End-of-day quote
Shanghai S.E.
06:00:00 2024-07-09 pm EDT
|
5-day change
|
1st Jan Change
|
30.1
CNY
|
-0.69%
|
|
+2.73%
|
+28.96%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
404,360
|
435,734
|
516,240
|
477,579
|
571,088
|
736,493
|
-
|
-
|
Enterprise Value (EV)
1 |
489,239
|
526,459
|
606,484
|
579,463
|
877,870
|
1,011,366
|
974,052
|
964,761
|
P/E ratio
|
18.8
x
|
16.2
x
|
19.6
x
|
22.4
x
|
20.9
x
|
21.5
x
|
20.4
x
|
19.5
x
|
Yield
|
3.7%
|
3.65%
|
3.59%
|
4.06%
|
3.51%
|
3.26%
|
3.47%
|
3.52%
|
Capitalization / Revenue
|
8.11
x
|
7.54
x
|
9.28
x
|
9.17
x
|
7.32
x
|
8.47
x
|
8.28
x
|
8.15
x
|
EV / Revenue
|
9.81
x
|
9.11
x
|
10.9
x
|
11.1
x
|
11.2
x
|
11.6
x
|
11
x
|
10.7
x
|
EV / EBITDA
|
12.5
x
|
11.8
x
|
13.7
x
|
15.3
x
|
16.8
x
|
14.6
x
|
14
x
|
13.5
x
|
EV / FCF
|
14.5
x
|
14.1
x
|
18.8
x
|
22.2
x
|
16.7
x
|
20.5
x
|
19.4
x
|
17
x
|
FCF Yield
|
6.9%
|
7.11%
|
5.32%
|
4.5%
|
5.98%
|
4.88%
|
5.14%
|
5.88%
|
Price to Book
|
2.7
x
|
2.53
x
|
2.85
x
|
2.57
x
|
2.82
x
|
3.4
x
|
3.12
x
|
3.02
x
|
Nbr of stocks (in thousands)
|
22,000,000
|
22,741,859
|
22,741,859
|
22,741,859
|
24,468,218
|
24,468,218
|
-
|
-
|
Reference price
2 |
18.38
|
19.16
|
22.70
|
21.00
|
23.34
|
30.10
|
30.10
|
30.10
|
Announcement Date
|
1/16/20
|
1/27/21
|
1/26/22
|
1/30/23
|
1/19/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
49,874
|
57,783
|
55,646
|
52,060
|
78,062
|
87,001
|
88,928
|
90,345
|
EBITDA
1 |
38,992
|
44,534
|
44,296
|
37,975
|
52,341
|
69,421
|
69,496
|
71,290
|
EBIT
1 |
26,933
|
32,896
|
32,876
|
26,936
|
33,192
|
43,323
|
45,389
|
46,807
|
Operating Margin
|
54%
|
56.93%
|
59.08%
|
51.74%
|
42.52%
|
49.8%
|
51.04%
|
51.81%
|
Earnings before Tax (EBT)
1 |
26,627
|
32,456
|
32,409
|
26,313
|
32,369
|
41,521
|
43,877
|
45,831
|
Net income
1 |
21,543
|
26,298
|
26,273
|
21,309
|
27,389
|
34,158
|
36,069
|
37,873
|
Net margin
|
43.2%
|
45.51%
|
47.21%
|
40.93%
|
35.09%
|
39.26%
|
40.56%
|
41.92%
|
EPS
2 |
0.9792
|
1.185
|
1.155
|
0.9370
|
1.119
|
1.402
|
1.478
|
1.547
|
Free Cash Flow
1 |
33,760
|
37,409
|
32,281
|
26,079
|
52,486
|
49,401
|
50,086
|
56,684
|
FCF margin
|
67.69%
|
64.74%
|
58.01%
|
50.09%
|
67.24%
|
56.78%
|
56.32%
|
62.74%
|
FCF Conversion (EBITDA)
|
86.58%
|
84%
|
72.87%
|
68.67%
|
100.28%
|
71.16%
|
72.07%
|
79.51%
|
FCF Conversion (Net income)
|
156.71%
|
142.25%
|
122.87%
|
122.39%
|
191.63%
|
144.63%
|
138.86%
|
149.67%
|
Dividend per Share
2 |
0.6800
|
0.7000
|
0.8153
|
0.8533
|
0.8200
|
0.9824
|
1.046
|
1.061
|
Announcement Date
|
1/16/20
|
1/27/21
|
1/26/22
|
1/30/23
|
1/19/24
|
-
|
-
|
-
|
Fiscal Period: December |
2020 S1
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
---|
Net sales
1 |
-
|
-
|
-
|
15,650
