Financials Zhejiang JW Precision Machinery Co.,Ltd

Equities

300984

CNE100004KV2

Industrial Machinery & Equipment

End-of-day quote Shenzhen S.E. 23:00:00 07/05/2024 BST 5-day change 1st Jan Change
22.7 CNY -1.35% Intraday chart for Zhejiang JW Precision Machinery Co.,Ltd +2.85% -18.81%

Valuation

Fiscal Period: December 2021 2022 2023
Capitalization 1 2,959 1,564 2,147
Enterprise Value (EV) 1 2,977 1,721 2,348
P/E ratio 41.1 x 34.5 x 58.3 x
Yield 0.81% 2.45% 1.25%
Capitalization / Revenue 3.3 x 1.5 x 2.17 x
EV / Revenue 3.32 x 1.65 x 2.38 x
EV / EBITDA 35.5 x 23.7 x 37.1 x
EV / FCF -8.88 x -10 x -51.1 x
FCF Yield -11.3% -9.97% -1.96%
Price to Book 4.65 x 2.3 x 3.06 x
Nbr of stocks (in thousands) 76,800 76,800 76,800
Reference price 2 38.53 20.37 27.96
Announcement Date 07/04/22 26/04/23 08/04/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 544.4 571.9 555.1 895.6 1,044 988.5
EBITDA 1 70.3 85.15 76.82 83.93 72.49 63.25
EBIT 1 61.09 74.35 63.76 64.25 39.82 24.29
Operating Margin 11.22% 13% 11.49% 7.17% 3.81% 2.46%
Earnings before Tax (EBT) 1 60.52 75.88 69.36 72.43 48.65 41.4
Net income 1 51.79 63.59 57.76 62.88 45.28 37.71
Net margin 9.51% 11.12% 10.41% 7.02% 4.34% 3.81%
EPS 2 0.9313 1.106 1.000 0.9375 0.5900 0.4800
Free Cash Flow 1 -48.38 19.03 30.24 -335.1 -171.5 -45.99
FCF margin -8.89% 3.33% 5.45% -37.42% -16.42% -4.65%
FCF Conversion (EBITDA) - 22.35% 39.36% - - -
FCF Conversion (Net income) - 29.93% 52.35% - - -
Dividend per Share - 0.3500 - 0.3125 0.5000 0.3500
Announcement Date 02/07/20 02/07/20 03/06/21 07/04/22 26/04/23 08/04/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 65.5 27.4 18 17.4 156 201
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 0.9312 x 0.3217 x 0.2339 x 0.2075 x 2.158 x 3.173 x
Free Cash Flow 1 -48.4 19 30.2 -335 -172 -46
ROE (net income / shareholders' equity) 38.3% 29.3% 22.1% 13.7% 6.88% 5.46%
ROA (Net income/ Total Assets) 10.1% 10.4% 7.89% 5.47% 2.29% 1.2%
Assets 1 514.7 612 731.8 1,150 1,977 3,149
Book Value Per Share 2 3.440 4.210 4.860 8.290 8.840 9.130
Cash Flow per Share 2 0.5800 0.6900 0.7700 0.2200 0.3900 0.6700
Capex 1 40.3 20.1 76.1 192 208 171
Capex / Sales 7.4% 3.51% 13.71% 21.43% 19.87% 17.33%
Announcement Date 02/07/20 02/07/20 03/06/21 07/04/22 26/04/23 08/04/24
1CNY in Million2CNY
Estimates
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