Financials Jiangsu Hongde Special Parts Co.,Ltd.

Equities

301163

CNE100005CH5

Industrial Machinery & Equipment

End-of-day quote Shenzhen S.E. 06:00:00 2024-05-16 pm EDT 5-day change 1st Jan Change
23.38 CNY -0.34% Intraday chart for Jiangsu Hongde Special Parts Co.,Ltd. -4.10% -13.73%

Valuation

Fiscal Period: December 2022 2023
Capitalization 1 2,145 2,211
Enterprise Value (EV) 1 1,824 1,967
P/E ratio 38.5 x 45.3 x
Yield 0.95% 0.92%
Capitalization / Revenue 2.65 x 3.17 x
EV / Revenue 2.26 x 2.82 x
EV / EBITDA 24.8 x 24.6 x
EV / FCF -12.3 x -44 x
FCF Yield -8.13% -2.27%
Price to Book 1.98 x 1.99 x
Nbr of stocks (in thousands) 81,600 81,600
Reference price 2 26.29 27.10
Announcement Date 4/23/23 4/23/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 489.8 610.3 672.2 755.8 808.2 697
EBITDA 1 59.62 83.3 115.1 101.1 73.48 79.87
EBIT 1 36.01 54.08 85.42 70.22 40.53 42.14
Operating Margin 7.35% 8.86% 12.71% 9.29% 5.01% 6.05%
Earnings before Tax (EBT) 1 42.6 55.82 83.08 66.66 47.83 50.89
Net income 1 34.95 48.06 76.23 65.66 51.06 48.77
Net margin 7.14% 7.88% 11.34% 8.69% 6.32% 7%
EPS 2 0.5800 0.7900 1.250 1.070 0.6826 0.5977
Free Cash Flow 1 -22.42 37.55 -12.27 1.447 -148.3 -44.69
FCF margin -4.58% 6.15% -1.83% 0.19% -18.35% -6.41%
FCF Conversion (EBITDA) - 45.08% - 1.43% - -
FCF Conversion (Net income) - 78.13% - 2.2% - -
Dividend per Share - - - - 0.2500 0.2500
Announcement Date 12/17/20 12/17/20 3/30/21 4/17/22 4/23/23 4/23/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 5.77 47.7 33 32.4 321 244
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -22.4 37.6 -12.3 1.45 -148 -44.7
ROE (net income / shareholders' equity) 9.21% 10.7% 15.2% 11% 6.14% 4.45%
ROA (Net income/ Total Assets) 3.69% 4.92% 7.16% 5.26% 2.11% 1.86%
Assets 1 948 976.6 1,064 1,248 2,414 2,616
Book Value Per Share 2 6.460 6.950 8.200 9.270 13.30 13.60
Cash Flow per Share 2 0.9100 1.470 1.130 1.680 4.490 3.480
Capex 1 56.4 22 37.7 57.9 150 122
Capex / Sales 11.51% 3.61% 5.61% 7.66% 18.51% 17.55%
Announcement Date 12/17/20 12/17/20 3/30/21 4/17/22 4/23/23 4/23/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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