Financials Sanyou Corporation Limited

Equities

300932

CNE100004CQ9

Electrical Components & Equipment

End-of-day quote Shenzhen S.E. 23:00:00 12/05/2024 BST 5-day change 1st Jan Change
12.24 CNY -1.37% Intraday chart for Sanyou Corporation Limited +2.86% -24.82%

Valuation

Fiscal Period: December 2021 2022 2023
Capitalization 1 4,786 2,524 2,863
Enterprise Value (EV) 1 4,481 2,517 3,060
P/E ratio 40.1 x 33.4 x 62.6 x
Yield 0.79% 0.91% 1.35%
Capitalization / Revenue 2.83 x 1.36 x 1.56 x
EV / Revenue 2.65 x 1.36 x 1.67 x
EV / EBITDA 28.1 x 21.3 x 19.7 x
EV / FCF -21.3 x -7.89 x -15.1 x
FCF Yield -4.7% -12.7% -6.64%
Price to Book 2.9 x 1.49 x 1.67 x
Nbr of stocks (in thousands) 175,881 175,881 175,881
Reference price 2 27.21 14.35 16.28
Announcement Date 24/04/22 26/04/23 23/04/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 942.7 1,109 1,312 1,692 1,852 1,836
EBITDA 1 134.1 165 215.7 159.5 118.3 155.4
EBIT 1 93.7 119.8 167.1 101.9 38.96 40.97
Operating Margin 9.94% 10.8% 12.74% 6.02% 2.1% 2.23%
Earnings before Tax (EBT) 1 85.4 112.2 170.9 129.2 62.72 44.61
Net income 1 75.85 100.7 149.7 117.2 75.86 46.39
Net margin 8.05% 9.08% 11.41% 6.93% 4.1% 2.53%
EPS 2 0.6523 0.7643 1.136 0.6786 0.4300 0.2600
Free Cash Flow 1 1.273 5.703 -89 -210.5 -319.1 -203.2
FCF margin 0.14% 0.51% -6.79% -12.44% -17.23% -11.07%
FCF Conversion (EBITDA) 0.95% 3.46% - - - -
FCF Conversion (Net income) 1.68% 5.67% - - - -
Dividend per Share - - 0.2500 0.2143 0.1300 0.2200
Announcement Date 28/06/19 18/01/21 27/04/21 24/04/22 26/04/23 23/04/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 69.6 65.2 126 - - 197
Net Cash position 1 - - - 305 7.27 -
Leverage (Debt/EBITDA) 0.5189 x 0.3953 x 0.5826 x - - 1.265 x
Free Cash Flow 1 1.27 5.7 -89 -210 -319 -203
ROE (net income / shareholders' equity) 13.5% 14.7% 18.8% 9.48% 4.39% 2.64%
ROA (Net income/ Total Assets) 5.68% 6.63% 8.08% 3.25% 0.92% 0.91%
Assets 1 1,334 1,519 1,852 3,610 8,273 5,088
Book Value Per Share 2 4.730 5.480 6.620 9.390 9.610 9.740
Cash Flow per Share 2 0.5500 0.5500 0.3700 1.150 1.590 1.080
Capex 1 48.2 74.3 110 297 455 350
Capex / Sales 5.12% 6.7% 8.4% 17.56% 24.56% 19.07%
Announcement Date 28/06/19 18/01/21 27/04/21 24/04/22 26/04/23 23/04/24
1CNY in Million2CNY
Estimates
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