Financials Shengli Oil & Gas Pipe Holdings Limited

Equities

1080

KYG811661035

Iron & Steel

Market Closed - Hong Kong S.E. 04:08:20 2024-04-26 am EDT 5-day change 1st Jan Change
0.042 HKD 0.00% Intraday chart for Shengli Oil & Gas Pipe Holdings Limited +10.53% -12.50%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 336.4 283.8 270.1 265.2 263.5 169
Enterprise Value (EV) 1 1,079 965 939.7 805.6 411.3 350
P/E ratio -6.21 x -2.05 x -0.83 x -1.01 x -7.98 x -1.72 x
Yield - - - - - -
Capitalization / Revenue 0.37 x 0.33 x 0.32 x 0.17 x 0.25 x 0.29 x
EV / Revenue 1.18 x 1.12 x 1.1 x 0.53 x 0.39 x 0.59 x
EV / EBITDA 9.12 x 347 x -12 x 82 x -16.9 x -4.89 x
EV / FCF 8.55 x -11.1 x 3.87 x 22.4 x 3.51 x -10.5 x
FCF Yield 11.7% -9.02% 25.8% 4.46% 28.5% -9.5%
Price to Book 0.25 x 0.24 x 0.32 x 0.42 x 0.44 x 0.34 x
Nbr of stocks (in thousands) 3,274,366 3,274,366 3,274,366 3,874,366 3,874,366 3,874,366
Reference price 2 0.1027 0.0867 0.0825 0.0684 0.0680 0.0436
Announcement Date 4/29/19 4/27/20 4/15/21 4/11/22 4/20/23 4/12/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 913.4 863 856.4 1,527 1,047 591.9
EBITDA 1 118.4 2.781 -78.02 9.823 -24.3 -71.6
EBIT 1 0.372 -105.8 -171.9 -89.77 -62.37 -89.79
Operating Margin 0.04% -12.26% -20.07% -5.88% -5.96% -15.17%
Earnings before Tax (EBT) 1 -55.32 -161.6 -370.4 -272.3 -29.07 -114.4
Net income 1 -54.17 -138.6 -325.4 -260.7 -33 -98.41
Net margin -5.93% -16.06% -37.99% -17.08% -3.15% -16.63%
EPS 2 -0.0165 -0.0423 -0.0994 -0.0675 -0.008518 -0.0254
Free Cash Flow 1 126.2 -87.09 242.6 35.92 117.3 -33.24
FCF margin 13.82% -10.09% 28.33% 2.35% 11.21% -5.62%
FCF Conversion (EBITDA) 106.65% - - 365.65% - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 4/29/19 4/27/20 4/15/21 4/11/22 4/20/23 4/12/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 743 681 670 540 148 181
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 6.274 x 244.9 x -8.582 x 55.02 x -6.082 x -2.528 x
Free Cash Flow 1 126 -87.1 243 35.9 117 -33.2
ROE (net income / shareholders' equity) -4.01% -12.9% -35.4% -37.1% -4.76% -17.9%
ROA (Net income/ Total Assets) 0.01% -2.61% -4.62% -2.7% -2.53% -5.01%
Assets 1 -629,872 5,305 7,044 9,665 1,302 1,964
Book Value Per Share 2 0.4000 0.3600 0.2600 0.1600 0.1500 0.1300
Cash Flow per Share 2 0.0300 0.0300 0.0300 0.0300 0.0400 0.0400
Capex 1 9 9.52 28 44.2 15 8.01
Capex / Sales 0.99% 1.1% 3.26% 2.9% 1.44% 1.35%
Announcement Date 4/29/19 4/27/20 4/15/21 4/11/22 4/20/23 4/12/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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