End-of-day quote
Shenzhen S.E.
23:00:00 29/04/2024 BST
|
5-day change
|
1st Jan Change
|
40.91
CNY
|
+6.29%
|
|
+9.09%
|
+23.22%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
38,806
|
39,076
|
52,087
|
31,499
|
48,875
|
60,225
|
-
|
-
|
Enterprise Value (EV)
1 |
34,131
|
32,448
|
50,899
|
31,772
|
48,703
|
64,995
|
64,571
|
60,225
|
P/E ratio
|
42.1
x
|
26
x
|
26.2
x
|
15.5
x
|
28.1
x
|
28.4
x
|
22.3
x
|
18.8
x
|
Yield
|
0.23%
|
0.41%
|
0.39%
|
0.7%
|
0.39%
|
0.52%
|
0.59%
|
0.56%
|
Capitalization / Revenue
|
0.75
x
|
0.62
x
|
0.78
x
|
0.45
x
|
0.74
x
|
0.79
x
|
0.68
x
|
0.59
x
|
EV / Revenue
|
0.66
x
|
0.51
x
|
0.76
x
|
0.46
x
|
0.74
x
|
0.85
x
|
0.73
x
|
0.59
x
|
EV / EBITDA
|
25.9
x
|
15.7
x
|
20.1
x
|
12.6
x
|
22.3
x
|
23.2
x
|
19.6
x
|
16.2
x
|
EV / FCF
|
79,367,613
x
|
17,249,322
x
|
-5,999,451
x
|
46,710,277
x
|
-
|
-
|
-
|
-
|
FCF Yield
|
0%
|
0%
|
-0%
|
0%
|
-
|
-
|
-
|
-
|
Price to Book
|
3.9
x
|
3.14
x
|
3.68
x
|
1.94
x
|
2.72
x
|
3.02
x
|
2.69
x
|
2.36
x
|
Nbr of stocks (in thousands)
|
1,289,252
|
1,453,721
|
1,453,721
|
1,463,710
|
1,472,135
|
1,472,135
|
-
|
-
|
Reference price
2 |
30.10
|
26.88
|
35.83
|
21.52
|
33.20
|
40.91
|
40.91
|
40.91
|
Announcement Date
|
17/04/20
|
14/04/21
|
08/04/22
|
11/04/23
|
19/04/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
51,653
|
63,038
|
67,048
|
69,525
|
65,867
|
76,069
|
88,325
|
101,494
|
EBITDA
1 |
1,316
|
2,066
|
2,534
|
2,526
|
2,182
|
2,796
|
3,296
|
3,718
|
EBIT
1 |
1,027
|
1,743
|
2,153
|
2,156
|
1,826
|
2,238
|
2,920
|
3,249
|
Operating Margin
|
1.99%
|
2.77%
|
3.21%
|
3.1%
|
2.77%
|
2.94%
|
3.31%
|
3.2%
|
Earnings before Tax (EBT)
1 |
1,031
|
1,685
|
2,160
|
2,160
|
1,827
|
2,231
|
2,836
|
3,367
|
Net income
1 |
928.7
|
1,466
|
2,003
|
2,080
|
1,783
|
2,111
|
2,693
|
3,193
|
Net margin
|
1.8%
|
2.33%
|
2.99%
|
2.99%
|
2.71%
|
2.77%
|
3.05%
|
3.15%
|
EPS
2 |
0.7145
|
1.032
|
1.369
|
1.389
|
1.180
|
1.439
|
1.834
|
2.177
|
Free Cash Flow
|
430
|
1,881
|
-8,484
|
680.2
|
-
|
-
|
-
|
-
|
FCF margin
|
0.83%
|
2.98%
|
-12.65%
|
0.98%
|
-
|
-
|
-
|
-
|
FCF Conversion (EBITDA)
|
32.68%
|
91.07%
|
-
|
26.93%
|
-
|
-
|
-
|
-
|
FCF Conversion (Net income)
|
46.3%
|
128.28%
|
-
|
32.7%
|
-
|
-
|
-
|
-
|
Dividend per Share
2 |
0.0700
|
0.1100
|
0.1400
|
0.1500
|
0.1300
|
0.2145
|
0.2412
|
0.2300
|
Announcement Date
|
17/04/20
|
14/04/21
|
08/04/22
|
11/04/23
|
19/04/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2020 S2
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
---|
Net sales
1 |
30,113
|
30,286
|
32,752
|
20,800
|
17,277
|
17,573
|
17,916
|
16,759
|
9,400
|
15,397
