Financials Warom Technology Incorporated Company

Equities

603855

CNE100002X67

Electrical Components & Equipment

End-of-day quote Shanghai S.E. 06:00:00 2024-06-11 pm EDT 5-day change 1st Jan Change
22.58 CNY -0.44% Intraday chart for Warom Technology Incorporated Company +2.31% +13.13%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 3,241 5,442 8,366 7,644 6,605 7,674 - -
Enterprise Value (EV) 1 3,241 5,442 8,366 7,644 6,605 7,674 7,674 7,674
P/E ratio 17.2 x 20.7 x 22.4 x 22 x 14.7 x 14.1 x 11.8 x 10.1 x
Yield - 3.1% 3.96% 4.33% 5.01% 5.3% 6.16% 6.5%
Capitalization / Revenue 1.67 x 2.38 x 2.76 x 2.51 x 2.07 x 1.87 x 1.62 x 1.41 x
EV / Revenue 1.67 x 2.38 x 2.76 x 2.51 x 2.07 x 1.87 x 1.62 x 1.41 x
EV / EBITDA - - 20 x 17.6 x 11.8 x 11.9 x 10 x 8.53 x
EV / FCF - 23.6 x 20.5 x - - 68.5 x 12.6 x 10.1 x
FCF Yield - 4.24% 4.87% - - 1.46% 7.91% 9.93%
Price to Book - 3.36 x 4.86 x 4.34 x 3.47 x 3.49 x 3 x 2.5 x
Nbr of stocks (in thousands) 331,070 337,170 330,943 330,904 330,904 330,904 - -
Reference price 2 9.790 16.14 25.28 23.10 19.96 22.58 22.58 22.58
Announcement Date 4/27/20 4/28/21 4/28/22 4/26/23 3/28/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,943 2,283 3,027 3,043 3,197 4,104 4,736 5,423
EBITDA 1 - - 419 433.9 561.3 647.3 767.1 899.2
EBIT 1 - 290.2 419.1 376.1 503.4 603 718.3 848.5
Operating Margin - 12.71% 13.84% 12.36% 15.75% 14.69% 15.17% 15.64%
Earnings before Tax (EBT) 1 - 306.7 436.3 400.2 522.3 616.5 731.9 856.5
Net income 1 - 260.7 381.1 358.2 461.1 545 647.5 756.8
Net margin - 11.42% 12.59% 11.77% 14.42% 13.28% 13.67% 13.95%
EPS 2 0.5700 0.7800 1.130 1.050 1.360 1.600 1.916 2.241
Free Cash Flow 1 - 230.8 407.2 - - 112 607 762
FCF margin - 10.11% 13.45% - - 2.73% 12.82% 14.05%
FCF Conversion (EBITDA) - - 97.18% - - 17.3% 79.13% 84.74%
FCF Conversion (Net income) - 88.52% 106.84% - - 20.55% 93.75% 100.68%
Dividend per Share 2 - 0.5000 1.000 1.000 1.000 1.198 1.390 1.467
Announcement Date 4/27/20 4/28/21 4/28/22 4/26/23 3/28/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q1 2022 Q2 2022 S1
Net sales - - -
EBITDA - - -
EBIT - - -
Operating Margin - - -
Earnings before Tax (EBT) - - -
Net income 1 60.07 93.43 153.5
Net margin - - -
EPS 0.1800 - -
Dividend per Share - - -
Announcement Date 4/28/22 8/25/22 8/25/22
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 - 231 407 - - 112 607 762
ROE (net income / shareholders' equity) - 16.3% 22.9% 19.9% 24.7% 24.8% 25.7% 26.1%
ROA (Net income/ Total Assets) - 8.35% 10.1% 3.64% 10.4% 9.7% 11.2% 11.8%
Assets 1 - 3,123 3,759 9,839 4,420 5,620 5,769 6,389
Book Value Per Share 2 - 4.800 5.200 5.320 5.750 6.480 7.520 9.040
Cash Flow per Share 2 - 1.020 1.510 0.5400 1.860 1.780 1.670 2.170
Capex 1 - 113 102 56.9 77.2 58.9 62.9 61.5
Capex / Sales - 4.96% 3.35% 1.87% 2.41% 1.43% 1.33% 1.13%
Announcement Date 4/27/20 4/28/21 4/28/22 4/26/23 3/28/24 - - -
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

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
8
Last Close Price
22.58 CNY
Average target price
25.93 CNY
Spread / Average Target
+14.83%
Consensus

Annual profits - Rate of surprise

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