Financials Soyea Technology Co., Ltd

Equities

000909

CNE000000YN9

Computer Hardware

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
3.97 CNY +2.58% Intraday chart for Soyea Technology Co., Ltd +12.15% -38.83%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,068 2,430 3,712 3,576 3,622 2,945
Enterprise Value (EV) 1 3,108 3,396 4,708 4,192 4,958 4,008
P/E ratio 56.1 x 88.4 x 71.8 x 59.2 x -9.39 x -9.24 x
Yield - - 0.43% - - -
Capitalization / Revenue 1.34 x 2.2 x 2.76 x 2.01 x 3.85 x 4.38 x
EV / Revenue 2.02 x 3.07 x 3.5 x 2.36 x 5.28 x 5.96 x
EV / EBITDA 17.2 x 19.4 x 52.1 x 20.7 x 222 x 20.4 x
EV / FCF 19.8 x 41 x -163 x 5.82 x 38.9 x 11.7 x
FCF Yield 5.06% 2.44% -0.61% 17.2% 2.57% 8.56%
Price to Book 1.96 x 2.27 x 2.05 x 1.94 x 2.48 x 2.58 x
Nbr of stocks (in thousands) 312,352 312,352 453,829 453,829 453,829 453,829
Reference price 2 6.620 7.780 8.180 7.880 7.980 6.490
Announcement Date 4/16/19 3/10/20 4/23/21 4/29/22 4/27/23 4/19/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,537 1,105 1,345 1,778 939.9 673
EBITDA 1 181 175.2 90.33 202.1 22.3 196.3
EBIT 1 171.4 165.6 61.51 169.3 -13.26 153.8
Operating Margin 11.15% 14.98% 4.57% 9.52% -1.41% 22.85%
Earnings before Tax (EBT) 1 98.01 60.68 77.83 137.2 -335.6 -271.4
Net income 1 36.92 27.51 43.04 60.2 -385.7 -318.9
Net margin 2.4% 2.49% 3.2% 3.39% -41.04% -47.38%
EPS 2 0.1180 0.0880 0.1140 0.1330 -0.8500 -0.7027
Free Cash Flow 1 157.3 82.83 -28.9 720.4 127.5 343.1
FCF margin 10.23% 7.49% -2.15% 40.51% 13.56% 50.98%
FCF Conversion (EBITDA) 86.96% 47.27% - 356.36% 571.68% 174.79%
FCF Conversion (Net income) 426.2% 301.04% - 1,196.62% - -
Dividend per Share - - 0.0350 - - -
Announcement Date 4/16/19 3/10/20 4/23/21 4/29/22 4/27/23 4/19/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 1,040 966 996 616 1,337 1,062
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 5.748 x 5.515 x 11.02 x 3.048 x 59.95 x 5.413 x
Free Cash Flow 1 157 82.8 -28.9 720 127 343
ROE (net income / shareholders' equity) 5.12% 3.07% 3.24% 4.87% -21.2% -22.7%
ROA (Net income/ Total Assets) 2.99% 3.19% 0.9% 2.43% -0.19% 2.59%
Assets 1 1,235 861.6 4,801 2,474 202,347 -12,324
Book Value Per Share 2 3.380 3.430 3.990 4.070 3.210 2.520
Cash Flow per Share 2 0.8700 0.6300 1.140 1.290 1.480 0.5800
Capex 1 0.79 0.38 22.4 46.9 17.2 17.7
Capex / Sales 0.05% 0.03% 1.66% 2.64% 1.83% 2.63%
Announcement Date 4/16/19 3/10/20 4/23/21 4/29/22 4/27/23 4/19/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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