Financials JiaoZuo WanFang Aluminum Manufacturing Co., Ltd

Equities

000612

CNE000000826

Aluminum

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
7.49 CNY -3.73% Intraday chart for JiaoZuo WanFang Aluminum Manufacturing Co., Ltd -5.19% +30.26%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 4,721 5,150 8,369 9,192 6,223 6,855
Enterprise Value (EV) 1 6,455 6,026 8,838 9,675 6,384 6,250
P/E ratio -10.7 x 48.5 x 14.7 x 23.2 x 20.6 x 11.6 x
Yield - 0.23% 0.71% 1.17% 1.34% 2.43%
Capitalization / Revenue 0.96 x 1.08 x 1.76 x 1.87 x 0.93 x 1.11 x
EV / Revenue 1.32 x 1.27 x 1.86 x 1.97 x 0.96 x 1.01 x
EV / EBITDA -26.9 x 16.9 x 11.1 x 10.9 x 182 x 9.32 x
EV / FCF 35.7 x 7.61 x 54.5 x 58.7 x 19.4 x 21.2 x
FCF Yield 2.8% 13.1% 1.84% 1.7% 5.16% 4.71%
Price to Book 1.12 x 1.19 x 1.73 x 1.8 x 1.18 x 1.18 x
Nbr of stocks (in thousands) 1,192,199 1,192,199 1,192,199 1,192,199 1,192,199 1,192,199
Reference price 2 3.960 4.320 7.020 7.710 5.220 5.750
Announcement Date 4/25/19 3/25/20 3/17/21 4/27/22 4/28/23 3/29/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 4,909 4,761 4,744 4,918 6,676 6,187
EBITDA 1 -240.3 357.4 799.8 886.4 35.15 670.7
EBIT 1 -476.5 104.6 572.6 662.8 -177.1 478.8
Operating Margin -9.71% 2.2% 12.07% 13.48% -2.65% 7.74%
Earnings before Tax (EBT) 1 -465.8 105 627.9 461.4 274.4 699.9
Net income 1 -442.1 106.6 567.9 396.6 303.1 593
Net margin -9.01% 2.24% 11.97% 8.06% 4.54% 9.59%
EPS 2 -0.3710 0.0890 0.4760 0.3330 0.2540 0.4970
Free Cash Flow 1 180.9 792.3 162.2 164.8 329.5 294.5
FCF margin 3.69% 16.64% 3.42% 3.35% 4.94% 4.76%
FCF Conversion (EBITDA) - 221.68% 20.29% 18.59% 937.44% 43.9%
FCF Conversion (Net income) - 742.96% 28.57% 41.55% 108.71% 49.65%
Dividend per Share - 0.0100 0.0500 0.0900 0.0700 0.1400
Announcement Date 4/25/19 3/25/20 3/17/21 4/27/22 4/28/23 3/29/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 1,734 876 469 483 160 -
Net Cash position 1 - - - - - 605
Leverage (Debt/EBITDA) -7.216 x 2.45 x 0.5863 x 0.545 x 4.564 x -
Free Cash Flow 1 181 792 162 165 329 294
ROE (net income / shareholders' equity) -9.9% 2.5% 12.4% 8% 5.83% 10.7%
ROA (Net income/ Total Assets) -4% 0.9% 5.06% 5.52% -1.41% 3.8%
Assets 1 11,066 11,793 11,228 7,185 -21,513 15,602
Book Value Per Share 2 3.540 3.620 4.050 4.270 4.440 4.870
Cash Flow per Share 2 0.6000 0.6200 0.6300 0.9700 0.9800 1.330
Capex 1 210 54.2 112 48.8 122 50.2
Capex / Sales 4.27% 1.14% 2.36% 0.99% 1.83% 0.81%
Announcement Date 4/25/19 3/25/20 3/17/21 4/27/22 4/28/23 3/29/24
1CNY in Million2CNY
Estimates
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