Financials Zhejiang Century Huatong Group Co.,Ltd

Equities

002602

CNE1000015R2

Internet Services

End-of-day quote Shenzhen S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
4.09 CNY +3.28% Intraday chart for Zhejiang Century Huatong Group Co.,Ltd -2.39% -20.74%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 48,213 66,968 52,295 61,709 28,023 30,078 30,078 -
Enterprise Value (EV) 1 48,213 66,968 56,503 62,044 26,599 30,078 30,078 30,078
P/E ratio 48 x 24.8 x 17.8 x 26.2 x -3.97 x 26.2 x 12.9 x 10.2 x
Yield - - - - - - - -
Capitalization / Revenue 5.93 x 4.56 x 3.49 x 4.43 x 2.44 x 2.19 x 1.8 x 1.6 x
EV / Revenue 5.93 x 4.56 x 3.49 x 4.43 x 2.44 x 2.19 x 1.8 x 1.6 x
EV / EBITDA 38.4 x 19.7 x 13.8 x 16.7 x -4.38 x 15.2 x 9.1 x 7.25 x
EV / FCF - - - -79,191,006 x 23,472,199 x - - -
FCF Yield - - - -0% 0% - - -
Price to Book 3.48 x 2.77 x 1.83 x 2.01 x 1.18 x 1.17 x 1.07 x 0.97 x
Nbr of stocks (in thousands) 4,482,732 7,030,799 7,355,123 7,355,123 7,355,123 7,354,143 7,354,143 -
Reference price 2 10.76 9.525 7.110 8.390 3.810 4.090 4.090 4.090
Announcement Date 2/27/19 2/28/20 4/29/21 4/29/22 4/28/23 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net sales 1 8,124 14,690 14,983 13,929 11,475 13,704 16,676 18,809
EBITDA 1 1,255 3,398 3,786 3,694 -6,397 1,983 3,304 4,149
EBIT 1 1,053 3,086 3,440 3,246 -6,940 1,563 2,844 3,665
Operating Margin 12.96% 21.01% 22.96% 23.3% -60.48% 11.41% 17.05% 19.48%
Earnings before Tax (EBT) 1 1,050 3,084 3,424 3,244 -6,969 1,573 2,853 3,674
Net income 1 962.3 2,278 2,946 2,327 -7,092 1,172 2,361 3,006
Net margin 11.84% 15.51% 19.66% 16.7% -61.8% 8.56% 14.16% 15.98%
EPS 2 0.2240 0.3833 0.4000 0.3200 -0.9600 0.1561 0.3170 0.4028
Free Cash Flow - - - -779.2 1,194 - - -
FCF margin - - - -5.59% 10.4% - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 - - - - - - - -
Announcement Date 2/27/19 2/28/20 4/29/21 4/29/22 4/28/23 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q2 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4
Net sales 1 3,313 3,476 3,143 - 2,930 2,691 2,333 - - - 3,914
EBITDA - - - - - - - - - - -
EBIT 1 2,555 397.8 -495.3 - 357.4 266.5 -7,825 - - - -941.9
Operating Margin 77.11% 11.44% -15.76% - 12.2% 9.9% -335.35% - - - -24.07%
Earnings before Tax (EBT) 1 2,553 393.9 -489 - 341.1 266.5 -7,831 - - - -933.5
Net income 1 1,865 279.1 -402.3 - 276.7 204.3 -7,782 - - - -965.3
Net margin 56.3% 8.03% -12.8% - 9.44% 7.59% -333.51% - - - -24.67%
EPS 2 0.2500 0.0400 -0.0500 0.0300 0.0400 0.0200 -1.050 0.0600 0.0600 0.0700 -0.1295
Dividend per Share - - - - - - - - - - -
Announcement Date 8/30/21 10/28/21 4/29/22 4/29/22 8/30/22 10/30/22 4/28/23 4/28/23 8/30/23 10/30/23 -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net Debt - - 4,208 335 - - - -
Net Cash position - - - - 1,424 - - -
Leverage (Debt/EBITDA) - - 1.111 x 0.0907 x - - - -
Free Cash Flow - - - -779 1,194 - - -
ROE (net income / shareholders' equity) 7.29% 11% 10.6% 7.72% -25.7% 4.56% 8.68% 10.1%
ROA (Net income/ Total Assets) 8.31% 7.21% - 5.58% -19.2% 5.3% 6.2% 7%
Assets 1 11,580 31,588 - 41,695 36,977 22,122 38,083 42,944
Book Value Per Share 2 3.090 3.430 3.880 4.170 3.240 3.490 3.810 4.200
Cash Flow per Share 2 0.2100 0.3000 - 0.1200 - -0.0700 0.5100 0.1000
Capex 1 294 476 1,345 1,670 297 400 400 400
Capex / Sales 3.62% 3.24% 8.98% 11.99% 2.59% 2.92% 2.4% 2.13%
Announcement Date 2/27/19 2/28/20 4/29/21 4/29/22 4/28/23 - - -
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
BUY
Number of Analysts
3
Last Close Price
4.09 CNY
Average target price
7.775 CNY
Spread / Average Target
+90.10%
Consensus
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