Financials Xiangyang BOYA Precision Industrial Equipments Co., Ltd

Equities

300971

CNE100004KG3

Industrial Machinery & Equipment

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
18.47 CNY +1.48% Intraday chart for Xiangyang BOYA Precision Industrial Equipments Co., Ltd +7.32% -25.82%

Valuation

Fiscal Period: December 2021 2022 2023
Capitalization 1 3,356 1,662 2,092
Enterprise Value (EV) 1 2,949 1,220 1,770
P/E ratio 36 x 26.7 x 31.5 x
Yield 1% 1.26% -
Capitalization / Revenue 8.55 x 4.01 x 4.89 x
EV / Revenue 7.51 x 2.94 x 4.14 x
EV / EBITDA 28.5 x 16.3 x 19.1 x
EV / FCF 75.1 x 12.5 x -54.7 x
FCF Yield 1.33% 7.97% -1.83%
Price to Book 3.74 x 1.79 x 2.17 x
Nbr of stocks (in thousands) 84,000 84,000 84,000
Reference price 2 39.95 19.79 24.90
Announcement Date 4/22/22 4/24/23 4/18/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 277.2 295.6 364.1 392.5 414.6 427.7
EBITDA 1 80.51 80.77 113.3 103.5 75.06 92.52
EBIT 1 63.04 62.53 95.09 82.2 53.66 67.73
Operating Margin 22.74% 21.15% 26.11% 20.94% 12.94% 15.84%
Earnings before Tax (EBT) 1 58.23 83.18 95.04 95.29 68.55 70.65
Net income 1 52.43 72.66 83.79 85.77 61.91 66.26
Net margin 18.92% 24.58% 23.01% 21.85% 14.93% 15.49%
EPS 2 0.8300 1.150 1.330 1.110 0.7400 0.7900
Free Cash Flow 1 -3.308 56.24 18.15 39.29 97.29 -32.39
FCF margin -1.19% 19.02% 4.98% 10.01% 23.47% -7.57%
FCF Conversion (EBITDA) - 69.63% 16.01% 37.94% 129.62% -
FCF Conversion (Net income) - 77.4% 21.66% 45.81% 157.14% -
Dividend per Share - 0.4000 0.4000 0.4000 0.2500 -
Announcement Date 4/4/19 7/9/20 4/27/21 4/22/22 4/24/23 4/18/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 17.4 54.4 59.3 407 442 321
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -3.31 56.2 18.1 39.3 97.3 -32.4
ROE (net income / shareholders' equity) 13.3% 17.4% 17.9% 12.1% 6.96% 6.73%
ROA (Net income/ Total Assets) 7.56% 6.49% 8.58% 5.47% 2.79% 3.32%
Assets 1 693.9 1,120 976.1 1,569 2,222 1,997
Book Value Per Share 2 6.340 6.940 7.920 10.70 11.10 11.50
Cash Flow per Share 2 0.7300 1.180 1.580 2.960 5.750 3.670
Capex 1 3.53 6.62 10.5 30.1 13.8 16.7
Capex / Sales 1.27% 2.24% 2.89% 7.66% 3.32% 3.9%
Announcement Date 4/4/19 7/9/20 4/27/21 4/22/22 4/24/23 4/18/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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