Financials Shandong Yabo Technology Co., Ltd

Equities

002323

CNE100000J26

Construction & Engineering

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-28 pm EDT 5-day change 1st Jan Change
1.49 CNY +4.93% Intraday chart for Shandong Yabo Technology Co., Ltd -3.25% -38.68%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 976.9 2,349 2,051 4,012 6,829 3,634
Enterprise Value (EV) 1 1,640 3,007 2,697 3,327 6,797 3,650
P/E ratio -2.12 x -7.33 x -54.9 x -4.11 x 216 x -122 x
Yield - - - - - -
Capitalization / Revenue 4.26 x 22.4 x 16.4 x 32 x 9.75 x 4.7 x
EV / Revenue 7.15 x 28.7 x 21.5 x 26.6 x 9.71 x 4.72 x
EV / EBITDA -5.24 x -24.6 x -20 x -32.6 x 150 x -150 x
EV / FCF 17 x 33.6 x -33.8 x 4.32 x -13.7 x -177 x
FCF Yield 5.88% 2.97% -2.96% 23.2% -7.28% -0.56%
Price to Book 2.65 x 30.3 x 37.4 x 6.3 x 10.3 x 5.86 x
Nbr of stocks (in thousands) 2,120,900 2,120,900 2,120,900 2,120,900 2,120,855 1,495,297
Reference price 2 0.4606 1.108 0.9669 1.892 3.220 2.430
Announcement Date 4/27/19 4/29/20 4/29/21 3/4/22 4/14/23 3/29/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 229.4 104.7 125.4 125.2 700.3 772.8
EBITDA 1 -312.6 -122.4 -134.9 -102.1 45.3 -24.27
EBIT 1 -317.5 -126.6 -138.3 -105 42.03 -28.15
Operating Margin -138.43% -120.97% -110.28% -83.85% 6% -3.64%
Earnings before Tax (EBT) 1 -447.3 -316.2 -36.31 -986.2 38.51 -32.12
Net income 1 -459.9 -318 -34.04 -984.6 31.63 -34.32
Net margin -200.53% -303.85% -27.15% -786.31% 4.52% -4.44%
EPS 2 -0.2169 -0.1512 -0.0176 -0.4600 0.0149 -0.0200
Free Cash Flow 1 96.39 89.42 -79.85 770.5 -494.5 -20.58
FCF margin 42.03% 85.44% -63.69% 615.32% -70.62% -2.66%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 4/27/19 4/29/20 4/29/21 3/4/22 4/14/23 3/29/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q1 2022 S1
Net sales - -
EBITDA - -
EBIT - -
Operating Margin - -
Earnings before Tax (EBT) - -
Net income 1 4.568 42.01
Net margin - -
EPS 2 0.002200 0.0198
Dividend per Share - -
Announcement Date 4/27/22 8/24/22
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 663 658 646 - - 16.2
Net Cash position 1 - - - 685 32.5 -
Leverage (Debt/EBITDA) -2.12 x -5.373 x -4.794 x - - -0.6654 x
Free Cash Flow 1 96.4 89.4 -79.8 771 -494 -20.6
ROE (net income / shareholders' equity) -75.1% -142% -51% -284% 4.84% -5.36%
ROA (Net income/ Total Assets) -9.23% -4.98% -5.87% -5.45% 2.43% -1.45%
Assets 1 4,984 6,387 579.8 18,067 1,303 2,370
Book Value Per Share 2 0.1700 0.0400 0.0300 0.3000 0.3100 0.4100
Cash Flow per Share 2 0 0.0100 0 0.3400 0.0400 0.0700
Capex 1 2.35 0.01 2.45 3.64 3.84 3.18
Capex / Sales 1.02% 0.01% 1.96% 2.91% 0.55% 0.41%
Announcement Date 4/27/19 4/29/20 4/29/21 3/4/22 4/14/23 3/29/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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