Financials Advanced Fiber Resources (Zhuhai), Ltd.

Equities

300620

CNE100002PK8

Electrical Components & Equipment

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
44.95 CNY +6.69% Intraday chart for Advanced Fiber Resources (Zhuhai), Ltd. +6.04% -0.77%

Valuation

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 4,497 8,451 6,204 11,113 11,228 - -
Enterprise Value (EV) 1 4,497 8,451 6,204 11,113 11,228 11,228 11,228
P/E ratio 75.6 x 64.3 x 52.7 x 186 x 95.1 x 68.1 x 59.1 x
Yield - 0.39% 0.53% 0.22% 0.36% 0.52% 0.76%
Capitalization / Revenue - 12.7 x 9.66 x 15.7 x 12 x 9.49 x 7.89 x
EV / Revenue - 12.7 x 9.66 x 15.7 x 12 x 9.49 x 7.89 x
EV / EBITDA - 47.5 x 71.8 x 102 x 65.1 x 49.2 x 37.5 x
EV / FCF - -105 x - - -220 x 1,604 x -
FCF Yield - -0.95% - - -0.45% 0.06% -
Price to Book - 5.51 x 3.76 x 6.52 x 6.09 x 5.61 x 5.37 x
Nbr of stocks (in thousands) 244,163 246,093 246,122 245,311 249,799 - -
Reference price 2 18.42 34.34 25.21 45.30 44.95 44.95 44.95
Announcement Date 3/30/21 3/30/22 4/14/23 4/2/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net sales 1 - 667.8 642.4 709.9 937.3 1,183 1,424
EBITDA 1 - 177.8 86.42 108.7 172.6 228.2 299.8
EBIT 1 - 144.4 110.3 48.86 106.7 173.2 192.3
Operating Margin - 21.62% 17.17% 6.88% 11.39% 14.64% 13.5%
Earnings before Tax (EBT) 1 - 144.3 110 49.39 100.1 166.3 201.9
Net income 1 59.21 130.8 117.8 59.64 116.6 163.1 189.9
Net margin - 19.59% 18.34% 8.4% 12.44% 13.79% 13.33%
EPS 2 0.2437 0.5337 0.4787 0.2431 0.4725 0.6600 0.7600
Free Cash Flow 1 - -80.39 - - -51 7 -
FCF margin - -12.04% - - -5.44% 0.59% -
FCF Conversion (EBITDA) - - - - - 3.07% -
FCF Conversion (Net income) - - - - - 4.29% -
Dividend per Share 2 - 0.1333 0.1333 0.1000 0.1633 0.2333 0.3400
Announcement Date 3/30/21 3/30/22 4/14/23 4/2/24 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow 1 - -80.4 - - -51 7 -
ROE (net income / shareholders' equity) - 8.91% 7.41% 3.57% 6.3% 8.09% 9.06%
ROA (Net income/ Total Assets) - 3.49% 6.32% 3.01% 3.89% 7.17% 7.54%
Assets 1 - 3,745 1,865 1,981 2,998 2,277 2,518
Book Value Per Share 2 - 6.230 6.700 6.940 7.390 8.010 8.380
Cash Flow per Share 2 - 0.3500 0.2500 0.4600 0.5000 0.4400 1.070
Capex 1 - 167 260 238 196 82.7 146
Capex / Sales - 24.97% 40.51% 33.47% 20.91% 6.99% 10.25%
Announcement Date 3/30/21 3/30/22 4/14/23 4/2/24 - - -
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
4
Last Close Price
44.95
Average target price
-
Consensus

Annual profits - Rate of surprise

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