Financials Xinya Electronic Co., Ltd.

Equities

605277

CNE100004C52

Electrical Components & Equipment

End-of-day quote Shanghai S.E. 23:00:00 29/04/2024 BST 5-day change 1st Jan Change
16.58 CNY +0.55% Intraday chart for Xinya Electronic Co., Ltd. +10.61% +10.98%

Valuation

Fiscal Period: December 2021 2022 2023
Capitalization 1 4,157 2,917 3,900
Enterprise Value (EV) 1 3,720 3,822 4,770
P/E ratio 24.2 x 20.2 x 27.2 x
Yield 3.28% 1.3% -
Capitalization / Revenue 2.82 x 1.73 x 1.22 x
EV / Revenue 2.52 x 2.27 x 1.5 x
EV / EBITDA 18.4 x 20.1 x 18.6 x
EV / FCF -33.8 x -6.86 x 103 x
FCF Yield -2.96% -14.6% 0.97%
Price to Book 3.6 x 2.44 x 2.97 x
Nbr of stocks (in thousands) 259,793 259,793 261,057
Reference price 2 16.00 11.23 14.94
Announcement Date 28/03/22 26/04/23 26/04/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 895.5 928.7 1,001 1,474 1,686 3,186
EBITDA 1 125.2 139.7 162.5 202.5 189.8 256.7
EBIT 1 117.5 130.9 152 191.2 172.5 203.5
Operating Margin 13.12% 14.09% 15.19% 12.97% 10.23% 6.39%
Earnings before Tax (EBT) 1 130 141.6 155 211.6 180.9 169.2
Net income 1 106.5 108.3 119.1 168.5 143.7 144.4
Net margin 11.89% 11.66% 11.9% 11.43% 8.52% 4.53%
EPS 2 0.5566 0.5671 0.6249 0.6617 0.5547 0.5500
Free Cash Flow 1 30.66 28.97 -1.584 -110.2 -556.8 46.37
FCF margin 3.42% 3.12% -0.16% -7.47% -33.02% 1.46%
FCF Conversion (EBITDA) 24.48% 20.74% - - - 18.06%
FCF Conversion (Net income) 28.79% 26.75% - - - 32.11%
Dividend per Share - - 0.1575 0.5251 0.1460 -
Announcement Date 28/06/19 21/12/20 15/04/21 28/03/22 26/04/23 26/04/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 25.5 - - - 905 869
Net Cash position 1 - 10.1 550 437 - -
Leverage (Debt/EBITDA) 0.2035 x - - - 4.772 x 3.386 x
Free Cash Flow 1 30.7 29 -1.58 -110 -557 46.4
ROE (net income / shareholders' equity) 41.8% 32.8% 17.1% 15.5% 12.2% 11.4%
ROA (Net income/ Total Assets) 13.7% 15.7% 10.6% 9.11% 5.22% 4.39%
Assets 1 778.4 690.2 1,128 1,849 2,754 3,293
Book Value Per Share 2 0.5300 1.960 4.000 4.450 4.600 5.030
Cash Flow per Share 2 0.1200 0.3700 2.320 0.7000 0.5000 0.6300
Capex 1 2.94 54.5 52.4 179 193 143
Capex / Sales 0.33% 5.86% 5.24% 12.11% 11.45% 4.5%
Announcement Date 28/06/19 21/12/20 15/04/21 28/03/22 26/04/23 26/04/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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