ZHEJIANG JINGHUA LASER TECHNOLOGY CO.,LTD |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 13.93 CNY | -2.86% |
|
-1.14% | -24.58% |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 2,322 | 2,807 | 2,644 | 2,892 | 2,301 | 3,297 |
| Enterprise Value (EV) 1 | 1,955 | 2,504 | 2,329 | 2,507 | 1,935 | 2,961 |
| P/E ratio | 24.3 x | 26.8 x | 24.7 x | 26.1 x | 18.4 x | 35.5 x |
| Yield | 1.65% | 1.36% | 1.69% | 1.54% | 5.82% | - |
| Capitalization / Revenue | 4.18 x | 4.19 x | 3.75 x | 3.3 x | 2.62 x | 4.35 x |
| EV / Revenue | 3.52 x | 3.73 x | 3.31 x | 2.86 x | 2.2 x | 3.9 x |
| EV / EBITDA | 19 x | 20.1 x | 18.8 x | 18.2 x | 13.7 x | 24.1 x |
| EV / FCF | -58.5 x | 9.85 x | -102,947 x | 35 x | 53.2 x | 53.8 x |
| FCF Yield | -1.71% | 10.2% | -0% | 2.85% | 1.88% | 1.86% |
| Price to Book | 3.03 x | 3.37 x | 2.93 x | 2.99 x | 2.29 x | 3.45 x |
| Nbr of stocks (in thousands) | 178,517 | 178,517 | 178,517 | 178,517 | 178,517 | 178,517 |
| Reference price 2 | 13.01 | 15.72 | 14.81 | 16.20 | 12.89 | 18.47 |
| Announcement Date | 4/19/19 | 4/27/20 | 4/28/21 | 4/27/22 | 4/26/23 | 4/26/24 |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 555 | 670.5 | 704.2 | 876.7 | 879.2 | 758.7 |
| EBITDA 1 | 103.1 | 124.7 | 124.2 | 137.8 | 141.1 | 122.6 |
| EBIT 1 | 89.23 | 103.5 | 101.5 | 111.5 | 113.8 | 92.43 |
| Operating Margin | 16.08% | 15.44% | 14.41% | 12.71% | 12.94% | 12.18% |
| Earnings before Tax (EBT) 1 | 107.8 | 116.2 | 118.2 | 116.1 | 129.4 | 104.7 |
| Net income 1 | 95.77 | 105.1 | 107.7 | 111.2 | 125.7 | 93.36 |
| Net margin | 17.26% | 15.67% | 15.29% | 12.68% | 14.29% | 12.3% |
| EPS 2 | 0.5357 | 0.5857 | 0.6000 | 0.6200 | 0.7000 | 0.5200 |
| Free Cash Flow 1 | -33.42 | 254.2 | -0.0226 | 71.54 | 36.36 | 55.01 |
| FCF margin | -6.02% | 37.91% | -0% | 8.16% | 4.14% | 7.25% |
| FCF Conversion (EBITDA) | - | 203.77% | - | 51.9% | 25.77% | 44.85% |
| FCF Conversion (Net income) | - | 241.95% | - | 64.34% | 28.93% | 58.92% |
| Dividend per Share 2 | 0.2143 | 0.2143 | 0.2500 | 0.2500 | 0.7500 | - |
| Announcement Date | 4/19/19 | 4/27/20 | 4/28/21 | 4/27/22 | 4/26/23 | 4/26/24 |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - |
| Net Cash position 1 | 367 | 303 | 315 | 385 | 366 | 336 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - |
| Free Cash Flow 1 | -33.4 | 254 | -0.02 | 71.5 | 36.4 | 55 |
| ROE (net income / shareholders' equity) | 13% | 13.1% | 12.3% | 11.8% | 12.6% | 9.26% |
| ROA (Net income/ Total Assets) | 6.37% | 6.66% | 5.93% | 6.01% | 5.42% | 3.83% |
| Assets 1 | 1,504 | 1,577 | 1,816 | 1,852 | 2,320 | 2,434 |
| Book Value Per Share 2 | 4.290 | 4.670 | 5.050 | 5.420 | 5.630 | 5.350 |
| Cash Flow per Share 2 | 0.8700 | 0.5200 | 0.5000 | 0.5700 | 1.020 | 1.600 |
| Capex 1 | 73.9 | 58.8 | 43.9 | 20 | 46.2 | 44.1 |
| Capex / Sales | 13.31% | 8.77% | 6.24% | 2.28% | 5.26% | 5.81% |
| Announcement Date | 4/19/19 | 4/27/20 | 4/28/21 | 4/27/22 | 4/26/23 | 4/26/24 |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| -24.58% | 344M | |
| +1.17% | 19.79B | |
| +9.40% | 10.71B | |
| +4.63% | 6.54B | |
| +11.24% | 5.14B | |
| +13.35% | 3.88B | |
| +23.79% | 3.36B | |
| +63.60% | 2.67B | |
| +23.42% | 1.95B | |
| +20.48% | 1.69B |
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