CHANGZHOU XINGYU AUTOMOTIVE LIGHTING SYSTEMS CO.,LTD. Financials Changzhou Xingyu Automotive Lighting Systems Co.,Ltd.
Equities
601799
CNE1000011H2
Auto, Truck & Motorcycle Parts
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 128.5 CNY | -2.44% |
|
-3.01% | -1.98% |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 26,229 | 55,369 | 58,350 | 36,387 | 37,455 | 36,713 | - | - |
| Enterprise Value (EV) 1 | 25,184 | 54,524 | 56,955 | 34,901 | 35,364 | 34,545 | 32,976 | 33,010 |
| P/E ratio | 33.2 x | 47.8 x | 59.9 x | 38.7 x | 34 x | 27.2 x | 18.8 x | 14.7 x |
| Yield | 1.05% | 0.65% | 0.54% | 0.86% | 0.92% | 1.16% | 1.42% | 1.37% |
| Capitalization / Revenue | 4.31 x | 7.56 x | 7.38 x | 4.41 x | 3.65 x | 2.87 x | 2.34 x | 1.88 x |
| EV / Revenue | 4.13 x | 7.45 x | 7.2 x | 4.23 x | 3.45 x | 2.7 x | 2.1 x | 1.69 x |
| EV / EBITDA | 22.2 x | 33.6 x | 41.5 x | 24.5 x | 21.3 x | 17.1 x | 13.2 x | 11.2 x |
| EV / FCF | 96 x | - | -77.3 x | 76.5 x | -105 x | 14.2 x | 31.6 x | 26.7 x |
| FCF Yield | 1.04% | - | -1.29% | 1.31% | -0.95% | 7.02% | 3.17% | 3.75% |
| Price to Book | 5.37 x | 9.6 x | 7.24 x | 4.27 x | 4.1 x | 3.62 x | 3.02 x | 2.63 x |
| Nbr of stocks (in thousands) | 276,155 | 276,155 | 285,679 | 285,679 | 285,679 | 285,679 | - | - |
| Reference price 2 | 94.98 | 200.5 | 204.2 | 127.4 | 131.1 | 128.5 | 128.5 | 128.5 |
| Announcement Date | 4/17/20 | 3/9/21 | 3/25/22 | 3/29/23 | 3/27/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 6,092 | 7,323 | 7,909 | 8,248 | 10,248 | 12,783 | 15,667 | 19,506 |
| EBITDA 1 | 1,136 | 1,624 | 1,374 | 1,426 | 1,659 | 2,020 | 2,495 | 2,938 |
| EBIT 1 | 948 | 1,367 | 1,080 | 1,054 | 1,199 | 1,648 | 2,142 | 2,734 |
| Operating Margin | 15.56% | 18.67% | 13.66% | 12.78% | 11.7% | 12.89% | 13.67% | 14.01% |
| Earnings before Tax (EBT) 1 | 948.3 | 1,365 | 1,078 | 1,050 | 1,203 | 1,498 | 2,173 | 2,759 |
| Net income 1 | 789.9 | 1,160 | 949.4 | 941.4 | 1,102 | 1,348 | 1,948 | 2,502 |
| Net margin | 12.97% | 15.83% | 12% | 11.41% | 10.75% | 10.55% | 12.44% | 12.83% |
| EPS 2 | 2.860 | 4.199 | 3.409 | 3.295 | 3.858 | 4.719 | 6.821 | 8.755 |
| Free Cash Flow 1 | 262.5 | - | -737.1 | 456.2 | -335.6 | 2,425 | 1,045 | 1,237 |
| FCF margin | 4.31% | - | -9.32% | 5.53% | -3.27% | 18.97% | 6.67% | 6.34% |
| FCF Conversion (EBITDA) | 23.09% | - | - | 31.98% | - | 120.03% | 41.89% | 42.1% |
| FCF Conversion (Net income) | 33.23% | - | - | 48.45% | - | 179.89% | 53.63% | 49.44% |
| Dividend per Share 2 | 1.000 | 1.300 | 1.100 | 1.100 | 1.200 | 1.494 | 1.823 | 1.755 |
| Announcement Date | 4/17/20 | 3/9/21 | 3/25/22 | 3/29/23 | 3/27/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,251 | 2,132 | 1,586 | 2,246 | 2,284 | 1,923 | 2,502 | 2,812 | 3,012 | 2,412 | 3,601 | 3,344 | 3,087 | 2,960 | 3,852 |
