WILLFAR INFORMATION TECHNOLOGY CO., LTD. Financials Willfar Information Technology Co., Ltd.
Equities
688100
CNE100003RR7
Communications & Networking
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 36.41 CNY | -2.10% |
|
+0.22% | +25.90% |
| Jun. 04 | Willfar Information Technology Bags 85 Million Yuan Worth of Projects in May | MT |
| May. 07 | Willfar Information Wins State Grid Contracts Worth 129 Million Yuan | MT |
Valuation
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 11,055 | 17,215 | 11,545 | 14,104 | 17,757 | - | - |
| Enterprise Value (EV) 1 | 11,055 | 17,215 | 9,987 | 12,478 | 16,027 | 15,688 | 15,266 |
| P/E ratio | 39.5 x | 50.6 x | 28.9 x | 27 x | 27 x | 21.8 x | 17.9 x |
| Yield | 1.02% | 0.76% | 1.43% | 1.49% | 1.41% | 1.77% | 2.27% |
| Capitalization / Revenue | 7.63 x | 9.43 x | 5.76 x | 6.34 x | 6.21 x | 4.97 x | 4.07 x |
| EV / Revenue | 7.63 x | 9.43 x | 4.98 x | 5.61 x | 5.61 x | 4.39 x | 3.5 x |
| EV / EBITDA | 32.5 x | 41 x | 20.6 x | 19.8 x | 21.3 x | 16.6 x | 13.2 x |
| EV / FCF | - | - | - | 31.5 x | 33 x | 29.9 x | 21.4 x |
| FCF Yield | - | - | - | 3.17% | 3.03% | 3.34% | 4.68% |
| Price to Book | 4.69 x | 6.61 x | 4.25 x | 4.92 x | 5.28 x | 4.51 x | 3.81 x |
| Nbr of stocks (in thousands) | 500,000 | 500,000 | 500,000 | 487,685 | 487,685 | - | - |
| Reference price 2 | 22.11 | 34.43 | 23.09 | 28.92 | 36.41 | 36.41 | 36.41 |
| Announcement Date | 2/19/21 | 2/27/22 | 2/27/23 | 2/28/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,244 | 1,449 | 1,826 | 2,004 | 2,225 | 2,857 | 3,575 | 4,367 |
| EBITDA 1 | 257.8 | 339.8 | 419.5 | 485 | 629.8 | 754 | 945.1 | 1,153 |
| EBIT 1 | 248 | 321.2 | 396.1 | 457.3 | 601.7 | 755.7 | 946 | 1,159 |
| Operating Margin | 19.94% | 22.18% | 21.7% | 22.82% | 27.04% | 26.45% | 26.46% | 26.55% |
| Earnings before Tax (EBT) 1 | 251.2 | 324.8 | 395.3 | 457.7 | 602 | 779.1 | 967 | 1,205 |
| Net income 1 | 217.4 | 275.3 | 341.4 | 400.2 | 525.3 | 676 | 835 | 1,027 |
| Net margin | 17.47% | 19.01% | 18.7% | 19.97% | 23.6% | 23.66% | 23.35% | 23.53% |
| EPS 2 | 0.4350 | 0.5600 | 0.6800 | 0.8000 | 1.070 | 1.351 | 1.666 | 2.037 |
| Free Cash Flow 1 | 210.3 | - | - | - | 395.9 | 485 | 524 | 715 |
| FCF margin | 16.9% | - | - | - | 17.79% | 16.97% | 14.66% | 16.37% |
| FCF Conversion (EBITDA) | 81.56% | - | - | - | 62.86% | 64.32% | 55.45% | 62.02% |
| FCF Conversion (Net income) | 96.74% | - | - | - | 75.37% | 71.75% | 62.76% | 69.59% |
| Dividend per Share 2 | - | 0.2250 | 0.2600 | 0.3300 | 0.4300 | 0.5136 | 0.6455 | 0.8277 |
| Announcement Date | 4/28/20 | 2/19/21 | 2/27/22 | 2/27/23 | 2/28/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2022 Q1 | 2022 Q2 | 2022 S1 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 376.8 | 571.6 | 948.4 | 537.6 | 517.6 | 423 | 589.4 | 649.7 | 563.1 | 721.5 | 795.3 | 759.1 | - | - |
| EBITDA 1 | - | - | - | - | - | - | - | - | - | 214.3 | 201.4 | 173.8 | - | - |
| EBIT 1 | - | - | - | 109 | 128.2 | 108.8 | 140.2 | 156.6 | 196.2 | 206.9 | 193.4 | 166.1 | - | - |
| Operating Margin | - | - | - | 20.27% | 24.77% | 25.71% | 23.78% | 24.11% | 34.83% | 28.68% | 24.32% | 21.88% | - | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net income | - | 128.5 | 190.3 | - | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | 22.48% | 20.06% | - | - | - | - | - | - | - | - | - | - | - |
| EPS 2 | - | - | - | 0.1900 | 0.2300 | 0.1900 | 0.2500 | 0.2700 | 0.3600 | 0.3150 | 0.3411 | 0.4645 | - | - |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | 0.5344 | - | - | - | 0.6521 |
| Announcement Date | 4/19/22 | 7/27/22 | 7/27/22 | 10/24/22 | 2/27/23 | 4/25/23 | 7/27/23 | 10/22/23 | 2/28/24 | - | - | - | - | - |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | - | - | - | 1,558 | 1,626 | 1,730 | 2,068 | 2,491 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | 210 | - | - | - | 396 | 485 | 524 | 715 |
| ROE (net income / shareholders' equity) | 15.1% | 12.5% | 13.8% | 14.9% | 18.9% | 19.9% | 21% | 21.5% |
| ROA (Net income/ Total Assets) | 9.99% | 9.63% | 9.76% | 10.5% | 12.8% | 14.4% | 14.3% | 15.2% |
| Assets 1 | 2,176 | 2,858 | 3,498 | 3,815 | 4,088 | 4,698 | 5,833 | 6,768 |
| Book Value Per Share 2 | 3.460 | 4.710 | 5.210 | 5.430 | 5.870 | 6.900 | 8.070 | 9.570 |
| Cash Flow per Share 2 | 0.5100 | 0.3800 | 0.4900 | 0.5100 | 0.8300 | 0.8600 | 1.320 | 1.750 |
| Capex 1 | 17.2 | 37.5 | 37.5 | 38.2 | 21.5 | 30.2 | 42.9 | 49.9 |
| Capex / Sales | 1.38% | 2.59% | 2.05% | 1.91% | 0.97% | 1.06% | 1.2% | 1.14% |
| Announcement Date | 4/28/20 | 2/19/21 | 2/27/22 | 2/27/23 | 2/28/24 | - | - | - |
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
Sell
Buy
Mean consensus
BUY
Number of Analysts
8
Last Close Price
36.41
CNY
Average target price
40.05
CNY
Spread / Average Target
+9.99%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +25.90% | 2.45B | |
| +1.72% | 9.15B | |
| -28.43% | 2.43B | |
| -34.35% | 1.5B | |
| -25.51% | 1.1B | |
| -5.87% | 1.09B | |
| -17.10% | 1.02B | |
| -26.04% | 653M | |
| -7.81% | 581M | |
| +17.98% | 542M |
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- Financials Willfar Information Technology Co., Ltd.
