CHINA NATIONAL CHEMICAL ENGINEERING CO., LTD Financials China National Chemical Engineering Co., Ltd
Equities
601117
CNE100000KC0
Construction & Engineering
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 7.31 CNY | +0.55% |
|
+5.94% | +14.94% |
| Apr. 28 | China National Chemical Engineering Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
| Mar. 14 | ChemChina Bags 90.71 Billion Yuan Contracts in January-February | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 31,769 | 28,957 | 73,314 | 48,509 | 38,856 | 44,416 | - | - |
| Enterprise Value (EV) 1 | 6,082 | -3,684 | 35,795 | 13,352 | -130 | 778.4 | -9,427 | 44,416 |
| P/E ratio | 10.4 x | 8.27 x | 14.3 x | 8.92 x | 7.15 x | 7.46 x | 6.31 x | 6 x |
| Yield | 2.9% | 3.8% | 1.22% | 2.23% | 2.8% | 2.68% | 4.05% | 3.37% |
| Capitalization / Revenue | 0.31 x | 0.26 x | 0.53 x | 0.31 x | 0.22 x | 0.22 x | 0.2 x | 0.18 x |
| EV / Revenue | 0.06 x | -0.03 x | 0.26 x | 0.08 x | -0 x | 0 x | -0.04 x | 0.18 x |
| EV / EBITDA | 1.23 x | -0.64 x | 5.22 x | 1.67 x | -0.02 x | 0.08 x | -0.89 x | 3.79 x |
| EV / FCF | - | - | - | - | -0.02 x | 0.09 x | -0.81 x | - |
| FCF Yield | - | - | - | - | -4,471% | 1,169% | -123% | - |
| Price to Book | 0.9 x | 0.84 x | 1.52 x | 0.92 x | 0.68 x | 0.72 x | 0.66 x | 0.6 x |
| Nbr of stocks (in thousands) | 4,933,000 | 4,933,000 | 6,109,471 | 6,109,471 | 6,109,471 | 6,109,471 | - | - |
| Reference price 2 | 6.440 | 5.870 | 12.00 | 7.940 | 6.360 | 7.270 | 7.270 | 7.270 |
| Announcement Date | 4/23/20 | 4/28/21 | 4/27/22 | 3/27/23 | 4/28/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 103,622 | 109,457 | 137,289 | 157,716 | 178,358 | 198,442 | 222,932 | 240,969 |
| EBITDA 1 | 4,945 | 5,752 | 6,854 | 7,983 | 8,326 | 9,457 | 10,543 | 11,705 |
| EBIT 1 | 3,882 | 4,612 | 5,671 | 6,657 | 6,820 | 7,513 | 8,778 | 9,344 |
| Operating Margin | 3.75% | 4.21% | 4.13% | 4.22% | 3.82% | 3.79% | 3.94% | 3.88% |
| Earnings before Tax (EBT) 1 | 3,909 | 4,544 | 6,041 | 6,705 | 6,905 | 7,563 | 8,879 | 9,407 |
| Net income 1 | 3,061 | 3,659 | 4,633 | 5,415 | 5,426 | 5,954 | 7,036 | 7,391 |
| Net margin | 2.95% | 3.34% | 3.37% | 3.43% | 3.04% | 3% | 3.16% | 3.07% |
| EPS 2 | 0.6200 | 0.7100 | 0.8400 | 0.8900 | 0.8900 | 0.9740 | 1.153 | 1.212 |
| Free Cash Flow 1 | - | - | - | - | 5,814 | 9,100 | 11,617 | - |
| FCF margin | - | - | - | - | 3.26% | 4.59% | 5.21% | - |
| FCF Conversion (EBITDA) | - | - | - | - | 69.82% | 96.23% | 110.19% | - |
| FCF Conversion (Net income) | - | - | - | - | 107.14% | 152.84% | 165.1% | - |
| Dividend per Share 2 | 0.1870 | 0.2230 | 0.1460 | 0.1770 | 0.1780 | 0.1950 | 0.2947 | 0.2450 |
| Announcement Date | 4/23/20 | 4/28/21 | 4/27/22 | 3/27/23 | 4/28/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 37,663 | 42,591 | 48,338 | 40,106 | 47,322 | 44,939 | 50,248 | 57,514 | 47,940 |
| EBITDA | - | - | - | - | - | - | - | - | - | - |
| EBIT | - | - | - | - | - | - | - | - | - | - |
| Operating Margin | - | - | - | - | - | - | - | - | - | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - |
| Net income | 1,071 | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - |
| EPS | 0.1800 | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 10/28/22 | 3/27/23 | 4/28/23 | 8/30/23 | 10/28/23 | 4/28/24 | 4/28/24 | - | - | - |
1CNY in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | 25,687 | 32,641 | 37,518 | 35,158 | 38,986 | 43,637 | 53,843 | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | - | - | - | - | 5,814 | 9,100 | 11,617 | - |
| ROE (net income / shareholders' equity) | 9.88% | 10.5% | 11.2% | 10.7% | 9.83% | 9.53% | 10.6% | 9.92% |
| ROA (Net income/ Total Assets) | 2.88% | 2.91% | - | 2.91% | - | 2.6% | 3.1% | 2.7% |
| Assets 1 | 106,447 | 125,950 | - | 186,231 | - | 229,005 | 226,977 | 273,729 |
| Book Value Per Share 2 | 7.120 | 7.030 | 7.890 | 8.660 | 9.410 | 10.20 | 11.10 | 12.00 |
| Cash Flow per Share 2 | 0.9600 | 1.690 | 0.3700 | 0.2500 | 1.500 | 1.470 | 1.540 | 1.470 |
| Capex 1 | 748 | 857 | 3,744 | 3,030 | 3,320 | 3,170 | 3,205 | 3,548 |
| Capex / Sales | 0.72% | 0.78% | 2.73% | 1.92% | 1.86% | 1.6% | 1.44% | 1.47% |
| Announcement Date | 4/23/20 | 4/28/21 | 4/27/22 | 3/27/23 | 4/28/24 | - | - | - |
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
B
Sell
Buy
Mean consensus
BUY
Number of Analysts
10
Last Close Price
7.27
CNY
Average target price
10.84
CNY
Spread / Average Target
+49.07%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +14.31% | 6.15B | |
| -10.69% | 3.74B | |
| +23.75% | 1.8B | |
| +14.44% | 998M | |
| +21.31% | 449M | |
| +25.39% | 376M | |
| +15.12% | 346M | |
| +9.30% | 330M | |
| +28.72% | 278M | |
| +32.58% | 257M |
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