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 0.17
Market Cap (SGDm)  108.8
YE 30/12/2021
Earnings Release Date (Est) 15 May 21
52 wk high/low  0.18/ 0.065
YTD % change 0%
Free Float % 36.7%
Insiders Holding 63.3%
Key financial highlights
Key Highlights 2018 2019 2020
Revenue (CNYm)    2,259.5  3,660.0    3,182.3
Net Profit (CNYm)    82.7       113.7          158.6
P/E  7.6   5.6  4.0
P/B  0.9  0.8 0.5
Return on Equity 11.8% 14.5% 15.1%
Net D/E 98.4% 95.4% 79.7%
Est Dividend Yield 2.9% 0.0% 2.9%
Source: CapitalIQ (Based on price of S$0.17)

 

 


Risks

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