Financials Jilin Sino-Microelectronics Co., Ltd.

Equities

600360

CNE0000017L3

Semiconductors

End-of-day quote Shanghai S.E. 23:00:00 28/04/2024 BST 5-day change 1st Jan Change
6.2 CNY +2.14% Intraday chart for Jilin Sino-Microelectronics Co., Ltd. +2.14% -14.25%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 3,863 6,353 7,980 8,719 6,328 6,943
Enterprise Value (EV) 1 3,468 5,587 8,155 9,795 7,377 8,262
P/E ratio 36.7 x 94.1 x 208 x 75.7 x 110 x 181 x
Yield 0.68% 0.38% 0.18% 0.41% 0.28% -
Capitalization / Revenue 2.26 x 3.83 x 4.64 x 3.95 x 3.24 x 3.99 x
EV / Revenue 2.03 x 3.37 x 4.75 x 4.43 x 3.78 x 4.74 x
EV / EBITDA 12.6 x 23.9 x 38.2 x 31.4 x 25.8 x 27.7 x
EV / FCF 34.5 x -10.9 x -9.06 x -17.4 x -53.6 x -36.8 x
FCF Yield 2.9% -9.18% -11% -5.76% -1.87% -2.71%
Price to Book 1.72 x 2.04 x 2.56 x 2.71 x 1.95 x 0.99 x
Nbr of stocks (in thousands) 751,588 963,971 960,295 960,295 960,295 960,295
Reference price 2 5.140 6.590 8.310 9.080 6.590 7.230
Announcement Date 26/04/19 29/04/20 28/04/21 28/04/22 27/04/23 29/04/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,709 1,656 1,719 2,210 1,953 1,742
EBITDA 1 276.2 233.8 213.5 311.5 286.4 298.6
EBIT 1 149.3 113.7 103.6 188.8 126.9 120
Operating Margin 8.73% 6.87% 6.03% 8.54% 6.5% 6.89%
Earnings before Tax (EBT) 1 119.6 61.25 30.61 117.9 52.48 29.98
Net income 1 106 65 34.18 115.7 57.75 36.87
Net margin 6.2% 3.92% 1.99% 5.24% 2.96% 2.12%
EPS 2 0.1400 0.0700 0.0400 0.1200 0.0600 0.0400
Free Cash Flow 1 100.5 -512.6 -900.4 -564.5 -137.7 -224.3
FCF margin 5.88% -30.95% -52.39% -25.54% -7.05% -12.88%
FCF Conversion (EBITDA) 36.39% - - - - -
FCF Conversion (Net income) 94.82% - - - - -
Dividend per Share 2 0.0350 0.0250 0.0150 0.0370 0.0185 -
Announcement Date 26/04/19 29/04/20 28/04/21 28/04/22 27/04/23 29/04/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - 175 1,076 1,049 1,319
Net Cash position 1 395 766 - - - -
Leverage (Debt/EBITDA) - - 0.821 x 3.454 x 3.661 x 4.417 x
Free Cash Flow 1 101 -513 -900 -565 -138 -224
ROE (net income / shareholders' equity) 4.93% 2.29% 1.08% 3.66% 1.85% 1.18%
ROA (Net income/ Total Assets) 2.2% 1.4% 1.09% 1.77% 1.16% 1.1%
Assets 1 4,809 4,635 3,133 6,520 4,983 3,339
Book Value Per Share 2 2.990 3.220 3.250 3.350 3.380 7.280
Cash Flow per Share 2 2.350 2.570 1.770 1.550 1.490 2.460
Capex 1 187 667 1,091 997 325 399
Capex / Sales 10.95% 40.29% 63.47% 45.11% 16.63% 22.92%
Announcement Date 26/04/19 29/04/20 28/04/21 28/04/22 27/04/23 29/04/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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