Financials Jinlei Technology Co., Ltd.

Equities

300443

CNE100001Z66

Renewable Energy Equipment & Services

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
17.46 CNY -0.46% Intraday chart for Jinlei Technology Co., Ltd. -9.95% -36.72%

Valuation

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Capitalization 1 8,709 15,119 10,543 8,979 5,682 -
Enterprise Value (EV) 1 8,709 14,561 11,033 7,595 7,454 7,530
P/E ratio 15.4 x 30.4 x 29.9 x 19.7 x 8.08 x 6.25 x
Yield - - - 0.94% 1.72% 1.58%
Capitalization / Revenue - 9.16 x 5.82 x 4.61 x 2.15 x 1.33 x
EV / Revenue - 8.82 x 6.09 x 3.9 x 2.82 x 1.76 x
EV / EBITDA - 22 x 22.5 x 12.8 x 10.1 x 5.87 x
EV / FCF - - - -35.7 x -20.9 x 19.4 x
FCF Yield - - - -2.8% -4.79% 5.17%
Price to Book - 4.65 x 2.92 x 1.47 x 0.87 x 0.73 x
Nbr of stocks (in thousands) 261,753 261,753 261,753 325,454 325,454 -
Reference price 2 33.27 57.76 40.28 27.59 17.46 17.46
Announcement Date 2/7/21 2/25/22 2/28/23 4/23/24 - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Net sales 1 - 1,651 1,812 1,946 2,645 4,282
EBITDA 1 - 660.8 489.8 594.9 738 1,283
EBIT 1 - 573 379.3 457.3 851.7 1,039
Operating Margin - 34.71% 20.94% 23.5% 32.2% 24.26%
Earnings before Tax (EBT) 1 - 574.4 379 458.6 790.3 1,021
Net income 1 522.2 496.4 352.4 411.8 702.2 906.2
Net margin - 30.07% 19.45% 21.16% 26.55% 21.16%
EPS 2 2.160 1.900 1.346 1.403 2.162 2.792
Free Cash Flow 1 - - - -212.7 -357 389
FCF margin - - - -10.93% -13.5% 9.08%
FCF Conversion (EBITDA) - - - - - 30.32%
FCF Conversion (Net income) - - - - - 42.93%
Dividend per Share 2 - - - 0.2600 0.3000 0.2750
Announcement Date 2/7/21 2/25/22 2/28/23 4/23/24 - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4
Net sales - - - - 437.2 - - -
EBITDA - - - - - - - -
EBIT - - - - 115.3 - - -
Operating Margin - - - - 26.37% - - -
Earnings before Tax (EBT) - - - - 116.2 - - -
Net income - - - - 100.2 - - -
Net margin - - - - 22.91% - - -
EPS 1 0.1760 0.2700 0.4500 0.4500 0.3826 0.3841 0.3900 0.2400
Dividend per Share - - - - - - - -
Announcement Date 4/28/22 8/25/22 10/26/22 2/28/23 4/11/23 8/28/23 10/29/23 4/23/24
1CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Net Debt 1 - - 490 - 1,772 1,847
Net Cash position 1 - 558 - 1,385 - -
Leverage (Debt/EBITDA) - - 1 x - 2.401 x 1.44 x
Free Cash Flow 1 - - - -213 -357 389
ROE (net income / shareholders' equity) - 16.1% 10.3% 8.45% 11.1% 12.1%
ROA (Net income/ Total Assets) - - - - 6.7% 9.65%
Assets 1 - - - - 10,481 9,390
Book Value Per Share 2 - 12.40 13.80 18.80 20.00 23.80
Cash Flow per Share 2 - - -0.5600 1.210 1.570 1.650
Capex 1 - - 1,026 605 254 485
Capex / Sales - - 56.64% 31.1% 9.6% 11.32%
Announcement Date 2/7/21 2/25/22 2/28/23 4/23/24 - -
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

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
17.46 CNY
Average target price
38.35 CNY
Spread / Average Target
+119.63%
Consensus
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