Financials Hangzhou Electronic Soul Network Technology Co., Ltd.

Equities

End-of-day quote Shanghai S.E. Other stock markets 06:00:00 2024-05-09 pm EDT			5-day change	1st Jan Change
18.51 ^CNY	-1.28%		-0.16%	-19.45%

Apr. 26	Hangzhou Electronic Soul Network Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
Apr. 08	Hangzhou Fengshen Network Technology Co., Ltd. announced that it expects to receive CNY 80 million in funding from Hangzhou Electronic Soul Network Technology Co., Ltd.	CI

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	5,733	7,804	7,278	5,285	5,530	4,451	-	-
Enterprise Value (EV) ¹	5,733	7,804	7,278	5,285	5,530	4,451	4,451	4,451
P/E ratio	24.7 x	19.3 x	21.4 x	26.3 x	99.9 x	22.6 x	16.8 x	14.2 x
Yield	-	0.51%	-	3.77%	-	6.65%	7.73%	8.81%
Capitalization / Revenue	8.23 x	7.62 x	7.31 x	6.68 x	8.17 x	5.04 x	4.36 x	3.92 x
EV / Revenue	8.23 x	7.62 x	7.31 x	6.68 x	8.17 x	5.04 x	4.36 x	3.92 x
EV / EBITDA	-	16.8 x	16.7 x	21.5 x	46.7 x	13.8 x	10.8 x	9.41 x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Price to Book	-	3.52 x	2.96 x	2.23 x	2.48 x	1.93 x	1.86 x	1.77 x
Nbr of stocks (in thousands)	244,181	247,993	242,612	241,658	240,642	240,470	-	-
Reference price ²	23.48	31.47	30.00	21.87	22.98	18.51	18.51	18.51
Announcement Date	4/19/20	4/15/21	3/30/22	3/30/23	3/28/24	-	-	-

¹CNY in Million²CNY

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	696.7	1,024	996.3	790.6	677.1	883	1,022	1,134
EBITDA ¹	-	465.8	437	246.3	118.5	323	412	473
EBIT ¹	-	445.8	407.3	225.5	82.78	248	326.5	390.5
Operating Margin	-	43.54%	40.89%	28.53%	12.23%	28.09%	31.96%	34.42%
Earnings before Tax (EBT) ¹	-	454.2	402.4	225.9	82.41	247	329	391.5
Net income ¹	-	394.8	338.8	201	56.84	201	268.5	320
Net margin	-	38.56%	34.01%	25.43%	8.39%	22.76%	26.28%	28.21%
EPS ²	0.9500	1.630	1.400	0.8300	0.2300	0.8200	1.100	1.305
Free Cash Flow	-	-	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-	-	-
Dividend per Share ²	-	0.1600	-	0.8250	-	1.230	1.430	1.630
Announcement Date	4/19/20	4/15/21	3/30/22	3/30/23	3/28/24	-	-	-

¹CNY in Million²CNY

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow	-	-	-	-	-	-	-	-
ROE (net income / shareholders' equity)	-	19.1%	14.6%	8.07%	2.46%	8.73%	11.3%	13%
ROA (Net income/ Total Assets)	-	14.3%	11.1%	6.71%	-	9.5%	11%	12.1%
Assets ¹	-	2,763	3,055	2,994	-	2,116	2,441	2,645
Book Value Per Share ²	-	8.950	10.10	9.790	9.280	9.570	9.960	10.50
Cash Flow per Share ²	-	2.260	1.310	0.5700	0.8900	1.760	1.740	1.500
Capex ¹	-	83.3	74.8	89.1	-	50	49	48
Capex / Sales	-	8.13%	7.51%	11.27%	-	5.66%	4.8%	4.23%
Announcement Date	4/19/20	4/15/21	3/30/22	3/30/23	3/28/24	-	-	-

¹CNY in Million²CNY

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

18.51 CNY

Average target price

24.2 CNY

Spread / Average Target

+30.74%

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