Financials Changzhou Langbo Sealing Technologies Co.,Ltd.

Equities

603655

CNE100002T48

Tires & Rubber Products

End-of-day quote Shanghai S.E. 06:00:00 2024-04-28 pm EDT 5-day change 1st Jan Change
15.63 CNY +1.43% Intraday chart for Changzhou Langbo Sealing Technologies Co.,Ltd. +14.09% -24.93%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,654 2,338 2,285 2,315 2,639 2,207
Enterprise Value (EV) 1 1,458 2,143 2,083 2,092 2,398 1,971
P/E ratio 55.7 x 100 x 103 x 95 x 178 x 110 x
Yield 0.64% 0.32% 0.46% 0.46% 0.2% -
Capitalization / Revenue 9.49 x 14.6 x 13.5 x 12 x 15 x 11.2 x
EV / Revenue 8.37 x 13.4 x 12.3 x 10.8 x 13.6 x 10 x
EV / EBITDA 35.1 x 59.1 x 50.4 x 49.1 x 97.7 x 56.7 x
EV / FCF 124 x 26.9 x 729 x 99.6 x 137 x -187 x
FCF Yield 0.81% 3.72% 0.14% 1% 0.73% -0.54%
Price to Book 3.44 x 4.74 x 4.5 x 4.43 x 5.01 x 3.99 x
Nbr of stocks (in thousands) 106,000 106,000 106,000 106,000 106,000 106,000
Reference price 2 15.60 22.06 21.56 21.84 24.90 20.82
Announcement Date 4/21/19 4/28/20 4/26/21 4/25/22 4/25/23 4/25/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 174.3 160 168.7 193.2 176.1 197
EBITDA 1 41.59 36.26 41.3 42.58 24.55 34.78
EBIT 1 27.14 19.98 23.53 25.5 8.167 17.95
Operating Margin 15.57% 12.49% 13.95% 13.2% 4.64% 9.11%
Earnings before Tax (EBT) 1 35.23 26.53 26.38 28.83 15.99 22.97
Net income 1 30.21 22.92 22.53 24.74 15.28 20.04
Net margin 17.33% 14.33% 13.36% 12.8% 8.68% 10.17%
EPS 2 0.2800 0.2200 0.2100 0.2300 0.1400 0.1900
Free Cash Flow 1 11.77 79.72 2.858 21 17.49 -10.55
FCF margin 6.75% 49.83% 1.69% 10.87% 9.94% -5.36%
FCF Conversion (EBITDA) 28.3% 219.86% 6.92% 49.32% 71.27% -
FCF Conversion (Net income) 38.97% 347.76% 12.68% 84.89% 114.45% -
Dividend per Share 2 0.1000 0.0700 0.1000 0.1000 0.0500 -
Announcement Date 4/21/19 4/28/20 4/26/21 4/25/22 4/25/23 4/25/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 195 196 203 223 241 236
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 11.8 79.7 2.86 21 17.5 -10.6
ROE (net income / shareholders' equity) 6.41% 4.71% 4.5% 4.8% 2.91% 3.75%
ROA (Net income/ Total Assets) 3.35% 2.41% 2.76% 2.89% 0.91% 1.95%
Assets 1 901.1 951.1 815.6 856.5 1,685 1,026
Book Value Per Share 2 4.540 4.650 4.790 4.930 4.970 5.220
Cash Flow per Share 2 1.090 1.080 1.150 1.390 1.420 1.060
Capex 1 16.1 21.7 11 7.68 7.71 9.64
Capex / Sales 9.22% 13.56% 6.51% 3.98% 4.38% 4.9%
Announcement Date 4/21/19 4/28/20 4/26/21 4/25/22 4/25/23 4/25/24
1CNY in Million2CNY
Estimates
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