End-of-day quote
Shanghai S.E.
06:00:00 2024-04-29 pm EDT
|
5-day change
|
1st Jan Change
|
15.93
CNY
|
+0.50%
|
|
-3.51%
|
+30.15%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
21,713
|
26,474
|
23,663
|
48,650
|
51,269
|
66,399
|
-
|
-
|
Enterprise Value (EV)
1 |
46,797
|
47,638
|
43,360
|
73,170
|
73,710
|
86,214
|
84,467
|
80,267
|
P/E ratio
|
32.1
x
|
4.94
x
|
-2.32
x
|
17.3
x
|
9.54
x
|
8.47
x
|
6.06
x
|
5.93
x
|
Yield
|
1.22%
|
7.79%
|
-
|
2.84%
|
-
|
6.99%
|
7.09%
|
7.69%
|
Capitalization / Revenue
|
1.56
x
|
1.63
x
|
1.86
x
|
2.62
x
|
2.34
x
|
2.54
x
|
2.39
x
|
2.27
x
|
EV / Revenue
|
3.37
x
|
2.93
x
|
3.41
x
|
3.94
x
|
3.36
x
|
3.3
x
|
3.04
x
|
2.74
x
|
EV / EBITDA
|
13.7
x
|
7.95
x
|
-22.5
x
|
13.7
x
|
9.58
x
|
8.2
x
|
6.57
x
|
5.72
x
|
EV / FCF
|
-
|
-
|
-
|
593
x
|
18.1
x
|
9.49
x
|
9.09
x
|
8.53
x
|
FCF Yield
|
-
|
-
|
-
|
0.17%
|
5.52%
|
10.5%
|
11%
|
11.7%
|
Price to Book
|
0.47
x
|
0.34
x
|
0.4
x
|
0.8
x
|
-
|
1.04
x
|
0.96
x
|
0.87
x
|
Nbr of stocks (in thousands)
|
4,032,033
|
4,762,692
|
4,762,692
|
4,770,776
|
4,770,776
|
4,770,776
|
-
|
-
|
Reference price
2 |
3.289
|
2.567
|
2.420
|
5.281
|
6.699
|
8.523
|
8.523
|
8.523
|
Announcement Date
|
3/30/20
|
3/30/21
|
3/30/22
|
3/30/23
|
3/28/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
13,880
|
16,268
|
12,699
|
18,567
|
21,912
|
26,116
|
27,819
|
29,257
|
EBITDA
1 |
3,426
|
5,993
|
-1,929
|
5,359
|
7,690
|
10,520
|
12,847
|
14,035
|
EBIT
1 |
1,076
|
2,988
|
-4,482
|
2,457
|
6,325
|
8,182
|
9,234
|
10,081
|
Operating Margin
|
7.75%
|
18.37%
|
-35.3%
|
13.23%
|
28.86%
|
31.33%
|
33.19%
|
34.45%
|
Earnings before Tax (EBT)
1 |
1,020
|
2,904
|
-4,517
|
2,753
|
4,740
|
8,519
|
9,307
|
10,616
|
Net income
1 |
431.6
|
2,381
|
-4,975
|
1,461
|
3,349
|
6,153
|
6,778
|
7,937
|
Net margin
|
3.11%
|
14.64%
|
-39.18%
|
7.87%
|
15.28%
|
23.56%
|
24.36%
|
27.13%
|
EPS
2 |
0.1026
|
0.5196
|
-1.045
|
0.3060
|
0.7019
|
1.006
|
1.407
|
1.436
|
Free Cash Flow
1 |
-
|
-
|
-
|
123.3
|
4,066
|
9,084
|
9,294
|
9,412
|
FCF margin
|
-
|
-
|
-
|
0.66%
|
18.55%
|
34.78%
|
33.41%
|
32.17%
|
FCF Conversion (EBITDA)
|
-
|
-
|
-
|
2.3%
|
52.87%
|
86.35%
|
72.35%
|
67.06%
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
8.44%
|
121.41%
|
147.64%
|
137.13%
|
118.58%
|
Dividend per Share
2 |
0.0400
|
0.2000
|
-
|
0.1500
|
-
|
0.5961
|
0.6039
|
0.6551
|
Announcement Date
|
3/30/20
|
3/30/21
|
3/30/22
|
3/30/23
|
3/28/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 S2
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
---|
Net sales
1 |
-
|
-
|
-
|
-
|
-
|
-
|
4,959
|
5,378
|
5,838
|
6,876
|
6,876
|
6,876
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
-
|
-
|
-
|
-
|
-
|
-
|
1,099
|
-211.6
|
1,558
|
2,046
|
2,046
|
2,046
|
Operating Margin
|
-
|
-
|
-
|
-
|
-
|
-
|
22.16%
|
-3.93%
|
26.68%
|
29.76%
|
29.76%
|
29.76%
|
Earnings before Tax (EBT)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
|
-5,519
|
25.03
|
133.8
|
158.8
|
1,096
|
1,710
|
-
|
-
|
-
|
-
|
-
|
-
|
Net margin
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EPS
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
3/30/22
|
4/29/22
|
8/30/22
|
8/30/22
|
4/28/23
|
8/30/23
|
10/26/23
|
3/28/24
|
4/26/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
25,084
|
21,164
|
19,698
|
24,519
|
22,441
|
19,814
|
18,067
|
13,868
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
7.322
x
|
3.532
x
|
-10.21
x
|
4.576
x
|
2.918
x
|
1.883
x
|
1.406
x
|
0.9881
x
|
Free Cash Flow
1 |
-
|
-
|
-
|
123
|
4,066
|
9,084
|
9,295
|
9,412
|
ROE (net income / shareholders' equity)
|
1.54%
|
7.59%
|
-15.5%
|
4.84%
|
10.1%
|
16%
|
16.2%
|
15.9%
|
ROA (Net income/ Total Assets)
|
0.67%
|
3.61%
|
-7.92%
|
2.29%
|
-
|
8.6%
|
8.66%
|
8.63%
|
Assets
1 |
64,612
|
65,901
|
62,851
|
63,818
|
-
|
71,543
|
78,238
|
91,950
|
Book Value Per Share
2 |
6.980
|
7.560
|
6.000
|
6.620
|
-
|
8.230
|
8.910
|
9.800
|
Cash Flow per Share
2 |
1.300
|
1.520
|
0.7100
|
0.8700
|
-
|
1.630
|
2.250
|
1.600
|
Capex
1 |
1,276
|
5,506
|
2,926
|
4,450
|
4,757
|
4,169
|
4,159
|
3,960
|
Capex / Sales
|
9.19%
|
33.85%
|
23.04%
|
23.97%
|
21.71%
|
15.96%
|
14.95%
|
13.53%
|
Announcement Date
|
3/30/20
|
3/30/21
|
3/30/22
|
3/30/23
|
3/28/24
|
-
|
-
|
-
|
Last Close Price
8.523
CNY Average target price
10.35
CNY Spread / Average Target +21.47% Consensus |
1st Jan change
|
Capi.
|
---|
| +15.74% | 5.23B | | +13.83% | 3.51B | | +20.43% | 2.71B | | +33.21% | 2.47B | | +15.70% | 1.84B | | -6.77% | 1.68B | | -10.91% | 1.4B | | +50.56% | 1.21B | | +8.02% | 1.12B |
Sea-Borne Tankers
|