End-of-day quote
Shanghai S.E.
06:00:00 2024-04-29 pm EDT
|
5-day change
|
1st Jan Change
|
6.95
CNY
|
-1.14%
|
|
-2.25%
|
+17.20%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
127,855
|
132,503
|
159,442
|
123,854
|
128,987
|
150,829
|
-
|
-
|
Enterprise Value (EV)
1 |
142,135
|
151,799
|
184,433
|
141,357
|
148,389
|
162,512
|
148,158
|
141,511
|
P/E ratio
|
10.3
x
|
10.4
x
|
6.69
x
|
9.98
x
|
11
x
|
12.1
x
|
10.3
x
|
8.77
x
|
Yield
|
4.88%
|
5.04%
|
3.49%
|
1.79%
|
3.37%
|
4.33%
|
4.79%
|
6.31%
|
Capitalization / Revenue
|
0.44
x
|
0.47
x
|
0.44
x
|
0.34
x
|
0.37
x
|
0.43
x
|
0.42
x
|
0.43
x
|
EV / Revenue
|
0.49
x
|
0.54
x
|
0.51
x
|
0.38
x
|
0.43
x
|
0.47
x
|
0.41
x
|
0.4
x
|
EV / EBITDA
|
4.11
x
|
4.29
x
|
3.58
x
|
3.98
x
|
-
|
4.7
x
|
3.93
x
|
3.51
x
|
EV / FCF
|
11.3
x
|
15.7
x
|
4.81
x
|
6.07
x
|
29.5
x
|
15.4
x
|
11.1
x
|
6.26
x
|
FCF Yield
|
8.87%
|
6.37%
|
20.8%
|
16.5%
|
3.39%
|
6.51%
|
8.98%
|
16%
|
Price to Book
|
0.72
x
|
0.72
x
|
0.84
x
|
0.64
x
|
0.65
x
|
0.75
x
|
0.71
x
|
0.69
x
|
Nbr of stocks (in thousands)
|
22,274,460
|
22,269,448
|
22,268,412
|
22,156,356
|
21,751,577
|
21,701,961
|
-
|
-
|
Reference price
2 |
5.740
|
5.950
|
7.160
|
5.590
|
5.930
|
6.950
|
6.950
|
6.950
|
Announcement Date
|
4/28/20
|
4/26/21
|
4/28/22
|
4/27/23
|
1/30/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
291,594
|
283,674
|
364,349
|
367,778
|
344,500
|
348,492
|
361,798
|
353,579
|
EBITDA
1 |
34,555
|
35,407
|
51,540
|
35,543
|
-
|
34,570
|
37,713
|
40,372
|
EBIT
1 |
15,515
|
16,955
|
32,563
|
15,604
|
15,950
|
17,831
|
20,272
|
23,595
|
Operating Margin
|
5.32%
|
5.98%
|
8.94%
|
4.24%
|
4.63%
|
5.12%
|
5.6%
|
6.67%
|
Earnings before Tax (EBT)
1 |
14,994
|
16,022
|
30,708
|
15,044
|
15,056
|
16,192
|
19,050
|
22,223
|
Net income
1 |
12,423
|
12,677
|
23,632
|
12,187
|
12,007
|
12,717
|
14,946
|
17,542
|
Net margin
|
4.26%
|
4.47%
|
6.49%
|
3.31%
|
3.49%
|
3.65%
|
4.13%
|
4.96%
|
EPS
2 |
0.5600
|
0.5700
|
1.070
|
0.5600
|
0.5400
|
0.5726
|
0.6744
|
0.7926
|
Free Cash Flow
1 |
12,606
|
9,673
|
38,381
|
23,281
|
5,027
|
10,576
|
13,302
|
22,601
|
FCF margin
|
4.32%
|
3.41%
|
10.53%
|
6.33%
|
1.46%
|
3.03%
|
3.68%
|
6.39%
|
FCF Conversion (EBITDA)
|
36.48%
|
27.32%
|
74.47%
|
65.5%
|
-
|
30.59%
|
35.27%
|
55.98%
|
FCF Conversion (Net income)
|
101.47%
|
76.3%
|
162.41%
|
191.03%
|
41.87%
|
83.17%
|
89%
|
128.84%
|
Dividend per Share
2 |
0.2800
|
0.3000
|
0.2500
|
0.1000
|
0.2000
|
0.3007
|
0.3329
|
0.4385
|
Announcement Date
|
4/28/20
|
4/26/21
|
4/28/22
|
4/27/23
|
1/30/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2020 S2
|
2021 S1
|
2021 Q4
|
2021 S2
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2022 S2
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2023 S2
|
2024 Q1
|
2024 Q2
|
2024 S1
|
2024 Q3
|
2024 Q4
|
2024 S2
|
2025 S1
|
2025 S2
|
---|
Net sales
1 |
150,718
|
129,772
|
153,903
|
185,252
|
86,127
|
179,097
|
85,980
|
97,675
|
183,655
|
94,597
|
89,526
|
184,123
|
78,602
|
91,252
|
169,855
|
85,162
|
89,484
|
174,646
|
80,814
|
75,625
|
174,396
|
90,503
|
102,986
