Financials Shenzhen Etmade Automatic Equipment Co., Ltd.

Equities

300812

CNE100003S71

Industrial Machinery & Equipment

End-of-day quote Shenzhen S.E. 06:00:00 2024-05-16 pm EDT 5-day change 1st Jan Change
23.08 CNY +3.64% Intraday chart for Shenzhen Etmade Automatic Equipment Co., Ltd. +2.35% -44.51%

Valuation

Fiscal Period: December 2020 2021 2022 2023
Capitalization 1 2,965 3,016 2,673 5,833
Enterprise Value (EV) 1 2,526 2,667 2,418 5,833
P/E ratio 50.3 x 43.2 x 59.8 x 277 x
Yield 0.39% 0.46% - -
Capitalization / Revenue 6.89 x 6.23 x 4.08 x 10.8 x
EV / Revenue 5.87 x 5.51 x 3.69 x 10.8 x
EV / EBITDA 42 x 38.3 x 58.7 x 185 x
EV / FCF -16.8 x -28.3 x -22.7 x -
FCF Yield -5.94% -3.53% -4.4% -
Price to Book 3.88 x 3.64 x 3.1 x -
Nbr of stocks (in thousands) 139,521 139,521 139,821 140,257
Reference price 2 21.25 21.62 19.12 41.59
Announcement Date 4/22/21 4/24/22 4/26/23 4/26/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 431.5 489 430.3 483.9 655.3 540.7
EBITDA 1 95.63 104.4 60.08 69.65 41.2 31.57
EBIT 1 88.15 99.94 52.84 61.76 27.74 13.56
Operating Margin 20.43% 20.44% 12.28% 12.76% 4.23% 2.51%
Earnings before Tax (EBT) 1 88.51 108.3 66.97 74.33 36.27 1.398
Net income 1 73.33 92.62 58.96 70.12 44.29 21.66
Net margin 16.99% 18.94% 13.7% 14.49% 6.76% 4.01%
EPS 2 0.7000 0.8833 0.4222 0.5000 0.3200 0.1500
Free Cash Flow 1 35.35 52.42 -150.1 -94.25 -106.3 -
FCF margin 8.19% 10.72% -34.89% -19.48% -16.23% -
FCF Conversion (EBITDA) 36.97% 50.2% - - - -
FCF Conversion (Net income) 48.21% 56.6% - - - -
Dividend per Share - 0.2778 0.0833 0.1000 - -
Announcement Date 4/12/19 4/22/20 4/22/21 4/24/22 4/26/23 4/26/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 168 633 439 349 255 -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 35.4 52.4 -150 -94.2 -106 -
ROE (net income / shareholders' equity) 33.6% 18.4% 7.59% 8.67% 5.06% -
ROA (Net income/ Total Assets) 10.2% 7.03% 2.72% 2.8% 1.14% -
Assets 1 718.4 1,317 2,169 2,503 3,896 -
Book Value Per Share 2 2.510 5.290 5.480 5.940 6.170 -
Cash Flow per Share 2 1.630 4.570 3.220 2.740 1.990 -
Capex 1 22.7 3.8 113 67.1 57.8 38.4
Capex / Sales 5.27% 0.78% 26.22% 13.86% 8.82% 7.11%
Announcement Date 4/12/19 4/22/20 4/22/21 4/24/22 4/26/23 4/26/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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