CHAOZHOU THREE-CIRCLE (GROUP) CO.,LTD. Financials Chaozhou Three-Circle (Group) Co.,Ltd.
Equities
300408
CNE100001Y42
Electronic Equipment & Parts
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 27.73 CNY | +0.58% |
|
-1.14% | -5.84% |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 38,838 | 67,680 | 85,476 | 58,856 | 56,441 | 53,144 | - | - |
| Enterprise Value (EV) 1 | 38,838 | 67,680 | 79,973 | 54,532 | 54,345 | 47,813 | 47,507 | 53,144 |
| P/E ratio | 44.6 x | 45.4 x | 40.5 x | 38.9 x | 35.9 x | 26.5 x | 19.9 x | 17.6 x |
| Yield | 0.9% | 0.67% | 0.72% | 0.81% | 0.95% | 1.19% | 1.53% | - |
| Capitalization / Revenue | 14.2 x | 16.9 x | 13.7 x | 11.4 x | 9.86 x | 7.37 x | 5.95 x | 5.08 x |
| EV / Revenue | 14.2 x | 16.9 x | 12.9 x | 10.6 x | 9.49 x | 6.63 x | 5.32 x | 5.08 x |
| EV / EBITDA | 30.4 x | 34.8 x | 29.9 x | 24.8 x | 22.8 x | 16.9 x | 13.2 x | - |
| EV / FCF | - | - | -106,438,661 x | - | - | - | - | - |
| FCF Yield | - | - | -0% | - | - | - | - | - |
| Price to Book | 5.17 x | 6.26 x | 5.28 x | 3.44 x | 3.1 x | 2.69 x | 2.43 x | 2.19 x |
| Nbr of stocks (in thousands) | 1,743,163 | 1,816,906 | 1,916,497 | 1,916,497 | 1,916,497 | 1,916,497 | - | - |
| Reference price 2 | 22.28 | 37.25 | 44.60 | 30.71 | 29.45 | 27.73 | 27.73 | 27.73 |
| Announcement Date | 2/27/20 | 3/24/21 | 4/24/22 | 4/23/23 | 4/27/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,726 | 3,994 | 6,218 | 5,149 | 5,727 | 7,211 | 8,928 | 10,470 |
| EBITDA 1 | 1,277 | 1,947 | 2,674 | 2,195 | 2,380 | 2,828 | 3,586 | - |
| EBIT 1 | 1,011 | 1,668 | 2,295 | 1,661 | 1,778 | 2,274 | 3,025 | 3,416 |
| Operating Margin | 37.09% | 41.76% | 36.9% | 32.26% | 31.04% | 31.53% | 33.88% | 32.62% |
| Earnings before Tax (EBT) 1 | 1,017 | 1,679 | 2,304 | 1,666 | 1,783 | 2,294 | 3,014 | 3,426 |
| Net income 1 | 871.3 | 1,440 | 2,011 | 1,505 | 1,581 | 1,971 | 2,627 | 3,022 |
| Net margin | 31.96% | 36.04% | 32.34% | 29.22% | 27.61% | 27.33% | 29.42% | 28.86% |
| EPS 2 | 0.5000 | 0.8200 | 1.100 | 0.7900 | 0.8200 | 1.048 | 1.397 | 1.580 |
| Free Cash Flow | - | - | -751.4 | - | - | - | - | - |
| FCF margin | - | - | -12.08% | - | - | - | - | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - | - |
| Dividend per Share 2 | 0.2000 | 0.2500 | 0.3200 | 0.2500 | 0.2800 | 0.3298 | 0.4249 | - |
| Announcement Date | 2/27/20 | 3/24/21 | 4/24/22 | 4/23/23 | 4/27/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2020 S1 | 2020 S2 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales | 1,649 | 2,345 | 1,632 | 1,402 | 1,492 | 1,060 | 1,196 | 1,189 | 1,440 | 1,477 | 1,621 | - | - | - | - |
| EBITDA | - | - | 224.6 | 582.6 | 496.3 | 334.6 | 781.4 | - | - | - | - | - | - | - | - |
| EBIT | - | 1,008 | 301.8 | 571.9 | 505.3 | 350.5 | 233.8 | 373 | 447.9 | 464.8 | 491.9 | - | - | - | - |
| Operating Margin | - | 42.98% | 18.49% | 40.8% | 33.86% | 33.06% | 19.55% | 31.37% | 31.1% | 31.48% | 30.35% | - | - | - | - |
| Earnings before Tax (EBT) | - | 1,013 | - | - | - | - | - | 374.5 | 459.8 | 466.1 | 482.4 | - | - | - | - |
| Net income | 556.1 | 883.5 | - | - | - | - | - | 320 | 411.2 | 410.9 | 438.9 | - | - | - | - |
| Net margin | 33.72% | 37.68% | - | - | - | - | - | 26.91% | 28.55% | 27.83% | 27.08% | - | - | - | - |
| EPS | - | 0.5000 | 0.1600 | 0.2600 | 0.2300 | 0.1600 | 0.1400 | 0.1700 | 0.2100 | 0.2200 | 0.2200 | - | - | - | - |
| Dividend per Share 1 | - | - | 0.3200 | - | - | - | 0.2500 | - | - | - | - | - | - | - | 0.3338 |
| Announcement Date | 8/27/20 | 3/24/21 | 4/24/22 | 4/28/22 | 8/29/22 | 10/26/22 | 4/23/23 | 4/27/23 | 8/29/23 | 10/25/23 | 4/27/24 | - | - | - | - |
1CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | - | - | 5,502 | 4,324 | 2,096 | 5,331 | 5,637 | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | -751 | - | - | - | - | - |
| ROE (net income / shareholders' equity) | 11.8% | 17.1% | 16.9% | 9.04% | 8.95% | 10.1% | 12.3% | 12.5% |
| ROA (Net income/ Total Assets) | 10.2% | 13.8% | 13% | - | - | 9.25% | 10.9% | - |
| Assets 1 | 8,529 | 10,451 | 15,484 | - | - | 21,316 | 24,194 | - |
| Book Value Per Share 2 | 4.310 | 5.950 | 8.450 | 8.920 | 9.510 | 10.30 | 11.40 | 12.60 |
| Cash Flow per Share 2 | 0.9800 | 0.6500 | 0.6000 | 1.080 | 0.9000 | 1.210 | 1.320 | 1.390 |
| Capex 1 | 579 | 1,147 | 1,906 | 1,063 | 532 | 903 | 1,102 | 902 |
| Capex / Sales | 21.22% | 28.72% | 30.65% | 20.65% | 9.28% | 12.52% | 12.34% | 8.61% |
| Announcement Date | 2/27/20 | 3/24/21 | 4/24/22 | 4/23/23 | 4/27/24 | - | - | - |
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
D
Sell
Buy
Mean consensus
BUY
Number of Analysts
8
Last Close Price
27.73
CNY
Average target price
33.9
CNY
Spread / Average Target
+22.25%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -5.84% | 7.32B | |
| +33.15% | 79.11B | |
| +62.68% | 73.92B | |
| -4.44% | 34.26B | |
| -8.16% | 31.58B | |
| -9.99% | 13.91B | |
| -4.82% | 10.62B | |
| +11.74% | 10.05B | |
| -7.65% | 9.78B | |
| +34.92% | 8.89B |
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- Financials Chaozhou Three-Circle (Group) Co.,Ltd.