Financials Zhengzhou Jiean Hi-Tech Co.,Ltd.

Equities

300845

CNE1000040W0

Software

End-of-day quote Shenzhen S.E. 23:00:00 09/05/2024 BST 5-day change 1st Jan Change
15 CNY -3.54% Intraday chart for Zhengzhou Jiean Hi-Tech Co.,Ltd. +2.67% -16.99%

Valuation

Fiscal Period: December 2020 2021 2022 2023
Capitalization 1 2,922 2,310 2,026 2,019
Enterprise Value (EV) 1 2,433 1,926 1,667 1,707
P/E ratio 37.7 x 64.1 x 45.7 x 40.2 x
Yield 1.9% 1.2% 1.09% 1.38%
Capitalization / Revenue 10.2 x 8.61 x 6.72 x 5.67 x
EV / Revenue 8.51 x 7.18 x 5.53 x 4.79 x
EV / EBITDA 36.8 x 54.9 x 40.3 x 32.8 x
EV / FCF -29.4 x -34 x -67.7 x 27.7 x
FCF Yield -3.4% -2.94% -1.48% 3.61%
Price to Book 3.8 x 3.08 x 2.62 x 2.47 x
Nbr of stocks (in thousands) 110,828 110,828 110,827 111,750
Reference price 2 26.37 20.84 18.28 18.07
Announcement Date 25/03/21 25/04/22 30/03/23 18/04/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 269.4 315.1 286 268.2 301.3 356
EBITDA 1 80.42 88.22 66.13 35.07 41.35 52.07
EBIT 1 77.96 84.9 62.56 31.49 37.91 46.71
Operating Margin 28.94% 26.94% 21.88% 11.74% 12.58% 13.12%
Earnings before Tax (EBT) 1 80.86 89.88 76.71 42.72 48.79 55.95
Net income 1 72.97 80.42 67.7 35.67 44.77 50.34
Net margin 27.09% 25.52% 23.67% 13.3% 14.86% 14.14%
EPS 2 0.9000 0.9667 0.7000 0.3250 0.4000 0.4500
Free Cash Flow 1 17.87 21.52 -82.72 -56.58 -24.63 61.65
FCF margin 6.63% 6.83% -28.93% -21.1% -8.17% 17.32%
FCF Conversion (EBITDA) 22.22% 24.39% - - - 118.4%
FCF Conversion (Net income) 24.49% 26.76% - - - 122.46%
Dividend per Share 2 0.2500 - 0.5000 0.2500 0.2000 0.2500
Announcement Date 05/03/19 25/03/21 25/03/21 25/04/22 30/03/23 18/04/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 187 212 489 384 359 312
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 17.9 21.5 -82.7 -56.6 -24.6 61.6
ROE (net income / shareholders' equity) 28.7% 24.2% 11.9% 4.67% 5.89% 6.36%
ROA (Net income/ Total Assets) 13.7% 11.8% 5.46% 2.1% 2.46% 2.83%
Assets 1 531.5 681.8 1,241 1,701 1,821 1,778
Book Value Per Share 2 3.630 4.350 6.940 6.760 6.970 7.320
Cash Flow per Share 2 2.120 2.550 4.590 3.690 3.480 2.750
Capex 1 16 19.9 57.6 43.8 45.7 36.3
Capex / Sales 5.95% 6.33% 20.14% 16.32% 15.18% 10.2%
Announcement Date 05/03/19 25/03/21 25/03/21 25/04/22 30/03/23 18/04/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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