Financials China High Speed Transmission Equipment Group Co., Ltd.

Equities

658

KYG2112D1051

Renewable Energy Equipment & Services

Market Closed - Hong Kong S.E. 04:08:22 2024-04-29 am EDT 5-day change 1st Jan Change
0.8 HKD 0.00% Intraday chart for China High Speed Transmission Equipment Group Co., Ltd. +11.11% -50.92%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 10,769 8,082 10,460 7,488 5,069 2,423
Enterprise Value (EV) 1 11,554 5,408 6,717 4,528 4,815 4,431
P/E ratio 51.7 x 18.4 x 12.4 x 5.69 x 49.9 x 25.4 x
Yield 1.07% 3.62% - - - -
Capitalization / Revenue 1.31 x 0.83 x 0.68 x 0.37 x 0.24 x 0.1 x
EV / Revenue 1.41 x 0.56 x 0.44 x 0.22 x 0.23 x 0.18 x
EV / EBITDA 12.1 x 4.38 x 3.42 x 2.09 x 2.5 x 2.07 x
EV / FCF 5.31 x 1.72 x 2.62 x -2.47 x -1.99 x -2.01 x
FCF Yield 18.8% 58.2% 38.1% -40.6% -50.2% -49.7%
Price to Book 1 x 0.72 x 0.86 x 0.56 x 0.48 x 0.24 x
Nbr of stocks (in thousands) 1,635,292 1,635,292 1,635,292 1,635,292 1,635,292 1,635,292
Reference price 2 6.586 4.942 6.397 4.579 3.100 1.482
Announcement Date 4/26/19 4/27/20 4/28/21 4/14/22 4/21/23 4/23/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 8,204 9,723 15,369 20,211 21,080 24,077
EBITDA 1 956.8 1,235 1,962 2,171 1,923 2,141
EBIT 1 499.3 762.1 1,546 1,761 1,515 1,611
Operating Margin 6.09% 7.84% 10.06% 8.71% 7.19% 6.69%
Earnings before Tax (EBT) 1 279.8 416.1 1,178 1,632 1,044 727.7
Net income 1 208.4 438.2 840.9 1,315 101.6 95.52
Net margin 2.54% 4.51% 5.47% 6.51% 0.48% 0.4%
EPS 2 0.1274 0.2680 0.5142 0.8043 0.0621 0.0584
Free Cash Flow 1 2,178 3,146 2,563 -1,836 -2,419 -2,204
FCF margin 26.55% 32.36% 16.67% -9.09% -11.47% -9.15%
FCF Conversion (EBITDA) 227.6% 254.82% 130.59% - - -
FCF Conversion (Net income) 1,044.95% 718.05% 304.74% - - -
Dividend per Share 2 0.0703 0.1788 - - - -
Announcement Date 4/26/19 4/27/20 4/28/21 4/14/22 4/21/23 4/23/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 785 - - - - 2,009
Net Cash position 1 - 2,674 3,743 2,960 255 -
Leverage (Debt/EBITDA) 0.8204 x - - - - 0.9383 x
Free Cash Flow 1 2,178 3,146 2,563 -1,836 -2,419 -2,204
ROE (net income / shareholders' equity) 2.46% 3.19% 7.11% 10.6% 4.71% 4.47%
ROA (Net income/ Total Assets) 1.15% 1.85% 3.81% 3.97% 2.66% 2.42%
Assets 1 18,095 23,738 22,066 33,164 3,823 3,953
Book Value Per Share 2 6.600 6.850 7.470 8.190 6.410 6.280
Cash Flow per Share 2 1.260 1.540 1.340 2.010 2.680 3.440
Capex 1 491 525 465 1,134 2,607 2,432
Capex / Sales 5.98% 5.4% 3.03% 5.61% 12.37% 10.1%
Announcement Date 4/26/19 4/27/20 4/28/21 4/14/22 4/21/23 4/23/24
1CNY in Million2CNY
Estimates
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