Zhongfu Straits (Pingtan) Development Company Limited

000592.SZ

000592.SZZhongfu Straits (Pingtan) Development Company Limited

Shenzhen

1.45

CNY

-0.01

(-0.68%)

-0.15EPS

-9.67P/E

2.80BMarket Cap

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ISIN

CNE0000009F2

Return %

Stock

S&P500

-49.83

25.87

-53.23

25.85

-53.97

86.66

Use logarithmic scale

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	TTM
Revenue per Share	0.41	0.43	0.51	0.51	0.56	0.41	0.44	0.48	0.5	0.64	0.83	0.61	0.64	0.78
Basic EPS, GAAP	0.01	0.01	0.03	0.04	0.02	0.01	- -	0.01	0.01	-0.12	-0.2	-0.12	-0.16	-0.15
Free Cash Flow per Basic Share	-0.05	0.02	-0.06	-0.02	-0.18	-0.07	-0.1	-0.41	0.17	-0.07	-0.04	0.04	0.03	-0.05
Dividend per Share	0.02	0.02	0.01	0.01	0.02	- -	0.01	0.01	0.01	- -	- -	- -	- -	- -
Book Value per Share	0.14	0.26	0.29	0.33	0.42	0.88	0.89	0.89	0.91	0.79	0.59	0.47	0.31	0.31
Tangible Book Value per Share	0.7	0.73	0.78	0.82	1.98	1.77	1.72	1.65	1.75	1.62	1.24	1.13	1.05	1.02
Basic Weighted Avg Shares	1,696	1,691	1,695	1,695	1,714	1,931	1,926	1,937	1,925	1,931	1,932	1,932	1,931	2,006
Sales/Revenue/Turnover	689	727	858	865	963	786	848	935	966	1,234	1,607	1,175	1,233	1,574
Operating Margin (%)	3.64	1.84	3.98	5.67	5.65	-0.45	0.17	1.55	1.15	2.2	1.75	-0.75	0.2	3.75
Depreciation Expense	37	35	35	37	37	36	50	46	49	54	45	44	47	- -
Net Income, GAAP	10	12	43	70	38	20	6	26	25	-226	-387	-230	-308	-297
Effective Tax Rate (%)	14.5	13.51	6.12	8.61	11.94	66.16	323.22	60.63	23.23	- -	- -	- -	- -	35.07
Profit Margin (%)	1.47	1.65	5.07	8.14	3.92	2.58	0.7	2.82	2.55	-18.31	-24.11	-19.53	-24.96	-18.84
Working Capital	926	989	949	977	2,892	2,607	2,400	2,532	2,762	2,516	1,832	1,518	1,394	1,401
LT Debt	151	148	76	36	35	128	76	3	3	3	3	16	28	28
Total Equity	1,235	1,272	1,348	1,430	3,426	3,490	3,498	3,383	3,577	3,278	2,491	2,284	2,144	2,188
Return on Invested Capital (%)	1.22	0.69	1.95	2.78	1.88	-0.03	-0.08	0.15	0.23	- -	- -	- -	- -	- -
Return on Capital (%)	3.85	3.18	5.44	8.09	5.91	2.14	-1.06	1.22	1.75	- -	- -	- -	- -	-63.83
Return on Common Equity (%)	4.35	3.52	9.32	13.45	5.92	1.68	0.35	1.53	1.41	-13.73	-28.94	-22.29	-40.44	-38.14

Capital Structure

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in mil. unless spec.

Working Capital

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in mil. unless spec.

Growth Rates

FRC

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in mil. unless spec.

(avg. rate of change)	10 years	5 years	1 year
Sales/Revenue/Turnover	5.13%	7.86%	4.95%
Net Income, GAAP	-71.89%	-191.78%	34.12%
Free Cash Flow	57.27%	-107.11%	-19.53%
Total Cash Common Dividend	- -	- -	- -
Total Equity	10.34%	-8.22%	-6.15%

Growth Rates

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in mil. unless spec.

Quarterly Revenue

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in mil. unless spec.

Quarterly Earnings Per Share

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in mil. unless spec.

Quarterly Dividends Per Share

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in mil. unless spec.

Company Description

CEO: Mr. Zhi Ming Wang
Full Time Employees: 1,102
Sector: Basic Materials
Industry: Paper, Lumber & Forest Products
Address: World Jinlong Building Fuzhou People's Republic of China 350001
IPO Date: Invalid Date
Website: www.000592.com
Business: Zhongfu Straits (Pingtan) Development Company Limited provides wood products under the Zhongfu brand in China and internationally. The company offers fiberboard products. It is also involved in the processing and sale of forest products; cultivation of seedlings; forest planting; and sale of sapling forest products. In addition, the company sells tobacco fertilizers to tobacco companies; wood logs; and pulp and pulp related products. Further, it engages in the investment, construction, and operation management of sewage treatment and water plants; and construction of residential, commercial, hotel, and office properties. The company was formerly known as Fujian Zhongfu Industries Co., Ltd and changed its name to Zhongfu Straits (Pingtan) Development Company Limited in May 2014. Zhongfu Straits (Pingtan) Development Company Limited was founded in 1993 and is based in Fuzhou, China.

