Financials Ninestar Corporation

Equities

002180

CNE1000007W9

Computer Hardware

End-of-day quote Shenzhen S.E. 23:00:00 04/07/2024 BST 5-day change 1st Jan Change
27.05 CNY +1.42% Intraday chart for Ninestar Corporation +2.38% +19.53%

Valuation

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 28,720 67,386 73,247 31,952 38,196 - -
Enterprise Value (EV) 1 28,720 67,386 73,247 31,952 38,196 38,196 38,196
P/E ratio 325 x 48.7 x 39.4 x -5.15 x 29.6 x 21.1 x 16.7 x
Yield - - 0.23% - - - -
Capitalization / Revenue - 2.96 x 2.83 x 1.33 x 1.39 x 1.25 x 1.12 x
EV / Revenue - 2.96 x 2.83 x 1.33 x 1.39 x 1.25 x 1.12 x
EV / EBITDA - 21.4 x 21.9 x 12.5 x 10.3 x 8.53 x 7.37 x
EV / FCF - - 1,326 x 11 x 7.24 x - -
FCF Yield - - 0.08% 9.05% 13.8% - -
Price to Book - 4.71 x 4.63 x 3.38 x 3.59 x 3.09 x 2.61 x
Nbr of stocks (in thousands) 1,074,453 1,410,937 1,411,573 1,411,949 1,412,048 - -
Reference price 2 26.73 47.76 51.89 22.63 27.05 27.05 27.05
Announcement Date 16/03/21 08/04/22 06/04/23 26/04/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net sales 1 - 22,792 25,855 24,062 27,521 30,666 34,058
EBITDA 1 - 3,155 3,352 2,552 3,705 4,480 5,185
EBIT 1 - 2,025 2,407 -9,156 1,555 2,307 3,162
Operating Margin - 8.89% 9.31% -38.05% 5.65% 7.52% 9.29%
Earnings before Tax (EBT) 1 - 2,006 2,383 -9,160 1,551 2,305 3,160
Net income 1 87.65 1,163 1,863 -6,185 1,295 1,818 2,286
Net margin - 5.1% 7.21% -25.7% 4.71% 5.93% 6.71%
EPS 2 0.0823 0.9797 1.318 -4.395 0.9125 1.282 1.615
Free Cash Flow 1 - - 55.22 2,893 5,277 - -
FCF margin - - 0.21% 12.02% 19.17% - -
FCF Conversion (EBITDA) - - 1.65% 113.37% 142.44% - -
FCF Conversion (Net income) - - 2.96% - 407.5% - -
Dividend per Share - - 0.1200 - - - -
Announcement Date 16/03/21 08/04/22 06/04/23 26/04/24 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow 1 - - 55.2 2,893 5,277 - -
ROE (net income / shareholders' equity) - 12.1% 12.3% -49% 10.9% 13.6% 16.3%
ROA (Net income/ Total Assets) - - 4.16% -14.7% 2.9% 3.65% 3.6%
Assets 1 - - 44,807 42,151 44,654 49,802 63,486
Book Value Per Share 2 - 10.10 11.20 6.700 7.530 8.770 10.30
Cash Flow per Share 2 - 2.020 0.8000 2.030 2.580 2.670 3.400
Capex 1 - 699 1,074 956 516 700 391
Capex / Sales - 3.07% 4.15% 3.97% 1.88% 2.28% 1.15%
Announcement Date 16/03/21 08/04/22 06/04/23 26/04/24 - - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
27.05 CNY
Average target price
34.15 CNY
Spread / Average Target
+26.26%
Consensus

Annual profits - Rate of surprise

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