Financials HIT Welding Industry Co.,Ltd

Equities

301137

CNE1000058F7

Iron & Steel

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
14.16 CNY -1.73% Intraday chart for HIT Welding Industry Co.,Ltd +0.43% -22.58%

Valuation

Fiscal Period: December 2022 2023
Capitalization 1 2,420 3,325
Enterprise Value (EV) 1 2,038 3,038
P/E ratio 49.3 x 57.2 x
Yield 0.67% -
Capitalization / Revenue 1.54 x 2.11 x
EV / Revenue 1.3 x 1.92 x
EV / EBITDA 37.6 x 28.3 x
EV / FCF -14.5 x -35.2 x
FCF Yield -6.91% -2.84%
Price to Book 1.87 x 2.45 x
Nbr of stocks (in thousands) 181,813 181,813
Reference price 2 13.31 18.29
Announcement Date 4/24/23 4/25/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,078 1,191 1,363 1,716 1,571 1,579
EBITDA 1 91.51 99.78 123.8 114.2 54.13 107.5
EBIT 1 77.46 78.72 98.76 82.84 20.36 64.88
Operating Margin 7.18% 6.61% 7.25% 4.83% 1.3% 4.11%
Earnings before Tax (EBT) 1 75.9 78.87 91.63 85.14 46.82 62.89
Net income 1 67.13 69.65 79.33 76.92 46.05 57.99
Net margin 6.23% 5.85% 5.82% 4.48% 2.93% 3.67%
EPS 2 0.4900 0.5100 0.5800 0.5600 0.2700 0.3200
Free Cash Flow 1 4.688 -47.62 49.4 -140.3 -140.7 -86.19
FCF margin 0.43% -4% 3.63% -8.18% -8.96% -5.46%
FCF Conversion (EBITDA) 5.12% - 39.9% - - -
FCF Conversion (Net income) 6.98% - 62.27% - - -
Dividend per Share - - 0.3000 0.0850 0.0890 -
Announcement Date 12/29/20 12/29/20 3/26/21 4/25/22 4/24/23 4/25/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - 145 - -
Net Cash position 1 92.7 45.4 30.7 - 382 287
Leverage (Debt/EBITDA) - - - 1.27 x - -
Free Cash Flow 1 4.69 -47.6 49.4 -140 -141 -86.2
ROE (net income / shareholders' equity) 13.9% 13.2% 14.5% 13.2% 4.8% 4.4%
ROA (Net income/ Total Assets) 5.36% 4.92% 5.11% 3.65% 0.72% 1.98%
Assets 1 1,253 1,416 1,554 2,110 6,357 2,935
Book Value Per Share 2 3.740 4.010 3.990 4.570 7.130 7.470
Cash Flow per Share 2 1.490 1.130 1.370 1.040 3.360 3.010
Capex 1 25.3 138 103 36.1 117 114
Capex / Sales 2.35% 11.6% 7.55% 2.11% 7.43% 7.23%
Announcement Date 12/29/20 12/29/20 3/26/21 4/25/22 4/24/23 4/25/24
1CNY in Million2CNY
Estimates
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