Financials Xgimi Technology Co.,Ltd.

Equities

688696

CNE100005D76

Household Electronics

End-of-day quote Shanghai S.E. 23:00:00 12/05/2024 BST 5-day change 1st Jan Change
101.2 CNY +11.86% Intraday chart for Xgimi Technology Co.,Ltd. +3.46% -10.44%

Valuation

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Capitalization 1 27,600 11,634 7,894 7,055 - -
Enterprise Value (EV) 1 27,600 10,451 6,328 5,428 5,295 5,088
P/E ratio 54.7 x 23.2 x 63.8 x 34.8 x 25 x 21.9 x
Yield 0.54% 1.29% 0.27% 1.15% 1.43% 2.01%
Capitalization / Revenue 6.84 x 2.76 x 2.22 x 1.79 x 1.56 x 1.42 x
EV / Revenue 6.84 x 2.48 x 1.78 x 1.37 x 1.17 x 1.02 x
EV / EBITDA 47.2 x 17.7 x 46.3 x 20.3 x 16.3 x 14.4 x
EV / FCF 63.3 x -56.6 x - 4.74 x -10.1 x 175 x
FCF Yield 1.58% -1.77% - 21.1% -9.9% 0.57%
Price to Book 9.99 x 3.71 x 2.54 x 2.15 x 2.01 x 1.93 x
Nbr of stocks (in thousands) 70,000 70,000 69,872 69,732 - -
Reference price 2 394.3 166.2 113.0 101.2 101.2 101.2
Announcement Date 24/02/22 02/02/23 23/02/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,828 4,038 4,222 3,558 3,949 4,513 4,985
EBITDA 1 - 584.9 590.4 136.7 266.8 325.6 352.4
EBIT 1 - 541.6 509.3 34.81 217.2 280.8 330
Operating Margin - 13.41% 12.06% 0.98% 5.5% 6.22% 6.62%
Earnings before Tax (EBT) 1 - 542.7 508.4 32.75 217.1 302.8 346
Net income 1 - 483.5 501.5 124.1 203.1 283.3 323.3
Net margin - 11.97% 11.88% 3.49% 5.14% 6.28% 6.48%
EPS 2 5.121 7.207 7.160 1.770 2.903 4.047 4.617
Free Cash Flow 1 - 435.8 -184.5 - 1,145 -524 29
FCF margin - 10.79% -4.37% - 29% -11.61% 0.58%
FCF Conversion (EBITDA) - 74.51% - - 429.16% - 8.23%
FCF Conversion (Net income) - 90.13% - - 563.75% - 8.97%
Dividend per Share 2 - 2.143 2.147 0.3000 1.165 1.450 2.035
Announcement Date 03/02/21 24/02/22 02/02/23 23/02/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 - 1,023 2,036 846.4 1,340 883.7 743.1 795 1,136 825.5 829.9 857.9 1,306
EBITDA - - - - - - - - - - - - -
EBIT 1 - 118.1 - 73.46 176.1 62.34 -13.9 -3.642 - 16.88 -25.91 6.264 65.3
Operating Margin - 11.55% - 8.68% 13.14% 7.05% -1.87% -0.46% - 2.04% -3.12% 0.73% 5%
Earnings before Tax (EBT) - - - - - - - - - - - - -
Net income 121.5 - - - - - - - - - - - -
Net margin - - - - - - - - - - - - -
EPS - - - - - - - - - - - - -
Dividend per Share - - - - - - - - - - - - -
Announcement Date 28/04/22 19/08/22 19/08/22 27/10/22 02/02/23 27/04/23 30/08/23 30/10/23 23/02/24 29/04/24 - - -
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - -
Net Cash position 1 - - 1,183 1,566 1,627 1,760 1,967
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow 1 - 436 -185 - 1,145 -524 29
ROE (net income / shareholders' equity) - 21.2% 17.2% 3.98% 6.21% 8.13% 8.77%
ROA (Net income/ Total Assets) - 11.4% 9.9% - 3.7% 5.2% 4.8%
Assets 1 - 4,231 5,067 - 5,489 5,448 6,735
Book Value Per Share 2 - 39.50 44.80 44.50 47.00 50.40 52.50
Cash Flow per Share 2 - 7.660 -0.8400 5.400 3.520 3.310 7.940
Capex 1 - 100 126 64.7 170 232 64.2
Capex / Sales - 2.49% 2.97% 1.82% 4.31% 5.15% 1.29%
Announcement Date 03/02/21 24/02/22 02/02/23 23/02/24 - - -
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
6
Last Close Price
101.2 CNY
Average target price
103 CNY
Spread / Average Target
+1.80%
Consensus

Quarterly revenue - Rate of surprise

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