Financials Zhejiang Asia-Pacific Mechanical & Electronic Co.,Ltd

Equities

002284

CNE100000FJ5

Auto, Truck & Motorcycle Parts

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
7.99 CNY +1.27% Intraday chart for Zhejiang Asia-Pacific Mechanical & Electronic Co.,Ltd +19.79% -8.89%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 3,135 3,747 5,016 7,679 5,223 6,482
Enterprise Value (EV) 1 2,844 3,169 4,519 6,819 3,409 5,446
P/E ratio 425 x -38.1 x 340 x 175 x 78.7 x 67.5 x
Yield - - - 0.96% - 1.14%
Capitalization / Revenue 0.8 x 1.18 x 1.72 x 2.12 x 1.39 x 1.67 x
EV / Revenue 0.73 x 1 x 1.55 x 1.88 x 0.91 x 1.41 x
EV / EBITDA 11.9 x 21.2 x 24 x 27.4 x 12.8 x 14.6 x
EV / FCF 15 x 3.05 x -29.3 x 22.1 x 3.73 x 70.1 x
FCF Yield 6.69% 32.7% -3.41% 4.52% 26.8% 1.43%
Price to Book 1.13 x 1.41 x 1.88 x 2.87 x 1.96 x 2.33 x
Nbr of stocks (in thousands) 737,582 737,597 737,622 737,682 737,688 739,100
Reference price 2 4.250 5.080 6.800 10.41 7.080 8.770
Announcement Date 4/26/19 4/28/20 4/22/21 4/19/22 4/17/23 4/17/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 3,904 3,183 2,921 3,631 3,750 3,874
EBITDA 1 238.3 149.8 188.4 249.2 265.6 374
EBIT 1 48.6 -61.08 -26.59 32.42 41.2 138.7
Operating Margin 1.24% -1.92% -0.91% 0.89% 1.1% 3.58%
Earnings before Tax (EBT) 1 19.87 -88.29 21.22 51.05 72.9 100.1
Net income 1 7.967 -98.29 16.36 43.9 67.92 96.95
Net margin 0.2% -3.09% 0.56% 1.21% 1.81% 2.5%
EPS 2 0.0100 -0.1333 0.0200 0.0595 0.0900 0.1300
Free Cash Flow 1 190.3 1,038 -154.1 308.2 912.8 77.63
FCF margin 4.87% 32.6% -5.27% 8.49% 24.34% 2%
FCF Conversion (EBITDA) 79.83% 692.72% - 123.7% 343.65% 20.75%
FCF Conversion (Net income) 2,388.19% - - 702.03% 1,343.93% 80.07%
Dividend per Share - - - 0.1000 - 0.1000
Announcement Date 4/26/19 4/28/20 4/22/21 4/19/22 4/17/23 4/17/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 290 578 497 860 1,814 1,036
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 190 1,038 -154 308 913 77.6
ROE (net income / shareholders' equity) 0.44% -3.47% 0.64% 1.7% 2.54% 3.52%
ROA (Net income/ Total Assets) 0.5% -0.65% -0.29% 0.36% 0.42% 1.36%
Assets 1 1,588 15,140 -5,633 12,360 16,324 7,131
Book Value Per Share 2 3.780 3.590 3.610 3.630 3.620 3.770
Cash Flow per Share 2 0.8200 2.090 1.580 2.120 2.200 2.920
Capex 1 256 162 100 135 197 183
Capex / Sales 6.57% 5.08% 3.44% 3.72% 5.26% 4.72%
Announcement Date 4/26/19 4/28/20 4/22/21 4/19/22 4/17/23 4/17/24
1CNY in Million2CNY
Estimates
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