Financials Yuneng Technology Co., Ltd.

Equities

688348

CNE100005QK9

Semiconductors

End-of-day quote Shanghai S.E. 06:00:00 2024-05-13 pm EDT 5-day change 1st Jan Change
73.1 CNY -2.53% Intraday chart for Yuneng Technology Co., Ltd. +1.01% -40.27%

Valuation

Fiscal Period: December 2022 2023 2024 2025 2026
Capitalization 1 45,480 13,707 8,092 - -
Enterprise Value (EV) 1 43,906 13,456 6,586 6,697 6,662
P/E ratio 110 x 62.4 x 25.1 x 20.4 x 17.3 x
Yield 0.39% 0.82% 1.81% 2.28% 2.87%
Capitalization / Revenue 34 x 9.65 x 3.81 x 2.98 x 2.4 x
EV / Revenue 32.8 x 9.48 x 3.1 x 2.47 x 1.97 x
EV / EBITDA 126 x 56 x 22.7 x 17.7 x 14.7 x
EV / FCF - - - - -
FCF Yield - - - - -
Price to Book 12.2 x 3.73 x 2.1 x 1.98 x 1.85 x
Nbr of stocks (in thousands) 112,000 112,000 110,694 - -
Reference price 2 406.1 122.4 73.10 73.10 73.10
Announcement Date 2/27/23 2/26/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Net sales 1 - 1,338 1,420 2,124 2,713 3,374
EBITDA 1 - 347.9 240.2 290.4 378.9 454.7
EBIT 1 - 423 226.3 275.4 375.8 436.7
Operating Margin - 31.6% 15.94% 12.96% 13.85% 12.94%
Earnings before Tax (EBT) 1 - 422.7 224 334.5 426.2 511.8
Net income 1 102.9 360.5 220.2 326.4 401.9 473.4
Net margin - 26.94% 15.51% 15.37% 14.81% 14.03%
EPS 2 1.229 3.679 1.960 2.911 3.586 4.229
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 - 1.571 1.000 1.320 1.667 2.095
Announcement Date 5/18/22 2/27/23 2/26/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 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 1 430.4 410.5 - 222.3 310.4 451.6 427.7 446.3 624.8 732.6 - -
EBITDA 1 127.6 - - - - - - 52.16 69.98 67.58 - -
EBIT 1 155 119.6 - -3.773 48.04 18.15 59 44.56 62.38 59.98 - -
Operating Margin 36.01% 29.14% - -1.7% 15.47% 4.02% 13.79% 9.98% 9.98% 8.19% - -
Earnings before Tax (EBT) 1 - - - - 47.9 16 57.95 68.89 96.45 121.2 - -
Net income 1 - - 117.6 - 46.19 39.84 39.93 66.36 92.9 132.6 - -
Net margin - - - - 14.88% 8.82% 9.34% 14.87% 14.87% 18.1% - -
EPS 2 1.107 0.9714 1.050 - 0.4100 0.3500 0.3600 0.5925 0.8295 1.184 - -
Dividend per Share 2 - - - - - - - - - 1.489 - -
Announcement Date 10/30/22 2/27/23 4/25/23 8/30/23 10/27/23 2/26/24 4/29/24 - - - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - -
Net Cash position 1 - 1,574 250 1,506 1,395 1,430
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) - 18% 5.89% 8.63% 9.93% 10.9%
ROA (Net income/ Total Assets) - - - 6.5% 7.45% 8.2%
Assets 1 - - - 5,022 5,394 5,773
Book Value Per Share 2 - 33.20 32.80 34.70 37.00 39.50
Cash Flow per Share 2 - -2.890 -7.700 7.240 3.650 -
Capex 1 - 39.4 74.9 62.6 46.9 68.1
Capex / Sales - 2.95% 5.27% 2.95% 1.73% 2.02%
Announcement Date 5/18/22 2/27/23 2/26/24 - - -
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
HOLD
Number of Analysts
3
Last Close Price
73.1 CNY
Average target price
77.67 CNY
Spread / Average Target
+6.25%
Consensus
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  4. Financials Yuneng Technology Co., Ltd.
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