XSHG
603010
Market cap814mUSD
Jul 28, Last price
10.21CNY
1D
-0.10%
1Q
4.93%
IPO
96.28%
Name
Zhejiang Wansheng Co Ltd
Chart & Performance
Profile
Zhejiang Wansheng Co., Ltd. produces and sells organic phosphorus-based flame retardants, special amines, and cardanol based curing agents and diluents in China. The company offers flame retardants for rigid PU, PC/ABS, flexPU, HIPS/MPPO, PVC/soft, epoxy resin, intermediates, and others; and specialty amines, amine catalysts, curing agents/diluents, coatings, catalysts, and other products. Its flame retardants are primarily used for engineering plastic, insulation materials, and PU for automobile and furniture purpose; and amine products are used in PU, electronic chemicals, household chemicals, pharmaceutical, agrochemicals, etc. The company was formerly known as Zhejiang Wansheng Chemicals Co., Ltd. and changed its name to Zhejiang Wansheng Co., Ltd. in 2010. Zhejiang Wansheng Co., Ltd. was founded in 1995 and is headquartered in Linhai, China.
Valuation
Title CNY in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2024‑12 | 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
Income | ||||||||||
Revenues | 2,963,364 3.97% | 2,850,204 -20.03% | 3,564,211 -13.38% | |||||||
Cost of revenue | 2,584,284 | 2,509,233 | 3,003,036 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 379,080 | 340,971 | 561,176 | |||||||
NOPBT Margin | 12.79% | 11.96% | 15.74% | |||||||
Operating Taxes | 31,374 | 30,614 | 72,469 | |||||||
Tax Rate | 8.28% | 8.98% | 12.91% | |||||||
NOPAT | 347,706 | 310,357 | 488,707 | |||||||
Net income | 103,424 -43.72% | 183,767 -49.69% | 365,276 -55.70% | |||||||
Dividends | (144,414) | (247,623) | ||||||||
Dividend yield | 2.25% | 3.72% | ||||||||
Proceeds from repurchase of equity | (2,000) | 120,000 | ||||||||
BB yield | 0.03% | -1.81% | ||||||||
Debt | ||||||||||
Debt current | 519,291 | 109,137 | 356,887 | |||||||
Long-term debt | 808,168 | 735,435 | 382,367 | |||||||
Deferred revenue | 186,294 | 192,535 | 132,468 | |||||||
Other long-term liabilities | 381,288 | 20 | 67 | |||||||
Net debt | (121,072) | (507,133) | (1,117,196) | |||||||
Cash flow | ||||||||||
Cash from operating activities | 378,403 | 626,906 | 505,526 | |||||||
CAPEX | ||||||||||
Cash from investing activities | (1,046,682) | |||||||||
Cash from financing activities | 244,869 | (82,506) | 1,796,094 | |||||||
FCF | (61,295) | (395,814) | (164,842) | |||||||
Balance | ||||||||||
Cash | 1,359,864 | 1,320,485 | 1,729,917 | |||||||
Long term investments | 88,666 | 31,221 | 126,534 | |||||||
Excess cash | 1,300,362 | 1,209,195 | 1,678,240 | |||||||
Stockholders' equity | 2,368,643 | 2,239,117 | 2,442,733 | |||||||
Invested Capital | 4,496,036 | 3,992,482 | 3,189,748 | |||||||
ROIC | 8.19% | 8.64% | 18.61% | |||||||
ROCE | 6.53% | 6.55% | 11.52% | |||||||
EV | ||||||||||
Common stock shares outstanding | 574,580 | 592,798 | 561,963 | |||||||
Price | 10.27 -5.00% | 10.81 -8.62% | 11.83 -54.81% | |||||||
Market cap | 5,900,936 -7.92% | 6,408,143 -3.61% | 6,648,027 -47.64% | |||||||
EV | 6,053,334 | 6,007,940 | 5,548,072 | |||||||
EBITDA | 554,510 | 485,460 | 691,316 | |||||||
EV/EBITDA | 10.92 | 12.38 | 8.03 | |||||||
Interest | 28,742 | 24,455 | 17,401 | |||||||
Interest/NOPBT | 7.58% | 7.17% | 3.10% |