Financials Unigroup Guoxin Microelectronics Co., Ltd.

Equities

002049

CNE000001M14

Semiconductors

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
57.88 CNY -2.93% Intraday chart for Unigroup Guoxin Microelectronics Co., Ltd. -3.18% -14.19%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 30,851 81,198 136,534 111,995 56,875 48,806 - -
Enterprise Value (EV) 1 30,301 80,528 136,534 109,734 55,726 43,978 42,582 37,859
P/E ratio 76 x 101 x 69.9 x 42.7 x 22.6 x 14.5 x 10.7 x 9.88 x
Yield 0.13% 0.1% 0.14% - 1.01% 0.85% 1.06% 1.42%
Capitalization / Revenue 8.99 x 24.8 x 25.6 x 15.7 x 7.52 x 5.4 x 4.17 x 3.9 x
EV / Revenue 8.83 x 24.6 x 25.6 x 15.4 x 7.37 x 4.87 x 3.64 x 3.02 x
EV / EBITDA 51.3 x 70.8 x 58.8 x 34.3 x 19.2 x 13.7 x 10.8 x 7.87 x
EV / FCF - - - - 36.6 x 15.8 x 11.1 x -
FCF Yield - - - - 2.73% 6.31% 9% -
Price to Book 7.37 x 16.4 x 18.8 x 11.8 x 4.99 x 3.46 x 2.61 x 2.28 x
Nbr of stocks (in thousands) 849,544 849,544 849,544 849,608 843,223 843,225 - -
Reference price 2 36.31 95.58 160.7 131.8 67.45 57.88 57.88 57.88
Announcement Date 2/27/20 4/15/21 4/11/22 3/29/23 4/17/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 3,430 3,270 5,342 7,120 7,565 9,034 11,704 12,518
EBITDA 1 590.5 1,137 2,322 3,198 2,896 3,217 3,948 4,812
EBIT 1 457.7 940.3 2,141 2,882 2,720 3,363 4,688 5,418
Operating Margin 13.34% 28.75% 40.07% 40.48% 35.95% 37.23% 40.06% 43.28%
Earnings before Tax (EBT) 1 456.2 936.5 2,176 2,881 2,720 3,371 4,694 5,421
Net income 1 405.8 806.4 1,954 2,632 2,531 3,398 4,648 4,979
Net margin 11.83% 24.66% 36.57% 36.97% 33.45% 37.62% 39.71% 39.77%
EPS 2 0.4776 0.9492 2.300 3.090 2.989 4.000 5.430 5.860
Free Cash Flow 1 - - - - 1,522 2,776 3,831 -
FCF margin - - - - 20.12% 30.73% 32.73% -
FCF Conversion (EBITDA) - - - - 52.55% 86.3% 97.03% -
FCF Conversion (Net income) - - - - 60.15% 81.69% 82.42% -
Dividend per Share 2 0.0486 0.0964 0.2321 - 0.6800 0.4900 0.6133 0.8200
Announcement Date 2/27/20 4/15/21 4/11/22 3/29/23 4/17/24 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 550 670 - 2,261 1,149 4,828 6,223 10,947
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 - - - - 1,522 2,776 3,831 -
ROE (net income / shareholders' equity) 10.2% 17.7% 31.9% 31.1% 23.8% 22.6% 22.8% 21.7%
ROA (Net income/ Total Assets) - 11.5% 20.3% 17.2% - 13.3% 14.8% 16.1%
Assets 1 - 7,014 9,610 15,329 - 25,589 31,428 30,887
Book Value Per Share 2 4.930 5.840 8.530 11.20 13.50 16.70 22.10 25.40
Cash Flow per Share 2 0.3100 0.4900 1.400 2.030 2.090 2.250 2.630 3.230
Capex 1 513 550 415 306 250 287 332 308
Capex / Sales 14.95% 16.81% 7.77% 4.3% 3.3% 3.18% 2.83% 2.46%
Announcement Date 2/27/20 4/15/21 4/11/22 3/29/23 4/17/24 - - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
8
Last Close Price
57.88 CNY
Average target price
83.08 CNY
Spread / Average Target
+43.53%
Consensus

Annual profits - Rate of surprise

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