XSHE300008
Market cap1.07bUSD
Jan 14, Last price
4.54CNY
1D
4.85%
1Q
-7.91%
Jan 2017
-15.61%
IPO
-29.69%
Name
Bestway Marine & Energy Technolgy Co Ltd
Chart & Performance
Profile
Bestway Marine & Energy Technology Co.,Ltd provides marine and offshore engineering research and design services in China. It offers marine and offshore engineering research and design services for merchants, passengers, public, and marine engineering ships, as well as marine engineering structures; marine and offshore engineering supervision and technical consultancy services; yacht design; and ship building engineering package contracting services, ship decoration, marine equipment import and export, logistics, etc. The company also manufactures and sells various ships, such as bulkers, boxships, tankers, gas carriers, RoRo ships, public use boats, steel yachts, offshore ships, platforms and platform modules, jack-up legs, jackets, and other steel constructions; offshore and petroleum-related equipment and pipeline robots; and furniture. In addition, it engages in the development of petroleum related inspection and anti-corrosion technology; design of municipal pipeline; provision of various services, such as general freight transportation, warehousing, logistics distribution, goods clearance, ship management, ship maintenance, crew training for LNG power ships, berth rental, yacht repairing and maintenance, yacht register, ship chartering, shipping consultancy, freight forwarding and shipment, seaman recruiting and management, and marine EMC services; interior decoration of yacht and luxury passenger ship, as well as other ship types; and decoration of high-end hotels and clubs. Further, the company is involved in the natural gas business; provision of optimized energy solutions and domestic shipping service; and operation of ecological farms, leisure tourism, yachts, clubs, and resort communities. The company was formerly known as Shanghai Bestway Marine Engineering Design Co., Ltd. and changed its name to Bestway Marine & Energy Technology Co.,Ltd in May 2016. The company was founded in 2001 and is based in Shanghai, 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 | 3,606,454 30.92% | 2,754,613 93.75% | |||||||
Cost of revenue | 3,336,194 | 2,600,625 | |||||||
Unusual Expense (Income) | |||||||||
NOPBT | 270,260 | 153,988 | |||||||
NOPBT Margin | 7.49% | 5.59% | |||||||
Operating Taxes | 37,666 | 9,156 | |||||||
Tax Rate | 13.94% | 5.95% | |||||||
NOPAT | 232,593 | 144,832 | |||||||
Net income | 101,574 -26.62% | 138,416 432.97% | |||||||
Dividends | (14,463) | (7,515) | |||||||
Dividend yield | 0.21% | 0.11% | |||||||
Proceeds from repurchase of equity | 179,119 | (24,179) | |||||||
BB yield | -2.61% | 0.36% | |||||||
Debt | |||||||||
Debt current | 456,186 | 271,610 | |||||||
Long-term debt | 118,013 | 181,004 | |||||||
Deferred revenue | 9,500 | 5,000 | |||||||
Other long-term liabilities | 108,886 | 132,598 | |||||||
Net debt | (592,286) | (394,505) | |||||||
Cash flow | |||||||||
Cash from operating activities | 130,119 | 343,005 | |||||||
CAPEX | (77,008) | ||||||||
Cash from investing activities | (106,064) | ||||||||
Cash from financing activities | 303,333 | ||||||||
FCF | 198,731 | (311,630) | |||||||
Balance | |||||||||
Cash | 891,696 | 604,628 | |||||||
Long term investments | 274,789 | 242,492 | |||||||
Excess cash | 986,162 | 709,388 | |||||||
Stockholders' equity | 1,742,153 | 1,821,310 | |||||||
Invested Capital | 1,604,905 | 1,568,068 | |||||||
ROIC | 14.66% | 11.17% | |||||||
ROCE | 10.30% | 6.66% | |||||||
EV | |||||||||
Common stock shares outstanding | 1,727,457 | 1,716,579 | |||||||
Price | 3.98 1.27% | 3.93 -20.12% | |||||||
Market cap | 6,875,277 1.91% | 6,746,154 -20.65% | |||||||
EV | 6,297,115 | 6,358,669 | |||||||
EBITDA | 353,906 | 221,905 | |||||||
EV/EBITDA | 17.79 | 28.65 | |||||||
Interest | 29,074 | 13,052 | |||||||
Interest/NOPBT | 10.76% | 8.48% |