Financials Tianjin Jieqiang Power Equipment Co.,Ltd.

Equities

300875

CNE1000047L8

Industrial Machinery & Equipment

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
27.66 CNY -0.50% Intraday chart for Tianjin Jieqiang Power Equipment Co.,Ltd. -4.55% -5.24%

Valuation

Fiscal Period: December 2020 2021 2022 2023
Capitalization 1 7,075 4,815 3,019 2,914
Enterprise Value (EV) 1 6,186 4,016 2,547 2,495
P/E ratio 59.1 x 161 x -178 x -42.9 x
Yield 0.33% 0.48% - -
Capitalization / Revenue 26.4 x 24.3 x 12.6 x 9.94 x
EV / Revenue 23 x 20.3 x 10.6 x 8.51 x
EV / EBITDA 59.4 x 195 x -838 x -186 x
EV / FCF -44.2 x 49.3 x -8.67 x -32.3 x
FCF Yield -2.26% 2.03% -11.5% -3.1%
Price to Book 5.19 x 3.51 x 2.27 x 2.17 x
Nbr of stocks (in thousands) 99,835 99,835 99,835 99,835
Reference price 2 70.87 48.23 30.24 29.19
Announcement Date 4/15/21 4/21/22 4/25/23 4/25/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 170.3 245 268.5 198.2 239.9 293.2
EBITDA 1 74.02 108.2 104.2 20.57 -3.04 -13.4
EBIT 1 72.9 106.6 102.1 9.155 -19.06 -33.78
Operating Margin 42.8% 43.49% 38.04% 4.62% -7.95% -11.52%
Earnings before Tax (EBT) 1 72.98 112 115.2 33.38 -7.923 -70.04
Net income 1 61.89 95.13 100.1 30.99 -17.43 -67.9
Net margin 36.34% 38.82% 37.28% 15.64% -7.26% -23.16%
EPS 2 0.8846 1.269 1.200 0.3000 -0.1700 -0.6800
Free Cash Flow 1 -100.1 44.85 -140 81.4 -293.8 -77.29
FCF margin -58.78% 18.3% -52.14% 41.08% -122.46% -26.36%
FCF Conversion (EBITDA) - 41.45% - 395.78% - -
FCF Conversion (Net income) - 47.15% - 262.63% - -
Dividend per Share - - 0.2308 0.2308 - -
Announcement Date 5/31/19 8/3/20 4/15/21 4/21/22 4/25/23 4/25/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 35.6 97 889 799 472 420
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -100 44.9 -140 81.4 -294 -77.3
ROE (net income / shareholders' equity) 45% 32.7% 11.7% 2.77% -0.71% -5.03%
ROA (Net income/ Total Assets) 25.7% 18.1% 6.69% 0.37% -0.72% -1.31%
Assets 1 241.2 525.8 1,496 8,379 2,425 5,195
Book Value Per Share 2 3.230 4.500 13.70 13.70 13.30 13.50
Cash Flow per Share 2 0.4700 1.720 4.890 7.160 4.860 4.120
Capex 1 23.3 108 83.2 96.3 116 40
Capex / Sales 13.7% 44.21% 30.99% 48.62% 48.35% 13.65%
Announcement Date 5/31/19 8/3/20 4/15/21 4/21/22 4/25/23 4/25/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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