Financials Hollyland (China) Electronics Technology Corporation Limited

Equities

002729

CNE100001WL4

Electrical Components & Equipment

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
12.2 CNY -1.61% Intraday chart for Hollyland (China) Electronics Technology Corporation Limited +12.44% -46.40%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 4,131 1,374 3,351 3,103 4,354 4,635
Enterprise Value (EV) 1 4,032 1,299 3,247 2,978 4,267 4,604
P/E ratio 182 x 66.4 x 157 x 291 x 179 x 149 x
Yield 0.16% 0.34% 0.14% 0.09% 0.09% -
Capitalization / Revenue 24.4 x 7.77 x 18.8 x 18.3 x 19.6 x 18.3 x
EV / Revenue 23.8 x 7.34 x 18.2 x 17.6 x 19.2 x 18.2 x
EV / EBITDA 99.4 x 38.6 x 101 x 89.7 x 106 x 117 x
EV / FCF 1,170 x -47.4 x 52.5 x 115 x -97.9 x 198 x
FCF Yield 0.09% -2.11% 1.9% 0.87% -1.02% 0.51%
Price to Book 9.87 x 3.17 x 7.49 x 7.46 x 9.85 x 9.86 x
Nbr of stocks (in thousands) 182,970 182,970 182,970 182,970 182,970 182,970
Reference price 2 22.58 7.507 18.31 16.96 23.80 25.33
Announcement Date 3/19/18 4/26/19 4/28/20 4/28/21 4/28/22 3/23/23
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 169.6 176.9 178.1 169.2 222.6 253
EBITDA 1 40.55 33.62 32.22 33.21 40.42 39.28
EBIT 1 26.61 19.7 18.75 20.29 28.62 27.2
Operating Margin 15.69% 11.14% 10.53% 11.99% 12.86% 10.75%
Earnings before Tax (EBT) 1 28.87 24.2 25 14.5 28.52 33.14
Net income 1 22.78 20.63 21.61 10.78 24.14 30.4
Net margin 13.43% 11.66% 12.13% 6.37% 10.85% 12.02%
EPS 2 0.1239 0.1130 0.1166 0.0583 0.1327 0.1700
Free Cash Flow 1 3.447 -27.39 61.83 25.88 -43.59 23.26
FCF margin 2.03% -15.49% 34.72% 15.29% -19.58% 9.19%
FCF Conversion (EBITDA) 8.5% - 191.93% 77.93% - 59.21%
FCF Conversion (Net income) 15.14% - 286.15% 239.93% - 76.5%
Dividend per Share 2 0.0364 0.0255 0.0255 0.0146 0.0204 -
Announcement Date 3/19/18 4/26/19 4/28/20 4/28/21 4/28/22 3/23/23
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - - - -
Net Cash position 1 99.7 75 103 125 86.7 30.7
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 3.45 -27.4 61.8 25.9 -43.6 23.3
ROE (net income / shareholders' equity) 5.54% 4.84% 4.9% 2.5% 5.63% 6.65%
ROA (Net income/ Total Assets) 3.75% 2.63% 2.4% 2.64% 3.61% 3.08%
Assets 1 606.9 784.6 899 408.9 668.2 988.3
Book Value Per Share 2 2.290 2.370 2.450 2.270 2.420 2.570
Cash Flow per Share 2 0.3800 0.5200 0.4800 0.7400 0.6000 0.4300
Capex 1 9.15 1.75 9.11 2.74 6.59 12.1
Capex / Sales 5.39% 0.99% 5.12% 1.62% 2.96% 4.78%
Announcement Date 3/19/18 4/26/19 4/28/20 4/28/21 4/28/22 3/23/23
1CNY in Million2CNY
Estimates
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