YONGXING SPECIAL MATERIALS TECHNOLOGY CO.,LTD Financials Yongxing Special Materials Technology Co.,Ltd
Equities
002756
CNE100001XB3
Commodity Chemicals
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 45.81 CNY | +1.26% |
|
+0.37% | -12.26% |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 6,462 | 20,844 | 60,089 | 38,222 | 28,146 | 24,363 | - | - |
| Enterprise Value (EV) 1 | 6,462 | 20,844 | 58,261 | 29,195 | 18,709 | 16,208 | 13,951 | 15,220 |
| P/E ratio | 18.9 x | 76.4 x | 67.6 x | 5.94 x | 8.25 x | 14.8 x | 11.1 x | 10.2 x |
| Yield | 2.54% | 0.57% | 0.34% | 5.42% | 3.83% | 2.29% | 2.53% | 3.04% |
| Capitalization / Revenue | 1.32 x | 4.19 x | 8.35 x | 2.45 x | 2.31 x | 2.56 x | 2.2 x | 2.08 x |
| EV / Revenue | 1.32 x | 4.19 x | 8.09 x | 1.87 x | 1.53 x | 1.7 x | 1.26 x | 1.3 x |
| EV / EBITDA | 12.4 x | 45.2 x | 49.5 x | 3.71 x | 4.11 x | 7.58 x | 5.32 x | 4.91 x |
| EV / FCF | - | - | 117 x | 4.72 x | 5.21 x | 15.4 x | 13.9 x | 10.6 x |
| FCF Yield | - | - | 0.86% | 21.2% | 19.2% | 6.49% | 7.2% | 9.4% |
| Price to Book | 1.9 x | 5.35 x | 11.9 x | 3.11 x | 2.17 x | 1.77 x | 1.51 x | 1.45 x |
| Nbr of stocks (in thousands) | 468,000 | 499,759 | 527,735 | 539,102 | 539,102 | 531,824 | - | - |
| Reference price 2 | 13.81 | 41.71 | 113.9 | 70.90 | 52.21 | 45.81 | 45.81 | 45.81 |
| Announcement Date | 2/28/20 | 4/13/21 | 4/25/22 | 3/12/23 | 4/29/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 4,909 | 4,973 | 7,199 | 15,579 | 12,189 | 9,527 | 11,069 | 11,697 |
| EBITDA 1 | 520.4 | 461.3 | 1,177 | 7,879 | 4,555 | 2,138 | 2,622 | 3,098 |
| EBIT 1 | 414.7 | 325.6 | 1,012 | 7,671 | 4,277 | 2,033 | 2,712 | 2,946 |
| Operating Margin | 8.45% | 6.55% | 14.06% | 49.24% | 35.09% | 21.34% | 24.5% | 25.19% |
| Earnings before Tax (EBT) 1 | 412.9 | 321.1 | 1,010 | 7,664 | 4,207 | 2,020 | 2,697 | 2,930 |
| Net income 1 | 343.6 | 258 | 887.1 | 6,320 | 3,407 | 1,671 | 1,897 | 2,171 |
| Net margin | 7% | 5.19% | 12.32% | 40.57% | 27.95% | 17.54% | 17.14% | 18.56% |
| EPS 2 | 0.7308 | 0.5462 | 1.685 | 11.93 | 6.330 | 3.098 | 4.142 | 4.488 |
| Free Cash Flow 1 | - | - | 498.3 | 6,185 | 3,589 | 1,052 | 1,004 | 1,431 |
| FCF margin | - | - | 6.92% | 39.7% | 29.45% | 11.04% | 9.08% | 12.23% |
| FCF Conversion (EBITDA) | - | - | 42.33% | 78.5% | 78.8% | 49.22% | 38.31% | 46.18% |
| FCF Conversion (Net income) | - | - | 56.18% | 97.87% | 105.36% | 62.96% | 52.96% | 65.91% |
| Dividend per Share 2 | 0.3508 | 0.2385 | 0.3846 | 3.846 | 2.000 | 1.050 | 1.160 | 1.393 |
| Announcement Date | 2/28/20 | 4/13/21 | 4/25/22 | 3/12/23 | 4/29/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2022 S1 | 2022 Q3 | 2022 S2 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2023 S2 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | - | - | 9,164 | 3,319 | 3,048 | 2,485 | 5,533 | 2,300 | 3,171 | 2,913 | 3,425 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - |
| EBIT | - | - | 4,982 | - | - | - | 1,911 | - | - | - | - |
| Operating Margin | - | - | 54.36% | - | - | - | 34.54% | - | - | - | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - | - |
| Net income | 2,263 | 2,007 | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - | - |
| EPS | - | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 8/8/22 | 10/27/22 | 3/12/23 | 8/28/23 | 10/30/23 | 4/29/24 | 4/29/24 | 4/29/24 | - | - | - |
1CNY in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | - | - | 1,828 | 9,027 | 9,438 | 8,155 | 10,412 | 9,143 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | - | - | 498 | 6,185 | 3,589 | 1,052 | 1,005 | 1,431 |
| ROE (net income / shareholders' equity) | 10.4% | 7.42% | 19.3% | 74.7% | 27.3% | 12.2% | 14.2% | 14.2% |
| ROA (Net income/ Total Assets) | 7.73% | 5.21% | 15.1% | - | - | 10.8% | 10.8% | 12.5% |
| Assets 1 | 4,443 | 4,952 | 5,865 | - | - | 15,501 | 17,524 | 17,313 |
| Book Value Per Share 2 | 7.270 | 7.790 | 9.540 | 22.80 | 24.10 | 25.90 | 30.20 | 31.50 |
| Cash Flow per Share 2 | 0.7400 | 1.070 | - | 12.30 | 7.320 | 3.620 | 4.420 | 5.140 |
| Capex 1 | 210 | 120 | 287 | 464 | 355 | 562 | 604 | 503 |
| Capex / Sales | 4.27% | 2.41% | 3.99% | 2.98% | 2.91% | 5.9% | 5.46% | 4.3% |
| Announcement Date | 2/28/20 | 4/13/21 | 4/25/22 | 3/12/23 | 4/29/24 | - | - | - |
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-
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
10
Last Close Price
45.81
CNY
Average target price
50.17
CNY
Spread / Average Target
+9.53%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -12.26% | 3.33B | |
| +3.79% | 105B | |
| -6.59% | 62.84B | |
| +72.86% | 49.15B | |
| +18.82% | 38.45B | |
| +3.62% | 32.61B | |
| +12.35% | 20.65B | |
| +13.00% | 16.81B | |
| +16.25% | 15.14B | |
| +2.22% | 14.14B |
- Stock Market
- Equities
- 002756 Stock
- Financials Yongxing Special Materials Technology Co.,Ltd
