Financials Huazhang Technology Holding Limited

Equities

1673

KYG464201162

Industrial Machinery & Equipment

Market Closed - Hong Kong S.E. 04:08:22 2024-04-29 am EDT 5-day change 1st Jan Change
0.249 HKD +0.81% Intraday chart for Huazhang Technology Holding Limited -0.40% -34.47%

Valuation

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Capitalization 1 2,152 2,328 1,672 1,025 440.6 385.7
Enterprise Value (EV) 1 2,177 2,416 1,809 989.7 312.6 396.6
P/E ratio 41.5 x -18 x -21.6 x 47.2 x -1.07 x -7.52 x
Yield 0.85% - - - - -
Capitalization / Revenue 3.52 x 3.05 x 4.54 x 2.06 x 1.36 x 0.73 x
EV / Revenue 3.56 x 3.16 x 4.91 x 1.99 x 0.97 x 0.75 x
EV / EBITDA 30 x 48.5 x 242 x 23.6 x -1.02 x -25.4 x
EV / FCF -18 x -42.8 x 12.2 x -39.5 x 2.02 x -2.52 x
FCF Yield -5.55% -2.34% 8.18% -2.53% 49.5% -39.7%
Price to Book 2.81 x 3.55 x 2.93 x 1.5 x 1.1 x 1.08 x
Nbr of stocks (in thousands) 722,865 733,857 733,857 886,741 1,064,089 1,064,089
Reference price 2 2.977 3.173 2.279 1.156 0.4141 0.3625
Announcement Date 10/24/18 10/31/19 10/30/20 10/24/21 2/3/23 10/30/23
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net sales 1 612.1 764 368.2 496.9 323.9 528.9
EBITDA 1 72.55 49.77 7.479 41.9 -307.1 -15.62
EBIT 1 66.66 34.51 -7.718 27.19 -321.4 -30.3
Operating Margin 10.89% 4.52% -2.1% 5.47% -99.24% -5.73%
Earnings before Tax (EBT) 1 60.42 -121 -82.93 23.11 -351.2 -51.55
Net income 1 48.29 -128.3 -77.5 17.98 -363.8 -51.25
Net margin 7.89% -16.79% -21.05% 3.62% -112.31% -9.69%
EPS 2 0.0718 -0.1761 -0.1056 0.0245 -0.3865 -0.0482
Free Cash Flow 1 -120.8 -56.46 148 -25.07 154.8 -157.5
FCF margin -19.73% -7.39% 40.19% -5.04% 47.8% -29.78%
FCF Conversion (EBITDA) - - 1,978.37% - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 0.0253 - - - - -
Announcement Date 10/24/18 10/31/19 10/30/20 10/24/21 2/3/23 10/30/23
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net Debt 1 24.7 87.4 137 - - 10.9
Net Cash position 1 - - - 35.3 128 -
Leverage (Debt/EBITDA) 0.3403 x 1.755 x 18.29 x - - -0.6971 x
Free Cash Flow 1 -121 -56.5 148 -25.1 155 -158
ROE (net income / shareholders' equity) 8.81% -18.3% -12.6% 2.63% -68% -14.1%
ROA (Net income/ Total Assets) 4.11% 1.61% -0.36% 1.23% -16.6% -1.88%
Assets 1 1,176 -7,989 21,357 1,459 2,197 2,726
Book Value Per Share 2 1.060 0.8900 0.7800 0.7700 0.3800 0.3400
Cash Flow per Share 2 0.1000 0.0300 0.0600 0.1600 0.1300 0.0400
Capex 1 17.1 12.9 9.72 2.07 5.03 1.1
Capex / Sales 2.8% 1.69% 2.64% 0.42% 1.55% 0.21%
Announcement Date 10/24/18 10/31/19 10/30/20 10/24/21 2/3/23 10/30/23
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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