Financials Anhui Huilong Agricultural Means of Production Co.,Ltd.

Equities

002556

CNE1000010P7

Agricultural Chemicals

End-of-day quote Shenzhen S.E. 06:00:00 2024-06-27 pm EDT 5-day change 1st Jan Change
4.17 CNY +1.21% Intraday chart for Anhui Huilong Agricultural Means of Production Co.,Ltd. -2.34% -29.08%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 3,667 3,964 6,723 12,278 8,282 5,475
Enterprise Value (EV) 1 5,016 4,751 7,243 13,239 8,765 6,834
P/E ratio 26.9 x 24.7 x 33.4 x 24.8 x 16.5 x 73.5 x
Yield 1.37% 1.76% 1.25% 3.11% 3.43% 3.4%
Capitalization / Revenue 0.22 x 0.21 x 0.42 x 0.64 x 0.45 x 0.31 x
EV / Revenue 0.3 x 0.26 x 0.45 x 0.69 x 0.48 x 0.38 x
EV / EBITDA 20.4 x 12.5 x 17.7 x 17.2 x 11.2 x 19.9 x
EV / FCF -4.59 x 4.23 x 26.4 x -37.7 x 6.65 x -6.02 x
FCF Yield -21.8% 23.6% 3.79% -2.65% 15% -16.6%
Price to Book 1.52 x 1.8 x 2.23 x 3.19 x 2.02 x 1.46 x
Nbr of stocks (in thousands) 717,600 697,906 839,348 953,993 946,518 931,158
Reference price 2 5.110 5.680 8.010 12.87 8.750 5.880
Announcement Date 4/9/19 4/28/20 4/20/21 4/21/22 4/26/23 4/18/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 16,827 18,626 16,102 19,081 18,249 17,833
EBITDA 1 246.1 379.2 408.8 769 779.7 343.6
EBIT 1 195.5 272.2 263.8 588.3 549.8 77.24
Operating Margin 1.16% 1.46% 1.64% 3.08% 3.01% 0.43%
Earnings before Tax (EBT) 1 189.6 247.2 262.8 608.3 617.8 119.9
Net income 1 138.5 193.5 224.7 506 510.5 76.54
Net margin 0.82% 1.04% 1.4% 2.65% 2.8% 0.43%
EPS 2 0.1900 0.2300 0.2400 0.5200 0.5300 0.0800
Free Cash Flow 1 -1,093 1,123 274.4 -351.2 1,318 -1,134
FCF margin -6.49% 6.03% 1.7% -1.84% 7.22% -6.36%
FCF Conversion (EBITDA) - 296.22% 67.12% - 169.01% -
FCF Conversion (Net income) - 580.64% 122.13% - 258.13% -
Dividend per Share 2 0.0700 0.1000 0.1000 0.4000 0.3000 0.2000
Announcement Date 4/9/19 4/28/20 4/20/21 4/21/22 4/26/23 4/18/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 1,349 787 520 961 483 1,359
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 5.481 x 2.075 x 1.272 x 1.25 x 0.6195 x 3.955 x
Free Cash Flow 1 -1,093 1,123 274 -351 1,318 -1,134
ROE (net income / shareholders' equity) 6.35% 7.56% 6% 14.7% 11.9% 1.98%
ROA (Net income/ Total Assets) 1.54% 1.98% 1.91% 3.65% 3.04% 0.42%
Assets 1 9,020 9,747 11,782 13,851 16,797 18,434
Book Value Per Share 2 3.360 3.160 3.590 4.030 4.330 4.030
Cash Flow per Share 2 1.660 1.940 2.280 1.710 1.550 1.210
Capex 1 86.6 120 373 746 275 557
Capex / Sales 0.51% 0.64% 2.32% 3.91% 1.5% 3.12%
Announcement Date 4/9/19 4/28/20 4/20/21 4/21/22 4/26/23 4/18/24
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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