Financials Yueyang Xingchang Petro-Chemical Co., Ltd.

Equities

000819

CNE0000006C5

Commodity Chemicals

End-of-day quote Shenzhen S.E. 06:00:00 2024-05-20 pm EDT 5-day change 1st Jan Change
16.67 CNY +1.46% Intraday chart for Yueyang Xingchang Petro-Chemical Co., Ltd. +15.20% -7.80%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,396 2,308 2,031 5,513 6,831 5,570
Enterprise Value (EV) 1 1,827 1,744 1,490 5,139 6,651 5,060
P/E ratio 46 x 38.2 x 74.6 x 86.5 x 83.5 x 54 x
Yield 0.23% 0.31% 0.15% - - 0.55%
Capitalization / Revenue 1.19 x 1.32 x 1.4 x 2.82 x 2.12 x 1.82 x
EV / Revenue 0.91 x 1 x 1.02 x 2.63 x 2.06 x 1.65 x
EV / EBITDA 22.2 x 18.5 x 22.2 x 49 x 45.7 x 29 x
EV / FCF 43.6 x -114 x -41 x -23.3 x -23.6 x -10.2 x
FCF Yield 2.29% -0.88% -2.44% -4.29% -4.23% -9.81%
Price to Book 3.27 x 2.84 x 2.4 x 6.12 x 6.9 x 3.2 x
Nbr of stocks (in thousands) 299,150 299,150 299,150 299,150 306,325 308,081
Reference price 2 8.009 7.714 6.790 18.43 22.30 18.08
Announcement Date 3/25/19 3/30/20 3/29/21 3/18/22 4/6/23 4/15/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 2,011 1,745 1,456 1,952 3,222 3,067
EBITDA 1 82.17 94.1 67.15 105 145.7 174.7
EBIT 1 57.74 71.49 43.97 78.84 96.37 120.5
Operating Margin 2.87% 4.1% 3.02% 4.04% 2.99% 3.93%
Earnings before Tax (EBT) 1 69.67 84.53 39.65 88.3 103 123
Net income 1 52.07 60.3 27.14 63.79 79.97 101.1
Net margin 2.59% 3.45% 1.86% 3.27% 2.48% 3.3%
EPS 2 0.1742 0.2019 0.0910 0.2130 0.2670 0.3350
Free Cash Flow 1 41.94 -15.32 -36.33 -220.7 -281.4 -496.2
FCF margin 2.09% -0.88% -2.5% -11.3% -8.73% -16.18%
FCF Conversion (EBITDA) 51.04% - - - - -
FCF Conversion (Net income) 80.53% - - - - -
Dividend per Share 2 0.0181 0.0238 0.0100 - - 0.1000
Announcement Date 3/25/19 3/30/20 3/29/21 3/18/22 4/6/23 4/15/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 568 564 541 374 180 510
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 41.9 -15.3 -36.3 -221 -281 -496
ROE (net income / shareholders' equity) 6.45% 7.36% 3.21% 7.99% 9% 5.51%
ROA (Net income/ Total Assets) 4.29% 4.91% 2.81% 4.51% 4.68% 3.14%
Assets 1 1,214 1,228 966.6 1,415 1,709 3,215
Book Value Per Share 2 2.450 2.720 2.830 3.010 3.230 5.650
Cash Flow per Share 2 1.800 1.690 1.570 0.9200 0.7800 2.980
Capex 1 13.8 31.2 137 357 383 819
Capex / Sales 0.69% 1.79% 9.4% 18.29% 11.88% 26.69%
Announcement Date 3/25/19 3/30/20 3/29/21 3/18/22 4/6/23 4/15/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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