Financials Shenma Industry Co.Ltd

Equities

600810

CNE000000D99

Specialty Chemicals

End-of-day quote Shanghai S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
7.63 CNY +1.19% Intraday chart for Shenma Industry Co.Ltd +0.39% +2.55%

Valuation

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 7,779 12,850 8,113 7,769 7,967 - -
Enterprise Value (EV) 1 7,779 12,850 8,113 7,769 7,967 7,967 7,967
P/E ratio 16.3 x - 19 x 62 x 18.2 x 10.5 x 9.66 x
Yield 2.37% 8.27% 1.67% 1.84% 1.83% 3.01% -
Capitalization / Revenue 0.87 x 0.96 x 0.6 x 0.6 x 0.56 x 0.45 x 0.4 x
EV / Revenue 0.87 x 0.96 x 0.6 x 0.6 x 0.56 x 0.45 x 0.4 x
EV / EBITDA 8.9 x - - 8.32 x 5.04 x 3.52 x 3.04 x
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Price to Book 1.61 x 1.69 x 1.08 x 0.99 x 0.98 x 0.93 x 0.89 x
Nbr of stocks (in thousands) 837,376 1,032,121 1,044,176 1,044,178 1,044,179 - -
Reference price 2 9.290 12.45 7.770 7.440 7.630 7.630 7.630
Announcement Date 4/23/21 3/30/22 3/30/23 3/19/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net sales 1 8,912 13,415 13,559 12,919 14,306 17,544 19,961
EBITDA 1 874.4 - - 933.7 1,580 2,264 2,618
EBIT 1 447.8 2,474 493.1 299 556 962.5 1,235
Operating Margin 5.02% 18.44% 3.64% 2.31% 3.89% 5.49% 6.19%
Earnings before Tax (EBT) 1 432.5 - 493.4 308.3 556 963 1,235
Net income 1 370.6 2,144 426.8 123.4 438.5 757.1 820
Net margin 4.16% 15.98% 3.15% 0.95% 3.06% 4.32% 4.11%
EPS 2 0.5700 - 0.4100 0.1200 0.4200 0.7250 0.7900
Free Cash Flow - - - - - - -
FCF margin - - - - - - -
FCF Conversion (EBITDA) - - - - - - -
FCF Conversion (Net income) - - - - - - -
Dividend per Share 2 0.2200 1.030 0.1300 0.1370 0.1400 0.2300 -
Announcement Date 4/23/21 3/30/22 3/30/23 3/19/24 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow - - - - - - -
ROE (net income / shareholders' equity) 6.47% 33.2% 5.69% 1.55% 5.48% 8.84% 9.2%
ROA (Net income/ Total Assets) 1.83% 9.33% 1.6% - 1.3% 2.25% 2.2%
Assets 1 20,263 22,988 26,623 - 33,728 33,649 37,273
Book Value Per Share 2 5.760 7.390 7.190 7.500 7.760 8.220 8.540
Cash Flow per Share 2 0.3500 1.380 0.8100 0.2800 1.550 1.950 -
Capex 1 - 2,264 2,198 2,250 3,554 2,800 2,192
Capex / Sales - 16.88% 16.21% 17.41% 24.84% 15.96% 10.98%
Announcement Date 4/23/21 3/30/22 3/30/23 3/19/24 - - -
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
2
Last Close Price
7.63 CNY
Average target price
9.3 CNY
Spread / Average Target
+21.89%
Consensus

Annual profits - Rate of surprise

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