Financials Guizhou Changzheng Tiancheng Holding Co.,Ltd.

Equities

600112

CNE000000TV2

Electrical Components & Equipment

End-of-day quote Shanghai S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
1.54 CNY +4.76% Intraday chart for Guizhou Changzheng Tiancheng Holding Co.,Ltd. -5.52% -42.75%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 2,505 1,966 1,069 606 1,772 2,424
Enterprise Value (EV) 1 3,341 2,528 1,565 1,069 2,120 2,819
P/E ratio 127 x 115 x -1.26 x -3.1 x 9.81 x -18.3 x
Yield - - - - - -
Capitalization / Revenue 4.43 x 3.86 x 4.01 x 4.35 x 15 x 17.7 x
EV / Revenue 5.91 x 4.96 x 5.88 x 7.68 x 18 x 20.6 x
EV / EBITDA 54.2 x -57.4 x -15.6 x -11.9 x -92.7 x -62 x
EV / FCF -103 x 18.8 x 4.7 x -23.1 x -49.8 x -35 x
FCF Yield -0.97% 5.33% 21.3% -4.34% -2.01% -2.86%
Price to Book 2.17 x 1.61 x 2.91 x -9.6 x 13.3 x 25.5 x
Nbr of stocks (in thousands) 509,205 509,205 509,205 509,205 509,205 509,205
Reference price 2 4.920 3.860 2.100 1.190 3.480 4.760
Announcement Date 4/24/18 4/26/19 6/28/20 4/29/21 4/29/22 4/28/23
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 565 509.7 266.4 139.3 118 136.6
EBITDA 1 61.65 -44.02 -100.4 -89.59 -22.86 -45.49
EBIT 1 38.8 -78.17 -128.1 -113.7 -33.81 -55.03
Operating Margin 6.87% -15.34% -48.1% -81.59% -28.66% -40.28%
Earnings before Tax (EBT) 1 27.52 24.55 -909.3 -195.5 176.5 -137.2
Net income 1 19.75 17.17 -846 -195.5 180.7 -132.6
Net margin 3.5% 3.37% -317.62% -140.33% 153.22% -97.08%
EPS 2 0.0388 0.0337 -1.661 -0.3839 0.3549 -0.2605
Free Cash Flow 1 -32.57 134.8 332.8 -46.39 -42.54 -80.62
FCF margin -5.77% 26.45% 124.94% -33.3% -36.07% -59.01%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - 785.23% - - - -
Dividend per Share - - - - - -
Announcement Date 4/24/18 4/26/19 6/28/20 4/29/21 4/29/22 4/28/23
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q3
Net sales -
EBITDA -
EBIT -
Operating Margin -
Earnings before Tax (EBT) -
Net income 1 -35.24
Net margin -
EPS 2 -0.0692
Dividend per Share -
Announcement Date 10/30/22
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 836 563 496 463 348 396
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 13.56 x -12.79 x -4.941 x -5.173 x -15.21 x -8.695 x
Free Cash Flow 1 -32.6 135 333 -46.4 -42.5 -80.6
ROE (net income / shareholders' equity) 1.69% 1.45% -107% -129% 2,426% -109%
ROA (Net income/ Total Assets) 0.89% -1.82% -3.87% -4.84% -1.61% -2.54%
Assets 1 2,223 -944.1 21,886 4,039 -11,238 5,220
Book Value Per Share 2 2.270 2.390 0.7200 -0.1200 0.2600 0.1900
Cash Flow per Share 2 0.3700 0.1400 0.0400 0.0200 0.0700 0.0100
Capex 1 18.7 51.9 4.33 10.9 4.09 7.21
Capex / Sales 3.32% 10.19% 1.63% 7.85% 3.47% 5.28%
Announcement Date 4/24/18 4/26/19 6/28/20 4/29/21 4/29/22 4/28/23
1CNY in Million2CNY
Estimates
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