Financials China Wafer Level CSP Co., Ltd.

Equities

603005

CNE100001SM0

Semiconductor Equipment & Testing

End-of-day quote Shanghai S.E. 06:00:00 2024-05-05 pm EDT 5-day change 1st Jan Change
17.92 CNY +1.19% Intraday chart for China Wafer Level CSP Co., Ltd. +5.35% -18.40%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024
Capitalization 1 9,045 20,695 22,441 12,096 14,306 11,695
Enterprise Value (EV) 1 8,186 18,507 22,441 9,919 14,306 11,695
P/E ratio 83.8 x 54.1 x 39.1 x 53 x 95.5 x 38.1 x
Yield 0.25% 0.37% 0.51% 0.38% 0.21% 1.06%
Capitalization / Revenue 16.1 x 18.8 x 15.9 x 10.9 x 15.7 x 8.91 x
EV / Revenue 16.1 x 18.8 x 15.9 x 10.9 x 15.7 x 8.91 x
EV / EBITDA 38.3 x 36.9 x 28.7 x 28.8 x 42.8 x 27.1 x
EV / FCF 117,371,857 x 57,524,237 x - 45,341,538 x - -
FCF Yield 0% 0% - 0% - -
Price to Book 4.56 x 6.15 x 5.84 x 3.04 x 3.51 x 2.65 x
Nbr of stocks (in thousands) 617,378 617,378 651,772 652,060 651,463 652,601
Reference price 2 14.65 33.52 34.43 18.55 21.96 17.92
Announcement Date 3/22/20 3/26/21 4/8/22 4/24/23 4/19/24 -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024
Net sales 1 560.4 1,104 1,411 1,106 913.3 1,312
EBITDA 1 235.9 560.3 783 419.6 334.3 432
EBIT 1 112.5 432.9 639.1 258 161 321
Operating Margin 20.07% 39.23% 45.29% 23.33% 17.63% 24.47%
Earnings before Tax (EBT) 1 112.4 432.8 638.8 241.6 160.8 321
Net income 1 108.3 381.6 576 227.9 150.1 304
Net margin 19.33% 34.58% 40.82% 20.6% 16.43% 23.17%
EPS 2 0.1748 0.6198 0.8812 0.3500 0.2300 0.4700
Free Cash Flow 77.06 359.8 - 266.8 - -
FCF margin 13.75% 32.6% - 24.12% - -
FCF Conversion (EBITDA) 32.67% 64.21% - 63.57% - -
FCF Conversion (Net income) 71.15% 94.27% - 117.08% - -
Dividend per Share 2 0.0372 0.1224 0.1769 0.0700 0.0460 0.1900
Announcement Date 3/22/20 3/26/21 4/8/22 4/24/23 4/19/24 -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2019 S2 2020 S1 2020 S2 2021 S1 2023 S1 2023 S2
Net sales 1 359.9 455 648.5 694.4 - 431.5
EBITDA - - - - - -
EBIT 1 87.21 175.8 257.1 308.7 - 66.91
Operating Margin 24.23% 38.64% 39.64% 44.45% - 15.51%
Earnings before Tax (EBT) 1 87.16 175.7 257 308.7 - 66.71
Net income 1 86.75 156.1 225.6 267.9 76.61 73.48
Net margin 24.1% 34.3% 34.78% 38.58% - 17.03%
EPS 2 0.1414 0.2552 0.3646 0.4125 0.1200 0.1100
Dividend per Share - - - - - -
Announcement Date 3/22/20 8/7/20 3/26/21 8/27/21 8/25/23 4/19/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024
Net Debt - - - - - -
Net Cash position 859 2,188 - 2,176 - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 77.1 360 - 267 - -
ROE (net income / shareholders' equity) 5.61% 17.6% 15.9% 5.85% 3.72% 7.1%
ROA (Net income/ Total Assets) - - 14.1% 5.04% - 6.2%
Assets 1 - - 4,098 4,525 - 4,903
Book Value Per Share 2 3.220 5.450 5.900 6.100 6.270 6.760
Cash Flow per Share 2 - - 0.9400 0.6000 0.4700 0.6500
Capex 1 56.5 124 365 125 211 126
Capex / Sales 10.08% 11.25% 25.84% 11.3% 23.07% 9.6%
Announcement Date 3/22/20 3/26/21 4/8/22 4/24/23 4/19/24 -
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

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
17.92 CNY
Average target price
21 CNY
Spread / Average Target
+17.19%
Consensus
  1. Stock Market
  2. Equities
  3. 603005 Stock
  4. Financials China Wafer Level CSP Co., Ltd.
-40% Limited Time Offer: Our subscriptions help you unlock hidden opportunities.
SIGN UP NOW