Financials Shanghai Fullhan Microelectronics Co., Ltd.

Equities

300613

CNE100002PQ5

Semiconductors

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
31.93 CNY +6.04% Intraday chart for Shanghai Fullhan Microelectronics Co., Ltd. +1.98% -24.76%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 7,208 9,642 19,603 11,507 9,782 7,369 - -
Enterprise Value (EV) 1 7,208 8,872 19,305 10,846 9,782 7,369 7,369 7,369
P/E ratio 88.1 x 110 x 53.8 x 29 x 38.6 x 20.1 x 17.4 x 16.9 x
Yield - - - - 0.28% 0.5% 0.56% -
Capitalization / Revenue 13.8 x 15.8 x 11.4 x 5.45 x 5.37 x 3.59 x 3.02 x 2.9 x
EV / Revenue 13.8 x 15.8 x 11.4 x 5.45 x 5.37 x 3.59 x 3.02 x 2.9 x
EV / EBITDA 75 x 78.7 x 38.9 x 21.2 x 24.1 x 21 x 17.7 x 15.6 x
EV / FCF - 64,899,023 x -194,703,126 x 22,064,940 x - - - -
FCF Yield - 0% -0% 0% - - - -
Price to Book 6.32 x 7.22 x 11.2 x 5.29 x 3.84 x 2.59 x 2.54 x -
Nbr of stocks (in thousands) 227,923 227,923 228,436 229,545 230,482 230,783 - -
Reference price 2 31.62 42.30 85.82 50.13 42.44 31.93 31.93 31.93
Announcement Date 2/19/20 3/3/21 4/14/22 4/14/23 4/14/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 522.1 610.2 1,717 2,111 1,822 2,053 2,444 2,542
EBITDA 1 96.15 122.5 504 543.5 406.5 351 417 472
EBIT 1 62.86 83.27 392.1 394.4 247.1 351 455 489
Operating Margin 12.04% 13.65% 22.84% 18.69% 13.56% 17.1% 18.62% 19.24%
Earnings before Tax (EBT) 1 75.98 91.06 407.3 404.7 247.1 359 463.5 494
Net income 1 81.67 87.68 363.9 398.1 252.5 365.4 423.9 437
Net margin 15.64% 14.37% 21.19% 18.86% 13.86% 17.8% 17.34% 17.19%
EPS 2 0.3588 0.3861 1.595 1.730 1.100 1.585 1.835 1.890
Free Cash Flow - 148.6 -100.7 521.5 - - - -
FCF margin - 24.34% -5.86% 24.71% - - - -
FCF Conversion (EBITDA) - 121.31% - 95.95% - - - -
FCF Conversion (Net income) - 169.45% - 130.99% - - - -
Dividend per Share 2 - - - - 0.1200 0.1600 0.1800 -
Announcement Date 2/19/20 3/3/21 4/14/22 4/14/23 4/14/24 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - 770 298 661 - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - 149 -101 522 - - - -
ROE (net income / shareholders' equity) 7.53% 7.09% 23% 19.9% 10.5% 12.7% 13% 12.2%
ROA (Net income/ Total Assets) - - - - - 8.1% 8.8% 9%
Assets 1 - - - - - 4,511 4,817 4,856
Book Value Per Share 2 5.000 5.860 7.630 9.480 11.00 12.30 12.60 -
Cash Flow per Share 2 0.2200 - - - 1.970 1.630 1.960 -
Capex 1 - 42.4 82.6 99.8 135 20 85 20
Capex / Sales - 6.95% 4.81% 4.73% 7.43% 0.97% 3.48% 0.79%
Announcement Date 2/19/20 3/3/21 4/14/22 4/14/23 4/14/24 - - -
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

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
31.93 CNY
Average target price
43 CNY
Spread / Average Target
+34.67%
Consensus

Annual profits - Rate of surprise

  1. Stock Market
  2. Equities
  3. 300613 Stock
  4. Financials Shanghai Fullhan Microelectronics Co., Ltd.