DARK HORSE TECHNOLOGY GROUP CO., LTD. Financials Dark Horse Technology Group Co., Ltd.
Equities
300688
CNE1000034H4
Business Support Services
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 22.65 CNY | -0.22% |
|
-0.48% | -21.11% |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 2,713 | 2,174 | 2,005 | 3,568 | 2,799 | 4,805 |
| Enterprise Value (EV) 1 | 2,374 | 1,865 | 1,711 | 3,088 | 2,337 | 4,418 |
| P/E ratio | 200 x | 134 x | 263 x | 297 x | -33.4 x | 479 x |
| Yield | 0.25% | 0.37% | 0.48% | 0.18% | - | 0.02% |
| Capitalization / Revenue | 8.1 x | 10.2 x | 12.3 x | 10.5 x | 8.06 x | 17.7 x |
| EV / Revenue | 7.09 x | 8.77 x | 10.5 x | 9.09 x | 6.73 x | 16.3 x |
| EV / EBITDA | -163 x | 135 x | 123 x | -107 x | -26.8 x | -233 x |
| EV / FCF | -57.9 x | 8.62 x | 85.2 x | 126 x | 36.9 x | -77.1 x |
| FCF Yield | -1.73% | 11.6% | 1.17% | 0.79% | 2.71% | -1.3% |
| Price to Book | 7.09 x | 5.78 x | 5.34 x | 6 x | 4.92 x | 8.82 x |
| Nbr of stocks (in thousands) | 142,800 | 142,800 | 142,800 | 163,813 | 167,379 | 167,379 |
| Reference price 2 | 19.00 | 15.23 | 14.04 | 21.78 | 16.72 | 28.71 |
| Announcement Date | 4/25/19 | 4/27/20 | 4/26/21 | 3/16/22 | 4/19/23 | 4/21/24 |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 335 | 212.8 | 163.5 | 339.9 | 347.1 | 271 |
| EBITDA 1 | -14.53 | 13.86 | 13.93 | -28.97 | -87.28 | -19 |
| EBIT 1 | -16.2 | 11.89 | 12.03 | -30.46 | -88.72 | -20.12 |
| Operating Margin | -4.84% | 5.59% | 7.36% | -8.96% | -25.56% | -7.42% |
| Earnings before Tax (EBT) 1 | 7.504 | 15.69 | 9.616 | -4.557 | -111 | 10.86 |
| Net income 1 | 13.44 | 16.34 | 7.329 | 11.43 | -83.53 | 9.664 |
| Net margin | 4.01% | 7.68% | 4.48% | 3.36% | -24.06% | 3.57% |
| EPS 2 | 0.0952 | 0.1133 | 0.0533 | 0.0733 | -0.5000 | 0.0600 |
| Free Cash Flow 1 | -41 | 216.5 | 20.07 | 24.48 | 63.26 | -57.27 |
| FCF margin | -12.24% | 101.76% | 12.28% | 7.2% | 18.22% | -21.13% |
| FCF Conversion (EBITDA) | - | 1,562.02% | 144.11% | - | - | - |
| FCF Conversion (Net income) | - | 1,324.85% | 273.91% | 214.26% | - | - |
| Dividend per Share 2 | 0.0476 | 0.0567 | 0.0667 | 0.0400 | - | 0.005000 |
| Announcement Date | 4/25/19 | 4/27/20 | 4/26/21 | 3/16/22 | 4/19/23 | 4/21/24 |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - |
| Net Cash position 1 | 339 | 309 | 294 | 480 | 462 | 387 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - |
| Free Cash Flow 1 | -41 | 217 | 20.1 | 24.5 | 63.3 | -57.3 |
| ROE (net income / shareholders' equity) | 1.14% | 3.43% | 1.65% | -2.34% | -19.4% | 3.25% |
| ROA (Net income/ Total Assets) | -2.18% | 1.59% | 1.59% | -3.05% | -7.08% | -1.61% |
| Assets 1 | -616.8 | 1,028 | 461.8 | -374.2 | 1,180 | -601.3 |
| Book Value Per Share 2 | 2.680 | 2.630 | 2.630 | 3.630 | 3.400 | 3.250 |
| Cash Flow per Share 2 | 1.040 | 1.650 | 2.060 | 3.020 | 2.650 | 2.430 |
| Capex 1 | 9.94 | 12.6 | 5.64 | 25.5 | 26.4 | 19.9 |
| Capex / Sales | 2.97% | 5.93% | 3.45% | 7.51% | 7.6% | 7.33% |
| Announcement Date | 4/25/19 | 4/27/20 | 4/26/21 | 3/16/22 | 4/19/23 | 4/21/24 |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -21.11% | 526M | |
| +10.68% | 7.66B | |
| +14.01% | 2.87B | |
| -1.85% | 1.56B | |
| -8.42% | 1.11B | |
| +23.15% | 869M | |
| -5.93% | 731M | |
| -3.89% | 603M | |
| -14.32% | 518M | |
| -14.92% | 481M |
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- Financials Dark Horse Technology Group Co., Ltd.