Financials Jiangsu Shentong Valve Co., Ltd.

Equities

002438

CNE100000QH6

Industrial Machinery & Equipment

End-of-day quote Shenzhen S.E. 23:00:00 25/06/2024 BST 5-day change 1st Jan Change
11.13 CNY +1.27% Intraday chart for Jiangsu Shentong Valve Co., Ltd. -6.78% -6.86%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 3,930 6,480 9,963 5,547 6,065 5,578 - -
Enterprise Value (EV) 1 3,930 6,480 9,963 5,547 6,065 5,578 5,578 5,578
P/E ratio 21.7 x 30 x 39.3 x 24.4 x 22.6 x 16.8 x 13.9 x 11.8 x
Yield 0.62% 0.37% 0.24% 0.46% 1.34% 1.17% 1.47% 1.21%
Capitalization / Revenue 2.88 x 4.09 x 5.22 x 2.84 x 2.84 x 2.17 x 1.86 x 1.57 x
EV / Revenue 2.88 x 4.09 x 5.22 x 2.84 x 2.84 x 2.17 x 1.86 x 1.57 x
EV / EBITDA 14.3 x 19.1 x 25.7 x 14.4 x 12.7 x 8.99 x 7.67 x 6.39 x
EV / FCF - - -36.4 x - - 15.2 x -66.4 x 40.1 x
FCF Yield - - -2.75% - - 6.6% -1.51% 2.49%
Price to Book 1.98 x 3 x 4.17 x 1.88 x 1.85 x 1.55 x 1.41 x 1.29 x
Nbr of stocks (in thousands) 485,756 485,756 485,756 507,537 507,537 507,537 - -
Reference price 2 8.090 13.34 20.51 10.93 11.95 11.13 11.13 11.13
Announcement Date 19/01/20 19/01/21 18/04/22 17/04/23 22/04/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,363 1,586 1,910 1,955 2,133 2,571 3,000 3,560
EBITDA 1 274 338.6 387.8 385.2 477.8 620.8 727.6 873
EBIT 1 186.1 247 300.4 257.1 296.7 371.8 450.2 531.2
Operating Margin 13.65% 15.58% 15.73% 13.15% 13.91% 14.46% 15.01% 14.92%
Earnings before Tax (EBT) 1 205.6 249.4 297.2 255.9 294.7 372.2 450.4 531.8
Net income 1 180.7 216 253.4 227.6 268.9 335.9 407.5 480.4
Net margin 13.25% 13.63% 13.27% 11.64% 12.6% 13.07% 13.58% 13.5%
EPS 2 0.3720 0.4447 0.5217 0.4483 0.5297 0.6625 0.8025 0.9467
Free Cash Flow 1 - - -273.6 - - 368 -84 139
FCF margin - - -14.33% - - 14.31% -2.8% 3.9%
FCF Conversion (EBITDA) - - - - - 59.28% - 15.92%
FCF Conversion (Net income) - - - - - 109.54% - 28.93%
Dividend per Share 2 0.0500 0.0500 0.0500 0.0500 0.1600 0.1300 0.1633 0.1350
Announcement Date 19/01/20 19/01/21 18/04/22 17/04/23 22/04/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q1 2022 Q2 2022 S1 2023 Q1
Net sales 1 - - - 497.1
EBITDA - - - -
EBIT - - - -
Operating Margin - - - -
Earnings before Tax (EBT) - - - -
Net income 1 73.8 30.38 104.2 75.97
Net margin - - - 15.28%
EPS 0.1454 - - -
Dividend per Share - - - -
Announcement Date 26/04/22 15/08/22 15/08/22 27/04/23
1CNY in Million
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 1 - - -274 - - 368 -84 139
ROE (net income / shareholders' equity) 9.54% 10.5% 11.1% 9.06% 8.64% 9.51% 10.2% 11%
ROA (Net income/ Total Assets) 5.43% 6.22% 6.35% - 4.62% 5.73% 6.46% 6.93%
Assets 1 3,329 3,474 3,988 - 5,823 5,863 6,308 6,933
Book Value Per Share 2 4.090 4.450 4.920 5.820 6.460 7.180 7.880 8.630
Cash Flow per Share 2 0.2300 0.3100 0.4100 0.4900 0.3700 1.270 0.5700 1.890
Capex 1 57.2 97.5 472 722 239 361 387 248
Capex / Sales 4.2% 6.15% 24.73% 36.93% 11.21% 14.05% 12.91% 6.95%
Announcement Date 19/01/20 19/01/21 18/04/22 17/04/23 22/04/24 - - -
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

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
11.13 CNY
Average target price
14.55 CNY
Spread / Average Target
+30.73%
Consensus

Annual profits - Rate of surprise

  1. Stock Market
  2. Equities
  3. 002438 Stock
  4. Financials Jiangsu Shentong Valve Co., Ltd.