XSHG603968
Market cap263mUSD
Dec 26, Last price
9.45CNY
1D
-2.59%
1Q
2.61%
Jan 2017
-61.17%
IPO
-39.26%
Name
Nantong Acetic Acid Chemical Co Ltd
Chart & Performance
Profile
Nantong Acetic Acid Chemical Co., Ltd. manufactures and sells food and feed additives, pharmaceutical and pesticide intermediates, dye and pigment intermediates, and organic chemical raw materials in China. Its food and feed additives include sorbic acid, potassium sorbate, dehydroacetic acid, sodium dehydroacetate, nicotinic acid, nicotinamide, and clopidol; pharmaceutical and pesticide intermediates comprise methyl acetoacetate, ethyl acetoacetate, 2-cyanopyridine, 3-cyanopyridine, and 4-cyanopyridine; and organic chemical raw materials consist of diketene, acetonitrile, and crotonaldehyde. The company's dye and pigment intermediates include acetoacetanilide, 2-methylacetoacetanilide, N-acetoacetyl-4-methylaniline, o-acetoacetaniside, p-acetoacetaniside, p-acetophenetidide, 2,4-dimethylacetoacetanilide, acetoacetic-2,5-dimethoxyanilide, 1-(p-tolyl)-3-methyl-5-pyrazolone, 1-phenyl-3-methyl-5-pyrazolone, 5-acetoacetlamino benzimdazolone, and naphthol AS-G; 4-chloro-2,5-dimethoxyacetoacetanilide; and N,N'-(1,4-phenylene)bis(acetoacetamide). It also offers customized products, such as sodium acetate anhydrous, N-methylacetoacetamide, 2-isopropyl-4-methyl-6-pyrimidinone, 3-methyl-1-(4-sulfophenyl)-5-pyrazolone, 1-(3-sulfophenyl)-3-methyl-5-pyrazolone, 1-(3'-chlorophenyl)-3-methyl-5-pyrazolone, and 1-(2-chlorophenyl)-3-methyl-5-pyrazolone. The company also exports its products. Nantong Acetic Acid Chemical Co., Ltd. was founded in 1959 and is based in Nantong, China.
Valuation
Title CNY in thousands, except ratios and share amounts | FY | 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 | 2014‑12 | |
Income | ||||||||||
Revenues | 3,008,337 -16.21% | 3,590,476 19.71% | 2,999,288 23.73% | |||||||
Cost of revenue | 2,837,671 | 3,029,247 | 2,723,329 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 170,666 | 561,229 | 275,960 | |||||||
NOPBT Margin | 5.67% | 15.63% | 9.20% | |||||||
Operating Taxes | 15,547 | 67,095 | 27,621 | |||||||
Tax Rate | 9.11% | 11.95% | 10.01% | |||||||
NOPAT | 155,119 | 494,135 | 248,339 | |||||||
Net income | 32,704 -91.85% | 401,491 130.67% | 174,057 -29.69% | |||||||
Dividends | (185,784) | (102,240) | (102,240) | |||||||
Dividend yield | 6.16% | 2.30% | 2.68% | |||||||
Proceeds from repurchase of equity | ||||||||||
BB yield | ||||||||||
Debt | ||||||||||
Debt current | 122,100 | 205,000 | 85,669 | |||||||
Long-term debt | 327,720 | 200,000 | 200,000 | |||||||
Deferred revenue | 61,007 | 66,708 | 49,133 | |||||||
Other long-term liabilities | 8,960 | 1 | ||||||||
Net debt | (564,547) | (807,321) | (688,662) | |||||||
Cash flow | ||||||||||
Cash from operating activities | 198,114 | 326,234 | 164,786 | |||||||
CAPEX | (45,202) | |||||||||
Cash from investing activities | (49,244) | 186,801 | ||||||||
Cash from financing activities | (90,552) | 18,376 | ||||||||
FCF | 222,579 | 269,145 | 85,693 | |||||||
Balance | ||||||||||
Cash | 1,252,656 | 1,212,321 | 974,331 | |||||||
Long term investments | (238,288) | |||||||||
Excess cash | 863,951 | 1,032,797 | 824,366 | |||||||
Stockholders' equity | 1,552,871 | 1,707,981 | 1,405,453 | |||||||
Invested Capital | 1,739,755 | 1,509,172 | 1,286,881 | |||||||
ROIC | 9.55% | 35.35% | 21.16% | |||||||
ROCE | 6.45% | 21.89% | 12.96% | |||||||
EV | ||||||||||
Common stock shares outstanding | 212,224 | 204,480 | 204,480 | |||||||
Price | 14.21 -34.61% | 21.73 16.27% | 18.69 11.85% | |||||||
Market cap | 3,015,703 -32.13% | 4,443,350 16.27% | 3,821,731 11.85% | |||||||
EV | 2,541,321 | 3,636,030 | 3,133,069 | |||||||
EBITDA | 269,043 | 622,508 | 351,314 | |||||||
EV/EBITDA | 9.45 | 5.84 | 8.92 | |||||||
Interest | 18,980 | 11,649 | 8,586 | |||||||
Interest/NOPBT | 11.12% | 2.08% | 3.11% |