JIANGSU LIDAO NEW MATERIALS CO., LTD. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 9.84 CNY | +2.93% |
|
+8.97% | -22.34% |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 2,333 | 2,348 | 2,072 | 2,312 | 2,452 | 2,647 |
| Enterprise Value (EV) 1 | 1,842 | 1,785 | 1,411 | 1,821 | 2,133 | 2,472 |
| P/E ratio | 20.3 x | 20.4 x | 18 x | 17.6 x | 28 x | 39.6 x |
| Yield | 0.72% | 1.51% | 5.04% | 1.81% | 1.11% | 0.77% |
| Capitalization / Revenue | 1.79 x | 1.75 x | 1.52 x | 1.33 x | 1.53 x | 1.88 x |
| EV / Revenue | 1.41 x | 1.33 x | 1.03 x | 1.04 x | 1.33 x | 1.76 x |
| EV / EBITDA | 13.3 x | 11.9 x | 8.79 x | 9.58 x | 16.2 x | 23.9 x |
| EV / FCF | -15.8 x | 5.19 x | 11.5 x | -16.8 x | -83.6 x | 73.8 x |
| FCF Yield | -6.33% | 19.3% | 8.67% | -5.94% | -1.2% | 1.35% |
| Price to Book | 1.77 x | 1.66 x | 1.38 x | 1.52 x | 1.56 x | 1.7 x |
| Nbr of stocks (in thousands) | 208,880 | 208,880 | 208,880 | 208,880 | 208,880 | 208,880 |
| Reference price 2 | 11.17 | 11.24 | 9.920 | 11.07 | 11.74 | 12.67 |
| Announcement Date | 4/28/19 | 4/27/20 | 4/28/21 | 4/25/22 | 3/29/23 | 3/30/24 |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 1,303 | 1,338 | 1,366 | 1,745 | 1,603 | 1,407 |
| EBITDA 1 | 138.2 | 150 | 160.6 | 190.1 | 131.6 | 103.3 |
| EBIT 1 | 120.3 | 130.9 | 138.3 | 163.9 | 101.1 | 78.8 |
| Operating Margin | 9.23% | 9.79% | 10.12% | 9.39% | 6.31% | 5.6% |
| Earnings before Tax (EBT) 1 | 147.4 | 150.6 | 149.3 | 168.8 | 114.5 | 82.75 |
| Net income 1 | 114.8 | 115.6 | 114.8 | 132.1 | 87.87 | 67.44 |
| Net margin | 8.81% | 8.64% | 8.4% | 7.57% | 5.48% | 4.79% |
| EPS 2 | 0.5500 | 0.5500 | 0.5500 | 0.6300 | 0.4200 | 0.3200 |
| Free Cash Flow 1 | -116.6 | 343.7 | 122.3 | -108.1 | -25.5 | 33.49 |
| FCF margin | -8.95% | 25.69% | 8.95% | -6.2% | -1.59% | 2.38% |
| FCF Conversion (EBITDA) | - | 229.14% | 76.16% | - | - | 32.43% |
| FCF Conversion (Net income) | - | 297.19% | 106.57% | - | - | 49.66% |
| Dividend per Share 2 | 0.0800 | 0.1700 | 0.5000 | 0.2000 | 0.1300 | 0.0970 |
| Announcement Date | 4/28/19 | 4/27/20 | 4/28/21 | 4/25/22 | 3/29/23 | 3/30/24 |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - |
| Net Cash position 1 | 491 | 563 | 661 | 491 | 319 | 175 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - |
| Free Cash Flow 1 | -117 | 344 | 122 | -108 | -25.5 | 33.5 |
| ROE (net income / shareholders' equity) | 9.06% | 8.45% | 7.87% | 8.74% | 5.67% | 4.2% |
| ROA (Net income/ Total Assets) | 5.19% | 5.31% | 4.96% | 5.51% | 3.37% | 2.19% |
| Assets 1 | 2,212 | 2,179 | 2,313 | 2,400 | 2,607 | 3,076 |
| Book Value Per Share 2 | 6.320 | 6.790 | 7.170 | 7.300 | 7.520 | 7.430 |
| Cash Flow per Share 2 | 0.9700 | 1.450 | 2.440 | 2.070 | 1.220 | 0.9000 |
| Capex 1 | 90.9 | 98.4 | 41.4 | 39.6 | 253 | 239 |
| Capex / Sales | 6.98% | 7.35% | 3.03% | 2.27% | 15.77% | 17% |
| Announcement Date | 4/28/19 | 4/27/20 | 4/28/21 | 4/25/22 | 3/29/23 | 3/29/24 |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| -22.34% | 276M | |
| -12.77% | 2.57B | |
| +2.04% | 1.71B | |
| +6.49% | 819M | |
| -8.90% | 819M | |
| -13.55% | 659M | |
| -19.61% | 597M | |
| -25.18% | 252M | |
| -29.25% | 257M | |
| -25.25% | 149M |
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- Financials Jiangsu Lidao New Materials Co., Ltd.