DAWNING INFORMATION INDUSTRY CO., LTD. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 47.68 CNY | -0.19% |
|
+2.34% | +20.74% |
| 04-26 | Dawning Information Industry's Q1 Profit Rises 9% | MT |
| 04-25 | Dawning Information Industry Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 31,133 | 49,658 | 40,340 | 32,413 | 57,797 | 69,783 | - | - |
| Enterprise Value (EV) 1 | 29,995 | 42,005 | 35,133 | 28,607 | 53,325 | 68,300 | 67,569 | 69,047 |
| P/E ratio | 52.4 x | 55.2 x | 34.5 x | 20.9 x | 31.6 x | 29.4 x | 23.9 x | 20.5 x |
| Yield | 0.4% | 0.41% | 0.58% | 0.99% | 0.43% | 0.94% | 0.83% | 1.16% |
| Capitalization / Revenue | 3.27 x | 4.89 x | 3.6 x | 2.49 x | 4.03 x | 4.17 x | 3.62 x | 3.14 x |
| EV / Revenue | 3.15 x | 4.13 x | 3.14 x | 2.2 x | 3.72 x | 4.08 x | 3.5 x | 3.1 x |
| EV / EBITDA | 30.5 x | 30.5 x | 19.3 x | 11.8 x | 19 x | 21.3 x | 17.1 x | 14.6 x |
| EV / FCF | - | - | - | - | 39.7 x | 16.3 x | 54.6 x | 12.7 x |
| FCF Yield | - | - | - | - | 2.52% | 6.12% | 1.83% | 7.88% |
| Price to Book | 7.2 x | 4.27 x | 3.18 x | 1.9 x | 3.1 x | 3.42 x | 3.01 x | 2.65 x |
| Nbr of stocks (in thousands) | 1,260,432 | 1,450,729 | 1,463,169 | 1,464,014 | 1,463,579 | 1,463,579 | - | - |
| Reference price 2 | 24.70 | 34.23 | 27.57 | 22.14 | 39.49 | 47.68 | 47.68 | 47.68 |
| Announcement Date | 27/03/20 | 10/03/21 | 22/02/22 | 23/02/23 | 24/02/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 9,526 | 10,161 | 11,200 | 13,008 | 14,353 | 16,720 | 19,290 | 22,238 |
| EBITDA 1 | 982.4 | 1,376 | 1,816 | 2,432 | 2,806 | 3,212 | 3,946 | 4,723 |
| EBIT 1 | 729.7 | 1,041 | 1,420 | 1,905 | 2,176 | 2,847 | 3,536 | 4,075 |
| Operating Margin | 7.66% | 10.24% | 12.68% | 14.64% | 15.16% | 17.03% | 18.33% | 18.32% |
| Earnings before Tax (EBT) 1 | 740.5 | 1,053 | 1,435 | 1,906 | 2,179 | 2,847 | 3,502 | 4,049 |
| Net income 1 | 593.6 | 822.4 | 1,158 | 1,544 | 1,836 | 2,373 | 2,926 | 3,399 |
| Net margin | 6.23% | 8.09% | 10.34% | 11.87% | 12.79% | 14.19% | 15.17% | 15.29% |
| EPS 2 | 0.4714 | 0.6200 | 0.8000 | 1.060 | 1.250 | 1.621 | 1.999 | 2.324 |
| Free Cash Flow 1 | - | - | - | - | 1,344 | 4,181 | 1,238 | 5,444 |
| FCF margin | - | - | - | - | 9.36% | 25.01% | 6.42% | 24.48% |
| FCF Conversion (EBITDA) | - | - | - | - | 47.9% | 130.17% | 31.37% | 115.25% |
| FCF Conversion (Net income) | - | - | - | - | 73.21% | 176.2% | 42.31% | 160.16% |
| Dividend per Share 2 | 0.1000 | 0.1400 | 0.1600 | 0.2200 | 0.1700 | 0.4500 | 0.3952 | 0.5550 |
| Announcement Date | 27/03/20 | 10/03/21 | 22/02/22 | 23/02/23 | 24/02/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2020 S1 | 2020 S2 | 2022 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 |
|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 3,989 | 6,173 | - | - | 2,357 | 6,595 | 2,479 | 3,265 | 2,670 |
| EBITDA | - | - | - | - | - | - | - | - | - |
| EBIT | - | 713.6 | - | - | - | 1,204 | - | - | - |
| Operating Margin | - | 11.56% | - | - | - | 18.26% | - | - | - |
| Earnings before Tax (EBT) 1 | - | 721.6 | - | - | - | 1,202 | 209.2 | 256.9 | 117.5 |
| Net income 1 | - | 571.9 | - | 413.8 | - | 1,086 | 142.6 | 203.4 | 84.86 |
| Net margin | - | 9.26% | - | - | - | 16.46% | 5.75% | 6.23% | 3.18% |
| EPS 2 | 0.1900 | 0.4300 | 0.0800 | 0.2800 | - | 0.7300 | 0.0980 | 0.1390 | 0.0580 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - |
| Announcement Date | 14/08/20 | 10/03/21 | 27/04/22 | 24/08/23 | 26/10/23 | 24/02/24 | 25/04/24 | - | - |
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 | 1,138 | 7,654 | 5,206 | 3,806 | 4,472 | 1,483 | 2,214 | 736 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | - | - | - | - | 1,344 | 4,181 | 1,238 | 5,444 |
| ROE (net income / shareholders' equity) | 14.7% | 12.5% | 9.55% | 10.2% | 10.3% | 11.3% | 12.3% | 13% |
| ROA (Net income/ Total Assets) | 3.97% | 4.34% | 4.82% | 5.31% | - | 6.39% | 7.24% | 7.76% |
| Assets 1 | 14,968 | 18,938 | 24,031 | 29,064 | - | 37,163 | 40,446 | 43,822 |
| Book Value Per Share 2 | 3.430 | 8.020 | 8.660 | 11.60 | 12.70 | 14.00 | 15.90 | 18.00 |
| Cash Flow per Share 2 | 2.520 | 1.600 | -0.3400 | 0.7700 | 2.400 | 2.160 | 1.720 | 2.630 |
| Capex 1 | 755 | 554 | 1,624 | 2,685 | 2,166 | 686 | 875 | 630 |
| Capex / Sales | 7.92% | 5.45% | 14.5% | 20.64% | 15.09% | 4.1% | 4.53% | 2.83% |
| Announcement Date | 27/03/20 | 10/03/21 | 22/02/22 | 23/02/23 | 24/02/24 | - | - | - |
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
C+
Sell
Buy
Mean consensus
BUY
Number of Analysts
10
Last Close Price
47.68
CNY
Average target price
48.03
CNY
Spread / Average Target
+0.74%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +20.74% | 9.64B | |
| +63.53% | 89.3B | |
| -6.35% | 27.57B | |
| -0.71% | 21.92B | |
| +2.50% | 18.37B | |
| -16.03% | 14.56B | |
| -7.45% | 12.56B | |
| +9.29% | 10.04B | |
| +12.58% | 9.87B | |
| -12.36% | 9.87B |
- Stock Market
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- 603019 Stock
- Financials Dawning Information Industry Co., Ltd.
