CHANGSHU FENGFAN POWER EQUIPMENT CO., LTD. Financials Changshu Fengfan Power Equipment Co., Ltd.
Equities
601700
CNE100000Z83
Heavy Electrical Equipment
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 4.88 CNY | -.--% |
|
+4.05% | -2.59% |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 4,329 | 7,321 | 5,406 | 6,969 | 5,835 | 5,723 |
| Enterprise Value (EV) 1 | 4,605 | 7,300 | 6,034 | 7,715 | 6,605 | 6,822 |
| P/E ratio | 127 x | -25.8 x | 25.1 x | 76.9 x | 183 x | 83.5 x |
| Yield | 4.71% | - | 2.1% | 0.81% | 0.2% | - |
| Capitalization / Revenue | 2.17 x | 2.49 x | 2.08 x | 2.18 x | 2.13 x | 1.67 x |
| EV / Revenue | 2.31 x | 2.48 x | 2.32 x | 2.41 x | 2.41 x | 1.99 x |
| EV / EBITDA | 62.6 x | 22.9 x | 18 x | 31 x | 42.1 x | 24.2 x |
| EV / FCF | 40.3 x | 23.6 x | -7.94 x | -85.4 x | -66 x | 10.6 x |
| FCF Yield | 2.48% | 4.24% | -12.6% | -1.17% | -1.52% | 9.47% |
| Price to Book | 1.52 x | 3.07 x | 2.08 x | 2.68 x | 2.24 x | 2.99 x |
| Nbr of stocks (in thousands) | 1,133,232 | 1,133,232 | 1,133,232 | 1,133,232 | 1,141,839 | 1,142,247 |
| Reference price 2 | 3.820 | 6.460 | 4.770 | 6.150 | 5.110 | 5.010 |
| Announcement Date | 4/25/19 | 4/27/20 | 3/30/21 | 4/19/22 | 4/28/23 | 4/29/24 |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 1,994 | 2,940 | 2,601 | 3,198 | 2,739 | 3,424 |
| EBITDA 1 | 73.54 | 318.1 | 336 | 248.6 | 156.9 | 282.4 |
| EBIT 1 | 18.18 | 263.4 | 278.5 | 187 | 84.6 | 132.5 |
| Operating Margin | 0.91% | 8.96% | 10.71% | 5.85% | 3.09% | 3.87% |
| Earnings before Tax (EBT) 1 | 33.07 | -262.7 | 271.7 | 111.6 | 45.07 | 48.35 |
| Net income 1 | 31.23 | -279.1 | 218.5 | 93.34 | 32.25 | 68.76 |
| Net margin | 1.57% | -9.49% | 8.4% | 2.92% | 1.18% | 2.01% |
| EPS 2 | 0.0300 | -0.2500 | 0.1900 | 0.0800 | 0.0280 | 0.0600 |
| Free Cash Flow 1 | 114.3 | 309.6 | -759.8 | -90.37 | -100.1 | 645.8 |
| FCF margin | 5.73% | 10.53% | -29.22% | -2.83% | -3.66% | 18.86% |
| FCF Conversion (EBITDA) | 155.38% | 97.32% | - | - | - | 228.64% |
| FCF Conversion (Net income) | 365.96% | - | - | - | - | 939.16% |
| Dividend per Share 2 | 0.1800 | - | 0.1000 | 0.0500 | 0.0100 | - |
| Announcement Date | 4/25/19 | 4/27/20 | 3/30/21 | 4/19/22 | 4/28/23 | 4/29/24 |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 276 | - | 628 | 746 | 770 | 1,100 |
| Net Cash position 1 | - | 20.8 | - | - | - | - |
| Leverage (Debt/EBITDA) | 3.749 x | - | 1.87 x | 2.999 x | 4.909 x | 3.893 x |
| Free Cash Flow 1 | 114 | 310 | -760 | -90.4 | -100 | 646 |
| ROE (net income / shareholders' equity) | 1.04% | -10.6% | 8.83% | 3.56% | 1.29% | 2.66% |
| ROA (Net income/ Total Assets) | 0.25% | 3.55% | 3.72% | 2.34% | 1.06% | 1.32% |
| Assets 1 | 12,616 | -7,869 | 5,867 | 3,984 | 3,056 | 5,220 |
| Book Value Per Share 2 | 2.510 | 2.100 | 2.290 | 2.290 | 2.290 | 1.670 |
| Cash Flow per Share 2 | 0.6400 | 0.9100 | 0.8600 | 0.7000 | 0.7100 | 0.7700 |
| Capex 1 | 55.5 | 31.8 | 183 | 211 | 290 | 110 |
| Capex / Sales | 2.78% | 1.08% | 7.02% | 6.6% | 10.58% | 3.21% |
| Announcement Date | 4/25/19 | 4/27/20 | 3/30/21 | 4/19/22 | 4/28/23 | 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
| 1st Jan change | Capi. | |
|---|---|---|
| -2.59% | 770M | |
| +2.54% | 9.81B | |
| +84.84% | 4.97B | |
| +0.21% | 3.78B | |
| +10.39% | 3.09B | |
| +57.35% | 3.07B | |
| +16.71% | 2.78B | |
| -6.61% | 1.93B | |
| +12.15% | 1.83B | |
| +31.38% | 1.61B |
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- 601700 Stock
- Financials Changshu Fengfan Power Equipment Co., Ltd.
