Financials Jinneng Holding Shanxi Electric Power Co.,LTD.

Equities

000767

CNE000000776

Electric Utilities

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
2.48 CNY +2.90% Intraday chart for Jinneng Holding Shanxi Electric Power Co.,LTD. +2.48% -17.61%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 7,600 7,477 12,277 11,569 10,431 9,262
Enterprise Value (EV) 1 34,544 35,049 41,412 40,411 37,677 37,904
P/E ratio 23.8 x 110 x 54.3 x -522 x -13.2 x -11.8 x
Yield - - - - - -
Capitalization / Revenue 0.68 x 0.62 x 1.05 x 0.76 x 0.52 x 0.47 x
EV / Revenue 3.08 x 2.91 x 3.54 x 2.65 x 1.86 x 1.93 x
EV / EBITDA 17.5 x 9.93 x 10.6 x 10.3 x 11.8 x 10.9 x
EV / FCF -213 x 23.7 x 199 x 49.8 x -36.4 x -8.55 x
FCF Yield -0.47% 4.22% 0.5% 2.01% -2.75% -11.7%
Price to Book 1.01 x 0.98 x 1.49 x 1.51 x 1.51 x 0.83 x
Nbr of stocks (in thousands) 3,076,942 3,076,942 3,076,942 3,076,942 3,076,942 3,076,942
Reference price 2 2.470 2.430 3.990 3.760 3.390 3.010
Announcement Date 4/25/19 4/23/20 4/22/21 4/28/22 4/27/23 4/15/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 11,230 12,025 11,688 15,275 20,220 19,616
EBITDA 1 1,977 3,530 3,894 3,933 3,206 3,487
EBIT 1 353.4 1,619 1,995 1,996 1,044 1,110
Operating Margin 3.15% 13.47% 17.07% 13.07% 5.16% 5.66%
Earnings before Tax (EBT) 1 24.5 99.26 412.7 26.55 -630.5 -486.2
Net income 1 319.4 68.13 226 3.841 -682.6 -515
Net margin 2.84% 0.57% 1.93% 0.03% -3.38% -2.63%
EPS 2 0.1038 0.0221 0.0735 -0.007200 -0.2561 -0.2542
Free Cash Flow 1 -162.2 1,479 208.1 811.7 -1,035 -4,431
FCF margin -1.44% 12.3% 1.78% 5.31% -5.12% -22.59%
FCF Conversion (EBITDA) - 41.89% 5.34% 20.64% - -
FCF Conversion (Net income) - 2,170.51% 92.05% 21,134.77% - -
Dividend per Share - - - - - -
Announcement Date 4/25/19 4/23/20 4/22/21 4/28/22 4/27/23 4/15/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q1
Net sales -
EBITDA -
EBIT -
Operating Margin -
Earnings before Tax (EBT) -
Net income 1 2.897
Net margin -
EPS 2 0.000900
Dividend per Share -
Announcement Date 4/28/22
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 26,944 27,572 29,135 28,842 27,246 28,643
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 13.63 x 7.811 x 7.482 x 7.333 x 8.498 x 8.214 x
Free Cash Flow 1 -162 1,479 208 812 -1,035 -4,431
ROE (net income / shareholders' equity) 0.61% 0.2% 2.86% -2.87% -7.99% -6.24%
ROA (Net income/ Total Assets) 0.45% 2% 2.31% 2.1% 1.04% 1.12%
Assets 1 71,451 3,410 9,772 183 -65,461 -45,855
Book Value Per Share 2 2.450 2.470 2.680 2.500 2.240 3.610
Cash Flow per Share 2 1.340 1.360 1.570 2.160 3.180 2.260
Capex 1 2,031 3,173 3,348 1,468 1,979 1,670
Capex / Sales 18.08% 26.39% 28.65% 9.61% 9.79% 8.51%
Announcement Date 4/25/19 4/23/20 4/22/21 4/28/22 4/27/23 4/15/24
1CNY in Million2CNY
Estimates
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