End-of-day quote
Shanghai S.E.
06:00:00 2024-04-28 pm EDT
|
5-day change
|
1st Jan Change
|
37.25
CNY
|
+3.01%
|
|
-2.59%
|
-16.65%
|
Fiscal Period: December |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
11,645
|
13,425
|
10,077
|
8,312
|
6,792
|
-
|
-
|
Enterprise Value (EV)
2 |
10,823
|
11,851
|
8,385
|
6,830
|
5,662
|
5,730
|
5,540
|
P/E ratio
|
74.7
x
|
36.6
x
|
26.6
x
|
39.9
x
|
29.6
x
|
22.5
x
|
20.8
x
|
Yield
|
0.12%
|
0.27%
|
0.38%
|
0.25%
|
0.3%
|
0.52%
|
0.9%
|
Capitalization / Revenue
|
10.8
x
|
9.44
x
|
6.94
x
|
6.04
x
|
4.81
x
|
3.69
x
|
3.64
x
|
EV / Revenue
|
10
x
|
8.33
x
|
5.77
x
|
4.97
x
|
4.01
x
|
3.12
x
|
2.97
x
|
EV / EBITDA
|
38.8
x
|
28.7
x
|
16.9
x
|
18.8
x
|
13.8
x
|
10.2
x
|
13.3
x
|
EV / FCF
|
55.5
x
|
35.1
x
|
58.7
x
|
-14.3
x
|
38.7
x
|
22.6
x
|
19
x
|
FCF Yield
|
1.8%
|
2.85%
|
1.7%
|
-6.98%
|
2.58%
|
4.43%
|
5.27%
|
Price to Book
|
7.18
x
|
4.76
x
|
3.48
x
|
2.74
x
|
2.11
x
|
1.94
x
|
1.82
x
|
Nbr of stocks (in thousands)
|
1,215,925
|
1,320,092
|
1,320,092
|
1,320,092
|
1,320,092
|
-
|
-
|
Reference price
3 |
62.49
|
64.60
|
52.65
|
44.69
|
37.25
|
37.25
|
37.25
|
Announcement Date
|
2/25/21
|
2/23/22
|
2/24/23
|
2/28/24
|
-
|
-
|
-
|
1CNY in Million2USD in Million3CNY Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
812.7
|
1,078
|
1,423
|
1,453
|
1,375
|
1,413
|
1,839
|
1,866
|
EBITDA
1 |
159.9
|
278.9
|
413.4
|
495.4
|
364.1
|
409.5
|
559.2
|
417.1
|
EBIT
1 |
67.46
|
165.6
|
361.6
|
366.4
|
231.7
|
207.2
|
298.3
|
285.3
|
Operating Margin
|
8.3%
|
15.36%
|
25.41%
|
25.22%
|
16.84%
|
14.66%
|
16.22%
|
15.29%
|
Earnings before Tax (EBT)
1 |
71.44
|
167.7
|
362.1
|
383.1
|
234.5
|
236.1
|
329.5
|
349.5
|
Net income
1 |
56.71
|
148.9
|
348.8
|
378
|
205.6
|
206.4
|
302.6
|
326
|
Net margin
|
6.98%
|
13.81%
|
24.52%
|
26.01%
|
14.95%
|
14.61%
|
16.45%
|
17.47%
|
EPS
2 |
0.3300
|
0.8362
|
1.764
|
1.980
|
1.119
|
1.258
|
1.658
|
1.788
|
Free Cash Flow
1 |
-
|
194.9
|
337.3
|
142.7
|
-477
|
146.3
|
253.7
|
292.1
|
FCF margin
|
-
|
18.08%
|
23.71%
|
9.82%
|
-34.68%
|
10.35%
|
13.8%
|
15.65%
|
FCF Conversion (EBITDA)
|
-
|
69.89%
|
81.59%
|
28.81%
|
-
|
35.72%
|
45.37%
|
70.04%
|
FCF Conversion (Net income)
|
-
|
130.9%
|
96.69%
|
37.77%
|
-
|
70.86%
|
83.87%
|
89.61%
|
Dividend per Share
2 |
-
|
0.0737
|
0.1718
|
0.1983
|
0.1118
|
0.1118
|
0.1945
|
0.3355
|
Announcement Date
|
4/22/20
|
2/25/21
|
2/23/22
|
2/24/23
|
2/28/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S2
|
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 |
439.1
|
606.4
|
357.1
|
386.7
|
387.8
|
346.5
|
350.7
|
338.9
