ZHEJIANG DIBAY ELECTRIC CO.,LTD. Financials ZHEJIANG DIBAY ELECTRIC CO.,Ltd.
Equities
603320
CNE100002XP1
Electrical Components & Equipment
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 13.04 CNY | +0.15% |
|
+3.25% | -18.04% |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 1,817 | 1,684 | 1,461 | 1,717 | 1,523 | 2,069 |
| Enterprise Value (EV) 1 | 1,735 | 1,469 | 1,289 | 1,639 | 1,401 | 2,131 |
| P/E ratio | 42.3 x | 41.1 x | 35.1 x | 22 x | 45 x | 49.7 x |
| Yield | 0.72% | 0.74% | 0.89% | 1.51% | 0.68% | 0.63% |
| Capitalization / Revenue | 2.86 x | 2.43 x | 2.01 x | 1.51 x | 1.52 x | 2.22 x |
| EV / Revenue | 2.73 x | 2.12 x | 1.77 x | 1.44 x | 1.4 x | 2.29 x |
| EV / EBITDA | 28.1 x | 21.9 x | 19.9 x | 14.3 x | 20.2 x | 22.8 x |
| EV / FCF | -21.4 x | 40.5 x | -15 x | -11 x | 31.7 x | 526 x |
| FCF Yield | -4.67% | 2.47% | -6.64% | -9.12% | 3.15% | 0.19% |
| Price to Book | 2.93 x | 2.44 x | 2.03 x | 2.19 x | 1.92 x | 2.51 x |
| Nbr of stocks (in thousands) | 130,000 | 130,000 | 130,006 | 130,010 | 130,021 | 130,021 |
| Reference price 2 | 13.98 | 12.95 | 11.24 | 13.21 | 11.71 | 15.91 |
| Announcement Date | 3/12/19 | 4/15/20 | 4/14/21 | 4/13/22 | 4/12/23 | 4/17/24 |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 634.9 | 691.6 | 728.6 | 1,138 | 1,000 | 930 |
| EBITDA 1 | 61.72 | 66.96 | 64.81 | 114.8 | 69.33 | 93.63 |
| EBIT 1 | 37.62 | 43.77 | 40.87 | 91.53 | 37.9 | 54.09 |
| Operating Margin | 5.93% | 6.33% | 5.61% | 8.04% | 3.79% | 5.82% |
| Earnings before Tax (EBT) 1 | 50.11 | 47.37 | 49.54 | 90.82 | 37.31 | 52.18 |
| Net income 1 | 42.83 | 41.02 | 41.77 | 78.62 | 34.2 | 41.54 |
| Net margin | 6.75% | 5.93% | 5.73% | 6.91% | 3.42% | 4.47% |
| EPS 2 | 0.3308 | 0.3154 | 0.3200 | 0.6000 | 0.2600 | 0.3200 |
| Free Cash Flow 1 | -80.93 | 36.29 | -85.65 | -149.5 | 44.14 | 4.05 |
| FCF margin | -12.75% | 5.25% | -11.75% | -13.14% | 4.41% | 0.44% |
| FCF Conversion (EBITDA) | - | 54.2% | - | - | 63.67% | 4.33% |
| FCF Conversion (Net income) | - | 88.47% | - | - | 129.09% | 9.75% |
| Dividend per Share 2 | 0.1000 | 0.0954 | 0.1000 | 0.2000 | 0.0800 | 0.1000 |
| Announcement Date | 3/12/19 | 4/15/20 | 4/14/21 | 4/13/22 | 4/12/23 | 4/17/24 |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | 62.6 |
| Net Cash position 1 | 82.2 | 215 | 172 | 78.5 | 121 | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | 0.6692 x |
| Free Cash Flow 1 | -80.9 | 36.3 | -85.6 | -150 | 44.1 | 4.05 |
| ROE (net income / shareholders' equity) | 7.06% | 6.26% | 5.93% | 10.5% | 4.34% | 5.12% |
| ROA (Net income/ Total Assets) | 3.27% | 3.05% | 2.29% | 4.73% | 1.87% | 2.64% |
| Assets 1 | 1,311 | 1,347 | 1,828 | 1,663 | 1,824 | 1,571 |
| Book Value Per Share 2 | 4.770 | 5.300 | 5.530 | 6.030 | 6.090 | 6.330 |
| Cash Flow per Share 2 | 0.6400 | 3.000 | 2.490 | 1.680 | 2.200 | 1.320 |
| Capex 1 | 71.9 | 80.3 | 112 | 112 | 41.1 | 22.9 |
| Capex / Sales | 11.33% | 11.6% | 15.34% | 9.86% | 4.11% | 2.47% |
| Announcement Date | 3/12/19 | 4/15/20 | 4/14/21 | 4/13/22 | 4/12/23 | 4/17/24 |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| -18.04% | 234M | |
| +3.20% | 8.06B | |
| +7.85% | 1.78B | |
| -36.77% | 1.2B | |
| -29.17% | 779M | |
| +1.89% | 703M | |
| -21.53% | 462M | |
| -22.95% | 458M | |
| -32.57% | 382M | |
| -0.49% | 289M |
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- Financials ZHEJIANG DIBAY ELECTRIC CO.,Ltd.
