Financials Luoyang Xinqianglian Slewing Bearing Co., Ltd.

Equities

300850

CNE100004116

Industrial Machinery & Equipment

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
19.98 CNY -1.48% Intraday chart for Luoyang Xinqianglian Slewing Bearing Co., Ltd. -5.71% -37.23%

Valuation

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Capitalization 1 16,948 34,621 17,567 11,419 7,168 -
Enterprise Value (EV) 1 16,948 34,238 18,997 11,419 7,168 7,168
P/E ratio 34.1 x 64.2 x 55.5 x 28.4 x 13.5 x 10.6 x
Yield - 0.15% 0.18% - - -
Capitalization / Revenue - 14 x 6.62 x 4.04 x 1.94 x 1.6 x
EV / Revenue - 14 x 6.62 x 4.04 x 1.94 x 1.6 x
EV / EBITDA - 52.9 x 39.1 x 18.6 x 6.77 x 5.34 x
EV / FCF - -37,908,571 x -9,141,203 x - - -
FCF Yield - -0% -0% - - -
Price to Book - 10.1 x 4.75 x 2.32 x 1.5 x 1.33 x
Nbr of stocks (in thousands) 306,340 329,709 329,709 358,742 358,742 -
Reference price 2 55.33 105.0 53.28 31.83 19.98 19.98
Announcement Date 3/30/21 4/21/22 3/30/23 4/18/24 - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Net sales 1 - 2,477 2,653 2,824 3,690 4,466
EBITDA 1 - 655 448.9 614.9 1,059 1,343
EBIT 1 - 586.4 325.7 434.9 585 737
Operating Margin - 23.68% 12.28% 15.4% 15.85% 16.5%
Earnings before Tax (EBT) 1 - 586.8 340.3 442.5 591 745
Net income 1 424.7 514.3 316.1 374.8 531 675
Net margin - 20.76% 11.91% 13.28% 14.39% 15.11%
EPS 2 1.623 1.635 0.9600 1.120 1.480 1.880
Free Cash Flow - -913.3 -1,922 - - -
FCF margin - -36.87% -72.42% - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - 0.1565 0.0960 - - -
Announcement Date 3/30/21 4/21/22 3/30/23 4/18/24 - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q3 2022 Q4 2023 Q1 2023 Q2
Net sales 1 690.5 700.6 506 708.5
EBITDA - - - -
EBIT 1 105.3 -63.63 84.29 118.8
Operating Margin 15.24% -9.08% 16.66% 16.76%
Earnings before Tax (EBT) - - - -
Net income - - - -
Net margin - - - -
EPS - - - -
Dividend per Share - - - -
Announcement Date 10/25/22 3/30/23 4/25/23 8/28/23
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Net Debt - - 1,430 - - -
Net Cash position - 383 - - - -
Leverage (Debt/EBITDA) - - 3.185 x - - -
Free Cash Flow - -913 -1,922 - - -
ROE (net income / shareholders' equity) - 23.1% 8.67% 8.87% 11.1% 12.5%
ROA (Net income/ Total Assets) - 10.7% 4.1% - 4.3% 4.9%
Assets 1 - 4,797 7,718 - 12,349 13,776
Book Value Per Share 2 - 10.40 11.20 13.70 13.30 15.10
Cash Flow per Share - - - - - -
Capex 1 - 571 2,023 1,204 950 840
Capex / Sales - 23.05% 76.26% 42.63% 25.75% 18.81%
Announcement Date 3/30/21 4/21/22 3/30/23 4/18/24 - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
19.98 CNY
Average target price
44 CNY
Spread / Average Target
+120.22%
Consensus

Quarterly revenue - Rate of surprise

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