Financials Acrel Co.,Ltd.

Equities

300286

CNE100001FC8

Electrical Components & Equipment

End-of-day quote Shenzhen S.E. Other stock markets 06:00:00 2024-05-23 pm EDT			5-day change	1st Jan Change
24.5 ^CNY	+4.12%		+9.96%	-5.51%

Apr. 26	Acrel Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
Apr. 25	Acrel Co.,Ltd. Announces Final Cash Dividend (Tax Included) (A Shares) for 2023, Payable on 07 May 2024	CI

Valuation

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	3,263	7,022	6,291	5,485	5,183	-	-
Enterprise Value (EV) ¹	3,263	7,022	6,291	5,485	5,183	5,183	5,183
P/E ratio	25.8 x	40.5 x	36.7 x	27.3 x	20.1 x	15.7 x	12.3 x
Yield	-	-	0.67%	1.16%	1.22%	1.41%	0.65%
Capitalization / Revenue	4.54 x	6.9 x	6.18 x	4.89 x	3.79 x	3.03 x	2.42 x
EV / Revenue	4.54 x	6.9 x	6.18 x	4.89 x	3.79 x	3.03 x	2.42 x
EV / EBITDA	-	-	29.7 x	21.3 x	17 x	13.2 x	10.4 x
EV / FCF	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-
Price to Book	-	7.24 x	5.57 x	4.26 x	3.48 x	2.96 x	2.47 x
Nbr of stocks (in thousands)	210,640	211,628	211,544	211,544	211,544	-	-
Reference price ²	15.49	33.18	29.74	25.93	24.50	24.50	24.50
Announcement Date	1/20/21	2/25/22	2/27/23	3/29/24	-	-	-

¹CNY in Million²CNY

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	718.7	1,017	1,019	1,122	1,368	1,713	2,139
EBITDA ¹	-	-	211.6	256.9	305.2	392.8	496.6
EBIT ¹	-	190.3	184.1	223.2	274.7	355.4	452.6
Operating Margin	-	18.71%	18.07%	19.89%	20.09%	20.75%	21.16%
Earnings before Tax (EBT) ¹	-	190	184.3	223.4	287.6	368	469.7
Net income ¹	-	170.1	170.6	201.4	261	334.2	428
Net margin	-	16.72%	16.75%	17.95%	19.08%	19.51%	20.01%
EPS ²	0.6000	0.8200	0.8100	0.9500	1.218	1.558	1.993
Free Cash Flow	-	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-	-
Dividend per Share ²	-	-	0.2000	0.3000	0.3000	0.3450	0.1600
Announcement Date	1/20/21	2/25/22	2/27/23	3/29/24	-	-	-

¹CNY in Million²CNY

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2024 Q4
Net sales ¹	246
EBITDA	-
EBIT	-
Operating Margin	-
Earnings before Tax (EBT)	-
Net income	-
Net margin	-
EPS	-
Dividend per Share	-
Announcement Date	-

¹CNY in Million

Estimates

Balance Sheet Analysis

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-
Free Cash Flow	-	-	-	-	-	-	-
ROE (net income / shareholders' equity)	-	19.1%	16.1%	16.5%	17.9%	19.6%	20.8%
ROA (Net income/ Total Assets)	-	-	-	-	13.4%	14.3%	13.5%
Assets ¹	-	-	-	-	1,955	2,337	3,170
Book Value Per Share ²	-	4.580	5.340	6.090	7.040	8.270	9.920
Cash Flow per Share ²	-	0.5400	0.7600	1.470	1.250	1.730	1.800
Capex ¹	-	29	29.2	89.3	76	70.7	74.2
Capex / Sales	-	2.85%	2.87%	7.95%	5.56%	4.13%	3.47%
Announcement Date	1/20/21	2/25/22	2/27/23	3/29/24	-	-	-

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

Ratings for Acrel Co.,Ltd.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

24.5 CNY

Average target price

30.3 CNY

Spread / Average Target

+23.67%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

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