C&D NEWIN PAPER & PULP CORPORATION LIMITED |
Delayed
Other stock markets
|
5-day change | 1st Jan Change | ||
| 0.159 HKD | 0.00% |
|
0.00% | -20.90% |
| Mar. 28 | C&D Newin Paper & Pulp Corporation Limited Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
| Jan. 30 | Evergrande's fate hinges on recognition of China authorities | RE |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 564.8 | 502.1 | 416.5 | 416.5 | 389 | 284.3 |
| Enterprise Value (EV) 1 | 2,753 | 3,368 | 3,155 | 629 | 845.5 | 822.8 |
| P/E ratio | 3.2 x | 5.13 x | -0.76 x | -0.11 x | -1.93 x | -2.21 x |
| Yield | 6.36% | 5.45% | 1.1% | - | - | - |
| Capitalization / Revenue | 0.1 x | 0.08 x | 0.07 x | 0.24 x | 0.28 x | 0.21 x |
| EV / Revenue | 0.48 x | 0.57 x | 0.55 x | 0.37 x | 0.61 x | 0.6 x |
| EV / EBITDA | 11.4 x | 13.7 x | -10.1 x | -0.56 x | -6.76 x | -16.9 x |
| EV / FCF | -4.92 x | -9.46 x | 8.4 x | 0.22 x | -0.41 x | -46.5 x |
| FCF Yield | -20.3% | -10.6% | 11.9% | 448% | -245% | -2.15% |
| Price to Book | 0.27 x | 0.26 x | 0.33 x | -0.19 x | 1.23 x | 1.58 x |
| Nbr of stocks (in thousands) | 114,108 | 114,108 | 114,108 | 114,108 | 1,414,601 | 1,414,601 |
| Reference price 2 | 4.950 | 4.400 | 3.650 | 3.650 | 0.2750 | 0.2010 |
| Announcement Date | 7/30/18 | 7/30/19 | 12/31/21 | 12/31/21 | 4/27/23 | 4/26/24 |
1HKD in Million2HKD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 5,760 | 5,908 | 5,737 | 1,713 | 1,393 | 1,372 |
| EBITDA 1 | 241.3 | 245.4 | -312.3 | -1,126 | -125.1 | -48.72 |
| EBIT 1 | 171.1 | 172.3 | -396.5 | -1,135 | -185.4 | -108.3 |
| Operating Margin | 2.97% | 2.92% | -6.91% | -66.23% | -13.31% | -7.89% |
| Earnings before Tax (EBT) 1 | 239.6 | 139.8 | -513.7 | -2,595 | -201.2 | -129.5 |
| Net income 1 | 196.8 | 109.2 | -550.6 | -3,769 | -201.2 | -128.8 |
| Net margin | 3.42% | 1.85% | -9.6% | -219.95% | -14.45% | -9.39% |
| EPS 2 | 1.545 | 0.8578 | -4.830 | -33.03 | -0.1427 | -0.0910 |
| Free Cash Flow 1 | -559.6 | -356.2 | 375.4 | 2,820 | -2,075 | -17.69 |
| FCF margin | -9.72% | -6.03% | 6.54% | 164.56% | -148.98% | -1.29% |
| FCF Conversion (EBITDA) | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - |
| Dividend per Share 2 | 0.3150 | 0.2400 | 0.0400 | - | - | - |
| Announcement Date | 7/30/18 | 7/30/19 | 12/31/21 | 12/31/21 | 4/27/23 | 4/26/24 |
1HKD in Million2HKD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 2,188 | 2,866 | 2,739 | 212 | 456 | 538 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 9.069 x | 11.68 x | -8.769 x | -0.1887 x | -3.649 x | -11.05 x |
| Free Cash Flow 1 | -560 | -356 | 375 | 2,820 | -2,075 | -17.7 |
| ROE (net income / shareholders' equity) | 9.68% | 5.28% | -29.5% | 766% | -56.6% | -52% |
| ROA (Net income/ Total Assets) | 1.74% | 1.63% | -4% | -20.4% | -0.12% | -5.44% |
| Assets 1 | 11,326 | 6,689 | 13,753 | 18,481 | 163,020 | 2,369 |
| Book Value Per Share 2 | 18.30 | 17.10 | 10.90 | -19.10 | 0.2200 | 0.1300 |
| Cash Flow per Share 2 | 3.160 | 2.910 | 1.800 | 1.710 | 0.0100 | 0.0200 |
| Capex 1 | 181 | 170 | 189 | 0.8 | 54.8 | 18.1 |
| Capex / Sales | 3.14% | 2.88% | 3.3% | 0.05% | 3.94% | 1.32% |
| Announcement Date | 7/30/18 | 7/30/19 | 12/31/21 | 12/31/21 | 4/27/23 | 4/26/24 |
1HKD in Million2HKD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -20.90% | 28.82M | |
| -11.65% | 12.35B | |
| +12.18% | 11.12B | |
| +8.76% | 6.87B | |
| +13.53% | 5.43B | |
| +14.44% | 3.99B | |
| +16.18% | 3.18B | |
| +75.42% | 2.9B | |
| +25.15% | 1.97B | |
| +28.53% | 1.88B |
- Stock Market
- Equities
- 731 Stock
- Financials C&D Newin Paper & Pulp Corporation Limited