|
368.5
|
341.7
|
329.3
|
292.1
|
413
|
427.7
|
415.8
|
479.1
|
489.1
|
EBITDA
1 |
-
|
-
|
160
|
118.6
|
118.8
|
91.67
|
-
|
-
|
-
|
-
|
-
|
-
|
92.99
|
100.7
|
108.4
|
126.7
|
136.7
|
EBIT
1 |
39.71
|
95.18
|
90.25
|
101
|
108.9
|
80.29
|
81.72
|
63.17
|
62.66
|
42.84
|
63.97
|
3.474
|
57.87
|
52.75
|
62.7
|
58.13
|
68.12
|
Operating Margin
|
9.04%
|
15.7%
|
25.27%
|
26.11%
|
28.07%
|
23.17%
|
23.3%
|
18.64%
|
17%
|
12.54%
|
19.42%
|
1.19%
|
14.01%
|
12.33%
|
15.08%
|
12.13%
|
13.93%
|
Earnings before Tax (EBT)
1 |
42.3
|
96.12
|
90.52
|
-
|
109.1
|
100.3
|
77.52
|
-
|
-
|
43.57
|
64.19
|
3.595
|
43.06
|
59.2
|
70.52
|
82.1
|
92.08
|
Net income
1 |
33.45
|
86.35
|
89.86
|
95.27
|
108.3
|
98.02
|
80.87
|
-
|
-
|
38.03
|
58.88
|
4.582
|
40.99
|
55.89
|
66.52
|
76.61
|
86.59
|
Net margin
|
7.62%
|
14.24%
|
25.16%
|
24.64%
|
27.91%
|
28.28%
|
23.06%
|
-
|
-
|
11.13%
|
17.88%
|
1.57%
|
9.92%
|
13.07%
|
16%
|
15.99%
|
17.7%
|
EPS
2 |
0.1940
|
0.4632
|
0.4400
|
0.4692
|
0.5565
|
0.5300
|
0.4200
|
0.2877
|
0.3000
|
0.2100
|
0.3200
|
0.0251
|
0.2272
|
0.2980
|
0.3322
|
0.3738
|
0.4060
|
Dividend per Share
2 |
-
|
-
|
0.1718
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
0.1436
|
-
|
-
|
Announcement Date
|
4/22/20
|
2/25/21
|
2/23/22
|
4/22/22
|
8/18/22
|
10/26/22
|
2/24/23
|
4/27/23
|
8/30/23
|
10/27/23
|
2/28/24
|
4/25/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
-
|
822
|
1,574
|
1,692
|
1,483
|
1,130
|
1,062
|
1,252
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
-
|
195
|
337
|
143
|
-477
|
146
|
254
|
292
|
ROE (net income / shareholders' equity)
|
8.03%
|
10.3%
|
15.5%
|
14%
|
7.15%
|
5.23%
|
9.52%
|
9.03%
|
ROA (Net income/ Total Assets)
|
3.99%
|
7.21%
|
11.4%
|
10.8%
|
5.32%
|
4.07%
|
5.87%
|
7.12%
|
Assets
1 |
1,421
|
2,064
|
3,048
|
3,513
|
3,868
|
5,074
|
5,153
|
4,578
|
Book Value Per Share
2 |
6.170
|
8.700
|
13.60
|
15.10
|
16.30
|
17.70
|
19.20
|
20.50
|
Cash Flow per Share
2 |
0.6600
|
1.510
|
2.620
|
2.320
|
1.320
|
2.620
|
1.270
|
-
|
Capex
1 |
86.5
|
88.2
|
194
|
299
|
717
|
519
|
349
|
204
|
Capex / Sales
|
10.64%
|
8.18%
|
13.64%
|
20.57%
|
52.12%
|
36.71%
|
18.97%
|
10.94%
|
Announcement Date
|
4/22/20
|
2/25/21
|
2/23/22
|
2/24/23
|
2/28/24
|
-
|
-
|
-
|
Last Close Price
37.25
CNY Average target price
51.62
CNY Spread / Average Target +38.57% Consensus |
1st Jan change
|
Capi.
|
---|
| -16.65% | 6.59B | | +77.21% | 2,159B | | +19.92% | 623B | | +34.06% | 622B | | +8.68% | 254B | | +16.99% | 185B | | +5.18% | 162B | | -37.59% | 136B | | +34.01% | 127B | | +37.39% | 105B |
Other Semiconductors
|