|
23,299
|
17,770
|
17,607
|
20,581
|
21,250
|
19,877
|
-
|
-
|
EBITDA
1 |
-
|
-
|
-
|
-
|
543.3
|
924.8
|
1,194
|
-
|
-
|
-
|
-
|
-
|
-
|
953.2
|
-
|
-
|
-
|
-
|
EBIT
1 |
704.6
|
-
|
1,275
|
635.2
|
367.1
|
674
|
603.9
|
511.1
|
220.4
|
100.3
|
461.3
|
1,044
|
309.3
|
931.5
|
-
|
-
|
-
|
-
|
Operating Margin
|
2.34%
|
-
|
3.89%
|
3.05%
|
2.13%
|
3.84%
|
3.37%
|
3.05%
|
2.34%
|
0.65%
|
1.98%
|
5.87%
|
1.76%
|
4.53%
|
-
|
-
|
-
|
-
|
Earnings before Tax (EBT)
1 |
707.6
|
-
|
1,217
|
635.7
|
366.8
|
676.2
|
606.3
|
510.6
|
220.6
|
103.4
|
462.5
|
1,040
|
306.7
|
892.7
|
-
|
-
|
-
|
-
|
Net income
1 |
655.5
|
405.7
|
1,061
|
652
|
334
|
620.3
|
591.9
|
534.2
|
210.3
|
115
|
461.3
|
996.2
|
306.5
|
830.2
|
-
|
-
|
-
|
-
|
Net margin
|
2.18%
|
1.34%
|
3.24%
|
3.13%
|
1.93%
|
3.53%
|
3.3%
|
3.19%
|
2.24%
|
0.75%
|
1.98%
|
5.61%
|
1.74%
|
4.03%
|
-
|
-
|
-
|
-
|
EPS
2 |
0.5000
|
-
|
0.7400
|
0.4500
|
0.2283
|
0.4200
|
0.4100
|
0.3300
|
0.1432
|
0.0800
|
0.2800
|
0.6800
|
0.2082
|
0.2700
|
0.4700
|
0.4000
|
0.4100
|
0.4400
|
Dividend per Share
2 |
-
|
-
|
-
|
0.1400
|
-
|
-
|
-
|
0.1500
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
17/04/20
|
28/08/20
|
14/04/21
|
08/04/22
|
29/04/22
|
26/08/22
|
30/10/22
|
11/04/23
|
27/04/23
|
25/08/23
|
31/10/23
|
19/04/24
|
29/04/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
273
|
-
|
4,770
|
4,346
|
-
|
Net Cash position
1 |
4,676
|
6,628
|
1,188
|
-
|
171
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
0.1083
x
|
-
|
1.706
x
|
1.319
x
|
-
|
Free Cash Flow
|
430
|
1,881
|
-8,484
|
680
|
-
|
-
|
-
|
-
|
ROE (net income / shareholders' equity)
|
9.79%
|
12.1%
|
13.1%
|
13.4%
|
9.89%
|
10.7%
|
12%
|
12.7%
|
ROA (Net income/ Total Assets)
|
3.38%
|
4.33%
|
4.74%
|
4.77%
|
-
|
4.2%
|
4.72%
|
5.18%
|
Assets
1 |
27,502
|
33,867
|
42,265
|
43,611
|
-
|
50,253
|
57,082
|
61,592
|
Book Value Per Share
2 |
7.720
|
8.560
|
9.740
|
11.10
|
12.20
|
13.50
|
15.20
|
17.40
|
Cash Flow per Share
2 |
0.6700
|
1.600
|
-5.700
|
1.230
|
0.3500
|
0.9000
|
1.130
|
1.090
|
Capex
1 |
435
|
449
|
194
|
1,120
|
290
|
613
|
500
|
553
|
Capex / Sales
|
0.84%
|
0.71%
|
0.29%
|
1.61%
|
0.44%
|
0.81%
|
0.57%
|
0.54%
|
Announcement Date
|
17/04/20
|
14/04/21
|
08/04/22
|
11/04/23
|
19/04/24
|
-
|
-
|
-
|
Last Close Price
40.91
CNY Average target price
41.87
CNY Spread / Average Target +2.34% Consensus |
1st Jan change
|
Capi.
|
---|
| +23.22% | 8.32B | | +21.92% | 12.05B | | -21.54% | 4.81B | | -6.23% | 1.29B | | -14.59% | 827M | | +21.26% | 226M | | +31.85% | 125M | | +19.46% | 84.77M | | +7.50% | 64.27M |
Servers & Systems
|