HANGJIN TECHNOLOGY CO., LTD. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 28.08 CNY | +0.47% |
|
+0.47% | -10.52% |
| 04-08 | Hangjin Technology Co., Ltd. Approves Final Cash Dividend for the Year 2023 | CI |
| 04-04 | Hangjin Technology's Q1 Profit Surges Fourfold as Revenue Nearly Doubles | MT |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 6,369 | 13,786 | 14,481 | 25,203 | 18,575 | 21,312 |
| Enterprise Value (EV) 1 | 6,586 | 14,149 | 14,996 | 25,387 | 18,670 | 21,834 |
| P/E ratio | 12.7 x | 45.4 x | 61.7 x | 34.4 x | 80.4 x | 165 x |
| Yield | 1.63% | 0.25% | 0.62% | 0.59% | 0.22% | 0.16% |
| Capitalization / Revenue | 1.67 x | 3.65 x | 4.09 x | 5.19 x | 4.33 x | 5.81 x |
| EV / Revenue | 1.72 x | 3.75 x | 4.24 x | 5.23 x | 4.35 x | 5.95 x |
| EV / EBITDA | 9.51 x | 25 x | 27.5 x | 24.3 x | 49 x | 58.1 x |
| EV / FCF | 21.6 x | -101 x | -94.6 x | 56.2 x | 90.4 x | -49 x |
| FCF Yield | 4.63% | -0.99% | -1.06% | 1.78% | 1.11% | -2.04% |
| Price to Book | 2.63 x | 5.14 x | 4.98 x | 7.31 x | 5.14 x | 5.76 x |
| Nbr of stocks (in thousands) | 690,000 | 690,000 | 689,890 | 679,156 | 679,156 | 679,156 |
| Reference price 2 | 9.230 | 19.98 | 20.99 | 37.11 | 27.35 | 31.38 |
| Announcement Date | 15/04/19 | 06/04/20 | 20/04/21 | 27/04/22 | 27/04/23 | 13/03/24 |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 3,820 | 3,774 | 3,536 | 4,859 | 4,292 | 3,668 |
| EBITDA 1 | 692.3 | 565.6 | 545.5 | 1,044 | 380.7 | 376 |
| EBIT 1 | 536.6 | 400.7 | 374.5 | 877.8 | 210 | 187 |
| Operating Margin | 14.05% | 10.62% | 10.59% | 18.07% | 4.89% | 5.1% |
| Earnings before Tax (EBT) 1 | 617.8 | 361.1 | 263.5 | 820.1 | 229.2 | 151.8 |
| Net income 1 | 503.3 | 306.7 | 236.2 | 732.3 | 229.8 | 128.1 |
| Net margin | 13.17% | 8.13% | 6.68% | 15.07% | 5.35% | 3.49% |
| EPS 2 | 0.7281 | 0.4400 | 0.3400 | 1.080 | 0.3400 | 0.1900 |
| Free Cash Flow 1 | 304.7 | -140.6 | -158.5 | 452 | 206.5 | -445.6 |
| FCF margin | 7.98% | -3.73% | -4.48% | 9.3% | 4.81% | -12.15% |
| FCF Conversion (EBITDA) | 44.01% | - | - | 43.31% | 54.24% | - |
| FCF Conversion (Net income) | 60.54% | - | - | 61.72% | 89.87% | - |
| Dividend per Share 2 | 0.1500 | 0.0500 | 0.1300 | 0.2200 | 0.0600 | 0.0500 |
| Announcement Date | 15/04/19 | 06/04/20 | 20/04/21 | 27/04/22 | 27/04/23 | 13/03/24 |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 217 | 363 | 515 | 184 | 95.3 | 522 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 0.3133 x | 0.6423 x | 0.9447 x | 0.176 x | 0.2504 x | 1.389 x |
| Free Cash Flow 1 | 305 | -141 | -158 | 452 | 206 | -446 |
| ROE (net income / shareholders' equity) | 20.4% | 12% | 7.67% | 20.4% | 5.24% | 2.66% |
| ROA (Net income/ Total Assets) | 8.36% | 5.78% | 5.05% | 10.9% | 2.53% | 2.1% |
| Assets 1 | 6,021 | 5,309 | 4,681 | 6,727 | 9,073 | 6,107 |
| Book Value Per Share 2 | 3.510 | 3.890 | 4.220 | 5.080 | 5.320 | 5.450 |
| Cash Flow per Share 2 | 0.4100 | 0.4500 | 0.5500 | 0.7900 | 0.6300 | 1.050 |
| Capex 1 | 73.3 | 96.8 | 164 | 38.2 | 64.9 | 261 |
| Capex / Sales | 1.92% | 2.57% | 4.64% | 0.79% | 1.51% | 7.13% |
| Announcement Date | 15/04/19 | 06/04/20 | 20/04/21 | 27/04/22 | 27/04/23 | 13/03/24 |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -10.52% | 2.62B | |
| +3.28% | 102B | |
| -2.28% | 65.53B | |
| +46.19% | 41.76B | |
| +19.68% | 38.66B | |
| +4.59% | 32.28B | |
| +9.02% | 19.57B | |
| +15.64% | 16.77B | |
| +21.26% | 15.08B | |
| +11.59% | 14.83B |
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- Financials Hangjin Technology Co., Ltd.
