Financials Sino Wealth Electronic Ltd.

Equities

End-of-day quote Shenzhen S.E. Other stock markets 2025-07-15			5-day change	1st Jan Change
23.89 ^CNY	-0.79%		-1.08%	-2.37%

Jun. 10	Shanghai Zhineng Industrial Electronics Co., Ltd. agreed to acquire 14.20% stake in Sino Wealth Electronic Ltd. from Richland International Holdings Ltd. and WinChannel.	CI
Jun. 09	Sino Wealth Electronic Says Trading In Shares To Resume On June 10	RE

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	1,012	1,494	1,602	1,300	1,343	1,529	1,804	2,095
Change	-	47.58%	7.23%	-18.83%	3.32%	13.81%	17.98%	16.14%
EBITDA ¹	240.5	423.7	390.3	155.9	129.4	221.4	324.7	394
Change	-	76.2%	-7.9%	-60.05%	-17.02%	71.14%	46.68%	21.34%
EBIT ¹	217.5	398.3	363.4	86.39	92.9	144.4	222.2	296
Change	-	83.1%	-8.75%	-76.23%	7.53%	55.44%	53.91%	33.18%
Interest Paid ¹	-4.726	-4.693	-1.393	-	9.785	-4.245	-7.61	-11.56
Earnings before Tax (EBT) ¹	217.5	396.7	310.7	132.4	88.03	147.3	234.1	308.8
Change	-	82.39%	-21.69%	-57.37%	-33.53%	67.29%	58.97%	31.9%
Net income ¹	209.6	370.6	323	186.3	134.1	168.9	255.2	332.3
Change	-	76.84%	-12.86%	-42.32%	-28.01%	25.9%	51.12%	30.23%
Announcement Date	2/26/21	2/28/22	3/29/23	3/29/24	3/28/25	-	-	-

¹CNY in Million

Estimates

Fiscal Period: December	2020 Q2	2021 Q3	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	2025 Q3	2025 Q4
Net sales ¹	253.3	407.5	464	438.1	354	345.7	289	339.7	294	377.5	318.8	334.6	324.2	365.8	319	356.5	346.9	425.7
Change	-	60.85%	13.87%	-5.59%	-19.19%	-2.34%	-16.42%	17.57%	-13.46%	28.4%	-15.55%	4.94%	-3.09%	12.83%	-12.81%	11.77%	-2.7%	22.72%
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	-	-	139.3	137.5	40.68	45.96	37.71	33.12	-8.377	23.95	31.91	21.6	3.877	35.51	9.539	28.05	19.96	37.13
Change	-	-	-	-1.3%	-70.41%	12.97%	-17.96%	-12.17%	-125.3%	385.89%	33.25%	-32.32%	-82.05%	816.06%	-73.14%	194.08%	-28.86%	86.06%
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income	51.92	115.2	-	127	55.24	12.4	-	-	-	86.74	-	-	-	-	-	-	-	-
Change	-	121.94%	-	-	-56.5%	-77.55%	-	-	-	-	-	-	-	-	-	-	-	-
Announcement Date	8/20/20	10/21/21	4/19/22	8/11/22	10/21/22	3/29/23	4/19/23	8/18/23	10/22/23	3/29/24	4/23/24	8/22/24	10/23/24	3/28/25	4/23/25	-	-	-

¹CNY in Million

Estimates

¹CNY in Million

Estimates

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	-	-340	-336	-259	-248	-497	-738	-830
Change	-	-	1.18%	22.92%	4.25%	-100.01%	-48.49%	-12.47%
Announcement Date	2/26/21	2/28/22	3/29/23	3/29/24	3/28/25	-	-	-

¹CNY in Million

Estimates

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	107.8	128.2	102.3	72.79	183.7	52.92	88.18	93.08
Change	-	18.93%	-20.2%	-28.87%	152.41%	-71.2%	66.64%	5.56%
Free Cash Flow (FCF) ¹	-	-124.9	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Announcement Date	2/26/21	2/28/22	3/29/23	3/29/24	3/28/25	-	-	-

¹CNY in Million

Estimates

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	23.76%	28.36%	24.36%	11.99%	9.63%	14.48%	18%	18.81%
EBIT Margin (%)	21.49%	26.66%	22.69%	6.64%	6.91%	9.44%	12.32%	14.13%
EBT Margin (%)	21.49%	26.55%	19.39%	10.19%	6.55%	9.63%	12.98%	14.74%
Net margin (%)	20.71%	24.81%	20.16%	14.33%	9.98%	11.04%	14.15%	15.86%
FCF margin (%)	-	-8.36%	-	-	-	-	-	-
FCF / Net Income (%)	-	-33.71%	-	-	-	-	-	-
Profitability
ROA	16.65%	24.5%	17.54%	8.96%	6.01%	6.4%	8.4%	11.2%
ROE	21.08%	30.32%	22.84%	11.66%	7.81%	9.1%	12.16%	14.25%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	10.65%	8.58%	6.39%	5.6%	13.68%	3.46%	4.89%	4.44%
CAPEX / EBITDA (%)	44.84%	30.26%	26.22%	46.69%	142.03%	23.9%	27.16%	23.62%
CAPEX / FCF (%)	-	-102.65%	-	-	-	-	-	-
Items per share
Cash flow per share ¹	0.638	0.00972	0.0102	-0.0868	0.5375	0.52	0.62	0.48
Change	-	-98.48%	4.94%	-950.98%	719.24%	-3.26%	19.23%	-22.58%
Dividend per Share ¹	0.3967	0.4364	0.4	0.2	0.2	0.225	0.31	0.3867
Change	-	10%	-8.33%	-50%	0%	12.5%	37.78%	24.73%
Book Value Per Share ¹	3.134	3.839	4.327	4.881	5.104	5.56	6.095	6.828
Change	-	22.5%	12.72%	12.8%	4.56%	8.94%	9.62%	12.02%
EPS ¹	0.6196	1.09	0.9495	0.5471	0.3924	0.59	0.746	0.97
Change	-	75.97%	-12.91%	-42.38%	-28.28%	50.36%	26.44%	30.03%
Nbr of stocks (in thousands)	338,123	342,039	342,039	340,116	339,477	339,477	339,477	339,477
Announcement Date	2/26/21	2/28/22	3/29/23	3/29/24	3/28/25	-	-	-