Financials Winner Technology Co., Inc.

Equities

300609

CNE100002PV5

IT Services & Consulting

End-of-day quote Shenzhen S.E. 23:00:00 26/06/2024 BST 5-day change 1st Jan Change
19.63 CNY +1.03% Intraday chart for Winner Technology Co., Inc. +5.88% -28.10%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,737 3,746 2,115 2,009 1,822 3,247
Enterprise Value (EV) 1 2,510 3,623 1,596 1,552 1,457 2,967
P/E ratio 42.4 x 55.3 x -246 x 60.1 x -50.1 x -98.1 x
Yield 0.92% - 1.44% 1.43% - 0.73%
Capitalization / Revenue 11 x 11.5 x 9.67 x 5.17 x 5.04 x 8.63 x
EV / Revenue 10.1 x 11.2 x 7.3 x 3.99 x 4.04 x 7.89 x
EV / EBITDA 38 x 68.9 x -70.2 x 94.1 x -45.5 x -389 x
EV / FCF -28 x -65.5 x -7.28 x -107 x -28 x -70.9 x
FCF Yield -3.57% -1.53% -13.7% -0.93% -3.57% -1.41%
Price to Book 5.2 x 6.36 x 1.9 x 1.85 x 1.74 x 3.01 x
Nbr of stocks (in thousands) 100,902 101,089 121,528 115,256 117,671 118,956
Reference price 2 27.13 37.06 17.40 17.43 15.48 27.30
Announcement Date 01/04/19 23/04/20 27/04/21 25/04/22 21/04/23 26/04/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 249.2 324.8 218.8 388.5 361.1 376.2
EBITDA 1 66 52.56 -22.73 16.48 -32 -7.634
EBIT 1 61.35 47.28 -29.89 3.521 -52.9 -32.8
Operating Margin 24.62% 14.56% -13.67% 0.91% -14.65% -8.72%
Earnings before Tax (EBT) 1 73.64 73.41 -11.71 43.85 -46.59 -27.27
Net income 1 65.55 68.45 -8.13 35.54 -37.67 -34.03
Net margin 26.31% 21.08% -3.72% 9.15% -10.43% -9.04%
EPS 2 0.6400 0.6699 -0.0707 0.2900 -0.3089 -0.2783
Free Cash Flow 1 -89.53 -55.35 -219.2 -14.49 -52 -41.86
FCF margin -35.93% -17.04% -100.19% -3.73% -14.4% -11.13%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 0.2500 - 0.2500 0.2500 - 0.2000
Announcement Date 01/04/19 23/04/20 27/04/21 25/04/22 21/04/23 26/04/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 227 123 518 457 364 280
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -89.5 -55.4 -219 -14.5 -52 -41.9
ROE (net income / shareholders' equity) 13.3% 12.8% -1.09% 3.89% -2.74% -2.21%
ROA (Net income/ Total Assets) 6.62% 4.38% -1.89% 0.17% -2.54% -1.55%
Assets 1 989.7 1,562 429.9 20,870 1,483 2,198
Book Value Per Share 2 5.210 5.830 9.160 9.450 8.900 9.060
Cash Flow per Share 2 2.260 1.310 2.510 2.880 1.500 2.640
Capex 1 77.9 94.7 238 51.2 49.2 145
Capex / Sales 31.27% 29.17% 108.82% 13.17% 13.62% 38.63%
Announcement Date 01/04/19 23/04/20 27/04/21 25/04/22 21/04/23 26/04/24
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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