Financials Xinda Investment Holdings Limited

Equities

1281

KYG5636J1022

Electric Utilities

Market Closed - Hong Kong S.E. 04:08:22 2024-04-29 am EDT 5-day change 1st Jan Change
0.066 HKD +1.54% Intraday chart for Xinda Investment Holdings Limited +17.86% +43.48%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 1,646 2,320 404.7 306.1 181.5 91.78
Enterprise Value (EV) 1 2,472 2,391 689.3 325.7 151.2 51.94
P/E ratio 10.5 x 19.1 x -1.53 x 295 x -6.43 x -0.3 x
Yield - - - - - -
Capitalization / Revenue 1.83 x 3.28 x 2.74 x 0.77 x 0.39 x 0.47 x
EV / Revenue 2.75 x 3.37 x 4.67 x 0.82 x 0.33 x 0.27 x
EV / EBITDA 12.8 x 14.5 x -3.7 x 6.69 x 4.81 x 1.93 x
EV / FCF -4.38 x 6.88 x 21.1 x 1.69 x 9.75 x 0.78 x
FCF Yield -22.9% 14.5% 4.74% 59.3% 10.3% 128%
Price to Book 2.13 x 1.57 x 0.33 x 0.26 x 0.16 x 0.11 x
Nbr of stocks (in thousands) 918,948 1,484,604 1,484,604 1,484,604 1,484,604 1,484,604
Reference price 2 1.791 1.563 0.2726 0.2062 0.1222 0.0618
Announcement Date 4/27/18 4/17/19 4/28/20 4/21/21 4/25/22 4/20/23
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 897.9 708.5 147.5 396.4 462.6 195.2
EBITDA 1 193.1 164.4 -186.2 48.67 31.41 26.94
EBIT 1 168.3 134.4 -215.8 18.59 3.566 -7.406
Operating Margin 18.74% 18.97% -146.33% 4.69% 0.77% -3.79%
Earnings before Tax (EBT) 1 158.1 118.9 -325.9 0.983 8.835 -274.3
Net income 1 135.2 107.7 -264.5 1.064 -28.22 -306.4
Net margin 15.06% 15.2% -179.39% 0.27% -6.1% -156.94%
EPS 2 0.1706 0.0820 -0.1782 0.000700 -0.0190 -0.2064
Free Cash Flow 1 -565 347.6 32.69 193.1 15.51 66.25
FCF margin -62.93% 49.06% 22.17% 48.71% 3.35% 33.94%
FCF Conversion (EBITDA) - 211.48% - 396.71% 49.37% 245.95%
FCF Conversion (Net income) - 322.67% - 18,147.81% - -
Dividend per Share - - - - - -
Announcement Date 4/27/18 4/17/19 4/28/20 4/21/21 4/25/22 4/20/23
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 827 70.5 285 19.6 - -
Net Cash position 1 - - - - 30.3 39.8
Leverage (Debt/EBITDA) 4.281 x 0.4289 x -1.529 x 0.4022 x - -
Free Cash Flow 1 -565 348 32.7 193 15.5 66.2
ROE (net income / shareholders' equity) 25.1% 9.62% -19.3% -0.1% -2.53% -30%
ROA (Net income/ Total Assets) 6.52% 4.08% -6.71% 0.68% 0.15% -0.35%
Assets 1 2,072 2,642 3,944 156 -19,343 88,674
Book Value Per Share 2 0.8400 0.9900 0.8200 0.8000 0.7900 0.5800
Cash Flow per Share 2 0.1200 0.1100 0.0200 0.1000 0.1500 0.1400
Capex 1 101 67.2 17 0.96 32.2 28.8
Capex / Sales 11.24% 9.48% 11.55% 0.24% 6.96% 14.74%
Announcement Date 4/27/18 4/17/19 4/28/20 4/21/21 4/25/22 4/20/23
1CNY in Million2CNY
Estimates
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  2. Equities
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  4. Financials Xinda Investment Holdings Limited