Financials Pingdingshan Tianan Coal. Mining Co., Ltd.

Equities

601666

CNE000001PH7

Coal

End-of-day quote Shanghai S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
12.89 CNY -2.35% Intraday chart for Pingdingshan Tianan Coal. Mining Co., Ltd. -9.99% +11.51%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 9,341 13,605 19,378 25,027 26,748 31,920 - -
Enterprise Value (EV) 1 9,341 13,605 19,378 25,027 26,748 31,920 31,920 31,920
P/E ratio 8.12 x 9.81 x 6.63 x 4.37 x 6.73 x 7.4 x 7.02 x 6.94 x
Yield 7.51% 6.07% 9.08% - 8.56% 6.32% 6.75% 7.25%
Capitalization / Revenue 0.4 x 0.61 x 0.65 x 0.69 x 0.85 x 0.98 x 0.98 x 0.94 x
EV / Revenue 0.4 x 0.61 x 0.65 x 0.69 x 0.85 x 0.98 x 0.98 x 0.94 x
EV / EBITDA 2.32 x 2.87 x - - 2.86 x 2.95 x 2.83 x 2.83 x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 0.66 x 0.94 x 1.17 x 1.19 x 1.02 x 1.11 x 1.02 x 0.95 x
Nbr of stocks (in thousands) 2,323,524 2,294,244 2,315,216 2,315,216 2,313,876 2,476,312 - -
Reference price 2 4.020 5.930 8.370 10.81 11.56 12.89 12.89 12.89
Announcement Date 4/28/20 3/30/21 2/28/22 3/12/23 3/18/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 23,635 22,397 29,699 36,044 31,561 32,497 32,700 33,788
EBITDA 1 4,029 4,743 - - 9,347 10,813 11,267 11,265
EBIT 1 1,671 2,445 4,324 8,393 5,715 5,965 6,269 6,336
Operating Margin 7.07% 10.92% 14.56% 23.28% 18.11% 18.35% 19.17% 18.75%
Earnings before Tax (EBT) 1 1,714 2,212 4,282 8,302 5,673 5,909 6,213 6,292
Net income 1 1,155 1,388 2,922 5,725 4,003 4,113 4,336 4,404
Net margin 4.89% 6.2% 9.84% 15.88% 12.68% 12.66% 13.26% 13.03%
EPS 2 0.4950 0.6046 1.263 2.473 1.718 1.742 1.837 1.858
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 0.3020 0.3600 0.7600 - 0.9900 0.8150 0.8700 0.9350
Announcement Date 4/28/20 3/30/21 2/28/22 3/12/23 3/18/24 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 8.53% 9.17% 17.1% 29.2% 14.2% 15% 14.4% 13.8%
ROA (Net income/ Total Assets) 2.22% 2.57% 4.98% - - 5.02% 5.18% 5.17%
Assets 1 52,028 53,989 58,721 - - 81,881 83,760 85,239
Book Value Per Share 2 6.070 6.280 7.150 9.050 11.40 11.60 12.60 13.50
Cash Flow per Share 2 0.7500 1.120 3.650 4.720 2.600 3.960 3.710 4.190
Capex 1 2,326 3,834 3,552 8,504 6,807 3,934 3,432 2,896
Capex / Sales 9.84% 17.12% 11.96% 23.59% 21.57% 12.1% 10.5% 8.57%
Announcement Date 4/28/20 3/30/21 2/28/22 3/12/23 3/18/24 - - -
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
C-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
6
Last Close Price
12.89 CNY
Average target price
14.15 CNY
Spread / Average Target
+9.78%
Consensus

Annual profits - Rate of surprise

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