Financials Jiangsu Rainbow Heavy Industries Co., Ltd.

Equities

002483

CNE100000V61

Heavy Machinery & Vehicles

End-of-day quote Shenzhen S.E. 23:00:00 01/07/2024 BST 5-day change 1st Jan Change
4.62 CNY -1.49% Intraday chart for Jiangsu Rainbow Heavy Industries Co., Ltd. +11.59% -11.49%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 2,851 5,324 7,614 4,740 4,627 4,095 - -
Enterprise Value (EV) 1 2,851 5,324 7,614 4,740 4,627 4,095 4,095 4,095
P/E ratio 20.2 x 19.3 x 21.8 x 83.8 x 87 x 10.8 x 8.4 x 6.79 x
Yield - - - - - - - -
Capitalization / Revenue 1.23 x - 1.98 x 0.92 x 0.64 x 0.5 x 0.41 x 0.35 x
EV / Revenue 1.23 x - 1.98 x 0.92 x 0.64 x 0.5 x 0.41 x 0.35 x
EV / EBITDA - - 12.2 x 93.5 x - 3.98 x 3.36 x 2.91 x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 1.09 x - 1.79 x 1.11 x 1.16 x 0.95 x 0.87 x 0.78 x
Nbr of stocks (in thousands) 672,448 942,289 942,289 942,289 886,468 886,468 - -
Reference price 2 4.240 5.650 8.080 5.030 5.220 4.620 4.620 4.620
Announcement Date 28/02/20 14/04/21 18/04/22 03/04/23 01/04/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,314 - 3,847 5,174 7,183 8,255 9,964 11,601
EBITDA 1 - - 625.6 50.69 - 1,028 1,219 1,409
EBIT 1 98.89 - 401.8 -124.8 279.4 739.4 960 1,179
Operating Margin 4.27% - 10.44% -2.41% 3.89% 8.96% 9.63% 10.16%
Earnings before Tax (EBT) 1 162.5 - 403.9 188.7 281.2 745.1 966 1,184
Net income 1 140.3 255.5 349.5 53.15 55.37 376.6 487.1 602.6
Net margin 6.06% - 9.08% 1.03% 0.77% 4.56% 4.89% 5.19%
EPS 2 0.2100 0.2920 0.3700 0.0600 0.0600 0.4267 0.5500 0.6800
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 - - - - - - - -
Announcement Date 28/02/20 14/04/21 18/04/22 03/04/23 01/04/24 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 5.46% - 8.47% 1.25% 1.39% 9.05% 9.97% 11%
ROA (Net income/ Total Assets) - - - - - 2.9% 3.6% 3.9%
Assets 1 - - - - - 12,988 13,530 15,451
Book Value Per Share 2 3.900 - 4.510 4.520 4.510 4.850 5.290 5.900
Cash Flow per Share 2 0.5100 - 0.3500 1.930 1.100 1.650 0.7300 1.960
Capex 1 - - 200 110 128 215 228 245
Capex / Sales - - 5.19% 2.13% 1.79% 2.6% 2.28% 2.11%
Announcement Date 28/02/20 14/04/21 18/04/22 03/04/23 01/04/24 - - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
4.62 CNY
Average target price
7.2 CNY
Spread / Average Target
+55.84%
Consensus

Annual profits - Rate of surprise

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