NINGXIA BAOFENG ENERGY GROUP CO., LTD. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 17.45 CNY | -2.19% |
|
+0.52% | +18.14% |
| Apr. 25 | Ningxia Baofeng Energy Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
| Apr. 18 | Two killed in explosion at chemical plant in China's Ningxia | RE |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 69,740 | 85,800 | 127,307 | 88,278 | 108,025 | 127,626 | - | - |
| Enterprise Value (EV) 1 | 69,740 | 85,800 | 127,307 | 88,278 | 108,025 | 152,852 | 152,144 | 145,723 |
| P/E ratio | 18.3 x | 18.6 x | 17.9 x | 14 x | 19.2 x | 15.5 x | 8.99 x | 8.72 x |
| Yield | - | 2.39% | 1.85% | 1.16% | 1.9% | 1.99% | 3.87% | 3.91% |
| Capitalization / Revenue | 5.14 x | 5.39 x | 5.46 x | 3.11 x | 3.71 x | 3.3 x | 2.17 x | 2.07 x |
| EV / Revenue | 5.14 x | 5.39 x | 5.46 x | 3.11 x | 3.71 x | 3.95 x | 2.59 x | 2.36 x |
| EV / EBITDA | - | - | 13.1 x | 9.62 x | 12.1 x | 11.9 x | 7.28 x | 6.99 x |
| EV / FCF | - | - | 113 x | -26.3 x | -26.2 x | 58.4 x | 8.51 x | 9.3 x |
| FCF Yield | - | - | 0.89% | -3.8% | -3.82% | 1.71% | 11.7% | 10.8% |
| Price to Book | 2.99 x | 3.31 x | 4.15 x | 2.61 x | 2.81 x | 2.86 x | 2.29 x | 1.93 x |
| Nbr of stocks (in thousands) | 7,333,360 | 7,333,360 | 7,333,360 | 7,313,816 | 7,313,816 | 7,313,816 | - | - |
| Reference price 2 | 9.510 | 11.70 | 17.36 | 12.07 | 14.77 | 17.45 | 17.45 | 17.45 |
| Announcement Date | 3/15/20 | 3/4/21 | 3/8/22 | 3/9/23 | 3/21/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 13,568 | 15,928 | 23,300 | 28,430 | 29,136 | 38,670 | 58,824 | 61,689 |
| EBITDA 1 | - | - | 9,738 | 9,174 | 8,919 | 12,891 | 20,901 | 20,856 |
| EBIT 1 | 4,632 | 5,536 | 8,421 | 7,720 | 6,786 | 9,924 | 16,938 | 17,535 |
| Operating Margin | 34.14% | 34.76% | 36.14% | 27.15% | 23.29% | 25.66% | 28.79% | 28.42% |
| Earnings before Tax (EBT) 1 | - | 5,249 | 8,121 | 7,307 | 6,467 | 9,181 | 16,447 | 16,744 |
| Net income 1 | 3,802 | 4,623 | 7,070 | 6,303 | 5,651 | 8,203 | 14,205 | 14,418 |
| Net margin | 28.02% | 29.02% | 30.35% | 22.17% | 19.39% | 21.21% | 24.15% | 23.37% |
| EPS 2 | 0.5184 | 0.6300 | 0.9700 | 0.8600 | 0.7700 | 1.125 | 1.942 | 2.001 |
| Free Cash Flow 1 | - | - | 1,131 | -3,351 | -4,129 | 2,619 | 17,876 | 15,669 |
| FCF margin | - | - | 4.85% | -11.79% | -14.17% | 6.77% | 30.39% | 25.4% |
| FCF Conversion (EBITDA) | - | - | 11.61% | - | - | 20.32% | 85.53% | 75.13% |
| FCF Conversion (Net income) | - | - | 15.99% | - | - | 31.93% | 125.84% | 108.68% |
| Dividend per Share 2 | - | 0.2800 | 0.3210 | 0.1400 | 0.2800 | 0.3473 | 0.6758 | 0.6821 |
| Announcement Date | 3/15/20 | 3/4/21 | 3/8/22 | 3/9/23 | 3/21/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|
| Net sales 1 | 8,227 | 8,684 | 10,310 | 12,972 | - | - |
| EBITDA 1 | - | 1,369 | 3,407 | 5,731 | - | - |
| EBIT 1 | - | 827.2 | 2,864 | 5,189 | - | - |
| Operating Margin | - | 9.53% | 27.78% | 40% | - | - |
| Earnings before Tax (EBT) | 1,663 | - | - | - | - | - |
| Net income | 1,421 | - | - | - | - | - |
| Net margin | 17.27% | - | - | - | - | - |
| EPS 2 | 0.1900 | 0.1556 | 0.3918 | 0.4050 | - | - |
| Dividend per Share 2 | - | 0.0730 | 0.0730 | 0.0730 | 0.1233 | 0.1233 |
| Announcement Date | 4/25/24 | - | - | - | - | - |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | 25,226 | 24,518 | 18,097 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | 1.957 x | 1.173 x | 0.8677 x |
| Free Cash Flow 1 | - | - | 1,131 | -3,351 | -4,129 | 2,619 | 17,876 | 15,669 |
| ROE (net income / shareholders' equity) | 19.3% | 19% | 25% | 19.6% | 15.7% | 18.7% | 26.3% | 22.6% |
| ROA (Net income/ Total Assets) | 12.6% | 12.9% | 17.1% | 12.4% | 8.75% | 8.8% | 15.6% | 14.5% |
| Assets 1 | 30,061 | 35,700 | 41,239 | 50,976 | 64,604 | 93,216 | 91,056 | 99,435 |
| Book Value Per Share 2 | 3.180 | 3.530 | 4.180 | 4.620 | 5.260 | 6.110 | 7.610 | 9.060 |
| Cash Flow per Share 2 | 0.4900 | 0.7100 | 0.8900 | 0.9000 | 1.190 | 1.850 | 3.010 | 2.330 |
| Capex 1 | 4,541 | 2,574 | 5,357 | 9,977 | 12,822 | 10,780 | 6,140 | 4,865 |
| Capex / Sales | 33.46% | 16.16% | 22.99% | 35.09% | 44.01% | 27.88% | 10.44% | 7.89% |
| Announcement Date | 3/15/20 | 3/4/21 | 3/8/22 | 3/9/23 | 3/21/24 | - | - | - |
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
C+
Sell
Buy
Mean consensus
BUY
Number of Analysts
8
Last Close Price
17.45
CNY
Average target price
22.73
CNY
Spread / Average Target
+30.28%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +18.14% | 17.61B | |
| +3.74% | 104B | |
| -10.18% | 59.99B | |
| +80.95% | 50.92B | |
| +8.46% | 36.09B | |
| -0.02% | 30.95B | |
| +4.78% | 18.85B | |
| +9.26% | 13.97B | |
| +78.32% | 13B | |
| -6.28% | 12.81B |
- Stock Market
- Equities
- 600989 Stock
- Financials Ningxia Baofeng Energy Group Co., Ltd.
