Financials Ways Electron Co.,Ltd.

Equities

605218

CNE1000042L9

Electronic Equipment & Parts

End-of-day quote Shanghai S.E. 23:00:00 16/05/2024 BST 5-day change 1st Jan Change
18.64 CNY +2.98% Intraday chart for Ways Electron Co.,Ltd. -2.31% -28.77%

Valuation

Fiscal Period: December 2020 2021 2022 2023
Capitalization 1 3,046 3,488 2,910 5,517
Enterprise Value (EV) 1 2,322 2,959 2,216 5,033
P/E ratio 30.3 x 66.6 x 30.4 x 46.9 x
Yield 0.84% 0.31% 0.72% 1.06%
Capitalization / Revenue 2.76 x 2.91 x 2.14 x 3.52 x
EV / Revenue 2.11 x 2.46 x 1.63 x 3.21 x
EV / EBITDA 20.5 x 48.7 x 25.5 x 44.8 x
EV / FCF -35.4 x -66.6 x 35.3 x -45.3 x
FCF Yield -2.82% -1.5% 2.84% -2.21%
Price to Book 2.74 x 3.06 x 2.42 x 4.35 x
Nbr of stocks (in thousands) 212,833 212,833 210,839 210,829
Reference price 2 14.31 16.39 13.80 26.17
Announcement Date 15/04/21 25/04/22 10/04/23 15/04/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,558 1,230 1,102 1,201 1,359 1,568
EBITDA 1 149.8 128.7 113.2 60.8 87.07 112.3
EBIT 1 133 108.2 89.8 32.59 54.14 73.2
Operating Margin 8.54% 8.79% 8.15% 2.72% 3.98% 4.67%
Earnings before Tax (EBT) 1 155.6 114.3 88.91 48.59 95.85 123.8
Net income 1 138.8 104.1 81.69 52.4 96.14 118
Net margin 8.91% 8.46% 7.42% 4.36% 7.08% 7.53%
EPS 2 0.8737 0.6521 0.4724 0.2462 0.4539 0.5576
Free Cash Flow 1 -157 61.86 -65.53 -44.46 62.86 -111.2
FCF margin -10.08% 5.03% -5.95% -3.7% 4.63% -7.09%
FCF Conversion (EBITDA) - 48.06% - - 72.19% -
FCF Conversion (Net income) - 59.43% - - 65.38% -
Dividend per Share - - 0.1200 0.0500 0.1000 0.2780
Announcement Date 13/12/19 07/09/20 15/04/21 25/04/22 10/04/23 15/04/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 109 240 724 529 693 485
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -157 61.9 -65.5 -44.5 62.9 -111
ROE (net income / shareholders' equity) 41.4% 23.4% 10.1% 4.65% 8.21% 9.55%
ROA (Net income/ Total Assets) 11% 9.03% 5.1% 1.4% 2.27% 2.78%
Assets 1 1,265 1,152 1,601 3,732 4,233 4,249
Book Value Per Share 2 2.470 3.120 5.230 5.360 5.700 6.020
Cash Flow per Share 2 0.7800 1.580 1.380 2.310 2.420 2.440
Capex 1 79.2 63.3 55.8 60.9 53 176
Capex / Sales 5.09% 5.14% 5.07% 5.07% 3.9% 11.21%
Announcement Date 13/12/19 07/09/20 15/04/21 25/04/22 10/04/23 15/04/24
1CNY in Million2CNY
Estimates
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