Financials Zhejiang Feida Environmental Science & Technology Co., Ltd.

Equities

600526

CNE000001BZ9

Environmental Services & Equipment

End-of-day quote Shanghai S.E. 23:00:00 09/05/2024 BST 5-day change 1st Jan Change
4.72 CNY -0.42% Intraday chart for Zhejiang Feida Environmental Science & Technology Co., Ltd. +0.21% -4.45%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,420 2,775 2,480 3,388 4,657 4,383
Enterprise Value (EV) 1 4,238 3,712 3,015 4,360 5,804 4,769
P/E ratio -5.74 x 30.6 x 47.4 x 62.1 x 27 x 19 x
Yield - - - - - -
Capitalization / Revenue 0.69 x 0.81 x 0.8 x 1 x 1.09 x 1.01 x
EV / Revenue 1.2 x 1.09 x 0.97 x 1.29 x 1.35 x 1.1 x
EV / EBITDA -26.7 x 14 x 18.4 x 93.5 x 11.7 x 8.37 x
EV / FCF -19.8 x 5.33 x -8.07 x 65.6 x 75.1 x 9.29 x
FCF Yield -5.05% 18.8% -12.4% 1.52% 1.33% 10.8%
Price to Book 1.26 x 1.38 x 1.22 x 1.62 x 1.22 x 1.07 x
Nbr of stocks (in thousands) 547,405 547,405 547,405 547,405 863,943 887,153
Reference price 2 4.420 5.070 4.530 6.190 5.390 4.940
Announcement Date 18/04/19 08/04/20 07/04/21 31/03/22 17/04/23 15/04/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 3,521 3,416 3,111 3,384 4,284 4,353
EBITDA 1 -158.5 266 163.6 46.62 496.5 569.8
EBIT 1 -275.3 145.6 70.39 -8.792 274.5 344.1
Operating Margin -7.82% 4.26% 2.26% -0.26% 6.41% 7.9%
Earnings before Tax (EBT) 1 -410.5 97.85 73.72 65.27 203.1 307.7
Net income 1 -421.7 90.65 52.32 54.55 152.6 228.6
Net margin -11.98% 2.65% 1.68% 1.61% 3.56% 5.25%
EPS 2 -0.7703 0.1656 0.0956 0.0996 0.2000 0.2600
Free Cash Flow 1 -214 697 -373.8 66.41 77.27 513.3
FCF margin -6.08% 20.4% -12.01% 1.96% 1.8% 11.79%
FCF Conversion (EBITDA) - 261.99% - 142.46% 15.56% 90.08%
FCF Conversion (Net income) - 768.88% - 121.75% 50.63% 224.58%
Dividend per Share - - - - - -
Announcement Date 18/04/19 08/04/20 07/04/21 31/03/22 17/04/23 15/04/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 1,819 936 536 971 1,147 387
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) -11.48 x 3.52 x 3.274 x 20.83 x 2.311 x 0.6788 x
Free Cash Flow 1 -214 697 -374 66.4 77.3 513
ROE (net income / shareholders' equity) -19.6% 4.46% 2.37% 2.33% 4.53% 5.89%
ROA (Net income/ Total Assets) -2.1% 1.19% 0.63% -0.08% 1.77% 2.12%
Assets 1 20,127 7,588 8,259 -67,677 8,638 10,766
Book Value Per Share 2 3.510 3.670 3.730 3.830 4.410 4.640
Cash Flow per Share 2 1.900 1.820 1.960 1.470 1.780 2.010
Capex 1 303 77.7 235 194 197 111
Capex / Sales 8.59% 2.27% 7.57% 5.73% 4.61% 2.55%
Announcement Date 18/04/19 08/04/20 07/04/21 31/03/22 17/04/23 15/04/24
1CNY in Million2CNY
Estimates
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