Financials China Tianying Inc.

Equities

000035

CNE000000FN8

Environmental Services & Equipment

End-of-day quote Shenzhen S.E. 06:00:00 2024-05-09 pm EDT 5-day change 1st Jan Change
4.76 CNY -1.04% Intraday chart for China Tianying Inc. +1.71% -3.64%

Valuation

Fiscal Period: December 2019 2021 2022 2023 2024 2025 2026
Capitalization 1 15,572 15,030 12,107 11,797 11,367 - -
Enterprise Value (EV) 1 15,572 15,030 12,107 11,797 11,367 11,367 11,367
P/E ratio 20.4 x 20.6 x 101 x 35.3 x 14.7 x 11.1 x 7.93 x
Yield - - - 0.43% - - -
Capitalization / Revenue 0.84 x - - 2.22 x 1.31 x 1.08 x 0.84 x
EV / Revenue 0.84 x - - 2.22 x 1.31 x 1.08 x 0.84 x
EV / EBITDA 5.38 x - - 10.2 x 5.8 x 4.67 x 3.66 x
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Price to Book 1.44 x - - 1.17 x 1.18 x 1.08 x 1.23 x
Nbr of stocks (in thousands) 2,523,777 2,500,783 2,388,033 2,388,033 2,388,033 - -
Reference price 2 6.170 6.010 5.070 4.940 4.760 4.760 4.760
Announcement Date 4/30/20 3/30/22 4/28/23 4/29/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2021 2022 2023 2024 2025 2026
Net sales 1 18,587 - - 5,324 8,681 10,507 13,611
EBITDA 1 2,896 - - 1,155 1,959 2,432 3,109
EBIT 1 909.6 - - 427.2 1,179 1,543 2,034
Operating Margin 4.89% - - 8.02% 13.59% 14.68% 14.94%
Earnings before Tax (EBT) 1 1,057 - - 420.3 1,193 1,556 2,017
Net income 1 713 729 123.5 337.3 812.6 1,086 1,522
Net margin 3.84% - - 6.34% 9.36% 10.33% 11.18%
EPS 2 0.3018 0.2919 0.0500 0.1400 0.3233 0.4300 0.6000
Free Cash Flow - - - - - - -
FCF margin - - - - - - -
FCF Conversion (EBITDA) - - - - - - -
FCF Conversion (Net income) - - - - - - -
Dividend per Share 2 - - - 0.0210 - - -
Announcement Date 4/30/20 3/30/22 4/28/23 4/29/24 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow - - - - - - -
ROE (net income / shareholders' equity) 7.44% - - 3.22% 8% 9.19% 15.6%
ROA (Net income/ Total Assets) - - - - 2.8% 3.55% 4.3%
Assets 1 - - - - 29,021 30,582 35,395
Book Value Per Share 2 4.280 - - 4.220 4.050 4.410 3.860
Cash Flow per Share 2 0.9500 - - 0.1900 0.7600 1.100 1.180
Capex 1 3,553 - - 2,379 975 1,072 718
Capex / Sales 19.11% - - 44.69% 11.23% 10.2% 5.28%
Announcement Date 4/30/20 3/30/22 4/28/23 4/29/24 - - -
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

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
4.76 CNY
Average target price
7.3 CNY
Spread / Average Target
+53.36%
Consensus

Annual profits - Rate of surprise

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