Financials Zhejiang Jiaao Enprotech Stock Co., Ltd

Equities

603822

CNE100002789

Specialty Chemicals

End-of-day quote Shanghai S.E. 18:00:00 2024-06-26 EDT 5-day change 1st Jan Change
18.94 CNY -2.22% Intraday chart for Zhejiang Jiaao Enprotech Stock Co., Ltd -0.05% -31.90%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,708 2,003 1,362 3,016 2,620 2,130
Enterprise Value (EV) 1 2,008 2,359 2,105 3,991 4,001 3,812
P/E ratio 31.8 x 32.8 x 36.7 x 30.5 x -78.5 x 1,030 x
Yield 0.98% 0.93% 0.82% 0.67% - -
Capitalization / Revenue 1.64 x 1.6 x 1.11 x 1.57 x 0.82 x 0.8 x
EV / Revenue 1.93 x 1.88 x 1.71 x 2.08 x 1.25 x 1.43 x
EV / EBITDA 17.5 x 18.8 x 18.7 x 19.7 x 73.1 x 28.8 x
EV / FCF -16.3 x 235 x -5.57 x -26.3 x -8.16 x -6.76 x
FCF Yield -6.12% 0.43% -17.9% -3.8% -12.3% -14.8%
Price to Book 2.28 x 2.57 x 1.65 x 3.34 x 2.51 x 2.04 x
Nbr of stocks (in thousands) 73,354 73,355 73,357 72,518 76,563 76,574
Reference price 2 23.29 27.30 18.57 41.59 34.22 27.81
Announcement Date 19-03-04 20-02-17 21-04-29 22-04-06 23-04-20 24-04-26
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,039 1,254 1,230 1,916 3,211 2,666
EBITDA 1 115 125.7 112.7 203.1 54.77 132.6
EBIT 1 78.93 90.38 64.93 141.8 -8.206 39.31
Operating Margin 7.59% 7.21% 5.28% 7.4% -0.26% 1.47%
Earnings before Tax (EBT) 1 55.71 67.4 39.18 104.3 -66.44 -21.28
Net income 1 53.75 61.13 37.17 102.1 -32.44 2.089
Net margin 5.17% 4.88% 3.02% 5.33% -1.01% 0.08%
EPS 2 0.7328 0.8334 0.5066 1.365 -0.4362 0.0270
Free Cash Flow 1 -122.9 10.04 -377.7 -151.6 -490.5 -563.6
FCF margin -11.83% 0.8% -30.71% -7.91% -15.27% -21.14%
FCF Conversion (EBITDA) - 7.99% - - - -
FCF Conversion (Net income) - 16.43% - - - -
Dividend per Share 2 0.2280 0.2550 0.1520 0.2790 - -
Announcement Date 19-03-04 20-02-17 21-04-29 22-04-06 23-04-20 24-04-26
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 299 356 742 975 1,381 1,683
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 2.603 x 2.835 x 6.586 x 4.8 x 25.22 x 12.69 x
Free Cash Flow 1 -123 10 -378 -152 -491 -564
ROE (net income / shareholders' equity) 7.4% 8.03% 4.82% 11.5% -3.08% 0.42%
ROA (Net income/ Total Assets) 3.56% 3.76% 2.26% 3.94% -0.19% 0.75%
Assets 1 1,511 1,626 1,648 2,590 17,210 277.1
Book Value Per Share 2 10.20 10.60 11.30 12.50 13.60 13.70
Cash Flow per Share 2 3.430 2.890 4.050 4.640 2.990 2.100
Capex 1 75.1 169 215 257 302 849
Capex / Sales 7.23% 13.51% 17.47% 13.39% 9.41% 31.85%
Announcement Date 19-03-04 20-02-17 21-04-29 22-04-06 23-04-20 24-04-26
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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