Financials Wangli Security & Surveillance Product Co., Ltd

Equities

605268

CNE100005436

Construction Supplies & Fixtures

End-of-day quote Shanghai S.E. 06:00:00 2024-04-28 pm EDT 5-day change 1st Jan Change
8.19 CNY +3.02% Intraday chart for Wangli Security & Surveillance Product Co., Ltd +8.48% -15.91%

Valuation

Fiscal Period: December 2021 2022 2023 2024 2025
Capitalization 1 5,594 3,902 4,281 3,600 -
Enterprise Value (EV) 1 5,594 3,902 4,281 3,600 3,600
P/E ratio 40.1 x -88 x 74.9 x 14.6 x 11.1 x
Yield - 2.27% - - -
Capitalization / Revenue 2.11 x 1.77 x 1.41 x 1.04 x 0.84 x
EV / Revenue 2.11 x 1.77 x 1.41 x 1.04 x 0.84 x
EV / EBITDA 23.5 x 149 x 25.9 x 9.73 x 7.74 x
EV / FCF - - - - -
FCF Yield - - - - -
Price to Book 3.24 x 2.36 x 2.64 x 1.74 x 1.51 x
Nbr of stocks (in thousands) 436,000 443,385 439,578 439,578 -
Reference price 2 12.83 8.800 9.740 8.190 8.190
Announcement Date 4/21/22 4/25/23 4/25/24 - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Net sales 1 2,112 2,645 2,203 3,044 3,463 4,261
EBITDA 1 - 238.3 26.14 165.1 369.9 465.2
EBIT 1 - 171.6 -58.19 66.68 301.8 402.4
Operating Margin - 6.49% -2.64% 2.19% 8.71% 9.44%
Earnings before Tax (EBT) 1 - 176 -51.85 66.1 305.7 407.4
Net income 1 - 137.5 -42.99 54.64 245.2 322.4
Net margin - 5.2% -1.95% 1.79% 7.08% 7.57%
EPS 2 0.6500 0.3200 -0.1000 0.1300 0.5600 0.7350
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - 0.2000 - - -
Announcement Date 3/10/21 4/21/22 4/25/23 4/25/24 - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Net Debt - - - - - -
Net Cash position - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) - 8.57% -2.54% 3.35% 11.8% 13.5%
ROA (Net income/ Total Assets) - - - - 5.4% 6.4%
Assets 1 - - - - 4,540 5,037
Book Value Per Share 2 - 3.960 3.730 3.690 4.710 5.440
Cash Flow per Share 2 - -0.2400 0.0200 0.6700 0.3500 1.190
Capex 1 - 469 175 211 31 27
Capex / Sales - 17.72% 7.96% 6.94% 0.9% 0.63%
Announcement Date 3/10/21 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

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
8.19 CNY
Average target price
12.73 CNY
Spread / Average Target
+55.43%
Consensus

Annual profits - Rate of surprise

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