Financials Xgimi Technology Co.,Ltd.

Equities

688696

CNE100005D76

Household Electronics

End-of-day quote Shanghai S.E. 06:00:00 2024-06-06 pm EDT 5-day change 1st Jan Change
92.86 CNY -5.40% Intraday chart for Xgimi Technology Co.,Ltd. +3.80% -17.81%

Valuation

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Capitalization 1 27,600 11,634 7,894 6,367 - -
Enterprise Value (EV) 1 27,600 10,451 6,328 4,739 4,607 4,400
P/E ratio 54.7 x 23.2 x 63.8 x 31.9 x 22.9 x 19.9 x
Yield 0.54% 1.29% 0.27% 0.88% 1.56% 2.19%
Capitalization / Revenue 6.84 x 2.76 x 2.22 x 1.61 x 1.41 x 1.27 x
EV / Revenue 6.84 x 2.48 x 1.78 x 1.2 x 1.02 x 0.88 x
EV / EBITDA 47.2 x 17.7 x 46.3 x 17.8 x 12.8 x 12.6 x
EV / FCF 63.3 x -56.6 x - 4.14 x -8.79 x 152 x
FCF Yield 1.58% -1.77% - 24.2% -11.4% 0.66%
Price to Book 9.99 x 3.71 x 2.54 x 1.98 x 1.84 x 1.75 x
Nbr of stocks (in thousands) 70,000 70,000 69,872 68,563 - -
Reference price 2 394.3 166.2 113.0 92.86 92.86 92.86
Announcement Date 2/24/22 2/2/23 2/23/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,828 4,038 4,222 3,558 3,951 4,511 5,017
EBITDA 1 - 584.9 590.4 136.7 266.8 360.1 348.3
EBIT 1 - 541.6 509.3 34.81 216.7 305.8 355.2
Operating Margin - 13.41% 12.06% 0.98% 5.49% 6.78% 7.08%
Earnings before Tax (EBT) 1 - 542.7 508.4 32.75 216.5 305.2 354
Net income 1 - 483.5 501.5 124.1 203.7 284.1 327.4
Net margin - 11.97% 11.88% 3.49% 5.15% 6.3% 6.53%
EPS 2 5.121 7.207 7.160 1.770 2.911 4.056 4.678
Free Cash Flow 1 - 435.8 -184.5 - 1,145 -524 29
FCF margin - 10.79% -4.37% - 28.98% -11.62% 0.58%
FCF Conversion (EBITDA) - 74.51% - - 429.16% - 8.33%
FCF Conversion (Net income) - 90.13% - - 562.21% - 8.86%
Dividend per Share 2 - 2.143 2.147 0.3000 0.8180 1.450 2.035
Announcement Date 2/3/21 2/24/22 2/2/23 2/23/24 - - -
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 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 - 1,023 2,036 846.4 1,340 883.7 743.1 795 1,136 825.5 829.9 857.9 1,306
EBITDA - - - - - - - - - - - - -
EBIT - 118.1 - 73.46 176.1 62.34 -13.9 -3.642 - 16.88 - - -
Operating Margin - 11.55% - 8.68% 13.14% 7.05% -1.87% -0.46% - 2.04% - - -
Earnings before Tax (EBT) - - - - - - - - - - - - -
Net income 121.5 - - - - - - - - - - - -
Net margin - - - - - - - - - - - - -
EPS - - - - - - - - - - - - -
Dividend per Share - - - - - - - - - - - - -
Announcement Date 4/28/22 8/19/22 8/19/22 10/27/22 2/2/23 4/27/23 8/30/23 10/30/23 2/23/24 4/29/24 - - -
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - -
Net Cash position 1 - - 1,183 1,566 1,627 1,760 1,967
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow 1 - 436 -185 - 1,145 -524 29
ROE (net income / shareholders' equity) - 21.2% 17.2% 3.98% 6.22% 8.13% 8.8%
ROA (Net income/ Total Assets) - 11.4% 9.9% 2.22% 3.63% 4.93% 4.8%
Assets 1 - 4,231 5,067 5,595 5,605 5,759 6,822
Book Value Per Share 2 - 39.50 44.80 44.50 46.90 50.40 53.10
Cash Flow per Share 2 - 7.660 -0.8400 5.400 4.210 2.970 5.680
Capex 1 - 100 126 64.7 170 232 64.2
Capex / Sales - 2.49% 2.97% 1.82% 4.31% 5.15% 1.28%
Announcement Date 2/3/21 2/24/22 2/2/23 2/23/24 - - -
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
7
Last Close Price
92.86 CNY
Average target price
110.1 CNY
Spread / Average Target
+18.57%
Consensus

Quarterly revenue - Rate of surprise

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