Financials Shanghai Huitong Energy Co.,Ltd

Equities

600605

CNE000000370

Real Estate Development & Operations

End-of-day quote Shanghai S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
26.48 CNY +3.88% Intraday chart for Shanghai Huitong Energy Co.,Ltd +8.61% -4.65%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,434 1,640 1,770 1,947 2,112 5,728
Enterprise Value (EV) 1 1,346 1,056 1,736 1,976 1,799 4,371
P/E ratio 80.4 x 70.9 x 35.6 x 32.3 x 228 x 101 x
Yield 0.41% 0.45% 0.85% 0.93% 0.98% 0.36%
Capitalization / Revenue 0.71 x 13.6 x 19.1 x 17.3 x 19.5 x 44.1 x
EV / Revenue 0.67 x 8.78 x 18.7 x 17.5 x 16.6 x 33.6 x
EV / EBITDA 15.3 x 24.3 x 41.3 x 83.4 x 106 x 440 x
EV / FCF 3.22 x 58.1 x -2.94 x -4.97 x 4.99 x 5.05 x
FCF Yield 31% 1.72% -34% -20.1% 20.1% 19.8%
Price to Book 2.06 x 2.31 x 2.28 x 1.74 x 1.88 x 4.43 x
Nbr of stocks (in thousands) 206,282 206,282 206,282 206,282 206,282 206,282
Reference price 2 6.950 7.950 8.579 9.440 10.24 27.77
Announcement Date 2/27/19 2/28/20 2/26/21 4/1/22 3/6/23 3/4/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 2,010 120.3 92.59 112.9 108.5 130
EBITDA 1 87.68 43.46 42 23.69 16.97 9.924
EBIT 1 49.42 24.21 36.77 18.6 11.96 4.862
Operating Margin 2.46% 20.13% 39.72% 16.48% 11.02% 3.74%
Earnings before Tax (EBT) 1 21.16 30.78 66.3 75.64 17.63 52.64
Net income 1 17.79 23.07 49.72 60.27 9.268 56.45
Net margin 0.88% 19.18% 53.7% 53.39% 8.54% 43.43%
EPS 2 0.0864 0.1121 0.2407 0.2920 0.0450 0.2740
Free Cash Flow 1 417.5 18.17 -589.9 -398 360.8 865.2
FCF margin 20.78% 15.1% -637.11% -352.61% 332.62% 665.64%
FCF Conversion (EBITDA) 476.21% 41.8% - - 2,126.01% 8,718.3%
FCF Conversion (Net income) 2,347.69% 78.75% - - 3,893.45% 1,532.64%
Dividend per Share 2 0.0286 0.0357 0.0729 0.0880 0.1000 0.1000
Announcement Date 2/27/19 2/28/20 2/26/21 4/1/22 3/6/23 3/4/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - 29 - -
Net Cash position 1 88.1 584 33.8 - 313 1,357
Leverage (Debt/EBITDA) - - - 1.225 x - -
Free Cash Flow 1 418 18.2 -590 -398 361 865
ROE (net income / shareholders' equity) 2.6% 3.22% 6.68% 5.97% 0.34% 4.46%
ROA (Net income/ Total Assets) 2.54% 1.5% 2.82% 0.8% 0.34% 0.16%
Assets 1 700.2 1,537 1,760 7,577 2,699 35,218
Book Value Per Share 2 3.370 3.450 3.750 5.440 5.460 6.270
Cash Flow per Share 2 2.330 1.330 0.1600 1.840 1.950 6.600
Capex 1 8.97 2.89 3.17 3.93 0.24 0.1
Capex / Sales 0.45% 2.4% 3.42% 3.48% 0.22% 0.08%
Announcement Date 2/27/19 2/28/20 2/26/21 4/1/22 3/6/23 3/4/24
1CNY in Million2CNY
Estimates
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