Financials Shenzhen Guangju Energy Co., Ltd.

Equities

000096

CNE000001410

Oil & Gas Refining and Marketing

End-of-day quote Shenzhen S.E. 06:00:00 2024-05-21 pm EDT 5-day change 1st Jan Change
10.57 CNY -1.95% Intraday chart for Shenzhen Guangju Energy Co., Ltd. +0.38% -8.80%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 4,884 6,019 5,116 4,662 4,235 6,120
Enterprise Value (EV) 1 3,409 4,422 3,399 2,990 2,784 4,971
P/E ratio 46.3 x 47.5 x 39.4 x 69 x 77.1 x 69.4 x
Yield 0.22% 0.18% 0.21% 7.93% 0.37% 0.47%
Capitalization / Revenue 2.95 x 3.71 x 4.16 x 2.88 x 2.02 x 2.4 x
EV / Revenue 2.06 x 2.72 x 2.77 x 1.85 x 1.33 x 1.95 x
EV / EBITDA 58.1 x 62.8 x 81.5 x 42.5 x 42.7 x 64.5 x
EV / FCF -394 x 60.5 x 103 x -30.7 x 50 x 188 x
FCF Yield -0.25% 1.65% 0.97% -3.25% 2% 0.53%
Price to Book 1.97 x 2.22 x 1.8 x 1.61 x 1.64 x 2.26 x
Nbr of stocks (in thousands) 528,000 528,000 528,000 528,000 528,000 528,000
Reference price 2 9.250 11.40 9.690 8.830 8.020 11.59
Announcement Date 4/3/19 3/30/20 4/7/21 4/11/22 4/17/23 4/29/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,654 1,623 1,229 1,620 2,100 2,553
EBITDA 1 58.68 70.41 41.69 70.31 65.24 77.05
EBIT 1 48.94 59.63 30.41 56.48 51.38 63.52
Operating Margin 2.96% 3.67% 2.47% 3.49% 2.45% 2.49%
Earnings before Tax (EBT) 1 133.5 150 151.3 103.7 82.92 127.3
Net income 1 107.7 124.9 130.1 67.7 55.14 88.15
Net margin 6.51% 7.69% 10.58% 4.18% 2.63% 3.45%
EPS 2 0.2000 0.2400 0.2460 0.1280 0.1040 0.1670
Free Cash Flow 1 -8.642 73.09 32.97 -97.31 55.71 26.5
FCF margin -0.52% 4.5% 2.68% -6.01% 2.65% 1.04%
FCF Conversion (EBITDA) - 103.8% 79.09% - 85.4% 34.39%
FCF Conversion (Net income) - 58.53% 25.35% - 101.03% 30.07%
Dividend per Share 2 0.0200 0.0200 0.0200 0.7000 0.0300 0.0550
Announcement Date 4/3/19 3/30/20 4/7/21 4/11/22 4/17/23 4/29/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 1,475 1,597 1,717 1,673 1,450 1,148
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -8.64 73.1 33 -97.3 55.7 26.5
ROE (net income / shareholders' equity) 4.56% 4.93% 4.76% 2.44% 2.13% 3.42%
ROA (Net income/ Total Assets) 1.18% 1.33% 0.63% 1.15% 1.1% 1.4%
Assets 1 9,157 9,371 20,611 5,907 5,010 6,303
Book Value Per Share 2 4.690 5.140 5.370 5.480 4.880 5.130
Cash Flow per Share 2 2.580 2.790 3.230 2.890 2.470 1.880
Capex 1 41.8 16.9 7.63 3.07 22.5 1.24
Capex / Sales 2.53% 1.04% 0.62% 0.19% 1.07% 0.05%
Announcement Date 4/3/19 3/30/20 4/7/21 4/11/22 4/17/23 4/29/24
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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