Financials Aerospace CH UAV Co.,Ltd

Equities

002389

CNE100000N20

Aerospace & Defense

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
16.85 CNY +0.54% Intraday chart for Aerospace CH UAV Co.,Ltd +2.12% -9.41%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 10,501 31,457 27,475 20,384 18,422 16,689 - -
Enterprise Value (EV) 1 10,501 31,457 27,475 20,384 18,422 16,689 16,689 16,689
P/E ratio 44.4 x 115 x 116 x 66.4 x 116 x 52.7 x 26.3 x 29.6 x
Yield - 0.12% 0.22% 0.29% 0.32% 0.36% 0.36% 0.36%
Capitalization / Revenue 3.39 x 10.5 x 9.43 x 5.28 x 6.43 x 4.3 x 2.84 x 2.72 x
EV / Revenue 3.39 x 10.5 x 9.43 x 5.28 x 6.43 x 4.3 x 2.84 x 2.72 x
EV / EBITDA 16.7 x 56.7 x - 35.3 x 42.8 x 23.5 x 17.6 x 14.5 x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 1.63 x 4.76 x 3.56 x 2.6 x 2.31 x 2.02 x 1.87 x 1.82 x
Nbr of stocks (in thousands) 946,063 946,063 988,303 990,972 990,450 990,450 - -
Reference price 2 11.10 33.25 27.80 20.57 18.60 16.85 16.85 16.85
Announcement Date 3/31/20 2/26/21 3/30/22 3/29/23 3/29/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 3,100 2,988 2,914 3,858 2,866 3,884 5,886 6,130
EBITDA 1 630.5 554.7 - 577 430 709.5 946.1 1,150
EBIT 1 287.3 326.6 276.1 357.5 190.2 455 814.6 832.8
Operating Margin 9.27% 10.93% 9.48% 9.27% 6.64% 11.72% 13.84% 13.59%
Earnings before Tax (EBT) 1 284.2 324.9 277.1 358.3 196.3 458 816.6 835.8
Net income 1 231.9 273.9 227.6 306.7 153.5 320.8 721.3 567.5
Net margin 7.48% 9.17% 7.81% 7.95% 5.35% 8.26% 12.25% 9.26%
EPS 2 0.2500 0.2900 0.2400 0.3100 0.1600 0.3200 0.6400 0.5700
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 - 0.0400 0.0600 0.0600 0.0600 0.0600 0.0600 0.0600
Announcement Date 3/31/20 2/26/21 3/30/22 3/29/23 3/29/24 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 3.67% 4.22% 3.18% 3.94% 1.94% 4.66% 6.83% 6.08%
ROA (Net income/ Total Assets) - 3.23% - 3.11% - 3.43% 4.22% 5.19%
Assets 1 - 8,478 - 9,849 - 9,353 17,092 10,934
Book Value Per Share 2 6.790 6.990 7.800 7.910 8.050 8.330 9.030 9.250
Cash Flow per Share 2 0.3400 0.4300 0.0400 0.4800 0.3900 0.4400 0.5000 1.530
Capex 1 - 170 203 329 323 468 424 583
Capex / Sales - 5.7% 6.97% 8.52% 11.27% 12.04% 7.21% 9.51%
Announcement Date 3/31/20 2/26/21 3/30/22 3/29/23 3/29/24 - - -
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
5
Last Close Price
16.85 CNY
Average target price
21.6 CNY
Spread / Average Target
+28.19%
Consensus

Annual profits - Rate of surprise

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