Financials Innovation New Material Technology Co., Ltd.

Equities

600361

CNE000001980

Aluminum

End-of-day quote Shanghai S.E. 06:00:00 2024-07-11 pm EDT 5-day change 1st Jan Change
4.11 CNY -3.52% Intraday chart for Innovation New Material Technology Co., Ltd. +3.79% -17.96%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 2,517 2,650 3,828 24,262 21,724 17,822 - -
Enterprise Value (EV) 1 2,517 2,650 3,828 24,262 21,724 17,822 17,822 17,822
P/E ratio 29.1 x 26.5 x -13.7 x 19.2 x 21.5 x 13.4 x 11.2 x 11 x
Yield 1.85% 2.01% - - 1.4% 1.22% 1.46% -
Capitalization / Revenue 0.21 x 0.28 x 0.46 x - 0.3 x 0.21 x 0.19 x 0.17 x
EV / Revenue 0.21 x 0.28 x 0.46 x - 0.3 x 0.21 x 0.19 x 0.17 x
EV / EBITDA 6.89 x 5.62 x 73.2 x - 12.9 x 7.16 x 5.9 x 5.63 x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 0.91 x 0.94 x 1.94 x - 2.14 x 1.59 x 1.41 x 1.33 x
Nbr of stocks (in thousands) 665,808 665,808 665,808 4,003,599 4,336,193 4,336,193 - -
Reference price 2 3.780 3.980 5.750 6.060 5.010 4.110 4.110 4.110
Announcement Date 4/29/20 4/28/21 3/30/22 4/7/23 4/25/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 11,993 9,549 8,353 - 72,844 85,676 94,756 104,184
EBITDA 1 365.1 471.2 52.28 - 1,690 2,490 3,018 3,163
EBIT 1 106.7 215 -188.6 - 1,240 1,673 2,011 2,094
Operating Margin 0.89% 2.25% -2.26% - 1.7% 1.95% 2.12% 2.01%
Earnings before Tax (EBT) 1 92.84 208.6 -259.3 - 1,242 1,675 2,012 2,095
Net income 1 84.26 103.1 -281.8 1,089 957.9 1,308 1,596 1,635
Net margin 0.7% 1.08% -3.37% - 1.31% 1.53% 1.68% 1.57%
EPS 2 0.1300 0.1500 -0.4200 0.3158 0.2328 0.3067 0.3667 0.3750
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 0.0700 0.0800 - - 0.0700 0.0500 0.0600 -
Announcement Date 4/29/20 4/28/21 3/30/22 4/7/23 4/25/24 - - -
1CNY in Million2CNY
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) 3.08% 3.71% -11.8% - 10.9% 11.7% 13.1% 12.2%
ROA (Net income/ Total Assets) 0.85% 1.16% -2.85% - 5.2% 5.87% 6.72% 6.37%
Assets 1 9,878 8,874 9,886 - 18,412 22,302 23,750 25,667
Book Value Per Share 2 4.130 4.210 2.970 - 2.340 2.590 2.930 3.100
Cash Flow per Share 2 0.7500 1.010 - - 0.1300 0.4300 0.3000 -
Capex 1 337 101 167 - 2,310 1,487 1,092 1,240
Capex / Sales 2.81% 1.06% 2% - 3.17% 1.74% 1.15% 1.19%
Announcement Date 4/29/20 4/28/21 3/30/22 4/7/23 4/25/24 - - -
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
3
Last Close Price
4.11 CNY
Average target price
5.5 CNY
Spread / Average Target
+33.82%
Consensus

Annual profits - Rate of surprise

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