Financials Zhejiang Haiyan Power System Resources Environmental Technology Co.,Ltd.

Equities

688565

CNE100005220

Environmental Services & Equipment

End-of-day quote Shanghai S.E. 23:00:00 02/07/2024 BST 5-day change 1st Jan Change
4.68 CNY -1.27% Intraday chart for Zhejiang Haiyan Power System Resources Environmental Technology Co.,Ltd. +3.77% -44.62%

Valuation

Fiscal Period: December 2021 2022 2023
Capitalization 1 1,733 1,399 1,303
Enterprise Value (EV) 1 1,635 1,391 1,333
P/E ratio 42.6 x -35.4 x -15.1 x
Yield 1.23% - -
Capitalization / Revenue 4.12 x 6.88 x 5.11 x
EV / Revenue 3.89 x 6.85 x 5.23 x
EV / EBITDA 43.6 x -69.6 x -19.1 x
EV / FCF -10.4 x -25.4 x 25.2 x
FCF Yield -9.64% -3.93% 3.97%
Price to Book 2.65 x 2.41 x 2.65 x
Nbr of stocks (in thousands) 149,730 157,857 154,253
Reference price 2 11.57 8.860 8.450
Announcement Date 16/05/22 29/04/23 26/04/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 307.8 333.3 270.7 420.2 203.2 255
EBITDA 1 57.33 63.35 45.04 37.47 -20 -69.64
EBIT 1 56.55 62.29 43.45 31.48 -40.16 -95.21
Operating Margin 18.37% 18.69% 16.05% 7.49% -19.77% -37.33%
Earnings before Tax (EBT) 1 54.16 59.82 49.68 39.68 -46.6 -106.7
Net income 1 47.13 52.17 44.06 36.64 -36.32 -87.84
Net margin 15.31% 15.65% 16.28% 8.72% -17.88% -34.45%
EPS 2 0.4262 0.4643 0.3925 0.2714 -0.2500 -0.5600
Free Cash Flow 1 -33.14 34.68 26.74 -157.6 -54.72 52.91
FCF margin -10.77% 10.41% 9.88% -37.51% -26.93% 20.75%
FCF Conversion (EBITDA) - 54.75% 59.36% - - -
FCF Conversion (Net income) - 66.48% 60.67% - - -
Dividend per Share 2 0.0857 0.0471 - 0.1429 - -
Announcement Date 28/03/19 29/03/20 11/05/21 16/05/22 29/04/23 26/04/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - 25.3 3.39 - - 29.2
Net Cash position 1 11.9 - - 97.5 7.23 -
Leverage (Debt/EBITDA) - 0.3994 x 0.0753 x - - -0.4194 x
Free Cash Flow 1 -33.1 34.7 26.7 -158 -54.7 52.9
ROE (net income / shareholders' equity) 15.4% 14.6% 11% 6.84% -6% -16.4%
ROA (Net income/ Total Assets) 6.41% 5.51% 3.82% 2.37% -2.73% -6.06%
Assets 1 735.4 947.5 1,155 1,545 1,330 1,449
Book Value Per Share 2 3.000 3.380 3.730 4.360 3.680 3.190
Cash Flow per Share 2 0.3200 0.3700 0.5300 0.8900 0.6400 0.6300
Capex 1 62.3 13.1 23.4 75.5 55.9 7.8
Capex / Sales 20.25% 3.94% 8.66% 17.98% 27.53% 3.06%
Announcement Date 28/03/19 29/03/20 11/05/21 16/05/22 29/04/23 26/04/24
1CNY in Million2CNY
Estimates
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