Financials Tecnon Electronics Co., Ltd.

Equities

300650

CNE100002P26

Semiconductors

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
9.25 CNY +0.33% Intraday chart for Tecnon Electronics Co., Ltd. +9.21% -35.81%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,445 1,794 1,766 4,015 1,987 3,146
Enterprise Value (EV) 1 1,288 1,684 1,935 4,025 2,357 3,366
P/E ratio 25.4 x 35.2 x 66.6 x 29.5 x 37 x 68.6 x
Yield 0.89% 0.71% - 0.64% - 0.28%
Capitalization / Revenue 2.97 x 3.2 x 1.56 x 0.81 x 0.61 x 1.19 x
EV / Revenue 2.65 x 3 x 1.71 x 0.81 x 0.73 x 1.27 x
EV / EBITDA 17.1 x 22.3 x 33.5 x 19.4 x 19.4 x 32.2 x
EV / FCF -29.1 x -49.7 x 8.98 x -15 x -12.2 x 29.3 x
FCF Yield -3.44% -2.01% 11.1% -6.65% -8.21% 3.41%
Price to Book 2.83 x 3.41 x 3.22 x 3.68 x 1.79 x 2.63 x
Nbr of stocks (in thousands) 182,498 180,242 180,242 218,577 215,091 218,296
Reference price 2 7.918 9.953 9.800 18.37 9.240 14.41
Announcement Date 4/22/19 3/19/20 4/25/21 3/24/22 4/24/23 4/18/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 486.9 560.4 1,133 4,948 3,235 2,645
EBITDA 1 75.15 75.51 57.7 207.2 121.4 104.7
EBIT 1 61.82 56.44 35.31 181.8 91.29 73.05
Operating Margin 12.7% 10.07% 3.12% 3.67% 2.82% 2.76%
Earnings before Tax (EBT) 1 70.1 62.01 27.87 151.7 64.06 51.48
Net income 1 57.35 51.72 26.6 123 54.56 42.83
Net margin 11.78% 9.23% 2.35% 2.49% 1.69% 1.62%
EPS 2 0.3118 0.2824 0.1471 0.6235 0.2500 0.2100
Free Cash Flow 1 -44.32 -33.89 215.6 -267.6 -193.5 114.8
FCF margin -9.1% -6.05% 19.03% -5.41% -5.98% 4.34%
FCF Conversion (EBITDA) - - 373.61% - - 109.6%
FCF Conversion (Net income) - - 810.34% - - 267.89%
Dividend per Share 2 0.0706 0.0706 - 0.1176 - 0.0400
Announcement Date 4/22/19 3/19/20 4/25/21 3/24/22 4/24/23 4/18/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - 169 9.94 369 221
Net Cash position 1 157 110 - - - -
Leverage (Debt/EBITDA) - - 2.922 x 0.0479 x 3.042 x 2.107 x
Free Cash Flow 1 -44.3 -33.9 216 -268 -194 115
ROE (net income / shareholders' equity) 12% 9.83% 4.31% 15.2% 5.05% 3.96%
ROA (Net income/ Total Assets) 5.44% 4.38% 1.68% 5.5% 2.56% 2.18%
Assets 1 1,055 1,180 1,582 2,239 2,134 1,965
Book Value Per Share 2 2.800 2.920 3.040 4.990 5.170 5.470
Cash Flow per Share 2 0.6300 1.170 0.5600 1.050 0.8000 1.180
Capex 1 99.2 78.4 54.4 49.6 39.3 22.5
Capex / Sales 20.38% 14% 4.8% 1% 1.21% 0.85%
Announcement Date 4/22/19 3/19/20 4/25/21 3/24/22 4/24/23 4/18/24
1CNY in Million2CNY
Estimates
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