Financials Shanghai Hongda New Material Co., Ltd.

Equities

002211

CNE100000999

Tires & Rubber Products

End-of-day quote Shenzhen S.E. 23:00:00 29/04/2024 BST 5-day change 1st Jan Change
3.2 CNY -3.03% Intraday chart for Shanghai Hongda New Material Co., Ltd. +10.73% -20.00%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 3,088 2,033 2,720 2,582 1,756 1,068
Enterprise Value (EV) 1 2,476 1,308 2,399 2,591 1,569 906.3
P/E ratio 143 x 157 x -31.5 x 49 x -2.45 x 27.4 x
Yield - - - - - -
Capitalization / Revenue 3.27 x 1.88 x 2.46 x 2.8 x 3.1 x 2.93 x
EV / Revenue 2.62 x 1.21 x 2.17 x 2.81 x 2.77 x 2.49 x
EV / EBITDA 65.1 x 98.7 x -7,107 x 30.6 x -3.03 x -33.9 x
EV / FCF 17.9 x 10.6 x -9.31 x -7.36 x 3.87 x -8.87 x
FCF Yield 5.6% 9.43% -10.7% -13.6% 25.8% -11.3%
Price to Book 3.89 x 2.56 x 3.85 x 3.4 x 33.1 x 11.5 x
Nbr of stocks (in thousands) 432,476 432,476 432,476 432,476 432,476 432,476
Reference price 2 7.140 4.700 6.290 5.970 4.060 2.470
Announcement Date 29/03/18 31/01/19 06/04/20 17/03/21 29/04/22 28/04/23
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 945 1,080 1,105 921.1 565.7 364.6
EBITDA 1 38.01 13.26 -0.3375 84.76 -518.7 -26.7
EBIT 1 11.02 -13.19 -27.15 70.2 -535 -40.44
Operating Margin 1.17% -1.22% -2.46% 7.62% -94.57% -11.09%
Earnings before Tax (EBT) 1 25.09 12.16 -76.34 70.81 -712.3 39.62
Net income 1 20.43 11.13 -88 52.7 -716.6 39.6
Net margin 2.16% 1.03% -7.97% 5.72% -126.66% 10.86%
EPS 2 0.0500 0.0300 -0.2000 0.1218 -1.660 0.0900
Free Cash Flow 1 138.6 123.4 -257.6 -351.8 405.6 -102.1
FCF margin 14.66% 11.42% -23.32% -38.19% 71.7% -28.01%
FCF Conversion (EBITDA) 364.57% 930.47% - - - -
FCF Conversion (Net income) 678.43% 1,108.09% - - - -
Dividend per Share - - - - - -
Announcement Date 29/03/18 31/01/19 06/04/20 17/03/21 29/04/22 28/04/23
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - 8.89 - -
Net Cash position 1 611 724 322 - 187 162
Leverage (Debt/EBITDA) - - - 0.1049 x - -
Free Cash Flow 1 139 123 -258 -352 406 -102
ROE (net income / shareholders' equity) 2.95% 1.57% -11.7% 7.19% -174% 54.4%
ROA (Net income/ Total Assets) 0.61% -0.69% -1.5% 3.96% -40.2% -5.86%
Assets 1 3,355 -1,605 5,864 1,330 1,783 -675.5
Book Value Per Share 2 1.840 1.840 1.630 1.760 0.1200 0.2100
Cash Flow per Share 2 0.0900 0.0900 0.1000 0.3300 0.4800 0.4200
Capex 1 4.22 12.6 21.9 8.79 2.76 13.6
Capex / Sales 0.45% 1.17% 1.98% 0.95% 0.49% 3.72%
Announcement Date 29/03/18 31/01/19 06/04/20 17/03/21 29/04/22 28/04/23
1CNY in Million2CNY
Estimates
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