Financials Xinxing Ductile Iron Pipes Co., Ltd.

Equities

000778

CNE000000QG9

Iron & Steel

End-of-day quote Shenzhen S.E. 18:00:00 2024-04-25 EDT 5-day change 1st Jan Change
3.83 CNY -0.26% Intraday chart for Xinxing Ductile Iron Pipes Co., Ltd. -3.77% +0.26%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 16,642 14,543 17,112 14,554 15,231 15,271 - -
Enterprise Value (EV) 1 16,642 14,543 17,112 14,554 15,231 15,271 15,271 15,271
P/E ratio 11.1 x 8.1 x 8.61 x 8.69 x 11.3 x 8.7 x 7.74 x 8.15 x
Yield - - - 3.56% 1.57% 2.09% 3.66% 2.61%
Capitalization / Revenue 0.41 x 0.34 x - 0.3 x 0.35 x 0.36 x 0.32 x 0.33 x
EV / Revenue 0.41 x 0.34 x - 0.3 x 0.35 x 0.36 x 0.32 x 0.33 x
EV / EBITDA - 3.57 x - 3.85 x 4.66 x 3.5 x 3.27 x 4 x
EV / FCF - - - 16.2 x 20.5 x 14 x 5.72 x -
FCF Yield - - - 6.17% 4.87% 7.12% 17.5% -
Price to Book - 0.66 x - 0.59 x 0.6 x 0.57 x 0.54 x 0.52 x
Nbr of stocks (in thousands) 3,990,880 3,951,996 3,951,996 3,987,269 3,987,269 3,987,269 - -
Reference price 2 4.170 3.680 4.330 3.650 3.820 3.830 3.830 3.830
Announcement Date 20-04-24 21-04-12 22-04-18 23-04-10 24-04-10 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 40,890 42,961 - 47,760 43,253 42,782 47,232 45,768
EBITDA 1 - 4,077 - 3,780 3,270 4,358 4,674 3,816
EBIT 1 - 2,794 - 2,189 1,633 1,766 2,617 2,326
Operating Margin - 6.5% - 4.58% 3.77% 4.13% 5.54% 5.08%
Earnings before Tax (EBT) 1 - 2,708 - 2,276 1,607 1,771 2,620 2,338
Net income 1 - 1,812 - 1,676 1,351 1,404 1,984 1,888
Net margin - 4.22% - 3.51% 3.12% 3.28% 4.2% 4.13%
EPS 2 0.3751 0.4541 0.5028 0.4200 0.3385 0.4400 0.4950 0.4700
Free Cash Flow 1 - - - 898.6 741.4 1,088 2,671 -
FCF margin - - - 1.88% 1.71% 2.54% 5.66% -
FCF Conversion (EBITDA) - - - 23.77% 22.67% 24.97% 57.15% -
FCF Conversion (Net income) - - - 53.62% 54.88% 77.5% 134.64% -
Dividend per Share 2 - - - 0.1300 0.0600 0.0800 0.1400 0.1000
Announcement Date 20-04-24 21-04-12 22-04-18 23-04-10 24-04-10 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2022 2023 2024 2025 2026
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow 1 - - 899 741 1,088 2,671 -
ROE (net income / shareholders' equity) - 8.37% 7.01% 5.41% 5.27% 6.85% 6.2%
ROA (Net income/ Total Assets) - - - - 2.8% 3.93% 3.6%
Assets 1 - - - - 50,137 50,544 52,458
Book Value Per Share 2 - 5.540 6.180 6.380 6.670 7.130 7.420
Cash Flow per Share 2 - 0.7800 0.8100 0.4800 1.100 0.8700 0.6300
Capex 1 - 855 2,332 1,173 2,500 1,826 2,500
Capex / Sales - 1.99% 4.88% 2.71% 5.84% 3.87% 5.46%
Announcement Date 20-04-24 21-04-12 23-04-10 24-04-10 - - -
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
C
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
3.83 CNY
Average target price
4.6 CNY
Spread / Average Target
+20.10%
Consensus

Annual profits - Rate of surprise

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