Financials Chengdu Leejun Industrial Co., Ltd.

Equities

002651

CNE100001B72

Industrial Machinery & Equipment

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
5.84 CNY -2.01% Intraday chart for Chengdu Leejun Industrial Co., Ltd. -4.89% -15.61%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 4,162 4,935 11,926 13,673 6,759 7,152
Enterprise Value (EV) 1 3,042 3,624 10,879 12,509 5,461 5,902
P/E ratio 34.1 x 26.9 x 60.7 x 69.6 x 31.1 x 57.7 x
Yield 1.47% 1.24% 0.87% 1.36% 0.61% -
Capitalization / Revenue 8.06 x 7.17 x 14.6 x 14.3 x 6.63 x 6.67 x
EV / Revenue 5.89 x 5.27 x 13.3 x 13 x 5.35 x 5.5 x
EV / EBITDA 23.3 x 18.8 x 50.5 x 53.4 x 20.5 x 21.2 x
EV / FCF 390 x 6.34 x -316 x 3,850 x 33.1 x 59.2 x
FCF Yield 0.26% 15.8% -0.32% 0.03% 3.02% 1.69%
Price to Book 2.03 x 2.24 x 5.04 x 5.77 x 2.6 x 2.65 x
Nbr of stocks (in thousands) 1,017,500 1,017,500 1,033,460 1,033,460 1,033,460 1,033,460
Reference price 2 4.090 4.850 11.54 13.23 6.540 6.920
Announcement Date 4/23/19 4/27/20 4/27/21 4/26/22 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 1 516.6 687.8 818.9 958.9 1,020 1,073
EBITDA 1 130.8 193.2 215.5 234.5 266.9 278.8
EBIT 1 104.7 167.3 187.6 203.7 220 225.1
Operating Margin 20.26% 24.32% 22.91% 21.24% 21.57% 20.99%
Earnings before Tax (EBT) 1 141.7 210.1 223.9 234.7 255.1 162.6
Net income 1 119.1 178.3 191.7 199.9 219.7 122.9
Net margin 23.05% 25.92% 23.41% 20.85% 21.54% 11.46%
EPS 2 0.1200 0.1800 0.1900 0.1900 0.2100 0.1200
Free Cash Flow 1 7.805 571.4 -34.45 3.25 165 99.72
FCF margin 1.51% 83.07% -4.21% 0.34% 16.18% 9.3%
FCF Conversion (EBITDA) 5.97% 295.71% - 1.39% 61.81% 35.76%
FCF Conversion (Net income) 6.56% 320.5% - 1.63% 75.1% 81.14%
Dividend per Share 2 0.0600 0.0600 0.1000 0.1800 0.0400 -
Announcement Date 4/23/19 4/27/20 4/27/21 4/26/22 4/26/23 4/26/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2023 Q2
Net sales -
EBITDA -
EBIT -
Operating Margin -
Earnings before Tax (EBT) -
Net income 1 105.6
Net margin -
EPS 2 0.1000
Dividend per Share -
Announcement Date 8/28/23
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 1,119 1,311 1,047 1,163 1,298 1,250
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 7.8 571 -34.5 3.25 165 99.7
ROE (net income / shareholders' equity) 5.92% 8.39% 8.39% 8.39% 8.8% 4.64%
ROA (Net income/ Total Assets) 2.63% 4.04% 4.16% 4.19% 4.19% 4.16%
Assets 1 4,526 4,412 4,611 4,772 5,248 2,952
Book Value Per Share 2 2.010 2.160 2.290 2.290 2.510 2.610
Cash Flow per Share 2 0.5100 0.6000 0.4400 0.9400 1.170 1.220
Capex 1 7.26 24 181 195 57.6 35.3
Capex / Sales 1.41% 3.49% 22.05% 20.33% 5.65% 3.29%
Announcement Date 4/23/19 4/27/20 4/27/21 4/26/22 4/26/23 4/26/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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