Financials Hangzhou Jizhi Mechatronic Co., Ltd.

Equities

300553

CNE100002D87

Industrial Machinery & Equipment

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
27.4 CNY +1.37% Intraday chart for Hangzhou Jizhi Mechatronic Co., Ltd. +6.45% -23.46%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,564 1,766 1,477 1,863 3,888 2,904
Enterprise Value (EV) 1 1,422 1,613 1,321 1,818 3,707 2,846
P/E ratio 95.9 x 85.6 x 114 x 74.6 x 189 x 89.5 x
Yield 0.61% - 0.65% - 0.16% -
Capitalization / Revenue 11.2 x 10.6 x 8.97 x 8.26 x 16.4 x 11.4 x
EV / Revenue 10.1 x 9.7 x 8.02 x 8.06 x 15.6 x 11.2 x
EV / EBITDA 80.1 x 73.9 x 189 x 63.8 x 188 x 111 x
EV / FCF -81.3 x 115 x 82.7 x -17.2 x -73.4 x -23.9 x
FCF Yield -1.23% 0.87% 1.21% -5.8% -1.36% -4.18%
Price to Book 4.79 x 5.24 x 4.29 x 5.18 x 5.72 x 4.29 x
Nbr of stocks (in thousands) 62,400 62,400 62,400 62,400 81,120 81,120
Reference price 2 25.07 28.30 23.68 29.85 47.92 35.80
Announcement Date 4/11/19 4/9/20 3/30/21 4/19/22 3/27/23 4/19/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 140.2 166.3 164.6 225.6 236.9 254.9
EBITDA 1 17.74 21.83 6.98 28.47 19.71 25.75
EBIT 1 10.53 14.44 -0.7898 20.3 10.87 16.99
Operating Margin 7.51% 8.68% -0.48% 9% 4.59% 6.67%
Earnings before Tax (EBT) 1 15.17 20.5 12.04 25.91 17.34 32.4
Net income 1 16.37 20.86 12.73 24.75 18.56 32.73
Net margin 11.67% 12.54% 7.73% 10.97% 7.83% 12.84%
EPS 2 0.2615 0.3308 0.2077 0.4000 0.2538 0.4000
Free Cash Flow 1 -17.49 14.09 15.97 -105.5 -50.5 -118.9
FCF margin -12.47% 8.47% 9.7% -46.74% -21.32% -46.66%
FCF Conversion (EBITDA) - 64.52% 228.77% - - -
FCF Conversion (Net income) - 67.53% 125.43% - - -
Dividend per Share 2 0.1538 - 0.1538 - 0.0769 -
Announcement Date 4/11/19 4/9/20 3/30/21 4/19/22 3/27/23 4/19/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 142 153 157 45.3 180 58.4
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -17.5 14.1 16 -105 -50.5 -119
ROE (net income / shareholders' equity) 3.69% 5.37% 3.02% 6.8% 3.37% 4.27%
ROA (Net income/ Total Assets) 1.83% 2.45% -0.12% 2.62% 0.94% 1.08%
Assets 1 895.1 851 -10,300 944.7 1,977 3,027
Book Value Per Share 2 5.230 5.410 5.520 5.760 8.380 8.340
Cash Flow per Share 2 1.390 2.440 1.210 0.9600 2.740 2.510
Capex 1 15.7 3.57 2.86 131 67.5 146
Capex / Sales 11.23% 2.15% 1.74% 58.25% 28.5% 57.09%
Announcement Date 4/11/19 4/9/20 3/30/21 4/19/22 3/27/23 4/19/24
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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