Financials Shaanxi Meineng Clean Energy Corp.,Ltd.

Equities

001299

CNE100005M00

Natural Gas Utilities

End-of-day quote Shenzhen S.E. 23:00:00 21/05/2024 BST 5-day change 1st Jan Change
13.58 CNY +3.19% Intraday chart for Shaanxi Meineng Clean Energy Corp.,Ltd. +4.86% -12.56%

Valuation

Fiscal Period: December 2022 2023
Capitalization 1 3,789 2,913
Enterprise Value (EV) 1 2,823 1,884
P/E ratio 32.1 x 35.3 x
Yield - -
Capitalization / Revenue 6.89 x 5.06 x
EV / Revenue 5.13 x 3.27 x
EV / EBITDA 27.2 x 22.9 x
EV / FCF 30.9 x 35.7 x
FCF Yield 3.24% 2.8%
Price to Book 3.09 x 2.2 x
Nbr of stocks (in thousands) 187,580 187,580
Reference price 2 20.20 15.53
Announcement Date 24/04/23 24/04/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 383.5 456.2 463.2 479.5 549.9 575.8
EBITDA 1 81.13 100.1 118 113.5 103.9 82.12
EBIT 1 66.85 82.84 97.88 91.05 80.92 58.8
Operating Margin 17.43% 18.16% 21.13% 18.99% 14.72% 10.21%
Earnings before Tax (EBT) 1 72.26 102.4 114.5 117.9 112.2 96.78
Net income 1 60.18 86.93 96.1 101.5 94.21 81.81
Net margin 15.69% 19.06% 20.75% 21.17% 17.13% 14.21%
EPS 2 0.4300 0.6200 0.6800 0.7200 0.6300 0.4400
Free Cash Flow 1 41.37 49.44 45.34 48.44 91.36 52.84
FCF margin 10.79% 10.84% 9.79% 10.1% 16.61% 9.18%
FCF Conversion (EBITDA) 50.99% 49.39% 38.43% 42.66% 87.9% 64.34%
FCF Conversion (Net income) 68.74% 56.87% 47.18% 47.73% 96.98% 64.59%
Dividend per Share - - - - - -
Announcement Date 22/11/19 10/06/21 10/06/21 24/04/23 24/04/23 24/04/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 212 230 313 387 966 1,029
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 41.4 49.4 45.3 48.4 91.4 52.8
ROE (net income / shareholders' equity) 14.2% 18.6% 18.2% 16.1% 9.85% 6.41%
ROA (Net income/ Total Assets) 5.58% 6.62% 7.19% 5.9% 3.83% 2.18%
Assets 1 1,078 1,314 1,336 1,720 2,459 3,754
Book Value Per Share 2 3.220 3.420 4.110 4.800 6.540 7.050
Cash Flow per Share 2 0.9500 0.3600 0.5900 0.9000 3.970 5.000
Capex 1 46 41.2 42.3 39 27.5 34.4
Capex / Sales 11.98% 9.02% 9.13% 8.13% 5% 5.98%
Announcement Date 22/11/19 10/06/21 10/06/21 24/04/23 24/04/23 24/04/24
1CNY in Million2CNY
Estimates
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