Financials HAND Enterprise Solutions Co., Ltd.

Equities

300170

CNE100000ZQ8

IT Services & Consulting

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
6.42 CNY +2.39% Intraday chart for HAND Enterprise Solutions Co., Ltd. +14.64% -22.74%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 8,538 8,566 6,948 7,534 6,958 8,109
Enterprise Value (EV) 1 7,842 8,074 6,209 6,982 6,645 6,955
P/E ratio 22.2 x 96.9 x 112 x 43 x 19.9 x -277 x
Yield 0.31% - 0.38% - 0.74% 0.12%
Capitalization / Revenue 2.98 x 3.15 x 2.79 x 2.68 x 2.31 x 2.72 x
EV / Revenue 2.74 x 2.96 x 2.49 x 2.48 x 2.21 x 2.33 x
EV / EBITDA 24.3 x 95.5 x 38 x -449 x 50.7 x -57.9 x
EV / FCF -118 x -26.8 x 36 x -44.6 x -13.7 x -105 x
FCF Yield -0.85% -3.74% 2.78% -2.24% -7.32% -0.95%
Price to Book 2.9 x 2.79 x 2.1 x 2.2 x 1.77 x 1.68 x
Nbr of stocks (in thousands) 872,995 884,017 884,017 877,055 854,804 975,787
Reference price 2 9.780 9.690 7.860 8.590 8.140 8.310
Announcement Date 4/17/19 4/27/20 4/23/21 4/25/22 4/24/23 4/23/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 2,865 2,723 2,493 2,811 3,007 2,980
EBITDA 1 322.6 84.58 163.5 -15.56 131 -120.1
EBIT 1 298.8 60.91 141.8 -33.78 116.6 -132
Operating Margin 10.43% 2.24% 5.69% -1.2% 3.88% -4.43%
Earnings before Tax (EBT) 1 430.4 65.85 60.34 205 478.1 -63.43
Net income 1 386.9 86.11 65.71 197.1 437.8 -25.38
Net margin 13.5% 3.16% 2.64% 7.01% 14.56% -0.85%
EPS 2 0.4400 0.1000 0.0700 0.2000 0.4100 -0.0300
Free Cash Flow 1 -66.57 -301.6 172.6 -156.7 -486.4 -66.2
FCF margin -2.32% -11.07% 6.92% -5.57% -16.18% -2.22%
FCF Conversion (EBITDA) - - 105.59% - - -
FCF Conversion (Net income) - - 262.7% - - -
Dividend per Share 2 0.0300 - 0.0300 - 0.0600 0.0100
Announcement Date 4/17/19 4/27/20 4/23/21 4/25/22 4/24/23 4/23/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 696 492 740 551 313 1,154
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -66.6 -302 173 -157 -486 -66.2
ROE (net income / shareholders' equity) 14.4% 2.88% 1.93% 5.66% 11.8% -0.55%
ROA (Net income/ Total Assets) 5.36% 0.95% 1.88% -0.41% 1.33% -1.4%
Assets 1 7,215 9,062 3,489 -48,491 32,990 1,812
Book Value Per Share 2 3.370 3.470 3.750 3.900 4.600 4.950
Cash Flow per Share 2 0.9900 1.240 2.320 1.850 1.850 1.570
Capex 1 198 231 225 247 354 274
Capex / Sales 6.92% 8.5% 9.04% 8.79% 11.77% 9.2%
Announcement Date 4/17/19 4/27/20 4/23/21 4/25/22 4/24/23 4/23/24
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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