Financials Joyware Electronics Co.,Ltd

Equities

300270

CNE100001906

Communications & Networking

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
5.81 CNY -1.36% Intraday chart for Joyware Electronics Co.,Ltd +3.01% -24.74%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,932 2,487 1,756 1,912 1,582 2,309
Enterprise Value (EV) 1 1,747 2,419 1,621 1,782 1,426 2,203
P/E ratio -57.8 x -28.3 x -15.1 x -37.6 x 265 x -30.8 x
Yield - - - - - -
Capitalization / Revenue 6.6 x 10.6 x 8.42 x 7.87 x 4.48 x 15.2 x
EV / Revenue 5.97 x 10.3 x 7.77 x 7.33 x 4.03 x 14.5 x
EV / EBITDA 83.4 x -27.5 x -12.7 x -34.3 x -5,620 x -29.5 x
EV / FCF -13 x -13.9 x -39.7 x 55.2 x 14.6 x -29.1 x
FCF Yield -7.7% -7.22% -2.52% 1.81% 6.87% -3.44%
Price to Book 1.87 x 2.67 x 2.22 x 2.63 x 2.1 x 3.48 x
Nbr of stocks (in thousands) 302,806 302,590 299,141 299,141 299,141 299,141
Reference price 2 6.380 8.220 5.870 6.390 5.290 7.720
Announcement Date 4/25/19 4/26/20 4/26/21 4/27/22 4/19/23 3/18/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 292.5 235.6 208.5 243 353.6 152.4
EBITDA 1 20.94 -87.87 -128.1 -51.96 -0.2537 -74.76
EBIT 1 1.198 -105.9 -145.5 -68.87 -17.1 -92.15
Operating Margin 0.41% -44.92% -69.78% -28.34% -4.84% -60.48%
Earnings before Tax (EBT) 1 -37.58 -92.92 -128.9 -57.89 -7.34 -86.3
Net income 1 -31.76 -87.47 -115.8 -51.24 4.892 -75.94
Net margin -10.86% -37.12% -55.52% -21.08% 1.38% -49.84%
EPS 2 -0.1104 -0.2900 -0.3900 -0.1700 0.0200 -0.2508
Free Cash Flow 1 -134.5 -174.7 -40.78 32.3 97.88 -75.73
FCF margin -45.99% -74.12% -19.55% 13.29% 27.68% -49.71%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - 2,001% -
Dividend per Share - - - - - -
Announcement Date 4/25/19 4/26/20 4/26/21 4/27/22 4/19/23 3/18/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 185 68 135 130 157 107
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -135 -175 -40.8 32.3 97.9 -75.7
ROE (net income / shareholders' equity) -3.74% -9.06% -13.7% -6.68% 0.37% -11.3%
ROA (Net income/ Total Assets) 0.06% -4.71% -7.57% -4.16% -1.03% -5.52%
Assets 1 -55,144 1,858 1,529 1,233 -475.2 1,375
Book Value Per Share 2 3.410 3.080 2.650 2.430 2.520 2.220
Cash Flow per Share 2 1.040 0.4800 0.7400 0.4200 0.5200 0.4200
Capex 1 28.9 3.93 - 0.18 0.76 0.88
Capex / Sales 9.86% 1.67% - 0.07% 0.22% 0.58%
Announcement Date 4/25/19 4/26/20 4/26/21 4/27/22 4/19/23 3/18/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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