Financials Guizhou RedStar Developing Co.,Ltd.

Equities

600367

CNE0000017G3

Commodity Chemicals

End-of-day quote Shanghai S.E. 23:00:00 12/05/2024 BST 5-day change 1st Jan Change
13.35 CNY -2.55% Intraday chart for Guizhou RedStar Developing Co.,Ltd. +1.52% +4.13%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,134 2,253 2,142 5,448 4,519 4,373
Enterprise Value (EV) 1 1,960 2,098 1,983 5,135 4,314 3,562
P/E ratio 18 x 29.1 x 38.2 x 20.6 x 20.8 x 142 x
Yield 0.56% 0.34% 0.28% 0.54% 0.52% 0.08%
Capitalization / Revenue 1.34 x 1.48 x 1.55 x 2.48 x 1.58 x 1.99 x
EV / Revenue 1.23 x 1.38 x 1.44 x 2.34 x 1.51 x 1.62 x
EV / EBITDA 7.58 x 9.36 x 20 x 10.6 x 10.2 x 20.9 x
EV / FCF 26.1 x 9.97 x -569 x 38.6 x 18.3 x 36.3 x
FCF Yield 3.83% 10% -0.18% 2.59% 5.47% 2.76%
Price to Book 1.67 x 1.68 x 1.55 x 3.32 x 2.6 x 1.89 x
Nbr of stocks (in thousands) 298,045 298,045 295,478 293,237 293,237 341,131
Reference price 2 7.160 7.560 7.250 18.58 15.41 12.82
Announcement Date 07/03/19 28/04/20 08/04/21 21/04/22 20/04/23 25/04/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,593 1,523 1,378 2,195 2,853 2,197
EBITDA 1 258.6 224 99.25 486.6 422.7 170.1
EBIT 1 164.3 119.9 -5.841 363 262.4 13.04
Operating Margin 10.32% 7.87% -0.42% 16.54% 9.2% 0.59%
Earnings before Tax (EBT) 1 151.4 99.56 64.95 362.9 275.5 72.82
Net income 1 115.9 74.78 55.1 263.1 214.9 26.45
Net margin 7.28% 4.91% 4% 11.98% 7.53% 1.2%
EPS 2 0.3972 0.2600 0.1900 0.9000 0.7400 0.0900
Free Cash Flow 1 75.06 210.4 -3.485 133.1 236.1 98.17
FCF margin 4.71% 13.81% -0.25% 6.06% 8.27% 4.47%
FCF Conversion (EBITDA) 29.03% 93.91% - 27.36% 55.85% 57.72%
FCF Conversion (Net income) 64.74% 281.34% - 50.61% 109.88% 371.13%
Dividend per Share 2 0.0400 0.0260 0.0200 0.1000 0.0800 0.0100
Announcement Date 07/03/19 28/04/20 08/04/21 21/04/22 20/04/23 25/04/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 174 156 159 313 204 812
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 75.1 210 -3.49 133 236 98.2
ROE (net income / shareholders' equity) 9.94% 6.04% 3.6% 19.5% 11.8% 1.96%
ROA (Net income/ Total Assets) 5.64% 3.79% -0.18% 10.4% 5.71% 0.27%
Assets 1 2,056 1,972 -30,819 2,534 3,760 9,779
Book Value Per Share 2 4.280 4.500 4.670 5.600 5.920 6.770
Cash Flow per Share 2 1.090 1.140 1.010 1.460 1.580 2.750
Capex 1 72.6 51.8 61.8 62.8 124 82.2
Capex / Sales 4.55% 3.4% 4.49% 2.86% 4.35% 3.74%
Announcement Date 07/03/19 28/04/20 08/04/21 21/04/22 20/04/23 25/04/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

  1. Stock Market
  2. Equities
  3. 600367 Stock
  4. Financials Guizhou RedStar Developing Co.,Ltd.