Financials Huizhou China Eagle Electronic Technology Inc.

Equities

002579

CNE1000012P3

Semiconductors

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
7.16 CNY +1.27% Intraday chart for Huizhou China Eagle Electronic Technology Inc. +4.83% -18.36%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 3,202 5,186 6,274 6,239 6,515 5,373
Enterprise Value (EV) 1 3,369 5,430 6,310 7,557 8,409 7,174
P/E ratio 39.1 x 34.8 x 32.4 x 42.9 x -35.9 x -39.9 x
Yield 1.16% 0.72% 0.48% 0.78% 0.74% -
Capitalization / Revenue 1.82 x 2.47 x 2.68 x 2.12 x 2.13 x 2.05 x
EV / Revenue 1.91 x 2.59 x 2.7 x 2.57 x 2.75 x 2.73 x
EV / EBITDA 16.9 x 18 x 18.7 x 23.6 x 84.2 x 32.3 x
EV / FCF -103 x 53.2 x -6.54 x -6.79 x -20.5 x 144 x
FCF Yield -0.97% 1.88% -15.3% -14.7% -4.89% 0.7%
Price to Book 3.17 x 4.11 x 2.34 x 2.19 x 2.46 x 2.3 x
Nbr of stocks (in thousands) 447,329 447,088 596,568 605,736 604,928 612,619
Reference price 2 7.158 11.60 10.52 10.30 10.77 8.770
Announcement Date 4/17/19 4/9/20 4/22/21 4/25/22 4/20/23 4/25/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,761 2,099 2,340 2,945 3,054 2,624
EBITDA 1 199.7 302.4 337 320.2 99.84 222.4
EBIT 1 120.1 197.7 222.2 169.7 -148.9 -32.84
Operating Margin 6.82% 9.42% 9.5% 5.76% -4.88% -1.25%
Earnings before Tax (EBT) 1 107.5 182.9 181 154.5 -187.7 -145.4
Net income 1 81.56 148.7 162.4 148.1 -179.1 -137.2
Net margin 4.63% 7.08% 6.94% 5.03% -5.86% -5.23%
EPS 2 0.1833 0.3333 0.3250 0.2400 -0.3000 -0.2200
Free Cash Flow 1 -32.77 102 -964.8 -1,114 -410.9 49.89
FCF margin -1.86% 4.86% -41.24% -37.82% -13.45% 1.9%
FCF Conversion (EBITDA) - 33.73% - - - 22.43%
FCF Conversion (Net income) - 68.59% - - - -
Dividend per Share 2 0.0833 0.0833 0.0500 0.0800 0.0800 -
Announcement Date 4/17/19 4/9/20 4/22/21 4/25/22 4/20/23 4/25/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q1
Net sales -
EBITDA -
EBIT -
Operating Margin -
Earnings before Tax (EBT) -
Net income 1 5.918
Net margin -
EPS 2 0.0100
Dividend per Share -
Announcement Date 4/26/22
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 166 243 36.2 1,317 1,894 1,802
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 0.8331 x 0.8046 x 0.1076 x 4.115 x 18.97 x 8.101 x
Free Cash Flow 1 -32.8 102 -965 -1,114 -411 49.9
ROE (net income / shareholders' equity) 8.59% 12.9% 8.09% 5.36% -6.47% -5.03%
ROA (Net income/ Total Assets) 3.37% 4.03% 3.28% 1.82% -1.41% -0.31%
Assets 1 2,418 3,692 4,947 8,118 12,663 44,006
Book Value Per Share 2 2.260 2.820 4.490 4.700 4.380 3.820
Cash Flow per Share 2 0.4800 0.9400 1.870 0.5900 0.6100 0.8100
Capex 1 194 207 895 1,589 425 301
Capex / Sales 11.03% 9.85% 38.25% 53.95% 13.91% 11.49%
Announcement Date 4/17/19 4/9/20 4/22/21 4/25/22 4/20/23 4/25/24
1CNY in Million2CNY
Estimates
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