Financials China Resources Chemical Innovative Materials Co., Ltd.

Equities

301090

CNE100004YD1

Commodity Chemicals

End-of-day quote Shenzhen S.E. 06:00:00 2024-05-21 pm EDT 5-day change 1st Jan Change
8.48 CNY +0.24% Intraday chart for China Resources Chemical Innovative Materials Co., Ltd. -1.28% -21.92%

Valuation

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Capitalization 1 19,587 14,883 16,142 12,367 - -
Enterprise Value (EV) 1 19,587 14,883 16,142 12,367 12,367 12,367
P/E ratio 35.5 x 18.1 x 42.2 x 41.6 x 32 x 26 x
Yield - 0.83% - 0.36% 0.48% 0.6%
Capitalization / Revenue 1.56 x 0.86 x - 0.73 x 0.72 x 0.71 x
EV / Revenue 1.56 x 0.86 x - 0.73 x 0.72 x 0.71 x
EV / EBITDA 26.4 x 14.2 x - 25.3 x 20.2 x 16.8 x
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 3.17 x 2.14 x - 1.66 x 1.59 x 1.51 x
Nbr of stocks (in thousands) 1,479,417 1,479,417 1,486,359 1,486,359 - -
Reference price 2 13.24 10.06 10.86 8.320 8.320 8.320
Announcement Date 4/10/22 4/24/23 4/25/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net sales 1 - 12,585 17,327 - 17,024 17,239 17,464
EBITDA 1 - 741.1 1,050 - 488 612 738
EBIT 1 - 618.4 1,056 - 362 482 603
Operating Margin - 4.91% 6.09% - 2.13% 2.8% 3.45%
Earnings before Tax (EBT) 1 823.2 620.3 1,061 - 373 493 614
Net income 1 629 482.3 823.8 381.1 292 385 480
Net margin - 3.83% 4.75% - 1.72% 2.23% 2.75%
EPS 2 - 0.3725 0.5568 0.2575 0.2000 0.2600 0.3200
Free Cash Flow - - - - - - -
FCF margin - - - - - - -
FCF Conversion (EBITDA) - - - - - - -
FCF Conversion (Net income) - - - - - - -
Dividend per Share 2 - - 0.0830 - 0.0300 0.0400 0.0500
Announcement Date 9/28/21 4/10/22 4/24/23 4/25/24 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow - - - - - - -
ROE (net income / shareholders' equity) - 12% 12.6% - 3.9% 5% 5.9%
ROA (Net income/ Total Assets) - 6.48% 8.5% - 2.7% 3.4% 4.1%
Assets 1 - 7,447 9,692 - 10,815 11,324 11,707
Book Value Per Share 2 - 4.180 4.690 - 5.010 5.230 5.500
Cash Flow per Share 2 - 0.4400 0.5100 - 0.2800 0.3300 0.4000
Capex - 521 92.4 - - - -
Capex / Sales - 4.14% 0.53% - - - -
Announcement Date 9/28/21 4/10/22 4/24/23 4/25/24 - - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
8.48 CNY
Average target price
9.6 CNY
Spread / Average Target
+13.21%
Consensus

Annual profits - Rate of surprise

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