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	TTM
Revenue per Share	0.41	0.43	0.51	0.51	0.56	0.41	0.44	0.48	0.5	0.64	0.83	0.61	0.64	0.78
Basic EPS, GAAP	0.01	0.01	0.03	0.04	0.02	0.01	- -	0.01	0.01	-0.12	-0.2	-0.12	-0.16	-0.15
Free Cash Flow per Basic Share	-0.05	0.02	-0.06	-0.02	-0.18	-0.07	-0.1	-0.41	0.17	-0.07	-0.04	0.04	0.03	-0.05
Dividend per Share	0.02	0.02	0.01	0.01	0.02	- -	0.01	0.01	0.01	- -	- -	- -	- -	- -
Book Value per Share	0.14	0.26	0.29	0.33	0.42	0.88	0.89	0.89	0.91	0.79	0.59	0.47	0.31	0.31
Tangible Book Value per Share	0.7	0.73	0.78	0.82	1.98	1.77	1.72	1.65	1.75	1.62	1.24	1.13	1.05	1.02
Basic Weighted Avg Shares	1,696	1,691	1,695	1,695	1,714	1,931	1,926	1,937	1,925	1,931	1,932	1,932	1,931	2,006
Sales/Revenue/Turnover	689	727	858	865	963	786	848	935	966	1,234	1,607	1,175	1,233	1,574
Operating Margin (%)	3.64	1.84	3.98	5.67	5.65	-0.45	0.17	1.55	1.15	2.2	1.75	-0.75	0.2	3.75
Depreciation Expense	37	35	35	37	37	36	50	46	49	54	45	44	47	- -
Net Income, GAAP	10	12	43	70	38	20	6	26	25	-226	-387	-230	-308	-297
Effective Tax Rate (%)	14.5	13.51	6.12	8.61	11.94	66.16	323.22	60.63	23.23	- -	- -	- -	- -	35.07
Profit Margin (%)	1.47	1.65	5.07	8.14	3.92	2.58	0.7	2.82	2.55	-18.31	-24.11	-19.53	-24.96	-18.84
Working Capital	926	989	949	977	2,892	2,607	2,400	2,532	2,762	2,516	1,832	1,518	1,394	1,401
LT Debt	151	148	76	36	35	128	76	3	3	3	3	16	28	28
Total Equity	1,235	1,272	1,348	1,430	3,426	3,490	3,498	3,383	3,577	3,278	2,491	2,284	2,144	2,188
Return on Invested Capital (%)	1.22	0.69	1.95	2.78	1.88	-0.03	-0.08	0.15	0.23	- -	- -	- -	- -	- -
Return on Capital (%)	3.85	3.18	5.44	8.09	5.91	2.14	-1.06	1.22	1.75	- -	- -	- -	- -	-63.83
Return on Common Equity (%)	4.35	3.52	9.32	13.45	5.92	1.68	0.35	1.53	1.41	-13.73	-28.94	-22.29	-40.44	-38.14

Year	Q1	Q2	Q3	Q4	FY
2022	270	312	247	346	1,175
2023	260	327	303	343	1,233
2024	603	324	- -	- -	- -

	Dec'23	Mar'24	Jun'24
Total Current Assets	3,339	2,899	2,959
Accounts Receivable, Net	184	221	269
Cash, Cash Equivalents & STI	789	744	776
Inventories	1,932	1,601	1,623
Total Current Liabilities	1,945	1,549	1,558
Payables & Accruals	- -	- -	- -
ST Debt	388	386	399
Deferred Revenue	- -	- -	- -

	Dec'23	Mar'24	Jun'24
ST Debt	388	386	399
LT Borrowings	- -	- -	- -
LT Finance Leases	28	31	28
Preferred Equity and Hybrid Capital	- -	- -	- -
Shares Outstanding	1,932	1,932	1,932
Market Capitalization	4,857	4,513	2,608

Zhongfu Straits (Pingtan) Development Company Limited

Growth Rates

(avg. rate of change)

Company Description

Growth Rates

(avg. rate of change)

Quarterly Earnings Per Share

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Quarterly Revenue

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Working Capital

Quarterly Dividends Per Share

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Capital Structure