Financials Shenzhen Yanmade Technology Inc.

Equities

688312

CNE100003ZT6

Electrical Components & Equipment

End-of-day quote Shanghai S.E. 06:00:00 2024-05-21 pm EDT 5-day change 1st Jan Change
19.28 CNY +4.95% Intraday chart for Shenzhen Yanmade Technology Inc. +18.72% -6.63%

Valuation

Fiscal Period: December 2020 2021 2022 2023
Capitalization 1 3,888 3,890 2,247 2,929
Enterprise Value (EV) 1 2,904 2,834 1,238 2,104
P/E ratio 33.5 x 31.8 x 27.2 x 43 x
Yield 1.85% 2.22% 1.29% 1.94%
Capitalization / Revenue 11.1 x 9.1 x 7.07 x 8.96 x
EV / Revenue 8.29 x 6.63 x 3.89 x 6.44 x
EV / EBITDA 27.3 x 25.8 x 34.4 x 57.7 x
EV / FCF -78.8 x 40.6 x 67.7 x -13.2 x
FCF Yield -1.27% 2.46% 1.48% -7.57%
Price to Book 3.22 x 2.95 x 1.68 x 2.2 x
Nbr of stocks (in thousands) 143,479 144,092 144,849 141,827
Reference price 2 27.10 27.00 15.51 20.65
Announcement Date 4/12/21 4/18/22 4/28/23 4/24/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 243.9 270.8 350.4 427.6 317.9 326.9
EBITDA 1 55.99 91.74 106.4 109.7 35.99 36.47
EBIT 1 54.67 89.22 104.2 106.6 31.75 31.53
Operating Margin 22.42% 32.94% 29.74% 24.94% 9.99% 9.65%
Earnings before Tax (EBT) 1 76.6 101.7 114.4 133.4 83.87 67.03
Net income 1 66.16 91.25 102.3 122.4 81.6 68.56
Net margin 27.13% 33.69% 29.19% 28.63% 25.67% 20.97%
EPS 2 0.6100 0.8500 0.8100 0.8500 0.5700 0.4800
Free Cash Flow 1 23.79 100.3 -36.88 69.74 18.29 -159.2
FCF margin 9.75% 37.04% -10.53% 16.31% 5.75% -48.7%
FCF Conversion (EBITDA) 42.49% 109.36% - 63.55% 50.83% -
FCF Conversion (Net income) 35.96% 109.95% - 56.98% 22.42% -
Dividend per Share - - 0.5000 0.6000 0.2000 0.4000
Announcement Date 4/7/20 6/1/20 4/12/21 4/18/22 4/28/23 4/24/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 257 382 984 1,056 1,009 825
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 23.8 100 -36.9 69.7 18.3 -159
ROE (net income / shareholders' equity) 16.9% 19.6% 11.9% 9.52% 5.99% 5.04%
ROA (Net income/ Total Assets) 7.74% 10.9% 7.13% 4.99% 1.38% 1.32%
Assets 1 854.6 836.3 1,434 2,451 5,933 5,206
Book Value Per Share 2 3.960 4.700 8.410 9.150 9.230 9.380
Cash Flow per Share 2 1.110 2.630 2.890 3.740 4.420 3.900
Capex 1 9.61 3.61 16.5 41 93.7 150
Capex / Sales 3.94% 1.33% 4.71% 9.59% 29.47% 46%
Announcement Date 4/7/20 6/1/20 4/12/21 4/18/22 4/28/23 4/24/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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