THINKER AGRICULTURAL MACHINERY CO., LTD. Financials Thinker Agricultural Machinery Co., Ltd.
Equities
603789
CNE1000022X6
Heavy Machinery & Vehicles
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 7.29 CNY | -4.83% |
|
-1.09% | -32.06% |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 3,203 | 3,723 | 3,390 | 3,286 | 2,236 | 2,793 |
| Enterprise Value (EV) 1 | 3,145 | 3,792 | 3,564 | 3,475 | 2,462 | 2,859 |
| P/E ratio | -55 x | 308 x | -12.2 x | -17.7 x | -14.1 x | -50 x |
| Yield | - | - | - | - | - | - |
| Capitalization / Revenue | 5.38 x | 5.28 x | 13.6 x | 8.18 x | 9.17 x | 9.06 x |
| EV / Revenue | 5.28 x | 5.37 x | 14.3 x | 8.65 x | 10.1 x | 9.27 x |
| EV / EBITDA | 123 x | 61 x | -25.7 x | -20.5 x | -22 x | -146 x |
| EV / FCF | -14.2 x | -21.3 x | -29.6 x | 37.8 x | 727 x | 20.4 x |
| FCF Yield | -7.07% | -4.7% | -3.38% | 2.65% | 0.14% | 4.9% |
| Price to Book | 3.11 x | 3.57 x | 4.31 x | 5.32 x | 4.78 x | 6.65 x |
| Nbr of stocks (in thousands) | 260,000 | 260,000 | 260,000 | 260,000 | 260,000 | 260,300 |
| Reference price 2 | 12.32 | 14.32 | 13.04 | 12.64 | 8.600 | 10.73 |
| Announcement Date | 4/26/19 | 4/28/20 | 4/28/21 | 4/28/22 | 4/28/23 | 4/29/24 |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 595.8 | 705.5 | 248.4 | 401.8 | 243.9 | 308.4 |
| EBITDA 1 | 25.47 | 62.18 | -138.6 | -169.3 | -111.8 | -19.64 |
| EBIT 1 | -18.58 | 16.82 | -183.2 | -215.2 | -152.1 | -57.92 |
| Operating Margin | -3.12% | 2.38% | -73.76% | -53.56% | -62.34% | -18.78% |
| Earnings before Tax (EBT) 1 | -46.14 | 26.37 | -315 | -217.2 | -158 | -54.16 |
| Net income 1 | -58.55 | 12.09 | -277.5 | -185.5 | -158.8 | -55.79 |
| Net margin | -9.83% | 1.71% | -111.69% | -46.15% | -65.1% | -18.09% |
| EPS 2 | -0.2239 | 0.0465 | -1.067 | -0.7133 | -0.6107 | -0.2146 |
| Free Cash Flow 1 | -222.2 | -178.3 | -120.6 | 91.93 | 3.387 | 140 |
| FCF margin | -37.29% | -25.27% | -48.54% | 22.88% | 1.39% | 45.4% |
| FCF Conversion (EBITDA) | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - |
| Announcement Date | 4/26/19 | 4/28/20 | 4/28/21 | 4/28/22 | 4/28/23 | 4/29/24 |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | 68.7 | 173 | 188 | 226 | 66.4 |
| Net Cash position 1 | 58.2 | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | 1.104 x | -1.252 x | -1.112 x | -2.018 x | -3.382 x |
| Free Cash Flow 1 | -222 | -178 | -121 | 91.9 | 3.39 | 140 |
| ROE (net income / shareholders' equity) | -3.87% | 1.28% | -29.9% | -25.1% | -27.2% | -12.5% |
| ROA (Net income/ Total Assets) | -0.75% | 0.63% | -7.34% | -9.84% | -7.9% | -3.05% |
| Assets 1 | 7,767 | 1,918 | 3,780 | 1,884 | 2,011 | 1,828 |
| Book Value Per Share 2 | 3.960 | 4.010 | 3.020 | 2.380 | 1.800 | 1.610 |
| Cash Flow per Share 2 | 0.7000 | 0.6300 | 0.3500 | 0.5000 | 0.2800 | 0.4500 |
| Capex 1 | 61.5 | 61.2 | 64.4 | 8.86 | 27.4 | 98.7 |
| Capex / Sales | 10.33% | 8.68% | 25.9% | 2.21% | 11.22% | 31.99% |
| Announcement Date | 4/26/19 | 4/28/20 | 4/28/21 | 4/28/22 | 4/28/23 | 4/29/24 |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| -32.06% | 262M | |
| -8.00% | 9.22B | |
| +16.81% | 4.61B | |
| +2.77% | 4.11B | |
| +32.30% | 2.91B | |
| +67.94% | 2.24B | |
| -8.42% | 1.31B | |
| -0.89% | 695M | |
| +100.12% | 597M | |
| +39.64% | 561M |
- Stock Market
- Equities
- 603789 Stock
- Financials Thinker Agricultural Machinery Co., Ltd.
