Financials Lionhead Technology Development Co., Ltd.

Equities

600539

CNE0000018W8

Internet Services

End-of-day quote Shanghai S.E. 23:00:00 29/04/2024 BST 5-day change 1st Jan Change
4.74 CNY -0.42% Intraday chart for Lionhead Technology Development Co., Ltd. +18.50% -33.89%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,467 1,562 1,690 1,868 1,500 1,649
Enterprise Value (EV) 1 1,058 1,173 1,370 1,641 1,238 1,497
P/E ratio 160 x -75.4 x 147 x 135 x 81.5 x -21.1 x
Yield - - - - - -
Capitalization / Revenue 15.8 x 28.3 x 8.15 x 4.01 x 2.55 x 3.6 x
EV / Revenue 11.4 x 21.3 x 6.61 x 3.52 x 2.1 x 3.27 x
EV / EBITDA 75.1 x -286 x 70.2 x 41.2 x 32.6 x -25.6 x
EV / FCF 79.3 x -37 x -18.7 x -71 x 74.4 x -31.1 x
FCF Yield 1.26% -2.7% -5.35% -1.41% 1.34% -3.21%
Price to Book 3.41 x 3.81 x 4.01 x 4.29 x 3.33 x 4.54 x
Nbr of stocks (in thousands) 230,000 230,000 230,000 230,000 230,000 230,000
Reference price 2 6.380 6.790 7.350 8.120 6.520 7.170
Announcement Date 27/03/19 27/04/20 29/04/21 18/04/22 14/04/23 19/04/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 93.06 55.18 207.3 465.7 588.6 458.2
EBITDA 1 14.1 -4.101 19.52 39.87 37.97 -58.4
EBIT 1 13.36 -4.914 17.11 38.46 36.22 -60.67
Operating Margin 14.36% -8.91% 8.26% 8.26% 6.15% -13.24%
Earnings before Tax (EBT) 1 18.32 -17.88 28.89 48.49 46.91 -101.9
Net income 1 10.05 -19.82 11.15 14.45 17.52 -77.59
Net margin 10.8% -35.92% 5.38% 3.1% 2.98% -16.94%
EPS 2 0.0400 -0.0900 0.0500 0.0600 0.0800 -0.3400
Free Cash Flow 1 13.35 -31.71 -73.32 -23.12 16.65 -48.1
FCF margin 14.35% -57.46% -35.37% -4.96% 2.83% -10.5%
FCF Conversion (EBITDA) 94.74% - - - 43.87% -
FCF Conversion (Net income) 132.9% - - - 95.06% -
Dividend per Share - - - - - -
Announcement Date 27/03/19 27/04/20 29/04/21 18/04/22 14/04/23 19/04/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 409 389 320 227 261 152
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 13.4 -31.7 -73.3 -23.1 16.7 -48.1
ROE (net income / shareholders' equity) 3.34% -4.56% 4.6% 6.76% 7.76% -19.2%
ROA (Net income/ Total Assets) 1.7% -0.65% 2.04% 3.77% 3.29% -6.03%
Assets 1 590.4 3,052 545.3 383.6 531.8 1,287
Book Value Per Share 2 1.870 1.780 1.830 1.890 1.960 1.580
Cash Flow per Share 2 1.780 1.260 1.380 1.000 0.7600 0.4300
Capex 1 0.91 0.26 1.46 7.05 4.78 0.9
Capex / Sales 0.98% 0.48% 0.7% 1.51% 0.81% 0.2%
Announcement Date 27/03/19 27/04/20 29/04/21 18/04/22 14/04/23 19/04/24
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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