Financials Zhejiang Dun'an Artificial Environment Co., Ltd

Equities

002011

CNE000001JT5

Industrial Machinery & Equipment

End-of-day quote Shenzhen S.E. 06:00:00 2024-07-14 pm EDT 5-day change 1st Jan Change
10.74 CNY -0.37% Intraday chart for Zhejiang Dun'an Artificial Environment Co., Ltd +7.94% -21.89%

Valuation

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 3,623 12,566 12,043 14,529 11,443 - -
Enterprise Value (EV) 1 3,623 12,566 12,043 14,529 11,443 11,443 11,443
P/E ratio -9.63 x 31.1 x 14.4 x 19.6 x 11.7 x 9.85 x 8.4 x
Yield - - - - - - -
Capitalization / Revenue - 1.28 x 1.19 x 1.28 x 0.9 x 0.8 x 0.7 x
EV / Revenue - 1.28 x 1.19 x 1.28 x 0.9 x 0.8 x 0.7 x
EV / EBITDA - - 13.4 x 11.6 x 8.4 x 7.48 x 6.74 x
EV / FCF - 28,628,640 x - - - - -
FCF Yield - 0% - - - - -
Price to Book - 7.25 x 3.3 x 3.29 x 2.12 x 1.82 x 1.58 x
Nbr of stocks (in thousands) 917,212 917,212 917,212 1,056,627 1,065,436 - -
Reference price 2 3.950 13.70 13.13 13.75 10.74 10.74 10.74
Announcement Date 2/26/21 2/25/22 4/9/23 4/18/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net sales 1 - 9,849 10,144 11,382 12,745 14,257 16,337
EBITDA 1 - - 896.8 1,249 1,363 1,529 1,698
EBIT 1 - 457.8 560.9 969.3 1,185 1,361 1,581
Operating Margin - 4.65% 5.53% 8.52% 9.3% 9.55% 9.68%
Earnings before Tax (EBT) 1 - 453.6 932.3 856.3 1,133 1,328 1,555
Net income 1 -374 408.1 839 738 981.7 1,163 1,357
Net margin - 4.14% 8.27% 6.48% 7.7% 8.16% 8.31%
EPS 2 -0.4100 0.4400 0.9100 0.7000 0.9217 1.090 1.278
Free Cash Flow - 438.9 - - - - -
FCF margin - 4.46% - - - - -
FCF Conversion (EBITDA) - - - - - - -
FCF Conversion (Net income) - 107.56% - - - - -
Dividend per Share - - - - - - -
Announcement Date 2/26/21 2/25/22 4/9/23 4/18/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 S1 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 S1
Net sales 1 - - 2,937 2,626 3,633 6,259
EBITDA - - - - - -
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) - - - - - -
Net income 1 592.5 211.1 197.9 208.5 291 499
Net margin - - 6.74% 7.94% 8.01% 7.97%
EPS 0.6500 0.2000 - - - -
Dividend per Share - - - - - -
Announcement Date 8/23/22 10/26/23 4/18/24 4/18/24 - -
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow - 439 - - - - -
ROE (net income / shareholders' equity) - 26.4% 37.9% 18.3% 18.8% 19% 19%
ROA (Net income/ Total Assets) - - 10.2% 7.79% 8.8% 9.25% 8.6%
Assets 1 - - 8,208 9,469 11,155 12,574 15,780
Book Value Per Share 2 - 1.890 3.980 4.180 5.060 5.900 6.790
Cash Flow per Share 2 - - 1.390 0.7700 0.6200 1.560 0.4800
Capex 1 - 78.8 171 109 208 203 218
Capex / Sales - 0.8% 1.68% 0.95% 1.63% 1.42% 1.33%
Announcement Date 2/26/21 2/25/22 4/9/23 4/18/24 - - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
6
Last Close Price
10.74 CNY
Average target price
16.22 CNY
Spread / Average Target
+51.02%
Consensus

Quarterly revenue - Rate of surprise

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