Stock 601789 NINGBO CONSTRUCTION CO., LTD.
Add to a list
To use this feature you must be a member
Log inSign up

Financials Ningbo Construction Co., Ltd.

Equities

601789

CNE100001674

Construction & Engineering

End-of-day quote Shanghai S.E.
Other stock markets
 06:00:00 2024-04-29 pm EDT 		5-day change 1st Jan Change
4.13 CNY -2.82% Intraday chart for Ningbo Construction Co., Ltd. +5.09% -0.24%
Apr. 25 Ningbo Construction Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024 CI
Apr. 24 Ningbo Construction Unit's Consortium Bags Land Development Project for 820 Million Yuan MT

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 3,026 3,719 3,895 3,641 4,695 4,499
Enterprise Value (EV) 1 4,839 4,518 3,799 4,924 4,167 4,911
P/E ratio 13.8 x 15.5 x 15.6 x 9.49 x 14.2 x 14.6 x
Yield 2.26% 2.62% 2.51% 3.22% 2.31% 2.42%
Capitalization / Revenue 0.19 x 0.2 x 0.2 x 0.17 x 0.21 x 0.2 x
EV / Revenue 0.31 x 0.24 x 0.19 x 0.23 x 0.19 x 0.22 x
EV / EBITDA 7.6 x 6.89 x 6.35 x 7.42 x 6.35 x 7.75 x
EV / FCF 8.78 x 9.95 x 4.73 x 155 x 2.86 x 2.26 x
FCF Yield 11.4% 10% 21.1% 0.65% 35% 44.3%
Price to Book 1.11 x 1.28 x 1.09 x 0.94 x 0.93 x 1.05 x
Nbr of stocks (in thousands) 976,080 976,080 976,080 976,091 1,086,799 1,086,799
Reference price 2 3.100 3.810 3.990 3.730 4.320 4.140
Announcement Date 4/25/19 4/28/20 4/19/21 4/18/22 4/17/23 4/15/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 15,542 18,555 19,797 21,320 21,867 22,673
EBITDA 1 636.8 656 598.5 663.9 655.7 634
EBIT 1 553.1 552.6 504.2 554.2 552.9 523.8
Operating Margin 3.56% 2.98% 2.55% 2.6% 2.53% 2.31%
Earnings before Tax (EBT) 1 322.8 333.3 342.4 512.1 417.5 379.7
Net income 1 219.5 240.3 279.6 415.7 348.8 329.4
Net margin 1.41% 1.29% 1.41% 1.95% 1.6% 1.45%
EPS 2 0.2249 0.2462 0.2552 0.3929 0.3033 0.2826
Free Cash Flow 1 551.4 453.8 803.3 31.85 1,456 2,176
FCF margin 3.55% 2.45% 4.06% 0.15% 6.66% 9.6%
FCF Conversion (EBITDA) 86.6% 69.18% 134.22% 4.8% 222.1% 343.19%
FCF Conversion (Net income) 251.17% 188.87% 287.32% 7.66% 417.53% 660.53%
Dividend per Share 2 0.0700 0.1000 0.1000 0.1200 0.1000 0.1000
Announcement Date 4/25/19 4/28/20 4/19/21 4/18/22 4/17/23 4/15/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 1,814 799 - 1,283 - 411
Net Cash position 1 - - 95.2 - 528 -
Leverage (Debt/EBITDA) 2.848 x 1.218 x - 1.932 x - 0.649 x
Free Cash Flow 1 551 454 803 31.9 1,456 2,176
ROE (net income / shareholders' equity) 7.64% 8.08% 8.44% 11% 7.52% 6.42%
ROA (Net income/ Total Assets) 2.43% 2.28% 1.83% 1.76% 1.52% 1.23%
Assets 1 9,052 10,560 15,257 23,678 23,012 26,808
Book Value Per Share 2 2.800 2.970 3.660 3.970 4.660 3.960
Cash Flow per Share 2 2.250 2.240 2.660 2.670 3.420 4.790
Capex 1 185 258 221 164 160 125
Capex / Sales 1.19% 1.39% 1.12% 0.77% 0.73% 0.55%
Announcement Date 4/25/19 4/28/20 4/19/21 4/18/22 4/17/23 4/15/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sector Other Construction & Engineering

1st Jan change Capi.
NINGBO CONSTRUCTION CO., LTD. Stock Ningbo Construction Co., Ltd.
-0.24% 620M
VINCI Stock VINCI
-2.99% 67.18B
LARSEN & TOUBRO LIMITED Stock Larsen & Toubro Limited
+2.00% 59.19B
QUANTA SERVICES, INC. Stock Quanta Services, Inc.
+18.63% 37.48B
CHINA STATE CONSTRUCTION ENGINEERING CORPORATION LIMITED Stock China State Construction Engineering Corporation Limited
+11.43% 30.81B
FERROVIAL SE Stock Ferrovial SE
+2.91% 26.44B
CHINA RAILWAY GROUP LIMITED Stock China Railway Group Limited
+15.67% 20.73B
WSP GLOBAL INC. Stock WSP Global Inc.
+12.77% 18.98B
CHINA COMMUNICATIONS CONSTRUCTION COMPANY LIMITED Stock China Communications Construction Company Limited
+22.13% 16.96B
EMCOR GROUP, INC. Stock EMCOR Group, Inc.
+64.90% 16.69B
Other Construction & Engineering
  1. Stock Market
  2. Equities
  3. 601789 Stock
  4. Financials Ningbo Construction Co., Ltd.