Financials Jiangsu Cai Qin Technology Co., Ltd

Equities

688182

CNE100004ZG1

Electronic Equipment & Parts

End-of-day quote Shanghai S.E. 06:00:00 2024-05-27 pm EDT 5-day change 1st Jan Change
13.86 CNY +2.51% Intraday chart for Jiangsu Cai Qin Technology Co., Ltd -3.75% -22.05%

Valuation

Fiscal Period: December 2021 2022 2023
Capitalization 1 9,652 4,592 7,112
Enterprise Value (EV) 1 8,172 3,224 5,884
P/E ratio 86.2 x 57.4 x 148 x
Yield 0.33% 0.61% 0.33%
Capitalization / Revenue 28.9 x 13.3 x 19.2 x
EV / Revenue 24.5 x 9.34 x 15.9 x
EV / EBITDA 131 x 70.6 x 147 x
EV / FCF 644 x -671 x -107 x
FCF Yield 0.16% -0.15% -0.93%
Price to Book 4.72 x 2.18 x 3.33 x
Nbr of stocks (in thousands) 400,000 400,000 400,000
Reference price 2 24.13 11.48 17.78
Announcement Date 4/6/22 4/25/23 4/23/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 271.2 1,408 1,042 333.6 345.2 369.9
EBITDA 1 80.27 817.7 325.5 62.44 45.64 40.14
EBIT 1 73.27 803.8 304.5 37.23 15.82 8.949
Operating Margin 27.02% 57.07% 29.22% 11.16% 4.58% 2.42%
Earnings before Tax (EBT) 1 73.42 824 339.5 101 86.23 45.17
Net income 1 57.63 702.6 266.3 87.5 78.61 46.74
Net margin 21.25% 49.89% 25.56% 26.23% 22.77% 12.63%
EPS - 38.40 0.8878 0.2800 0.2000 0.1200
Free Cash Flow 1 -34.59 621.8 -37.96 12.68 -4.806 -54.92
FCF margin -12.75% 44.15% -3.64% 3.8% -1.39% -14.85%
FCF Conversion (EBITDA) - 76.04% - 20.31% - -
FCF Conversion (Net income) - 88.49% - 14.5% - -
Dividend per Share - - - 0.0800 0.0700 0.0588
Announcement Date 6/30/20 6/30/20 10/27/21 4/6/22 4/25/23 4/23/24
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 21.1 - - - - -
Net Cash position 1 - 431 486 1,480 1,368 1,228
Leverage (Debt/EBITDA) 0.2627 x - - - - -
Free Cash Flow 1 -34.6 622 -38 12.7 -4.81 -54.9
ROE (net income / shareholders' equity) 34% 194% 35.5% 5.79% 3.76% 1.98%
ROA (Net income/ Total Assets) 16.4% 71.3% 17.5% 1.39% 0.44% 0.24%
Assets 1 352.2 984.9 1,526 6,284 17,968 19,506
Book Value Per Share - 1.760 3.240 5.120 5.260 5.340
Cash Flow per Share - 1.440 1.100 1.590 1.640 1.540
Capex 1 42.1 131 166 55.5 79.7 128
Capex / Sales 15.53% 9.32% 15.89% 16.65% 23.1% 34.69%
Announcement Date 6/30/20 6/30/20 10/27/21 4/6/22 4/25/23 4/23/24
1CNY in Million
Estimates
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  4. Financials Jiangsu Cai Qin Technology Co., Ltd