Financials Jiangsu Newamstar Packaging Machinery Co.,Ltd

Equities

300509

CNE1000026Y5

Industrial Machinery & Equipment

End-of-day quote Shenzhen S.E. 23:00:00 09/05/2024 BST 5-day change 1st Jan Change
5.48 CNY -1.97% Intraday chart for Jiangsu Newamstar Packaging Machinery Co.,Ltd +4.38% -24.20%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,854 2,098 2,004 1,891 1,630 2,143
Enterprise Value (EV) 1 1,553 1,856 1,634 1,537 1,381 1,860
P/E ratio 43.6 x 51.1 x 33.8 x 31.9 x 45.8 x 90.4 x
Yield 2.05% 1.63% 1.78% 1.57% 2.18% 1.66%
Capitalization / Revenue 3.33 x 3.03 x 2.9 x 2.66 x 2.14 x 2.31 x
EV / Revenue 2.79 x 2.68 x 2.36 x 2.16 x 1.81 x 2 x
EV / EBITDA 27.1 x 26.8 x 21.8 x 22.5 x 14.8 x 30 x
EV / FCF -98.4 x -36 x 15.6 x -493 x -18.7 x 26 x
FCF Yield -1.02% -2.78% 6.42% -0.2% -5.34% 3.84%
Price to Book 3.11 x 3.52 x 3.29 x 3.07 x 2.63 x 3.53 x
Nbr of stocks (in thousands) 296,400 296,400 296,400 296,400 296,400 296,400
Reference price 2 6.256 7.077 6.760 6.380 5.500 7.230
Announcement Date 25/04/19 27/04/20 30/03/21 26/04/22 26/04/23 24/04/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 556.5 691.9 691.5 710.1 763.4 928.6
EBITDA 1 57.38 69.24 75.04 68.17 93.17 62.06
EBIT 1 39.38 44.31 46.45 39.01 64.06 34
Operating Margin 7.08% 6.4% 6.72% 5.49% 8.39% 3.66%
Earnings before Tax (EBT) 1 50.7 56.36 76.32 82.65 46.87 27.42
Net income 1 43.07 41.87 58.05 58.28 34.15 23.28
Net margin 7.74% 6.05% 8.39% 8.21% 4.47% 2.51%
EPS 2 0.1436 0.1385 0.2000 0.2000 0.1200 0.0800
Free Cash Flow 1 -15.79 -51.54 104.9 -3.116 -73.76 71.5
FCF margin -2.84% -7.45% 15.17% -0.44% -9.66% 7.7%
FCF Conversion (EBITDA) - - 139.78% - - 115.2%
FCF Conversion (Net income) - - 180.68% - - 307.08%
Dividend per Share 2 0.1282 0.1154 0.1200 0.1000 0.1200 0.1200
Announcement Date 25/04/19 27/04/20 30/03/21 26/04/22 26/04/23 24/04/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 301 242 369 354 249 283
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -15.8 -51.5 105 -3.12 -73.8 71.5
ROE (net income / shareholders' equity) 7.52% 8.11% 9.46% 10% 6.08% 3.78%
ROA (Net income/ Total Assets) 1.88% 1.96% 1.87% 1.36% 2.1% 1.07%
Assets 1 2,297 2,140 3,112 4,283 1,626 2,177
Book Value Per Share 2 2.010 2.010 2.060 2.080 2.100 2.050
Cash Flow per Share 2 1.020 1.040 1.690 1.490 1.290 1.280
Capex 1 53 36 36.2 23.8 21.7 9.35
Capex / Sales 9.53% 5.2% 5.23% 3.35% 2.84% 1.01%
Announcement Date 25/04/19 27/04/20 30/03/21 26/04/22 26/04/23 24/04/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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