Financials Jiangyin Haida Rubber And Plastic Co., Ltd.

Equities

300320

CNE100001DT7

Tires & Rubber Products

End-of-day quote Shenzhen S.E. 23:00:00 29/04/2024 BST 5-day change 1st Jan Change
7.49 CNY +4.46% Intraday chart for Jiangyin Haida Rubber And Plastic Co., Ltd. +10.80% -3.73%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,639 2,922 4,179 9,704 6,169 4,678
Enterprise Value (EV) 1 2,845 3,100 4,325 9,842 6,317 4,895
P/E ratio 15.1 x 13.1 x 21.1 x 64.6 x 60.4 x 33.8 x
Yield 1.28% 1.15% 0.55% 0.15% 0.19% 0.32%
Capitalization / Revenue 1.24 x 1.3 x 1.85 x 3.85 x 2.35 x 1.71 x
EV / Revenue 1.34 x 1.38 x 1.91 x 3.9 x 2.4 x 1.79 x
EV / EBITDA 9.99 x 9.42 x 12.9 x 36.4 x 30.8 x 19 x
EV / FCF -11.7 x 91.5 x 4,773 x -1,201 x -509 x -55.1 x
FCF Yield -8.56% 1.09% 0.02% -0.08% -0.2% -1.81%
Price to Book 1.76 x 1.73 x 2.26 x 4.91 x 2.99 x 2.14 x
Nbr of stocks (in thousands) 601,234 601,234 601,234 601,234 601,234 601,234
Reference price 2 4.390 4.860 6.950 16.14 10.26 7.780
Announcement Date 28/03/19 27/03/20 30/03/21 31/03/22 30/03/23 29/03/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 2,130 2,241 2,263 2,523 2,630 2,735
EBITDA 1 284.8 329.1 335.3 270.3 204.8 258.3
EBIT 1 233.1 273.6 261.8 194.1 126.1 170.4
Operating Margin 10.94% 12.21% 11.57% 7.69% 4.8% 6.23%
Earnings before Tax (EBT) 1 208.5 266.3 230 181.3 121.4 161.2
Net income 1 167 224.4 195.6 148.3 103.1 135.3
Net margin 7.84% 10.01% 8.64% 5.88% 3.92% 4.95%
EPS 2 0.2900 0.3700 0.3300 0.2500 0.1700 0.2300
Free Cash Flow 1 -243.5 33.89 0.9061 -8.193 -12.4 -88.81
FCF margin -11.43% 1.51% 0.04% -0.32% -0.47% -3.25%
FCF Conversion (EBITDA) - 10.3% 0.27% - - -
FCF Conversion (Net income) - 15.1% 0.46% - - -
Dividend per Share 2 0.0560 0.0560 0.0380 0.0250 0.0200 0.0250
Announcement Date 28/03/19 27/03/20 30/03/21 31/03/22 30/03/23 29/03/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 206 178 146 138 148 217
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 0.7223 x 0.5411 x 0.4366 x 0.5114 x 0.723 x 0.8413 x
Free Cash Flow 1 -244 33.9 0.91 -8.19 -12.4 -88.8
ROE (net income / shareholders' equity) 14.3% 14.1% 10.9% 7.91% 5.21% 6.43%
ROA (Net income/ Total Assets) 6.79% 6.22% 5.6% 3.95% 2.44% 3.07%
Assets 1 2,459 3,606 3,490 3,750 4,232 4,402
Book Value Per Share 2 2.490 2.810 3.080 3.290 3.430 3.640
Cash Flow per Share 2 0.3100 0.2800 0.3100 0.2700 0.3400 0.2300
Capex 1 119 112 94.3 93 140 163
Capex / Sales 5.59% 5.02% 4.16% 3.69% 5.31% 5.95%
Announcement Date 28/03/19 27/03/20 30/03/21 31/03/22 30/03/23 29/03/24
1CNY in Million2CNY
Estimates
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