XSHE002478
Market cap601mUSD
Jan 10, Last price
4.89CNY
1D
-2.40%
1Q
-4.86%
Jan 2017
-25.68%
IPO
-41.30%
Name
Jiangsu Changbao Steeltube Co Ltd
Chart & Performance
Profile
Jiangsu Changbao Steeltube Co.,Ltd produces and sells steel tubes in the People's Republic of China. The company offers OCTG products for petroleum industry, including connection tubings and casings, coupling stocks, perforating gun carrier pipes, petroleum tool pipes, drill pipes, and slotted pipes; boiler tubes for power generation; steel tubes for auto industry comprising automobile precision tubes, piping for hydraulic cylinders, and axel tubes; petrochemical tubes, steel tubes for low temperature resistance, and high pressure fertilizer tubes; and steel tubes for engineering machinery industry, such as mechanical steel pipes, boom pipes, and piping for hydraulic cylinders. It also provides line pipes, geological drilling pipes, core barrels, rope corning drill pipe materials, gas cylinder pipes, and accumulator tubes, as well as steel pipes for marine engineering, structural purpose, and fluid transmission. It exports its products to Europe, the Americas, the Middle East, CIS, Southeast Asia, Australia, Africa, and internationally. The company was founded in 1958 and is based in Changzhou, China.
Valuation
Title CNY in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
Income | |||||||||
Revenues | 6,660,790 7.03% | 6,223,365 47.25% | |||||||
Cost of revenue | 5,764,658 | 5,600,358 | |||||||
Unusual Expense (Income) | |||||||||
NOPBT | 896,132 | 623,007 | |||||||
NOPBT Margin | 13.45% | 10.01% | |||||||
Operating Taxes | 103,036 | 61,643 | |||||||
Tax Rate | 11.50% | 9.89% | |||||||
NOPAT | 793,096 | 561,364 | |||||||
Net income | 783,029 66.24% | 471,033 246.78% | |||||||
Dividends | (163,798) | (71,013) | |||||||
Dividend yield | 3.38% | 1.39% | |||||||
Proceeds from repurchase of equity | (3,492) | ||||||||
BB yield | 0.07% | ||||||||
Debt | |||||||||
Debt current | 402,816 | 135,683 | |||||||
Long-term debt | |||||||||
Deferred revenue | |||||||||
Other long-term liabilities | 23,750 | ||||||||
Net debt | (1,365,099) | (1,555,851) | |||||||
Cash flow | |||||||||
Cash from operating activities | 489,614 | 783,199 | |||||||
CAPEX | (196,152) | ||||||||
Cash from investing activities | (264,797) | ||||||||
Cash from financing activities | 3,973 | ||||||||
FCF | 375,974 | 657,384 | |||||||
Balance | |||||||||
Cash | 2,267,693 | 1,691,534 | |||||||
Long term investments | (499,778) | ||||||||
Excess cash | 1,434,876 | 1,380,366 | |||||||
Stockholders' equity | 3,692,236 | 3,652,741 | |||||||
Invested Capital | 4,402,073 | 3,465,802 | |||||||
ROIC | 20.16% | 15.90% | |||||||
ROCE | 15.21% | 12.72% | |||||||
EV | |||||||||
Common stock shares outstanding | 889,806 | 905,832 | |||||||
Price | 5.45 -3.20% | 5.63 30.02% | |||||||
Market cap | 4,849,440 -4.91% | 5,099,836 30.07% | |||||||
EV | 3,666,170 | 3,703,544 | |||||||
EBITDA | 1,127,463 | 851,648 | |||||||
EV/EBITDA | 3.25 | 4.35 | |||||||
Interest | 8,400 | 10,364 | |||||||
Interest/NOPBT | 0.94% | 1.66% |