Financials Shenzhen Tongye Technology Co.,Ltd.

Equities

300960

CNE100004G90

Electrical Components & Equipment

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-28 pm EDT 5-day change 1st Jan Change
17.57 CNY -0.62% Intraday chart for Shenzhen Tongye Technology Co.,Ltd. -7.04% -20.78%

Valuation

Fiscal Period: December 2021 2022 2023
Capitalization 1 2,552 1,745 2,271
Enterprise Value (EV) 1 2,284 1,484 2,040
P/E ratio 53 x 58.8 x 63.4 x
Yield 1.2% 2.35% 2.71%
Capitalization / Revenue 8.67 x 5.9 x 6.33 x
EV / Revenue 7.76 x 5.02 x 5.68 x
EV / EBITDA 53.7 x 57.5 x 50.6 x
EV / FCF -29,766,580 x 385,084,650 x -307,339,539 x
FCF Yield -0% 0% -0%
Price to Book 4 x 2.73 x 3.56 x
Nbr of stocks (in thousands) 102,386 102,386 102,386
Reference price 2 24.93 17.04 22.18
Announcement Date 4/25/22 4/24/23 3/22/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023
Net sales 1 389.3 317.8 294.4 295.6 358.8
EBITDA 1 87.98 82.93 42.51 25.83 40.27
EBIT 1 81.75 76.65 36.11 19.47 32.65
Operating Margin 21% 24.12% 12.27% 6.59% 9.1%
Earnings before Tax (EBT) 1 83.7 82.6 47.98 29.87 39.23
Net income 1 74.21 73.68 45.37 29.41 35.84
Net margin 19.06% 23.19% 15.41% 9.95% 9.99%
EPS 2 0.9700 0.9600 0.4700 0.2900 0.3500
Free Cash Flow - 34.3 -76.74 3.854 -6.636
FCF margin - 10.79% -26.07% 1.3% -1.85%
FCF Conversion (EBITDA) - 41.36% - 14.92% -
FCF Conversion (Net income) - 46.55% - 13.11% -
Dividend per Share - 0.4000 0.3000 0.4000 0.6000
Announcement Date 3/9/21 3/9/21 4/25/22 4/24/23 3/22/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023
Net Debt 1 - - - - -
Net Cash position 1 65.5 124 268 260 231
Leverage (Debt/EBITDA) - - - - -
Free Cash Flow - 34.3 -76.7 3.85 -6.64
ROE (net income / shareholders' equity) - 22.3% 9.05% 4.61% 5.61%
ROA (Net income/ Total Assets) - 7.94% 2.9% 1.33% 2.25%
Assets 1 - 927.5 1,565 2,212 1,591
Book Value Per Share 2 3.840 4.760 6.230 6.240 6.230
Cash Flow per Share 2 1.020 2.230 3.110 3.250 2.820
Capex 1 16.4 15 10.1 45.5 28.5
Capex / Sales 4.22% 4.73% 3.43% 15.38% 7.93%
Announcement Date 3/9/21 3/9/21 4/25/22 4/24/23 3/22/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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