HUNAN VALIN STEEL CO., LTD. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 5.14 CNY | +2.59% |
|
-1.53% | -0.19% |
| Apr. 29 | Hunan Valin Steel Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
| Apr. 02 | Hunan Valin Steel's 2023 Profit Drops 20% | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 20,181 | 29,297 | 35,303 | 32,471 | 35,579 | 35,510 | - | - |
| Enterprise Value (EV) 1 | 20,181 | 29,297 | 41,094 | 32,471 | 35,579 | 35,510 | 35,510 | 35,510 |
| P/E ratio | 4.6 x | 4.67 x | 3.45 x | 5.09 x | 7.01 x | 7.06 x | 5.74 x | 5.59 x |
| Yield | 5.23% | 4.39% | 5.68% | 5.11% | 4.47% | 5.01% | 5.93% | 6.29% |
| Capitalization / Revenue | 0.19 x | 0.25 x | 0.21 x | 0.19 x | 0.22 x | 0.21 x | 0.21 x | 0.2 x |
| EV / Revenue | 0.19 x | 0.25 x | 0.21 x | 0.19 x | 0.22 x | 0.21 x | 0.21 x | 0.2 x |
| EV / EBITDA | 1.78 x | 2.56 x | 2.33 x | - | 3.14 x | 2.94 x | 2.68 x | 2.43 x |
| EV / FCF | 2.77 x | - | 18.1 x | 9.66 x | -38.2 x | 11.1 x | 5.25 x | 4.83 x |
| FCF Yield | 36.1% | - | 5.53% | 10.4% | -2.62% | 9.05% | 19.1% | 20.7% |
| Price to Book | 1.04 x | 0.89 x | 0.78 x | 0.65 x | 0.67 x | 0.63 x | 0.58 x | 0.55 x |
| Nbr of stocks (in thousands) | 4,221,910 | 6,129,077 | 6,908,632 | 6,908,632 | 6,908,632 | 6,908,632 | - | - |
| Reference price 2 | 4.780 | 4.780 | 5.110 | 4.700 | 5.150 | 5.140 | 5.140 | 5.140 |
| Announcement Date | 3/18/20 | 3/30/21 | 4/29/22 | 3/23/23 | 3/29/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 107,116 | 116,276 | 171,176 | 168,099 | 163,897 | 167,527 | 172,720 | 175,146 |
| EBITDA 1 | 11,368 | 11,445 | 15,183 | - | 11,337 | 12,078 | 13,257 | 14,643 |
| EBIT 1 | 7,889 | 8,117 | 11,950 | 8,714 | 7,491 | 7,602 | 8,816 | 9,166 |
| Operating Margin | 7.37% | 6.98% | 6.98% | 5.18% | 4.57% | 4.54% | 5.1% | 5.23% |
| Earnings before Tax (EBT) 1 | 7,780 | 8,032 | 11,944 | 8,673 | 7,487 | 7,592 | 8,804 | 9,160 |
| Net income 1 | 4,391 | 6,395 | 9,680 | 6,379 | 5,079 | 5,036 | 6,194 | 6,367 |
| Net margin | 4.1% | 5.5% | 5.65% | 3.79% | 3.1% | 3.01% | 3.59% | 3.64% |
| EPS 2 | 1.040 | 1.022 | 1.481 | 0.9233 | 0.7351 | 0.7280 | 0.8950 | 0.9200 |
| Free Cash Flow 1 | 7,276 | - | 1,952 | 3,363 | -931.1 | 3,212 | 6,769 | 7,359 |
| FCF margin | 6.79% | - | 1.14% | 2% | -0.57% | 1.92% | 3.92% | 4.2% |
| FCF Conversion (EBITDA) | 64% | - | 12.86% | - | - | 26.59% | 51.06% | 50.26% |
| FCF Conversion (Net income) | 165.68% | - | 20.17% | 52.72% | - | 63.78% | 109.29% | 115.58% |
| Dividend per Share 2 | 0.2500 | 0.2100 | 0.2900 | 0.2400 | 0.2300 | 0.2575 | 0.3050 | 0.3233 |
| Announcement Date | 3/18/20 | 3/30/21 | 4/29/22 | 3/23/23 | 3/29/24 | - | - | - |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt | - | - | 5,790 | - | - | - | - | - |
| Net Cash position | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | 0.3814 x | - | - | - | - | - |
| Free Cash Flow 1 | 7,276 | - | 1,952 | 3,363 | -931 | 3,212 | 6,769 | 7,359 |
| ROE (net income / shareholders' equity) | 20.9% | 21% | 24.6% | 13.4% | 9.87% | 8.97% | 10.1% | 9.81% |
| ROA (Net income/ Total Assets) | 5.29% | 7.37% | 9.81% | 5.64% | 4.02% | 3.88% | 4.83% | 4.76% |
| Assets 1 | 83,029 | 86,832 | 98,653 | 113,125 | 126,411 | 129,789 | 128,167 | 133,906 |
| Book Value Per Share 2 | 4.600 | 5.400 | 6.570 | 7.230 | 7.710 | 8.180 | 8.890 | 9.390 |
| Cash Flow per Share 2 | 1.760 | 1.960 | 0.9400 | 1.370 | 0.7600 | 1.390 | 1.560 | 1.710 |
| Capex 1 | 3,486 | 4,237 | 4,563 | 6,094 | 6,204 | 6,308 | 5,072 | 6,039 |
| Capex / Sales | 3.25% | 3.64% | 2.67% | 3.63% | 3.79% | 3.77% | 2.94% | 3.45% |
| Announcement Date | 3/18/20 | 3/30/21 | 4/29/22 | 3/23/23 | 3/29/24 | - | - | - |
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
B-
Sell
Buy
Mean consensus
BUY
Number of Analysts
6
Last Close Price
5.14
CNY
Average target price
7.09
CNY
Spread / Average Target
+37.94%
EPS Revisions
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -0.19% | 4.92B | |
| -3.02% | 24.29B | |
| +17.20% | 20.89B | |
| -8.33% | 11.58B | |
| +24.39% | 11.07B | |
| +15.95% | 11.38B | |
| +10.96% | 10.19B | |
| -2.21% | 8.15B | |
| +12.78% | 7.88B | |
| +20.20% | 6.7B |
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