NINGBO OCEAN SHIPPING CO., LTD. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 10.8 CNY | -2.44% |
|
+12.50% | -2.61% |
Valuation
| Fiscal Period: December | 2022 | 2023 |
|---|---|---|
| Capitalization 1 | 17,667 | 14,513 |
| Enterprise Value (EV) 1 | 16,681 | 13,769 |
| P/E ratio | 23.7 x | 28.4 x |
| Yield | 1.14% | 1.05% |
| Capitalization / Revenue | 3.7 x | 3.25 x |
| EV / Revenue | 3.5 x | 3.08 x |
| EV / EBITDA | 16.3 x | 16.3 x |
| EV / FCF | -342,613,939 x | 103,645,111 x |
| FCF Yield | -0% | 0% |
| Price to Book | 3.42 x | 2.67 x |
| Nbr of stocks (in thousands) | 1,308,633 | 1,308,633 |
| Reference price 2 | 13.50 | 11.09 |
| Announcement Date | 3/24/23 | 3/26/24 |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 4,689 | 5,114 | 3,032 | 3,814 | 4,769 | 4,469 |
| EBITDA 1 | 401.4 | 413.6 | 575.4 | 774.5 | 1,020 | 844 |
| EBIT 1 | 242.3 | 256.8 | 420.1 | 633.8 | 819.1 | 604.3 |
| Operating Margin | 5.17% | 5.02% | 13.85% | 16.62% | 17.18% | 13.52% |
| Earnings before Tax (EBT) 1 | 197.3 | 256.2 | 412.8 | 689 | 901.3 | 662.6 |
| Net income 1 | 141.9 | 184.7 | 304 | 520.6 | 669.9 | 504 |
| Net margin | 3.03% | 3.61% | 10.03% | 13.65% | 14.05% | 11.28% |
| EPS | - | - | 0.3378 | 0.4500 | 0.5700 | 0.3900 |
| Free Cash Flow | - | 158.5 | -898.7 | -1,097 | -48.69 | 132.8 |
| FCF margin | - | 3.1% | -29.63% | -28.75% | -1.02% | 2.97% |
| FCF Conversion (EBITDA) | - | 38.32% | - | - | - | 15.74% |
| FCF Conversion (Net income) | - | 85.79% | - | - | - | 26.36% |
| Dividend per Share | - | - | - | - | 0.1540 | 0.1160 |
| Announcement Date | 9/17/21 | 9/17/21 | 9/17/21 | 10/30/22 | 3/24/23 | 3/26/24 |
1CNY in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 284 | 63.2 | - | 404 | - | - |
| Net Cash position 1 | - | - | 265 | - | 985 | 744 |
| Leverage (Debt/EBITDA) | 0.7072 x | 0.1529 x | - | 0.5219 x | - | - |
| Free Cash Flow | - | 158 | -899 | -1,097 | -48.7 | 133 |
| ROE (net income / shareholders' equity) | - | 13.9% | 15.7% | 17.7% | 15.5% | 9.44% |
| ROA (Net income/ Total Assets) | - | 4% | 6.26% | 7.82% | 8.02% | 5.06% |
| Assets 1 | - | 4,615 | 4,854 | 6,655 | 8,353 | 9,967 |
| Book Value Per Share | - | - | 2.690 | 2.930 | 3.940 | 4.150 |
| Cash Flow per Share | - | - | 0.7500 | 0.5300 | 1.190 | 1.080 |
| Capex 1 | 5.69 | 65 | 939 | 1,164 | 728 | 879 |
| Capex / Sales | 0.12% | 1.27% | 30.97% | 30.52% | 15.28% | 19.66% |
| Announcement Date | 9/17/21 | 9/17/21 | 9/17/21 | 10/30/22 | 3/24/23 | 3/26/24 |
1CNY in Million
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| -2.61% | 2B | |
| +23.70% | 31.28B | |
| +60.00% | 29.77B | |
| -6.63% | 25.64B | |
| +10.07% | 13.99B | |
| +12.40% | 11.84B | |
| +27.34% | 11.73B | |
| +67.18% | 10.64B | |
| +13.68% | 10.07B | |
| -8.02% | 9.09B |
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- Financials Ningbo Ocean Shipping Co., Ltd.
