Valuation Zhonghang Electronic Measuring Instruments Co.,Ltd

Equities

End-of-day quote Shenzhen S.E. Other stock markets 2024-09-10			5-day change	1st Jan Change
40.90 ^CNY	-0.61%		-0.24%	-6.51%

Aug. 28	Zhonghang Electronic Measuring Instruments Co.,Ltd Reports Earnings Results for the Half Year Ended June 30, 2024	CI
Apr. 25	Zhonghang Electronic Measuring Instruments Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2024	CI

Fiscal Period: December	2018	2019	2020	2021	2022	2023
Capitalization ¹	4,206	6,678	8,832	10,362	6,013	25,641
Change	-	58.76%	32.26%	17.32%	-41.97%	326.41%
Enterprise Value (EV) ¹	3,781	6,034	8,112	9,992	5,879	25,660
Change	-	59.59%	34.45%	23.18%	-41.17%	336.49%
P/E ratio	27.4x	31.6x	33.2x	34x	31.1x	257x
PBR	2.89x	4.16x	4.63x	4.87x	2.61x	10.7x
PEG	-	0.8x	1.3x	2.2x	-0.9x	-5.3x
Capitalization / Revenue	3.03x	4.32x	5.02x	5.33x	3.16x	15.3x
EV / Revenue	2.72x	3.91x	4.61x	5.14x	3.09x	15.3x
EV / EBITDA	18.5x	24.8x	26.4x	28.5x	26.2x	225x
EV / EBIT	22.6x	29.5x	30.6x	33.2x	33.9x	423x
EV / FCF	-180x	29.3x	-355x	-30.2x	-35x	-149x
FCF Yield	-0.55%	3.42%	-0.28%	-3.31%	-2.86%	-0.67%
Dividend per Share ²	0.045	0.0495	0.0504	0.05	0.03	-
Rate of return	0.63%	0.44%	0.34%	0.28%	0.29%	-
EPS ²	0.26	0.36	0.45	0.52	0.33	0.17
Distribution rate	17.3%	13.8%	11.2%	9.62%	9.09%	-
Net sales ¹	1,388	1,545	1,760	1,943	1,905	1,677
EBITDA ¹	204.7	243.3	307.7	350.4	224.6	114.3
EBIT ¹	167	204.4	265.3	301.4	173.5	60.61
Net income ¹	156.2	212.4	262.5	307	192.9	98.17
Net Debt ¹	-425.5	-644.3	-719.7	-369.4	-134.4	19.42
Reference price ²	7.12	11.38	14.95	17.68	10.26	43.75
Nbr of stocks (in thousands)	590,760	586,808	590,760	586,069	586,069	586,069
Announcement Date	3/14/19	3/31/20	3/16/21	3/30/22	3/21/23	3/14/24

¹CNY in Million²CNY

Estimates

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E ratio	EV / Sales	EV / EBITDA	Yield (Y)	Capi. ($)
NINGBO SANXING MEDICAL ELECTRIC CO.,LTD.	19.73x	-	-	+2.48%	6.41B
CHROMA ATE INC.	25.86x	6.27x	20.93x	+2.36%	4.27B
JIANGSU LINYANG ENERGY CO., LTD.	12.14x	-	-	+3.84%	1.99B
LEM HOLDING SA	36.59x	4.34x	21.53x	+2.45%	1.7B
HEFEI MEYER OPTOELECTRONIC TECHNOLOGY INC.	16.02x	3.95x	12.89x	+5.33%	1.55B
HANGZHOU SUNRISE TECHNOLOGY CO.,LTD.	11.27x	-	-	+1.76%	987M
CHANGCHUN UP OPTOTECH CO.,LTD.	63.13x	-	-	-	852M
HIOKI E.E. CORPORATION	18.32x	-	-	+2.45%	774M
Average	25.38x	4.85x	18.45x	+2.95%	2.32B
Weighted average by Cap.	23.04x	5.36x	19.41x	+2.81%