End-of-day quote
Shenzhen S.E.
06:00:00 2024-04-25 pm EDT
|
5-day change
|
1st Jan Change
|
10.9
CNY
|
+1.11%
|
|
+0.09%
|
-15.18%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
24,967
|
24,957
|
25,165
|
18,712
|
31,892
|
27,052
|
-
|
-
|
Enterprise Value (EV)
1 |
23,755
|
23,298
|
22,732
|
16,451
|
31,892
|
27,052
|
27,052
|
27,052
|
P/E ratio
|
47.1
x
|
43.3
x
|
39
x
|
28
x
|
42.8
x
|
30.9
x
|
24.6
x
|
20
x
|
Yield
|
1.11%
|
1.22%
|
1.37%
|
1.85%
|
1.17%
|
1.65%
|
2.02%
|
2.48%
|
Capitalization / Revenue
|
5.42
x
|
4.87
x
|
4.6
x
|
3.33
x
|
4.95
x
|
3.45
x
|
2.86
x
|
2.35
x
|
EV / Revenue
|
5.42
x
|
4.87
x
|
4.6
x
|
3.33
x
|
4.95
x
|
3.45
x
|
2.86
x
|
2.35
x
|
EV / EBITDA
|
34.9
x
|
33.3
x
|
28.3
x
|
21.7
x
|
35.9
x
|
22.8
x
|
18.5
x
|
15.3
x
|
EV / FCF
|
850
x
|
-
|
-
|
-
|
-43.8
x
|
-20
x
|
-22.3
x
|
-30.9
x
|
FCF Yield
|
0.12%
|
-
|
-
|
-
|
-2.28%
|
-4.99%
|
-4.48%
|
-3.23%
|
Price to Book
|
2.6
x
|
2.51
x
|
2.45
x
|
1.76
x
|
2.48
x
|
2.01
x
|
1.91
x
|
1.8
x
|
Nbr of stocks (in thousands)
|
2,305,325
|
2,304,449
|
2,304,449
|
2,304,449
|
2,481,834
|
2,481,834
|
-
|
-
|
Reference price
2 |
10.83
|
10.83
|
10.92
|
8.120
|
12.85
|
10.90
|
10.90
|
10.90
|
Announcement Date
|
2/20/20
|
3/2/21
|
3/25/22
|
3/24/23
|
3/28/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
4,607
|
5,122
|
5,474
|
5,616
|
6,449
|
7,834
|
9,474
|
11,507
|
EBITDA
1 |
716
|
749.9
|
890.4
|
863.2
|
887.5
|
1,189
|
1,464
|
1,772
|
EBIT
1 |
569.6
|
611.8
|
750.1
|
719.7
|
710.1
|
933.7
|
1,170
|
1,446
|
Operating Margin
|
12.36%
|
11.94%
|
13.7%
|
12.82%
|
11.01%
|
11.92%
|
12.35%
|
12.56%
|
Earnings before Tax (EBT)
1 |
599.3
|
638.7
|
734.2
|
722.7
|
712.1
|
937.4
|
1,230
|
1,448
|
Net income
1 |
519.5
|
585.6
|
653.6
|
668.2
|
703
|
878.9
|
1,147
|
1,355
|
Net margin
|
11.28%
|
11.43%
|
11.94%
|
11.9%
|
10.9%
|
11.22%
|
12.1%
|
11.77%
|
EPS
2 |
0.2300
|
0.2500
|
0.2800
|
0.2900
|
0.3000
|
0.3525
|
0.4425
|
0.5450
|
Free Cash Flow
1 |
29.37
|
-
|
-
|
-
|
-728.7
|
-1,351
|
-1,212
|
-875
|
FCF margin
|
0.64%
|
-
|
-
|
-
|
-11.3%
|
-17.25%
|
-12.79%
|
-7.6%
|
FCF Conversion (EBITDA)
|
4.1%
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (Net income)
|
5.65%
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
2 |
0.1200
|
0.1320
|
0.1500
|
0.1500
|
0.1500
|
0.1800
|
0.2200
|
0.2700
|
Announcement Date
|
2/20/20
|
3/2/21
|
3/25/22
|
3/24/23
|
3/28/24
|
-
|
-
|
-
|
Fiscal Period: December |
2020 S1
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
---|
Net sales
1 |
2,104
|
1,918
|
937.8
|
1,547
|
1,225
|
1,906
|
1,034
|
1,843
|
EBITDA
|
-
|
249.3
|
53.65
|
251.6
|
154.9
|
-
|
-
|
-
|
EBIT
1 |
-
|
327.2
|
57.05
|
268
|
100.1
|
294.5
|
52.3
|
270.9
|
Operating Margin
|
-
|
17.06%
|
6.08%
|
17.33%
|
8.18%
|
15.45%
|
5.06%
|
14.7%
|
Earnings before Tax (EBT)
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
272
|
Net income
1 |
213.6
|
-
|
-
|
-
|
-
|
-
|
-
|
269.1
|
Net margin
|
10.15%
|
-
|
-
|
-
|
-
|
-
|
-
|
14.6%
|
EPS
2 |
-
|
0.1100
|
0.0227
|
0.1100
|
0.0400
|
0.1200
|
0.0183
|
0.1200
|
Dividend per Share
|
-
|
0.1500
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
8/21/20
|
3/25/22
|
4/19/22
|
8/26/22
|
10/27/22
|
3/24/23
|
4/20/23
|
8/24/23
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
|
1,211
|
1,660
|
2,433
|
2,261
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
29.4
|
-
|
-
|
-
|
-729
|
-1,351
|
-1,212
|
-875
|
ROE (net income / shareholders' equity)
|
5.88%
|
6.02%
|
6.47%
|
6.41%
|
6.34%
|
6.53%
|
7.72%
|
8.9%
|
ROA (Net income/ Total Assets)
|
4.22%
|
4.32%
|
4.54%
|
-
|
-
|
-
|
-
|
-
|
Assets
1 |
12,304
|
13,553
|
14,408
|
-
|
-
|
-
|
-
|
-
|
Book Value Per Share
2 |
4.160
|
4.310
|
4.460
|
4.630
|
5.180
|
5.420
|
5.710
|
6.070
|
Cash Flow per Share
2 |
0.1000
|
0.6300
|
0.2700
|
-0.0200
|
-0.1100
|
-0.1800
|
0.1700
|
0.3200
|
Capex
1 |
207
|
243
|
168
|
390
|
460
|
466
|
491
|
532
|
Capex / Sales
|
4.49%
|
4.74%
|
3.07%
|
6.94%
|
7.13%
|
5.95%
|
5.18%
|
4.62%
|
Announcement Date
|
2/20/20
|
3/2/21
|
3/25/22
|
3/24/23
|
3/28/24
|
-
|
-
|
-
|
Last Close Price
10.9
CNY Average target price
13.91
CNY Spread / Average Target +27.61% Consensus |
1st Jan change
|
Capi.
|
---|
| -15.18% | 3.73B | | -26.28% | 1.31B | | -14.15% | 657M | | -11.45% | 490M | | -13.68% | 309M | | -5.52% | 139M | | -7.58% | 132M | | +57.20% | 73.73M | | +9.90% | 71.64M | | -8.68% | 51.42M |
Satellite Communications Network
|