YONYOU NETWORK TECHNOLOGY CO.,LTD. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 11.75 CNY | +2.44% |
|
+8.10% | -33.95% |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 71,111 | 143,475 | 117,357 | 82,991 | 60,815 | 40,168 | - | - |
| Enterprise Value (EV) 1 | 68,334 | 140,290 | 115,933 | 79,124 | 58,921 | 37,774 | 37,679 | 38,273 |
| P/E ratio | 59.2 x | 146 x | 163 x | 403 x | -61.3 x | 143 x | 54 x | 36 x |
| Yield | 0.92% | 0.46% | 0.28% | 0.25% | - | 0.46% | 0.96% | 0.83% |
| Capitalization / Revenue | 8.36 x | 16.8 x | 13.1 x | 8.96 x | 6.21 x | 3.49 x | 2.98 x | 2.71 x |
| EV / Revenue | 8.03 x | 16.5 x | 13 x | 8.54 x | 6.01 x | 3.29 x | 2.8 x | 2.58 x |
| EV / EBITDA | 39.3 x | 95 x | 92.6 x | 95.3 x | -1,293 x | 28.7 x | 21.3 x | 17.6 x |
| EV / FCF | 55.2 x | 135 x | 382 x | -62.4 x | -31.4 x | -184 x | 71.5 x | 38.1 x |
| FCF Yield | 1.81% | 0.74% | 0.26% | -1.6% | -3.19% | -0.54% | 1.4% | 2.62% |
| Price to Book | 9.93 x | 19 x | 16.8 x | 7.24 x | 5.99 x | 3.64 x | 3.52 x | 3.68 x |
| Nbr of stocks (in thousands) | 3,255,071 | 3,270,449 | 3,270,821 | 3,433,634 | 3,418,521 | 3,418,521 | - | - |
| Reference price 2 | 21.85 | 43.87 | 35.88 | 24.17 | 17.79 | 11.75 | 11.75 | 11.75 |
| Announcement Date | 3/27/20 | 3/26/21 | 3/18/22 | 3/24/23 | 3/29/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 8,510 | 8,525 | 8,932 | 9,262 | 9,796 | 11,494 | 13,467 | 14,849 |
| EBITDA 1 | 1,739 | 1,477 | 1,252 | 830.3 | -45.55 | 1,318 | 1,770 | 2,178 |
| EBIT 1 | 1,405 | 1,121 | 778.7 | 251.2 | -900.1 | 336.2 | 899.5 | 1,187 |
| Operating Margin | 16.51% | 13.15% | 8.72% | 2.71% | -9.19% | 2.92% | 6.68% | 7.99% |
| Earnings before Tax (EBT) 1 | 1,404 | 1,126 | 774 | 246.8 | -910 | 332.2 | 820 | 1,240 |
| Net income 1 | 1,183 | 988.6 | 707.8 | 219.2 | -967.2 | 267.9 | 728.7 | 1,085 |
| Net margin | 13.9% | 11.6% | 7.92% | 2.37% | -9.87% | 2.33% | 5.41% | 7.3% |
| EPS 2 | 0.3692 | 0.3000 | 0.2200 | 0.0600 | -0.2900 | 0.0820 | 0.2175 | 0.3268 |
| Free Cash Flow 1 | 1,237 | 1,038 | 303.7 | -1,268 | -1,879 | -205.7 | 526.7 | 1,004 |
| FCF margin | 14.54% | 12.18% | 3.4% | -13.69% | -19.18% | -1.79% | 3.91% | 6.76% |
| FCF Conversion (EBITDA) | 71.13% | 70.3% | 24.26% | - | - | - | 29.76% | 46.08% |
| FCF Conversion (Net income) | 104.57% | 105.04% | 42.92% | - | - | - | 72.27% | 92.54% |
| Dividend per Share 2 | 0.2000 | 0.2000 | 0.1000 | 0.0600 | - | 0.0540 | 0.1129 | 0.0971 |
| Announcement Date | 3/27/20 | 3/26/21 | 3/18/22 | 3/24/23 | 3/29/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2019 S2 | 2020 S1 | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 S1 | 2022 Q3 | 2022 Q4 | 2022 S2 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 5,197 | 2,950 | 1,756 | 3,999 | 1,279 | 2,258 | 3,537 | 2,059 | 3,666 | 5,725 | 1,475 | 1,895 | 2,338 | 4,088 | 1,749 | 2,008 | 2,502 | 4,348 | 1,208 |
