Financials China Conch Environment Protection Holdings Limited

Equities

587

KYG2124M1015

Environmental Services & Equipment

End-of-day quote Hong Kong S.E. 23:00:00 09/05/2024 BST 5-day change 1st Jan Change
0.97 HKD +1.04% Intraday chart for China Conch Environment Protection Holdings Limited +19.75% -37.82%

Valuation

Fiscal Period: December 2022 2023 2024 2025
Capitalization 1 5,114 1,639 1,639 -
Enterprise Value (EV) 1 8,624 2,590 1,639 1,639
P/E ratio 15.6 x 10.1 x - -
Yield - - - -
Capitalization / Revenue 2.96 x 1.38 x 0.75 x 0.59 x
EV / Revenue 4.99 x 1.38 x 0.75 x 0.59 x
EV / EBITDA 12 x 3.65 x 2.06 x 1.74 x
EV / FCF - -10.8 x - -
FCF Yield - -9.22% - -
Price to Book 1.87 x 0.48 x 0.5 x 0.46 x
Nbr of stocks (in thousands) 1,826,765 1,826,765 1,826,765 -
Reference price 2 2.800 0.8970 0.8970 0.8970
Announcement Date 27/03/23 19/03/24 - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2021 2022 2023 2024 2025
Net sales 1 - 1,730 1,882 2,198 2,760
EBITDA 1 - 719.9 710.3 796.7 943.4
EBIT 1 - 497.6 453.1 459.8 571.5
Operating Margin - 28.77% 24.08% 20.91% 20.71%
Earnings before Tax (EBT) 1 - - 352.3 - -
Net income 1 578.6 - 264.1 - -
Net margin - - 14.04% - -
EPS 2 0.3000 0.1800 0.1400 - -
Free Cash Flow 1 - - -496 - -
FCF margin - - -24.89% - -
FCF Conversion (EBITDA) - - - - -
FCF Conversion (Net income) - - - - -
Dividend per Share 2 - - - - -
Announcement Date 27/04/22 27/03/23 19/03/24 - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2021 2022 2023 2024 2025
Net Debt 1 - 3,509 3,741 - -
Net Cash position 1 - - - - -
Leverage (Debt/EBITDA) - 4.875 x 4.015 x - -
Free Cash Flow 1 - - -496 - -
ROE (net income / shareholders' equity) - 12.8% 13.5% 8.58% 10%
ROA (Net income/ Total Assets) - - 4.22% - -
Assets 1 - - 10,051 - -
Book Value Per Share 2 - 1.490 1.870 1.780 1.930
Cash Flow per Share 2 - 0.3000 0.5800 0.4100 0.4300
Capex 1 - 1,441 1,193 836 684
Capex / Sales - 83.29% 59.88% 38.03% 24.79%
Announcement Date 27/04/22 27/03/23 19/03/24 - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
0.897 CNY
Average target price
1.945 CNY
Spread / Average Target
+116.84%
Consensus

Annual profits - Rate of surprise

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