Financials Sinofibers Technology Co.,Ltd.

Equities

300777

CNE100003KH3

Specialty Chemicals

End-of-day quote Shenzhen S.E. 23:00:00 08/05/2024 BST 5-day change 1st Jan Change
26.31 CNY +2.97% Intraday chart for Sinofibers Technology Co.,Ltd. +6.82% -11.80%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 12,352 20,245 24,753 21,605 13,116 11,569 - -
Enterprise Value (EV) 1 12,352 20,245 24,560 21,355 13,116 10,948 10,647 10,236
P/E ratio 85.8 x 87.3 x 124 x 35.9 x 45.2 x 29 x 24.2 x 19 x
Yield - - 0.13% 0.51% 0.4% 0.69% 0.78% 0.84%
Capitalization / Revenue 52.7 x 52 x 60.1 x 27.1 x 23.5 x 14.9 x 12.4 x 9.96 x
EV / Revenue 52.7 x 52 x 59.6 x 26.8 x 23.5 x 14.1 x 11.4 x 8.81 x
EV / EBITDA - 62.1 x 81.8 x 31.9 x 27.4 x 18.8 x 15.4 x 12.3 x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 12.6 x 17.1 x 18.4 x 5.55 x 3.22 x 2.62 x 2.4 x 2.16 x
Nbr of stocks (in thousands) 400,010 400,010 400,010 439,575 439,708 439,708 - -
Reference price 2 30.88 50.61 61.88 49.15 29.83 26.31 26.31 26.31
Announcement Date 24/02/20 25/02/21 27/04/22 14/04/23 22/04/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 234.5 389.5 411.8 797.2 558.8 775.5 930.5 1,162
EBITDA 1 - 326.1 300.2 670 479.2 583.1 689.4 834.1
EBIT 1 151.4 262.4 227 588.2 321.5 419.6 504.1 631.2
Operating Margin 64.56% 67.36% 55.12% 73.78% 57.53% 54.11% 54.17% 54.34%
Earnings before Tax (EBT) 1 159.3 269 229.1 588.5 322.7 448 538 687.4
Net income 1 136.6 232.3 201.3 595.5 289.2 398.2 478.5 609.7
Net margin 58.26% 59.65% 48.88% 74.7% 51.75% 51.35% 51.42% 52.49%
EPS 2 0.3600 0.5800 0.5000 1.370 0.6600 0.9077 1.086 1.388
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 - - 0.0830 0.2500 0.1190 0.1823 0.2059 0.2207
Announcement Date 24/02/20 25/02/21 27/04/22 14/04/23 22/04/24 - - -
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 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 111.3 - 142.2 204.2 277.9 - 109 84.07 146.8 308.8 253.1 303.7 241.5 301.9
EBITDA 1 82.64 - 120.6 147.8 - - - - - 236.9 187.1 213.4 189.9 221.3
EBIT 1 64.77 - 110.3 155.8 218 - 58.52 38.23 - 181.5 131.7 158.1 125.6 157.1
Operating Margin 58.19% - 77.53% 76.29% 78.45% - 53.7% 45.47% - 58.78% 52.04% 52.04% 52.02% 52.02%
Earnings before Tax (EBT) 1 - - - - - - 70.18 38.21 - 210.2 152.8 179.1 150.8 182.2
Net income 1 - - - - - 148.4 60.76 35.71 59.25 186.4 134.4 157.6 132.7 160.4
Net margin - - - - - - 55.75% 42.48% 40.37% 60.36% 53.11% 51.89% 54.96% 53.12%
EPS 2 0.1400 - 0.2100 0.3300 0.6200 0.3252 0.1548 0.0812 0.1300 0.4240 0.3057 0.3584 0.3019 0.3647
Dividend per Share 2 0.0800 - - - 0.2500 - - - - - - 0.2446 - -
Announcement Date 27/04/22 29/05/22 29/08/22 27/10/22 14/04/23 25/04/23 29/08/23 25/10/23 22/04/24 - - - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 - - 193 250 - 621 922 1,332
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 16.6% 21.5% 15.7% 19.2% 7.28% 9.25% 10.2% 11.6%
ROA (Net income/ Total Assets) 12.7% - 14% 19.7% - 7.11% 7.96% 9.39%
Assets 1 1,072 - 1,434 3,018 - 5,605 6,011 6,493
Book Value Per Share 2 2.450 2.960 3.360 8.850 9.280 10.10 11.00 12.20
Cash Flow per Share 2 0.2800 0.7400 0.6600 0.2600 1.910 0.9800 1.110 1.340
Capex 1 - - 126 675 589 339 343 359
Capex / Sales - - 30.7% 84.72% 105.38% 43.66% 36.89% 30.88%
Announcement Date 24/02/20 25/02/21 27/04/22 14/04/23 22/04/24 - - -
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
4
Last Close Price
26.31 CNY
Average target price
30.3 CNY
Spread / Average Target
+15.18%
Consensus
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