JiangSu Zhenjiang New Energy Equipment Co., Ltd. / Fundamentals

    Income statement

    Net revenue
    €454.88M
    Cost of goods sold
    €368.47M
    Gross profit
    €86.41M
    SG&A expenses
    €9.46M
    R&D expenses
    €15.48M
    EBITDA
    €21.99M
    D&A
    -€1.28M
    EBIT
    €16.99M
    Interest expenses
    €4.11M
    EBT
    €11.10M
    Tax expenses
    €2.61M
    Net income
    €8.38M

    Cash flow statement

    Net deferred tax
    €0.00
    Non-cash items
    €25.73M
    Changes in working capital
    €0.00
    Operating cash flow
    €30.65M
    Capex
    €105.19M
    Other investing cash flow
    -€1.73M
    Net investing cash flow
    -€112.11M
    Total cash dividends paid
    -€21.53M
    Issuance of common stock
    €0.00
    Debt repayment
    €184.99M
    Other financing cash flow
    -€55.56M
    Net financing cash flow
    €107.89M
    Foreign exchange effects
    €1.18M
    Net change in cash
    €30.50M
    Cash at end of period
    €76.38M
    Free cash flow
    €135.84M

    Balance sheet

    Cash and cash equivalents
    €130.35M
    Cash and short-term investments
    €132.85M
    Total receivables
    €129.56M
    Inventory
    €162.53M
    Other current assets
    €47.86M
    Total current assets
    €472.80M
    Property, plant & equipment
    €350.76M
    Goodwill
    €17.12M
    Intangible assets
    €34.10M
    Long-term investments
    €0.00
    Other non-current assets
    €24.04M
    Total non-current assets
    €440.10M
    Total assets
    €912.90M
    Accounts payable
    €75.41M
    Short-term debt
    €252.38M
    Other current liabilities
    €151.13M
    Total current liabilities
    €481.81M
    Long-term debt
    €63.72M
    Deferred tax liabilities
    €3.60M
    Other non-current liabilities
    €64.14M
    Total non-current liabilities
    €138.71M
    Total liabilities
    €620.52M
    Common stock
    €21.93M
    Retained earnings
    €95.04M
    Other equity
    €0.00
    Total equity
    €292.38M
    Total liabilities and shareholders' equity
    €912.90M

    Company information

    Market capitalization
    €543.87M
    Employees
    3.4K
    Enterprise Value
    €5.96B

    Company ratios

    Gross margin
    19.0% Worse than peer group: 27.5%
    EBITDA margin
    4.8% Even with peer group: 9.8%
    EBIT margin
    3.7% Even with peer group: 6.4%
    EBT margin
    2.4% Even with peer group: 6.7%
    Net margin
    1.8% Even with peer group: 5.5%
    ROE
    2.9% Even with peer group: 7.3%
    ROA
    0.9% Even with peer group: 3.9%
    Asset turnover
    49.8% Worse than peer group: 56.2%
    FCF margin
    -16.4% Worse than peer group: -4.0%
    FCF yield
    -13.7%
    Efficiency ratio
    95.2%
    Net sales per employee
    €134.74K
    Net income per employee
    €2.48K

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