Financials Jiusheng Electric Co., Ltd.

Equities

301082

CNE100004S39

Electrical Components & Equipment

End-of-day quote Shenzhen S.E. 23:00:00 30/05/2024 BST 5-day change 1st Jan Change
15.42 CNY +11.34% Intraday chart for Jiusheng Electric Co., Ltd. +12.23% -15.04%

Valuation

Fiscal Period: December 2021 2022 2023
Capitalization 1 4,020 2,496 2,934
Enterprise Value (EV) 1 4,036 2,519 3,710
P/E ratio 36 x 31.5 x 58.5 x
Yield 1.21% 1.3% 0.99%
Capitalization / Revenue 2.06 x 1.31 x 1.46 x
EV / Revenue 2.07 x 1.32 x 1.85 x
EV / EBITDA 29.5 x 21.1 x 38.4 x
EV / FCF -9,679,580 x 48,261,820 x -4,884,953 x
FCF Yield -0% 0% -0%
Price to Book 3.81 x 2.33 x 2.69 x
Nbr of stocks (in thousands) 161,649 161,649 161,649
Reference price 2 24.87 15.44 18.15
Announcement Date 27/04/22 21/04/23 25/04/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,231 1,256 1,193 1,954 1,911 2,004
EBITDA 1 93.32 118.4 122.3 136.9 119.1 96.7
EBIT 1 80.87 103.9 107.5 121 97.47 71.14
Operating Margin 6.57% 8.28% 9.01% 6.19% 5.1% 3.55%
Earnings before Tax (EBT) 1 73.37 92.27 94.74 99.04 94.48 53.2
Net income 1 64.79 80 81.41 87.93 79 50.68
Net margin 5.27% 6.37% 6.82% 4.5% 4.13% 2.53%
EPS 2 0.5300 0.6599 0.6700 0.6900 0.4900 0.3100
Free Cash Flow - -62.42 -11.51 -416.9 52.2 -759.5
FCF margin - -4.97% -0.96% -21.34% 2.73% -37.89%
FCF Conversion (EBITDA) - - - - 43.81% -
FCF Conversion (Net income) - - - - 66.08% -
Dividend per Share - 0.1500 - 0.3000 0.2000 0.1800
Announcement Date 23/09/21 23/09/21 23/09/21 27/04/22 21/04/23 25/04/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 63.3 109 116 15.5 23.6 776
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 0.6779 x 0.9177 x 0.9509 x 0.113 x 0.1979 x 8.025 x
Free Cash Flow - -62.4 -11.5 -417 52.2 -759
ROE (net income / shareholders' equity) - 23.5% 19.4% 11.8% 7.88% 4.69%
ROA (Net income/ Total Assets) - 5.18% 4.92% 4.29% 2.63% 1.6%
Assets 1 - 1,546 1,653 2,049 3,006 3,163
Book Value Per Share 2 2.600 3.260 3.790 6.530 6.630 6.740
Cash Flow per Share 2 1.360 1.510 1.620 1.830 2.410 1.630
Capex 1 9.45 5.51 18.5 68.5 74 44.4
Capex / Sales 0.77% 0.44% 1.55% 3.51% 3.87% 2.22%
Announcement Date 23/09/21 23/09/21 23/09/21 27/04/22 21/04/23 25/04/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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