Financials Jiangsu Nata Opto-electronic Material Co., Ltd.

Equities

300346

CNE100001K48

Commodity Chemicals

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
24.92 CNY +5.73% Intraday chart for Jiangsu Nata Opto-electronic Material Co., Ltd. +8.25% -9.74%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 6,560 16,135 19,405 15,795 15,004 13,542 - -
Enterprise Value (EV) 1 6,560 16,135 19,405 15,795 15,004 13,542 13,542 13,542
P/E ratio 119 x 183 x 137 x 85.4 x 70.8 x 49.5 x 39.3 x 32.1 x
Yield - 0.1% 0.11% 0.24% 0.13% 0.36% 0.48% 0.56%
Capitalization / Revenue - 27.1 x 19.7 x 9.99 x 8.81 x 6.6 x 5.42 x 4.5 x
EV / Revenue - 27.1 x 19.7 x 9.99 x 8.81 x 6.6 x 5.42 x 4.5 x
EV / EBITDA - - - - 25.4 x 21.6 x 17.6 x 14.3 x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book - 12.4 x 10.1 x 7.54 x 6.83 x 5.43 x 4.91 x 4.5 x
Nbr of stocks (in thousands) 520,346 520,346 543,214 543,703 543,424 543,424 - -
Reference price 2 12.61 31.01 35.72 29.05 27.61 24.92 24.92 24.92
Announcement Date 4/29/20 4/21/21 3/30/22 3/17/23 4/9/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 - 595 984.4 1,581 1,703 2,052 2,496 3,010
EBITDA 1 - - - - 589.9 627 771 944.5
EBIT 1 - 105.8 189.2 273.8 314.5 400.3 491.3 597
Operating Margin - 17.79% 19.22% 17.32% 18.46% 19.51% 19.68% 19.83%
Earnings before Tax (EBT) 1 - 116.7 192.9 277.8 312.1 400 491.7 596
Net income 1 55.01 87.02 136.2 186.7 211.5 273.8 342.6 422
Net margin - 14.63% 13.84% 11.81% 12.42% 13.34% 13.72% 14.02%
EPS 2 0.1057 0.1692 0.2615 0.3400 0.3900 0.5033 0.6333 0.7767
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 - 0.0308 0.0385 0.0700 0.0350 0.0900 0.1200 0.1400
Announcement Date 4/29/20 4/21/21 3/30/22 3/17/23 4/9/24 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 4.6% 6.9% 8.75% 9.3% 9.59% 11.1% 12.4% 13.5%
ROA (Net income/ Total Assets) - 3.56% 3.99% 3.94% - 5.2% 5.7% 6.3%
Assets 1 - 2,443 3,414 4,735 - 5,266 6,010 6,698
Book Value Per Share 2 - 2.490 3.530 3.850 4.050 4.590 5.080 5.540
Cash Flow per Share 2 - 0.2400 - 0.4200 0.9700 0.8100 1.260 1.560
Capex 1 - 524 - 534 169 534 538 542
Capex / Sales - 88.14% - 33.74% 9.92% 26.02% 21.55% 18.01%
Announcement Date 4/29/20 4/21/21 3/30/22 3/17/23 4/9/24 - - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
24.92 CNY
Average target price
29 CNY
Spread / Average Target
+16.37%
Consensus

Annual profits - Rate of surprise

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