Financials Ling Yun Industrial Corporation Limited

Equities

600480

CNE000001FN6

Auto, Truck & Motorcycle Parts

End-of-day quote Shanghai S.E. 06:00:00 2024-06-04 pm EDT 5-day change 1st Jan Change
10.7 CNY -2.19% Intraday chart for Ling Yun Industrial Corporation Limited -2.55% +17.45%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 4,212 6,643 7,566 7,803 8,569 10,063 - -
Enterprise Value (EV) 1 4,212 6,643 7,566 7,803 8,569 10,063 10,063 10,063
P/E ratio -54.9 x 66.8 x 27.5 x 21.8 x 13.2 x 13.4 x 11.9 x 10.6 x
Yield - - - 1.29% 2.74% 2.43% 2.52% 2.62%
Capitalization / Revenue 0.36 x 0.49 x - 0.47 x 0.46 x 0.5 x 0.45 x 0.42 x
EV / Revenue 0.36 x 0.49 x - 0.47 x 0.46 x 0.5 x 0.45 x 0.42 x
EV / EBITDA - - - 4.89 x 4.51 x 8.66 x 7.73 x 6.91 x
EV / FCF - - - 10,679,351 x - - - -
FCF Yield - - - 0% - - - -
Price to Book - - - 1.21 x 1.22 x 1.29 x 1.16 x 1.08 x
Nbr of stocks (in thousands) 767,873 765,340 763,462 916,965 940,606 940,508 - -
Reference price 2 5.486 8.680 9.910 8.510 9.110 10.70 10.70 10.70
Announcement Date 4/28/20 4/26/21 3/8/22 4/24/23 4/29/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 11,779 13,540 - 16,689 18,702 20,325 22,147 24,195
EBITDA 1 - - - 1,596 1,900 1,162 1,302 1,456
EBIT 1 - 502.8 - 719.3 965.2 1,159 1,298 1,453
Operating Margin - 3.71% - 4.31% 5.16% 5.7% 5.86% 6.01%
Earnings before Tax (EBT) 1 - 501.3 - 723.1 958.3 1,159 1,298 1,453
Net income 1 - 101 274.1 338.8 631.6 756 847 948
Net margin - 0.75% - 2.03% 3.38% 3.72% 3.82% 3.92%
EPS 2 -0.1000 0.1300 0.3600 0.3900 0.6900 0.8000 0.9000 1.010
Free Cash Flow - - - 730.7 - - - -
FCF margin - - - 4.38% - - - -
FCF Conversion (EBITDA) - - - 45.79% - - - -
FCF Conversion (Net income) - - - 215.67% - - - -
Dividend per Share 2 - - - 0.1100 0.2500 0.2600 0.2700 0.2800
Announcement Date 4/28/20 4/26/21 3/8/22 4/24/23 4/29/24 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - 731 - - - -
ROE (net income / shareholders' equity) - 2.16% - 5.66% 9.38% 9.7% 9.8% 10.2%
ROA (Net income/ Total Assets) - 0.67% - - - 3.7% 3.8% 4%
Assets 1 - 15,116 - - - 20,432 22,289 23,700
Book Value Per Share 2 - - - 7.040 7.450 8.290 9.190 9.920
Cash Flow per Share 2 - 0.8600 - 1.520 1.440 0.8500 0.8900 1.000
Capex 1 - 617 - 662 754 - - -
Capex / Sales - 4.55% - 3.97% 4.03% - - -
Announcement Date 4/28/20 4/26/21 3/8/22 4/24/23 4/29/24 - - -
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
OUTPERFORM
Number of Analysts
1
Last Close Price
10.7
Average target price
-
Consensus

Annual profits - Rate of surprise

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