Financials Hangzhou Electronic Soul Network Technology Co., Ltd.

Equities

End-of-day quote Shanghai S.E. Other stock markets 23:00:00 12/05/2024 BST			5-day change	1st Jan Change
18.02 ^CNY	-2.65%		-4.20%	-21.58%

04-26	Hangzhou Electronic Soul Network Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
04-08	Hangzhou Fengshen Network Technology Co., Ltd. announced that it expects to receive CNY 80 million in funding from Hangzhou Electronic Soul Network Technology Co., Ltd.	CI

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	5,733	7,804	7,278	5,285	5,530	4,333	-	-
Enterprise Value (EV) ¹	5,733	7,804	7,278	5,285	5,530	4,333	4,333	4,333
P/E ratio	24.7 x	19.3 x	21.4 x	26.3 x	99.9 x	22 x	16.4 x	13.8 x
Yield	-	0.51%	-	3.77%	-	6.83%	7.94%	9.05%
Capitalization / Revenue	8.23 x	7.62 x	7.31 x	6.68 x	8.17 x	4.91 x	4.24 x	3.82 x
EV / Revenue	8.23 x	7.62 x	7.31 x	6.68 x	8.17 x	4.91 x	4.24 x	3.82 x
EV / EBITDA	-	16.8 x	16.7 x	21.5 x	46.7 x	13.4 x	10.5 x	9.16 x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Price to Book	-	3.52 x	2.96 x	2.23 x	2.48 x	1.88 x	1.81 x	1.72 x
Nbr of stocks (in thousands)	244,181	247,993	242,612	241,658	240,642	240,470	-	-
Reference price ²	23.48	31.47	30.00	21.87	22.98	18.02	18.02	18.02
Announcement Date	19/04/20	15/04/21	30/03/22	30/03/23	28/03/24	-	-	-

¹CNY in Million²CNY

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	696.7	1,024	996.3	790.6	677.1	883	1,022	1,134
EBITDA ¹	-	465.8	437	246.3	118.5	323	412	473
EBIT ¹	-	445.8	407.3	225.5	82.78	248	326.5	390.5
Operating Margin	-	43.54%	40.89%	28.53%	12.23%	28.09%	31.96%	34.42%
Earnings before Tax (EBT) ¹	-	454.2	402.4	225.9	82.41	247	329	391.5
Net income ¹	-	394.8	338.8	201	56.84	201	268.5	320
Net margin	-	38.56%	34.01%	25.43%	8.39%	22.76%	26.28%	28.21%
EPS ²	0.9500	1.630	1.400	0.8300	0.2300	0.8200	1.100	1.305
Free Cash Flow	-	-	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-	-	-
Dividend per Share ²	-	0.1600	-	0.8250	-	1.230	1.430	1.630
Announcement Date	19/04/20	15/04/21	30/03/22	30/03/23	28/03/24	-	-	-

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)	-	19.1%	14.6%	8.07%	2.46%	8.73%	11.3%	13%
ROA (Net income/ Total Assets)	-	14.3%	11.1%	6.71%	-	9.5%	11%	12.1%
Assets ¹	-	2,763	3,055	2,994	-	2,116	2,441	2,645
Book Value Per Share ²	-	8.950	10.10	9.790	9.280	9.570	9.960	10.50
Cash Flow per Share ²	-	2.260	1.310	0.5700	0.8900	1.760	1.740	1.500
Capex ¹	-	83.3	74.8	89.1	-	50	49	48
Capex / Sales	-	8.13%	7.51%	11.27%	-	5.66%	4.8%	4.23%
Announcement Date	19/04/20	15/04/21	30/03/22	30/03/23	28/03/24	-	-	-

¹CNY in Million²CNY

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

18.02 CNY

Average target price

24.2 CNY

Spread / Average Target

+34.30%

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