Financials Wuhan Hiteck Biological Pharma Co.,Ltd

Equities

300683

CNE1000034C5

Pharmaceuticals

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
23.82 CNY +1.49% Intraday chart for Wuhan Hiteck Biological Pharma Co.,Ltd +9.42% -34.03%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,816 3,110 4,225 7,273 4,322 4,727
Enterprise Value (EV) 1 1,553 1,935 3,232 6,173 3,369 3,704
P/E ratio 29.9 x 49.3 x -170 x 229 x -322 x -38.8 x
Yield 0.73% 0.53% - - - -
Capitalization / Revenue 4.77 x 5.01 x 8.06 x 11.8 x 6.28 x 7.85 x
EV / Revenue 2.63 x 3.12 x 6.17 x 10 x 4.89 x 6.15 x
EV / EBITDA 12.1 x 26.5 x -473 x 285 x 201 x -98.4 x
EV / FCF 6.43 x 2.3 x -19.5 x -14.3 x -27.6 x -45.5 x
FCF Yield 15.6% 43.4% -5.14% -6.98% -3.62% -2.2%
Price to Book 1.66 x 1.77 x 2.47 x 3.13 x 1.87 x 2.07 x
Nbr of stocks (in thousands) 103,355 103,355 103,355 122,104 122,104 130,894
Reference price 2 27.25 30.09 40.88 59.56 35.40 36.11
Announcement Date 4/19/19 4/27/20 4/22/21 4/22/22 4/24/23 4/21/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 590.9 620.2 524.1 614.7 688.6 602.3
EBITDA 1 128.1 73.05 -6.832 21.69 16.74 -37.65
EBIT 1 114.4 50.14 -35.25 -13.2 -33.66 -106.3
Operating Margin 19.36% 8.09% -6.73% -2.15% -4.89% -17.66%
Earnings before Tax (EBT) 1 105.1 72.61 -37.37 20.46 -7.824 -152
Net income 1 94.14 63.04 -25.03 27.65 -14.03 -120.8
Net margin 15.93% 10.16% -4.77% 4.5% -2.04% -20.06%
EPS 2 0.9100 0.6100 -0.2400 0.2600 -0.1100 -0.9300
Free Cash Flow 1 241.6 839.4 -166 -431 -122.1 -81.37
FCF margin 40.88% 135.35% -31.67% -70.11% -17.73% -13.51%
FCF Conversion (EBITDA) 188.59% 1,149.03% - - - -
FCF Conversion (Net income) 256.62% 1,331.66% - - - -
Dividend per Share 2 0.2000 0.1600 - - - -
Announcement Date 4/19/19 4/27/20 4/22/21 4/22/22 4/24/23 4/21/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 1,264 1,175 993 1,100 954 1,023
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 242 839 -166 -431 -122 -81.4
ROE (net income / shareholders' equity) 5.46% 3.53% -1.47% 1.48% -0.34% -5.31%
ROA (Net income/ Total Assets) 3.52% 1.45% -1.01% -0.34% -0.78% -2.34%
Assets 1 2,675 4,350 2,478 -8,187 1,802 5,161
Book Value Per Share 2 16.40 17.00 16.50 19.00 18.90 17.50
Cash Flow per Share 2 2.970 6.730 4.460 1.510 6.130 3.590
Capex 1 38.7 116 114 247 174 167
Capex / Sales 6.54% 18.73% 21.68% 40.2% 25.26% 27.8%
Announcement Date 4/19/19 4/27/20 4/22/21 4/22/22 4/24/23 4/21/24
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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