Financials Loctek Ergonomic Technology Corp.

Equities

300729

CNE1000035N9

Home Furnishings

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
19.25 CNY +0.52% Intraday chart for Loctek Ergonomic Technology Corp. -3.36% +7.48%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 2,065 5,900 6,477 3,867 5,594 6,018 - -
Enterprise Value (EV) 1 2,065 5,900 6,477 3,867 5,594 6,018 6,018 6,018
P/E ratio 34.3 x 27.8 x 34.6 x 17.6 x 8.87 x 13.3 x 11.9 x 10.3 x
Yield - 0.42% - - - 2.16% 2.42% 2.73%
Capitalization / Revenue - 3.04 x 2.26 x 1.21 x 1.43 x 1.21 x 1 x 0.84 x
EV / Revenue - 3.04 x 2.26 x 1.21 x 1.43 x 1.21 x 1 x 0.84 x
EV / EBITDA - 21.5 x - 11.3 x 6.21 x 7.11 x 6.2 x 5.74 x
EV / FCF - - - - 20.1 x -16.1 x 11.9 x 11.2 x
FCF Yield - - - - 4.98% -6.2% 8.39% 8.89%
Price to Book - 5.78 x 3.41 x 1.58 x - 1.78 x 1.6 x 1.41 x
Nbr of stocks (in thousands) 235,872 234,734 286,416 310,910 312,358 312,607 - -
Reference price 2 8.754 25.14 22.62 12.44 17.91 19.25 19.25 19.25
Announcement Date 2/28/20 4/19/21 4/12/22 4/20/23 4/17/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 - 1,941 2,871 3,208 3,902 4,962 6,039 7,174
EBITDA 1 - 274.1 - 343.5 901.5 846.7 970.5 1,048
EBIT 1 - 236.8 190.6 271.3 801.5 560.1 617.6 721
Operating Margin - 12.2% 6.64% 8.45% 20.54% 11.29% 10.23% 10.05%
Earnings before Tax (EBT) 1 - 235.9 202.4 268.9 765.6 559.5 617.4 721.6
Net income 1 59.88 217.1 184.7 218.7 633.7 451.8 507.1 587.7
Net margin - 11.19% 6.43% 6.82% 16.24% 9.11% 8.4% 8.19%
EPS 2 0.2552 0.9053 0.6538 0.7077 2.020 1.445 1.623 1.878
Free Cash Flow 1 - - - - 278.9 -373 505 535
FCF margin - - - - 7.15% -7.52% 8.36% 7.46%
FCF Conversion (EBITDA) - - - - 30.93% - 52.04% 51.04%
FCF Conversion (Net income) - - - - 44.01% - 99.59% 91.04%
Dividend per Share 2 - 0.1065 - - - 0.4150 0.4650 0.5250
Announcement Date 2/28/20 4/19/21 4/12/22 4/20/23 4/17/24 - - -
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 1 - - - - 279 -373 505 535
ROE (net income / shareholders' equity) - 24.2% 10.6% 10.7% 23.2% 13.6% 13.7% 13.8%
ROA (Net income/ Total Assets) - 9.94% - - - 6.34% 6.65% 6.93%
Assets 1 - 2,185 - - - 7,126 7,625 8,480
Book Value Per Share 2 - 4.350 6.640 7.890 - 10.80 12.00 13.60
Cash Flow per Share 2 - 0.9000 0.9300 1.080 - 2.620 2.140 2.450
Capex 1 - 764 311 537 541 588 355 217
Capex / Sales - 39.35% 10.83% 16.74% 13.86% 11.84% 5.87% 3.02%
Announcement Date 2/28/20 4/19/21 4/12/22 4/20/23 4/17/24 - - -
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
6
Last Close Price
19.25 CNY
Average target price
23.5 CNY
Spread / Average Target
+22.08%
Consensus

Annual profits - Rate of surprise

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