Financials Sichuan New Energy Power Company Limited

Equities

000155

CNE0000014Z0

Electric Utilities

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
11.63 CNY +1.93% Intraday chart for Sichuan New Energy Power Company Limited +15.26% -12.49%

Valuation

Fiscal Period: December 2019 2021 2022 2023 2024 2025 2026
Capitalization 1 5,499 38,442 26,331 19,615 18,940 - -
Enterprise Value (EV) 1 5,499 38,442 26,331 19,615 18,940 18,940 18,940
P/E ratio 25.5 x 115 x 37.2 x 24.6 x 15.1 x 13.1 x 11.7 x
Yield - - - - - - -
Capitalization / Revenue 2.68 x - 6.93 x 5.92 x 5 x 4.36 x 3.76 x
EV / Revenue 2.68 x - 6.93 x 5.92 x 5 x 4.36 x 3.76 x
EV / EBITDA - - 13.5 x 9.84 x 7.9 x 6.67 x 5.85 x
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Price to Book - - 4.9 x 2.66 x 2.02 x 1.74 x 1.52 x
Nbr of stocks (in thousands) 1,270,000 1,448,996 1,475,927 1,475,927 1,628,569 - -
Reference price 2 4.330 26.53 17.84 13.29 11.63 11.63 11.63
Announcement Date 4/23/20 4/20/22 3/16/23 4/27/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2021 2022 2023 2024 2025 2026
Net sales 1 2,051 - 3,801 3,313 3,785 4,346 5,039
EBITDA 1 - - 1,944 1,994 2,397 2,841 3,240
EBIT 1 - - 1,412 1,423 1,640 2,070 2,512
Operating Margin - - 37.13% 42.95% 43.33% 47.63% 49.85%
Earnings before Tax (EBT) 1 - - 1,430 1,429 1,646 2,076 2,518
Net income 1 - 340 709.8 797.4 1,132 1,318 1,460
Net margin - - 18.67% 24.07% 29.91% 30.33% 28.97%
EPS 2 0.1700 0.2300 0.4800 0.5400 0.7700 0.8900 0.9900
Free Cash Flow - - - - - - -
FCF margin - - - - - - -
FCF Conversion (EBITDA) - - - - - - -
FCF Conversion (Net income) - - - - - - -
Dividend per Share - - - - - - -
Announcement Date 4/23/20 4/20/22 3/16/23 4/27/24 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow - - - - - - -
ROE (net income / shareholders' equity) - - 14.1% 13.8% 14.2% 14.4% 13.8%
ROA (Net income/ Total Assets) - - - - - - -
Assets 1 - - - - - - -
Book Value Per Share 2 - - 3.640 5.010 5.770 6.670 7.650
Cash Flow per Share 2 - - 1.950 1.040 1.210 1.360 1.620
Capex 1 - - 1,352 1,964 501 582 801
Capex / Sales - - 35.56% 59.28% 13.23% 13.39% 15.9%
Announcement Date 4/23/20 4/20/22 3/16/23 4/27/24 - - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
11.63 CNY
Average target price
15.51 CNY
Spread / Average Target
+33.36%
Consensus

Annual profits - Rate of surprise

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