Financials Yunnan Chihong Zinc & Germanium Co., Ltd.

Equities

600497

CNE000001HC5

Specialty Mining & Metals

End-of-day quote Shanghai S.E. 06:00:00 2024-07-11 pm EDT 5-day change 1st Jan Change
5.61 CNY -2.77% Intraday chart for Yunnan Chihong Zinc & Germanium Co., Ltd. +1.26% +11.09%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 22,300 24,438 25,406 25,762 25,711 28,562 - -
Enterprise Value (EV) 1 22,300 24,438 25,406 25,762 25,711 28,562 28,562 28,562
P/E ratio 28.7 x 51.8 x 43.5 x 38.5 x 17.9 x 13.5 x 12 x 11.9 x
Yield 2.74% 1.04% 2.4% 2.37% 2.77% 2.94% 3.21% 3.57%
Capitalization / Revenue 1.36 x 1.28 x 1.17 x 1.18 x 1.17 x 1.21 x 1.19 x 1.17 x
EV / Revenue 1.36 x 1.28 x 1.17 x 1.18 x 1.17 x 1.21 x 1.19 x 1.17 x
EV / EBITDA 9.35 x 15.4 x 9.28 x 11.2 x 8.32 x 7.8 x 7.41 x 6.94 x
EV / FCF - - 9.74 x 9.15 x 9.55 x 8.97 x 8.24 x 7.95 x
FCF Yield - - 10.3% 10.9% 10.5% 11.2% 12.1% 12.6%
Price to Book 1.5 x 1.67 x 1.71 x 1.73 x 1.63 x 1.67 x 1.53 x 1.45 x
Nbr of stocks (in thousands) 5,091,292 5,091,292 5,091,292 5,091,292 5,091,292 5,091,292 - -
Reference price 2 4.380 4.800 4.990 5.060 5.050 5.610 5.610 5.610
Announcement Date 3/20/20 4/15/21 4/21/22 4/20/23 3/29/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 16,403 19,165 21,717 21,900 21,954 23,508 23,920 24,394
EBITDA 1 2,386 1,592 2,739 2,306 3,090 3,661 3,854 4,113
EBIT 1 1,158 317 1,317 886.8 1,794 2,633 2,838 2,981
Operating Margin 7.06% 1.65% 6.06% 4.05% 8.17% 11.2% 11.86% 12.22%
Earnings before Tax (EBT) 1 1,062 258.7 839.5 676.1 1,719 2,567 2,765 2,885
Net income 1 777.1 471.7 584.4 669.6 1,433 2,113 2,383 2,402
Net margin 4.74% 2.46% 2.69% 3.06% 6.53% 8.99% 9.96% 9.85%
EPS 2 0.1526 0.0926 0.1148 0.1315 0.2814 0.4150 0.4680 0.4700
Free Cash Flow 1 - - 2,607 2,817 2,691 3,185 3,466 3,594
FCF margin - - 12.01% 12.86% 12.26% 13.55% 14.49% 14.73%
FCF Conversion (EBITDA) - - 95.19% 122.13% 87.09% 86.99% 89.93% 87.38%
FCF Conversion (Net income) - - 446.15% 420.65% 187.84% 150.72% 145.42% 149.64%
Dividend per Share 2 0.1200 0.0500 0.1200 0.1200 0.1400 0.1650 0.1800 0.2000
Announcement Date 3/20/20 4/15/21 4/21/22 4/20/23 3/29/24 - - -
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 1 - - 2,607 2,817 2,691 3,185 3,466 3,594
ROE (net income / shareholders' equity) 5.33% 3.19% 3.93% 4.5% 9.33% 11.8% 12.3% 11.9%
ROA (Net income/ Total Assets) 2.46% 1.56% 3.25% - 5.39% 6.6% 7.9% 7%
Assets 1 31,604 30,215 17,980 - 26,586 32,019 30,170 34,311
Book Value Per Share 2 2.930 2.870 2.910 2.930 3.100 3.370 3.680 3.860
Cash Flow per Share 2 0.5000 0.5200 0.6400 0.6700 0.6700 0.7000 0.6700 0.7800
Capex 1 1,263 762 633 611 719 611 506 521
Capex / Sales 7.7% 3.98% 2.91% 2.79% 3.27% 2.6% 2.12% 2.13%
Announcement Date 3/20/20 4/15/21 4/21/22 4/20/23 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

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
5.61 CNY
Average target price
6.16 CNY
Spread / Average Target
+9.80%
Consensus

Annual profits - Rate of surprise

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