End-of-day quote
Shenzhen S.E.
06:00:00 2024-04-25 pm EDT
|
5-day change
|
1st Jan Change
|
37.5
CNY
|
+3.59%
|
|
+4.60%
|
+12.95%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
38,806
|
39,076
|
52,087
|
31,499
|
48,875
|
55,205
|
-
|
-
|
Enterprise Value (EV)
1 |
34,131
|
32,448
|
50,899
|
31,772
|
48,703
|
59,975
|
59,551
|
55,205
|
P/E ratio
|
42.1
x
|
26
x
|
26.2
x
|
15.5
x
|
28.1
x
|
25.4
x
|
19.5
x
|
17.4
x
|
Yield
|
0.23%
|
0.41%
|
0.39%
|
0.7%
|
0.39%
|
0.44%
|
0.58%
|
0.67%
|
Capitalization / Revenue
|
0.75
x
|
0.62
x
|
0.78
x
|
0.45
x
|
0.74
x
|
0.73
x
|
0.61
x
|
0.55
x
|
EV / Revenue
|
0.66
x
|
0.51
x
|
0.76
x
|
0.46
x
|
0.74
x
|
0.79
x
|
0.66
x
|
0.55
x
|
EV / EBITDA
|
25.9
x
|
15.7
x
|
20.1
x
|
12.6
x
|
22.3
x
|
21.9
x
|
16.2
x
|
14.9
x
|
EV / FCF
|
79,367,613
x
|
17,249,322
x
|
-5,999,451
x
|
46,710,277
x
|
-
|
-
|
-
|
-
|
FCF Yield
|
0%
|
0%
|
-0%
|
0%
|
-
|
-
|
-
|
-
|
Price to Book
|
3.9
x
|
3.14
x
|
3.68
x
|
1.94
x
|
2.72
x
|
2.76
x
|
2.41
x
|
2.16
x
|
Nbr of stocks (in thousands)
|
1,289,252
|
1,453,721
|
1,453,721
|
1,463,710
|
1,472,135
|
1,472,135
|
-
|
-
|
Reference price
2 |
30.10
|
26.88
|
35.83
|
21.52
|
33.20
|
37.50
|
37.50
|
37.50
|
Announcement Date
|
4/17/20
|
4/14/21
|
4/8/22
|
4/11/23
|
4/19/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
51,653
|
63,038
|
67,048
|
69,525
|
65,867
|
75,812
|
89,772
|
100,899
|
EBITDA
1 |
1,316
|
2,066
|
2,534
|
2,526
|
2,182
|
2,744
|
3,670
|
3,698
|
EBIT
1 |
1,027
|
1,743
|
2,153
|
2,156
|
1,826
|
2,310
|
3,266
|
3,282
|
Operating Margin
|
1.99%
|
2.77%
|
3.21%
|
3.1%
|
2.77%
|
3.05%
|
3.64%
|
3.25%
|
Earnings before Tax (EBT)
1 |
1,031
|
1,685
|
2,160
|
2,160
|
1,827
|
2,281
|
2,854
|
3,283
|
Net income
1 |
928.7
|
1,466
|
2,003
|
2,080
|
1,783
|
2,170
|
2,827
|
3,181
|
Net margin
|
1.8%
|
2.33%
|
2.99%
|
2.99%
|
2.71%
|
2.86%
|
3.15%
|
3.15%
|
EPS
2 |
0.7145
|
1.032
|
1.369
|
1.389
|
1.180
|
1.478
|
1.926
|
2.160
|
Free Cash Flow
|
430
|
1,881
|
-8,484
|
680.2
|
-
|
-
|
-
|
-
|
FCF margin
|
0.83%
|
2.98%
|
-12.65%
|
0.98%
|
-
|
-
|
-
|
-
|
FCF Conversion (EBITDA)
|
32.68%
|
91.07%
|
-
|
26.93%
|
-
|
-
|
-
|
-
|
FCF Conversion (Net income)
|
46.3%
|
128.28%
|
-
|
32.7%
|
-
|
-
|
-
|
-
|
Dividend per Share
2 |
0.0700
|
0.1100
|
0.1400
|
0.1500
|
0.1300
|
0.1635
|
0.2183
|
0.2500
|
Announcement Date
|
4/17/20
|
4/14/21
|
4/8/22
|
4/11/23
|
4/19/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2020 S2
|
2021 Q3
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
---|
Net sales
1 |
30,113
|
30,286
|
32,752
|
17,692
|
20,800
|
17,277
|
17,573
|
17,916
|
16,759
|
9,400
