YANTAI EDDIE PRECISION MACHINERY CO., LTD.

Financials Yantai Eddie Precision Machinery Co., Ltd.

Equities

603638

CNE100002Z65

Appliances, Tools & Housewares

End-of-day quote Shanghai S.E. Other stock markets 06:00:00 2024-05-16 pm EDT			5-day change	1st Jan Change
17.08 ^CNY	+1.43%		-1.90%	+5.11%

Apr. 29	Yantai Eddie Precision Machinery Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023	CI
Apr. 29	Yantai Eddie Precision Machinery Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024	CI

Valuation

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025
Capitalization ¹	12,579	41,282	26,863	12,535	13,623	14,319	-
Enterprise Value (EV) ¹	12,579	41,098	26,863	13,380	14,578	13,733	13,352
P/E ratio	34.3 x	80 x	57 x	49.7 x	49.2 x	41 x	33.6 x
Yield	0.56%	0.26%	0.38%	0.67%	0.74%	0.66%	0.85%
Capitalization / Revenue	8.72 x	18.3 x	10 x	6.19 x	6.09 x	5.64 x	4.9 x
EV / Revenue	8.72 x	18.2 x	10 x	6.61 x	6.52 x	5.41 x	4.57 x
EV / EBITDA	26.2 x	58.3 x	39 x	28.8 x	26.3 x	20.4 x	17.8 x
EV / FCF	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-
Price to Book	6.29 x	16.9 x	9.52 x	4.23 x	4.31 x	3.98 x	3.67 x
Nbr of stocks (in thousands)	838,333	838,333	841,559	840,166	838,335	838,335	-
Reference price ²	15.00	49.24	31.92	14.92	16.25	17.08	17.08
Announcement Date	4/17/20	4/19/21	4/29/22	4/28/23	4/29/24	-	-

¹CNY in Million²CNY

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025
Net sales ¹	1,442	2,256	2,684	2,025	2,235	2,540	2,921
EBITDA ¹	480	705	689.2	465	553.8	674.6	750
EBIT ¹	395	598.4	542.4	287.5	329.8	416.2	506
Operating Margin	27.38%	26.53%	20.21%	14.2%	14.75%	16.38%	17.32%
Earnings before Tax (EBT) ¹	396.6	596.7	542.1	290.4	330	407	495.2
Net income ¹	342.2	516.1	469.8	249.3	278.6	350	426
Net margin	23.72%	22.88%	17.5%	12.31%	12.47%	13.78%	14.58%
EPS ²	0.4372	0.6156	0.5600	0.3000	0.3300	0.4170	0.5081
Free Cash Flow	-	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-	-
Dividend per Share ²	0.0837	0.1286	0.1200	0.1000	0.1200	0.1127	0.1455
Announcement Date	4/17/20	4/19/21	4/29/22	4/28/23	4/29/24	-	-

¹CNY in Million²CNY

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2020 S1	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4
Net sales ¹	-	-	514.7	466	624.9	632	521	520	710
EBITDA	-	-	-	-	-	-	-	-	-
EBIT	-	-	-	-	-	-	-	-	-
Operating Margin	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT)	-	-	-	-	-	-	-	-	-
Net income	294.2	77.59	-	-	-	-	-	-	-
Net margin	-	-	-	-	-	-	-	-	-
EPS	0.3509	0.0900	-	-	-	-	-	-	-
Dividend per Share	-	-	-	-	-	-	-	-	-
Announcement Date	7/21/20	4/28/23	8/30/23	10/31/23	4/29/24	4/29/24	-	-	-

¹CNY in Million

Estimates

Balance Sheet Analysis

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025
Net Debt ¹	-	-	-	845	955	-	-
Net Cash position ¹	-	184	-	-	-	586	966
Leverage (Debt/EBITDA)	-	-	-	1.818 x	1.725 x	-	-
Free Cash Flow	-	-	-	-	-	-	-
ROE (net income / shareholders' equity)	29.5%	23.2%	17.9%	8.6%	9.07%	9.81%	10.6%
ROA (Net income/ Total Assets)	15.7%	16.2%	11.5%	4.97%	-	5.68%	6.03%
Assets ¹	2,175	3,187	4,097	5,015	-	6,167	7,060
Book Value Per Share ²	2.390	2.920	3.350	3.530	3.770	4.300	4.660
Cash Flow per Share ²	0.2300	0.4000	0.2500	0.1900	0.0100	0.5900	0.6000
Capex ¹	102	669	535	140	125	270	301
Capex / Sales	7.07%	29.65%	19.94%	6.9%	5.57%	10.63%	10.32%
Announcement Date	4/17/20	4/19/21	4/29/22	4/28/23	4/29/24	-	-

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

Ratings for Yantai Eddie Precision Machinery Co., Ltd.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

17.08 CNY

Average target price

18.93 CNY

Spread / Average Target

+10.83%

Consensus

EPS Revisions

Estimates Revisions

Quarterly revenue - Rate of surprise

Company calendar

Sector Tools & Housewares

	1st Jan change	Capi.
YANTAI EDDIE PRECISION MACHINERY CO., LTD.	+5.11%	1.98B
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ZHANG XIAOQUAN INC.	-5.69%	294M
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Tools & Housewares