Financials Wuhan Jingce Electronic Group Co.,Ltd

Equities

300567

CNE100002DN8

Industrial Machinery & Equipment

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
62.31 CNY -0.46% Intraday chart for Wuhan Jingce Electronic Group Co.,Ltd +9.72% -28.89%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 13,458 13,553 20,146 13,674 24,113 17,079 - -
Enterprise Value (EV) 1 14,037 13,786 19,906 14,618 25,254 17,782 16,531 17,079
P/E ratio 51.3 x 56.6 x 95.3 x 48.7 x 159 x 72.5 x 32 x 40.8 x
Yield 0.55% 0.55% 0.41% 0.6% 0.23% 0.37% 1% -
Capitalization / Revenue 6.9 x 6.53 x 8.36 x 5.01 x 9.93 x 5.91 x 3.79 x 4.07 x
EV / Revenue 7.2 x 6.64 x 8.26 x 5.35 x 10.4 x 6.15 x 3.67 x 4.07 x
EV / EBITDA 37.4 x 38.1 x 68.2 x 41.3 x 92.6 x 28.2 x 18.9 x 17.3 x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 9.29 x 7.99 x 6.18 x 4.4 x 7.17 x 4.63 x 4.12 x 4.04 x
Nbr of stocks (in thousands) 245,401 246,683 278,144 272,394 275,202 274,099 - -
Reference price 2 54.84 54.94 72.43 50.20 87.62 62.60 62.60 62.60
Announcement Date 2/27/20 4/26/21 4/25/22 4/23/23 4/22/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,951 2,077 2,409 2,731 2,429 2,892 4,501 4,192
EBITDA 1 374.9 362.2 291.8 354.3 272.6 631.3 876.1 984.6
EBIT 1 309.5 250.2 176.2 249.3 129.1 251 528.5 415.6
Operating Margin 15.87% 12.05% 7.31% 9.13% 5.31% 8.68% 11.74% 9.92%
Earnings before Tax (EBT) 1 309.2 249.9 172.4 244.1 127 235.4 568 411.3
Net income 1 269.7 243.2 192.3 271.8 150.1 239.9 543.1 427.2
Net margin 13.83% 11.71% 7.98% 9.95% 6.18% 8.3% 12.07% 10.19%
EPS 2 1.070 0.9700 0.7600 1.030 0.5500 0.8630 1.958 1.535
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 0.3000 0.3000 0.3000 0.3000 0.2000 0.2307 0.6255 -
Announcement Date 2/27/20 4/26/21 4/25/22 4/23/23 4/22/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 - 640.9 603.9 501.5 715 910.2 601.5 508.9 434.4 884.5 418 900.4 897.4 -
EBITDA - - - - - - - - - - - - - -
EBIT - 2.956 32.98 -15.92 117.2 115.1 7.363 - - 162.8 -38.17 - - -
Operating Margin - 0.46% 5.46% -3.17% 16.39% 12.65% 1.22% - - 18.41% -9.13% - - -
Earnings before Tax (EBT) - - - - - - - - - - - - - -
Net income 48.27 - - - - - - - - - - - - -
Net margin - - - - - - - - - - - - - -
EPS 2 0.1900 0.0400 0.1200 0.0100 0.4300 0.4700 0.0500 0.0200 -0.0900 0.6000 -0.0600 0.3300 0.4450 0.6400
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 8/26/20 4/25/22 4/25/22 8/26/22 10/26/22 4/23/23 4/23/23 8/28/23 10/24/23 4/22/24 4/22/24 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 579 234 - 944 1,141 703 - -
Net Cash position 1 - - 240 - - - 548 -
Leverage (Debt/EBITDA) 1.546 x 0.645 x - 2.665 x 4.185 x 1.113 x - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 21.4% 15.2% 6.92% 8.07% 4.27% 6.56% 12.6% 9.73%
ROA (Net income/ Total Assets) 7.85% - 3.49% 4.02% - 4.95% 5.95% -
Assets 1 3,435 - 5,516 6,761 - 4,846 9,127 -
Book Value Per Share 2 5.900 6.880 11.70 11.40 12.20 13.50 15.20 15.50
Cash Flow per Share 2 -0.4700 1.810 -0.6500 -0.0300 -0.1100 2.500 1.260 2.660
Capex 1 489 361 615 825 515 598 550 959
Capex / Sales 25.06% 17.4% 25.54% 30.23% 21.19% 20.68% 12.21% 22.87%
Announcement Date 2/27/20 4/26/21 4/25/22 4/23/23 4/22/24 - - -
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
OUTPERFORM
Number of Analysts
9
Last Close Price
62.31 CNY
Average target price
95.55 CNY
Spread / Average Target
+53.35%
Consensus
  1. Stock Market
  2. Equities
  3. 300567 Stock
  4. Financials Wuhan Jingce Electronic Group Co.,Ltd