Financials Wanma Technology Co., Ltd.

Equities

300698

CNE1000034S1

Communications & Networking

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
30.5 CNY -0.42% Intraday chart for Wanma Technology Co., Ltd. +7.58% -16.44%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,443 2,179 2,212 3,647 3,173 4,891
Enterprise Value (EV) 1 2,301 2,093 2,144 3,601 3,115 4,823
P/E ratio 608 x 542 x -206 x 907 x 103 x 76 x
Yield - - - - - -
Capitalization / Revenue 8.18 x 4.64 x 4.59 x 7.32 x 6.24 x 9.39 x
EV / Revenue 7.71 x 4.46 x 4.45 x 7.23 x 6.12 x 9.26 x
EV / EBITDA 375 x 99.5 x 8,362 x 216 x 61.7 x 59 x
EV / FCF 5,141 x -20.6 x -294 x 97.7 x 36.8 x 116 x
FCF Yield 0.02% -4.86% -0.34% 1.02% 2.71% 0.86%
Price to Book 6.42 x 5.67 x 5.91 x 9.63 x 7.75 x 10.4 x
Nbr of stocks (in thousands) 134,000 134,000 134,000 134,000 134,000 134,000
Reference price 2 18.23 16.26 16.51 27.22 23.68 36.50
Announcement Date 4/24/19 5/19/20 4/25/21 4/22/22 4/26/23 3/29/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 298.5 469.1 482 498.2 508.7 520.7
EBITDA 1 6.142 21.03 0.2564 16.67 50.45 81.72
EBIT 1 -1.206 13.11 -7.679 5.454 38.24 69.86
Operating Margin -0.4% 2.79% -1.59% 1.09% 7.52% 13.42%
Earnings before Tax (EBT) 1 4.477 11.16 -8.181 4.386 35.19 72.89
Net income 1 4.286 3.943 -10.61 4.06 30.75 64.46
Net margin 1.44% 0.84% -2.2% 0.81% 6.04% 12.38%
EPS 2 0.0300 0.0300 -0.0800 0.0300 0.2300 0.4800
Free Cash Flow 1 0.4477 -101.7 -7.299 36.84 84.56 41.57
FCF margin 0.15% -21.68% -1.51% 7.39% 16.62% 7.98%
FCF Conversion (EBITDA) 7.29% - - 221.04% 167.63% 50.86%
FCF Conversion (Net income) 10.44% - - 907.43% 275.02% 64.49%
Dividend per Share - - - - - -
Announcement Date 4/24/19 5/19/20 4/25/21 4/22/22 4/26/23 3/29/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 142 85.5 68.3 46.8 58.2 68.4
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 0.45 -102 -7.3 36.8 84.6 41.6
ROE (net income / shareholders' equity) 1.13% 2.67% -1.45% 0.66% 6.43% 14.5%
ROA (Net income/ Total Assets) -0.13% 1.16% -0.62% 0.4% 2.72% 5.09%
Assets 1 -3,421 339.8 1,699 1,011 1,129 1,266
Book Value Per Share 2 2.840 2.870 2.800 2.830 3.060 3.520
Cash Flow per Share 2 0.3500 0.5800 0.7800 1.020 0.7200 1.160
Capex 1 12 4.28 2.74 6.58 3.16 39.2
Capex / Sales 4% 0.91% 0.57% 1.32% 0.62% 7.54%
Announcement Date 4/24/19 5/19/20 4/25/21 4/22/22 4/26/23 3/29/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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