Financials Shandong Hongyu Precision Machinery Co., Ltd.

Equities

002890

CNE1000032K2

Industrial Machinery & Equipment

End-of-day quote Shenzhen S.E. 23:00:00 12/05/2024 BST 5-day change 1st Jan Change
12.3 CNY -2.30% Intraday chart for Shandong Hongyu Precision Machinery Co., Ltd. -3.83% -20.39%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 2,271 1,230 1,712 1,630 1,627 1,635
Enterprise Value (EV) 1 2,084 1,042 1,506 1,386 1,387 1,363
P/E ratio 48.7 x 43.9 x 198 x 69.8 x 64.5 x 72.3 x
Yield 0.18% - 0.78% 0.57% 0.57% 0.8%
Capitalization / Revenue 8.01 x 5.14 x 6.07 x 4.01 x 3.97 x 4.11 x
EV / Revenue 7.35 x 4.35 x 5.34 x 3.41 x 3.38 x 3.43 x
EV / EBITDA 36.9 x 41.6 x 73.6 x 33.8 x 34.1 x 41.6 x
EV / FCF 99 x -79.5 x 95.6 x 22.6 x 854 x 33.1 x
FCF Yield 1.01% -1.26% 1.05% 4.43% 0.12% 3.03%
Price to Book 4.5 x 2.32 x 3.17 x 2.96 x 2.87 x 2.82 x
Nbr of stocks (in thousands) 130,673 130,673 130,673 130,673 130,673 130,673
Reference price 2 17.38 9.413 13.10 12.47 12.45 12.51
Announcement Date 09/04/18 11/04/19 08/04/20 15/04/21 12/04/22 24/04/23
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 283.5 239.3 282.2 406.3 410.2 397.6
EBITDA 1 56.5 25.07 20.47 40.97 40.7 32.77
EBIT 1 39.74 7.793 3.022 22.55 23.58 17.34
Operating Margin 14.02% 3.26% 1.07% 5.55% 5.75% 4.36%
Earnings before Tax (EBT) 1 46.71 32.36 9.129 26.43 26.86 22.78
Net income 1 40.1 28.13 8.553 23.42 24.74 22.61
Net margin 14.15% 11.75% 3.03% 5.76% 6.03% 5.69%
EPS 2 0.3571 0.2143 0.0663 0.1786 0.1929 0.1731
Free Cash Flow 1 21.04 -13.11 15.76 61.43 1.625 41.23
FCF margin 7.42% -5.48% 5.59% 15.12% 0.4% 10.37%
FCF Conversion (EBITDA) 37.24% - 76.98% 149.93% 3.99% 125.83%
FCF Conversion (Net income) 52.46% - 184.26% 262.28% 6.57% 182.34%
Dividend per Share 2 0.0306 - 0.1020 0.0714 0.0714 0.1000
Announcement Date 09/04/18 11/04/19 08/04/20 15/04/21 12/04/22 24/04/23
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - - - -
Net Cash position 1 188 188 206 244 240 273
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 21 -13.1 15.8 61.4 1.62 41.2
ROE (net income / shareholders' equity) 10.1% 5.43% 1.6% 4.29% 4.43% 3.94%
ROA (Net income/ Total Assets) 4.91% 0.78% 0.3% 2.18% 2.16% 1.49%
Assets 1 816.3 3,588 2,897 1,076 1,147 1,513
Book Value Per Share 2 3.870 4.060 4.140 4.220 4.340 4.440
Cash Flow per Share 2 0.7900 0.2900 0.4300 0.6800 1.150 0.5300
Capex 1 2.26 5.38 8 5.32 3.34 6.08
Capex / Sales 0.8% 2.25% 2.83% 1.31% 0.81% 1.53%
Announcement Date 09/04/18 11/04/19 08/04/20 15/04/21 12/04/22 24/04/23
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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