Financials Appotronics Corporation Limited

Equities

688007

CNE100003MQ0

Household Electronics

End-of-day quote Shanghai S.E. 06:00:00 2024-05-08 pm EDT 5-day change 1st Jan Change
19.03 CNY +0.69% Intraday chart for Appotronics Corporation Limited -2.81% -26.47%

Valuation

Fiscal Period: December 2019 2021 2022 2023 2024 2025 2026
Capitalization 1 12,508 15,552 11,350 11,939 8,722 - -
Enterprise Value (EV) 1 12,508 15,552 10,706 11,271 7,641 7,499 7,324
P/E ratio 61.6 x 67.4 x 95.6 x 118 x 48.3 x 29.6 x 28.1 x
Yield - 0.31% 0.22% 0.27% 0.54% 0.92% 1%
Capitalization / Revenue 6.32 x 6.23 x 4.47 x 5.39 x 3.37 x 2.39 x 2.34 x
EV / Revenue 6.32 x 6.23 x 4.21 x 5.08 x 2.95 x 2.05 x 1.97 x
EV / EBITDA - 42.5 x 72.8 x 67.7 x 24.8 x 17.1 x 15.6 x
EV / FCF - -240 x 1,068 x 45.2 x 191 x -3,749 x 28.3 x
FCF Yield - -0.42% 0.09% 2.21% 0.52% -0.03% 3.54%
Price to Book - 6.38 x 4.29 x 4.24 x 2.97 x 2.7 x 2.57 x
Nbr of stocks (in thousands) 451,554 452,757 456,565 461,311 458,346 - -
Reference price 2 27.70 34.35 24.86 25.88 19.03 19.03 19.03
Announcement Date 2/27/20 2/25/22 2/27/23 2/23/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2021 2022 2023 2024 2025 2026
Net sales 1 1,979 2,498 2,541 2,217 2,590 3,649 3,721
EBITDA 1 - 365.6 147.1 166.5 307.8 439.1 470.6
EBIT 1 - 237.7 13.39 34.68 167.9 338.6 349.7
Operating Margin - 9.51% 0.53% 1.56% 6.48% 9.28% 9.4%
Earnings before Tax (EBT) 1 - 288.5 27.51 40.27 192.5 362.7 379.5
Net income 1 176.9 233.4 119.4 102 180.8 297.7 312.4
Net margin 8.94% 9.34% 4.7% 4.6% 6.98% 8.16% 8.4%
EPS 2 0.4500 0.5100 0.2600 0.2200 0.3940 0.6438 0.6775
Free Cash Flow 1 - -64.68 10.02 249.4 40 -2 259
FCF margin - -2.59% 0.39% 11.25% 1.54% -0.05% 6.96%
FCF Conversion (EBITDA) - - 6.81% 149.73% 13% - 55.03%
FCF Conversion (Net income) - - 8.39% 244.56% 22.12% - 82.9%
Dividend per Share 2 - 0.1050 0.0540 0.0700 0.1033 0.1750 0.1900
Announcement Date 2/27/20 2/25/22 2/27/23 2/23/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2022 S2 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 525.1 744.2 606.5 665.3 1,272 459 614.2 577.4 566 445 671.1 628.4 619
EBITDA - - - - - - - - - - - - -
EBIT 1 24.56 14.59 20.92 -46.69 -25.77 7.908 41.49 39.02 -53.73 54.6 77.67 57.27 -8.585
Operating Margin 4.68% 1.96% 3.45% -7.02% -2.03% 1.72% 6.75% 6.76% -9.49% 12.27% 11.57% 9.11% -1.39%
Earnings before Tax (EBT) - - - -31.03 -10.3 - - - - - - - -
Net income - - - 28.08 73.47 - - - - - - - -
Net margin - - - 4.22% 5.78% - - - - - - - -
EPS 2 - - 0.1000 0.0600 0.1600 0.0300 0.1300 0.1200 -0.0600 0.1000 0.1800 0.1500 0.0300
Dividend per Share - - - - - - - - - - - - -
Announcement Date 6/21/22 8/19/22 10/28/22 2/27/23 2/27/23 4/27/23 8/17/23 10/26/23 2/23/24 4/27/24 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - -
Net Cash position 1 - - 645 667 1,082 1,223 1,398
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow 1 - -64.7 10 249 40 -2 259
ROE (net income / shareholders' equity) 14.8% 10.3% 4.73% 3.76% 5.91% 9.48% 9.03%
ROA (Net income/ Total Assets) - 6.06% 2.83% - 3.9% 5.53% 4.4%
Assets 1 - 3,850 4,215 - 4,637 5,381 7,100
Book Value Per Share 2 - 5.380 5.790 6.100 6.410 7.050 7.410
Cash Flow per Share 2 - 0.1300 0.3900 0.7900 0.6000 0.7100 -2.060
Capex 1 - 120 167 115 121 113 145
Capex / Sales - 4.79% 6.58% 5.18% 4.68% 3.1% 3.9%
Announcement Date 2/27/20 2/25/22 2/27/23 2/23/24 - - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
7
Last Close Price
19.03 CNY
Average target price
19.9 CNY
Spread / Average Target
+4.57%
Consensus
  1. Stock Market
  2. Equities
  3. 688007 Stock
  4. Financials Appotronics Corporation Limited
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