Financials Naipu Mining Machinery Co., Ltd.

Equities

300818

CNE100003SD5

Mining Support Services & Equipment

End-of-day quote Shenzhen S.E. 23:00:00 26/06/2024 BST 5-day change 1st Jan Change
24.55 CNY -1.60% Intraday chart for Naipu Mining Machinery Co., Ltd. -3.73% +4.12%

Valuation

Fiscal Period: December 2022 2023 2024 2025 2026
Capitalization 1 2,000 3,466 3,728 - -
Enterprise Value (EV) 1 2,000 3,466 3,728 3,728 3,728
P/E ratio 15 x - 25.5 x 17.6 x 13.3 x
Yield - - 0.26% 0.41% 0.52%
Capitalization / Revenue - 3.7 x 2.74 x 2.17 x 1.76 x
EV / Revenue - 3.7 x 2.74 x 2.17 x 1.76 x
EV / EBITDA - 20.5 x 12.1 x 9.49 x 8.16 x
EV / FCF - - 30.9 x 677 x 43.2 x
FCF Yield - - 3.24% 0.15% 2.32%
Price to Book - 2.6 x 2.66 x 2.23 x 2.01 x
Nbr of stocks (in thousands) 143,853 147,014 151,861 - -
Reference price 2 13.90 23.58 24.55 24.55 24.55
Announcement Date 27/02/23 28/03/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2022 2023 2024 2025 2026
Net sales 1 - 937.8 1,362 1,722 2,120
EBITDA 1 - 169.3 309.1 392.8 456.9
EBIT 1 - 102.4 168.7 272.3 324.1
Operating Margin - 10.92% 12.38% 15.82% 15.29%
Earnings before Tax (EBT) 1 - - 168.1 243.1 323.5
Net income 1 134.3 - 142.3 205.8 273.9
Net margin - - 10.45% 11.95% 12.92%
EPS 2 0.9287 - 0.9643 1.393 1.850
Free Cash Flow 1 - - 120.7 5.51 86.32
FCF margin - - 8.86% 0.32% 4.07%
FCF Conversion (EBITDA) - - 39.05% 1.4% 18.89%
FCF Conversion (Net income) - - 84.81% 2.68% 31.52%
Dividend per Share 2 - - 0.0643 0.1000 0.1286
Announcement Date 27/02/23 28/03/24 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2022 2023 2024 2025 2026
Net Debt - - - - -
Net Cash position - - - - -
Leverage (Debt/EBITDA) - - - - -
Free Cash Flow 1 - - 121 5.51 86.3
ROE (net income / shareholders' equity) - 6.2% 9.72% 13.7% 14.3%
ROA (Net income/ Total Assets) - 3.35% 5.61% 8.58% 8.82%
Assets 1 - - 2,537 2,399 3,105
Book Value Per Share 2 - 9.060 9.220 11.00 12.20
Cash Flow per Share 2 - - 1.680 2.190 2.660
Capex 1 - 187 250 300 350
Capex / Sales - 19.94% 18.36% 17.42% 16.51%
Announcement Date 27/02/23 28/03/24 - - -
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
2
Last Close Price
24.55 CNY
Average target price
27.86 CNY
Spread / Average Target
+13.47%
Consensus

Annual profits - Rate of surprise

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