Financials Zhejiang HangKe Technology Incorporated Company

Equities

688006

CNE100003MW8

Electrical Components & Equipment

End-of-day quote Shanghai S.E. 06:00:00 2024-05-16 pm EDT 5-day change 1st Jan Change
20.82 CNY +1.26% Intraday chart for Zhejiang HangKe Technology Incorporated Company -4.84% -11.33%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 15,932 33,295 43,364 17,733 14,174 12,568 - -
Enterprise Value (EV) 1 15,932 33,295 41,426 15,532 10,928 9,532 9,304 9,116
P/E ratio 51.6 x 90.3 x 185 x 36.2 x 16.7 x 12.9 x 9.98 x 8.74 x
Yield - - 0.21% 0.8% 1.45% 2.45% 2.93% 2.77%
Capitalization / Revenue 12.1 x 22.3 x 17.5 x 5.13 x 3.53 x 2.67 x 2.11 x 1.93 x
EV / Revenue 12.1 x 22.3 x 16.7 x 4.5 x 2.72 x 2.03 x 1.56 x 1.4 x
EV / EBITDA - 72.5 x 122 x 24.9 x 10.8 x 7.56 x 5.96 x 5.45 x
EV / FCF - - - 55.8 x -55.8 x 23.1 x 14.6 x 11.2 x
FCF Yield - - - 1.79% -1.79% 4.33% 6.86% 8.91%
Price to Book - 13 x 15.4 x 5.3 x 2.76 x 2.27 x 1.88 x 1.53 x
Nbr of stocks (in thousands) 561,400 561,400 564,326 567,186 603,672 603,672 - -
Reference price 2 28.38 59.31 76.84 31.26 23.48 20.82 20.82 20.82
Announcement Date 2/27/20 2/25/21 2/27/22 2/27/23 2/28/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,313 1,493 2,483 3,454 4,012 4,700 5,945 6,508
EBITDA 1 - 459.5 338.5 624.7 1,009 1,260 1,562 1,673
EBIT 1 - 425.5 253.6 550.8 982.9 1,179 1,438 1,554
Operating Margin - 28.5% 10.21% 15.95% 24.5% 25.08% 24.2% 23.87%
Earnings before Tax (EBT) 1 - 425.3 257 543.9 986.5 1,091 1,411 1,607
Net income 1 291.2 371.9 235.1 490.6 842.4 975.9 1,260 1,436
Net margin 22.18% 24.91% 9.47% 14.2% 20.99% 20.76% 21.19% 22.07%
EPS 2 0.5500 0.6571 0.4143 0.8643 1.410 1.617 2.086 2.381
Free Cash Flow 1 - - - 278.5 -195.9 413 638 812
FCF margin - - - 8.06% -4.88% 8.79% 10.73% 12.48%
FCF Conversion (EBITDA) - - - 44.58% - 32.77% 40.86% 48.55%
FCF Conversion (Net income) - - - 56.76% - 42.32% 50.64% 56.54%
Dividend per Share 2 - - 0.1643 0.2500 0.3400 0.5100 0.6090 0.5770
Announcement Date 2/27/20 2/25/21 2/27/22 2/27/23 2/28/24 - - -
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 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 721.6 796.8 1,158 813.1 685.8 950.5 1,170 1,188 703.9 883.9 1,170 1,366 1,365
EBITDA - - - - - - - - - - - - -
EBIT 1 -9.515 103.8 165.9 153.4 124.4 236.8 215.6 262.2 180.1 187.2 245.8 286.8 251.9
Operating Margin -1.32% 13.03% 14.32% 18.86% 18.14% 24.92% 18.42% 22.08% 25.58% 21.18% 21% 21% 18.45%
Earnings before Tax (EBT) - - - - - - - - - - - - -
Net income - - - - - - - - - - - - -
Net margin - - - - - - - - - - - - -
EPS 2 - - - - - 0.3643 0.4357 0.3900 0.2200 0.2900 0.3200 0.3800 0.2700
Dividend per Share - - - - - - - - - - - - -
Announcement Date 2/27/22 4/29/22 8/29/22 10/27/22 2/27/23 4/26/23 8/30/23 10/30/23 2/28/24 4/25/24 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 - - 1,938 2,201 3,247 3,036 3,265 3,453
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 - - - 278 -196 413 638 812
ROE (net income / shareholders' equity) 19.6% 15.6% 8.8% 15.9% 18.3% 19.5% 21% 19.2%
ROA (Net income/ Total Assets) - - 5.28% 7.15% 9.22% 8.4% 10.1% 9.4%
Assets 1 - - 4,457 6,866 9,137 11,617 12,432 15,279
Book Value Per Share 2 - 4.570 5.010 5.900 8.520 9.150 11.10 13.60
Cash Flow per Share 2 - 0.5200 0.8500 1.230 0.3600 4.770 0.9600 5.520
Capex 1 - - 314 417 411 325 372 570
Capex / Sales - - 12.64% 12.08% 10.24% 6.91% 6.26% 8.76%
Announcement Date 2/27/20 2/25/21 2/27/22 2/27/23 2/28/24 - - -
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

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
7
Last Close Price
20.82 CNY
Average target price
25.87 CNY
Spread / Average Target
+24.24%
Consensus
  1. Stock Market
  2. Equities
  3. 688006 Stock
  4. Financials Zhejiang HangKe Technology Incorporated Company
-40% Limited Time Offer: Our subscriptions help you unlock hidden opportunities.
BENEFIT NOW