Financials Goldenmax International Group Ltd.

Equities

002636

CNE1000019C6

Semiconductors

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
6.92 CNY -0.86% Intraday chart for Goldenmax International Group Ltd. +7.12% -22.33%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 5,191 6,239 6,719 10,956 5,671 6,486
Enterprise Value (EV) 1 3,607 4,552 5,436 9,084 3,880 5,370
P/E ratio 17.7 x 39.9 x 37.2 x 15.9 x 64.9 x -82.5 x
Yield - - 0.65% 0.56% 1.09% -
Capitalization / Revenue 1.41 x 1.88 x 1.86 x 1.86 x 1.51 x 1.82 x
EV / Revenue 0.98 x 1.37 x 1.51 x 1.54 x 1.03 x 1.5 x
EV / EBITDA 9.91 x 16.8 x 15.2 x 10.1 x 46.1 x 126 x
EV / FCF 16.2 x 15.4 x 25.4 x 41.4 x -30.5 x -97.1 x
FCF Yield 6.16% 6.48% 3.94% 2.42% -3.27% -1.03%
Price to Book 2.06 x 2.34 x 2.36 x 3.14 x 1.61 x 1.46 x
Nbr of stocks (in thousands) 728,000 728,000 728,000 728,000 728,000 728,000
Reference price 2 7.130 8.570 9.230 15.05 7.790 8.910
Announcement Date 4/25/19 4/29/20 4/29/21 4/28/22 4/28/23 4/28/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 3,683 3,322 3,607 5,891 3,760 3,571
EBITDA 1 364.1 271.1 357.3 900.8 84.09 42.66
EBIT 1 278.8 172.2 260.3 795.9 -25.07 -108.1
Operating Margin 7.57% 5.18% 7.22% 13.51% -0.67% -3.03%
Earnings before Tax (EBT) 1 350.3 186.3 239.1 788.6 107.5 -72.5
Net income 1 293 156.1 180.3 690.2 87.1 -78.81
Net margin 7.95% 4.7% 5% 11.72% 2.32% -2.21%
EPS 2 0.4020 0.2150 0.2480 0.9480 0.1200 -0.1080
Free Cash Flow 1 222.3 295.1 214.4 219.5 -127.1 -55.33
FCF margin 6.04% 8.88% 5.94% 3.73% -3.38% -1.55%
FCF Conversion (EBITDA) 61.06% 108.84% 59.99% 24.37% - -
FCF Conversion (Net income) 75.87% 189% 118.87% 31.81% - -
Dividend per Share - - 0.0600 0.0850 0.0850 -
Announcement Date 4/25/19 4/29/20 4/29/21 4/28/22 4/28/23 4/28/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 1,584 1,687 1,284 1,873 1,791 1,117
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 222 295 214 220 -127 -55.3
ROE (net income / shareholders' equity) 12.7% 6.11% 6.5% 21.3% 2.63% -2.11%
ROA (Net income/ Total Assets) 4.22% 2.41% 3.23% 8.16% -0.24% -1.09%
Assets 1 6,945 6,472 5,586 8,457 -36,446 7,230
Book Value Per Share 2 3.450 3.670 3.910 4.800 4.840 6.110
Cash Flow per Share 2 2.180 1.240 0.8300 2.210 1.350 1.650
Capex 1 73.7 50.3 102 333 566 140
Capex / Sales 2% 1.52% 2.82% 5.65% 15.04% 3.91%
Announcement Date 4/25/19 4/29/20 4/29/21 4/28/22 4/28/23 4/28/24
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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