Projected Income Statement: Wingtech Technology Co.,Ltd

Forecast Balance Sheet: Wingtech Technology Co.,Ltd

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Net Debt 1 3,378 5,271 9,986 11,628 10,560 -2,545 -5,217 -7,626
Change - 56.04% 89.45% 16.44% -9.18% -124.1% -104.99% -46.18%
Announcement Date 29/04/21 25/04/22 28/04/23 22/04/24 25/04/25 - - -
1CNY in Million
Estimates

Cash Flow Forecast: Wingtech Technology Co.,Ltd

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
CAPEX 1 2,222 5,061 6,914 4,831 2,924 2,442 2,907 3,373
Change - 127.76% 36.61% -30.13% -39.48% -16.48% 19.04% 16.03%
Free Cash Flow (FCF) 1 4,392 -3,312 -5,250 993.8 1,568 3,453 2,372 1,365
Change - -175.4% -58.52% 118.93% 57.8% 120.19% -31.31% -42.45%
Announcement Date 29/04/21 25/04/22 28/04/23 22/04/24 25/04/25 - - -
1CNY in Million
Estimates

Forecast Financial Ratios: Wingtech Technology Co.,Ltd

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027

Profitability

        
EBITDA Margin (%) 8.33% 8.87% 7.94% 7.82% 1.4% 13.1% 34.62% 34.63%
EBIT Margin (%) 5.18% 5.59% 3.64% 3.25% -2.56% 6.03% 22.39% 22.81%
EBT Margin (%) 5.13% 5.64% 3.63% 3.24% -2.6% 7.05% 21.2% 22.71%
Net margin (%) 4.67% 4.95% 2.51% 1.93% -3.85% 5.46% 16.51% 17.72%
FCF margin (%) 8.49% -6.28% -9.04% 1.62% 2.13% 10.22% 13.28% 6.84%
FCF / Net Income (%) 181.85% -126.82% -359.63% 84.13% -55.35% 187.04% 80.47% 38.59%

Profitability

        
ROA 3.86% 3.94% - 1.53% -3.73% 3.14% 5.35% 6.24%
ROE 9.74% 8.39% 4.19% 3.18% -7.92% 4.98% 7.77% 8.52%

Financial Health

        
Leverage (Debt/EBITDA) 0.78x 1.13x 2.16x 2.43x 10.24x - - -
Debt / Free cash flow 0.77x -1.59x -1.9x 11.7x 6.73x - - -

Capital Intensity

        
CAPEX / Current Assets (%) 4.3% 9.6% 11.9% 7.89% 3.97% 7.23% 16.28% 16.89%
CAPEX / EBITDA (%) 51.59% 108.2% 149.84% 100.85% 283.46% 55.16% 47.03% 48.78%
CAPEX / FCF (%) 50.59% -152.82% -131.7% 486.07% 186.44% 70.72% 122.55% 247.11%

Items per share

        
Cash flow per share 1 5.313 1.404 1.335 4.686 3.609 2.81 5.71 5.12
Change - -73.58% -4.88% 251.01% -22.99% -22.14% 103.2% -10.33%
Dividend per Share 1 0.165 0.2038 - 0.125 - 0.0241 0.161 0.236
Change - 23.53% - - - - 568.22% 46.57%
Book Value Per Share 1 23.34 25.8 27.57 28.66 26.37 29.09 31.45 34.22
Change - 10.54% 6.83% 3.98% -7.98% 10.3% 8.12% 8.79%
EPS 1 2.06 2.11 1.18 0.95 -2.28 1.627 2.363 2.836
Change - 2.43% -44.08% -19.49% -340% 171.35% 45.23% 20.03%
Nbr of stocks (in thousands) 1,244,938 1,245,060 1,246,343 1,242,809 1,239,740 1,222,650 1,222,650 1,222,650
Announcement Date 29/04/21 25/04/22 28/04/23 22/04/24 25/04/25 - - -
1CNY
Estimates
2025 *2026 *
P/E ratio 19.4x 13.4x
PBR 1.09x 1.01x
EV / Sales 1.07x 1.87x
Yield 0.08% 0.51%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
A
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
7
Last Close Price
31.63CNY
Average target price
51.32CNY
Spread / Average Target
+62.25%

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Equities
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  4. Financials Wingtech Technology Co.,Ltd