Financials Sinoma Energy Conservation Ltd.

Equities

603126

CNE100001TB1

Construction & Engineering

End-of-day quote Shanghai S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
6.06 CNY 0.00% Intraday chart for Sinoma Energy Conservation Ltd. -8.18% -10.09%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 3,144 2,991 3,742 5,067 4,194 4,115
Enterprise Value (EV) 1 2,398 2,061 2,690 4,284 3,412 3,285
P/E ratio 24.2 x 24.3 x 27.8 x 36.2 x 26.7 x 28.7 x
Yield 1.36% 1.43% 1.31% 1.02% 1.31% 1.23%
Capitalization / Revenue 1.68 x 1.32 x 1.44 x 1.72 x 1.3 x 1.34 x
EV / Revenue 1.28 x 0.91 x 1.04 x 1.46 x 1.06 x 1.07 x
EV / EBITDA 11.7 x 11.1 x 10.8 x 17 x 17.6 x 14.6 x
EV / FCF 8.48 x 25.1 x 21.3 x -17.2 x 285 x 34.4 x
FCF Yield 11.8% 3.99% 4.7% -5.82% 0.35% 2.91%
Price to Book 1.89 x 1.71 x 2.04 x 2.64 x 2.06 x 1.95 x
Nbr of stocks (in thousands) 610,500 610,500 610,500 610,500 610,500 610,500
Reference price 2 5.150 4.900 6.130 8.300 6.870 6.740
Announcement Date 3/28/19 3/29/20 3/28/21 3/28/22 4/11/23 4/12/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,874 2,273 2,597 2,941 3,219 3,067
EBITDA 1 204.3 186.4 250 251.6 193.4 225.2
EBIT 1 111 96.46 166.6 187.6 117.9 142.3
Operating Margin 5.93% 4.24% 6.42% 6.38% 3.66% 4.64%
Earnings before Tax (EBT) 1 167 171.1 188.6 208.7 231.4 202.8
Net income 1 129.8 123.1 134.7 139.8 156.9 143.4
Net margin 6.93% 5.42% 5.19% 4.75% 4.87% 4.68%
EPS 2 0.2126 0.2016 0.2207 0.2291 0.2569 0.2349
Free Cash Flow 1 282.7 82.23 126.5 -249.3 11.98 95.58
FCF margin 15.09% 3.62% 4.87% -8.48% 0.37% 3.12%
FCF Conversion (EBITDA) 138.38% 44.12% 50.61% - 6.19% 42.44%
FCF Conversion (Net income) 217.79% 66.8% 93.91% - 7.64% 66.64%
Dividend per Share 2 0.0700 0.0700 0.0800 0.0850 0.0900 0.0830
Announcement Date 3/28/19 3/29/20 3/28/21 3/28/22 4/11/23 4/12/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 746 931 1,052 784 782 830
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 283 82.2 127 -249 12 95.6
ROE (net income / shareholders' equity) 7.5% 7.24% 7.49% 8.19% 8.7% 7.47%
ROA (Net income/ Total Assets) 2.11% 1.68% 2.59% 2.72% 1.57% 1.71%
Assets 1 6,150 7,349 5,205 5,139 10,013 8,395
Book Value Per Share 2 2.730 2.860 3.000 3.150 3.330 3.450
Cash Flow per Share 2 1.320 1.560 1.850 1.500 1.710 2.030
Capex 1 18.2 21.1 67.7 180 212 82.8
Capex / Sales 0.97% 0.93% 2.61% 6.13% 6.6% 2.7%
Announcement Date 3/28/19 3/29/20 3/28/21 3/28/22 4/11/23 4/12/24
1CNY in Million2CNY
Estimates
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