Financials Shandong Weida Machinery Co., Ltd.

Equities

002026

CNE000001KH8

Industrial Machinery & Equipment

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
8.43 CNY +1.81% Intraday chart for Shandong Weida Machinery Co., Ltd. +13.61% -16.95%

Valuation

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 4,789 8,114 4,218 4,522 3,756 - -
Enterprise Value (EV) 1 4,789 8,114 4,218 4,522 3,756 3,756 3,756
P/E ratio 19 x 20.9 x 20.2 x 27.4 x 16.5 x 14.5 x -
Yield - 0.81% - - - - -
Capitalization / Revenue - 2.45 x - 1.91 x 1.44 x 1.27 x -
EV / Revenue - 2.45 x - 1.91 x 1.44 x 1.27 x -
EV / EBITDA - 15.8 x - 16 x 11.4 x 9.94 x -
EV / FCF - - - - 37.3 x 34.1 x 19.7 x
FCF Yield - - - - 2.68% 2.93% 5.07%
Price to Book - 2.62 x - 1.32 x 1.05 x 0.98 x -
Nbr of stocks (in thousands) 420,098 440,726 444,885 445,515 445,550 - -
Reference price 2 11.40 18.41 9.480 10.15 8.430 8.430 8.430
Announcement Date 2/25/21 3/22/22 4/24/23 4/22/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net sales 1 - 3,310 - 2,367 2,602 2,960 -
EBITDA 1 - 513.9 - 281.8 329 378 -
EBIT 1 - 438.7 - 200.1 273 310 -
Operating Margin - 13.25% - 8.45% 10.49% 10.47% -
Earnings before Tax (EBT) 1 - 442.8 - 199.5 274 310 -
Net income 1 254.4 376.3 206.4 166.4 229 258 -
Net margin - 11.37% - 7.03% 8.8% 8.72% -
EPS 2 0.6000 0.8800 0.4700 0.3700 0.5100 0.5800 -
Free Cash Flow 1 - - - - 100.7 110 190.4
FCF margin - - - - 3.87% 3.72% -
FCF Conversion (EBITDA) - - - - 30.6% 29.1% -
FCF Conversion (Net income) - - - - 43.97% 42.64% -
Dividend per Share - 0.1500 - - - - -
Announcement Date 2/25/21 3/22/22 4/24/23 4/22/24 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow 1 - - - - 101 110 190
ROE (net income / shareholders' equity) - 13.3% - 4.98% 6.4% 6.8% -
ROA (Net income/ Total Assets) - 9.36% - - 4.6% 4.7% -
Assets 1 - 4,020 - - 4,978 5,489 -
Book Value Per Share 2 - 7.030 - 7.680 8.050 8.560 -
Cash Flow per Share - 1.000 - - - - -
Capex 1 - - - 150 120 80 80
Capex / Sales - - - 6.35% 4.61% 2.7% -
Announcement Date 2/25/21 3/22/22 4/24/23 4/22/24 - - -
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
8.43 CNY
Average target price
10 CNY
Spread / Average Target
+18.62%
Consensus

Annual profits - Rate of surprise

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