Financials PNC Process Systems Co., Ltd.

Equities

603690

CNE100002ZD2

Industrial Machinery & Equipment

End-of-day quote Shanghai S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
24.77 CNY +2.31% Intraday chart for PNC Process Systems Co., Ltd. +3.99% -3.62%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 3,202 8,438 10,225 15,337 12,113 9,586 9,586 -
Enterprise Value (EV) 1 3,202 8,438 10,225 15,337 12,113 9,586 9,586 9,586
P/E ratio 97.9 x 71.9 x 39.8 x 54.2 x 42.6 x 21.4 x 16.5 x 12.7 x
Yield 0.25% - - - 0.35% 0.61% 0.77% 1.01%
Capitalization / Revenue 4.75 x 8.55 x - 7.36 x 3.97 x 2.48 x 2 x 1.66 x
EV / Revenue 4.75 x 8.55 x - 7.36 x 3.97 x 2.48 x 2 x 1.66 x
EV / EBITDA - 57.2 x - - - 11.3 x 8.67 x 8.32 x
EV / FCF - - - - - -7.37 x -12.6 x -
FCF Yield - - - - - -13.6% -7.97% -
Price to Book 7.35 x 5.69 x - 3.77 x 2.72 x 1.97 x 1.79 x 1.66 x
Nbr of stocks (in thousands) 253,128 310,690 312,063 382,237 384,118 386,991 386,991 -
Reference price 2 12.65 27.16 32.77 40.12 31.53 24.77 24.77 24.77
Announcement Date 4/30/19 4/30/20 4/29/21 4/29/22 4/7/23 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net sales 1 674.1 986.4 - 2,084 3,050 3,860 4,786 5,776
EBITDA 1 - 147.4 - - - 845.5 1,105 1,152
EBIT 1 36.08 119.3 - 371.1 293.2 530 691 790
Operating Margin 5.35% 12.1% - 17.81% 9.62% 13.73% 14.44% 13.68%
Earnings before Tax (EBT) 1 36.64 119.8 - 374.7 293 531 692 791
Net income 1 32.44 110.3 260.6 281.8 282.4 447.5 580 755
Net margin 4.81% 11.18% - 13.52% 9.26% 11.59% 12.12% 13.07%
EPS 2 0.1292 0.3775 0.8225 0.7408 0.7400 1.155 1.500 1.955
Free Cash Flow 1 - - - - - -1,301 -763.7 -
FCF margin - - - - - -33.69% -15.96% -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 0.0317 - - - 0.1103 0.1500 0.1900 0.2500
Announcement Date 4/30/19 4/30/20 4/29/21 4/29/22 4/7/23 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 - - - - - -1,301 -764 -
ROE (net income / shareholders' equity) 7.71% 10.1% - 8.1% 6.65% 9.19% 10.8% 11%
ROA (Net income/ Total Assets) - - - 4.06% 3.18% 3.63% 4.13% 4.36%
Assets 1 - - - 6,945 8,885 12,328 14,044 17,317
Book Value Per Share 2 1.720 4.770 - 10.60 11.60 12.60 13.90 14.90
Cash Flow per Share 2 -0.2100 -0.3600 - -0.5000 -2.100 -1.380 0.0100 0.5500
Capex 1 82.2 - - 921 629 910 666 563
Capex / Sales 12.2% - - 44.19% 20.64% 23.57% 13.92% 9.75%
Announcement Date 4/30/19 4/30/20 4/29/21 4/29/22 4/7/23 - - -
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
2
Last Close Price
24.77
Average target price
-
Consensus

Annual profits - Rate of surprise

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