|
-
|
15,881
|
10,791
|
15,397
|
15,577
|
26,880
|
20,207
|
15,641
|
18,450
|
32,765
|
21,837
|
17,432
|
17,636
|
EBITDA
1 |
-
|
-
|
-
|
12,180
|
-
|
12,347
|
-
|
-
|
-
|
-
|
-
|
-
|
15,493
|
27,331
|
16,100
|
-
|
-
|
EBIT
1 |
-
|
-
|
-
|
10,222
|
-
|
9,463
|
3,108
|
-
|
6,371
|
14,753
|
-
|
-
|
9,069
|
19,599
|
11,051
|
-
|
-
|
Operating Margin
|
-
|
-
|
-
|
65.32%
|
-
|
59.59%
|
28.8%
|
-
|
40.9%
|
54.88%
|
-
|
-
|
49.15%
|
59.82%
|
50.61%
|
-
|
-
|
Earnings before Tax (EBT)
1 |
-
|
-
|
-
|
10,047
|
-
|
9,323
|
3,018
|
-
|
6,363
|
14,659
|
6,922
|
-
|
8,607
|
19,274
|
10,071
|
-
|
-
|
Net income
1 |
7,903
|
6,706
|
3,137
|
8,154
|
11,292
|
7,653
|
2,365
|
3,613
|
5,269
|
12,642
|
5,865
|
-
|
7,125
|
16,331
|
7,938
|
-
|
-
|
Net margin
|
-
|
-
|
-
|
52.1%
|
-
|
48.19%
|
21.92%
|
23.46%
|
33.83%
|
47.03%
|
29.03%
|
-
|
38.62%
|
49.84%
|
36.35%
|
-
|
-
|
EPS
2 |
-
|
0.3000
|
0.1380
|
0.3600
|
-
|
0.3300
|
0.1100
|
0.1527
|
0.2100
|
0.5200
|
0.2397
|
0.1621
|
0.2818
|
0.6724
|
0.3088
|
-
|
-
|
Dividend per Share
2 |
-
|
0.8153
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
0.8200
|
-
|
-
|
-
|
0.9928
|
-
|
-
|
Announcement Date
|
8/30/20
|
1/26/22
|
4/29/22
|
8/30/22
|
8/30/22
|
10/30/22
|
1/30/23
|
4/27/23
|
8/30/23
|
10/30/23
|
1/19/24
|
4/29/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
84,879
|
90,725
|
90,244
|
101,884
|
306,781
|
274,872
|
237,558
|
228,267
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
2.177
x
|
2.037
x
|
2.037
x
|
2.683
x
|
5.861
x
|
3.96
x
|
3.418
x
|
3.202
x
|
Free Cash Flow
1 |
33,760
|
37,409
|
32,281
|
26,079
|
52,486
|
49,401
|
50,086
|
56,684
|
ROE (net income / shareholders' equity)
|
14.8%
|
16.7%
|
14.9%
|
11.7%
|
13.5%
|
15.9%
|
15.7%
|
15.8%
|
ROA (Net income/ Total Assets)
|
7.28%
|
8.38%
|
8.03%
|
6.53%
|
4.74%
|
5.73%
|
6.29%
|
6.94%
|
Assets
1 |
296,008
|
313,772
|
327,345
|
326,408
|
578,364
|
595,735
|
573,568
|
545,851
|
Book Value Per Share
2 |
6.800
|
7.570
|
7.960
|
8.160
|
8.290
|
8.850
|
9.660
|
9.980
|
Cash Flow per Share
2 |
1.660
|
1.800
|
1.570
|
1.360
|
2.650
|
2.130
|
2.440
|
2.320
|
Capex
1 |
2,705
|
3,628
|
3,452
|
4,834
|
12,233
|
5,726
|
6,040
|
5,745
|
Capex / Sales
|
5.42%
|
6.28%
|
6.2%
|
9.28%
|
15.67%
|
6.58%
|
6.79%
|
6.36%
|
Announcement Date
|
1/16/20
|
1/27/21
|
1/26/22
|
1/30/23
|
1/19/24
|
-
|
-
|
-
|
Last Close Price
30.1
CNY Average target price
30.08
CNY Spread / Average Target -0.08% Consensus |
1st Jan change
|
Capi.
|
---|
| +28.96% | 101B | | -9.24% | 16.11B | | +29.89% | 13.16B | | +76.93% | 13.09B | | +3.19% | 12.76B | | +19.13% | 10.39B | | +46.57% | 8.8B | | -6.29% | 4.06B | | -.--% | 4.01B | | -5.58% | 1.85B |
Hydroelectric & Tidal Utilities
|