Financials Chongqing Sifang New Material Co., Ltd.

Equities

605122

CNE1000053T9

Construction Materials

End-of-day quote Shanghai S.E. 23:00:00 30/05/2024 BST 5-day change 1st Jan Change
11.18 CNY -1.32% Intraday chart for Chongqing Sifang New Material Co., Ltd. -3.04% -30.69%

Valuation

Fiscal Period: December 2021 2022 2023
Capitalization 1 3,904 2,530 2,780
Enterprise Value (EV) 1 3,616 2,924 3,265
P/E ratio 28 x -25.8 x 202 x
Yield 0.35% - -
Capitalization / Revenue 2.89 x 1.53 x 1.4 x
EV / Revenue 2.68 x 1.77 x 1.64 x
EV / EBITDA 16.6 x 51 x 16.7 x
EV / FCF -13.6 x -73.3 x -42.1 x
FCF Yield -7.33% -1.36% -2.37%
Price to Book 1.69 x 1.15 x 1.26 x
Nbr of stocks (in thousands) 172,354 172,354 172,354
Reference price 2 22.65 14.68 16.13
Announcement Date 22/04/22 26/04/23 26/04/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,452 1,526 1,179 1,350 1,653 1,987
EBITDA 1 224.6 351 358.1 217.7 57.31 195
EBIT 1 190.8 305 308 158.6 -39.09 72.11
Operating Margin 13.14% 20% 26.12% 11.75% -2.36% 3.63%
Earnings before Tax (EBT) 1 172 277.3 289.1 162.9 -108.6 17.05
Net income 1 143.9 233 243.7 133.9 -97.49 12.96
Net margin 9.91% 15.27% 20.67% 9.91% -5.9% 0.65%
EPS 2 1.114 1.807 1.886 0.8100 -0.5700 0.0800
Free Cash Flow 1 -175.9 29.27 -22.87 -265 -39.9 -77.5
FCF margin -12.12% 1.92% -1.94% -19.63% -2.41% -3.9%
FCF Conversion (EBITDA) - 8.34% - - - -
FCF Conversion (Net income) - 12.56% - - - -
Dividend per Share - - 0.4286 0.0800 - -
Announcement Date 21/06/19 17/02/21 17/02/21 22/04/22 26/04/23 26/04/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 325 296 288 - 394 485
Net Cash position 1 - - - 288 - -
Leverage (Debt/EBITDA) 1.447 x 0.842 x 0.8046 x - 6.874 x 2.487 x
Free Cash Flow 1 -176 29.3 -22.9 -265 -39.9 -77.5
ROE (net income / shareholders' equity) 31.2% 35.6% 27.2% 8.2% -4.5% 0.55%
ROA (Net income/ Total Assets) 7.77% 10.1% 9.23% 3.51% -0.62% 1.02%
Assets 1 1,851 2,316 2,640 3,811 15,725 1,274
Book Value Per Share 2 4.150 6.000 7.910 13.40 12.80 12.90
Cash Flow per Share 2 0.5200 0.6800 0.9600 3.770 2.970 2.480
Capex 1 28.8 26 23.3 51.8 75.5 152
Capex / Sales 1.99% 1.7% 1.97% 3.84% 4.57% 7.66%
Announcement Date 21/06/19 17/02/21 17/02/21 22/04/22 26/04/23 26/04/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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