Financials Wankai New Materials Co., Ltd.

Equities

301216

CNE1000058L5

Commodity Chemicals

End-of-day quote Shenzhen S.E. 23:00:00 22/05/2024 BST 5-day change 1st Jan Change
11.94 CNY -2.53% Intraday chart for Wankai New Materials Co., Ltd. -2.05% -15.50%

Valuation

Fiscal Period: December 2022 2023 2024 2025 2026
Capitalization 1 9,849 7,278 6,118 - -
Enterprise Value (EV) 1 9,849 7,278 6,118 6,118 6,118
P/E ratio 9.66 x 16.6 x 8.72 x 6.03 x 4.98 x
Yield 1.05% 1.06% 2.01% 2.76% 3.52%
Capitalization / Revenue 0.51 x 0.42 x 0.25 x 0.19 x 0.17 x
EV / Revenue 0.51 x 0.42 x 0.25 x 0.19 x 0.17 x
EV / EBITDA 6.57 x 9.35 x 5.12 x 3.42 x 3.09 x
EV / FCF - - - - -
FCF Yield - - - - -
Price to Book 1.76 x 1.28 x 0.98 x 0.82 x 0.75 x
Nbr of stocks (in thousands) 515,093 515,093 512,384 - -
Reference price 2 19.12 14.13 11.94 11.94 11.94
Announcement Date 12/03/23 19/04/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Net sales 1 - 19,386 17,532 24,577 31,566 36,080
EBITDA 1 - 1,500 778.6 1,196 1,790 1,981
EBIT 1 - 1,168 511.1 844 1,228 1,479
Operating Margin - 6.02% 2.92% 3.43% 3.89% 4.1%
Earnings before Tax (EBT) 1 - 1,170 513.4 844 1,228 1,479
Net income 1 441.9 956.9 436.5 706 1,019 1,237
Net margin - 4.94% 2.49% 2.87% 3.23% 3.43%
EPS 2 1.147 1.980 0.8500 1.370 1.980 2.400
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 - 0.2000 0.1500 0.2400 0.3300 0.4200
Announcement Date 28/04/22 12/03/23 19/04/24 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Net Debt - - - - - -
Net Cash position - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) - 21.7% 7.74% 11.2% 13.6% 15.1%
ROA (Net income/ Total Assets) - 14.4% - 4.3% 5.52% 5.65%
Assets 1 - 6,657 - 16,419 18,460 21,894
Book Value Per Share 2 - 10.90 11.10 12.20 14.60 15.90
Cash Flow per Share 2 - 1.640 -0.2500 -0.3700 0.4900 1.920
Capex 1 - 841 1,832 1,865 1,042 627
Capex / Sales - 4.34% 10.45% 7.59% 3.3% 1.74%
Announcement Date 28/04/22 12/03/23 19/04/24 - - -
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
11.94 CNY
Average target price
17 CNY
Spread / Average Target
+42.38%
Consensus

Annual profits - Rate of surprise

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