ZHEJIANG TONY ELECTRONIC CO., LTD Financials Zhejiang Tony Electronic Co., Ltd
Equities
603595
CNE100002RV1
Electrical Components & Equipment
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 21.37 CNY | +4.04% |
|
+1.14% | -41.91% |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 4,482 | 5,526 | 4,271 | 8,584 | 13,977 | 8,552 |
| Enterprise Value (EV) 1 | 4,728 | 5,731 | 4,821 | 9,324 | 15,458 | 10,721 |
| P/E ratio | 38.7 x | -35.4 x | 91.2 x | 231 x | 131 x | -14.1 x |
| Yield | 0.26% | - | 0.11% | 0.04% | 0.08% | - |
| Capitalization / Revenue | 5.14 x | 8.36 x | 4.6 x | 6.41 x | 7.4 x | 4.66 x |
| EV / Revenue | 5.42 x | 8.67 x | 5.19 x | 6.96 x | 8.18 x | 5.84 x |
| EV / EBITDA | 41.8 x | 124 x | 40.5 x | 55.8 x | 62.5 x | -21.4 x |
| EV / FCF | -11.8 x | -41.1 x | -11.1 x | -14.6 x | -16.2 x | -14.5 x |
| FCF Yield | -8.51% | -2.43% | -9.05% | -6.84% | -6.16% | -6.89% |
| Price to Book | 5.09 x | 5.21 x | 3.85 x | 5.37 x | 7.33 x | 5.51 x |
| Nbr of stocks (in thousands) | 199,951 | 214,111 | 212,925 | 232,442 | 232,442 | 232,442 |
| Reference price 2 | 22.41 | 25.81 | 20.06 | 36.93 | 60.13 | 36.79 |
| Announcement Date | 3/21/19 | 3/19/20 | 3/19/21 | 3/18/22 | 3/10/23 | 4/26/24 |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 872.4 | 660.8 | 928.1 | 1,339 | 1,889 | 1,836 |
| EBITDA 1 | 113.1 | 46.19 | 118.9 | 167.2 | 247.4 | -500.4 |
| EBIT 1 | 64.82 | -15.32 | 43.63 | 55.86 | 104.4 | -705.2 |
| Operating Margin | 7.43% | -2.32% | 4.7% | 4.17% | 5.53% | -38.4% |
| Earnings before Tax (EBT) 1 | 134.2 | -155.6 | 52.04 | 27.09 | 100.4 | -980.7 |
| Net income 1 | 115.4 | -148.4 | 47.83 | 33.41 | 108 | -607.2 |
| Net margin | 13.23% | -22.46% | 5.15% | 2.5% | 5.72% | -33.07% |
| EPS 2 | 0.5786 | -0.7300 | 0.2200 | 0.1600 | 0.4600 | -2.610 |
| Free Cash Flow 1 | -402.2 | -139.3 | -436.1 | -637.7 | -952.4 | -739 |
| FCF margin | -46.11% | -21.08% | -46.99% | -47.63% | -50.43% | -40.24% |
| FCF Conversion (EBITDA) | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - |
| Dividend per Share 2 | 0.0579 | - | 0.0225 | 0.0144 | 0.0465 | - |
| Announcement Date | 3/21/19 | 3/19/20 | 3/19/21 | 3/18/22 | 3/10/23 | 4/26/24 |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2023 Q1 | 2023 Q3 |
|---|---|---|
| Net sales 1 | - | 581.9 |
| EBITDA | - | - |
| EBIT | - | - |
| Operating Margin | - | - |
| Earnings before Tax (EBT) | - | - |
| Net income 1 | -39.65 | 16 |
| Net margin | - | 2.75% |
| EPS 2 | -0.1700 | 0.0700 |
| Dividend per Share | - | - |
| Announcement Date | 4/28/23 | 10/27/23 |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 246 | 205 | 550 | 740 | 1,481 | 2,169 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 2.176 x | 4.436 x | 4.62 x | 4.425 x | 5.987 x | -4.335 x |
| Free Cash Flow 1 | -402 | -139 | -436 | -638 | -952 | -739 |
| ROE (net income / shareholders' equity) | 14.3% | -15.3% | 4.41% | 2.47% | 5.85% | -44.1% |
| ROA (Net income/ Total Assets) | 3.02% | -0.58% | 1.33% | 1.27% | 1.73% | -9.2% |
| Assets 1 | 3,818 | 25,816 | 3,596 | 2,626 | 6,258 | 6,603 |
| Book Value Per Share 2 | 4.400 | 4.950 | 5.210 | 6.880 | 8.210 | 6.680 |
| Cash Flow per Share 2 | 0.6800 | 0.8100 | 0.4500 | 1.540 | 0.4600 | 0.7700 |
| Capex 1 | 407 | 284 | 395 | 627 | 744 | 885 |
| Capex / Sales | 46.6% | 42.91% | 42.58% | 46.81% | 39.42% | 48.18% |
| Announcement Date | 3/21/19 | 3/19/20 | 3/19/21 | 3/18/22 | 3/10/23 | 4/26/24 |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| -41.91% | 688M | |
| +38.17% | 5.19B | |
| +11.11% | 4.52B | |
| -6.60% | 4.52B | |
| +29.94% | 4.51B | |
| +31.35% | 4.43B | |
| +12.10% | 4.2B | |
| +79.18% | 3.39B | |
| +82.14% | 2.52B | |
| +12.89% | 2.4B |
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- Financials Zhejiang Tony Electronic Co., Ltd
