ZHEJIANG CHINT ELECTRICS CO., LTD. Financials Zhejiang Chint Electrics Co., Ltd.
Equities
601877
CNE100000KD8
Electrical Components & Equipment
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 20.65 CNY | +2.13% |
|
+7.16% | -4.00% |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 57,426 | 83,418 | 114,795 | 58,936 | 45,766 | 44,376 | - | - |
| Enterprise Value (EV) 1 | 64,210 | 94,545 | 128,801 | 69,943 | 62,434 | 76,800 | 92,677 | 44,376 |
| P/E ratio | 15.3 x | 13.1 x | 34.1 x | 14.7 x | 12.4 x | 9.08 x | 7.53 x | 7.01 x |
| Yield | 1.87% | 1.28% | 0.74% | 1.44% | 2.56% | 2.33% | 2.52% | 2.81% |
| Capitalization / Revenue | 1.9 x | 2.51 x | 2.95 x | 1.28 x | 0.8 x | 0.66 x | 0.62 x | 0.59 x |
| EV / Revenue | 2.12 x | 2.84 x | 3.31 x | 1.52 x | 1.09 x | 1.15 x | 1.3 x | 0.59 x |
| EV / EBITDA | 10.9 x | 9.7 x | 19.6 x | 8.85 x | 7.28 x | 7.04 x | 7.21 x | 3.37 x |
| EV / FCF | - | - | - | - | - | - | - | - |
| FCF Yield | - | - | - | - | - | - | - | - |
| Price to Book | 2.38 x | 2.81 x | 3.62 x | 1.64 x | 1.18 x | 1.02 x | 0.91 x | 0.85 x |
| Nbr of stocks (in thousands) | 2,142,753 | 2,130,179 | 2,130,179 | 2,127,664 | 2,127,664 | 2,148,969 | - | - |
| Reference price 2 | 26.80 | 39.16 | 53.89 | 27.70 | 21.51 | 20.65 | 20.65 | 20.65 |
| Announcement Date | 4/29/20 | 4/28/21 | 4/28/22 | 4/28/23 | 4/30/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 30,226 | 33,253 | 38,865 | 45,974 | 57,251 | 66,963 | 71,207 | 74,997 |
| EBITDA 1 | 5,872 | 9,748 | 6,588 | 7,899 | 8,573 | 10,916 | 12,855 | 13,158 |
| EBIT 1 | 4,519 | 7,894 | 4,713 | 5,997 | 6,549 | 8,278 | 9,787 | 10,186 |
| Operating Margin | 14.95% | 23.74% | 12.13% | 13.04% | 11.44% | 12.36% | 13.74% | 13.58% |
| Earnings before Tax (EBT) 1 | 4,511 | 7,784 | 4,490 | 5,940 | 6,494 | 7,860 | 9,061 | 10,148 |
| Net income 1 | 3,762 | 6,427 | 3,401 | 4,023 | 3,686 | 4,886 | 5,897 | 6,332 |
| Net margin | 12.45% | 19.33% | 8.75% | 8.75% | 6.44% | 7.3% | 8.28% | 8.44% |
| EPS 2 | 1.750 | 2.990 | 1.580 | 1.890 | 1.730 | 2.273 | 2.744 | 2.945 |
| Free Cash Flow | - | - | - | - | - | - | - | - |
| FCF margin | - | - | - | - | - | - | - | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - | - |
| Dividend per Share 2 | 0.5000 | 0.5000 | 0.4000 | 0.4000 | 0.5500 | 0.4809 | 0.5194 | 0.5800 |
| Announcement Date | 4/29/20 | 4/28/21 | 4/28/22 | 4/28/23 | 4/30/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 |
|---|---|---|---|---|---|---|---|---|
| Net sales | 10,214 | 10,642 | 12,897 | 11,478 | 10,958 | 15,741 | 12,109 | - |
| EBITDA | - | - | - | - | - | - | - | - |
| EBIT | 1,103 | 858.1 | 1,683 | 2,135 | 1,321 | 2,019 | 1,252 | - |
| Operating Margin | 10.8% | 8.06% | 13.05% | 18.6% | 12.05% | 12.83% | 10.34% | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - |
| Net income | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - |
| EPS 1 | 0.2900 | 0.2700 | 0.5300 | 0.7100 | 0.3800 | 0.5600 | 0.3300 | 0.5200 |
| Dividend per Share | - | - | - | - | - | - | - | - |
| Announcement Date | 4/28/22 | 4/28/22 | 8/30/22 | 10/28/22 | 4/28/23 | 4/29/23 | 8/30/23 | 10/30/23 |
1CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 6,785 | 11,127 | 14,006 | 11,006 | 16,668 | 32,424 | 48,301 | - |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 1.155 x | 1.141 x | 2.126 x | 1.393 x | 1.944 x | 2.97 x | 3.757 x | - |
| Free Cash Flow | - | - | - | - | - | - | - | - |
| ROE (net income / shareholders' equity) | 16.3% | 24% | 10.9% | 12% | 9.76% | 11.5% | 12.5% | 12.6% |
| ROA (Net income/ Total Assets) | 7.31% | 10.3% | 4.42% | 4.22% | - | 3.25% | 4.32% | 3.64% |
| Assets 1 | 51,433 | 62,273 | 76,988 | 95,380 | - | 150,344 | 136,507 | 173,942 |
| Book Value Per Share 2 | 11.30 | 13.90 | 14.90 | 16.90 | 18.20 | 20.30 | 22.70 | 24.40 |
| Cash Flow per Share 2 | 2.320 | 2.240 | 3.300 | 2.370 | 1.930 | 6.460 | 3.380 | 14.50 |
| Capex 1 | 4,884 | 6,915 | 11,962 | 10,548 | 4,318 | 14,849 | 5,270 | 2,756 |
| Capex / Sales | 16.16% | 20.8% | 30.78% | 22.94% | 7.54% | 22.17% | 7.4% | 3.67% |
| Announcement Date | 4/29/20 | 4/28/21 | 4/28/22 | 4/28/23 | 4/30/24 | - | - | - |
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
Trading Rating
Investor Rating
ESG Refinitiv
C+
Sell
Buy
Mean consensus
BUY
Number of Analysts
7
Last Close Price
20.65
CNY
Average target price
33.93
CNY
Spread / Average Target
+64.33%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -4.00% | 6.13B | |
| +4.53% | 150B | |
| +18.99% | 130B | |
| +33.09% | 128B | |
| +9.46% | 60.91B | |
| +1.01% | 38.51B | |
| +93.59% | 34.82B | |
| +5.04% | 32.09B | |
| -11.73% | 31.4B | |
| +27.37% | 27.26B |
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- 601877 Stock
- Financials Zhejiang Chint Electrics Co., Ltd.
