Financials Jinsanjiang (Zhaoqing) Silicon Material Company Limited

Equities

301059

CNE100004RF0

Commodity Chemicals

End-of-day quote Shenzhen S.E. 06:00:00 2024-05-30 pm EDT 5-day change 1st Jan Change
9.74 CNY -.--% Intraday chart for Jinsanjiang (Zhaoqing) Silicon Material Company Limited +0.83% -19.64%

Valuation

Fiscal Period: December 2021 2022 2023
Capitalization 1 2,505 2,251 2,802
Enterprise Value (EV) 1 2,311 2,183 2,737
P/E ratio 40.4 x 34.3 x 80.8 x
Yield 1.21% 1.62% 0.83%
Capitalization / Revenue 12.3 x 8.05 x 9.52 x
EV / Revenue 11.4 x 7.81 x 9.3 x
EV / EBITDA 37.3 x 29.4 x 37.9 x
EV / FCF -18 x -16.2 x -310 x
FCF Yield -5.56% -6.15% -0.32%
Price to Book 4.68 x 3.94 x 4.91 x
Nbr of stocks (in thousands) 231,154 231,154 231,154
Reference price 2 10.84 9.737 12.12
Announcement Date 3/30/22 2/8/23 4/22/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 164.5 198.5 195.8 203 279.5 294.4
EBITDA 1 57.5 66.76 75.86 61.97 74.28 72.27
EBIT 1 50.57 58.31 66.75 52.83 64.6 37.95
Operating Margin 30.74% 29.38% 34.09% 26.03% 23.11% 12.89%
Earnings before Tax (EBT) 1 55.72 64.99 72.46 58.18 75.82 39.42
Net income 1 47.67 57.6 62.11 50.59 66.03 34.99
Net margin 28.98% 29.02% 31.72% 24.93% 23.62% 11.89%
EPS - 0.3316 0.3579 0.2684 0.2842 0.1500
Free Cash Flow 1 5.002 -15.48 37.58 -128.6 -134.4 -8.829
FCF margin 3.04% -7.8% 19.2% -63.34% -48.08% -3%
FCF Conversion (EBITDA) 8.7% - 49.54% - - -
FCF Conversion (Net income) 10.49% - 60.51% - - -
Dividend per Share - - - 0.1316 0.1579 0.1000
Announcement Date 2/9/21 2/9/21 8/23/21 3/30/22 2/8/23 4/22/24
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 9.34 - - - - -
Net Cash position 1 - 84.8 122 194 67.3 65.1
Leverage (Debt/EBITDA) 0.1625 x - - - - -
Free Cash Flow 1 5 -15.5 37.6 -129 -134 -8.83
ROE (net income / shareholders' equity) 51.3% 34.6% 24.6% 12.4% 11.9% 6.13%
ROA (Net income/ Total Assets) 20.9% 17.1% 14% 6.73% 6.04% 3.41%
Assets 1 227.7 336.9 444.9 752.3 1,094 1,025
Book Value Per Share - 1.300 1.610 2.320 2.470 2.470
Cash Flow per Share - 0.5000 0.7000 0.8500 0.3700 0.4300
Capex 1 11.3 41.9 43.7 200 163 44.3
Capex / Sales 6.89% 21.09% 22.33% 98.43% 58.47% 15.06%
Announcement Date 2/9/21 2/9/21 8/23/21 3/30/22 2/8/23 4/22/24
1CNY in Million
Estimates
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