Financials Anhui Hwasu Co.,Ltd.

Equities

600935

CNE100004Z97

Commodity Chemicals

End-of-day quote Shanghai S.E. 23:00:00 09/05/2024 BST 5-day change 1st Jan Change
2.78 CNY -1.42% Intraday chart for Anhui Hwasu Co.,Ltd. +0.36% -17.51%

Valuation

Fiscal Period: December 2021 2022 2023
Capitalization 1 26,797 15,783 11,820
Enterprise Value (EV) 1 26,306 15,013 11,293
P/E ratio 30.6 x 37.5 x 392 x
Yield 1.03% 0.82% 0.09%
Capitalization / Revenue 3.98 x 2.34 x 2.12 x
EV / Revenue 3.9 x 2.23 x 2.03 x
EV / EBITDA 15.8 x 14.7 x 17.4 x
EV / FCF 30.4 x 21 x 39 x
FCF Yield 3.29% 4.76% 2.56%
Price to Book 4.24 x 2.44 x 1.86 x
Nbr of stocks (in thousands) 3,507,402 3,507,402 3,507,402
Reference price 2 7.640 4.500 3.370
Announcement Date 30/03/22 25/04/23 25/04/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 4,379 4,568 5,081 6,739 6,736 5,563
EBITDA 1 1,197 1,230 1,439 1,664 1,023 647.4
EBIT 1 705.4 728.7 838.8 1,028 382.4 -11.63
Operating Margin 16.11% 15.95% 16.51% 15.26% 5.68% -0.21%
Earnings before Tax (EBT) 1 465.9 576.9 723.7 915.5 410 16.99
Net income 1 413.4 500.8 613.5 785.4 422.1 30.17
Net margin 9.44% 10.96% 12.08% 11.65% 6.27% 0.54%
EPS 2 0.2100 0.2000 0.2000 0.2500 0.1200 0.008600
Free Cash Flow 1 678.7 882.7 585.3 864.9 714.3 289.5
FCF margin 15.5% 19.32% 11.52% 12.83% 10.6% 5.2%
FCF Conversion (EBITDA) 56.69% 71.79% 40.67% 51.99% 69.83% 44.71%
FCF Conversion (Net income) 164.18% 176.26% 95.4% 110.12% 169.21% 959.4%
Dividend per Share - - - 0.0790 0.0370 0.003000
Announcement Date 31/03/20 31/03/20 30/03/22 30/03/22 25/04/23 25/04/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 3,645 2,588 1,871 - - -
Net Cash position 1 - - - 490 770 527
Leverage (Debt/EBITDA) 3.044 x 2.105 x 1.3 x - - -
Free Cash Flow 1 679 883 585 865 714 289
ROE (net income / shareholders' equity) 29% 17.9% 16.1% 15% 6.6% 0.47%
ROA (Net income/ Total Assets) 5.33% 5.22% 6.07% 7.33% 2.64% -0.08%
Assets 1 7,759 9,593 10,106 10,720 15,968 -37,762
Book Value Per Share 2 1.060 1.120 1.320 1.800 1.850 1.820
Cash Flow per Share 2 0.1900 0.1300 0.0900 0.3500 0.2200 0.2400
Capex 1 81.2 376 209 133 534 680
Capex / Sales 1.85% 8.24% 4.12% 1.97% 7.92% 12.22%
Announcement Date 31/03/20 31/03/20 30/03/22 30/03/22 25/04/23 25/04/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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