Financials Suzhou Iron Technology CO.,LTD

Equities

688329

CNE1000053D3

Medical Equipment, Supplies & Distribution

End-of-day quote Shanghai S.E. 23:00:00 08/05/2024 BST 5-day change 1st Jan Change
19.24 CNY +0.79% Intraday chart for Suzhou Iron Technology CO.,LTD +6.65% -22.61%

Valuation

Fiscal Period: December 2021 2022 2023
Capitalization 1 3,249 2,938 1,876
Enterprise Value (EV) 1 3,005 2,832 2,012
P/E ratio 31.9 x 28.7 x 63.7 x
Yield 1.19% 1.31% -
Capitalization / Revenue 8.35 x 6.16 x 5.16 x
EV / Revenue 7.72 x 5.93 x 5.53 x
EV / EBITDA 25.3 x 23.7 x 25.2 x
EV / FCF -67.5 x -39.1 x -14.7 x
FCF Yield -1.48% -2.55% -6.82%
Price to Book 4.05 x 3.47 x 2.31 x
Nbr of stocks (in thousands) 77,200 77,097 75,465
Reference price 2 42.09 38.11 24.86
Announcement Date 29/04/22 20/04/23 23/04/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 239.3 291.4 310 389.3 477.4 363.6
EBITDA 1 68.58 78.59 89.18 118.6 119.4 79.74
EBIT 1 53.35 63.53 73.57 102.1 103.3 64.7
Operating Margin 22.3% 21.8% 23.73% 26.23% 21.63% 17.8%
Earnings before Tax (EBT) 1 59.85 64.05 80.1 109.6 115.7 34.57
Net income 1 51.13 53.56 71.66 95.59 102.4 29.52
Net margin 21.37% 18.38% 23.12% 24.55% 21.45% 8.12%
EPS 2 0.8800 0.9200 1.240 1.320 1.330 0.3900
Free Cash Flow 1 54.06 -58.14 48.27 -44.52 -72.36 -137.2
FCF margin 22.6% -19.95% 15.57% -11.43% -15.16% -37.75%
FCF Conversion (EBITDA) 78.83% - 54.13% - - -
FCF Conversion (Net income) 105.74% - 67.36% - - -
Dividend per Share - 0.5000 0.3000 0.5007 0.5000 -
Announcement Date 28/06/19 29/04/21 29/04/21 29/04/22 20/04/23 23/04/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - 136
Net Cash position 1 48.7 13.2 41.4 245 106 -
Leverage (Debt/EBITDA) - - - - - 1.7 x
Free Cash Flow 1 54.1 -58.1 48.3 -44.5 -72.4 -137
ROE (net income / shareholders' equity) 15.1% 13.9% 16.1% 15.1% 12.3% 3.44%
ROA (Net income/ Total Assets) 6.92% 7.03% 6.6% 6.6% 5.06% 2.83%
Assets 1 739.3 761.8 1,086 1,449 2,025 1,043
Book Value Per Share 2 6.220 7.130 7.870 10.40 11.00 10.80
Cash Flow per Share 2 1.320 1.220 2.980 1.970 2.850 1.690
Capex 1 15.3 45 62.5 84.8 101 72.7
Capex / Sales 6.41% 15.43% 20.17% 21.79% 21.24% 20%
Announcement Date 28/06/19 29/04/21 29/04/21 29/04/22 20/04/23 23/04/24
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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