Sinostar PEC

About Sinostar PEC

One of the largest producers and suppliers of downstream petrochemical products within the 400km radius of its production facilities within the Dongming Petrochem Industrial Zone in Dongming County of Shandong Province,PRC

FY 2019 Annual Report


Investment Merits
  • One of the largest producers and suppliers of downstream petrochemical products within the 400km radius of Sinostar’s production facilities within the Dongming Petrochem Industrial Zone
  • Strategic affiliation with Shandong Dongming Petrochem Holdings Group
  • Expansion plans point to potential huge profit growth in the future
  • Vote of confidence from major Shareholder
  • Strong free cashflow yield 
In The News
Stock Information
Price 0.135
Market Cap (SGDm)  86.4
YE 30/12/2020
Earnings Release Date (Est) 15 Feb 21
52 wk high/low  0.22/ 0.135 
YTD % change -28.2%
Free Float % 36.7%
Insiders Holding 63.3%
Key financial highlights
Key Highlights 2017 2018 2019
Revenue (CNYm)  1,804.6    2,259.5    3,660.0
Net Profit (CNYm)     68.2    82.7          113.7
P/E   6.2  5.3      3.9
P/B  0.6 0.6 0.5
Return on Equity 10.6% 11.8% 14.5%
Net D/E -65.6% 98.4% 95.4%
Est Dividend Yield 3.6% 3.7% 0.0%
Source: CapitalIQ (Based on price of S$0.135)

 

 


Risks

Global economic downturn, disruption in production facilities, drop in prices of propylene, polypropylene etc.