Financials Winning Health Technology Group Co., Ltd.

Equities

300253

CNE1000016F5

IT Services & Consulting

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
6.94 CNY +2.51% Intraday chart for Winning Health Technology Group Co., Ltd. +7.60% -3.48%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 24,584 37,343 35,967 21,932 15,340 14,884 - -
Enterprise Value (EV) 1 24,094 36,569 35,293 21,693 15,323 14,844 14,801 14,595
P/E ratio 61.1 x 76.2 x 95.2 x 203 x 44.1 x 28 x 20.6 x 17.5 x
Yield 0.17% 0.14% 0.12% 0.1% 0.28% 0.43% 0.5% 0.72%
Capitalization / Revenue 12.9 x 16.5 x 13.1 x 7.09 x 4.85 x 3.85 x 3.23 x 3.02 x
EV / Revenue 12.6 x 16.1 x 12.8 x 7.01 x 4.84 x 3.84 x 3.21 x 2.96 x
EV / EBITDA 51.7 x 59.3 x 75.8 x 147 x 30.3 x 21.4 x 16.7 x 14.2 x
EV / FCF 576,149,507 x 179,824,589 x 429,490,677 x -97,322,918 x - - - -
FCF Yield 0% 0% 0% -0% - - - -
Price to Book 6.59 x 8.28 x 7.2 x 4.41 x 2.77 x 2.42 x 2.2 x 1.96 x
Nbr of stocks (in thousands) 2,133,437 2,133,857 2,145,993 2,133,473 2,133,481 2,144,667 - -
Reference price 2 11.52 17.50 16.76 10.28 7.190 6.940 6.940 6.940
Announcement Date 2/28/20 4/20/21 4/22/22 4/18/23 4/18/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,908 2,267 2,750 3,093 3,163 3,870 4,607 4,925
EBITDA 1 465.6 616.4 465.6 147.7 505.9 693.8 888.8 1,025
EBIT 1 412.5 551.7 374.7 39.5 341.4 558.1 739.2 850.5
Operating Margin 21.62% 24.34% 13.62% 1.28% 10.79% 14.42% 16.05% 17.27%
Earnings before Tax (EBT) 1 412.6 546.2 373.2 38.54 340.7 584.7 766.2 884.4
Net income 1 398.4 491.1 378.2 108.4 358 535.3 724.1 853.3
Net margin 20.88% 21.67% 13.75% 3.51% 11.32% 13.83% 15.72% 17.33%
EPS 2 0.1885 0.2297 0.1761 0.0506 0.1631 0.2475 0.3367 0.3967
Free Cash Flow 41.82 203.4 82.17 -222.9 - - - -
FCF margin 2.19% 8.97% 2.99% -7.21% - - - -
FCF Conversion (EBITDA) 8.98% 32.99% 17.65% - - - - -
FCF Conversion (Net income) 10.5% 41.41% 21.73% - - - - -
Dividend per Share 2 0.0192 0.0250 0.0200 0.0100 0.0200 0.0300 0.0350 0.0500
Announcement Date 2/28/20 4/20/21 4/22/22 4/18/23 4/18/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3
Net sales 1 987.2 445.5 650.4 1,096 775 1,222 449.2 742.7 709.1
EBITDA - - - - - - - - -
EBIT 1 - - - - 37.37 -24.8 -108.1 54.66 124.8
Operating Margin - - - - 4.82% -2.03% -24.06% 7.36% 17.59%
Earnings before Tax (EBT) - - - - - - - - -
Net income 118.5 31.76 35.13 66.9 - - - - -
Net margin 12% 7.13% 5.4% 6.1% - - - - -
EPS 2 - - - - 0.0400 -0.0200 -0.0296 0.0400 0.0600
Dividend per Share - - - - - - - - -
Announcement Date 4/22/22 4/22/22 8/26/22 8/26/22 10/26/22 4/18/23 4/24/23 8/17/23 10/25/23
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 489 774 674 239 17 40.4 82.5 289
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 41.8 203 82.2 -223 - - - -
ROE (net income / shareholders' equity) 11.7% 12.5% 7.45% 2.15% 6.65% 8.2% 10.3% 10.8%
ROA (Net income/ Total Assets) 8.52% 8.79% 5.58% 1.42% - 6.07% 6.93% 6.9%
Assets 1 4,678 5,588 6,777 7,659 - 8,824 10,444 12,366
Book Value Per Share 2 1.750 2.110 2.330 2.330 2.590 2.860 3.160 3.530
Cash Flow per Share 2 0.1100 0.1800 0.1700 0.0500 0.0900 0.2200 0.2500 0.3800
Capex 1 191 187 286 323 313 221 324 370
Capex / Sales 10.04% 8.23% 10.4% 10.45% 9.9% 5.71% 7.04% 7.52%
Announcement Date 2/28/20 4/20/21 4/22/22 4/18/23 4/18/24 - - -
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
OUTPERFORM
Number of Analysts
7
Last Close Price
6.94 CNY
Average target price
8.992 CNY
Spread / Average Target
+29.57%
Consensus
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