Financials Wuxi Lead Intelligent Equipment CO.,LTD.

Equities

300450

CNE100001ZF9

Industrial Machinery & Equipment

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
21.8 CNY +1.68% Intraday chart for Wuxi Lead Intelligent Equipment CO.,LTD. -4.34% -14.84%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 39,612 76,206 116,299 63,038 39,952 33,897 - -
Enterprise Value (EV) 1 38,779 73,816 113,607 56,976 36,598 21,487 18,507 33,897
P/E ratio 51.8 x 96.6 x 58 x 27.2 x 22.6 x 9.86 x 7.11 x 7.75 x
Yield 0.36% 0.36% 0.67% 1.33% 1.34% 3.37% 3.82% 4.93%
Capitalization / Revenue 8.46 x 13 x 11.6 x 4.52 x 2.4 x 1.85 x 1.27 x 1.43 x
EV / Revenue 8.28 x 12.6 x 11.3 x 4.09 x 2.2 x 1.18 x 0.7 x 1.43 x
EV / EBITDA 40.7 x 81.9 x 62.7 x 20.2 x 16.9 x 4.69 x 3.48 x 7.26 x
EV / FCF 118 x 79.6 x 136 x 80.9 x -25.9 x 3.36 x 3.63 x -
FCF Yield 0.85% 1.26% 0.74% 1.24% -3.86% 29.7% 27.6% -
Price to Book 9.25 x 13.6 x 12.3 x 5.67 x 3.38 x 2.3 x 1.66 x 1.69 x
Nbr of stocks (in thousands) 1,410,314 1,451,716 1,563,794 1,566,163 1,560,613 1,554,890 - -
Reference price 2 28.09 52.49 74.37 40.25 25.60 21.80 21.80 21.80
Announcement Date 2/28/20 4/22/21 4/24/22 4/25/23 4/24/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 4,684 5,858 10,037 13,932 16,628 18,277 26,603 23,655
EBITDA 1 953.2 901.6 1,811 2,821 2,160 4,577 5,316 4,666
EBIT 1 884.2 810.9 1,690 2,520 1,883 4,408 5,015 4,336
Operating Margin 18.88% 13.84% 16.84% 18.09% 11.32% 24.12% 18.85% 18.33%
Earnings before Tax (EBT) 1 835.5 838.6 1,705 2,541 1,911 4,346 4,925 3,468
Net income 1 765.6 767.5 1,585 2,318 1,775 3,464 4,688 4,403
Net margin 16.34% 13.1% 15.79% 16.63% 10.67% 18.95% 17.62% 18.61%
EPS 2 0.5426 0.5433 1.282 1.481 1.132 2.212 3.066 2.811
Free Cash Flow 1 327.8 927.7 837.2 704.2 -1,414 6,389 5,104 -
FCF margin 7% 15.83% 8.34% 5.05% -8.51% 34.96% 19.19% -
FCF Conversion (EBITDA) 34.39% 102.89% 46.22% 24.96% - 139.58% 96.02% -
FCF Conversion (Net income) 42.81% 120.87% 52.83% 30.39% - 184.43% 108.88% -
Dividend per Share 2 0.1019 0.1875 0.5000 0.5370 0.3430 0.7340 0.8321 1.074
Announcement Date 2/28/20 4/22/21 4/24/22 4/25/23 4/24/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 Q4 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 - 4,089 2,926 2,523 - 4,551 3,932 3,274 3,812 6,101 3,442 3,311 4,482 7,251 4,638 3,789 5,176
EBITDA 1 - 586.7 423.6 518.8 - 929.3 842.3 - - - - - 1,066 1,898 648.8 612.8 1,209
EBIT 1 - 619.8 407.3 545.9 - 889.8 677.4 637.7 663.4 1,265 -683.9 622.7 1,006 1,838 597.6 539 1,144
Operating Margin - 15.16% 13.92% 21.64% - 19.55% 17.23% 19.48% 17.4% 20.74% -19.87% 18.81% 22.45% 25.34% 12.88% 14.23% 22.1%
Earnings before Tax (EBT) - - - - - - - - - - - - - - - - -
Net income 1 228.1 580.9 346.4 466.1 812.4 852.8 652.4 563.3 - 1,123 -549 564.5 722.7 1,613 660.1 781.5 806.1
Net margin - 14.21% 11.84% 18.47% - 18.74% 16.59% 17.21% - 18.41% -15.95% 17.05% 16.13% 22.24% 14.23% 20.63% 15.57%
EPS 2 0.1617 0.6100 0.2212 0.3000 - 0.5400 0.4160 0.3596 0.4100 0.7171 -0.3500 0.3596 0.4372 0.9499 0.3907 0.4990 0.5147
Dividend per Share 2 - 0.5000 - - - - 0.5370 - - - - - - - 0.9071 - -
Announcement Date 8/17/20 4/24/22 4/24/22 8/25/22 8/25/22 10/27/22 4/25/23 4/25/23 8/25/23 10/23/23 4/24/24 4/24/24 - - - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 833 2,390 2,693 6,062 3,354 12,409 15,390 -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 328 928 837 704 -1,414 6,389 5,105 -
ROE (net income / shareholders' equity) 19.8% 16.6% 21% 22.6% 15.3% 24.9% 24.3% 22.4%
ROA (Net income/ Total Assets) 8.53% 6.92% 8.64% - - 9% 8.65% -
Assets 1 8,971 11,090 18,331 - - 38,484 54,176 -
Book Value Per Share 2 3.040 3.870 6.060 7.100 7.570 9.500 13.10 12.90
Cash Flow per Share 2 0.3800 0.9300 0.8600 1.080 -0.5500 1.180 4.360 -
Capex 1 213 425 507 987 552 365 399 343
Capex / Sales 4.55% 7.26% 5.05% 7.08% 3.32% 2% 1.5% 1.45%
Announcement Date 2/28/20 4/22/21 4/24/22 4/25/23 4/24/24 - - -
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
17
Last Close Price
21.8 CNY
Average target price
32.86 CNY
Spread / Average Target
+50.75%
Consensus
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  4. Financials Wuxi Lead Intelligent Equipment CO.,LTD.