Financials Hamaton Automotive Technology Co., Ltd

Equities

300643

CNE100002P34

Auto, Truck & Motorcycle Parts

End-of-day quote Shenzhen S.E. 06:00:00 2024-05-27 pm EDT 5-day change 1st Jan Change
10.9 CNY -0.91% Intraday chart for Hamaton Automotive Technology Co., Ltd -1.89% -12.52%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,128 4,440 2,540 2,969 3,271 2,866
Enterprise Value (EV) 1 1,881 4,542 2,645 2,795 3,046 2,624
P/E ratio 66.5 x 222 x 70.6 x 24.8 x 24.5 x 24 x
Yield 0.56% 0.18% 0.71% 0.68% 0.83% 1.28%
Capitalization / Revenue 6.79 x 9.68 x 3.22 x 2.9 x 3.06 x 2.68 x
EV / Revenue 6 x 9.9 x 3.35 x 2.73 x 2.85 x 2.46 x
EV / EBITDA 56.4 x 141 x 32.8 x 17.2 x 16.8 x 16.5 x
EV / FCF 1,100 x -43.6 x -139 x -79.6 x -349 x -233 x
FCF Yield 0.09% -2.29% -0.72% -1.26% -0.29% -0.43%
Price to Book 5.03 x 10.3 x 5.56 x 3.6 x 3.42 x 2.71 x
Nbr of stocks (in thousands) 200,000 200,000 200,000 230,000 230,000 230,000
Reference price 2 10.64 22.20 12.70 12.91 14.22 12.46
Announcement Date 4/19/19 4/24/20 4/26/21 4/24/22 4/25/23 4/24/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 313.6 458.8 788.6 1,023 1,069 1,068
EBITDA 1 33.33 32.3 80.6 162.8 181.6 159.1
EBIT 1 22.7 14.48 39.54 119.9 139.7 111.4
Operating Margin 7.24% 3.16% 5.01% 11.72% 13.06% 10.44%
Earnings before Tax (EBT) 1 36.74 22.18 46.49 125.4 164.6 132.4
Net income 1 32.47 19.84 36.36 110.3 133.8 119.8
Net margin 10.35% 4.32% 4.61% 10.78% 12.51% 11.22%
EPS 2 0.1600 0.1000 0.1800 0.5200 0.5800 0.5200
Free Cash Flow 1 1.71 -104.2 -19.05 -35.1 -8.716 -11.25
FCF margin 0.55% -22.71% -2.42% -3.43% -0.82% -1.05%
FCF Conversion (EBITDA) 5.13% - - - - -
FCF Conversion (Net income) 5.27% - - - - -
Dividend per Share 2 0.0600 0.0400 0.0900 0.0880 0.1180 0.1600
Announcement Date 4/19/19 4/24/20 4/26/21 4/24/22 4/25/23 4/24/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - 102 105 - - -
Net Cash position 1 247 - - 174 225 242
Leverage (Debt/EBITDA) - 3.148 x 1.297 x - - -
Free Cash Flow 1 1.71 -104 -19 -35.1 -8.72 -11.2
ROE (net income / shareholders' equity) 7.57% 4.43% 8.36% 17.5% 15.5% 12.1%
ROA (Net income/ Total Assets) 2.85% 1.27% 2.69% 6.59% 6.41% 4.98%
Assets 1 1,141 1,562 1,354 1,674 2,087 2,407
Book Value Per Share 2 2.120 2.150 2.280 3.590 4.160 4.600
Cash Flow per Share 2 0.7800 0.5100 0.4300 0.7900 1.070 1.080
Capex 1 9.79 65.7 102 102 99.3 77.6
Capex / Sales 3.12% 14.33% 12.97% 10.02% 9.28% 7.27%
Announcement Date 4/19/19 4/24/20 4/26/21 4/24/22 4/25/23 4/24/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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