Financials Jiujiang Shanshui Technology Co.,Ltd

Equities

301190

CNE100005741

Commodity Chemicals

End-of-day quote Shenzhen S.E. 06:00:00 2024-05-16 pm EDT 5-day change 1st Jan Change
17.71 CNY +0.85% Intraday chart for Jiujiang Shanshui Technology Co.,Ltd -1.67% -6.64%

Valuation

Fiscal Period: December 2021 2022 2023
Capitalization 1 6,482 3,859 4,072
Enterprise Value (EV) 1 4,814 2,223 2,632
P/E ratio 34.1 x 38.4 x 193 x
Yield 0.5% 0.83% 0.79%
Capitalization / Revenue 11.7 x 9.64 x 8.22 x
EV / Revenue 8.72 x 5.55 x 5.31 x
EV / EBITDA 27.7 x 25 x 21.7 x
EV / FCF 61.8 x 29.8 x 28.4 x
FCF Yield 1.62% 3.36% 3.52%
Price to Book 3.28 x 1.89 x 2.01 x
Nbr of stocks (in thousands) 214,637 214,637 214,637
Reference price 2 30.20 17.98 18.97
Announcement Date 4/18/22 4/24/23 4/22/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 481 447.4 383.7 552.3 400.4 495.3
EBITDA 1 184.9 175.1 130.8 173.6 89.06 121.1
EBIT 1 176.1 163.3 118.7 159.3 74.25 105.8
Operating Margin 36.61% 36.51% 30.93% 28.85% 18.54% 21.37%
Earnings before Tax (EBT) 1 173.3 166.7 129.2 167.2 121.1 30.12
Net income 1 146 139.1 109.9 142.4 100.4 21.05
Net margin 30.35% 31.1% 28.65% 25.78% 25.08% 4.25%
EPS 2 0.9242 0.8723 0.6829 0.8844 0.4679 0.0981
Free Cash Flow 1 70.1 173 -33.96 77.92 74.72 92.61
FCF margin 14.57% 38.67% -8.85% 14.11% 18.66% 18.7%
FCF Conversion (EBITDA) 37.91% 98.79% - 44.9% 83.9% 76.51%
FCF Conversion (Net income) 48.01% 124.35% - 54.73% 74.41% 439.88%
Dividend per Share 2 0.6000 0.6000 - 0.1500 0.1500 0.1500
Announcement Date 4/30/20 4/30/20 4/18/22 4/18/22 4/24/23 4/22/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 46.1 171 171 1,668 1,636 1,440
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 70.1 173 -34 77.9 74.7 92.6
ROE (net income / shareholders' equity) 60.4% 45.7% 28% 11.8% 5% 1.04%
ROA (Net income/ Total Assets) 28.5% 21.6% 13.6% 7.08% 2.08% 2.82%
Assets 1 511.7 642.6 808.3 2,011 4,834 747.8
Book Value Per Share 2 1.720 2.100 2.780 9.200 9.520 9.450
Cash Flow per Share 2 0.2700 0.7300 0.0700 7.070 6.200 6.210
Capex 1 5.32 3.17 15.8 4.15 106 79.7
Capex / Sales 1.11% 0.71% 4.11% 0.75% 26.43% 16.09%
Announcement Date 4/30/20 4/30/20 4/18/22 4/18/22 4/24/23 4/22/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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