Financials Wencan Group Co., Ltd.

Equities

603348

CNE1000031J6

Auto, Truck & Motorcycle Parts

End-of-day quote Shanghai S.E. 23:00:00 09/05/2024 BST 5-day change 1st Jan Change
31.98 CNY -3.67% Intraday chart for Wencan Group Co., Ltd. +6.14% -17.58%

Valuation

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Capitalization 1 6,891 15,313 15,171 8,445 8,445 -
Enterprise Value (EV) 1 6,891 15,313 16,938 12,331 9,890 9,718
P/E ratio 76.1 x 154 x 64 x 204 x 23 x 15.2 x
Yield - 0.26% 0.26% 0.14% 0.99% 1.15%
Capitalization / Revenue - 3.72 x 2.9 x 2.01 x 1.15 x 0.94 x
EV / Revenue - 3.72 x 3.24 x 2.42 x 1.35 x 1.09 x
EV / EBITDA - 24.5 x 24 x 22.3 x 9.2 x 7.07 x
EV / FCF - - -45,096,189 x - - -
FCF Yield - - -0% - - -
Price to Book - 5.71 x 5.03 x 3.21 x 2.39 x 2.08 x
Nbr of stocks (in thousands) 251,496 262,168 263,524 264,064 264,064 -
Reference price 2 27.40 58.41 57.57 31.98 31.98 31.98
Announcement Date 27/04/21 21/04/22 25/04/23 25/04/24 - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Net sales 1 - 4,112 5,230 5,101 7,335 8,943
EBITDA 1 - 625.3 707.2 553.7 1,075 1,374
EBIT 1 - 113.3 314.2 94.45 464.9 671.4
Operating Margin - 2.76% 6.01% 1.85% 6.34% 7.51%
Earnings before Tax (EBT) 1 - 105.9 263.8 80.3 446.3 656.6
Net income 1 83.8 97.17 237.6 50.43 365.9 554.6
Net margin - 2.36% 4.54% 0.99% 4.99% 6.2%
EPS 2 0.3600 0.3800 0.9000 0.1900 1.387 2.102
Free Cash Flow - - -375.6 - - -
FCF margin - - -7.18% - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 - 0.1500 0.1500 0.0462 0.3163 0.3666
Announcement Date 27/04/21 21/04/22 25/04/23 25/04/24 - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales - - - 1,289 2,562 - - - - - - - -
EBITDA - - - - - - - - - - - - -
EBIT - - - - - - - - - - - - -
Operating Margin - - - - - - - - - - - - -
Earnings before Tax (EBT) - - - - - - - - - - - - -
Net income 122.5 - - 11.37 13.91 - - - - - - - -
Net margin - - - 0.88% 0.54% - - - - - - - -
EPS 1 0.4571 -0.0156 0.0100 0.0400 - 0.1327 0.0100 0.2300 0.1700 0.0600 0.1600 0.1400 0.2000
Dividend per Share - - - - - - - - - - - - -
Announcement Date 27/10/22 25/04/23 25/04/23 17/08/23 17/08/23 27/10/23 25/04/24 25/04/24 - - - - -
1CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Net Debt 1 - - 1,767 2,086 1,445 1,273
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) - - 2.499 x 3.768 x 1.345 x 0.9268 x
Free Cash Flow - - -376 - - -
ROE (net income / shareholders' equity) - 3.7% 8.29% 1.6% 10.8% 14.5%
ROA (Net income/ Total Assets) - 1.45% 3.58% 1.18% 4.64% 6.08%
Assets 1 - 6,686 6,641 6,167 7,886 9,116
Book Value Per Share 2 - 10.20 11.40 12.10 13.40 15.40
Cash Flow per Share 2 - 1.580 2.200 2.950 3.060 5.140
Capex 1 - 472 956 903 634 604
Capex / Sales - 11.47% 18.28% 17.7% 8.65% 6.75%
Announcement Date 27/04/21 21/04/22 25/04/23 25/04/24 - -
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
BUY
Number of Analysts
8
Last Close Price
31.98 CNY
Average target price
32.52 CNY
Spread / Average Target
+1.69%
Consensus
  1. Stock Market
  2. Equities
  3. 603348 Stock
  4. Financials Wencan Group Co., Ltd.