Financials KraussMaffei Company Limited

Equities

600579

CNE000001C40

Industrial Machinery & Equipment

End-of-day quote Shanghai S.E. 23:00:00 29/04/2024 BST 5-day change 1st Jan Change
6.12 CNY +1.16% Intraday chart for KraussMaffei Company Limited +10.47% -15.70%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 3,384 5,875 3,620 3,993 3,146 3,605
Enterprise Value (EV) 1 6,196 8,818 7,180 7,699 10,554 6,939
P/E ratio 37.5 x -36.9 x -17.6 x -23.5 x -1.95 x -1.31 x
Yield - - - - - -
Capitalization / Revenue 0.3 x 0.56 x 0.37 x 0.41 x 0.3 x 0.31 x
EV / Revenue 0.55 x 0.83 x 0.73 x 0.78 x 1.01 x 0.6 x
EV / EBITDA 5.79 x 12.4 x 17.1 x 21.1 x 133 x -21.8 x
EV / FCF 22.2 x 49.6 x -23.5 x 184 x -17.8 x -6.04 x
FCF Yield 4.51% 2.01% -4.25% 0.54% -5.63% -16.6%
Price to Book 1.3 x 1.07 x 0.68 x 0.82 x 0.9 x 5.02 x
Nbr of stocks (in thousands) 410,636 883,396 734,238 499,074 497,785 496,491
Reference price 2 8.240 6.650 4.930 8.000 6.320 7.260
Announcement Date 26/04/19 23/04/20 31/03/21 29/04/22 28/04/23 26/04/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 11,304 10,576 9,816 9,855 10,430 11,605
EBITDA 1 1,070 710.1 419.9 364.7 79.14 -317.7
EBIT 1 488.9 86.85 -153.1 -185.6 -461.7 -982.4
Operating Margin 4.33% 0.82% -1.56% -1.88% -4.43% -8.46%
Earnings before Tax (EBT) 1 276 -262.4 -328.7 -384.5 -1,701 -2,665
Net income 1 190.7 -158.4 -230 -246 -1,618 -2,768
Net margin 1.69% -1.5% -2.34% -2.5% -15.51% -23.85%
EPS 2 0.2200 -0.1800 -0.2800 -0.3400 -3.240 -5.560
Free Cash Flow 1 279.3 177.6 -305 41.79 -594.5 -1,149
FCF margin 2.47% 1.68% -3.11% 0.42% -5.7% -9.9%
FCF Conversion (EBITDA) 26.09% 25.01% - 11.46% - -
FCF Conversion (Net income) 146.43% - - - - -
Dividend per Share - - - - - -
Announcement Date 26/04/19 23/04/20 31/03/21 29/04/22 28/04/23 26/04/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 2,812 2,943 3,560 3,707 7,408 3,335
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 2.627 x 4.145 x 8.478 x 10.17 x 93.6 x -10.5 x
Free Cash Flow 1 279 178 -305 41.8 -594 -1,149
ROE (net income / shareholders' equity) 3.52% -2.84% -4.26% -4.84% -38.8% -78%
ROA (Net income/ Total Assets) 1.97% 0.34% -0.59% -0.7% -1.56% -3.1%
Assets 1 9,675 -46,828 38,889 34,993 103,900 89,216
Book Value Per Share 2 6.320 6.220 7.230 9.730 7.010 1.450
Cash Flow per Share 2 0.8900 1.220 1.560 2.820 2.400 2.130
Capex 1 456 607 526 378 837 757
Capex / Sales 4.03% 5.74% 5.36% 3.84% 8.02% 6.52%
Announcement Date 26/04/19 23/04/20 31/03/21 29/04/22 28/04/23 26/04/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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