Financials Shenglan Technology Co., Ltd.

Equities

300843

CNE1000040V2

Electronic Equipment & Parts

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
24.56 CNY -0.77% Intraday chart for Shenglan Technology Co., Ltd. +31.13% +6.88%

Valuation

Fiscal Period: December 2020 2021 2022 2023
Capitalization 1 4,358 4,515 2,625 3,438
Enterprise Value (EV) 1 3,921 4,304 2,383 3,382
P/E ratio 38 x 43.3 x 46.2 x 45.1 x
Yield 0.51% 0.23% 0.28% -
Capitalization / Revenue 4.76 x 3.47 x 2.24 x 2.77 x
EV / Revenue 4.29 x 3.3 x 2.04 x 2.72 x
EV / EBITDA 28.3 x 32.4 x 30.2 x 26.3 x
EV / FCF -38.1 x -27.2 x -121 x -20.4 x
FCF Yield -2.62% -3.67% -0.82% -4.89%
Price to Book 5.14 x 4.81 x 2.48 x 3.11 x
Nbr of stocks (in thousands) 148,900 148,900 149,587 149,597
Reference price 2 29.27 30.32 17.55 22.98
Announcement Date 4/14/21 4/26/22 4/26/23 4/25/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 645.3 724.4 914.8 1,303 1,170 1,241
EBITDA 1 827.2 105.5 138.4 132.9 78.77 128.6
EBIT 1 73.9 88.73 116.3 104.2 44.26 81.9
Operating Margin 11.45% 12.25% 12.71% 8% 3.78% 6.6%
Earnings before Tax (EBT) 1 80.31 92.85 115.4 112.2 58.36 62.5
Net income 1 69.35 79.22 100 103.8 59.75 76.52
Net margin 10.75% 10.94% 10.93% 7.97% 5.11% 6.16%
EPS 2 0.6200 0.7100 0.7700 0.7000 0.3800 0.5100
Free Cash Flow 1 741.9 1.72 -102.8 -158.1 -19.61 -165.4
FCF margin 114.97% 0.24% -11.24% -12.13% -1.68% -13.33%
FCF Conversion (EBITDA) 89.68% 1.63% - - - -
FCF Conversion (Net income) 1,069.67% 2.17% - - - -
Dividend per Share - - 0.1500 0.0700 0.0500 -
Announcement Date 3/22/19 6/9/20 4/14/21 4/26/22 4/26/23 4/25/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 140 167 437 210 243 55.3
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 742 1.72 -103 -158 -19.6 -165
ROE (net income / shareholders' equity) 21.9% 20.3% 15.6% 11.7% 5.45% 6.65%
ROA (Net income/ Total Assets) 8.81% 8.13% 6.89% 4.48% 1.59% 2.51%
Assets 1 786.9 974.4 1,452 2,316 3,761 3,049
Book Value Per Share 2 3.110 3.820 5.690 6.310 7.060 7.390
Cash Flow per Share 2 1.250 1.500 2.250 1.880 3.430 2.960
Capex 1 56.9 76.7 124 203 145 215
Capex / Sales 8.82% 10.59% 13.54% 15.58% 12.42% 17.35%
Announcement Date 3/22/19 6/9/20 4/14/21 4/26/22 4/26/23 4/25/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

  1. Stock Market
  2. Equities
  3. 300843 Stock
  4. Financials Shenglan Technology Co., Ltd.