End-of-day quote
Shanghai S.E.
06:00:00 2024-04-25 pm EDT
|
5-day change
|
1st Jan Change
|
7.09
CNY
|
-0.28%
|
|
-3.67%
|
+19.56%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
127,855
|
132,503
|
159,442
|
123,854
|
128,987
|
153,867
|
-
|
-
|
Enterprise Value (EV)
1 |
142,135
|
151,799
|
184,433
|
141,357
|
148,389
|
167,608
|
148,946
|
137,453
|
P/E ratio
|
10.3
x
|
10.4
x
|
6.69
x
|
9.98
x
|
11
x
|
11.9
x
|
10.5
x
|
9.16
x
|
Yield
|
4.88%
|
5.04%
|
3.49%
|
1.79%
|
3.37%
|
3.76%
|
4.47%
|
5.53%
|
Capitalization / Revenue
|
0.44
x
|
0.47
x
|
0.44
x
|
0.34
x
|
0.37
x
|
0.44
x
|
0.42
x
|
0.44
x
|
EV / Revenue
|
0.49
x
|
0.54
x
|
0.51
x
|
0.38
x
|
0.43
x
|
0.48
x
|
0.41
x
|
0.39
x
|
EV / EBITDA
|
4.11
x
|
4.29
x
|
3.58
x
|
3.98
x
|
-
|
4.96
x
|
3.91
x
|
3.68
x
|
EV / FCF
|
11.3
x
|
15.7
x
|
4.81
x
|
6.07
x
|
29.5
x
|
15.8
x
|
11.2
x
|
6.08
x
|
FCF Yield
|
8.87%
|
6.37%
|
20.8%
|
16.5%
|
3.39%
|
6.31%
|
8.93%
|
16.4%
|
Price to Book
|
0.72
x
|
0.72
x
|
0.84
x
|
0.64
x
|
0.65
x
|
0.78
x
|
0.72
x
|
0.71
x
|
Nbr of stocks (in thousands)
|
22,274,460
|
22,269,448
|
22,268,412
|
22,156,356
|
21,751,577
|
21,701,961
|
-
|
-
|
Reference price
2 |
5.740
|
5.950
|
7.160
|
5.590
|
5.930
|
7.090
|
7.090
|
7.090
|
Announcement Date
|
4/28/20
|
4/26/21
|
4/28/22
|
4/27/23
|
1/30/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
291,594
|
283,674
|
364,349
|
367,778
|
344,500
|
348,716
|
364,346
|
348,531
|
EBITDA
1 |
34,555
|
35,407
|
51,540
|
35,543
|
-
|
33,775
|
38,136
|
37,373
|
EBIT
1 |
15,515
|
16,955
|
32,563
|
15,604
|
15,950
|
18,161
|
20,426
|
26,166
|
Operating Margin
|
5.32%
|
5.98%
|
8.94%
|
4.24%
|
4.63%
|
5.21%
|
5.61%
|
7.51%
|
Earnings before Tax (EBT)
1 |
14,994
|
16,022
|
30,708
|
15,044
|
15,056
|
16,895
|
19,262
|
21,410
|
Net income
1 |
12,423
|
12,677
|
23,632
|
12,187
|
12,007
|
13,111
|
14,954
|
17,263
|
Net margin
|
4.26%
|
4.47%
|
6.49%
|
3.31%
|
3.49%
|
3.76%
|
4.1%
|
4.95%
|
EPS
2 |
0.5600
|
0.5700
|
1.070
|
0.5600
|
0.5400
|
0.5934
|
0.6728
|
0.7739
|
Free Cash Flow
1 |
12,606
|
9,673
|
38,381
|
23,281
|
5,027
|
10,576
|
13,302
|
22,601
|
FCF margin
|
4.32%
|
3.41%
|
10.53%
|
6.33%
|
1.46%
|
3.03%
|
3.65%
|
6.48%
|
FCF Conversion (EBITDA)
|
36.48%
|
27.32%
|
74.47%
|
65.5%
|
-
|
31.31%
|
34.88%
|
60.47%
|
FCF Conversion (Net income)
|
101.47%
|
76.3%
|
162.41%
|
191.03%
|
41.87%
|
80.67%
|
88.95%
|
130.92%
|
Dividend per Share
2 |
0.2800
|
0.3000
|
0.2500
|
0.1000
|
0.2000
|
0.2666
|
0.3173
|
0.3920
|
Announcement Date
|
4/28/20
|
4/26/21
|
4/28/22
|
4/27/23
|
1/30/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S1
|
2019 S2
|
2020 S1
|
2020 S2
|
2021 S1
|
2021 Q4
|
2021 S2
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2022 S2
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2023 S2
|
2024 Q1
|
2024 Q2
|
2024 S1
|
2024 Q3
|
2024 Q4
|
2024 S2
|
2025 S1
|
---|
Net sales
1 |
141,087
|
150,718
|
129,772
|
153,903
|
185,252
|
86,127
|
179,097
|
85,980
|
97,675
|
183,655
|
94,597
|
89,526
|
184,123
|
78,602
|
91,252
|
169,855
|
85,162
|
89,484
|
174,646
|
80,814
|
75,625
|
