LEADER HARMONIOUS DRIVE SYSTEMS CO., LTD. Financials Leader Harmonious Drive Systems Co., Ltd.
Equities
688017
CNE1000043F9
Industrial Machinery & Equipment
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 119.6 CNY | +2.62% |
|
+6.94% | -22.11% |
| Feb. 26 | Leader Harmonious' 2023 Profit Falls 46%, Misses Estimates | MT |
| 2023 | China Robotics Companies Gain as Government Signals Industry Support | DJ |
Valuation
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 17,641 | 21,020 | 16,315 | 20,166 | 20,166 | - |
| Enterprise Value (EV) 1 | 17,126 | 20,393 | 15,898 | 25,891 | 19,522 | 19,616 |
| P/E ratio | 179 x | 111 x | 105 x | 176 x | 160 x | 95.6 x |
| Yield | 0.17% | 0.37% | 0.1% | 0.13% | 0.07% | 0.12% |
| Capitalization / Revenue | 81.5 x | 47.4 x | 36.6 x | 55.4 x | 41.5 x | 27.4 x |
| EV / Revenue | 79.1 x | 46 x | 35.7 x | 53.4 x | 40.2 x | 26.6 x |
| EV / EBITDA | 149 x | 83.9 x | 75.4 x | 148 x | 112 x | 74.3 x |
| EV / FCF | 198 x | -216 x | -262 x | 2,242 x | -177 x | -325 x |
| FCF Yield | 0.5% | -0.46% | -0.38% | 0.04% | -0.56% | -0.31% |
| Price to Book | 10.5 x | 11.4 x | 8.43 x | 12.9 x | 9.14 x | 8.29 x |
| Nbr of stocks (in thousands) | 168,583 | 168,583 | 168,583 | 168,672 | 168,672 | - |
| Reference price 2 | 104.6 | 124.7 | 96.78 | 119.6 | 119.6 | 119.6 |
| Announcement Date | 2/26/21 | 2/25/22 | 2/24/23 | 2/24/24 | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Net sales 1 | 216.5 | 443.4 | 445.7 | 363.8 | 486 | 736.1 |
| EBITDA 1 | 115.2 | 242.9 | 210.8 | 130.9 | 174.4 | 263.8 |
| EBIT 1 | 94.01 | 215.4 | 169.2 | 101.3 | 113.7 | 210.9 |
| Operating Margin | 43.42% | 48.58% | 37.95% | 27.84% | 23.4% | 28.65% |
| Earnings before Tax (EBT) 1 | 94.35 | 216.8 | 170.5 | 116.3 | 157 | 240 |
| Net income 1 | 82.05 | 189.2 | 155.3 | 104.8 | 139.6 | 219.9 |
| Net margin | 37.9% | 42.67% | 34.84% | 28.8% | 28.72% | 29.87% |
| EPS 2 | 0.5841 | 1.122 | 0.9207 | 0.6783 | 0.7451 | 1.251 |
| Free Cash Flow 1 | 86.46 | -94.22 | -60.71 | 8.667 | -110 | -60.33 |
| FCF margin | 39.94% | -21.25% | -13.62% | 2.38% | -22.63% | -8.2% |
| FCF Conversion (EBITDA) | 75.07% | - | - | 6.62% | - | - |
| FCF Conversion (Net income) | 105.38% | - | - | 8.27% | - | - |
| Dividend per Share 2 | 0.1786 | 0.4643 | 0.1000 | 0.1570 | 0.0787 | 0.1399 |
| Announcement Date | 2/26/21 | 2/25/22 | 2/24/23 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q2 | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 107.1 | 135.4 | 123.9 | 93.85 | 149.6 | 101.1 | 101.3 | 88.52 | 83.04 | 82.45 | 118.8 | 95.9 | 107.9 | 115.4 | - |
| EBITDA | - | - | - | - | - | 45.7 | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 47.35 | 68.32 | 48.67 | 43 | 61.68 | 40.97 | 23.53 | 28.79 | 28.43 | 24.8 | 29.3 | 13.2 | - | - | - |
| Operating Margin | 44.21% | 50.44% | 39.28% | 45.81% | 41.24% | 40.54% | 23.23% | 32.52% | 34.24% | 30.08% | 24.67% | 13.76% | - | - | - |
| Earnings before Tax (EBT) | - | - | - | - | 61.98 | - | 23.8 | - | - | - | - | 14 | - | - | - |
| Net income | - | - | - | - | 55.14 | - | 27.3 | - | - | - | - | 12.6 | - | - | - |
| Net margin | - | - | - | - | 36.87% | - | 26.96% | - | - | - | - | 13.14% | - | - | - |
| EPS | - | - | - | - | - | 0.2155 | 0.1600 | - | - | - | - | 0.0740 | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.6367 |
| Announcement Date | 8/19/21 | 10/28/21 | 2/25/22 | 4/28/22 | 8/11/22 | 10/28/22 | 2/24/23 | 4/28/23 | 8/30/23 | 10/30/23 | - | - | - | - | - |
1CNY in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - |
| Net Cash position 1 | 515 | 627 | 418 | 735 | 645 | 550 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - |
| Free Cash Flow 1 | 86.5 | -94.2 | -60.7 | 8.67 | -110 | -60.3 |
| ROE (net income / shareholders' equity) | 8.26% | 10.8% | 8.26% | 4.26% | 6.74% | 9.47% |
| ROA (Net income/ Total Assets) | 6.45% | 9.86% | 7.05% | 4.06% | 4.99% | 6.87% |
| Assets 1 | 1,272 | 1,920 | 2,204 | 2,582 | 2,795 | 3,201 |
| Book Value Per Share 2 | 9.940 | 10.90 | 11.50 | 11.90 | 13.10 | 14.40 |
| Cash Flow per Share 2 | 0.7500 | 0.2700 | 0.1600 | 2.020 | 0.6100 | 1.590 |
| Capex 1 | 39.5 | 140 | 86.9 | 171 | 130 | 137 |
| Capex / Sales | 18.25% | 31.53% | 19.49% | 46.92% | 26.66% | 18.66% |
| Announcement Date | 2/26/21 | 2/25/22 | 2/24/23 | 2/24/24 | - | - |
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
Sell
Buy
Mean consensus
HOLD
Number of Analysts
14
Last Close Price
119.6
CNY
Average target price
92.16
CNY
Spread / Average Target
-22.92%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -22.11% | 2.78B | |
| +15.05% | 8.49B | |
| +21.59% | 6.51B | |
| +5.76% | 4.68B | |
| +32.04% | 4.63B | |
| +0.75% | 4.31B | |
| -14.26% | 3.27B | |
| -0.43% | 2.54B | |
| -4.09% | 2.41B | |
| +15.79% | 2.2B |
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- Financials Leader Harmonious Drive Systems Co., Ltd.
