Financials China Saftower International Holding Group Limited

Equities

8623

KYG2121V1041

Electrical Components & Equipment

Delayed Hong Kong S.E. 04:08:22 2024-04-29 am EDT 5-day change 1st Jan Change
0.024 HKD 0.00% Intraday chart for China Saftower International Holding Group Limited 0.00% -35.14%

Valuation

Fiscal Period: December 2020 2021 2022
Capitalization 1 50.5 57.72 40.63
Enterprise Value (EV) 1 140.3 231.3 171.2
P/E ratio 23.2 x -2.15 x -1.89 x
Yield - - -
Capitalization / Revenue 0.1 x 0.11 x 0.05 x
EV / Revenue 0.27 x 0.42 x 0.23 x
EV / EBITDA 7.22 x -12.1 x -4.78 x
EV / FCF -5,345,868 x -3,352,550 x 4,388,457 x
FCF Yield -0% -0% 0%
Price to Book 0.33 x 0.43 x 0.36 x
Nbr of stocks (in thousands) 800,000 920,000 920,000
Reference price 2 0.0631 0.0627 0.0442
Announcement Date 3/31/21 3/31/22 3/31/23
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 262.3 552.7 685.5 518.2 544.4 757.9
EBITDA 1 3.334 26.3 35.12 19.42 -19.12 -35.8
EBIT 1 -1.592 21.12 29.36 11.55 -27.44 -45.89
Operating Margin -0.61% 3.82% 4.28% 2.23% -5.04% -6.05%
Earnings before Tax (EBT) 1 3.174 21.55 33.89 2.666 -30.65 -32
Net income 1 2.18 17.49 26.61 1.895 -25.22 -21.53
Net margin 0.83% 3.16% 3.88% 0.37% -4.63% -2.84%
EPS - - 0.0443 0.002725 -0.0292 -0.0234
Free Cash Flow - -50.3 -47.97 -26.24 -69 39.01
FCF margin - -9.1% -7% -5.06% -12.68% 5.15%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 6/24/20 6/24/20 6/24/20 3/31/21 3/31/22 3/31/23
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 66.4 92.2 96 89.8 174 131
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 19.91 x 3.507 x 2.734 x 4.622 x -9.081 x -3.647 x
Free Cash Flow - -50.3 -48 -26.2 -69 39
ROE (net income / shareholders' equity) - 23.9% 26.2% 1.77% -15.7% -17.3%
ROA (Net income/ Total Assets) - 5.73% 6.09% 2.11% -4.19% -6.65%
Assets 1 - 304.9 437.1 89.7 602.1 323.6
Book Value Per Share - - 0.1900 0.1900 0.1400 0.1200
Cash Flow per Share - - 0 0.0200 0.0100 0
Capex 1 27.3 10.1 10.4 10.8 11.4 10.7
Capex / Sales 10.39% 1.82% 1.51% 2.08% 2.09% 1.41%
Announcement Date 6/24/20 6/24/20 6/24/20 3/31/21 3/31/22 3/31/23
1CNY in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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