ZHEJIANG CHENGCHANG TECHNOLOGY CO., LTD. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 40.75 CNY | -2.79% |
|
+0.10% | -15.52% |
Valuation
| Fiscal Period: December | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Capitalization 1 | 13,641 | 9,817 | 8,446 | - | - |
| Enterprise Value (EV) 1 | 13,641 | 9,817 | 8,446 | 8,446 | 8,446 |
| P/E ratio | 92.1 x | 123 x | 42.8 x | 31.9 x | 31.4 x |
| Yield | 0.3% | 0.32% | 0.55% | 0.99% | - |
| Capitalization / Revenue | 49.1 x | 34.2 x | 19.9 x | 12.4 x | 10.7 x |
| EV / Revenue | 49.1 x | 34.2 x | 19.9 x | 12.4 x | 10.7 x |
| EV / EBITDA | 91.7 x | 99.4 x | 52 x | 32.4 x | 27.7 x |
| EV / FCF | - | -74.9 x | -77.5 x | -54.8 x | - |
| FCF Yield | - | -1.34% | -1.29% | -1.82% | - |
| Price to Book | 10 x | 6.97 x | 5.44 x | 4.54 x | 4.24 x |
| Nbr of stocks (in thousands) | 203,500 | 203,500 | 207,270 | - | - |
| Reference price 2 | 67.03 | 48.24 | 40.75 | 40.75 | 40.75 |
| Announcement Date | 28/03/23 | 29/03/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Net sales 1 | - | 277.8 | 287.4 | 424.7 | 680.4 | 786.5 |
| EBITDA 1 | - | 148.7 | 98.81 | 162.3 | 260.3 | 304.9 |
| EBIT 1 | - | 140.2 | 83.27 | 142.4 | 257.8 | 274.1 |
| Operating Margin | - | 50.48% | 28.98% | 33.52% | 37.89% | 34.85% |
| Earnings before Tax (EBT) 1 | - | 142.2 | 79.84 | 141.2 | 257.1 | 271.9 |
| Net income 1 | 160 | 132.7 | 79.71 | 193.7 | 259.8 | 263.9 |
| Net margin | - | 47.79% | 27.74% | 45.6% | 38.19% | 33.55% |
| EPS 2 | 1.048 | 0.7282 | 0.3917 | 0.9513 | 1.278 | 1.296 |
| Free Cash Flow 1 | - | - | -131.1 | -109 | -154 | - |
| FCF margin | - | - | -45.62% | -25.66% | -22.63% | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - |
| Dividend per Share 2 | - | 0.1978 | 0.1538 | 0.2231 | 0.4038 | - |
| Announcement Date | 15/05/22 | 28/03/23 | 29/03/24 | - | - | - |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Net Debt | - | - | - | - | - | - |
| Net Cash position | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - |
| Free Cash Flow 1 | - | - | -131 | -109 | -154 | - |
| ROE (net income / shareholders' equity) | - | 12.4% | 5.76% | 11.8% | 14% | 13.9% |
| ROA (Net income/ Total Assets) | - | 12.2% | 5.5% | 7.95% | 11.5% | 9.3% |
| Assets 1 | - | 1,084 | 1,449 | 2,436 | 2,256 | 2,837 |
| Book Value Per Share 2 | - | 6.700 | 6.920 | 7.490 | 8.980 | 9.620 |
| Cash Flow per Share 2 | - | -0.0200 | -0.0700 | -0 | 0.2400 | 1.070 |
| Capex 1 | - | 75.6 | 117 | 80.1 | 77.8 | 57.7 |
| Capex / Sales | - | 27.22% | 40.58% | 18.86% | 11.43% | 7.34% |
| Announcement Date | 15/05/22 | 28/03/23 | 29/03/24 | - | - | - |
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
Sell
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
39.19
CNY
Average target price
52.69
CNY
Spread / Average Target
+34.46%
EPS Revisions
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -15.52% | 1.16B | |
| +47.78% | 72.9B | |
| +69.27% | 12.02B | |
| +19.73% | 11.81B | |
| +70.66% | 9.95B | |
| +9.27% | 9.93B | |
| +8.24% | 8.88B | |
| -8.01% | 7.96B | |
| +51.22% | 7.59B | |
| -12.97% | 6.82B |
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