Financials Xiamen Solex High-tech Industries Co., Ltd.

Equities

603992

CNE100003PF6

Construction Supplies & Fixtures

End-of-day quote Shanghai S.E. 23:00:00 22/05/2024 BST 5-day change 1st Jan Change
18.16 CNY -0.11% Intraday chart for Xiamen Solex High-tech Industries Co., Ltd. -4.37% +0.11%

Valuation

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 7,355 7,864 6,232 7,274 7,409 - -
Enterprise Value (EV) 1 7,355 7,864 6,232 7,274 7,409 7,409 7,409
P/E ratio 27.4 x 26.1 x 23.9 x 19.7 x 15.3 x 12.6 x 10.3 x
Yield - 0.39% 1.26% 1.04% 1.43% 1.71% -
Capitalization / Revenue - 2.64 x 1.96 x 2.44 x 1.98 x 1.61 x 1.24 x
EV / Revenue - 2.64 x 1.96 x 2.44 x 1.98 x 1.61 x 1.24 x
EV / EBITDA - 18.7 x 13 x 13.7 x 11.8 x 10.1 x 9.29 x
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Price to Book - 3.53 x 2.91 x 2.86 x 2.32 x 2.04 x 1.71 x
Nbr of stocks (in thousands) 401,010 401,010 401,010 401,013 407,988 - -
Reference price 2 18.34 19.61 15.54 18.14 18.16 18.16 18.16
Announcement Date 12/04/21 25/04/22 24/04/23 29/04/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net sales 1 - 2,977 3,181 2,983 3,748 4,602 5,989
EBITDA 1 - 420.1 478.1 531 627.5 736.9 797.8
EBIT 1 - 358.4 336.1 379.5 528.8 643 761
Operating Margin - 12.04% 10.57% 12.72% 14.11% 13.97% 12.71%
Earnings before Tax (EBT) 1 - 358.4 320.2 377.9 525.9 652.7 783.3
Net income 1 270.5 301.3 261.1 352.5 484.3 587.6 720.7
Net margin - 10.12% 8.21% 11.81% 12.92% 12.77% 12.03%
EPS 2 0.6700 0.7500 0.6500 0.9200 1.190 1.440 1.770
Free Cash Flow - - - - - - -
FCF margin - - - - - - -
FCF Conversion (EBITDA) - - - - - - -
FCF Conversion (Net income) - - - - - - -
Dividend per Share 2 - 0.0760 0.1960 0.1890 0.2600 0.3100 -
Announcement Date 12/04/21 25/04/22 24/04/23 29/04/24 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow - - - - - - -
ROE (net income / shareholders' equity) - 14.3% 12.8% 15.2% 15.8% 16.8% 16.6%
ROA (Net income/ Total Assets) - 8.92% 6.18% - 10.3% 10.8% -
Assets 1 - 3,378 4,226 - 4,702 5,440 -
Book Value Per Share 2 - 5.550 5.340 6.330 7.820 8.920 10.60
Cash Flow per Share 2 - 0.7200 1.530 1.190 1.340 2.120 0.8400
Capex 1 - 326 210 149 232 263 -
Capex / Sales - 10.97% 6.62% 5.01% 6.19% 5.72% -
Announcement Date 12/04/21 25/04/22 24/04/23 29/04/24 - - -
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

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
18.16 CNY
Average target price
23 CNY
Spread / Average Target
+26.65%
Consensus

Annual profits - Rate of surprise

  1. Stock Market
  2. Equities
  3. 603992 Stock
  4. Financials Xiamen Solex High-tech Industries Co., Ltd.