Financials China Spacesat Co.,Ltd.

Equities

600118

CNE000000SM3

Aerospace & Defense

End-of-day quote Shanghai S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
24.6 CNY +1.65% Intraday chart for China Spacesat Co.,Ltd. -0.40% -4.73%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 25,270 38,053 32,105 25,483 30,532 29,089 - -
Enterprise Value (EV) 1 25,270 38,053 32,105 25,483 30,532 29,089 29,089 29,089
P/E ratio 76.3 x 107 x 136 x 89.8 x 199 x 145 x 117 x 94.6 x
Yield - - - 0.35% 0.15% 0.16% 0.16% 0.16%
Capitalization / Revenue 3.91 x - - 3.09 x 4.44 x 3.56 x 3.1 x 2.71 x
EV / Revenue 3.91 x - - 3.09 x 4.44 x 3.56 x 3.1 x 2.71 x
EV / EBITDA 37.1 x - - 45.6 x 81.6 x 50.9 x 47.1 x 42.9 x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 4.41 x - - 4.07 x 4.82 x 4.51 x 4.4 x 4.26 x
Nbr of stocks (in thousands) 1,182,489 1,182,489 1,182,489 1,182,489 1,182,489 1,182,489 - -
Reference price 2 21.37 32.18 27.15 21.55 25.82 24.60 24.60 24.60
Announcement Date 4/25/20 3/24/21 3/30/22 3/30/23 4/16/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 6,463 - - 8,242 6,881 8,161 9,391 10,724
EBITDA 1 680.6 - - 558.3 374.3 571 618 678
EBIT 1 413.7 - - 338.7 167 246 286 339
Operating Margin 6.4% - - 4.11% 2.43% 3.01% 3.05% 3.16%
Earnings before Tax (EBT) 1 415.1 - - 337.4 165.7 212 259 320
Net income 1 335.6 353.5 233.2 285.8 157.5 201 247 304
Net margin 5.19% - - 3.47% 2.29% 2.46% 2.63% 2.83%
EPS 2 0.2800 0.3000 0.2000 0.2400 0.1300 0.1700 0.2100 0.2600
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 - - - 0.0750 0.0400 0.0400 0.0400 0.0400
Announcement Date 4/25/20 3/24/21 3/30/22 3/30/23 4/16/24 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 6.06% 6.1% - 4.65% 2.5% 3.12% 3.73% 4.45%
ROA (Net income/ Total Assets) - - - 2.1% - 1.41% 1.64% 1.91%
Assets 1 - - - 13,607 - 14,255 15,061 15,916
Book Value Per Share 2 4.840 - - 5.290 5.360 5.450 5.590 5.770
Cash Flow per Share 2 -0.5100 - - 0.2400 -0.9000 0.2400 0.2800 0.3900
Capex 1 291 - - 172 219 394 413 432
Capex / Sales 4.5% - - 2.09% 3.18% 4.83% 4.4% 4.03%
Announcement Date 4/25/20 3/24/21 3/30/22 3/30/23 4/16/24 - - -
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
C-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
1
Last Close Price
24.6
Average target price
-
Consensus

Annual profits - Rate of surprise

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