|
15,397
|
23,299
|
17,770
|
16,448
|
20,581
|
21,250
|
19,877
|
EBITDA
1 |
-
|
-
|
-
|
1,089
|
-
|
543.3
|
924.8
|
1,194
|
-
|
-
|
-
|
-
|
-
|
467.2
|
953.2
|
-
|
-
|
EBIT
1 |
704.6
|
-
|
1,275
|
598.6
|
635.2
|
367.1
|
674
|
603.9
|
511.1
|
220.4
|
100.3
|
461.3
|
1,044
|
446.8
|
931.5
|
-
|
-
|
Operating Margin
|
2.34%
|
-
|
3.89%
|
3.38%
|
3.05%
|
2.13%
|
3.84%
|
3.37%
|
3.05%
|
2.34%
|
0.65%
|
1.98%
|
5.87%
|
2.72%
|
4.53%
|
-
|
-
|
Earnings before Tax (EBT)
1 |
707.6
|
-
|
1,217
|
599.6
|
635.7
|
366.8
|
676.2
|
606.3
|
510.6
|
220.6
|
103.4
|
462.5
|
1,040
|
409.5
|
892.7
|
-
|
-
|
Net income
1 |
655.5
|
405.7
|
1,061
|
547.6
|
652
|
334
|
620.3
|
591.9
|
534.2
|
210.3
|
115
|
461.3
|
996.2
|
380.9
|
830.2
|
-
|
-
|
Net margin
|
2.18%
|
1.34%
|
3.24%
|
3.1%
|
3.13%
|
1.93%
|
3.53%
|
3.3%
|
3.19%
|
2.24%
|
0.75%
|
1.98%
|
5.61%
|
2.32%
|
4.03%
|
-
|
-
|
EPS
2 |
0.5000
|
-
|
0.7400
|
0.3700
|
0.4500
|
0.2283
|
0.4200
|
0.4100
|
0.3300
|
0.1432
|
0.0800
|
0.2800
|
0.6800
|
0.2394
|
0.4170
|
0.4400
|
0.4800
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
0.1400
|
-
|
-
|
-
|
0.1500
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
4/17/20
|
8/28/20
|
4/14/21
|
10/26/21
|
4/8/22
|
4/29/22
|
8/26/22
|
10/30/22
|
4/11/23
|
4/27/23
|
8/25/23
|
10/31/23
|
4/19/24
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
273
|
-
|
4,770
|
4,346
|
-
|
Net Cash position
1 |
4,676
|
6,628
|
1,188
|
-
|
171
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
0.1083
x
|
-
|
1.738
x
|
1.184
x
|
-
|
Free Cash Flow
|
430
|
1,881
|
-8,484
|
680
|
-
|
-
|
-
|
-
|
ROE (net income / shareholders' equity)
|
9.79%
|
12.1%
|
13.1%
|
13.4%
|
9.89%
|
10.8%
|
12.2%
|
12.4%
|
ROA (Net income/ Total Assets)
|
3.38%
|
4.33%
|
4.74%
|
4.77%
|
-
|
4.19%
|
5.34%
|
5.27%
|
Assets
1 |
27,502
|
33,867
|
42,265
|
43,611
|
-
|
51,725
|
52,959
|
60,365
|
Book Value Per Share
2 |
7.720
|
8.560
|
9.740
|
11.10
|
12.20
|
13.60
|
15.50
|
17.40
|
Cash Flow per Share
2 |
0.6700
|
1.600
|
-5.700
|
1.230
|
0.3500
|
0.8700
|
1.310
|
1.110
|
Capex
1 |
435
|
449
|
194
|
1,120
|
290
|
507
|
377
|
522
|
Capex / Sales
|
0.84%
|
0.71%
|
0.29%
|
1.61%
|
0.44%
|
0.67%
|
0.42%
|
0.52%
|
Announcement Date
|
4/17/20
|
4/14/21
|
4/8/22
|
4/11/23
|
4/19/24
|
-
|
-
|
-
|
Last Close Price
37.5
CNY Average target price
39.33
CNY Spread / Average Target +4.88% Consensus |
1st Jan change
|
Capi.
|
---|
| +12.95% | 7.62B | | +27.40% | 12.46B | | -24.18% | 4.64B | | -8.57% | 1.26B | | -13.42% | 830M | | +24.98% | 227M | | +4.63% | 98.23M | | +17.75% | 81.16M | | +5.19% | 62.24M |
Servers & Systems
|