Financials Cambricon Technologies Corporation Limited

Equities

688256

CNE1000041R8

Software

End-of-day quote Shanghai S.E. 23:00:00 09/05/2024 BST 5-day change 1st Jan Change
170.4 CNY -4.35% Intraday chart for Cambricon Technologies Corporation Limited -0.60% +26.23%

Valuation

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 58,727 38,050 21,831 56,207 70,930 - -
Enterprise Value (EV) 1 58,727 38,050 19,427 52,288 68,708 68,955 70,930
P/E ratio -128 x -46.2 x -17.4 x -65.2 x -125 x -349 x 131 x
Yield - - - - - - -
Capitalization / Revenue 128 x 52.8 x 29.9 x 79.2 x 49.4 x 30.6 x 14.1 x
EV / Revenue 128 x 52.8 x 26.6 x 73.7 x 47.8 x 29.7 x 14.1 x
EV / EBITDA -191 x -60.8 x -18.9 x -85.5 x -112 x -3,343 x 283 x
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Price to Book 9.13 x 6.46 x 4.5 x 9.95 x 14.3 x 16.9 x 14.9 x
Nbr of stocks (in thousands) 400,100 400,100 400,133 416,470 416,353 - -
Reference price 2 146.8 95.10 54.56 135.0 170.4 170.4 170.4
Announcement Date 24/02/21 25/02/22 27/02/23 28/02/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 443.9 458.9 721 729 709.4 1,437 2,320 5,022
EBITDA 1 - -307 -625.4 -1,028 -611.4 -613 -20.63 250.4
EBIT 1 - -434.5 -824.2 -1,324 -875.8 -590.8 -272.6 657.1
Operating Margin - -94.67% -114.31% -181.64% -123.46% -41.11% -11.75% 13.08%
Earnings before Tax (EBT) 1 - -434.5 -823.8 -1,323 -874.7 -590.4 -239.2 657.6
Net income 1 - -434.5 -824.9 -1,257 -848.4 -573.7 -203.4 543.6
Net margin - -94.68% -114.41% -172.36% -119.6% -39.92% -8.76% 10.82%
EPS 2 -3.270 -1.150 -2.060 -3.140 -2.070 -1.360 -0.4883 1.305
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 - - - - - - - -
Announcement Date 30/06/20 24/02/21 25/02/22 27/02/23 28/02/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2020 S2 2021 Q4 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2023 S2 2024 Q1 2024 Q2 2024 Q3
Net sales 1 - 371.7 498.6 108.8 92.58 464.7 75.29 39.18 31.34 445 594.9 25.67 86.76 153.2
EBITDA - - - - - - - - - - - - - -
EBIT 1 - -233.8 - -344.3 -341.4 -339.7 -262.8 -297.4 -270.9 -44.76 -315.7 -228.5 -295.1 -241.1
Operating Margin - -62.9% - -316.48% -368.77% -73.12% -349.05% -758.96% -864.28% -10.06% -53.06% -890.1% -340.16% -157.33%
Earnings before Tax (EBT) - -233.9 - - - - - - - - -315 - - -
Net income -201.9 -232.6 -195.5 -335 - - - - - - -303.6 - - -
Net margin - -62.59% -39.21% -307.95% - - - - - - -51.03% - - -
EPS 2 -0.5600 -0.5900 - -0.8300 -0.8100 -0.7800 -0.6400 -0.7000 -0.6300 -0.1000 - -0.5400 -0.6000 -0.4700
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 28/08/20 24/02/21 25/02/22 12/08/22 26/10/22 27/02/23 28/04/23 30/08/23 28/10/23 28/02/24 28/02/24 30/04/24 - -
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 - - - 2,404 3,919 2,222 1,975 -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) - -8.4% -13.5% -23.4% -15.3% -13.7% -7.55% 1.71%
ROA (Net income/ Total Assets) - -7.26% -11.8% - -13.7% -8.5% -4.85% -
Assets 1 - 5,989 7,013 - 6,192 6,749 4,193 -
Book Value Per Share 2 - 16.10 14.70 12.10 13.60 11.90 10.10 11.50
Cash Flow per Share 2 - -0.3300 -2.180 -3.320 -1.430 -4.310 -1.550 -0.7000
Capex 1 - 260 505 284 100 235 342 340
Capex / Sales - 56.56% 70.04% 38.97% 14.13% 16.34% 14.75% 6.78%
Announcement Date 30/06/20 24/02/21 25/02/22 27/02/23 28/02/24 - - -
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
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
7
Last Close Price
170.4 CNY
Average target price
134.1 CNY
Spread / Average Target
-21.28%
Consensus
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  4. Financials Cambricon Technologies Corporation Limited