Financials CECEP Solar Energy Co.,Ltd.

Equities

000591

CNE0000000K1

Electric Utilities

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
5.16 CNY -1.15% Intraday chart for CECEP Solar Energy Co.,Ltd. +0.98% -7.53%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2024 2025 2026
Capitalization 1 11,006 21,862 33,679 28,655 20,184 - -
Enterprise Value (EV) 1 11,006 21,862 33,679 28,655 20,184 20,184 20,184
P/E ratio 12.1 x 21.3 x 28.5 x 17.9 x 11.2 x 10.5 x 9.38 x
Yield 3.01% - - - 2.71% 2.91% 3.1%
Capitalization / Revenue 2.2 x - - - 2.37 x 2.11 x 1.99 x
EV / Revenue 2.2 x - - - 2.37 x 2.11 x 1.99 x
EV / EBITDA - - - - - - -
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Price to Book 0.83 x - - - 0.83 x 0.79 x 0.74 x
Nbr of stocks (in thousands) 3,007,098 3,007,098 3,007,098 3,909,227 3,911,624 - -
Reference price 2 3.660 7.270 11.20 7.330 5.160 5.160 5.160
Announcement Date 4/17/20 4/13/21 3/14/22 4/12/23 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2024 2025 2026
Net sales 1 5,011 - - - 8,520 9,571 10,140
EBITDA - - - - - - -
EBIT 1 1,049 - - - 2,167 2,327 2,606
Operating Margin 20.94% - - - 25.43% 24.31% 25.7%
Earnings before Tax (EBT) 1 1,005 - - - 2,158 2,318 2,597
Net income 1 910.8 1,028 1,181 1,387 1,779 1,911 2,141
Net margin 18.18% - - - 20.88% 19.97% 21.11%
EPS 2 0.3030 0.3418 0.3927 0.4084 0.4600 0.4900 0.5500
Free Cash Flow - - - - - - -
FCF margin - - - - - - -
FCF Conversion (EBITDA) - - - - - - -
FCF Conversion (Net income) - - - - - - -
Dividend per Share 2 0.1100 - - - 0.1400 0.1500 0.1600
Announcement Date 4/17/20 4/13/21 3/14/22 4/12/23 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2024 2025 2026
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow - - - - - - -
ROE (net income / shareholders' equity) 6.99% - - - 7.36% 7.48% 7.9%
ROA (Net income/ Total Assets) 2.54% - - - 3.4% 3.3% 3.4%
Assets 1 35,832 - - - 52,321 57,920 62,971
Book Value Per Share 2 4.430 - - - 6.180 6.530 6.930
Cash Flow per Share 2 0.6100 - - - 1.210 0.8500 1.130
Capex 1 2,420 - - - 7,030 7,030 7,030
Capex / Sales 48.29% - - - 82.51% 73.45% 69.33%
Announcement Date 4/17/20 4/13/21 3/14/22 4/12/23 - - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
5.16
Average target price
-
Consensus

Annual profits - Rate of surprise

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