Financials Jiangsu Jiangnan High Polymer Fiber Co.,Ltd

Equities

600527

CNE000001G95

Specialty Chemicals

End-of-day quote Shanghai S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
1.65 CNY -1.20% Intraday chart for Jiangsu Jiangnan High Polymer Fiber Co.,Ltd +2.48% -15.38%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,886 3,016 4,658 4,156 3,585 3,377
Enterprise Value (EV) 1 1,879 2,194 3,424 3,161 2,588 2,535
P/E ratio 32.8 x 36.7 x 20.1 x 40.7 x 43.1 x 72.2 x
Yield 5% 4.78% 3.72% 2.92% 4.83% 2.56%
Capitalization / Revenue 2.1 x 2.62 x 4.07 x 4.75 x 4.31 x 4.12 x
EV / Revenue 1.37 x 1.9 x 2.99 x 3.61 x 3.11 x 3.09 x
EV / EBITDA 14.5 x 18.2 x 11.3 x 22.4 x 18.8 x 26.5 x
EV / FCF 97.6 x -22 x 6.67 x -34 x 25.1 x 67 x
FCF Yield 1.02% -4.54% 15% -2.94% 3.98% 1.49%
Price to Book 1.19 x 1.27 x 1.9 x 1.74 x 1.53 x 1.52 x
Nbr of stocks (in thousands) 1,731,761 1,731,761 1,731,761 1,731,761 1,731,761 1,731,761
Reference price 2 1.667 1.742 2.690 2.400 2.070 1.950
Announcement Date 4/16/19 4/20/20 4/19/21 4/25/22 4/19/23 4/15/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,372 1,153 1,145 874.8 831 820.5
EBITDA 1 130 120.9 302.6 141 137.9 95.78
EBIT 1 62.79 56.01 235.7 75.73 68.86 13.68
Operating Margin 4.58% 4.86% 20.59% 8.66% 8.29% 1.67%
Earnings before Tax (EBT) 1 97.92 88.62 267.5 114.4 94.72 51.24
Net income 1 88.42 82.3 232.7 102.6 83.54 46
Net margin 6.45% 7.14% 20.33% 11.72% 10.05% 5.61%
EPS 2 0.0508 0.0475 0.1340 0.0590 0.0480 0.0270
Free Cash Flow 1 19.26 -99.67 513.1 -93.04 103.1 37.82
FCF margin 1.4% -8.65% 44.83% -10.64% 12.41% 4.61%
FCF Conversion (EBITDA) 14.82% - 169.57% - 74.76% 39.49%
FCF Conversion (Net income) 21.78% - 220.49% - 123.4% 82.23%
Dividend per Share 2 0.0833 0.0833 0.1000 0.0700 0.1000 0.0500
Announcement Date 4/16/19 4/20/20 4/19/21 4/25/22 4/19/23 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 1,007 822 1,234 995 997 842
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 19.3 -99.7 513 -93 103 37.8
ROE (net income / shareholders' equity) 3.6% 3.43% 9.65% 4.24% 3.53% 2.01%
ROA (Net income/ Total Assets) 1.55% 1.4% 5.76% 1.84% 1.71% 0.35%
Assets 1 5,711 5,865 4,037 5,581 4,880 13,019
Book Value Per Share 2 1.400 1.370 1.420 1.380 1.360 1.280
Cash Flow per Share 2 0.5800 0.2300 0.2100 0.2000 0.1500 0.1700
Capex 1 59.5 256 18 39 53.7 16.3
Capex / Sales 4.34% 22.19% 1.57% 4.46% 6.46% 1.98%
Announcement Date 4/16/19 4/20/20 4/19/21 4/25/22 4/19/23 4/15/24
1CNY in Million2CNY
Estimates
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