Financials Hengerda New Materials (Fujian) Co., Ltd.

Equities

300946

CNE100004CB1

Industrial Machinery & Equipment

End-of-day quote Shenzhen S.E. 23:00:00 26/06/2024 BST 5-day change 1st Jan Change
27.45 CNY +3.70% Intraday chart for Hengerda New Materials (Fujian) Co., Ltd. +20.03% -14.94%

Valuation

Fiscal Period: December 2022 2023 2024 2025 2026
Capitalization 1 3,437 3,873 3,197 - -
Enterprise Value (EV) 1 3,437 3,873 3,197 3,197 3,197
P/E ratio 36.3 x - - - -
Yield - - - - -
Capitalization / Revenue - 7.14 x 5.17 x 4.4 x 3.77 x
EV / Revenue - 7.14 x 5.17 x 4.4 x 3.77 x
EV / EBITDA - 30.2 x 14.6 x 12.4 x 10.5 x
EV / FCF - - - - -
FCF Yield - - - - -
Price to Book - 3.46 x 2.75 x 2.54 x 2.33 x
Nbr of stocks (in thousands) 120,006 120,006 120,006 - -
Reference price 2 28.64 32.27 27.45 27.45 27.45
Announcement Date 24/04/23 19/04/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2022 2023 2024 2025 2026
Net sales 1 - 542.5 618 727 849
EBITDA 1 - 128.4 219 258 305
EBIT 1 - 100 124 144 176
Operating Margin - 18.43% 20.06% 19.81% 20.73%
Earnings before Tax (EBT) - - - - -
Net income 95.24 - - - -
Net margin - - - - -
EPS 0.7900 - - - -
Free Cash Flow - - - - -
FCF margin - - - - -
FCF Conversion (EBITDA) - - - - -
FCF Conversion (Net income) - - - - -
Dividend per Share - - - - -
Announcement Date 24/04/23 19/04/24 - - -
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2022 2023 2024 2025 2026
Net Debt - - - - -
Net Cash position - - - - -
Leverage (Debt/EBITDA) - - - - -
Free Cash Flow - - - - -
ROE (net income / shareholders' equity) - 8.02% 9% 9.8% 11%
ROA (Net income/ Total Assets) - 6.2% 7.4% 8.1% 9.7%
Assets - - - - -
Book Value Per Share 1 - 9.330 10.00 10.80 11.80
Cash Flow per Share - - - - -
Capex 2 - 188 176 112 61
Capex / Sales - 34.68% 28.48% 15.41% 7.18%
Announcement Date 24/04/23 19/04/24 - - -
1CNY2CNY in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
27.45 CNY
Average target price
31 CNY
Spread / Average Target
+12.93%
Consensus

Annual profits - Rate of surprise

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