Financials Beijing AriTime Intelligent Control Co., Ltd.

Equities

600560

CNE000001CK9

Industrial Machinery & Equipment

End-of-day quote Shanghai S.E. 23:00:00 29/04/2024 BST 5-day change 1st Jan Change
15.55 CNY -2.14% Intraday chart for Beijing AriTime Intelligent Control Co., Ltd. +4.22% +5.07%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,807 1,946 2,022 2,205 2,165 3,310
Enterprise Value (EV) 1 1,591 1,736 1,874 2,115 2,043 3,068
P/E ratio 86 x 69.9 x 53.1 x 47.7 x 49.2 x 63 x
Yield 0.36% 0.44% 0.58% 0.64% 0.62% 0.48%
Capitalization / Revenue 3.23 x 2.95 x 2.91 x 3.12 x 2.94 x 3.49 x
EV / Revenue 2.84 x 2.63 x 2.69 x 2.99 x 2.78 x 3.23 x
EV / EBITDA 58.6 x 43.5 x 43.6 x 43.4 x 40.7 x 53.2 x
EV / FCF 52.1 x 11.2 x -27.9 x 29.1 x 143 x -677 x
FCF Yield 1.92% 8.91% -3.59% 3.43% 0.7% -0.15%
Price to Book 2.39 x 2.5 x 2.51 x 2.63 x 2.49 x 3.65 x
Nbr of stocks (in thousands) 223,646 223,646 223,646 223,646 223,646 223,646
Reference price 2 8.080 8.700 9.040 9.860 9.680 14.80
Announcement Date 22/03/19 28/04/20 26/03/21 25/03/22 23/03/23 28/03/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 559.9 660.1 695.9 706.8 735.2 949.6
EBITDA 1 27.15 39.88 43 48.77 50.25 57.64
EBIT 1 17.13 27.79 32.71 38.61 40.44 47.99
Operating Margin 3.06% 4.21% 4.7% 5.46% 5.5% 5.05%
Earnings before Tax (EBT) 1 26.96 29.66 40.98 51.35 49.76 59.14
Net income 1 21.01 27.85 38.06 46.28 44.02 52.51
Net margin 3.75% 4.22% 5.47% 6.55% 5.99% 5.53%
EPS 2 0.0939 0.1245 0.1702 0.2069 0.1968 0.2348
Free Cash Flow 1 30.53 154.7 -67.23 72.6 14.33 -4.531
FCF margin 5.45% 23.44% -9.66% 10.27% 1.95% -0.48%
FCF Conversion (EBITDA) 112.47% 387.95% - 148.87% 28.51% -
FCF Conversion (Net income) 145.34% 555.51% - 156.86% 32.55% -
Dividend per Share 2 0.0290 0.0380 0.0520 0.0630 0.0600 0.0710
Announcement Date 22/03/19 28/04/20 26/03/21 25/03/22 23/03/23 28/03/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 216 210 148 89.9 122 242
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 30.5 155 -67.2 72.6 14.3 -4.53
ROE (net income / shareholders' equity) 2.99% 3.47% 4.89% 5.67% 5.4% 5.99%
ROA (Net income/ Total Assets) 0.65% 1.06% 1.14% 1.22% 1.28% 1.67%
Assets 1 3,239 2,632 3,337 3,797 3,449 3,152
Book Value Per Share 2 3.390 3.480 3.600 3.750 3.880 4.060
Cash Flow per Share 2 0.3300 0.2500 0.3000 0.1900 0.2000 0.5500
Capex 1 5.13 9.87 0.89 1.17 0.81 0.5
Capex / Sales 0.92% 1.49% 0.13% 0.17% 0.11% 0.05%
Announcement Date 22/03/19 28/04/20 26/03/21 25/03/22 23/03/23 28/03/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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