Financials Giantec Semiconductor Corporation

Equities

End-of-day quote Shanghai S.E. Other stock markets 23:00:00 23/05/2024 BST			5-day change	1st Jan Change
49.7 ^CNY	-4.40%		-7.15%	-18.83%

04-29	Giantec Semiconductor Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
03-01	Giantec Semiconductor Corporation commences an Equity Buyback Plan for CNY 100 million worth of its shares, under the authorization approved on February 20, 2024.	CI

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	8,662	7,269	8,200	12,236	9,685	7,887	-	-
Enterprise Value (EV) ¹	8,662	7,269	8,200	12,236	9,685	7,887	7,887	7,887
P/E ratio	-	-	76.2 x	35 x	97.2 x	25.7 x	17.3 x	13.3 x
Yield	0.36%	0.68%	0.4%	0.87%	0.33%	1.11%	1.57%	1.83%
Capitalization / Revenue	16.9 x	14.7 x	15.1 x	12.5 x	13.8 x	7.22 x	5.55 x	4.85 x
EV / Revenue	16.9 x	14.7 x	15.1 x	12.5 x	13.8 x	7.22 x	5.55 x	4.85 x
EV / EBITDA	84.6 x	40.8 x	69.6 x	31.3 x	93.9 x	22.6 x	14.6 x	11.5 x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Price to Book	6.52 x	4.97 x	5.38 x	6.39 x	4.91 x	3.53 x	2.99 x	2.45 x
Nbr of stocks (in thousands)	157,094	157,094	157,094	157,178	158,173	158,699	-	-
Reference price ²	55.14	46.27	52.20	77.85	61.23	49.70	49.70	49.70
Announcement Date	29/02/20	22/02/21	24/02/22	27/02/23	23/02/24	-	-	-

¹CNY in Million²CNY

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	513.4	493.9	544.1	980.4	703.5	1,092	1,421	1,628
EBITDA ¹	102.4	178	117.8	390.3	103.2	349.6	538.6	686.6
EBIT ¹	99.95	174.8	111.7	383.1	87.13	309.4	460.6	599.1
Operating Margin	19.47%	35.4%	20.52%	39.08%	12.39%	28.33%	32.42%	36.81%
Earnings before Tax (EBT) ¹	-	-	113.3	383.3	84.66	309.4	460.6	598.8
Net income ¹	-	-	108.3	353.8	100.4	305.9	455.6	590.2
Net margin	-	-	19.9%	36.08%	14.27%	28.02%	32.07%	36.27%
EPS ²	-	-	0.6846	2.223	0.6300	1.933	2.877	3.725
Free Cash Flow	-	-	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-	-	-
Dividend per Share ²	0.2000	0.3154	0.2077	0.6769	0.2000	0.5500	0.7800	0.9100
Announcement Date	29/02/20	22/02/21	24/02/22	27/02/23	23/02/24	-	-	-

¹CNY in Million²CNY

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow	-	-	-	-	-	-	-	-
ROE (net income / shareholders' equity)	11.5%	11.7%	7.25%	20.6%	5.16%	14.1%	17.9%	19.3%
ROA (Net income/ Total Assets)	10.5%	11%	6.73%	19.1%	4.89%	12.4%	15.3%	15.7%
Assets ¹	-	-	1,609	1,848	2,054	2,462	2,976	3,760
Book Value Per Share ²	8.450	9.300	9.700	12.20	12.50	14.10	16.60	20.30
Cash Flow per Share ²	0.8600	0.5900	0.3600	1.830	0.6500	1.780	2.820	3.130
Capex ¹	2.34	20.7	172	49.4	33.1	55.9	71.5	57.2
Capex / Sales	0.46%	4.2%	31.64%	5.04%	4.7%	5.11%	5.03%	3.51%
Announcement Date	29/02/20	22/02/21	24/02/22	27/02/23	23/02/24	-	-	-

¹CNY in Million²CNY

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

49.7 CNY

Average target price

75.3 CNY

Spread / Average Target

+51.51%

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