SHENZHEN SUNLINE TECH CO., LTD. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 7.62 CNY | +2.56% |
|
+8.55% | -26.09% |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 10,079 | 13,708 | 11,298 | 7,446 | 7,548 | 5,577 | - | - |
| Enterprise Value (EV) 1 | 10,079 | 13,708 | 11,013 | 7,287 | 7,358 | 5,110 | 5,164 | 4,675 |
| P/E ratio | 71 x | 57.1 x | 89 x | 329 x | 232 x | 61 x | 19.9 x | 24.2 x |
| Yield | 0.06% | 0.37% | 0.22% | 0.06% | 0.1% | 1.26% | 1.28% | 2.02% |
| Capitalization / Revenue | 7.69 x | 8.84 x | 7.19 x | 3.95 x | 3.94 x | 2.22 x | 1.83 x | 1.52 x |
| EV / Revenue | 7.69 x | 8.84 x | 7.01 x | 3.86 x | 3.84 x | 2.04 x | 1.69 x | 1.28 x |
| EV / EBITDA | 53.6 x | 39.5 x | 54.5 x | 71.9 x | 67.2 x | 37 x | 16.1 x | 8.14 x |
| EV / FCF | - | 162 x | -483 x | -51.1 x | 143 x | 77.4 x | 64.5 x | 67.8 x |
| FCF Yield | - | 0.62% | -0.21% | -1.96% | 0.7% | 1.29% | 1.55% | 1.48% |
| Price to Book | 6.78 x | 9.99 x | 7.6 x | 4.98 x | 4.77 x | 3.19 x | 2.88 x | 2.33 x |
| Nbr of stocks (in thousands) | 722,715 | 721,479 | 721,001 | 731,472 | 732,144 | 731,872 | - | - |
| Reference price 2 | 13.95 | 19.00 | 15.67 | 10.18 | 10.31 | 7.620 | 7.620 | 7.620 |
| Announcement Date | 2/27/20 | 4/16/21 | 4/14/22 | 4/14/23 | 4/16/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,311 | 1,551 | 1,572 | 1,887 | 1,918 | 2,511 | 3,056 | 3,666 |
| EBITDA 1 | 188 | 347 | 202 | 101.4 | 109.4 | 138 | 321.7 | 574.6 |
| EBIT 1 | 142.2 | 286.6 | 138.8 | 33.41 | 37.12 | 153.1 | 292.8 | 469.7 |
| Operating Margin | 10.85% | 18.48% | 8.83% | 1.77% | 1.94% | 6.1% | 9.58% | 12.81% |
| Earnings before Tax (EBT) 1 | 142.3 | 286.6 | 138.9 | 33.32 | 37.13 | 108.1 | 398.6 | 266.2 |
| Net income 1 | 137.9 | 236.8 | 126.2 | 22.43 | 32.15 | 92.55 | 285.1 | 227.8 |
| Net margin | 10.52% | 15.27% | 8.02% | 1.19% | 1.68% | 3.69% | 9.33% | 6.21% |
| EPS 2 | 0.1965 | 0.3327 | 0.1760 | 0.0309 | 0.0444 | 0.1250 | 0.3824 | 0.3150 |
| Free Cash Flow 1 | - | 84.65 | -22.78 | -142.7 | 51.31 | 66 | 80 | 69 |
| FCF margin | - | 5.46% | -1.45% | -7.56% | 2.68% | 2.63% | 2.62% | 1.88% |
| FCF Conversion (EBITDA) | - | 24.4% | - | - | 46.89% | 47.83% | 24.87% | 12.01% |
| FCF Conversion (Net income) | - | 35.74% | - | - | 159.61% | 71.31% | 28.06% | 30.29% |
| Dividend per Share 2 | 0.008000 | 0.0700 | 0.0350 | 0.006000 | 0.0100 | 0.0961 | 0.0976 | 0.1539 |
