Financials China Southern Power Grid Energy Efficiency & Clean Energy Co., Ltd.

Equities

003035

CNE100004CH8

Construction & Engineering

End-of-day quote Shenzhen S.E. 06:00:00 2024-07-14 pm EDT 5-day change 1st Jan Change
4.22 CNY -1.63% Intraday chart for China Southern Power Grid Energy Efficiency & Clean Energy Co., Ltd. -0.94% -19.77%

Valuation

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Capitalization 1 31,402 21,477 19,924 15,985 - -
Enterprise Value (EV) 1 31,402 21,477 19,924 15,985 15,985 15,985
P/E ratio 63.8 x 37.8 x 65.8 x 31.3 x 22.8 x 19.5 x
Yield - - 0.17% 0.4% 0.55% 0.71%
Capitalization / Revenue - 7.44 x 6.67 x 4.43 x 3.65 x 3.07 x
EV / Revenue - 7.44 x 6.67 x 4.43 x 3.65 x 3.07 x
EV / EBITDA - 14.2 x 14.5 x 9.54 x 7.34 x 6.52 x
EV / FCF - - -12.1 x -10.1 x -11.4 x -22.5 x
FCF Yield - - -8.29% -9.91% -8.8% -4.45%
Price to Book - 3.32 x 2.96 x 2.22 x 2.04 x 1.88 x
Nbr of stocks (in thousands) 3,787,879 3,787,879 3,787,879 3,787,879 - -
Reference price 2 8.290 5.670 5.260 4.220 4.220 4.220
Announcement Date 2/25/22 2/27/23 3/29/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Net sales 1 - 2,888 2,988 3,606 4,382 5,204
EBITDA 1 - 1,515 1,377 1,675 2,176 2,453
EBIT 1 - 678.8 446 730.8 993.3 1,173
Operating Margin - 23.5% 14.93% 20.27% 22.67% 22.54%
Earnings before Tax (EBT) 1 - 680.4 452.8 732.4 995.1 1,175
Net income 1 474.8 553.5 310.7 515.8 708.2 823.7
Net margin - 19.16% 10.4% 14.3% 16.16% 15.83%
EPS 2 0.1300 0.1500 0.0800 0.1350 0.1850 0.2167
Free Cash Flow 1 - - -1,653 -1,584 -1,406 -712
FCF margin - - -55.3% -43.92% -32.09% -13.68%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 - - 0.009100 0.0167 0.0233 0.0300
Announcement Date 2/25/22 2/27/23 3/29/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2023 Q2
Net sales 1 755.4
EBITDA -
EBIT -
Operating Margin -
Earnings before Tax (EBT) -
Net income -
Net margin -
EPS 2 0.0300
Dividend per Share -
Announcement Date 8/25/23
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Net Debt - - - - - -
Net Cash position - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 - - -1,653 -1,584 -1,406 -712
ROE (net income / shareholders' equity) - 8.91% 4.72% 7.27% 9.2% 9.77%
ROA (Net income/ Total Assets) - - 1.84% 2.45% 2.9% 2.7%
Assets 1 - - 16,875 21,052 24,422 30,509
Book Value Per Share 2 - 1.710 1.780 1.900 2.070 2.250
Cash Flow per Share 2 - 0.3200 0.2700 0.3200 0.5600 0.6200
Capex 1 - 2,381 2,683 4,612 4,177 3,517
Capex / Sales - 82.44% 89.78% 127.9% 95.31% 67.58%
Announcement Date 2/25/22 2/27/23 3/29/24 - - -
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

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
4.22 CNY
Average target price
5.55 CNY
Spread / Average Target
+31.52%
Consensus

Annual profits - Rate of surprise

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