ZHEJIANG SANMEI CHEMICAL INDUSTRY CO.,LTD. Financials Zhejiang Sanmei Chemical Industry Co.,Ltd.
Equities
603379
CNE100003LM1
Commodity Chemicals
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 46.15 CNY | -0.71% |
|
+8.64% | +35.74% |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 16,287 | 11,660 | 13,907 | 17,187 | 20,569 | 27,919 | - | - |
| Enterprise Value (EV) 1 | 16,287 | 11,660 | 13,907 | 17,187 | 17,382 | 24,295 | 23,503 | 22,399 |
| P/E ratio | 24.4 x | 53.1 x | 25.9 x | 35.6 x | 73.9 x | 31.9 x | 25.8 x | 23 x |
| Yield | - | - | 0.75% | 0.84% | 0.68% | 1.09% | 1.46% | 1.68% |
| Capitalization / Revenue | 4.14 x | - | 3.44 x | 3.6 x | 6.17 x | 5.6 x | 4.96 x | 4.63 x |
| EV / Revenue | 4.14 x | - | 3.44 x | 3.6 x | 5.21 x | 4.87 x | 4.17 x | 3.71 x |
| EV / EBITDA | - | - | - | 22.7 x | 40.9 x | 18 x | 13.9 x | 11.5 x |
| EV / FCF | - | - | 136 x | 84.7 x | -114 x | -27.7 x | 30.8 x | 113 x |
| FCF Yield | - | - | 0.74% | 1.18% | -0.87% | -3.61% | 3.25% | 0.88% |
| Price to Book | - | - | 2.63 x | 3.04 x | 3.52 x | 4.24 x | 3.75 x | 3.42 x |
| Nbr of stocks (in thousands) | 610,479 | 610,479 | 610,479 | 603,899 | 604,962 | 604,962 | - | - |
| Reference price 2 | 26.68 | 19.10 | 22.78 | 28.46 | 34.00 | 46.15 | 46.15 | 46.15 |
| Announcement Date | 20-04-24 | 21-04-21 | 22-04-21 | 23-04-20 | 24-04-29 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 3,935 | - | 4,048 | 4,771 | 3,334 | 4,987 | 5,632 | 6,034 |
| EBITDA 1 | - | - | - | 758.7 | 425.3 | 1,349 | 1,685 | 1,948 |
| EBIT 1 | - | - | 712.8 | 647.5 | 298.7 | 1,139 | 1,417 | 1,579 |
| Operating Margin | - | - | 17.61% | 13.57% | 8.96% | 22.84% | 25.17% | 26.17% |
| Earnings before Tax (EBT) 1 | - | - | 703.4 | 643.2 | 375.4 | 1,175 | 1,454 | 1,631 |
| Net income 1 | - | 221.8 | 536.2 | 485.6 | 279.6 | 882.4 | 1,095 | 1,227 |
| Net margin | - | - | 13.24% | 10.18% | 8.39% | 17.69% | 19.44% | 20.34% |
| EPS 2 | 1.093 | 0.3600 | 0.8800 | 0.8000 | 0.4600 | 1.445 | 1.792 | 2.011 |
| Free Cash Flow 1 | - | - | 102.2 | 202.9 | -152.1 | -877 | 763 | 198 |
| FCF margin | - | - | 2.53% | 4.25% | -4.56% | -17.58% | 13.55% | 3.28% |
| FCF Conversion (EBITDA) | - | - | - | 26.74% | - | - | 45.28% | 10.16% |
| FCF Conversion (Net income) | - | - | 19.07% | 41.79% | - | - | 69.69% | 16.13% |
| Dividend per Share 2 | - | - | 0.1700 | 0.2390 | 0.2300 | 0.5038 | 0.6742 | 0.7752 |
| Announcement Date | 20-04-24 | 21-04-21 | 22-04-21 | 23-04-20 | 24-04-29 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2023 Q3 | 2023 Q4 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 724.8 | 1,707 | 1,357 | - | - | - |
| EBITDA | - | - | - | - | - | - | - |
| EBIT 1 | - | -18.4 | 726.4 | 397.1 | 634.3 | - | - |
| Operating Margin | - | -2.54% | 42.56% | 29.25% | - | - | - |
| Earnings before Tax (EBT) 1 | - | 63.21 | 694.5 | 398.7 | 712.4 | - | - |
| Net income 1 | 108.3 | 41.61 | 512.8 | 303 | 522.7 | - | - |
| Net margin | - | 5.74% | 30.04% | 22.33% | - | - | - |
| EPS 2 | 0.1800 | 0.0700 | 0.8400 | 0.4964 | 0.8561 | - | - |
| Dividend per Share 2 | - | - | 0.1528 | 0.1528 | 0.1528 | 0.1781 | 0.1781 |
| Announcement Date | 23-10-30 | 24-04-29 | - | - | - | - | - |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | - | - | - | - | 3,187 | 3,624 | 4,416 | 5,520 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | - | - | 102 | 203 | -152 | -877 | 763 | 198 |
| ROE (net income / shareholders' equity) | - | - | 10.3% | 8.84% | 4.83% | 13.5% | 14.7% | 14.9% |
| ROA (Net income/ Total Assets) | - | - | - | 7.55% | - | 10.1% | 13.6% | 15.2% |
| Assets 1 | - | - | - | 6,430 | - | 8,719 | 8,077 | 8,074 |
| Book Value Per Share 2 | - | - | 8.660 | 9.350 | 9.650 | 10.90 | 12.30 | 13.50 |
| Cash Flow per Share 2 | - | - | - | 1.030 | 0.7900 | 1.190 | 2.140 | 2.000 |
| Capex 1 | - | - | 141 | 426 | 636 | 547 | 484 | 499 |
| Capex / Sales | - | - | 3.49% | 8.93% | 19.07% | 10.98% | 8.6% | 8.26% |
| Announcement Date | 20-04-24 | 21-04-21 | 22-04-21 | 23-04-20 | 24-04-29 | - | - | - |
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
BUY
Number of Analysts
5
Last Close Price
46.15
CNY
Average target price
59.07
CNY
Spread / Average Target
+28.00%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +35.74% | 3.86B | |
| +5.97% | 105B | |
| -4.19% | 63.99B | |
| +51.90% | 42.95B | |
| +17.44% | 39.2B | |
| +6.62% | 33.01B | |
| +13.00% | 20.33B | |
| +15.64% | 17.29B | |
| +22.55% | 15.72B | |
| +7.34% | 14.72B |
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- 603379 Stock
- Financials Zhejiang Sanmei Chemical Industry Co.,Ltd.
