End-of-day quote
Shanghai S.E.
06:00:00 2024-05-12 pm EDT
|
5-day change
|
1st Jan Change
|
13.69
CNY
|
-4.00%
|
|
+2.09%
|
-33.15%
|
Fiscal Period: December |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
4,563
|
14,742
|
8,789
|
6,942
|
4,641
|
-
|
-
|
Enterprise Value (EV)
1 |
4,563
|
14,742
|
8,753
|
6,200
|
3,824
|
2,911
|
4,641
|
P/E ratio
|
58.7
x
|
159
x
|
33.2
x
|
23.5
x
|
11.6
x
|
9.43
x
|
8.35
x
|
Yield
|
-
|
0.24%
|
0.41%
|
0.73%
|
1.25%
|
1.54%
|
0.84%
|
Capitalization / Revenue
|
5.2
x
|
10.5
x
|
3.11
x
|
1.96
x
|
1.12
x
|
0.95
x
|
0.83
x
|
EV / Revenue
|
5.2
x
|
10.5
x
|
3.1
x
|
1.75
x
|
0.92
x
|
0.59
x
|
0.83
x
|
EV / EBITDA
|
50.8
x
|
129
x
|
28
x
|
20.4
x
|
6.87
x
|
4.28
x
|
6.56
x
|
EV / FCF
|
26.9
x
|
-70.9
x
|
-17.8
x
|
80.7
x
|
-13.5
x
|
2.82
x
|
-
|
FCF Yield
|
3.72%
|
-1.41%
|
-5.61%
|
1.24%
|
-7.4%
|
35.4%
|
-
|
Price to Book
|
3.17
x
|
9.71
x
|
4.94
x
|
2.3
x
|
1.43
x
|
1.23
x
|
1.14
x
|
Nbr of stocks (in thousands)
|
299,200
|
299,200
|
300,902
|
338,982
|
339,042
|
-
|
-
|
Reference price
2 |
15.25
|
49.27
|
29.21
|
20.48
|
14.26
|
14.26
|
14.26
|
Announcement Date
|
2/26/21
|
2/25/22
|
2/27/23
|
2/26/24
|
-
|
-
|
-
|
Fiscal Period: December |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
877.9
|
1,400
|
2,822
|
3,543
|
4,157
|
4,905
|
5,560
|
EBITDA
1 |
89.81
|
114.2
|
312.7
|
303.5
|
556.6
|
679.8
|
707.2
|
EBIT
1 |
77.15
|
96.45
|
305.1
|
322.8
|
445.2
|
565.4
|
617.5
|
Operating Margin
|
8.79%
|
6.89%
|
10.81%
|
9.11%
|
10.71%
|
11.53%
|
11.11%
|
Earnings before Tax (EBT)
1 |
77.24
|
97.37
|
304.6
|
323.4
|
451.7
|
573
|
618.7
|
Net income
1 |
66.97
|
92.01
|
266.9
|
290.6
|
401.5
|
511.7
|
579.5
|
Net margin
|
7.63%
|
6.57%
|
9.46%
|
8.2%
|
9.66%
|
10.43%
|
10.42%
|
EPS
2 |
0.2600
|
0.3100
|
0.8800
|
0.8700
|
1.235
|
1.512
|
1.708
|
Free Cash Flow
1 |
169.8
|
-208
|
-491.1
|
76.87
|
-283
|
1,031
|
-
|
FCF margin
|
19.34%
|
-14.86%
|
-17.4%
|
2.17%
|
-6.81%
|
21.02%
|
-
|
FCF Conversion (EBITDA)
|
189.07%
|
-
|
-
|
25.32%
|
-
|
151.67%
|
-
|
FCF Conversion (Net income)
|
253.55%
|
-
|
-
|
26.46%
|
-
|
201.5%
|
-
|
Dividend per Share
2 |
-
|
0.1200
|
0.1200
|
0.1500
|
0.1786
|
0.2196
|
0.1200
|
Announcement Date
|
2/26/21
|
2/25/22
|
2/27/23
|
2/26/24
|
-
|
-
|
-
|
Fiscal Period: December |
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
---|
Net sales
1 |
-
|
-
|
-
|
-
|
928.2
|
766.4
|
934.1
|
854.2
|
988.3
|
728
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
-
|
-
|
-
|
-
|
87.42
|
99.3
|
126.6
|
61.21
|
35.62
|
31.06
|
Operating Margin
|
-
|
-
|
-
|
-
|
9.42%
|
12.96%
|
13.56%
|
7.17%
|
3.6%
|
4.27%
|
Earnings before Tax (EBT)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
60.99
|
-
|
-
|
Net income
|
14.92
|
55.21
|
70.13
|
117.2
|
-
|
-
|
-
|
53.51
|
-
|
-
|
Net margin
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
6.26%
|
-
|
-
|
EPS
2 |
0.0500
|
-
|
-
|
0.4000
|
0.2500
|
0.2700
|
0.3300
|
0.1600
|
0.1100
|
0.0800
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
4/29/22
|
8/29/22
|
8/29/22
|
10/27/22
|
2/27/23
|
4/27/23
|
8/25/23
|
10/27/23
|
2/26/24
|
4/28/24
|
Fiscal Period: December |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
-
|
-
|
36.7
|
743
|
817
|
1,730
|
-
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
170
|
-208
|
-491
|
76.9
|
-283
|
1,031
|
-
|
ROE (net income / shareholders' equity)
|
5.78%
|
6.25%
|
16.1%
|
10.3%
|
12.3%
|
14%
|
13.4%
|
ROA (Net income/ Total Assets)
|
-
|
2.81%
|
5.69%
|
-
|
4.2%
|
6%
|
5%
|
Assets
1 |
-
|
3,276
|
4,688
|
-
|
9,559
|
8,528
|
11,590
|
Book Value Per Share
2 |
4.820
|
5.080
|
5.910
|
8.910
|
9.950
|
11.60
|
12.50
|
Cash Flow per Share
2 |
0.8600
|
-0.0300
|
-0.6600
|
0.7000
|
0.6400
|
1.660
|
1.840
|
Capex
1 |
-
|
198
|
292
|
159
|
144
|
108
|
175
|
Capex / Sales
|
-
|
14.13%
|
10.35%
|
4.5%
|
3.46%
|
2.21%
|
3.15%
|
Announcement Date
|
2/26/21
|
2/25/22
|
2/27/23
|
2/26/24
|
-
|
-
|
-
|
Last Close Price
13.69
CNY Average target price
19.37
CNY Spread / Average Target +41.50% Consensus |
1st Jan change
|
Capi.
|
---|
| -33.15% | 669M | | +7.37% | 13.55B | | +1.16% | 3.07B | | -1.54% | 2.79B | | -13.26% | 1.62B | | -4.31% | 932M | | -39.00% | 836M | | -0.75% | 686M | | +12.10% | 593M | | +2.22% | 572M |
Welding & Soldering Equipment
|