Financials Beijing Hanbang Technology Corp.

Equities

300449

CNE100001ZD4

Communications & Networking

End-of-day quote Shenzhen S.E. 06:00:00 2024-05-27 pm EDT 5-day change 1st Jan Change
4.26 CNY -0.70% Intraday chart for Beijing Hanbang Technology Corp. -8.19% -36.61%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,610 3,118 3,941 2,412 1,395 1,999
Enterprise Value (EV) 1 2,677 3,410 4,149 2,628 1,601 1,690
P/E ratio 220 x -6.02 x 82.8 x -3.21 x -11.4 x -15.6 x
Yield 0.45% - - - - -
Capitalization / Revenue 4.96 x 6.05 x 9.3 x 8.25 x 11.2 x 15 x
EV / Revenue 5.09 x 6.62 x 9.79 x 8.99 x 12.9 x 12.7 x
EV / EBITDA 48.8 x -20 x -3,972 x -11.8 x -17.9 x -21.1 x
EV / FCF 21.4 x -50.1 x 28 x 145 x 37.3 x 18.5 x
FCF Yield 4.68% -2% 3.57% 0.69% 2.68% 5.42%
Price to Book 1.78 x 3.35 x 4.3 x 14.9 x 34.6 x 6.15 x
Nbr of stocks (in thousands) 304,644 302,759 297,456 297,456 297,456 297,456
Reference price 2 8.567 10.30 13.25 8.110 4.690 6.720
Announcement Date 4/24/19 4/27/20 4/15/21 4/19/22 4/25/23 4/26/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 526.1 515.4 423.9 292.4 124.1 133
EBITDA 1 54.88 -170.7 -1.044 -222.4 -89.51 -80.05
EBIT 1 52.78 -173 -12.84 -244.7 -110.6 -101.2
Operating Margin 10.03% -33.56% -3.03% -83.67% -89.15% -76.06%
Earnings before Tax (EBT) 1 15.68 -485.3 46.68 -776.2 -129.2 -172.5
Net income 1 10.99 -519.2 47.7 -754.1 -121.5 -127.3
Net margin 2.09% -100.73% 11.25% -257.87% -97.87% -95.73%
EPS 2 0.0389 -1.710 0.1600 -2.530 -0.4100 -0.4300
Free Cash Flow 1 125.2 -68.09 147.9 18.08 42.96 91.54
FCF margin 23.79% -13.21% 34.9% 6.18% 34.61% 68.81%
FCF Conversion (EBITDA) 228.09% - - - - -
FCF Conversion (Net income) 1,139.32% - 310.08% - - -
Dividend per Share 2 0.0389 - - - - -
Announcement Date 4/24/19 4/27/20 4/15/21 4/19/22 4/25/23 4/26/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q1
Net sales -
EBITDA -
EBIT -
Operating Margin -
Earnings before Tax (EBT) -
Net income 1 -1.565
Net margin -
EPS 2 -0.0300
Dividend per Share -
Announcement Date 4/19/22
1USD in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 67.6 292 207 216 206 -
Net Cash position 1 - - - - - 308
Leverage (Debt/EBITDA) 1.232 x -1.709 x -198.6 x -0.9701 x -2.3 x -
Free Cash Flow 1 125 -68.1 148 18.1 43 91.5
ROE (net income / shareholders' equity) 0.83% -43.4% 5.18% -140% -120% -55.1%
ROA (Net income/ Total Assets) 1.62% -5.36% -0.51% -15.1% -12.4% -9.43%
Assets 1 677 9,681 -9,348 5,009 975.8 1,351
Book Value Per Share 2 4.810 3.070 3.080 0.5400 0.1400 1.090
Cash Flow per Share 2 0.6900 0.2600 0.0500 0.1500 0.0200 1.320
Capex 1 22.5 25.7 41.2 0.19 2.14 0
Capex / Sales 4.28% 4.99% 9.71% 0.06% 1.73% 0%
Announcement Date 4/24/19 4/27/20 4/15/21 4/19/22 4/25/23 4/26/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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