Financials Shandong Hi-Speed New Energy Group Limited

Equities

1250

KYG1146W1134

Electric Utilities

Market Closed - Hong Kong S.E. 04:08:20 2024-04-26 am EDT 5-day change 1st Jan Change
1.95 HKD +1.04% Intraday chart for Shandong Hi-Speed New Energy Group Limited +2.63% -9.72%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 16,834 7,051 3,939 8,322 6,162 7,301
Enterprise Value (EV) 1 29,770 26,525 28,598 36,507 36,609 34,352
P/E ratio 9.93 x 5.59 x 6.48 x 14.3 x -15.6 x 23.6 x
Yield - - - - - -
Capitalization / Revenue 1.68 x 1.01 x 0.62 x 1.5 x 1.02 x 1.38 x
EV / Revenue 2.97 x 3.8 x 4.51 x 6.58 x 6.08 x 6.49 x
EV / EBITDA 11.3 x 8.5 x 11.2 x 12.3 x 13.8 x 10.5 x
EV / FCF -6.18 x -7.88 x -8.52 x -22.4 x -17.9 x -43.6 x
FCF Yield -16.2% -12.7% -11.7% -4.46% -5.58% -2.29%
Price to Book 1.97 x 0.79 x 0.48 x 0.87 x 0.55 x 0.5 x
Nbr of stocks (in thousands) 1,270,508 1,270,508 1,270,508 1,270,508 1,270,508 2,246,589
Reference price 2 13.25 5.550 3.100 6.550 4.850 3.250
Announcement Date 4/26/18 4/26/19 4/29/20 4/29/21 4/26/22 4/26/23
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 10,040 6,980 6,336 5,552 6,023 5,296
EBITDA 1 2,630 3,120 2,553 2,973 2,656 3,278
EBIT 1 2,142 2,191 2,193 2,204 1,312 1,956
Operating Margin 21.33% 31.39% 34.62% 39.69% 21.79% 36.93%
Earnings before Tax (EBT) 1 1,862 1,538 1,032 1,018 -264.9 283.5
Net income 1 1,560 1,269 682.9 660 -321.3 258.2
Net margin 15.54% 18.17% 10.78% 11.89% -5.33% 4.88%
EPS 2 1.335 0.9934 0.4783 0.4587 -0.3100 0.1375
Free Cash Flow 1 -4,817 -3,365 -3,358 -1,628 -2,041 -787.3
FCF margin -47.98% -48.2% -53% -29.33% -33.89% -14.86%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 4/26/18 4/26/19 4/29/20 4/29/21 4/26/22 4/26/23
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 12,936 19,474 24,659 28,186 30,448 27,051
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 4.919 x 6.241 x 9.66 x 9.481 x 11.46 x 8.253 x
Free Cash Flow 1 -4,817 -3,365 -3,358 -1,628 -2,041 -787
ROE (net income / shareholders' equity) 23.4% 13.9% 7.7% 7.35% -2.29% 1.66%
ROA (Net income/ Total Assets) 5% 3.45% 2.87% 2.52% 1.46% 2.29%
Assets 1 31,226 36,783 23,811 26,192 -21,936 11,291
Book Value Per Share 2 6.740 7.040 6.430 7.560 8.860 6.480
Cash Flow per Share 2 3.760 2.180 2.910 1.980 0.9000 1.620
Capex 1 3,373 3,437 3,311 2,124 1,347 966
Capex / Sales 33.6% 49.23% 52.26% 38.26% 22.36% 18.25%
Announcement Date 4/26/18 4/26/19 4/29/20 4/29/21 4/26/22 4/26/23
1HKD in Million2HKD
Estimates
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