Financials Forehope Electronic (Ningbo) Co., Ltd.

Equities

688362

CNE100005V33

Semiconductors

End-of-day quote Shanghai S.E. 06:00:00 2024-05-19 pm EDT 5-day change 1st Jan Change
20.36 CNY -1.78% Intraday chart for Forehope Electronic (Ningbo) Co., Ltd. +0.54% -22.26%

Valuation

Fiscal Period: December 2022 2023 2024 2025 2026
Capitalization 1 8,883 10,677 8,300 - -
Enterprise Value (EV) 1 8,883 10,677 8,300 8,300 8,300
P/E ratio 55.9 x -114 x 32.1 x 19.1 x -
Yield - - 0.74% 1.52% -
Capitalization / Revenue 4.08 x 4.47 x 2.57 x 2.1 x -
EV / Revenue 4.08 x 4.47 x 2.57 x 2.1 x -
EV / EBITDA 15.1 x 31.1 x 7.5 x 5.93 x -
EV / FCF - -5.01 x -216 x -191 x 42.1 x
FCF Yield - -20% -0.46% -0.52% 2.37%
Price to Book 3.48 x 4.36 x 2.88 x 2.54 x -
Nbr of stocks (in thousands) 407,660 407,660 407,660 - -
Reference price 2 21.79 26.19 20.36 20.36 20.36
Announcement Date 2/27/23 2/24/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Net sales 1 2,055 2,177 2,391 3,235 3,956 -
EBITDA 1 - 590 343.7 1,107 1,399 -
EBIT 1 - 155.9 -167.2 276.3 459.3 -
Operating Margin - 7.16% -6.99% 8.54% 11.61% -
Earnings before Tax (EBT) 1 - 137.3 -167.8 269.3 452 -
Net income 1 322.1 138.1 -93.39 257.3 435 -
Net margin 15.68% 6.35% -3.91% 7.95% 10.99% -
EPS 2 - 0.3900 -0.2300 0.6333 1.067 -
Free Cash Flow 1 - - -2,131 -38.44 -43.45 197.1
FCF margin - - -89.14% -1.19% -1.1% -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 - - - 0.1500 0.3100 -
Announcement Date 10/27/22 2/27/23 2/24/24 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Net Debt - - - - - -
Net Cash position - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 - - -2,131 -38.4 -43.5 197
ROE (net income / shareholders' equity) - 9% -3.75% 8.88% 13.3% -
ROA (Net income/ Total Assets) - - - 2.48% 4.03% -
Assets 1 - - - 10,376 10,794 -
Book Value Per Share 2 - 6.260 6.010 7.070 8.020 -
Cash Flow per Share 2 - 2.210 2.630 3.440 4.250 -
Capex 1 - - 3,203 813 994 969
Capex / Sales - - 133.96% 25.12% 25.11% -
Announcement Date 10/27/22 2/27/23 2/24/24 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
20.36 CNY
Average target price
44 CNY
Spread / Average Target
+116.11%
Consensus

Annual profits - Rate of surprise

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