Financials ORG Technology Co.,Ltd.

Equities

End-of-day quote Shenzhen S.E. Other stock markets 06:00:00 2024-05-27 pm EDT			5-day change	1st Jan Change
4.52 ^CNY	-1.31%		-3.83%	+9.18%

May. 03	ORG Technology Writes Off 137 Million Yuan Worth of Bad Debts	MT
Apr. 30	ORG Technology Co.,Ltd. Proposes Final Dividend for the Year 2023	CI

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	10,289	11,823	17,091	12,995	10,653	11,631	-	-
Enterprise Value (EV) ¹	10,289	11,823	17,091	12,995	10,653	11,631	11,631	11,631
P/E ratio	15.2 x	17 x	19.4 x	23 x	13.8 x	12.1 x	10.6 x	9.57 x
Yield	1.43%	0.81%	1.94%	2.38%	2.9%	5.97%	7.08%	-
Capitalization / Revenue	1.1 x	1.12 x	1.23 x	0.92 x	0.77 x	0.76 x	0.69 x	0.63 x
EV / Revenue	1.1 x	1.12 x	1.23 x	0.92 x	0.77 x	0.76 x	0.69 x	0.63 x
EV / EBITDA	6.72 x	7.1 x	10.3 x	9.38 x	6.53 x	5.43 x	4.99 x	4.74 x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Price to Book	1.81 x	1.86 x	2.31 x	1.57 x	1.22 x	1.23 x	1.14 x	1.03 x
Nbr of stocks (in thousands)	2,333,135	2,393,227	2,441,616	2,573,260	2,573,260	2,573,260	-	-
Reference price ²	4.410	4.940	7.000	5.050	4.140	4.520	4.520	4.520
Announcement Date	4/14/20	1/31/21	4/22/22	4/26/23	4/29/24	-	-	-

¹CNY in Million²CNY

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	9,369	10,561	13,885	14,067	13,843	15,399	16,953	18,477
EBITDA ¹	1,530	1,665	1,659	1,386	1,630	2,141	2,331	2,452
EBIT ¹	1,048	1,089	1,221	809.1	1,076	1,358	1,544	1,694
Operating Margin	11.19%	10.31%	8.8%	5.75%	7.77%	8.82%	9.11%	9.17%
Earnings before Tax (EBT) ¹	1,050	1,084	1,209	799.5	1,052	1,343	1,529	1,680
Net income ¹	683.2	707.4	905.1	565.2	774.5	963.9	1,102	1,215
Net margin	7.29%	6.7%	6.52%	4.02%	5.6%	6.26%	6.5%	6.57%
EPS ²	0.2900	0.2900	0.3600	0.2200	0.3000	0.3740	0.4280	0.4725
Free Cash Flow	-	-	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-	-	-
Dividend per Share ²	0.0630	0.0400	0.1360	0.1200	0.1200	0.2700	0.3200	-
Announcement Date	4/14/20	1/31/21	4/22/22	4/26/23	4/29/24	-	-	-

¹CNY in Million²CNY

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow	-	-	-	-	-	-	-	-
ROE (net income / shareholders' equity)	12.2%	11.4%	12.3%	7.03%	9.09%	10.2%	10.9%	10.9%
ROA (Net income/ Total Assets)	4.85%	4.74%	-	3.36%	-	5.85%	6.5%	6.6%
Assets ¹	14,087	14,912	-	16,838	-	16,476	16,948	18,402
Book Value Per Share ²	2.430	2.650	3.030	3.210	3.390	3.690	3.970	4.400
Cash Flow per Share ²	0.6400	0.3000	0.4800	0.4100	0.5900	0.4600	0.6600	0.4800
Capex ¹	185	160	485	402	428	444	408	256
Capex / Sales	1.97%	1.52%	3.5%	2.86%	3.09%	2.88%	2.4%	1.38%
Announcement Date	4/14/20	1/31/21	4/22/22	4/26/23	4/29/24	-	-	-

¹CNY in Million²CNY

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

D+

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

4.52 CNY

Average target price

5.687 CNY

Spread / Average Target

+25.81%

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