Financials Yongyue Science&Technology Co.,Ltd

Equities

603879

CNE100002WZ2

Commodity Chemicals

End-of-day quote Shanghai S.E. 06:00:00 2024-07-16 pm EDT 5-day change 1st Jan Change
2.75 CNY +4.96% Intraday chart for Yongyue Science&Technology Co.,Ltd +20.09% -56.96%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,403 2,395 2,098 2,857 2,199 2,305
Enterprise Value (EV) 1 1,138 2,176 1,877 2,638 2,040 2,279
P/E ratio 37.5 x 102 x 379 x 449 x -55.4 x -33 x
Yield 0.72% 0.41% 0.1% 0.08% - -
Capitalization / Revenue 2.31 x 5.59 x 5.16 x 7.21 x 7.42 x 6.83 x
EV / Revenue 1.87 x 5.07 x 4.62 x 6.66 x 6.89 x 6.75 x
EV / EBITDA 27.1 x 87.5 x -1,742 x 582 x -40.3 x -33.8 x
EV / FCF 123 x -88.6 x -803 x 1,336 x -45.1 x -20.4 x
FCF Yield 0.81% -1.13% -0.12% 0.07% -2.22% -4.91%
Price to Book 2.61 x 4.58 x 4 x 5.41 x 4.38 x 5.36 x
Nbr of stocks (in thousands) 366,912 357,234 359,345 359,344 362,314 360,722
Reference price 2 3.823 6.703 5.838 7.950 6.070 6.390
Announcement Date 3/29/19 4/16/20 4/19/21 4/19/22 4/27/23 4/29/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 608.2 428.7 406.4 396.2 296.3 337.7
EBITDA 1 41.98 24.86 -1.078 4.533 -50.68 -67.49
EBIT 1 33.66 18.15 -8.93 -4.233 -59.64 -78.73
Operating Margin 5.53% 4.23% -2.2% -1.07% -20.13% -23.31%
Earnings before Tax (EBT) 1 41.88 27.7 4.679 4.329 -57.2 -81.55
Net income 1 37.42 24.39 6.251 6.428 -39.7 -70.09
Net margin 6.15% 5.69% 1.54% 1.62% -13.4% -20.75%
EPS 2 0.1020 0.0659 0.0154 0.0177 -0.1096 -0.1938
Free Cash Flow 1 9.213 -24.57 -2.338 1.974 -45.28 -111.9
FCF margin 1.51% -5.73% -0.58% 0.5% -15.28% -33.12%
FCF Conversion (EBITDA) 21.94% - - 43.55% - -
FCF Conversion (Net income) 24.62% - - 30.71% - -
Dividend per Share 2 0.0275 0.0275 0.006100 0.006000 - -
Announcement Date 3/29/19 4/16/20 4/19/21 4/19/22 4/27/23 4/29/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 265 219 221 218 159 26.4
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 9.21 -24.6 -2.34 1.97 -45.3 -112
ROE (net income / shareholders' equity) 7.08% 4.52% 1% 0.99% -7.81% -15.2%
ROA (Net income/ Total Assets) 3.58% 1.92% -0.96% -0.47% -6.79% -9.09%
Assets 1 1,044 1,271 -653.4 -1,375 584.9 771.2
Book Value Per Share 2 1.460 1.460 1.460 1.470 1.390 1.190
Cash Flow per Share 2 0.3100 0.1900 0.2200 0.3900 0.4500 0.1900
Capex 1 4.74 27.7 3.1 2.06 90.2 70.7
Capex / Sales 0.78% 6.47% 0.76% 0.52% 30.43% 20.94%
Announcement Date 3/29/19 4/16/20 4/19/21 4/19/22 4/27/23 4/29/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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