Financials Opple Lighting Co.,LTD

Equities

603515

CNE100002FW4

Construction Supplies & Fixtures

End-of-day quote Shanghai S.E. 06:00:00 2024-05-08 pm EDT 5-day change 1st Jan Change
19.47 CNY +2.42% Intraday chart for Opple Lighting Co.,LTD +6.98% +12.03%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 21,253 22,799 15,657 11,441 12,710 14,330 - -
Enterprise Value (EV) 1 21,227 22,827 15,636 10,117 8,317 9,733 9,601 9,471
P/E ratio 23.8 x 28.5 x 17.3 x 14.9 x 13.9 x 14 x 12.4 x 11.5 x
Yield 1.78% 1.66% 2.41% 3.23% 4.89% 4.73% 4.55% 5.03%
Capitalization / Revenue 2.54 x 2.86 x 1.77 x 1.57 x 1.63 x 1.67 x 1.52 x 1.4 x
EV / Revenue 2.54 x 2.86 x 1.77 x 1.39 x 1.07 x 1.14 x 1.02 x 0.92 x
EV / EBITDA 17.5 x 20.8 x 13.4 x 9.96 x 6.9 x 8.19 x 7.25 x 6.27 x
EV / FCF 22,484,728 x - - - - - - -
FCF Yield 0% - - - - - - -
Price to Book 4.24 x 4.34 x 2.71 x 1.93 x 1.95 x 2.08 x 1.89 x 1.77 x
Nbr of stocks (in thousands) 756,064 754,696 754,211 739,069 731,284 735,997 - -
Reference price 2 28.11 30.21 20.76 15.48 17.38 19.47 19.47 19.47
Announcement Date 4/24/20 4/23/21 4/26/22 4/26/23 4/26/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 8,355 7,970 8,847 7,270 7,795 8,565 9,402 10,256
EBITDA 1 1,215 1,098 1,164 1,016 1,206 1,188 1,324 1,512
EBIT 1 1,021 919.6 1,022 873.3 1,060 1,201 1,372 1,527
Operating Margin 12.22% 11.54% 11.55% 12.01% 13.6% 14.02% 14.59% 14.89%
Earnings before Tax (EBT) 1 1,038 940.2 1,051 886.3 1,082 1,198 1,356 1,469
Net income 1 890.3 800 907.5 784.1 924.1 1,035 1,169 1,266
Net margin 10.66% 10.04% 10.26% 10.79% 11.85% 12.09% 12.44% 12.35%
EPS 2 1.180 1.060 1.200 1.040 1.250 1.390 1.570 1.700
Free Cash Flow 944.1 - - - - - - -
FCF margin 11.3% - - - - - - -
FCF Conversion (EBITDA) 77.73% - - - - - - -
FCF Conversion (Net income) 106.04% - - - - - - -
Dividend per Share 2 0.5000 0.5000 0.5000 0.5000 0.8500 0.9200 0.8867 0.9800
Announcement Date 4/24/20 4/23/21 4/26/22 4/26/23 4/26/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 3,009 2,688 1,455 1,903 1,847 2,064 1,503 2,041 1,970 2,281 1,583 2,161 2,143 2,423
EBITDA - - - - - - - - - - - - - -
EBIT - - 70.6 266.3 256.3 280.1 124.2 356.6 319.6 259.7 142.5 - - -
Operating Margin - - 4.85% 13.99% 13.88% 13.57% 8.27% 17.47% 16.22% 11.39% 9% - - -
Earnings before Tax (EBT) - - - - - - - - - - - - - -
Net income 249.7 283.8 66.25 - 216.2 - - - - - 120.9 - - -
Net margin 8.3% 10.56% 4.55% - 11.7% - - - - - 7.64% - - -
EPS 2 - 0.3700 0.0900 0.2900 0.2900 0.3700 0.1300 0.3900 0.3500 0.3800 0.1600 0.4100 0.3500 0.3700
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 8/26/20 4/26/22 4/26/22 8/26/22 10/28/22 4/26/23 4/26/23 8/29/23 10/27/23 4/26/24 4/26/24 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - 27.6 - - - - - -
Net Cash position 1 25.6 - 21.1 1,324 4,392 4,597 4,729 4,858
Leverage (Debt/EBITDA) - 0.0252 x - - - - - -
Free Cash Flow 944 - - - - - - -
ROE (net income / shareholders' equity) 19% 15.7% 16.6% 13.2% 14.6% 15.1% 15.6% 16.3%
ROA (Net income/ Total Assets) 11.5% 9.6% 10.3% 8.82% - 10.1% 10.5% -
Assets 1 7,720 8,334 8,819 8,886 - 10,252 11,136 -
Book Value Per Share 2 6.630 6.960 7.670 8.040 8.910 9.370 10.30 11.00
Cash Flow per Share 2 1.470 1.370 0.9100 0.5800 2.230 1.910 1.610 1.870
Capex 1 169 277 249 329 349 167 193 193
Capex / Sales 2.03% 3.47% 2.82% 4.52% 4.47% 1.95% 2.05% 1.88%
Announcement Date 4/24/20 4/23/21 4/26/22 4/26/23 4/26/24 - - -
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
C
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
7
Last Close Price
19.47 CNY
Average target price
22.39 CNY
Spread / Average Target
+15.00%
Consensus
  1. Stock Market
  2. Equities
  3. 603515 Stock
  4. Financials Opple Lighting Co.,LTD
-40% Limited Time Offer: Our subscriptions help you unlock hidden opportunities.
SIGN UP NOW