TONGYI CARBON NEUTRAL TECHNOLOGY (XINJIANG) CO., LTD Financials Tongyi Carbon Neutral Technology (Xinjiang) Co., Ltd
Equities
600506
CNE0000019L9
Oil & Gas Refining and Marketing
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 11.4 CNY | +2.15% |
|
+2.06% | -37.33% |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 1,471 | 1,507 | 1,492 | 1,654 | 2,339 | 3,493 |
| Enterprise Value (EV) 1 | 1,380 | 1,419 | 1,403 | 1,103 | 3,324 | 4,395 |
| P/E ratio | 321 x | -196 x | 337 x | -46 x | -21.7 x | -71.3 x |
| Yield | - | - | - | - | - | - |
| Capitalization / Revenue | 34.6 x | 68.4 x | 12.6 x | 4.73 x | 1.16 x | 1.56 x |
| EV / Revenue | 32.4 x | 64.4 x | 11.8 x | 3.16 x | 1.65 x | 1.96 x |
| EV / EBITDA | -170 x | -390 x | 1,876 x | -98.2 x | -66.4 x | 79.8 x |
| EV / FCF | 210 x | -423 x | -65.5 x | 0.94 x | -2.62 x | 45.5 x |
| FCF Yield | 0.48% | -0.24% | -1.53% | 106% | -38.1% | 2.2% |
| Price to Book | 5.22 x | 5.5 x | 5.36 x | 6.82 x | 5.19 x | 8.7 x |
| Nbr of stocks (in thousands) | 147,707 | 147,707 | 147,707 | 147,707 | 192,019 | 192,019 |
| Reference price 2 | 9.960 | 10.20 | 10.10 | 11.20 | 12.18 | 18.19 |
| Announcement Date | 4/19/19 | 4/17/20 | 4/26/21 | 4/19/22 | 4/3/23 | 4/15/24 |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 42.56 | 22.03 | 118.6 | 349.5 | 2,011 | 2,239 |
| EBITDA 1 | -8.132 | -3.644 | 0.7477 | -11.24 | -50.04 | 55.05 |
| EBIT 1 | -15.18 | -10.85 | -6.55 | -23.59 | -95.3 | 17.05 |
| Operating Margin | -35.67% | -49.25% | -5.52% | -6.75% | -4.74% | 0.76% |
| Earnings before Tax (EBT) 1 | 4.837 | -9.364 | 11.19 | -36.12 | -118.5 | -63.4 |
| Net income 1 | 4.528 | -7.724 | 4.455 | -35.93 | -84.22 | -48.98 |
| Net margin | 10.64% | -35.06% | 3.76% | -10.28% | -4.19% | -2.19% |
| EPS 2 | 0.0310 | -0.0520 | 0.0300 | -0.2433 | -0.5623 | -0.2551 |
| Free Cash Flow 1 | 6.576 | -3.354 | -21.42 | 1,167 | -1,268 | 96.49 |
| FCF margin | 15.45% | -15.22% | -18.06% | 333.98% | -63.05% | 4.31% |
| FCF Conversion (EBITDA) | - | - | - | - | - | 175.27% |
| FCF Conversion (Net income) | 145.23% | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - |
| Announcement Date | 4/19/19 | 4/17/20 | 4/26/21 | 4/19/22 | 4/3/23 | 4/15/24 |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | 985 | 902 |
| Net Cash position 1 | 91.4 | 87.3 | 88.8 | 551 | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | -19.69 x | 16.38 x |
| Free Cash Flow 1 | 6.58 | -3.35 | -21.4 | 1,167 | -1,268 | 96.5 |
| ROE (net income / shareholders' equity) | 1.62% | -2.78% | 1.61% | -13.8% | -24.3% | -11.5% |
| ROA (Net income/ Total Assets) | -3.19% | -2.29% | -1.38% | -0.75% | -1.93% | 0.46% |
| Assets 1 | -141.9 | 337.5 | -322.9 | 4,771 | 4,353 | -10,656 |
| Book Value Per Share 2 | 1.910 | 1.860 | 1.890 | 1.640 | 2.350 | 2.090 |
| Cash Flow per Share 2 | 0.6200 | 0.5900 | 0.6000 | 9.680 | 2.780 | 1.510 |
| Capex 1 | 0.86 | 1.81 | 33.6 | 4.64 | 8.3 | 15.1 |
| Capex / Sales | 2.01% | 8.21% | 28.31% | 1.33% | 0.41% | 0.67% |
| Announcement Date | 4/19/19 | 4/17/20 | 4/26/21 | 4/19/22 | 4/3/23 | 4/15/24 |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| -37.33% | 302M | |
| +12.39% | 221B | |
| +12.58% | 107B | |
| +17.36% | 103B | |
| +33.72% | 71.49B | |
| +13.72% | 64.2B | |
| +27.54% | 54.22B | |
| +27.93% | 37.79B | |
| +32.11% | 28.33B | |
| -11.77% | 20.79B |
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- Financials Tongyi Carbon Neutral Technology (Xinjiang) Co., Ltd
