Financials Norinco International Cooperation Ltd.

Equities

000065

CNE000000VZ9

Construction & Engineering

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-28 pm EDT 5-day change 1st Jan Change
12.52 CNY +0.97% Intraday chart for Norinco International Cooperation Ltd. -2.95% +11.59%

Valuation

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Capitalization 1 6,645 8,264 11,240 12,545 - -
Enterprise Value (EV) 1 6,645 8,264 11,240 12,545 12,545 12,545
P/E ratio 11 x 12.7 x 12.8 x 11.9 x 10.2 x 8.66 x
Yield - - 0.82% 1.12% 1.52% -
Capitalization / Revenue - 0.62 x 0.52 x 0.5 x 0.46 x 0.39 x
EV / Revenue - 0.62 x 0.52 x 0.5 x 0.46 x 0.39 x
EV / EBITDA - 6.91 x 8.2 x 7.26 x 6.41 x 5.78 x
EV / FCF - - - 10.4 x 9.09 x 7.22 x
FCF Yield - - - 9.59% 11% 13.9%
Price to Book - 1.08 x 1.33 x 1.28 x 1.16 x 1.02 x
Nbr of stocks (in thousands) 774,482 1,001,708 1,001,780 1,002,018 - -
Reference price 2 8.580 8.250 11.22 12.52 12.52 12.52
Announcement Date 4/29/22 4/24/23 3/29/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Net sales 1 - 13,433 21,488 24,955 27,554 31,855
EBITDA 1 - 1,195 1,371 1,727 1,958 2,169
EBIT 1 - 954.4 1,117 1,354 1,604 1,818
Operating Margin - 7.1% 5.2% 5.43% 5.82% 5.71%
Earnings before Tax (EBT) 1 - 965.5 1,114 1,357 1,608 1,818
Net income 1 623.7 636 918.1 1,063 1,244 1,434
Net margin - 4.73% 4.27% 4.26% 4.52% 4.5%
EPS 2 0.7800 0.6500 0.8800 1.053 1.233 1.445
Free Cash Flow 1 - - - 1,203 1,381 1,738
FCF margin - - - 4.82% 5.01% 5.46%
FCF Conversion (EBITDA) - - - 69.66% 70.53% 80.11%
FCF Conversion (Net income) - - - 113.24% 110.99% 121.19%
Dividend per Share 2 - - 0.0920 0.1400 0.1900 -
Announcement Date 4/29/22 4/24/23 3/29/24 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Net Debt - - - - - -
Net Cash position - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) - 8.98% 11.3% 10.7% 11.2% 11.4%
ROA (Net income/ Total Assets) - - - 3.9% 4.34% 4.1%
Assets 1 - - - 26,818 28,042 33,777
Book Value Per Share 2 - 7.600 8.450 9.620 10.70 12.20
Cash Flow per Share 2 - 0.7400 0.7000 1.310 1.770 1.730
Capex 1 - - 186 349 323 326
Capex / Sales - - 0.86% 1.4% 1.17% 1.01%
Announcement Date 4/29/22 4/24/23 3/29/24 - - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
6
Last Close Price
12.52 CNY
Average target price
15.2 CNY
Spread / Average Target
+21.45%
Consensus

Annual profits - Rate of surprise

  1. Stock Market
  2. Equities
  3. 000065 Stock
  4. Financials Norinco International Cooperation Ltd.