Financials North Huajin Chemical Industries Co.,Ltd

Equities

000059

CNE000000NY9

Commodity Chemicals

End-of-day quote Shenzhen S.E. 23:00:00 09/05/2024 BST 5-day change 1st Jan Change
5.38 CNY +3.86% Intraday chart for North Huajin Chemical Industries Co.,Ltd +9.35% -2.00%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 9,741 8,829 11,644 10,876 8,781 8,605 - -
Enterprise Value (EV) 1 9,741 8,829 13,492 12,599 10,480 20,981 20,912 8,605
P/E ratio 9.82 x 27.6 x 13 x 20.6 x 137 x 20.8 x 13.3 x 14.7 x
Yield 3.86% 1.43% 2.99% 1.94% 0.26% 1.3% 2.08% 2.32%
Capitalization / Revenue 0.25 x 0.29 x 0.3 x 0.22 x 0.19 x 0.18 x 0.16 x 0.14 x
EV / Revenue 0.25 x 0.29 x 0.35 x 0.26 x 0.23 x 0.43 x 0.39 x 0.14 x
EV / EBITDA - - 5.25 x 4.28 x 6.05 x 8.82 x 7.73 x 3.41 x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 0.72 x 0.65 x 0.82 x 0.75 x 0.61 x 0.59 x 0.57 x 0.56 x
Nbr of stocks (in thousands) 1,599,443 1,599,443 1,599,443 1,599,443 1,599,443 1,599,443 - -
Reference price 2 6.090 5.520 7.280 6.800 5.490 5.380 5.380 5.380
Announcement Date 02/04/20 09/04/21 12/04/22 13/04/23 12/04/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 39,608 30,437 38,552 49,062 46,142 49,089 53,392 61,574
EBITDA 1 - - 2,571 2,941 1,731 2,378 2,706 2,523
EBIT 1 1,209 320 1,125 794.4 104.3 494 778 984.5
Operating Margin 3.05% 1.05% 2.92% 1.62% 0.23% 1.01% 1.46% 1.6%
Earnings before Tax (EBT) 1 1,259 403.1 1,109 822.5 154.7 683.4 1,068 1,035
Net income 1 993 324.5 893.9 528.8 70.3 416 646.7 588.5
Net margin 2.51% 1.07% 2.32% 1.08% 0.15% 0.85% 1.21% 0.96%
EPS 2 0.6200 0.2000 0.5600 0.3300 0.0400 0.2589 0.4040 0.3650
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 0.2350 0.0790 0.2180 0.1320 0.0140 0.0700 0.1118 0.1250
Announcement Date 02/04/20 09/04/21 12/04/22 13/04/23 12/04/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 13,680 10,694 13,464 11,379 13,525 9,975 11,784 11,213 13,171 - - - - - -
EBITDA - - - - - - - - - - - - - - -
EBIT 467.5 394.8 269.7 87.03 42.93 -443.8 -181.1 312.6 416.5 - - - - - -
Operating Margin 3.42% 3.69% 2% 0.76% 0.32% -4.45% -1.54% 2.79% 3.16% - - - - - -
Earnings before Tax (EBT) - - - - - - -173 319.6 449.3 - - - - - -
Net income - - - - - - -177.5 283.3 462.3 - - - - - -
Net margin - - - - - - -1.51% 2.53% 3.51% - - - - - -
EPS 0.2300 0.1776 0.1300 0.0100 0.0100 -0.3113 -0.1100 0.1700 0.2900 - - - - - -
Dividend per Share 1 0.2200 - - - 0.1320 - - - - - - - - 0.0338 0.0338
Announcement Date 12/04/22 26/04/22 24/08/22 25/10/22 13/04/23 28/04/23 30/08/23 30/10/23 12/04/24 - - - - - -
1CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - 1,848 1,723 1,699 12,376 12,307 -
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) - - 0.719 x 0.5858 x 0.9813 x 5.205 x 4.548 x -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 7.34% 2.4% 6.43% 3.69% 0.49% 2.86% 4.3% 3.85%
ROA (Net income/ Total Assets) 3.12% 1.13% 2.98% 1.61% - 0.95% 1.4% 1.65%
Assets 1 31,785 28,640 30,008 32,856 - 43,786 46,196 35,667
Book Value Per Share 2 8.510 8.460 8.930 9.020 8.930 9.140 9.460 9.560
Cash Flow per Share 2 1.700 1.760 1.750 1.100 0.6100 1.930 1.340 1.630
Capex 1 217 308 363 204 313 1,151 1,149 1,000
Capex / Sales 0.55% 1.01% 0.94% 0.42% 0.68% 2.34% 2.15% 1.62%
Announcement Date 02/04/20 09/04/21 12/04/22 13/04/23 12/04/24 - - -
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
5.38 CNY
Average target price
7.79 CNY
Spread / Average Target
+44.80%
Consensus
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