| Announcement Date | 2/27/20 | 4/16/21 | 4/14/22 | 4/14/23 | 4/16/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 793.7 | 276.4 | 405.1 | 374.4 | 831.2 | 296 | 453.1 | 428.2 | 740.6 | 288.7 | 784.6 | 804.2 | 823.8 | 1,030 | 1,005 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 115.1 | -6.732 | 13.1 | -1.219 | 28.27 | -5.141 | -2.954 | 11.76 | 33.45 | -3.954 | 113.9 | 116.7 | 119.6 | 166 | 162 |
| Operating Margin | 14.5% | -2.44% | 3.23% | -0.33% | 3.4% | -1.74% | -0.65% | 2.75% | 4.52% | -1.37% | 14.51% | 14.51% | 14.51% | 16.12% | 16.12% |
| Earnings before Tax (EBT) 1 | - | - | - | -1.243 | 28.2 | -5.153 | -2.852 | 11.73 | 33.41 | -3.809 | 108.4 | 111.1 | 113.9 | 160.5 | 156.5 |
| Net income 1 | - | - | - | -0.7601 | 16.41 | -5.743 | -4.197 | 11.58 | 30.51 | -3.789 | 85.71 | 87.85 | 90 | 126.8 | 123.7 |
| Net margin | - | - | - | -0.2% | 1.97% | -1.94% | -0.93% | 2.7% | 4.12% | -1.31% | 10.92% | 10.92% | 10.92% | 12.31% | 12.31% |
| EPS 2 | 0.1500 | -0.0137 | 0.0200 | -0.001100 | 0.0200 | -0.008000 | -0.005800 | 0.0100 | 0.0400 | -0.005200 | 0.1172 | 0.1201 | 0.1230 | 0.1734 | 0.1692 |
| Dividend per Share 2 | 0.0350 | - | - | - | 0.006000 | - | - | - | - | - | - | - | 0.0961 | - | - |
| Announcement Date | 4/14/22 | 4/21/22 | 8/4/22 | 10/27/22 | 4/14/23 | 4/21/23 | 8/25/23 | 10/24/23 | 4/16/24 | 4/25/24 | - | - | - | - | - |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | - | - | 285 | 160 | 191 | 467 | 413 | 901 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | - | 84.7 | -22.8 | -143 | 51.3 | 66 | 80 | 69 |
| ROE (net income / shareholders' equity) | 10.2% | 14.5% | 8.27% | 1.5% | 2.1% | 4% | 14% | 21.5% |
| ROA (Net income/ Total Assets) | 6.87% | 11.2% | 5.72% | - | - | 5.2% | 7.85% | - |
| Assets 1 | 2,009 | 2,119 | 2,204 | - | - | 1,780 | 3,632 | - |
| Book Value Per Share 2 | 2.060 | 1.900 | 2.060 | 2.050 | 2.160 | 2.390 | 2.640 | 3.280 |
| Cash Flow per Share 2 | 0.1500 | 0.2000 | 0.0500 | -0.1100 | 0.1400 | 0.2200 | 0.2500 | 0.2600 |
| Capex 1 | 72.1 | 56.7 | 56.2 | 59.5 | 54.4 | 67.3 | 58.7 | 54.4 |
| Capex / Sales | 5.5% | 3.65% | 3.58% | 3.15% | 2.84% | 2.68% | 1.92% | 1.48% |
| Announcement Date | 2/27/20 | 4/16/21 | 4/14/22 | 4/14/23 | 4/16/24 | - | - | - |
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
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
BUY
Number of Analysts
8
Last Close Price
7.62
CNY
Average target price
10.37
CNY
Spread / Average Target
+36.09%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -26.09% | 770M | |
| +11.17% | 322B | |
| +24.75% | 216B | |
| +2.41% | 149B | |
| +10.65% | 56.27B | |
| +8.71% | 32.13B | |
| -4.57% | 27.45B | |
| +103.03% | 22.62B | |
| +20.22% | 19.55B | |
| +13.06% | 14.69B |
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