Financials Shenzhen Jufei Optoelectronics Co., Ltd.

Equities

300303

CNE100001CM4

Semiconductors

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-28 pm EDT 5-day change 1st Jan Change
5.2 CNY +3.59% Intraday chart for Shenzhen Jufei Optoelectronics Co., Ltd. +12.55% -12.31%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 3,035 7,171 6,748 8,055 5,179 7,835
Enterprise Value (EV) 1 2,480 6,334 5,783 6,683 3,796 6,536
P/E ratio 18.7 x 22.4 x 22 x 28.8 x 28 x 34.9 x
Yield 1.85% 1.78% 1.89% 1.66% 2.55% 1.69%
Capitalization / Revenue 1.29 x 2.86 x 2.87 x 3.4 x 2.29 x 3.12 x
EV / Revenue 1.06 x 2.53 x 2.46 x 2.82 x 1.68 x 2.6 x
EV / EBITDA 11.2 x 15.8 x 14 x 20.8 x 14.3 x 20 x
EV / FCF -28.2 x 26.7 x 103 x 43.1 x 47.5 x 235 x
FCF Yield -3.54% 3.75% 0.97% 2.32% 2.11% 0.43%
Price to Book 1.61 x 3.25 x 2.7 x 2.76 x 1.78 x 2.58 x
Nbr of stocks (in thousands) 1,248,924 1,278,273 1,278,103 1,333,692 1,321,276 1,321,281
Reference price 2 2.430 5.610 5.280 6.040 3.920 5.930
Announcement Date 3/29/19 4/27/20 4/23/21 4/22/22 4/21/23 3/30/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 2,345 2,507 2,351 2,371 2,262 2,512
EBITDA 1 222.1 401.1 411.6 321.1 265.8 326.8
EBIT 1 145 303.8 307.6 215.8 154.2 210.1
Operating Margin 6.18% 12.12% 13.09% 9.1% 6.82% 8.36%
Earnings before Tax (EBT) 1 185.6 354.8 346.5 281.9 214 251
Net income 1 159.8 308.4 304.9 271.7 188.1 230
Net margin 6.81% 12.3% 12.97% 11.46% 8.32% 9.16%
EPS 2 0.1300 0.2500 0.2400 0.2100 0.1400 0.1700
Free Cash Flow 1 -87.85 237.6 56.06 155.1 79.98 27.84
FCF margin -3.75% 9.48% 2.38% 6.54% 3.54% 1.11%
FCF Conversion (EBITDA) - 59.24% 13.62% 48.29% 30.09% 8.52%
FCF Conversion (Net income) - 77.03% 18.39% 57.08% 42.51% 12.1%
Dividend per Share 2 0.0450 0.1000 0.1000 0.1000 0.1000 0.1000
Announcement Date 3/29/19 4/27/20 4/23/21 4/22/22 4/21/23 3/30/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 555 837 965 1,372 1,384 1,299
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -87.9 238 56.1 155 80 27.8
ROE (net income / shareholders' equity) 8.06% 14.7% 13% 10.2% 6.64% 7.66%
ROA (Net income/ Total Assets) 2.76% 5.15% 4.23% 2.72% 1.95% 2.56%
Assets 1 5,791 5,992 7,201 9,981 9,662 9,002
Book Value Per Share 2 1.510 1.730 1.950 2.190 2.200 2.300
Cash Flow per Share 2 0.2200 0.2200 0.7100 0.7000 0.5600 0.4700
Capex 1 204 176 117 237 216 106
Capex / Sales 8.71% 7% 4.98% 10% 9.56% 4.23%
Announcement Date 3/29/19 4/27/20 4/23/21 4/22/22 4/21/23 3/30/24
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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