Financials Jintai Energy Holdings Limited

Equities

2728

KYG5141G1064

Oil & Gas Refining and Marketing

Market Closed - Hong Kong S.E. 04:08:07 2024-06-03 am EDT 5-day change 1st Jan Change
0.022 HKD 0.00% Intraday chart for Jintai Energy Holdings Limited -4.35% -4.35%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 417.8 553.2 610.3 565.8 467.8 102.5
Enterprise Value (EV) 1 797.8 1,505 955.9 965.4 606.6 258.4
P/E ratio -1.19 x -0.82 x 1.86 x 6.11 x -14.6 x -4.22 x
Yield - - - - - -
Capitalization / Revenue 0.23 x 0.18 x 0.04 x 0.05 x 3.11 x 0.08 x
EV / Revenue 0.43 x 0.5 x 0.07 x 0.09 x 4.04 x 0.2 x
EV / EBITDA -21.7 x -12.4 x -63.6 x 4.24 x 246 x 75.5 x
EV / FCF 1.77 x 7.74 x 22.2 x -34.8 x 1.83 x -0.86 x
FCF Yield 56.6% 12.9% 4.5% -2.87% 54.6% -116%
Price to Book 6.66 x -1.29 x 9.56 x 2.97 x 4.1 x 1.21 x
Nbr of stocks (in thousands) 3,094,517 3,712,517 4,455,021 4,455,021 4,455,021 4,455,021
Reference price 2 0.1350 0.1490 0.1370 0.1270 0.1050 0.0230
Announcement Date 4/29/19 4/27/20 4/27/21 5/27/22 4/28/23 4/25/24
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,849 3,003 14,079 11,011 150.3 1,311
EBITDA 1 -36.7 -121.1 -15.03 227.7 2.464 3.422
EBIT 1 -39.19 -122.3 -17.06 220 1.641 2.915
Operating Margin -2.12% -4.07% -0.12% 2% 1.09% 0.22%
Earnings before Tax (EBT) 1 -372.5 -588 317.6 137 -41.25 2.273
Net income 1 -351.8 -599.2 321.8 94.3 -31.91 -24.26
Net margin -19.03% -19.95% 2.29% 0.86% -21.23% -1.85%
EPS 2 -0.1137 -0.1816 0.0736 0.0208 -0.007199 -0.005444
Free Cash Flow 1 451.9 194.4 43.02 -27.74 331 -298.9
FCF margin 24.44% 6.47% 0.31% -0.25% 220.22% -22.8%
FCF Conversion (EBITDA) - - - - 13,431.79% -
FCF Conversion (Net income) - - 13.37% - - -
Dividend per Share - - - - - -
Announcement Date 4/29/19 4/27/20 4/27/21 5/27/22 4/28/23 4/25/24
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 380 952 346 400 139 156
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) -10.35 x -7.861 x -22.99 x 1.755 x 56.32 x 45.58 x
Free Cash Flow 1 452 194 43 -27.7 331 -299
ROE (net income / shareholders' equity) -150% 329% -170% 67.7% -30.9% 1.12%
ROA (Net income/ Total Assets) -2.23% -6.46% -0.62% 9.98% 0.13% 0.44%
Assets 1 15,757 9,278 -51,720 944.7 -24,122 -5,495
Book Value Per Share 2 0.0200 -0.1200 0.0100 0.0400 0.0300 0.0200
Cash Flow per Share 2 0.0100 0.0900 0.0300 0.0100 0.0100 0.0100
Capex 1 0.57 10.2 2.21 3.56 275 0.28
Capex / Sales 0.03% 0.34% 0.02% 0.03% 183.06% 0.02%
Announcement Date 4/29/19 4/27/20 4/27/21 5/27/22 4/28/23 4/25/24
1HKD in Million2HKD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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