Financials Bestlink Technologies Co.,Ltd.

Equities

603206

CNE100005QW4

Wireless Telecommunications Services

End-of-day quote Shanghai S.E. 06:00:00 2024-05-14 pm EDT 5-day change 1st Jan Change
13.56 CNY -1.24% Intraday chart for Bestlink Technologies Co.,Ltd. -6.29% -23.86%

Valuation

Fiscal Period: December 2022 2023
Capitalization 1 4,667 5,436
Enterprise Value (EV) 1 3,921 4,579
P/E ratio 20.1 x 29.2 x
Yield 1.44% 1.07%
Capitalization / Revenue 1.19 x 1.25 x
EV / Revenue 1 x 1.05 x
EV / EBITDA 17.3 x 22.2 x
EV / FCF -9.83 x 41.1 x
FCF Yield -10.2% 2.43%
Price to Book 2.24 x 2.47 x
Nbr of stocks (in thousands) 305,200 305,200
Reference price 2 15.29 17.81
Announcement Date 4/26/23 4/24/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023
Net sales 1 2,265 2,926 3,555 3,932 4,351
EBITDA 1 121.5 191.3 240.5 226.8 206
EBIT 1 110.5 180 229.4 214.4 191.9
Operating Margin 4.88% 6.15% 6.45% 5.45% 4.41%
Earnings before Tax (EBT) 1 99.9 184.4 237.3 240.7 204.3
Net income 1 89.35 163.6 210.4 213.5 185.6
Net margin 3.94% 5.59% 5.92% 5.43% 4.27%
EPS 2 0.4100 0.7100 0.9200 0.7600 0.6100
Free Cash Flow 1 2.319 46.25 -151.5 -398.7 111.5
FCF margin 0.1% 1.58% -4.26% -10.14% 2.56%
FCF Conversion (EBITDA) 1.91% 24.17% - - 54.12%
FCF Conversion (Net income) 2.6% 28.28% - - 60.06%
Dividend per Share - - 0.2100 0.2200 0.1900
Announcement Date 4/11/22 4/11/22 4/11/22 4/26/23 4/24/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023
Net Debt 1 - - - - -
Net Cash position 1 75.8 191 105 746 856
Leverage (Debt/EBITDA) - - - - -
Free Cash Flow 1 2.32 46.3 -152 -399 111
ROE (net income / shareholders' equity) 22.4% 27.6% 26.6% 14.3% 8.65%
ROA (Net income/ Total Assets) 3.96% 5.52% 5.64% 3.63% 2.22%
Assets 1 2,254 2,963 3,728 5,891 8,370
Book Value Per Share 2 2.300 2.970 3.940 6.830 7.220
Cash Flow per Share 2 1.360 1.670 1.510 1.760 2.980
Capex 1 21 17.9 19.7 13.9 11.6
Capex / Sales 0.93% 0.61% 0.55% 0.35% 0.27%
Announcement Date 4/11/22 4/11/22 4/11/22 4/26/23 4/24/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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