Financials Sichuan Shengda Forestry Industry Co., Ltd

Equities

002259

CNE100000CC7

Natural Gas Utilities

End-of-day quote Shenzhen S.E. 06:00:00 2024-05-27 pm EDT 5-day change 1st Jan Change
2.67 CNY -1.11% Intraday chart for Sichuan Shengda Forestry Industry Co., Ltd -7.93% -22.16%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,723 1,685 2,438 2,761 2,468 2,580
Enterprise Value (EV) 1 2,218 2,259 2,879 3,114 2,620 2,627
P/E ratio -9.66 x -1.35 x 23.2 x 55 x -39.1 x -2,287 x
Yield - - - - - -
Capitalization / Revenue 1.79 x 1.52 x 2.54 x 1.83 x 1.34 x 3.31 x
EV / Revenue 2.31 x 2.04 x 3 x 2.06 x 1.42 x 3.37 x
EV / EBITDA 38.8 x -2.06 x 18.5 x 17.5 x 18.4 x 21.5 x
EV / FCF -1.88 x 4.58 x 5.26 x 44.4 x -34.3 x 30.5 x
FCF Yield -53.2% 21.8% 19% 2.25% -2.91% 3.28%
Price to Book 1.15 x 6.89 x 41.8 x 24.1 x 10.2 x 10.5 x
Nbr of stocks (in thousands) 752,328 752,328 752,328 752,328 752,328 752,328
Reference price 2 2.290 2.240 3.240 3.670 3.280 3.430
Announcement Date 4/30/19 4/29/20 3/30/21 4/28/22 4/27/23 4/8/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 960.2 1,106 958.5 1,512 1,848 778.4
EBITDA 1 57.18 -1,096 155.7 177.4 142.1 122.1
EBIT 1 5.069 -1,150 98.11 124.4 88.69 66.89
Operating Margin 0.53% -103.96% 10.24% 8.23% 4.8% 8.59%
Earnings before Tax (EBT) 1 -191.1 -1,263 208.2 65.57 -45.9 14.09
Net income 1 -178.1 -1,247 105.2 50.2 -63.11 -1.1
Net margin -18.55% -112.73% 10.98% 3.32% -3.41% -0.14%
EPS 2 -0.2370 -1.658 0.1399 0.0667 -0.0839 -0.001500
Free Cash Flow 1 -1,180 493.3 546.8 70.11 -76.33 86.25
FCF margin -122.84% 44.59% 57.05% 4.64% -4.13% 11.08%
FCF Conversion (EBITDA) - - 351.19% 39.52% - 70.64%
FCF Conversion (Net income) - - 519.59% 139.66% - -
Dividend per Share - - - - - -
Announcement Date 4/30/19 4/29/20 3/30/21 4/28/22 4/27/23 4/8/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q1
Net sales -
EBITDA -
EBIT -
Operating Margin -
Earnings before Tax (EBT) -
Net income 1 -3.738
Net margin -
EPS 2 -0.005000
Dividend per Share -
Announcement Date 4/28/22
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 495 574 441 353 152 46
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 8.655 x -0.5234 x 2.834 x 1.987 x 1.068 x 0.3771 x
Free Cash Flow 1 -1,180 493 547 70.1 -76.3 86.2
ROE (net income / shareholders' equity) -10.3% -111% 53.7% 51.9% -35.1% -1%
ROA (Net income/ Total Assets) 0.11% -31.2% 4.72% 7.68% 5.72% 4.49%
Assets 1 -169,000 4,000 2,229 653.3 -1,103 -24.51
Book Value Per Share 2 1.990 0.3300 0.0800 0.1500 0.3200 0.3300
Cash Flow per Share 2 0.2300 0.1500 0.2600 0.2200 0.2900 0.2900
Capex 1 4.71 1.82 5.76 11.6 7.84 13.6
Capex / Sales 0.49% 0.16% 0.6% 0.77% 0.42% 1.74%
Announcement Date 4/30/19 4/29/20 3/30/21 4/28/22 4/27/23 4/8/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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