Financials Shaanxi Jinye Science Technology and Education Group Co.,Ltd

Equities

000812

CNE0000006R3

Tobacco

End-of-day quote Shenzhen S.E. 06:00:00 2024-05-06 pm EDT 5-day change 1st Jan Change
4.33 CNY +0.93% Intraday chart for Shaanxi Jinye Science Technology and Education Group Co.,Ltd +1.88% -14.43%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,660 2,537 2,783 7,210 5,304 3,890
Enterprise Value (EV) 1 2,860 3,076 3,438 7,740 6,246 5,150
P/E ratio 119 x 99.1 x 116 x 231 x 84.7 x 97.9 x
Yield - 0.45% - - - 0.4%
Capitalization / Revenue 2.73 x 2.78 x 3.01 x 5.62 x 4.11 x 3.14 x
EV / Revenue 2.93 x 3.37 x 3.71 x 6.03 x 4.84 x 4.16 x
EV / EBITDA 18.1 x 18 x 18.5 x 39.5 x 29.9 x 19.3 x
EV / FCF -25 x -12.9 x 184 x 50.4 x -29.5 x 73.2 x
FCF Yield -4.01% -7.73% 0.54% 1.98% -3.4% 1.37%
Price to Book 1.95 x 1.83 x 1.72 x 4.33 x 3.04 x 2.17 x
Nbr of stocks (in thousands) 768,693 768,693 768,693 768,693 768,693 768,693
Reference price 2 3.460 3.300 3.620 9.380 6.900 5.060
Announcement Date 4/29/19 4/28/20 4/29/21 4/27/22 4/29/23 4/25/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 975.8 911.6 925.9 1,284 1,290 1,239
EBITDA 1 158.2 170.6 185.8 195.7 208.6 267
EBIT 1 76.62 85.39 92.17 104 117.6 155.1
Operating Margin 7.85% 9.37% 9.96% 8.1% 9.11% 12.52%
Earnings before Tax (EBT) 1 48.7 56.66 41.42 47.17 69.34 53.77
Net income 1 22.34 25.56 23.95 31.23 62.67 39.76
Net margin 2.29% 2.8% 2.59% 2.43% 4.86% 3.21%
EPS 2 0.0291 0.0333 0.0312 0.0406 0.0815 0.0517
Free Cash Flow 1 -114.6 -237.9 18.7 153.5 -212.1 70.34
FCF margin -11.74% -26.1% 2.02% 11.96% -16.43% 5.68%
FCF Conversion (EBITDA) - - 10.07% 78.44% - 26.35%
FCF Conversion (Net income) - - 78.1% 491.56% - 176.9%
Dividend per Share - 0.0150 - - - 0.0200
Announcement Date 4/29/19 4/28/20 4/29/21 4/27/22 4/29/23 4/25/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 S1
Net sales -
EBITDA -
EBIT -
Operating Margin -
Earnings before Tax (EBT) -
Net income 1 44.42
Net margin -
EPS 2 0.0578
Dividend per Share -
Announcement Date 8/25/22
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 200 539 655 529 942 1,260
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 1.263 x 3.161 x 3.527 x 2.705 x 4.515 x 4.72 x
Free Cash Flow 1 -115 -238 18.7 154 -212 70.3
ROE (net income / shareholders' equity) 1.69% 2.26% 1.53% 2.03% 3.55% 2.56%
ROA (Net income/ Total Assets) 1.9% 1.91% 1.82% 1.86% 1.88% 2.26%
Assets 1 1,175 1,341 1,316 1,682 3,328 1,756
Book Value Per Share 2 1.770 1.800 2.110 2.170 2.270 2.330
Cash Flow per Share 2 0.4500 0.5000 0.3100 0.5900 0.3300 0.2800
Capex 1 246 310 119 219 442 312
Capex / Sales 25.24% 33.95% 12.88% 17.04% 34.24% 25.18%
Announcement Date 4/29/19 4/28/20 4/29/21 4/27/22 4/29/23 4/25/24
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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