Financials Sunyard Technology Co.,Ltd

Equities

600571

CNE000001CZ7

Financial Technology (Fintech)

End-of-day quote Shanghai S.E. 06:00:00 2024-04-28 pm EDT 5-day change 1st Jan Change
12.35 CNY +1.40% Intraday chart for Sunyard Technology Co.,Ltd +10.47% -10.18%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,770 4,190 3,330 5,839 4,427 6,418
Enterprise Value (EV) 1 2,006 3,291 2,311 4,590 3,450 5,471
P/E ratio 105 x 68.1 x 29.6 x 19.1 x -27.9 x 49.1 x
Yield 5.87% 1.47% 2.9% 2.04% - 1.89%
Capitalization / Revenue 2.27 x 3.49 x 2.63 x 3.8 x 2.88 x 3.02 x
EV / Revenue 1.64 x 2.74 x 1.82 x 2.99 x 2.24 x 2.57 x
EV / EBITDA -16.3 x -34.6 x -110 x 1,848 x -17.6 x 58.4 x
EV / FCF 23.5 x 7.13 x 18.2 x 159 x -35.6 x -69.8 x
FCF Yield 4.26% 14% 5.48% 0.63% -2.81% -1.43%
Price to Book 2.63 x 4.43 x 3.36 x 4.33 x 4.18 x 5.33 x
Nbr of stocks (in thousands) 439,679 439,679 439,277 477,022 480,159 466,796
Reference price 2 6.300 9.530 7.580 12.24 9.220 13.75
Announcement Date 4/12/19 4/17/20 4/16/21 3/30/22 4/14/23 4/19/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,223 1,200 1,266 1,537 1,538 2,129
EBITDA 1 -122.7 -95.14 -20.95 2.484 -196.3 93.66
EBIT 1 -139 -109.9 -31.32 -3.487 -201.7 89.24
Operating Margin -11.36% -9.16% -2.47% -0.23% -13.11% 4.19%
Earnings before Tax (EBT) 1 18.78 47.99 93.2 401.9 -160.8 130
Net income 1 27.49 59.7 112.6 290.8 -149.6 127.2
Net margin 2.25% 4.98% 8.89% 18.92% -9.73% 5.98%
EPS 2 0.0600 0.1400 0.2563 0.6400 -0.3300 0.2800
Free Cash Flow 1 85.41 461.3 126.7 28.79 -96.97 -78.33
FCF margin 6.98% 38.45% 10% 1.87% -6.3% -3.68%
FCF Conversion (EBITDA) - - - 1,158.98% - -
FCF Conversion (Net income) 310.73% 772.58% 112.47% 9.9% - -
Dividend per Share 2 0.3700 0.1400 0.2200 0.2500 - 0.2600
Announcement Date 4/12/19 4/17/20 4/16/21 3/30/22 4/14/23 4/19/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 764 899 1,019 1,248 978 947
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 85.4 461 127 28.8 -97 -78.3
ROE (net income / shareholders' equity) -0.33% 3.78% 10.4% 27.9% -12.3% 10.4%
ROA (Net income/ Total Assets) -4.58% -4.4% -1.23% -0.12% -6.64% 3.08%
Assets 1 -599.6 -1,356 -9,123 -243,592 2,253 4,128
Book Value Per Share 2 2.400 2.150 2.260 2.830 2.200 2.580
Cash Flow per Share 2 0.5500 0.3000 0.1700 0.3100 0.4100 0.2800
Capex 1 12.8 6.77 3.82 9.41 5.67 7.34
Capex / Sales 1.05% 0.56% 0.3% 0.61% 0.37% 0.34%
Announcement Date 4/12/19 4/17/20 4/16/21 3/30/22 4/14/23 4/19/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

  1. Stock Market
  2. Equities
  3. 600571 Stock
  4. Financials Sunyard Technology Co.,Ltd