Financials Luoyang Jianlong Micro-nano New Material Co., Ltd

Equities

End-of-day quote Shanghai S.E. Other stock markets 23:00:00 06/06/2024 BST			5-day change	1st Jan Change
26.26 ^CNY	+2.94%		-4.61%	-39.04%

04-18	Luoyang Jianlong Micro-nano New Material Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
02-23	Luoyang Jianlong Micro-nano New Material Co., Ltd Reports Earnings Results for the Full Year Ended December 31, 2023	CI

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	2,745	3,703	11,131	6,593	4,302	2,628	-	-
Enterprise Value (EV) ¹	2,745	3,703	11,131	6,593	4,302	2,628	2,628	2,628
P/E ratio	24.6 x	29.1 x	40.6 x	33.2 x	30.1 x	14.1 x	7.7 x	9.79 x
Yield	-	1.09%	0.78%	0.9%	1.16%	3.36%	4.28%	-
Capitalization / Revenue	6.76 x	8.2 x	12.7 x	7.72 x	4.42 x	2.34 x	1.64 x	1.92 x
EV / Revenue	6.76 x	8.2 x	12.7 x	7.72 x	4.42 x	2.34 x	1.64 x	1.92 x
EV / EBITDA	-	21.8 x	33.2 x	24.6 x	18.3 x	8.19 x	6.38 x	5.51 x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Price to Book	-	3.8 x	9.09 x	4.26 x	2.6 x	1.37 x	1.2 x	1.15 x
Nbr of stocks (in thousands)	97,138	97,138	97,430	99,876	99,876	100,058	-	-
Reference price ²	28.26	38.12	114.2	66.01	43.07	26.26	26.26	26.26
Announcement Date	24/02/20	17/02/21	25/02/22	14/02/23	24/02/24	-	-	-

¹CNY in Million²CNY

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	406	451.6	877.6	853.8	972.2	1,123	1,601	1,371
EBITDA ¹	-	169.9	335.7	268.5	234.8	321	412	477
EBIT ¹	-	147.1	303.3	223.9	176.2	211	382.5	305
Operating Margin	-	32.58%	34.55%	26.23%	18.13%	18.78%	23.89%	22.25%
Earnings before Tax (EBT) ¹	-	148.3	317.8	215.7	174.7	211	381.1	305
Net income ¹	-	127.4	275.4	197.9	153	186	340.7	268.2
Net margin	-	28.21%	31.38%	23.17%	15.74%	16.56%	21.28%	19.56%
EPS ²	1.149	1.310	2.815	1.988	1.433	1.858	3.412	2.683
Free Cash Flow	-	-	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-	-	-
Dividend per Share ²	-	0.4167	0.8928	0.5952	0.5000	0.8833	1.125	-
Announcement Date	24/02/20	17/02/21	25/02/22	14/02/23	24/02/24	-	-	-

¹CNY in Million²CNY

Estimates

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)	-	13.9%	24.2%	13.9%	9.06%	15.4%	17.4%	-
ROA (Net income/ Total Assets)	-	10.9%	19.2%	10.1%	5.87%	6.3%	7.3%	8%
Assets ¹	-	1,170	1,432	1,951	2,608	2,953	4,667	3,352
Book Value Per Share ²	-	10.00	12.60	15.50	16.50	19.10	21.90	22.90
Cash Flow per Share ²	-	1.310	3.960	-0.3300	-0.9800	2.830	4.360	-
Capex ¹	-	95.2	286	184	104	250	306	300
Capex / Sales	-	21.09%	32.6%	21.5%	10.68%	22.25%	19.09%	21.89%
Announcement Date	24/02/20	17/02/21	25/02/22	14/02/23	24/02/24	-	-	-

¹CNY in Million²CNY

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

26.26 CNY

Average target price

31.67 CNY

Spread / Average Target

+20.59%

	1st Jan change	Capi.
LUOYANG JIANLONG MICRO-NANO NEW MATERIAL CO., LTD	-39.04%	363M
SABIC	-8.74%	60.98B
PT CHANDRA ASRI PACIFIC TBK	+65.24%	46.1B
WANHUA CHEMICAL GROUP CO., LTD.	+14.54%	38.12B
LYONDELLBASELL INDUSTRIES N.V.	+0.50%	31.12B
WESTLAKE CORPORATION	+7.38%	19.32B
NINGXIA BAOFENG ENERGY GROUP CO., LTD.	+10.83%	16.52B
HENGLI PETROCHEMICAL CO.,LTD.	+7.90%	13.8B
RONGSHENG PETROCHEMICAL CO., LTD.	-5.22%	12.96B
NAN YA PLASTICS CORPORATION	-23.61%	12.44B