Financials Hwaxin Environmental Co.,Ltd.

Equities

301265

CNE1000065B1

Environmental Services & Equipment

End-of-day quote Shenzhen S.E. 23:00:00 30/05/2024 BST 5-day change 1st Jan Change
8.97 CNY -4.17% Intraday chart for Hwaxin Environmental Co.,Ltd. +1.13% -12.49%

Valuation

Fiscal Period: December 2022 2023
Capitalization 1 3,699 3,105
Enterprise Value (EV) 1 2,554 2,128
P/E ratio 24.9 x 35.3 x
Yield 1.64% -
Capitalization / Revenue 4.92 x 4.25 x
EV / Revenue 3.4 x 2.91 x
EV / EBITDA 16.8 x 17.4 x
EV / FCF 681 x -13 x
FCF Yield 0.15% -7.69%
Price to Book 1.83 x 1.51 x
Nbr of stocks (in thousands) 302,973 302,973
Reference price 2 12.21 10.25
Announcement Date 06/04/23 22/04/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 422 583.2 569.5 781.7 752.2 730
EBITDA 1 89.39 120.9 164.1 192 152.1 122.3
EBIT 1 70.48 101.6 142.7 163.5 121.4 89.98
Operating Margin 16.7% 17.41% 25.06% 20.91% 16.14% 12.33%
Earnings before Tax (EBT) 1 69.86 98.62 143.5 167.8 123.1 96.68
Net income 1 57.18 85.79 131.9 156.4 111.7 88.63
Net margin 13.55% 14.71% 23.16% 20.01% 14.85% 12.14%
EPS 2 0.2900 0.4200 0.5800 0.6900 0.4900 0.2900
Free Cash Flow 1 -36.5 -110.7 31.41 -35.99 3.75 -163.7
FCF margin -8.65% -18.98% 5.51% -4.6% 0.5% -22.42%
FCF Conversion (EBITDA) - - 19.14% - 2.47% -
FCF Conversion (Net income) - - 23.81% - 3.36% -
Dividend per Share - - - - 0.2000 -
Announcement Date 13/11/20 13/11/20 30/03/21 27/11/22 06/04/23 22/04/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 40.5 62 152 170 1,145 978
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -36.5 -111 31.4 -36 3.75 -164
ROE (net income / shareholders' equity) 13.1% 14.5% 17.4% 17.3% 7.4% 4.29%
ROA (Net income/ Total Assets) 6.17% 7.74% 9.2% 9.06% 4.37% 2.48%
Assets 1 926.2 1,108 1,433 1,726 2,559 3,578
Book Value Per Share 2 2.530 3.030 3.620 4.320 6.670 6.770
Cash Flow per Share 2 0.5000 0.6400 0.8900 1.080 3.820 3.270
Capex 1 91.9 41.5 43.4 54.2 41.8 149
Capex / Sales 21.78% 7.11% 7.62% 6.93% 5.55% 20.44%
Announcement Date 13/11/20 13/11/20 30/03/21 27/11/22 06/04/23 22/04/24
1CNY in Million2CNY
Estimates
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