|
171,951
|
171,424
|
171,424
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
|
-
|
-
|
-
|
21,543
|
1,922
|
11,020
|
5,305
|
5,882
|
11,187
|
2,368
|
2,050
|
4,417
|
2,961
|
3,942
|
6,904
|
5,537
|
-
|
9,046
|
2,843
|
-
|
9,003
|
-
|
-
|
13,730
|
14,395
|
14,288
|
Operating Margin
|
-
|
-
|
-
|
11.63%
|
2.23%
|
6.15%
|
6.17%
|
6.02%
|
6.09%
|
2.5%
|
2.29%
|
2.4%
|
3.77%
|
4.32%
|
4.06%
|
6.5%
|
-
|
5.18%
|
3.52%
|
-
|
5.16%
|
-
|
-
|
7.98%
|
8.4%
|
8.34%
|
Earnings before Tax (EBT)
1 |
-
|
-
|
-
|
-
|
1,577
|
-
|
5,145
|
5,713
|
-
|
2,290
|
1,896
|
-
|
2,814
|
3,702
|
-
|
5,389
|
3,151
|
-
|
2,788
|
2,875
|
-
|
3,583
|
1,925
|
-
|
-
|
-
|
Net income
1 |
-
|
-
|
-
|
-
|
2,042
|
-
|
3,732
|
4,059
|
7,791
|
1,672
|
2,723
|
-
|
1,845
|
2,707
|
-
|
3,798
|
3,657
|
-
|
1,926
|
2,342
|
-
|
2,993
|
1,468
|
-
|
-
|
-
|
Net margin
|
-
|
-
|
-
|
-
|
2.37%
|
-
|
4.34%
|
4.16%
|
4.24%
|
1.77%
|
3.04%
|
-
|
2.35%
|
2.97%
|
-
|
4.46%
|
4.09%
|
-
|
2.38%
|
3.1%
|
-
|
3.31%
|
1.43%
|
-
|
-
|
-
|
EPS
2 |
0.2800
|
0.1800
|
0.3900
|
0.6800
|
0.0900
|
0.3900
|
0.1700
|
0.1800
|
0.3500
|
0.0800
|
0.1300
|
0.2100
|
0.0800
|
0.1300
|
0.2100
|
0.1700
|
0.1600
|
0.3300
|
0.0900
|
0.1052
|
0.3000
|
0.1344
|
0.0659
|
0.4700
|
0.5000
|
0.5000
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
0.2500
|
-
|
-
|
-
|
-
|
-
|
0.1000
|
-
|
-
|
0.1100
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
0.1792
|
-
|
-
|
-
|
Announcement Date
|
4/28/20
|
8/27/20
|
4/26/21
|
8/27/21
|
4/28/22
|
4/28/22
|
4/28/22
|
8/30/22
|
8/30/22
|
10/25/22
|
4/27/23
|
4/27/23
|
4/27/23
|
8/30/23
|
8/30/23
|
10/24/23
|
1/30/24
|
1/30/24
|
4/26/24
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
14,280
|
19,296
|
24,991
|
17,503
|
19,403
|
11,684
|
-
|
-
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
2,671
|
9,317
|
Leverage (Debt/EBITDA)
|
0.4132
x
|
0.545
x
|
0.4849
x
|
0.4924
x
|
-
|
0.338
x
|
-
|
-
|
Free Cash Flow
1 |
12,606
|
9,673
|
38,381
|
23,281
|
5,027
|
10,577
|
13,302
|
22,601
|
ROE (net income / shareholders' equity)
|
7.05%
|
7.03%
|
12.4%
|
6.33%
|
6.04%
|
6.17%
|
6.78%
|
7.81%
|
ROA (Net income/ Total Assets)
|
3.68%
|
3.61%
|
6.4%
|
3.13%
|
-
|
3.37%
|
3.93%
|
4.83%
|
Assets
1 |
337,771
|
351,060
|
369,088
|
389,323
|
-
|
377,018
|
380,783
|
363,005
|
Book Value Per Share
2 |
7.990
|
8.280
|
8.570
|
8.740
|
9.070
|
9.300
|
9.740
|
10.00
|
Cash Flow per Share
2 |
1.320
|
1.260
|
2.690
|
2.010
|
1.140
|
1.430
|
1.390
|
1.550
|
Capex
1 |
16,898
|
18,411
|
21,488
|
21,438
|
20,275
|
17,191
|
16,675
|
16,265
|
Capex / Sales
|
5.79%
|
6.49%
|
5.9%
|
5.83%
|
5.89%
|
4.93%
|
4.61%
|
4.6%
|
Announcement Date
|
4/28/20
|
4/26/21
|
4/28/22
|
4/27/23
|
1/30/24
|
-
|
-
|
-
|
Last Close Price
6.95
CNY Average target price
7.857
CNY Spread / Average Target +13.05% Consensus |
1st Jan change
|
Capi.
|
---|
| +17.20% | 20.84B | | -0.81% | 25.96B | | -7.59% | 11.99B | | +24.52% | 11.31B | | +10.90% | 10.86B | | +9.59% | 10.04B | | -4.90% | 7.95B | | +28.10% | 7.24B | | +1.09% | 7.11B | | -4.15% | 6.43B |
Iron, Steel Mills & Foundries
|