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 2020 Annual Report

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Recent Developments
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 0.26
Market Cap (SGDm)  166
YE 30/12/2021
Earnings Release Date (Est) –
52 wk high/low 0.49/ 0.16
YTD % change -10.3%
Free Float % 33.4%
Insiders Holding 66.6%
Key financial highlights
Key Highlights 2019 2020 2021
Revenue (CNYm)  3,660.0  3,182.3 4716.2  
Net Profit (CNYm) 113.7 184.6 307.3
EPS (RMB cents)  17.8  24.8  37.1
NAV/Share (RMB cents) 1.30 1.60 1.95
Return on Equity 13.9% 15.1% 27.0%
Net D/E 94.9% 72.2% 26.5%
DPS (SGD) – 0.005 0.006

 

 

Risks

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