Financials Shouhang High-Tech Energy Co., Ltd.

Equities

002665

CNE100001CN2

Electrical Components & Equipment

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
1.91 CNY +3.24% Intraday chart for Shouhang High-Tech Energy Co., Ltd. +2.14% -24.80%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 7,134 8,499 5,344 12,922 8,858 6,197
Enterprise Value (EV) 1 5,177 7,556 5,901 14,232 9,997 6,197
P/E ratio -11.1 x 115 x -6.11 x -57.3 x -34.7 x -19.9 x
Yield - - - - - -
Capitalization / Revenue 12.4 x 11.4 x 12.1 x 18 x 13.6 x 6.93 x
EV / Revenue 9 x 10.2 x 13.4 x 19.8 x 15.3 x 6.93 x
EV / EBITDA -32.7 x 62 x -48.7 x 169 x -4,047 x 112 x
EV / FCF -10.3 x -8.99 x -5.53 x -12.2 x -33.1 x -
FCF Yield -9.69% -11.1% -18.1% -8.17% -3.02% -
Price to Book 1.06 x 1.26 x 0.93 x 2.32 x 1.7 x -
Nbr of stocks (in thousands) 2,538,721 2,529,384 2,509,149 2,509,149 2,474,371 2,439,593
Reference price 2 2.810 3.360 2.130 5.150 3.580 2.540
Announcement Date 4/26/19 4/24/20 4/28/21 4/29/22 4/28/23 4/26/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 575 744.1 440.5 718.5 652.2 894.2
EBITDA 1 -158.3 121.9 -121.2 84.03 -2.47 55.47
EBIT 1 -263.1 -12.95 -299.3 -93.85 -188.3 -127.8
Operating Margin -45.75% -1.74% -67.93% -13.06% -28.87% -14.29%
Earnings before Tax (EBT) 1 -778.7 82.52 -928 -259.5 -305.6 -368.7
Net income 1 -640 74.2 -862.5 -222.1 -255.2 -315.7
Net margin -111.29% 9.97% -195.78% -30.91% -39.12% -35.3%
EPS 2 -0.2521 0.0293 -0.3485 -0.0898 -0.1031 -0.1276
Free Cash Flow 1 -501.6 -840.7 -1,068 -1,162 -302 -
FCF margin -87.23% -112.98% -242.36% -161.75% -46.3% -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 4/26/19 4/24/20 4/28/21 4/29/22 4/28/23 4/26/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q1
Net sales -
EBITDA -
EBIT -
Operating Margin -
Earnings before Tax (EBT) -
Net income 1 -53.89
Net margin -
EPS 2 -0.0218
Dividend per Share -
Announcement Date 4/29/22
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - 556 1,310 1,139 -
Net Cash position 1 1,957 943 - - - -
Leverage (Debt/EBITDA) - - -4.591 x 15.59 x -461.1 x -
Free Cash Flow 1 -502 -841 -1,068 -1,162 -302 -
ROE (net income / shareholders' equity) -10.4% 1.08% -14.3% -3.96% -4.9% -
ROA (Net income/ Total Assets) -1.85% -0.09% -2.22% -0.73% -1.51% -
Assets 1 34,634 -79,527 38,815 30,239 16,887 -
Book Value Per Share 2 2.650 2.660 2.280 2.220 2.110 -
Cash Flow per Share 2 1.050 0.9200 0.4400 0.1100 0.1900 -
Capex 1 1,409 719 982 392 143 118
Capex / Sales 245.09% 96.59% 222.96% 54.61% 21.9% 13.16%
Announcement Date 4/26/19 4/24/20 4/28/21 4/29/22 4/28/23 4/26/24
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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