Financials Zhejiang JIULI Hi-tech Metals Co.,Ltd

Equities

002318

CNE100000HX2

Iron & Steel

End-of-day quote Shenzhen S.E. 06:00:00 2024-06-05 pm EDT 5-day change 1st Jan Change
24.25 CNY -0.66% Intraday chart for Zhejiang JIULI Hi-tech Metals Co.,Ltd -2.38% +21.98%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 7,894 10,146 17,171 15,981 19,092 23,496 - -
Enterprise Value (EV) 1 7,894 10,146 17,171 15,981 19,092 23,496 23,496 23,496
P/E ratio 15.9 x 13.5 x 21.5 x 12.4 x 13 x 16.3 x 14.1 x 12.6 x
Yield 3.2% 3.49% - 2.58% 2.41% 1.88% 2.17% 2.62%
Capitalization / Revenue 1.76 x 2.05 x - 2.44 x 2.23 x 2.13 x 2.08 x 1.73 x
EV / Revenue 1.76 x 2.05 x - 2.44 x 2.23 x 2.13 x 2.08 x 1.73 x
EV / EBITDA - 9.06 x - 9.57 x 9.22 x 12.9 x 10.8 x 9.76 x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 2.31 x 2.2 x - 2.61 x 2.68 x 2.88 x 2.51 x 2.19 x
Nbr of stocks (in thousands) 841,533 930,809 960,371 960,371 960,371 962,575 - -
Reference price 2 9.380 10.90 17.88 16.64 19.88 24.41 24.41 24.41
Announcement Date 2/27/20 2/25/21 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 4,493 4,955 - 6,537 8,568 11,019 11,303 13,576
EBITDA 1 - 1,119 - 1,670 2,070 1,820 2,182 2,408
EBIT 1 585.5 903.6 - 1,390 1,734 1,667 1,913 2,213
Operating Margin 13.03% 18.23% - 21.26% 20.24% 15.13% 16.92% 16.3%
Earnings before Tax (EBT) 1 582.9 903.1 - 1,385 1,743 1,668 1,913 2,215
Net income 1 497.3 771.5 794.1 1,288 1,489 1,467 1,687 1,887
Net margin 11.07% 15.57% - 19.7% 17.37% 13.31% 14.92% 13.9%
EPS 2 0.5900 0.8100 0.8300 1.340 1.530 1.502 1.727 1.930
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 0.3000 0.3800 - 0.4300 0.4800 0.4600 0.5300 0.6400
Announcement Date 2/27/20 2/25/21 4/25/22 3/12/23 4/29/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 - 2,390 2,414 2,389 2,656 3,044 3,075 2,485 3,088
EBITDA - - - - - - - - -
EBIT - - - - - - - - -
Operating Margin - - - - - - - - -
Earnings before Tax (EBT) - - - - - - - - -
Net income 479.4 - - - - - - - -
Net margin - - - - - - - - -
EPS 0.4918 - - - - - - - -
Dividend per Share - - - - - - - - -
Announcement Date 8/28/23 10/30/23 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 - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 15.3% 21% - 23% 22.3% 18.6% 18.2% 17.7%
ROA (Net income/ Total Assets) 8.96% 11.7% - - - 10.8% 12.3% 11.3%
Assets 1 5,550 6,604 - - - 13,547 13,759 16,740
Book Value Per Share 2 4.060 4.960 - 6.360 7.410 8.480 9.710 11.10
Cash Flow per Share 2 0.7200 1.380 - 1.020 1.800 0.8000 2.090 1.470
Capex 1 365 430 - 414 442 527 413 389
Capex / Sales 8.12% 8.68% - 6.34% 5.15% 4.78% 3.65% 2.87%
Announcement Date 2/27/20 2/25/21 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
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
7
Last Close Price
24.41 CNY
Average target price
27.92 CNY
Spread / Average Target
+14.38%
Consensus

Quarterly revenue - Rate of surprise

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