Financials Crown Advanced Material Co.,Ltd.

Equities

688560

CNE100005XP4

Commodity Chemicals

End-of-day quote Shanghai S.E. 23:00:00 03/06/2024 BST 5-day change 1st Jan Change
12.02 CNY -2.12% Intraday chart for Crown Advanced Material Co.,Ltd. -4.91% -35.45%

Valuation

Fiscal Period: December 2020 2021 2022 2023
Capitalization 1 4,506 5,676 9,320 3,748
Enterprise Value (EV) 1 3,886 5,283 7,537 2,050
P/E ratio 31.9 x 46.1 x 73.5 x -155 x
Yield 0.73% 0.72% 0.39% -
Capitalization / Revenue 4.9 x 4.4 x 5.35 x 2.68 x
EV / Revenue 4.23 x 4.1 x 4.33 x 1.47 x
EV / EBITDA 36 x 40.1 x 41.7 x -59.1 x
EV / FCF -115 x -27.1 x -45.7 x 10.7 x
FCF Yield -0.87% -3.69% -2.19% 9.35%
Price to Book 3.4 x 4.01 x 2.97 x 1.26 x
Nbr of stocks (in thousands) 164,088 164,088 201,302 201,302
Reference price 2 27.46 34.59 46.30 18.62
Announcement Date 22/04/21 26/04/22 25/04/23 08/04/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 866.8 945.7 918.6 1,289 1,742 1,396
EBITDA 1 111.1 115 108 131.6 180.6 -34.66
EBIT 1 94.75 94.75 86.52 110.5 137.4 -85.25
Operating Margin 10.93% 10.02% 9.42% 8.57% 7.89% -6.11%
Earnings before Tax (EBT) 1 103.7 119.9 120.7 137.5 141.2 -18.59
Net income 1 88.5 104.9 105.5 122.9 104.9 -23.88
Net margin 10.21% 11.09% 11.48% 9.54% 6.02% -1.71%
EPS 2 0.7191 0.8524 0.8600 0.7500 0.6300 -0.1200
Free Cash Flow 1 -21.87 -22.04 -33.75 -194.7 -164.8 191.7
FCF margin -2.52% -2.33% -3.67% -15.1% -9.46% 13.73%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - 0.2000 0.2500 0.1800 -
Announcement Date 04/12/20 04/12/20 22/04/21 26/04/22 25/04/23 08/04/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 30.2 67.8 620 393 1,783 1,699
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -21.9 -22 -33.8 -195 -165 192
ROE (net income / shareholders' equity) 17.8% 17.6% 10.7% 8.93% 5.58% -0.81%
ROA (Net income/ Total Assets) 6.54% 5.8% 3.87% 3.71% 3% -1.49%
Assets 1 1,354 1,808 2,726 3,315 3,502 1,603
Book Value Per Share 2 4.410 5.260 8.080 8.630 15.60 14.80
Cash Flow per Share 2 0.9200 0.8600 3.960 2.400 9.140 9.050
Capex 1 33.1 85.1 49.5 124 225 123
Capex / Sales 3.82% 9% 5.39% 9.65% 12.92% 8.82%
Announcement Date 04/12/20 04/12/20 22/04/21 26/04/22 25/04/23 08/04/24
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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