Financials Wuhan DR Laser Technology Corp.,Ltd

Equities

300776

CNE100003KG5

Semiconductor Equipment & Testing

End-of-day quote Shenzhen S.E. 06:00:00 2024-05-23 pm EDT 5-day change 1st Jan Change
52.93 CNY -2.09% Intraday chart for Wuhan DR Laser Technology Corp.,Ltd -1.31% -12.16%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 9,835 15,891 27,195 21,504 16,456 14,398 - -
Enterprise Value (EV) 1 9,835 14,768 26,601 21,814 16,683 14,005 13,774 14,398
P/E ratio 28.9 x 42.7 x 71.3 x 52.1 x 35.7 x 20.6 x 16.2 x 15 x
Yield - 0.5% 0.29% 0.37% 0.58% 0.97% 1.28% 1.45%
Capitalization / Revenue 14.1 x 14.8 x 21.6 x 16.2 x 10.2 x 5.89 x 4.65 x 4.5 x
EV / Revenue 14.1 x 13.8 x 21.2 x 16.5 x 10.4 x 5.72 x 4.45 x 4.5 x
EV / EBITDA - 33.6 x 59.6 x 45.3 x 29.4 x 16.3 x 13 x 12.1 x
EV / FCF - - - 71.1 x 25.4 x -34.5 x 58.6 x -
FCF Yield - - - 1.41% 3.94% -2.9% 1.71% -
Price to Book 6.75 x 8.83 x 12.6 x 8.49 x 5.62 x 3.95 x 3.29 x 2.86 x
Nbr of stocks (in thousands) 270,849 270,849 272,053 273,072 273,077 272,020 - -
Reference price 2 36.31 58.67 99.96 78.75 60.26 52.93 52.93 52.93
Announcement Date 2/28/20 4/8/21 4/26/22 4/26/23 4/25/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 699.9 1,072 1,257 1,324 1,609 2,446 3,094 3,200
EBITDA 1 - 439.7 446.6 481.4 566.6 861.4 1,060 1,188
EBIT 1 354.6 434 436.2 454.2 506.8 709.3 973.8 1,061
Operating Margin 50.66% 40.48% 34.71% 34.3% 31.5% 29% 31.48% 33.16%
Earnings before Tax (EBT) 1 354.5 432.5 436.3 454.2 507.1 787.5 1,001 1,061
Net income 1 305.2 373.2 381 411.2 461.2 702.6 893.7 964.8
Net margin 43.6% 34.8% 30.32% 31.05% 28.66% 28.72% 28.89% 30.15%
EPS 2 1.257 1.375 1.402 1.512 1.690 2.572 3.275 3.535
Free Cash Flow 1 - - - 306.9 657.3 -406 235 -
FCF margin - - - 23.17% 40.85% -16.6% 7.6% -
FCF Conversion (EBITDA) - - - 63.75% 116% - 22.17% -
FCF Conversion (Net income) - - - 74.63% 142.52% - 26.3% -
Dividend per Share 2 - 0.2930 0.2930 0.2938 0.3500 0.5140 0.6788 0.7700
Announcement Date 2/28/20 4/8/21 4/26/22 4/26/23 4/25/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales - - - - - - - - - - - -
EBITDA - - - - - - - - - - - -
EBIT - - - - - - - - - - - -
Operating Margin - - - - - - - - - - - -
Earnings before Tax (EBT) - - - - - - - - - - - -
Net income - - - - - - - - - - - -
Net margin - - - - - - - - - - - -
EPS 1 0.3672 0.2500 0.4375 0.2812 0.3438 0.0900 0.6000 0.4500 0.4900 0.1500 1.010 0.8000
Dividend per Share - - - - - - - - - - - -
Announcement Date 4/26/22 8/25/22 10/25/22 4/26/23 4/26/23 8/17/23 10/29/23 4/25/24 4/25/24 - - -
1CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - 309 228 - - -
Net Cash position 1 - 1,124 593 - - 393 624 -
Leverage (Debt/EBITDA) - - - 0.6426 x 0.4018 x - - -
Free Cash Flow 1 - - - 307 657 -406 235 -
ROE (net income / shareholders' equity) 31.5% 22.9% 19% 16.6% 16.1% 20.3% 21.1% 18.8%
ROA (Net income/ Total Assets) - 15.3% 11.8% 9.72% - 7.75% 9.4% -
Assets 1 - 2,446 3,219 4,231 - 9,066 9,507 -
Book Value Per Share 2 5.380 6.640 7.940 9.280 10.70 13.40 16.10 18.50
Cash Flow per Share 2 - 0.5200 0.8700 1.870 2.840 5.280 6.430 2.510
Capex 1 31.4 62.8 137 203 119 137 155 120
Capex / Sales 4.48% 5.86% 10.9% 15.31% 7.42% 5.61% 5.02% 3.75%
Announcement Date 2/28/20 4/8/21 4/26/22 4/26/23 4/25/24 - - -
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
C-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
6
Last Close Price
52.93 CNY
Average target price
57.26 CNY
Spread / Average Target
+8.19%
Consensus
  1. Stock Market
  2. Equities
  3. 300776 Stock
  4. Financials Wuhan DR Laser Technology Corp.,Ltd