YONGXING SPECIAL MATERIALS TECHNOLOGY CO.,LTD Financials Yongxing Special Materials Technology Co.,Ltd
Equities
002756
CNE100001XB3
Commodity Chemicals
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 36.85 CNY | -5.39% |
|
-11.93% | -29.42% |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 6,462 | 20,844 | 60,089 | 38,222 | 28,146 | 19,284 | - | - |
| Enterprise Value (EV) 1 | 6,462 | 20,844 | 58,261 | 29,195 | 18,709 | 10,175 | 8,797 | 8,185 |
| P/E ratio | 18.9 x | 76.4 x | 67.6 x | 5.94 x | 8.25 x | 11.7 x | 9.92 x | 8.08 x |
| Yield | 2.54% | 0.57% | 0.34% | 5.42% | 3.83% | 3.06% | 3.19% | 4.19% |
| Capitalization / Revenue | 1.32 x | 4.19 x | 8.35 x | 2.45 x | 2.31 x | 1.99 x | 1.84 x | 1.64 x |
| EV / Revenue | 1.32 x | 4.19 x | 8.09 x | 1.87 x | 1.53 x | 1.05 x | 0.84 x | 0.69 x |
| EV / EBITDA | 12.4 x | 45.2 x | 49.5 x | 3.71 x | 4.11 x | 5.77 x | 4.42 x | 3.27 x |
| EV / FCF | - | - | 117 x | 4.72 x | 5.21 x | 9.67 x | 8.76 x | 5.72 x |
| FCF Yield | - | - | 0.86% | 21.2% | 19.2% | 10.3% | 11.4% | 17.5% |
| Price to Book | 1.9 x | 5.35 x | 11.9 x | 3.11 x | 2.17 x | 1.44 x | 1.3 x | 1.18 x |
| Nbr of stocks (in thousands) | 468,000 | 499,759 | 527,735 | 539,102 | 539,102 | 531,824 | - | - |
| Reference price 2 | 13.81 | 41.71 | 113.9 | 70.90 | 52.21 | 36.26 | 36.26 | 36.26 |
| Announcement Date | 2/28/20 | 4/13/21 | 4/25/22 | 3/12/23 | 4/29/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 4,909 | 4,973 | 7,199 | 15,579 | 12,189 | 9,713 | 10,497 | 11,785 |
| EBITDA 1 | 520.4 | 461.3 | 1,177 | 7,879 | 4,555 | 1,762 | 1,990 | 2,501 |
| EBIT 1 | 414.7 | 325.6 | 1,012 | 7,671 | 4,277 | 1,860 | 2,143 | 2,602 |
| Operating Margin | 8.45% | 6.55% | 14.06% | 49.24% | 35.09% | 19.15% | 20.41% | 22.08% |
| Earnings before Tax (EBT) 1 | 412.9 | 321.1 | 1,010 | 7,664 | 4,207 | 2,020 | 2,384 | 2,930 |
| Net income 1 | 343.6 | 258 | 887.1 | 6,320 | 3,407 | 1,575 | 1,698 | 2,135 |
| Net margin | 7% | 5.19% | 12.32% | 40.57% | 27.95% | 16.22% | 16.17% | 18.11% |
| EPS 2 | 0.7308 | 0.5462 | 1.685 | 11.93 | 6.330 | 3.098 | 3.655 | 4.488 |
| Free Cash Flow 1 | - | - | 498.3 | 6,185 | 3,589 | 1,052 | 1,004 | 1,431 |
| FCF margin | - | - | 6.92% | 39.7% | 29.45% | 10.83% | 9.57% | 12.14% |
| FCF Conversion (EBITDA) | - | - | 42.33% | 78.5% | 78.8% | 59.7% | 50.47% | 57.22% |
| FCF Conversion (Net income) | - | - | 56.18% | 97.87% | 105.36% | 66.78% | 59.17% | 67.04% |
| Dividend per Share 2 | 0.3508 | 0.2385 | 0.3846 | 3.846 | 2.000 | 1.110 | 1.158 | 1.520 |
| Announcement Date | 2/28/20 | 4/13/21 | 4/25/22 | 3/12/23 | 4/29/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2022 S1 | 2022 Q3 | 2022 S2 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2023 S2 | 2024 Q1 | 2024 Q2 | 2024 S1 | 2024 Q3 | 2024 Q4 | 2024 S2 | 2025 Q1 | 2025 Q2 | 2025 S1 | 2025 S2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | - | - | 9,164 | 3,319 | 3,048 | 2,485 | 5,533 | 2,300 | 2,876 | - | 2,641 | 2,153 | - | 2,989 | 2,972 | - | - |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT | - | - | 4,982 | - | - | - | 1,911 | - | - | 744.7 | - | - | 424.1 | - | - | 549.3 | 554.5 |
| Operating Margin | - | - | 54.36% | - | - | - | 34.54% | - | - | - | - | - | - | - | - | - | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net income | 2,263 | 2,007 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 8/8/22 | 10/27/22 | 3/12/23 | 8/28/23 | 10/30/23 | 4/29/24 | 4/29/24 | 4/29/24 | - | - | - | - | - | - | - | - | - |
1CNY in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | - | - | 1,828 | 9,027 | 9,438 | 9,109 | 10,487 | 11,099 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | - | - | 498 | 6,185 | 3,589 | 1,052 | 1,005 | 1,431 |
| ROE (net income / shareholders' equity) | 10.4% | 7.42% | 19.3% | 74.7% | 27.3% | 11.9% | 12.8% | 13.9% |
| ROA (Net income/ Total Assets) | 7.73% | 5.21% | 15.1% | - | 22% | 9.17% | 9.32% | 11.9% |
| Assets 1 | 4,443 | 4,952 | 5,865 | - | 15,465 | 17,180 | 18,210 | 17,982 |
| Book Value Per Share 2 | 7.270 | 7.790 | 9.540 | 22.80 | 24.10 | 25.20 | 28.00 | 30.70 |
| Cash Flow per Share 2 | 0.7400 | 1.070 | - | 12.30 | 7.320 | 3.310 | 3.650 | 4.720 |
| Capex 1 | 210 | 120 | 287 | 464 | 355 | 542 | 561 | 503 |
| Capex / Sales | 4.27% | 2.41% | 3.99% | 2.98% | 2.91% | 5.58% | 5.34% | 4.27% |
| Announcement Date | 2/28/20 | 4/13/21 | 4/25/22 | 3/12/23 | 4/29/24 | - | - | - |
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-
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
9
Last Close Price
36.26
CNY
Average target price
47.84
CNY
Spread / Average Target
+31.94%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -29.42% | 2.66B | |
| +3.37% | 103B | |
| -11.86% | 59.25B | |
| +68.10% | 47.15B | |
| +11.66% | 37.09B | |
| +0.42% | 31.09B | |
| +4.59% | 18.82B | |
| +14.08% | 16.97B | |
| +7.06% | 13.67B | |
| -8.41% | 12.77B |
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