| EBITDA 1 | - | 123 | - | 877.3 | - | 166.5 | - | -251.8 | - | - | - | - | - | - | -601.8 | -117.1 | 223.6 | 1,390 | - |
| EBIT 1 | 810.2 | 28.81 | - | 747.2 | -424.3 | 108.5 | -315.8 | -285.8 | 852.8 | - | -416.4 | -465.8 | -204.4 | 186.5 | -468.2 | 49.21 | 62.24 | 864.8 | -763.7 |
| Operating Margin | 15.59% | 0.98% | - | 18.68% | -33.17% | 4.8% | -8.93% | -13.89% | 23.26% | - | -28.24% | -24.58% | -8.74% | 4.56% | -26.77% | 2.45% | 2.49% | 19.89% | -63.2% |
| Earnings before Tax (EBT) 1 | 808.3 | 31.94 | -112.2 | 737.1 | - | 109.5 | -314.5 | -284.9 | 846.2 | - | -416.7 | - | -204.5 | 176.7 | -467.8 | -248.3 | -63.06 | 804.9 | -676.8 |
| Net income 1 | 700.6 | 25.6 | -88.11 | 580.8 | -393.2 | 137.4 | -255.8 | -283.7 | 758.7 | - | -396.8 | -448.3 | -185.3 | 63.23 | -453 | -249.6 | -64.4 | 787.5 | -650.2 |
| Net margin | 13.48% | 0.87% | -5.02% | 14.52% | -30.74% | 6.09% | -7.23% | -13.78% | 20.69% | - | -26.91% | -23.66% | -7.92% | 1.55% | -25.9% | -12.43% | -2.57% | 18.11% | -53.81% |
| EPS 2 | - | - | -0.0300 | 0.1800 | -0.1200 | 0.0400 | - | -0.0800 | 0.2200 | - | -0.1200 | -0.1300 | -0.0600 | 0.0200 | -0.1400 | 0.0200 | 0.0200 | 0.2497 | -0.1894 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 3/27/20 | 8/28/20 | 10/29/21 | 3/18/22 | 4/29/22 | 8/19/22 | 8/19/22 | 10/27/22 | 3/24/23 | 3/24/23 | 4/28/23 | 8/17/23 | 10/27/23 | 3/29/24 | 4/26/24 | - | - | - | - |
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 | 2,777 | 3,184 | 1,424 | 3,867 | 1,895 | 2,394 | 2,489 | 1,895 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | 1,237 | 1,038 | 304 | -1,268 | -1,879 | -206 | 527 | 1,004 |
| ROE (net income / shareholders' equity) | 18.4% | 14.9% | 9.74% | 2% | -9.19% | 2.77% | 5.61% | 8.23% |
| ROA (Net income/ Total Assets) | 7.22% | 5.73% | 4.13% | 2.86% | - | 0.92% | 2.69% | 2.96% |
| Assets 1 | 16,380 | 17,244 | 17,150 | 7,651 | - | 29,135 | 27,127 | 36,618 |
| Book Value Per Share 2 | 2.200 | 2.310 | 2.140 | 3.340 | 2.970 | 3.230 | 3.340 | 3.190 |
| Cash Flow per Share 2 | 0.4800 | 0.4900 | 0.4000 | 0.0800 | -0.0300 | 0.2700 | 0.4900 | 0.4600 |
| Capex 1 | 296 | 575 | 1,000 | 1,554 | 1,788 | 1,229 | 1,304 | 1,175 |
| Capex / Sales | 3.48% | 6.74% | 11.19% | 16.78% | 18.25% | 10.69% | 9.68% | 7.91% |
| Announcement Date | 3/27/20 | 3/26/21 | 3/18/22 | 3/24/23 | 3/29/24 | - | - | - |
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
B-
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
26
Last Close Price
11.75
CNY
Average target price
15.49
CNY
Spread / Average Target
+31.80%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -33.95% | 5.54B | |
| +11.17% | 322B | |
| +24.75% | 216B | |
| +2.41% | 149B | |
| +10.65% | 56.27B | |
| +8.71% | 32.13B | |
| -4.57% | 27.45B | |
| +103.03% | 22.62B | |
| +20.22% | 19.55B | |
| +13.06% | 14.69B |
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