| EBITDA 1 | - | 333.3 | 246.2 | 347.6 | - | - | - | - | - | - | 492.2 | 464.7 | 437.3 | - | - |
| EBIT 1 | 235.8 | 310.8 | 198 | 332.1 | 213.2 | 217.6 | 298.9 | 349.2 | 333.7 | 274 | 384.4 | 357 | 329.5 | - | - |
| Operating Margin | 10.48% | 14.57% | 12.48% | 14.79% | 9.33% | 11.32% | 11.95% | 12.42% | 11.08% | 11.36% | 10.67% | 10.67% | 10.67% | - | - |
| Earnings before Tax (EBT) 1 | 235.4 | 309.1 | 197.7 | 331 | 212.1 | 217.5 | 298.9 | 353 | 333.8 | 271.1 | 419.4 | 389.4 | 359.5 | - | - |
| Net income 1 | 210.9 | 269.6 | 187.9 | 296.4 | 187.5 | 203.6 | 263 | 314.9 | 320.5 | 242.8 | 377.5 | 350.5 | 323.5 | - | - |
| Net margin | 9.37% | 12.64% | 11.85% | 13.2% | 8.21% | 10.59% | 10.51% | 11.2% | 10.64% | 10.06% | 10.48% | 10.48% | 10.48% | - | - |
| EPS 2 | 0.7600 | 0.9436 | 0.6600 | 1.040 | 0.6600 | 0.7128 | 0.9300 | 1.110 | 1.110 | 0.8555 | 1.321 | 1.227 | 1.133 | - | - |
| Dividend per Share 2 | 1.100 | - | - | - | 1.100 | - | - | - | - | - | - | - | 1.464 | - | - |
| Announcement Date | 3/25/22 | 4/27/22 | 8/25/22 | 10/27/22 | 3/29/23 | 4/27/23 | 8/25/23 | 10/25/23 | 3/27/24 | 4/25/24 | - | - | - | - | - |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | 1,046 | 846 | 1,395 | 1,486 | 2,092 | 2,167 | 3,736 | 3,703 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | 262 | - | -737 | 456 | -336 | 2,425 | 1,045 | 1,237 |
| ROE (net income / shareholders' equity) | 17.2% | 21.8% | 12.3% | 11.6% | 12.6% | 14.6% | 16.2% | 17.2% |
| ROA (Net income/ Total Assets) | 10% | 11.6% | 7.25% | - | - | 9.27% | 9.73% | 10.2% |
| Assets 1 | 7,901 | 9,991 | 13,097 | - | - | 14,548 | 20,018 | 24,529 |
| Book Value Per Share 2 | 17.70 | 20.90 | 28.20 | 29.80 | 32.00 | 35.50 | 42.50 | 48.90 |
| Cash Flow per Share 2 | 3.910 | 6.790 | 1.870 | 4.930 | 2.440 | 5.470 | 7.560 | 7.660 |
| Capex 1 | 818 | 792 | 1,257 | 952 | 1,033 | 1,026 | 1,038 | 414 |
| Capex / Sales | 13.42% | 10.81% | 15.89% | 11.54% | 10.08% | 8.02% | 6.63% | 2.12% |
| Announcement Date | 4/17/20 | 3/9/21 | 3/25/22 | 3/29/23 | 3/27/24 | - | - | - |
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
D+
Sell
Buy
Mean consensus
BUY
Number of Analysts
11
Last Close Price
128.5
CNY
Average target price
161.3
CNY
Spread / Average Target
+25.49%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -1.98% | 5.07B | |
| +6.28% | 8.03B | |
| +10.31% | 2.92B | |
| -16.34% | 2.78B | |
| +2.97% | 2.61B | |
| +28.26% | 1.77B | |
| +35.33% | 1.62B | |
| +3.15% | 1.49B | |
| -22.93% | 1.43B | |
| +37.07% | 1.02B |
- Stock Market
- Equities
- 601799 Stock
- Financials Changzhou Xingyu Automotive Lighting Systems Co.,Ltd.
