | 1.510 | 1.410 | 2.270 |
| Capex 1 | 267 | 392 | 250 | 199 | 190 | 272 |
| Capex / Sales | 5.47% | 8.26% | 4.38% | 2.42% | 2.45% | 4.17% |
| Announcement Date | 19-04-12 | 20-03-23 | 21-03-09 | 22-03-28 | 23-04-03 | 24-03-18 |
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. | |
|---|---|---|
| +10.08% | 1.52B | |
| +32.93% | 79.11B | |
| +64.11% | 73.92B | |
| -4.44% | 34.26B | |
| -7.81% | 31.58B | |
| -9.40% | 13.91B | |
| -7.26% | 10.62B | |
| +11.21% | 10.05B | |
| -7.65% | 9.78B | |
| +34.00% | 8.89B |
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