Financials Warom Technology Incorporated Company

Equities

603855

CNE100002X67

Electrical Components & Equipment

End-of-day quote Shanghai S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
23.24 CNY -0.04% Intraday chart for Warom Technology Incorporated Company -1.19% +16.43%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 3,241 5,442 8,366 7,644 6,605 7,690 - -
Enterprise Value (EV) 1 3,241 5,442 8,366 7,644 6,605 7,690 7,690 7,690
P/E ratio 17.2 x 20.7 x 22.4 x 22 x 14.7 x 14.4 x 12.1 x 10.2 x
Yield - 3.1% 3.96% 4.33% 5.01% 4.8% 6.15% 5.31%
Capitalization / Revenue 1.67 x 2.38 x 2.76 x 2.51 x 2.07 x 1.87 x 1.6 x 1.41 x
EV / Revenue 1.67 x 2.38 x 2.76 x 2.51 x 2.07 x 1.87 x 1.6 x 1.41 x
EV / EBITDA - - 20 x 17.6 x 11.8 x 11.9 x 9.92 x 8.56 x
EV / FCF - 23.6 x 20.5 x - - 68.7 x 12.7 x 10.1 x
FCF Yield - 4.24% 4.87% - - 1.46% 7.89% 9.91%
Price to Book - 3.36 x 4.86 x 4.34 x 3.47 x 3.57 x 3.06 x 2.67 x
Nbr of stocks (in thousands) 331,070 337,170 330,943 330,904 330,904 330,904 - -
Reference price 2 9.790 16.14 25.28 23.10 19.96 23.24 23.24 23.24
Announcement Date 4/27/20 4/28/21 4/28/22 4/26/23 3/28/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,943 2,283 3,027 3,043 3,197 4,108 4,809 5,455
EBITDA 1 - - 419 433.9 561.3 645.9 774.9 898.8
EBIT 1 - 290.2 419.1 376.1 503.4 607 718.9 856.6
Operating Margin - 12.71% 13.84% 12.36% 15.75% 14.77% 14.95% 15.7%
Earnings before Tax (EBT) 1 - 306.7 436.3 400.2 522.3 622.3 733.7 872
Net income 1 - 260.7 381.1 358.2 461.1 549.1 648.9 770.6
Net margin - 11.42% 12.59% 11.77% 14.42% 13.37% 13.49% 14.13%
EPS 2 0.5700 0.7800 1.130 1.050 1.360 1.615 1.921 2.282
Free Cash Flow 1 - 230.8 407.2 - - 112 607 762
FCF margin - 10.11% 13.45% - - 2.73% 12.62% 13.97%
FCF Conversion (EBITDA) - - 97.18% - - 17.34% 78.33% 84.78%
FCF Conversion (Net income) - 88.52% 106.84% - - 20.4% 93.54% 98.88%
Dividend per Share 2 - 0.5000 1.000 1.000 1.000 1.117 1.430 1.235
Announcement Date 4/27/20 4/28/21 4/28/22 4/26/23 3/28/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q1 2022 Q2 2022 S1
Net sales - - -
EBITDA - - -
EBIT - - -
Operating Margin - - -
Earnings before Tax (EBT) - - -
Net income 1 60.07 93.43 153.5
Net margin - - -
EPS 0.1800 - -
Dividend per Share - - -
Announcement Date 4/28/22 8/25/22 8/25/22
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 - 231 407 - - 112 607 762
ROE (net income / shareholders' equity) - 16.3% 22.9% 19.9% 24.7% 25% 25.7% 26.4%
ROA (Net income/ Total Assets) - 8.35% 10.1% 3.64% 10.4% 10.3% 11.2% 12.8%
Assets 1 - 3,123 3,759 9,839 4,420 5,331 5,782 6,044
Book Value Per Share 2 - 4.800 5.200 5.320 5.750 6.500 7.590 8.690
Cash Flow per Share 2 - 1.020 1.510 0.5400 1.860 1.800 1.540 4.710
Capex 1 - 113 102 56.9 77.2 58.6 64.1 56.7
Capex / Sales - 4.96% 3.35% 1.87% 2.41% 1.43% 1.33% 1.04%
Announcement Date 4/27/20 4/28/21 4/28/22 4/26/23 3/28/24 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
8
Last Close Price
23.24 CNY
Average target price
25.52 CNY
Spread / Average Target
+9.82%
Consensus

Annual profits - Rate of surprise

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