Financials Shanghai Zhenhua Heavy Industries Co., Ltd.

Equities

600320

CNE000001683

Heavy Machinery & Vehicles

End-of-day quote Shanghai S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
3.69 CNY -0.27% Intraday chart for Shanghai Zhenhua Heavy Industries Co., Ltd. -0.54% +11.14%

Valuation

Fiscal Period: December 2022 2023 2024 2025 2026
Capitalization 1 13,993 13,679 15,344 - -
Enterprise Value (EV) 1 13,993 13,679 15,344 15,344 15,344
P/E ratio 45.9 x 33.2 x 23.1 x 14.8 x 12.7 x
Yield - - - - -
Capitalization / Revenue - 0.42 x 0.42 x 0.38 x 0.35 x
EV / Revenue - 0.42 x 0.42 x 0.38 x 0.35 x
EV / EBITDA - 6.49 x 4.05 x 3.11 x 2.79 x
EV / FCF - - - - -
FCF Yield - - - - -
Price to Book - 1.11 x 1.17 x 1.09 x 1 x
Nbr of stocks (in thousands) 5,268,354 5,268,354 5,268,354 - -
Reference price 2 3.210 3.320 3.690 3.690 3.690
Announcement Date 3/30/23 3/28/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2022 2023 2024 2025 2026
Net sales 1 - 32,933 36,752 40,523 44,184
EBITDA 1 - 2,109 3,786 4,928 5,503
EBIT 1 - 757.2 1,232 2,006 2,252
Operating Margin - 2.3% 3.35% 4.95% 5.1%
Earnings before Tax (EBT) 1 - 785.2 1,257 2,033 2,279
Net income 1 371.9 520 832.7 1,300 1,526
Net margin - 1.58% 2.27% 3.21% 3.45%
EPS 2 0.0700 0.1000 0.1600 0.2500 0.2900
Free Cash Flow - - - - -
FCF margin - - - - -
FCF Conversion (EBITDA) - - - - -
FCF Conversion (Net income) - - - - -
Dividend per Share - - - - -
Announcement Date 3/30/23 3/28/24 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2022 2023 2024 2025 2026
Net Debt - - - - -
Net Cash position - - - - -
Leverage (Debt/EBITDA) - - - - -
Free Cash Flow - - - - -
ROE (net income / shareholders' equity) - 3.37% 5.15% 7.54% 8.18%
ROA (Net income/ Total Assets) - - - - -
Assets 1 - - - - -
Book Value Per Share 2 - 2.990 3.150 3.400 3.690
Cash Flow per Share 2 - 0.9800 -0.3600 1.600 0.0100
Capex 1 - 642 4,276 4,057 3,839
Capex / Sales - 1.95% 11.63% 10.01% 8.69%
Announcement Date 3/30/23 3/28/24 - - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
D+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
1
Last Close Price
3.69 CNY
Average target price
4.32 CNY
Spread / Average Target
+17.07%
Consensus

Annual profits - Rate of surprise

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