Financials Zhe Jiang Hai Liang Co., Ltd

Equities

002203

CNE1000008X5

Specialty Mining & Metals

End-of-day quote Shenzhen S.E. 18:00:00 2024-04-29 EDT 5-day change 1st Jan Change
9.23 CNY -2.02% Intraday chart for Zhe Jiang Hai Liang Co., Ltd -2.12% -17.22%

Valuation

Fiscal Period: December 2019 2020 2022 2023 2024 2025
Capitalization 1 20,009 14,155 22,224 22,244 18,444 -
Enterprise Value (EV) 1 20,009 14,155 22,224 22,244 18,444 18,444
P/E ratio 18.5 x 22.6 x 18.8 x 21.9 x 10.6 x 6.59 x
Yield - - - - - -
Capitalization / Revenue - 0.31 x - 0.29 x 0.19 x 0.15 x
EV / Revenue - 0.31 x - 0.29 x 0.19 x 0.15 x
EV / EBITDA - - - 11.7 x 6.04 x 4.5 x
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book - 1.57 x - 1.65 x 1.18 x 1.01 x
Nbr of stocks (in thousands) 1,952,107 1,915,450 1,966,739 1,994,967 1,998,320 -
Reference price 2 10.25 7.390 11.30 11.15 9.230 9.230
Announcement Date 20-02-27 21-04-14 23-04-24 24-04-29 - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2022 2023 2024 2025
Net sales 1 - 46,410 - 75,589 96,758 120,157
EBITDA 1 - - - 1,902 3,055 4,102
EBIT 1 - 891.7 - 1,376 2,155 3,482
Operating Margin - 1.92% - 1.82% 2.23% 2.9%
Earnings before Tax (EBT) 1 - 895.2 - 1,374 2,159 3,486
Net income 1 1,061 677.8 1,208 1,118 1,727 2,790
Net margin - 1.46% - 1.48% 1.78% 2.32%
EPS 2 0.5554 0.3267 0.6000 0.5100 0.8700 1.400
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 20-02-27 21-04-14 23-04-24 24-04-29 - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2022 2023 2024 2025
Net Debt - - - - - -
Net Cash position - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) - 7.01% - 8.4% 11.1% 15.4%
ROA (Net income/ Total Assets) - - - - 4.4% 6.1%
Assets 1 - - - - 39,246 45,734
Book Value Per Share 2 - 4.690 - 6.760 7.820 9.120
Cash Flow per Share 2 - 0.3600 - -0.3900 0.4400 0.7500
Capex 1 - - - 2,146 749 593
Capex / Sales - - - 2.84% 0.77% 0.49%
Announcement Date 20-02-27 21-04-14 23-04-24 24-04-29 - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
9.23 CNY
Average target price
15 CNY
Spread / Average Target
+62.51%
Consensus

Annual profits - Rate of surprise

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