Financials Anhui Anli Material Technology Co., Ltd.

Equities

End-of-day quote Shenzhen S.E. Other stock markets 06:00:00 2024-05-13 pm EDT			5-day change	1st Jan Change
15.36 ^CNY	+1.72%		+0.92%	+13.36%

Apr. 28	Anhui Anli Material Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
Apr. 24	Anhui Anli Material Technology Co., Ltd. Approves Board Appointments	CI

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	2,218	3,756	2,170	2,897	3,284	-	-
Enterprise Value (EV) ¹	2,218	3,756	2,170	2,897	3,284	3,284	3,284
P/E ratio	44 x	28.5 x	14.9 x	39.1 x	16.9 x	13 x	10.3 x
Yield	-	1.21%	-	0.96%	2.52%	3.11%	3.71%
Capitalization / Revenue	-	1.84 x	-	1.45 x	1.34 x	1.11 x	0.99 x
EV / Revenue	-	1.84 x	-	1.45 x	1.34 x	1.11 x	0.99 x
EV / EBITDA	-	15 x	-	15.9 x	11.7 x	10.1 x	8.19 x
EV / FCF	-	81,070,711 x	-	-	-	-	-
FCF Yield	-	0%	-	-	-	-	-
Price to Book	-	3.28 x	-	2.32 x	2.29 x	1.98 x	1.77 x
Nbr of stocks (in thousands)	216,987	216,987	216,987	213,829	213,829	-	-
Reference price ²	10.22	17.31	10.00	13.55	15.10	15.10	15.10
Announcement Date	3/29/21	3/28/22	3/30/23	3/29/24	-	-	-

¹CNY in Million²CNY

Estimates

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	-	2,046	-	2,000	2,448	2,955	3,328
EBITDA ¹	-	250.7	-	182	281.6	325.4	401.1
EBIT ¹	-	146.3	-	73.07	195.7	255.4	315.6
Operating Margin	-	7.15%	-	3.65%	7.99%	8.64%	9.48%
Earnings before Tax (EBT) ¹	-	140.4	-	64.27	191.1	251.8	310.7
Net income ¹	50.46	131.9	144.6	70.82	193.8	252.3	316.7
Net margin	-	6.45%	-	3.54%	7.92%	8.54%	9.52%
EPS ²	0.2325	0.6083	0.6726	0.3463	0.8933	1.160	1.460
Free Cash Flow	-	46.33	-	-	-	-	-
FCF margin	-	2.26%	-	-	-	-	-
FCF Conversion (EBITDA)	-	18.48%	-	-	-	-	-
FCF Conversion (Net income)	-	35.13%	-	-	-	-	-
Dividend per Share ²	-	0.2100	-	0.1300	0.3800	0.4700	0.5600
Announcement Date	3/29/21	3/28/22	3/30/23	3/29/24	-	-	-

¹CNY in Million²CNY

Estimates

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-
Free Cash Flow	-	46.3	-	-	-	-	-
ROE (net income / shareholders' equity)	-	10.7%	-	5.61%	13.5%	15.2%	17.1%
ROA (Net income/ Total Assets)	-	6.16%	-	-	8.2%	9.14%	10.9%
Assets ¹	-	2,142	-	-	2,363	2,759	2,893
Book Value Per Share ²	-	5.270	-	5.840	6.590	7.630	8.540
Cash Flow per Share ²	-	0.6300	-	1.400	0.8600	1.170	1.510
Capex ¹	-	90.9	-	14.6	165	71.3	58.5
Capex / Sales	-	4.44%	-	0.73%	6.74%	2.41%	1.76%
Announcement Date	3/29/21	3/28/22	3/30/23	3/29/24	-	-	-

¹CNY in Million²CNY

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

15.36 CNY

Average target price

19.24 CNY

Spread / Average Target

+25.23%

	1st Jan change	Capi.
ANHUI ANLI MATERIAL TECHNOLOGY CO., LTD.	+13.36%	446M
LESHAN GIANTSTAR FARMING&HUSBANDRY CORPORATION LIMITED	-6.78%	2.47B
WUXI DOUBLE ELEPHANT MICRO FIBRE MATERIAL CO.,LTD	-21.70%	555M
XINGYE LEATHER TECHNOLOGY CO., LTD.	+4.19%	500M
MAYUR UNIQUOTERS LIMITED	-9.03%	266M
SHANDONG TONGDA ISLAND NEW MATERIALS CO.,LTD.	+8.01%	251M
BAIKSAN CO,. LTD	+26.10%	234M
CHOKWANG LEATHER CO.,LTD.	+2.11%	134M
UNI-CHEM CO., LTD.	-9.95%	130M
ULTRAFABRICS HOLDINGS CO.,LTD.	+8.11%	123M