Financials Kingenta Ecological Engineering Group Co., Ltd.

Equities

002470

CNE100000TC1

Agricultural Chemicals

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
1.37 CNY +1.48% Intraday chart for Kingenta Ecological Engineering Group Co., Ltd. -1.44% -21.26%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 28,823 20,797 8,741 4,206 9,891 6,802
Enterprise Value (EV) 1 25,848 19,287 10,904 9,261 14,154 10,906
P/E ratio 39.8 x 48.6 x -12.7 x -1.25 x -17.2 x -6.93 x
Yield 0.87% - - - - -
Capitalization / Revenue 1.45 x 1.34 x 0.77 x 0.45 x 1.06 x 0.68 x
EV / Revenue 1.3 x 1.25 x 0.96 x 0.99 x 1.52 x 1.09 x
EV / EBITDA 19.4 x 17.9 x 81.1 x -58.7 x 17.7 x 57.6 x
EV / FCF 18.6 x -9.33 x -4.1 x 7.83 x 27.8 x 9.92 x
FCF Yield 5.37% -10.7% -24.4% 12.8% 3.6% 10.1%
Price to Book 3.07 x 1.99 x 0.9 x 0.67 x 2.5 x 2.3 x
Nbr of stocks (in thousands) 3,150,029 3,290,623 3,286,028 3,286,028 3,286,028 3,286,028
Reference price 2 9.150 6.320 2.660 1.280 3.010 2.070
Announcement Date 4/16/18 4/29/19 6/29/20 4/29/21 4/29/22 4/24/23
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 19,834 15,482 11,309 9,355 9,316 9,977
EBITDA 1 1,334 1,078 134.4 -157.7 799.7 189.4
EBIT 1 859.1 576.2 -445.9 -322.8 204.2 -419.8
Operating Margin 4.33% 3.72% -3.94% -3.45% 2.19% -4.21%
Earnings before Tax (EBT) 1 932.1 630.9 -575.8 -3,306 -499.3 -962.7
Net income 1 715.5 421.4 -683.2 -3,366 -574.1 -982.3
Net margin 3.61% 2.72% -6.04% -35.98% -6.16% -9.85%
EPS 2 0.2300 0.1300 -0.2100 -1.020 -0.1747 -0.2989
Free Cash Flow 1 1,389 -2,067 -2,659 1,183 509.7 1,099
FCF margin 7% -13.35% -23.52% 12.64% 5.47% 11.02%
FCF Conversion (EBITDA) 104.06% - - - 63.74% 580.31%
FCF Conversion (Net income) 194.06% - - - - -
Dividend per Share 2 0.0800 - - - - -
Announcement Date 4/16/18 4/29/19 6/29/20 4/29/21 4/29/22 4/24/23
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - 2,163 5,055 4,263 4,104
Net Cash position 1 2,975 1,509 - - - -
Leverage (Debt/EBITDA) - - 16.1 x -32.05 x 5.331 x 21.67 x
Free Cash Flow 1 1,389 -2,067 -2,659 1,183 510 1,099
ROE (net income / shareholders' equity) 7.31% 3.99% -6.13% -37.2% -12.8% -27.6%
ROA (Net income/ Total Assets) 3.1% 1.7% -1.23% -0.99% 0.84% -1.9%
Assets 1 23,087 24,741 55,659 339,585 -68,380 51,772
Book Value Per Share 2 2.980 3.180 2.960 1.920 1.200 0.9000
Cash Flow per Share 2 1.330 1.230 0.5900 0.2400 0.1700 0.2500
Capex 1 686 779 1,029 280 228 258
Capex / Sales 3.46% 5.03% 9.1% 2.99% 2.45% 2.58%
Announcement Date 4/16/18 4/29/19 6/29/20 4/29/21 4/29/22 4/24/23
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
1
Last Close Price
1.37 CNY
Average target price
1.788 CNY
Spread / Average Target
+30.49%
Consensus

Annual profits - Rate of surprise

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