Financials Shenzhen Yinghe Technology Co., Ltd

Equities

300457

CNE100001ZM5

Industrial Machinery & Equipment

End-of-day quote Shenzhen S.E. 23:00:00 29/04/2024 BST 5-day change 1st Jan Change
16.46 CNY -0.12% Intraday chart for Shenzhen Yinghe Technology Co., Ltd +12.13% -10.74%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 12,765 19,519 19,954 11,347 11,905 10,627 - -
Enterprise Value (EV) 1 12,791 17,403 17,926 9,558 9,265 6,681 6,001 3,009
P/E ratio 62.9 x 93.9 x 64 x 23.6 x 21.7 x 11.3 x 9.54 x 6.87 x
Yield 0.21% 0.17% 0.33% 1.25% 0.95% 1.77% 1.7% 2.14%
Capitalization / Revenue 7.65 x 8.18 x 3.84 x 1.26 x 1.22 x 0.96 x 0.84 x 0.7 x
EV / Revenue 7.66 x 7.3 x 3.45 x 1.06 x 0.95 x 0.6 x 0.47 x 0.2 x
EV / EBITDA 45.5 x 60 x 50.2 x 14.6 x 7.02 x 3.25 x 3.57 x 1.25 x
EV / FCF -37,551,994 x -306,988,303 x -1,645,328,726 x 67,172,593 x - - - -
FCF Yield -0% -0% -0% 0% - - - -
Price to Book 3.98 x 3.72 x 3.61 x 2 x 1.94 x 1.53 x 1.35 x 1.28 x
Nbr of stocks (in thousands) 564,005 649,538 649,538 642,156 645,622 645,622 - -
Reference price 2 22.63 30.05 30.72 17.67 18.44 16.46 16.46 16.46
Announcement Date 27/02/20 22/03/21 24/03/22 28/03/23 26/03/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,670 2,385 5,202 9,020 9,750 11,114 12,698 15,104
EBITDA 1 281.3 290.3 356.9 652.7 1,319 2,059 1,683 2,407
EBIT 1 254.1 213.3 279.1 550.9 1,120 1,916 1,806 2,831
Operating Margin 15.21% 8.95% 5.37% 6.11% 11.49% 17.24% 14.22% 18.74%
Earnings before Tax (EBT) 1 256 213.9 282 521.3 1,113 1,905 1,690 3,353
Net income 1 201.3 190.7 311.4 487.4 553.8 946.1 1,120 1,555
Net margin 12.06% 8% 5.99% 5.4% 5.68% 8.51% 8.82% 10.3%
EPS 2 0.3600 0.3200 0.4800 0.7500 0.8500 1.457 1.726 2.396
Free Cash Flow -340.6 -56.69 -10.9 142.3 - - - -
FCF margin -20.4% -2.38% -0.21% 1.58% - - - -
FCF Conversion (EBITDA) - - - 21.8% - - - -
FCF Conversion (Net income) - - - 29.19% - - - -
Dividend per Share 2 0.0467 0.0500 0.1000 0.2200 0.1750 0.2913 0.2797 0.3516
Announcement Date 27/02/20 22/03/21 24/03/22 28/03/23 26/03/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 - - - - - - 1,738 - - 2,253 1,866 3,545 3,117 2,595 2,237 3,940
EBITDA 1 - - - - - - - - - - - 648.4 670.7 467.8 263 663.8
EBIT 1 - - - - - - - - - - - 612.6 634.9 432 223.1 623.9
Operating Margin - - - - - - - - - - - 17.28% 20.37% 16.65% 9.97% 15.83%
Earnings before Tax (EBT) - - - - - - - - - - - - - - - -
Net income 1 272 - - - - - 103 - - - - 320.6 305.5 172.6 145.9 376.9
Net margin - - - - - - 5.93% - - - - 9.04% 9.8% 6.65% 6.52% 9.57%
EPS 2 0.4800 0.2200 0.1000 0.3100 0.1366 0.2100 0.1600 0.3000 0.3300 0.0600 0.2400 0.4936 0.4704 0.2657 0.2247 0.5802
Dividend per Share 2 - - - - - - - - - - - - - 0.2913 - -
Announcement Date 27/08/20 24/03/22 26/04/22 24/08/22 25/10/22 28/03/23 25/04/23 24/08/23 23/10/23 26/03/24 26/04/24 - - - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 26 - - - - - - -
Net Cash position 1 - 2,115 2,027 1,789 2,640 3,946 4,626 7,618
Leverage (Debt/EBITDA) 0.0924 x - - - - - - -
Free Cash Flow -341 -56.7 -10.9 142 - - - -
ROE (net income / shareholders' equity) 5.42% 4.93% 5.78% 8.5% 9.3% 12.8% 13.8% 16.8%
ROA (Net income/ Total Assets) 3.04% 2.77% 2.99% 3.35% 3.26% 4.43% 5.5% 5.65%
Assets 1 6,613 6,874 10,411 14,561 16,973 21,340 20,367 27,529
Book Value Per Share 2 5.690 8.080 8.500 8.850 9.510 10.80 12.20 12.80
Cash Flow per Share 2 0.2200 0.3100 0.6900 0.5100 2.150 2.210 2.210 2.980
Capex 1 466 260 462 187 191 200 283 325
Capex / Sales 27.92% 10.92% 8.87% 2.07% 1.96% 1.8% 2.23% 2.15%
Announcement Date 27/02/20 22/03/21 24/03/22 28/03/23 26/03/24 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
7
Last Close Price
16.46 CNY
Average target price
19.42 CNY
Spread / Average Target
+17.98%
Consensus
  1. Stock Market
  2. Equities
  3. 300457 Stock
  4. Financials Shenzhen Yinghe Technology Co., Ltd