Financials Wanguo International Mining Group Limited

Equities

3939

KYG9430L1077

Specialty Mining & Metals

Market Closed - Hong Kong S.E. 09:08:22 10/05/2024 BST 5-day change 1st Jan Change
8.23 HKD -7.42% Intraday chart for Wanguo International Mining Group Limited +5.92% +102.71%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,062 1,094 1,333 1,282 1,426 3,055
Enterprise Value (EV) 1 1,171 1,140 1,404 1,294 1,548 3,089
P/E ratio 14.5 x 19.7 x 15.4 x 6.48 x 7.9 x 9.11 x
Yield 1.88% - 1.61% 6.52% 5.81% 5.01%
Capitalization / Revenue 3.31 x 3.52 x 0.96 x 0.64 x 2.09 x 2.32 x
EV / Revenue 3.65 x 3.66 x 1.01 x 0.64 x 2.27 x 2.35 x
EV / EBITDA 9.83 x 11.3 x 10.3 x 4.69 x 5.71 x 5.8 x
EV / FCF -27.2 x 11.9 x 96 x -7.89 x -12.6 x 74.5 x
FCF Yield -3.68% 8.38% 1.04% -12.7% -7.91% 1.34%
Price to Book 1.82 x 1.76 x 1.87 x 1.23 x 1.24 x 2.17 x
Nbr of stocks (in thousands) 720,000 720,000 720,000 828,000 828,000 828,000
Reference price 2 1.475 1.519 1.852 1.548 1.722 3.690
Announcement Date 17/04/19 11/05/20 29/04/21 28/04/22 27/04/23 26/04/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 320.7 311.2 1,394 2,014 681.4 1,315
EBITDA 1 119.1 100.6 136.9 275.7 271.2 532.3
EBIT 1 91.85 67.7 101.2 231.7 223 437.6
Operating Margin 28.64% 21.76% 7.26% 11.5% 32.73% 33.27%
Earnings before Tax (EBT) 1 85.66 65.45 100.9 220.9 209.2 421.6
Net income 1 72.14 55.54 86.71 193.4 180.5 335.4
Net margin 22.5% 17.85% 6.22% 9.6% 26.49% 25.5%
EPS 2 0.1014 0.0771 0.1204 0.2387 0.2180 0.4051
Free Cash Flow 1 -43.1 95.47 14.64 -163.9 -122.4 41.45
FCF margin -13.44% 30.68% 1.05% -8.14% -17.96% 3.15%
FCF Conversion (EBITDA) - 94.88% 10.69% - - 7.79%
FCF Conversion (Net income) - 171.89% 16.88% - - 12.36%
Dividend per Share 2 0.0278 - 0.0298 0.1010 0.1000 0.1850
Announcement Date 17/04/19 11/05/20 29/04/21 28/04/22 27/04/23 26/04/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 108 45.8 71.3 12.2 122 33.4
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 0.9108 x 0.4548 x 0.5205 x 0.0441 x 0.4488 x 0.0628 x
Free Cash Flow 1 -43.1 95.5 14.6 -164 -122 41.4
ROE (net income / shareholders' equity) 9.98% 6.82% 9.28% 15.6% 12.2% 24.4%
ROA (Net income/ Total Assets) 4.68% 3.38% 4.65% 8.9% 7.27% 12.4%
Assets 1 1,543 1,641 1,863 2,173 2,485 2,698
Book Value Per Share 2 0.8100 0.8600 0.9900 1.260 1.390 1.700
Cash Flow per Share 2 0.0300 0.0100 0.0500 0.1400 0.0800 0.2100
Capex 1 37.7 53.2 51.3 232 183 158
Capex / Sales 11.75% 17.11% 3.68% 11.51% 26.79% 11.99%
Announcement Date 17/04/19 11/05/20 29/04/21 28/04/22 27/04/23 26/04/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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