XSHE003027
Market cap257mUSD
Dec 25, Last price
14.55CNY
1D
-2.35%
1Q
16.77%
IPO
-58.01%
Name
Tongxing Environmental Protection Technology Co Ltd
Chart & Performance
P/E
73.53
P/S
2.42
EPS
0.20
Div Yield, %
1.74%
Shrs. gr., 5y
6.64%
Rev. gr., 5y
1.46%
Revenues
775m
-17.38%
Net income
26m
-78.69%
CFO
82m
Dividend
Jun 06, 20240.06 CNY/sh
Profile
Tongxing Environmental Protection Technology Co.,Ltd provides environmental protection project general contracting services in China. It offers environmental protection equipment and materials for dust removal, desulfurization, and denitrification; salt extraction products; desulfurization waste liquid extraction salt; and low temperature denitration catalyst, as well as related ancillary services. The company was founded in 2006 and is based in Hefei, China.
Valuation
Title CNY in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | |
| Income | ||||||||
Revenues | 775,192 -17.38% | 938,268 0.53% | 933,358 21.60% | |||||
Cost of revenue | 695,396 | 735,918 | 680,523 | |||||
Unusual Expense (Income) | ||||||||
NOPBT | 79,796 | 202,350 | 252,836 | |||||
NOPBT Margin | 10.29% | 21.57% | 27.09% | |||||
Operating Taxes | 20,452 | 28,679 | ||||||
Tax Rate | 10.11% | 11.34% | ||||||
NOPAT | 79,796 | 181,898 | 224,157 | |||||
Net income | 25,544 -78.69% | 119,882 -26.20% | 162,440 5.44% | |||||
Dividends | (32,666) | (39,726) | (43,335) | |||||
Dividend yield | 1.33% | 1.22% | 1.35% | |||||
Proceeds from repurchase of equity | (10,605) | |||||||
BB yield | 0.43% | |||||||
| Debt | ||||||||
Debt current | 359,188 | 403,017 | 206,661 | |||||
Long-term debt | 312 | 579 | ||||||
Deferred revenue | 5,742 | 6,170 | ||||||
Other long-term liabilities | 12,218 | 9,496 | 8,843 | |||||
Net debt | (348,996) | (392,481) | (581,794) | |||||
| Cash flow | ||||||||
Cash from operating activities | 82,206 | 78,690 | ||||||
CAPEX | (65,540) | |||||||
Cash from investing activities | (86,917) | 51,879 | ||||||
Cash from financing activities | (97,969) | 349,085 | ||||||
FCF | 114,155 | (107,048) | (154,651) | |||||
| Balance | ||||||||
Cash | 734,655 | 796,077 | 779,498 | |||||
Long term investments | (26,160) | 8,957 | ||||||
Excess cash | 669,736 | 749,164 | 741,787 | |||||
Stockholders' equity | 862,896 | 916,056 | 819,275 | |||||
Invested Capital | 1,481,107 | 1,424,049 | 1,130,852 | |||||
ROIC | 5.49% | 14.24% | 21.68% | |||||
ROCE | 3.71% | 9.31% | 13.50% | |||||
| EV | ||||||||
Common stock shares outstanding | 134,441 | 133,202 | 131,000 | |||||
Price | 18.26 -25.29% | 24.44 -0.08% | 24.46 -8.59% | |||||
Market cap | 2,454,886 -24.59% | 3,255,455 1.60% | 3,204,253 -7.90% | |||||
EV | 2,194,558 | 2,952,155 | 2,705,681 | |||||
EBITDA | 118,001 | 221,253 | 270,774 | |||||
EV/EBITDA | 18.60 | 13.34 | 9.99 | |||||
Interest | 7,073 | 3,923 | 135 | |||||
Interest/NOPBT | 8.86% | 1.94% | 0.05% | |||||