End-of-day quote
Shanghai S.E.
23:00:00 14/05/2024 BST
|
5-day change
|
1st Jan Change
|
84.36
CNY
|
-3.36%
|
|
-7.43%
|
-6.78%
|
Fiscal Period: December |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
7,844
|
24,245
|
31,048
|
20,246
|
18,880
|
-
|
-
|
Enterprise Value (EV)
1 |
7,844
|
24,245
|
30,986
|
20,189
|
18,944
|
18,807
|
18,668
|
P/E ratio
|
45.2
x
|
65.4
x
|
41.2
x
|
16.8
x
|
9.34
x
|
7.62
x
|
6.44
x
|
Yield
|
0.75%
|
0.65%
|
0.8%
|
2.21%
|
3.72%
|
4.17%
|
4.8%
|
Capitalization / Revenue
|
6.86
x
|
11.8
x
|
8.77
x
|
3.21
x
|
1.69
x
|
1.43
x
|
1.2
x
|
EV / Revenue
|
6.86
x
|
11.8
x
|
8.75
x
|
3.2
x
|
1.7
x
|
1.42
x
|
1.19
x
|
EV / EBITDA
|
-
|
56.5
x
|
37.2
x
|
13
x
|
6.85
x
|
5.82
x
|
4.89
x
|
EV / FCF
|
-
|
-
|
96.6
x
|
90
x
|
4.57
x
|
11.2
x
|
6.02
x
|
FCF Yield
|
-
|
-
|
1.04%
|
1.11%
|
21.9%
|
8.9%
|
16.6%
|
Price to Book
|
7.2
x
|
17.2
x
|
12.1
x
|
5.8
x
|
3.81
x
|
2.7
x
|
2.05
x
|
Nbr of stocks (in thousands)
|
207,454
|
207,454
|
223,982
|
223,715
|
223,805
|
-
|
-
|
Reference price
2 |
37.81
|
116.9
|
138.6
|
90.50
|
84.36
|
84.36
|
84.36
|
Announcement Date
|
24/02/21
|
21/02/22
|
27/02/23
|
22/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
1,144
|
2,047
|
3,540
|
6,304
|
11,139
|
13,200
|
15,672
|
EBITDA
1 |
-
|
429.4
|
833.5
|
1,557
|
2,764
|
3,231
|
3,820
|
EBIT
1 |
179
|
418.6
|
800.5
|
1,484
|
2,575
|
2,984
|
3,533
|
Operating Margin
|
15.65%
|
20.45%
|
22.62%
|
23.54%
|
23.12%
|
22.61%
|
22.54%
|
Earnings before Tax (EBT)
1 |
178.9
|
418.1
|
795.3
|
1,478
|
2,364
|
2,897
|
3,438
|
Net income
1 |
155.4
|
370.7
|
712.7
|
1,255
|
1,925
|
2,448
|
2,901
|
Net margin
|
13.58%
|
18.11%
|
20.14%
|
19.91%
|
17.28%
|
18.55%
|
18.51%
|
EPS
2 |
0.8371
|
1.788
|
3.366
|
5.380
|
9.035
|
11.06
|
13.10
|
Free Cash Flow
1 |
-
|
-
|
320.8
|
224.3
|
4,149
|
1,674
|
3,099
|
FCF margin
|
-
|
-
|
9.06%
|
3.56%
|
37.25%
|
12.69%
|
19.77%
|
FCF Conversion (EBITDA)
|
-
|
-
|
38.49%
|
14.41%
|
150.09%
|
51.83%
|
81.13%
|
FCF Conversion (Net income)
|
-
|
-
|
45.02%
|
17.86%
|
215.5%
|
68.4%
|
106.81%
|
Dividend per Share
2 |
0.2854
|
0.7610
|
1.103
|
2.000
|
3.140
|
3.518
|
4.047
|
Announcement Date
|
24/02/21
|
21/02/22
|
27/02/23
|
22/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2022 Q3
|
2023 Q1
|
2023 Q2
|
2024 Q1
|
---|
Net sales
|
-
|
1,039
|
-
|
-
|
EBITDA
|
-
|
-
|
-
|
-
|
EBIT
|
-
|
-
|
-
|
-
|
Operating Margin
|
-
|
-
|
-
|
-
|
Earnings before Tax (EBT)
|
-
|
-
|
-
|
-
|
Net income
1 |
175.3
|
221.2
|
301.3
|
332.8
|
Net margin
|
-
|
21.29%
|
-
|
-
|
EPS
|
0.8228
|
0.9862
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
Announcement Date
|
23/10/22
|
27/04/23
|
27/08/23
|
22/04/24
|
Fiscal Period: December |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
64
|
-
|
-
|
Net Cash position
1 |
-
|
-
|
62.7
|
56.9
|
-
|
73
|
212
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
0.0232
x
|
-
|
-
|
Free Cash Flow
1 |
-
|
-
|
321
|
224
|
4,149
|
1,675
|
3,099
|
ROE (net income / shareholders' equity)
|
19%
|
29.8%
|
37.8%
|
41.8%
|
42.4%
|
36.4%
|
32.6%
|
ROA (Net income/ Total Assets)
|
7.13%
|
8.82%
|
11.1%
|
10.4%
|
11.3%
|
9.62%
|
9.33%
|
Assets
1 |
2,180
|
4,205
|
6,395
|
12,066
|
17,038
|
25,457
|
31,108
|
Book Value Per Share
2 |
5.250
|
6.790
|
11.50
|
15.60
|
22.20
|
31.20
|
41.10
|
Cash Flow per Share
2 |
0.7400
|
1.530
|
2.580
|
3.480
|
9.830
|
9.100
|
13.20
|
Capex
1 |
122
|
193
|
257
|
558
|
822
|
356
|
457
|
Capex / Sales
|
10.7%
|
9.43%
|
7.26%
|
8.85%
|
7.38%
|
2.7%
|
2.92%
|
Announcement Date
|
24/02/21
|
21/02/22
|
27/02/23
|
22/02/24
|
-
|
-
|
-
|
Last Close Price
84.36
CNY Average target price
140.7
CNY Spread / Average Target +66.82% Consensus |
1st Jan change
|
Capi.
|
---|
| -6.78% | 2.7B | | +5.30% | 13.13B | | +28.17% | 6.55B | | -0.87% | 3.03B | | -14.62% | 1.59B | | -5.08% | 1B | | -40.53% | 775M | | -34.33% | 640M | | -0.95% | 639M | | +9.14% | 578M |
Welding & Soldering Equipment
|