QUECTEL WIRELESS SOLUTIONS CO., LTD. Financials Quectel Wireless Solutions Co., Ltd.
Equities
603236
CNE100003N01
Wireless Telecommunications Services
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 40.31 CNY | -1.68% |
|
+0.12% | -25.00% |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 13,011 | 20,006 | 29,641 | 19,053 | 14,197 | 10,547 | - | - |
| Enterprise Value (EV) 1 | 13,011 | 20,357 | 30,439 | 19,926 | 14,570 | 11,402 | 11,206 | 10,547 |
| P/E ratio | 87.9 x | 106 x | 73.9 x | 30.6 x | - | 24.9 x | 15.1 x | 13.3 x |
| Yield | 0.14% | 0.27% | 0.36% | 0.99% | - | 0.79% | 1.96% | - |
| Capitalization / Revenue | 3.15 x | 3.28 x | 2.63 x | 1.34 x | 1.02 x | 0.6 x | 0.48 x | 0.38 x |
| EV / Revenue | 3.15 x | 3.33 x | 2.7 x | 1.4 x | 1.05 x | 0.65 x | 0.51 x | 0.38 x |
| EV / EBITDA | 67.7 x | 74.8 x | 53.7 x | 22.5 x | 34.3 x | 12.8 x | 8.64 x | 8.03 x |
| EV / FCF | - | -29.6 x | -21.5 x | 121 x | 19.2 x | 9.8 x | 8.16 x | - |
| FCF Yield | - | -3.38% | -4.65% | 0.83% | 5.21% | 10.2% | 12.3% | - |
| Price to Book | 6.48 x | 10.7 x | 9.26 x | 5.12 x | - | 2.63 x | 2.09 x | 2.02 x |
| Nbr of stocks (in thousands) | 253,200 | 253,200 | 264,575 | 264,575 | 264,133 | 261,658 | - | - |
| Reference price 2 | 51.39 | 79.01 | 112.0 | 72.01 | 53.75 | 40.31 | 40.31 | 40.31 |
| Announcement Date | 4/14/20 | 4/19/21 | 3/7/22 | 4/12/23 | 4/22/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 4,130 | 6,106 | 11,262 | 14,230 | 13,861 | 17,603 | 22,189 | 28,030 |
| EBITDA 1 | 192.2 | 272 | 566.4 | 884 | 425.2 | 891.4 | 1,298 | 1,313 |
| EBIT 1 | 145.4 | 173.2 | 360.2 | 610.5 | 82.44 | 406.3 | 748.3 | 708.6 |
| Operating Margin | 3.52% | 2.84% | 3.2% | 4.29% | 0.59% | 2.31% | 3.37% | 2.53% |
| Earnings before Tax (EBT) 1 | 145.4 | 178.6 | 361.7 | 613.3 | 76.62 | 405.1 | 755 | 705.8 |
| Net income 1 | 148 | 189 | 358.1 | 622.8 | 90.71 | 427 | 757.1 | 801.9 |
| Net margin | 3.58% | 3.1% | 3.18% | 4.38% | 0.65% | 2.43% | 3.41% | 2.86% |
| EPS 2 | 0.5847 | 0.7481 | 1.516 | 2.357 | - | 1.617 | 2.661 | 3.030 |
| Free Cash Flow 1 | - | -687.5 | -1,416 | 164.7 | 759.6 | 1,164 | 1,374 | - |
| FCF margin | - | -11.26% | -12.57% | 1.16% | 5.48% | 6.61% | 6.19% | - |
| FCF Conversion (EBITDA) | - | - | - | 18.63% | 178.62% | 130.57% | 105.88% | - |
| FCF Conversion (Net income) | - | - | - | 26.44% | 837.38% | 272.58% | 181.48% | - |
| Dividend per Share 2 | 0.0704 | 0.2156 | 0.4066 | 0.7143 | - | 0.3200 | 0.7900 | - |
| Announcement Date | 4/14/20 | 4/19/21 | 3/7/22 | 4/12/23 | 4/22/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2020 S1 | 2021 Q4 | 2022 S1 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales | - | 3,786 | 6,689 | - | 4,094 | - | - | - | - | - | - |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - |
| EBIT | - | 121 | - | - | - | - | - | - | - | - | - |
| Operating Margin | - | 3.2% | - | - | - | - | - | - | - | - | - |
| Earnings before Tax (EBT) | - | 118.6 | - | - | - | - | - | - | - | - | - |
| Net income | 69.66 | 121.1 | 276.7 | 158.8 | 187.3 | - | - | 97.35 | - | - | - |
| Net margin | - | 3.2% | 4.14% | - | 4.57% | - | - | - | - | - | - |
| EPS 1 | 0.2747 | 0.6209 | - | 0.6000 | 0.7143 | -0.5071 | 0.2700 | 0.3700 | 0.5400 | 0.6400 | 0.7200 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 8/24/20 | 3/7/22 | 8/23/22 | 10/28/22 | 4/12/23 | 4/24/23 | 8/14/23 | 10/25/23 | - | - | - |
1CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | 352 | 798 | 873 | 373 | 854 | 659 | - |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | 1.294 x | 1.408 x | 0.9877 x | 0.877 x | 0.9582 x | 0.5078 x | - |
| Free Cash Flow 1 | - | -688 | -1,416 | 165 | 760 | 1,164 | 1,374 | - |
| ROE (net income / shareholders' equity) | 13.3% | 10.6% | 12.7% | 18% | 2.41% | 10.6% | 15.5% | 15% |
| ROA (Net income/ Total Assets) | 7.01% | 5.02% | 5.62% | 6.76% | - | 3.7% | 5.22% | - |
| Assets 1 | 2,112 | 3,767 | 6,371 | 9,207 | - | 11,542 | 14,504 | - |
| Book Value Per Share 2 | 7.930 | 7.380 | 12.10 | 14.10 | - | 15.30 | 19.30 | 20.00 |
| Cash Flow per Share 2 | -0.6700 | -1.570 | -1.870 | 1.900 | - | 2.280 | 2.900 | 2.020 |
| Capex 1 | 234 | 551 | 927 | 337 | 277 | 446 | 449 | 259 |
| Capex / Sales | 5.67% | 9.03% | 8.23% | 2.37% | 2% | 2.53% | 2.02% | 0.92% |
| Announcement Date | 4/14/20 | 4/19/21 | 3/7/22 | 4/12/23 | 4/22/24 | - | - | - |
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
BUY
Number of Analysts
10
Last Close Price
40.31
CNY
Average target price
47.88
CNY
Spread / Average Target
+18.79%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -25.00% | 1.46B | |
| +2.40% | 192B | |
| +0.66% | 121B | |
| +23.77% | 73.68B | |
| -1.85% | 58.22B | |
| -1.31% | 22.95B | |
| +21.43% | 23.28B | |
| +9.69% | 15.99B | |
| -8.99% | 15.81B | |
| +5.48% | 9.65B |
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- Financials Quectel Wireless Solutions Co., Ltd.
