Financials North Copper Co., Ltd.

Equities

000737

CNE000000PR8

Specialty Mining & Metals

End-of-day quote Shenzhen S.E. 23:00:00 05/05/2024 BST 5-day change 1st Jan Change
10.4 CNY +2.46% Intraday chart for North Copper Co., Ltd. -1.42% +79.31%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,553 1,613 2,711 12,549 9,110 10,280
Enterprise Value (EV) 1 2,015 1,973 2,773 15,383 11,427 16,582
P/E ratio 5.81 x -33.2 x 29.7 x 15 x 14.9 x 16.6 x
Yield - - - - - 1.72%
Capitalization / Revenue 1.56 x 1.33 x 2.41 x 1.26 x 0.85 x 1.1 x
EV / Revenue 2.03 x 1.62 x 2.46 x 1.54 x 1.07 x 1.78 x
EV / EBITDA 13.8 x 30 x 38.4 x 9.51 x 9.86 x 13.4 x
EV / FCF -2.89 x 10.1 x 76.7 x 154 x 8.36 x -7.44 x
FCF Yield -34.6% 9.88% 1.3% 0.65% 12% -13.4%
Price to Book 4.08 x 4.16 x 5.4 x 3.47 x 2.12 x 2.11 x
Nbr of stocks (in thousands) 548,760 548,760 548,760 1,691,287 1,772,456 1,772,456
Reference price 2 2.830 2.940 4.940 7.420 5.140 5.800
Announcement Date 04/03/19 31/03/20 09/03/21 20/04/22 11/04/23 25/04/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 992.8 1,215 1,125 9,965 10,680 9,323
EBITDA 1 145.9 65.73 72.17 1,617 1,159 1,238
EBIT 1 45.02 0.5697 22.37 1,323 899 958.4
Operating Margin 4.54% 0.05% 1.99% 13.28% 8.42% 10.28%
Earnings before Tax (EBT) 1 456.7 -33.05 99.9 1,094 761.9 823.4
Net income 1 267.1 -48.57 91.38 837.9 610 618.8
Net margin 26.9% -4% 8.12% 8.41% 5.71% 6.64%
EPS 2 0.4867 -0.0885 0.1665 0.4954 0.3442 0.3490
Free Cash Flow 1 -696.7 194.8 36.13 99.59 1,366 -2,229
FCF margin -70.17% 16.04% 3.21% 1% 12.79% -23.91%
FCF Conversion (EBITDA) - 296.45% 50.06% 6.16% 117.89% -
FCF Conversion (Net income) - - 39.54% 11.89% 223.99% -
Dividend per Share - - - - - 0.1000
Announcement Date 04/03/19 31/03/20 09/03/21 20/04/22 11/04/23 25/04/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 462 359 61.7 2,833 2,317 6,302
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 3.165 x 5.465 x 0.8549 x 1.752 x 1.999 x 5.089 x
Free Cash Flow 1 -697 195 36.1 99.6 1,366 -2,229
ROE (net income / shareholders' equity) 834% -11.8% 20.2% 24.3% 14.5% 13.1%
ROA (Net income/ Total Assets) 1.34% 0.02% 0.99% 9.11% 6.39% 4.69%
Assets 1 19,877 -214,907 9,249 9,201 9,548 13,195
Book Value Per Share 2 0.6900 0.7100 0.9100 2.140 2.430 2.750
Cash Flow per Share 2 0.7400 0.5900 0.5200 0.6300 0.6600 0.5100
Capex 1 52.8 22 13.7 232 600 1,627
Capex / Sales 5.31% 1.81% 1.21% 2.33% 5.62% 17.46%
Announcement Date 04/03/19 31/03/20 09/03/21 20/04/22 11/04/23 25/04/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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