Financials Akeso, Inc. BOERSE MUENCHEN

Equities

4RY

KYG0146B1032

Biotechnology & Medical Research

Market Closed - BOERSE MUENCHEN 20:44:14 28/06/2024 BST 5-day change 1st Jan Change
4.52 EUR -3.00% Intraday chart for Akeso, Inc. +7.11% -14.72%

Valuation

Fiscal Period: Dicembre 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 25,172 22,635 31,941 35,470 30,420 - -
Enterprise Value (EV) 1 22,680 20,843 31,716 36,896 32,130 30,824 30,126
P/E ratio -19.4 x -21 x -26.7 x 17.4 x -67.2 x 132 x 24.7 x
Yield - - - - - - -
Capitalization / Revenue - 100 x 38.1 x 7.84 x 11.6 x 7.35 x 5.03 x
EV / Revenue - 92.4 x 37.9 x 8.15 x 12.3 x 7.45 x 4.98 x
EV / EBITDA -17.6 x -16 x -25.9 x 16.8 x -113 x 60.2 x 20.3 x
EV / FCF -19.3 x -12.1 x -15.5 x 23.2 x -47.2 x -582 x 25.8 x
FCF Yield -5.17% -8.24% -6.44% 4.3% -2.12% -0.17% 3.88%
Price to Book 6.31 x 7.16 x 11.9 x 7.53 x 6.53 x 5.84 x 4.65 x
Nbr of stocks (in thousands) 787,057 817,057 841,057 841,057 865,857 - -
Reference price 2 31.98 27.70 37.98 42.17 35.13 35.13 35.13
Announcement Date 31/03/21 30/03/22 15/03/23 18/03/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Dicembre 2020 2021 2022 2023 2024 2025 2026
Net sales 1 - 225.6 837.7 4,526 2,620 4,138 6,044
EBITDA 1 -1,290 -1,302 -1,225 2,191 -285.5 512.1 1,482
EBIT 1 -1,313 -1,351 -1,331 2,049 -458 279.3 1,313
Operating Margin - -598.89% -158.92% 45.26% -17.48% 6.75% 21.72%
Earnings before Tax (EBT) 1 -1,321 -1,258 -1,422 1,943 -484.5 240.8 1,443
Net income 1 -1,177 -1,075 -1,168 2,028 -432.4 221.6 1,210
Net margin - -476.42% -139.48% 44.81% -16.5% 5.36% 20.03%
EPS 2 -1.650 -1.320 -1.420 2.420 -0.5232 0.2655 1.424
Free Cash Flow 1 -1,173 -1,717 -2,043 1,588 -681 -52.99 1,167
FCF margin - -761.15% -243.88% 35.09% -25.99% -1.28% 19.32%
FCF Conversion (EBITDA) - - - 72.48% - - 78.75%
FCF Conversion (Net income) - - - 78.31% - - 96.45%
Dividend per Share 2 - - - - - - -
Announcement Date 31/03/21 30/03/22 15/03/23 18/03/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 S1 2021 S2 2022 S1 2022 S2 2023 S1 2023 S2
Net sales 1 - 97.03 - 674.5 3,677 849.4
EBITDA - - - - - -
EBIT 1 - - - - 2,482 -433.9
Operating Margin - - - - 67.51% -51.09%
Earnings before Tax (EBT) 1 - -812 - -730.3 2,490 -547
Net income 1 -424.9 - -630.4 -538 2,525 -496.7
Net margin - - - -79.75% 68.67% -58.48%
EPS -0.5200 - -0.7700 - - -
Dividend per Share - - - - - -
Announcement Date 23/09/21 30/03/22 23/08/22 15/03/23 29/08/23 18/03/24
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - 1,425 1,711 404 -
Net Cash position 1 2,492 1,792 225 - - - 294
Leverage (Debt/EBITDA) - - - 0.6505 x -5.991 x 0.7894 x -
Free Cash Flow 1 -1,173 -1,717 -2,043 1,588 -681 -53 1,167
ROE (net income / shareholders' equity) -74% -33.9% -40.3% 55.4% -8.69% 5.1% 19.8%
ROA (Net income/ Total Assets) -42.6% -24.8% -22.7% 27.6% -3.96% 3.6% 11.8%
Assets 1 2,765 4,331 5,151 7,339 10,921 6,157 10,271
Book Value Per Share 2 5.060 3.870 3.200 5.600 5.380 6.020 7.550
Cash Flow per Share 2 -0.9800 -1.230 -1.500 2.950 -0.2900 0.4300 1.640
Capex 1 556 716 802 879 356 308 285
Capex / Sales - 317.39% 95.8% 19.43% 13.59% 7.43% 4.72%
Announcement Date 31/03/21 30/03/22 15/03/23 18/03/24 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
22
Last Close Price
35.13 CNY
Average target price
55.12 CNY
Spread / Average Target
+56.90%
Consensus

Quarterly revenue - Rate of surprise