Financials Zhejiang Yonggui Electric Equipment Co., Ltd.

Equities

End-of-day quote Shenzhen S.E. Other stock markets 23:00:00 29/04/2024 BST			5-day change	1st Jan Change
17.68 ^CNY	-2.37%		+1.96%	-14.67%

04-26	Zhejiang Yonggui Electric Equipment Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
04-09	Zhejiang Yonggui Electric Equipment Co., Ltd. Proposes Final Dividend for the Year 2023	CI

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	3,380	3,599	5,693	5,958	8,014	6,838	-	-
Enterprise Value (EV) ¹	3,380	3,599	5,693	5,958	7,337	6,838	6,838	6,838
P/E ratio	-7.87 x	34.3 x	46.6 x	38.7 x	79.7 x	43.1 x	24.4 x	26.8 x
Yield	-	-	-	-	0.48%	0.4%	-	-
Capitalization / Revenue	3.13 x	3.42 x	4.95 x	3.95 x	5.28 x	3.32 x	2.4 x	2.53 x
EV / Revenue	3.13 x	3.42 x	4.95 x	3.95 x	5.28 x	3.32 x	2.4 x	2.53 x
EV / EBITDA	-10.2 x	20.3 x	31.2 x	27 x	45.5 x	29.5 x	18.8 x	19.4 x
EV / FCF	-	-	129,726,305 x	-	-92,922,336 x	-	-	-
FCF Yield	-	-	0%	-	-0%	-	-	-
Price to Book	1.8 x	1.81 x	2.71 x	2.66 x	3.45 x	2.8 x	2.43 x	2.41 x
Nbr of stocks (in thousands)	383,642	383,642	383,642	385,162	386,789	386,774	-	-
Reference price ²	8.810	9.380	14.84	15.47	20.72	17.68	17.68	17.68
Announcement Date	28/02/20	26/03/21	30/03/22	21/04/23	08/04/24	-	-	-

¹CNY in Million²CNY

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	1,080	1,054	1,149	1,510	1,518	2,057	2,850	2,698
EBITDA ¹	-333	177.1	182.7	220.4	176.1	232	364	352
EBIT ¹	-416.8	113.3	124.6	157	104	162	280	262
Operating Margin	-38.58%	10.75%	10.84%	10.4%	6.85%	7.88%	9.83%	9.71%
Earnings before Tax (EBT) ¹	-426.3	110.2	121.3	155.5	101.9	162	278.5	261
Net income ¹	-429.8	105	122.2	154.7	101.1	159	279.5	254
Net margin	-39.79%	9.96%	10.63%	10.24%	6.66%	7.73%	9.81%	9.41%
EPS ²	-1.120	0.2736	0.3186	0.4000	0.2600	0.4100	0.7250	0.6600
Free Cash Flow	-	-	43.89	-	-86.25	-	-	-
FCF margin	-	-	3.82%	-	-5.68%	-	-	-
FCF Conversion (EBITDA)	-	-	24.02%	-	-	-	-	-
FCF Conversion (Net income)	-	-	35.91%	-	-	-	-	-
Dividend per Share ²	-	-	-	-	0.1000	0.0700	-	-
Announcement Date	28/02/20	26/03/21	30/03/22	21/04/23	08/04/24	-	-	-

¹CNY in Million²CNY

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-	-	-
Net Cash position	-	-	-	-	677	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow	-	-	43.9	-	-86.2	-	-	-
ROE (net income / shareholders' equity)	-20.4%	5.43%	5.98%	7.1%	4.41%	6.5%	9.79%	8.9%
ROA (Net income/ Total Assets)	-16.2%	4.27%	4.71%	5.41%	-	4.6%	6.77%	5.9%
Assets ¹	2,650	2,461	2,594	2,859	-	3,457	4,132	4,305
Book Value Per Share ²	4.900	5.170	5.480	5.810	6.000	6.310	7.290	7.350
Cash Flow per Share ²	-0.0400	0.2900	0.2400	0.1900	0.3900	0.6700	1.280	-
Capex ¹	45.8	38.2	46.9	69.3	238	60	53	50
Capex / Sales	4.24%	3.63%	4.08%	4.59%	15.64%	2.92%	1.86%	1.85%
Announcement Date	28/02/20	26/03/21	30/03/22	21/04/23	08/04/24	-	-	-

¹CNY in Million²CNY

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

17.68 CNY

Average target price

16.86 CNY

Spread / Average Target

-4.61%

	1st Jan change	Capi.
ZHEJIANG YONGGUI ELECTRIC EQUIPMENT CO., LTD.	-14.67%	945M
SIEMENS AG	+4.53%	150B
SCHNEIDER ELECTRIC SE	+18.99%	130B
EATON CORPORATION PLC	+33.09%	128B
EMERSON ELECTRIC CO.	+9.46%	60.91B
AMETEK, INC.	+1.01%	38.55B
VERTIV HOLDINGS CO	+93.59%	34.82B
WEG S.A.	+5.04%	32.09B
ROCKWELL AUTOMATION, INC.	-11.73%	31.4B
NIDEC CORPORATION	+27.37%	27.26B