170,656
|
90,503
|
102,986
|
170,656
|
172,477
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
|
-
|
-
|
-
|
-
|
21,543
|
1,922
|
11,020
|
5,305
|
5,882
|
11,187
|
2,368
|
2,050
|
4,417
|
2,961
|
3,942
|
6,904
|
5,537
|
-
|
9,046
|
2,843
|
-
|
11,686
|
-
|
-
|
11,069
|
14,066
|
Operating Margin
|
-
|
-
|
-
|
-
|
11.63%
|
2.23%
|
6.15%
|
6.17%
|
6.02%
|
6.09%
|
2.5%
|
2.29%
|
2.4%
|
3.77%
|
4.32%
|
4.06%
|
6.5%
|
-
|
5.18%
|
3.52%
|
-
|
6.85%
|
-
|
-
|
6.49%
|
8.16%
|
Earnings before Tax (EBT)
1 |
-
|
-
|
-
|
-
|
-
|
1,577
|
-
|
5,145
|
5,713
|
-
|
2,290
|
1,896
|
-
|
2,814
|
3,702
|
-
|
5,389
|
3,151
|
-
|
2,788
|
2,875
|
-
|
3,583
|
1,925
|
-
|
-
|
Net income
1 |
-
|
-
|
-
|
-
|
-
|
2,042
|
-
|
3,732
|
4,059
|
7,791
|
1,672
|
2,723
|
-
|
1,845
|
2,707
|
-
|
3,798
|
3,657
|
-
|
1,926
|
2,342
|
-
|
2,993
|
1,468
|
-
|
-
|
Net margin
|
-
|
-
|
-
|
-
|
-
|
2.37%
|
-
|
4.34%
|
4.16%
|
4.24%
|
1.77%
|
3.04%
|
-
|
2.35%
|
2.97%
|
-
|
4.46%
|
4.09%
|
-
|
2.38%
|
3.1%
|
-
|
3.31%
|
1.43%
|
-
|
-
|
EPS
2 |
0.2800
|
0.2800
|
0.1800
|
0.3900
|
0.6800
|
0.0900
|
0.3900
|
0.1700
|
0.1800
|
0.3500
|
0.0800
|
0.1300
|
0.2100
|
0.0800
|
0.1300
|
0.2100
|
0.1700
|
0.1600
|
0.3300
|
0.0900
|
0.1052
|
0.3500
|
0.1344
|
-
|
0.3300
|
0.4400
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
0.2500
|
-
|
-
|
-
|
-
|
-
|
0.1000
|
-
|
-
|
0.1100
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
0.1792
|
-
|
-
|
Announcement Date
|
8/22/19
|
4/28/20
|
8/27/20
|
4/26/21
|
8/27/21
|
4/28/22
|
4/28/22
|
4/28/22
|
8/30/22
|
8/30/22
|
10/25/22
|
4/27/23
|
4/27/23
|
4/27/23
|
8/30/23
|
8/30/23
|
10/24/23
|
1/30/24
|
1/30/24
|
4/26/24
|
-
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
14,280
|
19,296
|
24,991
|
17,503
|
19,403
|
13,741
|
-
|
-
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
4,921
|
16,414
|
Leverage (Debt/EBITDA)
|
0.4132
x
|
0.545
x
|
0.4849
x
|
0.4924
x
|
-
|
0.4068
x
|
-
|
-
|
Free Cash Flow
1 |
12,606
|
9,673
|
38,381
|
23,281
|
5,027
|
10,577
|
13,302
|
22,601
|
ROE (net income / shareholders' equity)
|
7.05%
|
7.03%
|
12.4%
|
6.33%
|
6.04%
|
6.32%
|
6.82%
|
7.3%
|
ROA (Net income/ Total Assets)
|
3.68%
|
3.61%
|
6.4%
|
3.13%
|
-
|
3.43%
|
3.78%
|
6%
|
Assets
1 |
337,771
|
351,060
|
369,088
|
389,323
|
-
|
382,801
|
396,046
|
287,714
|
Book Value Per Share
2 |
7.990
|
8.280
|
8.570
|
8.740
|
9.070
|
9.050
|
9.820
|
10.00
|
Cash Flow per Share
2 |
1.320
|
1.260
|
2.690
|
2.010
|
1.140
|
1.250
|
1.350
|
-
|
Capex
1 |
16,898
|
18,411
|
21,488
|
21,438
|
20,275
|
17,234
|
15,297
|
18,154
|
Capex / Sales
|
5.79%
|
6.49%
|
5.9%
|
5.83%
|
5.89%
|
4.94%
|
4.2%
|
5.21%
|
Announcement Date
|
4/28/20
|
4/26/21
|
4/28/22
|
4/27/23
|
1/30/24
|
-
|
-
|
-
|
Last Close Price
7.09
CNY Average target price
7.562
CNY Spread / Average Target +6.65% Consensus |
1st Jan change
|
Capi.
|
---|
| +19.56% | 21.28B | | +0.70% | 25.86B | | -9.07% | 11.73B | | +24.56% | 11.2B | | +11.54% | 10.91B | | +10.96% | 10.15B | | +2.61% | 8.56B | | +5.78% | 7.32B | | +22.56% | 6.92B | | -3.33% | 6.52B |
Iron, Steel Mills & Foundries
|