Financials China Petroleum Engineering Corporation

Equities

600339

CNE000001642

Construction & Engineering

End-of-day quote Shanghai S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
3.38 CNY -0.29% Intraday chart for China Petroleum Engineering Corporation -2.03% +11.55%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 18,927 17,196 17,196 16,638 16,917 18,871 - -
Enterprise Value (EV) 1 -10,159 -12,640 -3,121 16,638 16,917 18,871 18,871 18,871
P/E ratio 23.5 x 20.1 x 37.4 x 23.1 x 22.7 x 22.5 x 15.8 x 17.8 x
Yield 1.3% 1.49% 0.81% 1.31% - 1.48% 1.48% 1.78%
Capitalization / Revenue 0.29 x 0.24 x 0.22 x 0.2 x 0.21 x 0.23 x 0.21 x 0.2 x
EV / Revenue 0.29 x 0.24 x 0.22 x 0.2 x 0.21 x 0.23 x 0.21 x 0.2 x
EV / EBITDA 7.93 x 7.61 x 8.45 x - 7 x 8.5 x 5.11 x 7.25 x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 0.8 x 0.7 x 0.69 x 0.65 x - 0.7 x 0.68 x 0.66 x
Nbr of stocks (in thousands) 5,583,147 5,583,147 5,583,147 5,583,147 5,583,147 5,583,147 - -
Reference price 2 3.390 3.080 3.080 2.980 3.030 3.380 3.380 3.380
Announcement Date 4/28/20 4/27/21 4/29/22 4/20/23 4/11/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 65,054 70,698 79,832 83,590 80,343 83,844 91,891 92,092
EBITDA 1 2,386 2,261 2,036 - 2,418 2,220 3,692 2,604
EBIT 1 1,422 1,435 906 1,323 1,423 1,581 2,211 2,000
Operating Margin 2.19% 2.03% 1.13% 1.58% 1.77% 1.89% 2.41% 2.17%
Earnings before Tax (EBT) 1 1,505 1,515 902.6 1,270 1,424 1,574 2,215 1,990
Net income 1 803.8 855 459.4 720.7 745.9 838.5 1,198 1,062
Net margin 1.24% 1.21% 0.58% 0.86% 0.93% 1% 1.3% 1.15%
EPS 2 0.1440 0.1531 0.0823 0.1291 0.1336 0.1500 0.2133 0.1900
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 0.0440 0.0460 0.0250 0.0390 - 0.0500 0.0500 0.0600
Announcement Date 4/28/20 4/27/21 4/29/22 4/20/23 4/11/24 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position 29,086 29,836 20,317 - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 3.39% 3.54% 1.86% 2.83% - 3.15% 4.27% 3.7%
ROA (Net income/ Total Assets) 0.86% 0.86% 0.44% 0.67% - 0.75% 0.85% 0.85%
Assets 1 93,799 99,712 104,540 107,059 - 111,795 140,943 124,882
Book Value Per Share 2 4.250 4.410 4.440 4.560 - 4.810 5.000 5.120
Cash Flow per Share 2 -0.4300 -0.0600 0.6900 -0.0300 - 0.5500 0.3800 0.4700
Capex 1 790 492 516 334 - 958 967 978
Capex / Sales 1.21% 0.7% 0.65% 0.4% - 1.14% 1.05% 1.06%
Announcement Date 4/28/20 4/27/21 4/29/22 4/20/23 4/11/24 - - -
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

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
3.38 CNY
Average target price
5.3 CNY
Spread / Average Target
+56.80%
Consensus

Annual profits - Rate of surprise

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