Financials Xiamen Leading Optics Co., Ltd.

Equities

605118

CNE1000041G1

Household Electronics

End-of-day quote Shanghai S.E. 06:00:00 2024-05-09 pm EDT 5-day change 1st Jan Change
17.8 CNY -1.98% Intraday chart for Xiamen Leading Optics Co., Ltd. -3.63% -26.42%

Valuation

Fiscal Period: December 2020 2021 2022 2023
Capitalization 1 6,143 6,765 5,092 9,848
Enterprise Value (EV) 1 5,490 6,187 4,480 9,277
P/E ratio 38.4 x 46.2 x 32.5 x 63.8 x
Yield 0.99% 0.72% 0.96% 1.03%
Capitalization / Revenue 14.7 x 13.5 x 8.7 x 16.3 x
EV / Revenue 13.2 x 12.3 x 7.66 x 15.4 x
EV / EBITDA 31.6 x 38.3 x 27.5 x 50.9 x
EV / FCF 234 x -46.9 x -85.1 x 56.2 x
FCF Yield 0.43% -2.13% -1.18% 1.78%
Price to Book 5.47 x 5.54 x 3.77 x 6.75 x
Nbr of stocks (in thousands) 405,500 407,529 407,331 407,128
Reference price 2 15.15 16.60 12.50 24.19
Announcement Date 4/27/21 4/25/22 4/25/23 4/15/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 526.4 465.5 417.1 501 585.1 604
EBITDA 1 225 202.4 173.5 161.4 162.7 182.4
EBIT 1 214.4 183.1 152 137.8 129.6 141.6
Operating Margin 40.73% 39.34% 36.44% 27.51% 22.16% 23.45%
Earnings before Tax (EBT) 1 233.4 209.1 172.6 164.7 174.9 174.6
Net income 1 201.4 181.2 150.6 145.8 156.2 154.2
Net margin 38.26% 38.93% 36.11% 29.1% 26.69% 25.53%
EPS 2 0.5500 0.4972 0.3946 0.3594 0.3845 0.3791
Free Cash Flow 1 13.14 52.91 23.43 -132 -52.65 165
FCF margin 2.5% 11.37% 5.62% -26.35% -9% 27.32%
FCF Conversion (EBITDA) 5.84% 26.13% 13.5% - - 90.49%
FCF Conversion (Net income) 6.52% 29.19% 15.56% - - 107.04%
Dividend per Share - - 0.1500 0.1200 0.1200 0.2500
Announcement Date 5/10/19 7/8/20 4/27/21 4/25/22 4/25/23 4/15/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 190 333 653 578 612 571
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 13.1 52.9 23.4 -132 -52.6 165
ROE (net income / shareholders' equity) 59.8% 34.5% 17.3% 12.5% 12.1% 11%
ROA (Net income/ Total Assets) 27.9% 16.3% 9.24% 6.48% 5.5% 5.58%
Assets 1 721 1,115 1,630 2,251 2,839 2,764
Book Value Per Share 2 1.200 1.690 2.770 3.000 3.310 3.580
Cash Flow per Share 2 0.5100 0.5200 0.6000 0.7100 0.5600 0.8200
Capex 1 117 88.5 44.1 177 126 64.4
Capex / Sales 22.21% 19.02% 10.58% 35.38% 21.48% 10.67%
Announcement Date 5/10/19 7/8/20 4/27/21 4/25/22 4/25/23 4/15/24
1CNY in Million2CNY
Estimates
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