Financials Anker Innovations Limited

Equities

300866

CNE1000047B9

Electrical Components & Equipment

End-of-day quote Shenzhen S.E. 03:30:00 28/06/2024 am IST 5-day change 1st Jan Change
71.21 CNY +0.88% Intraday chart for Anker Innovations Limited -3.81% +4.48%

Valuation

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 66,760 41,659 24,089 36,009 37,633 - -
Enterprise Value (EV) 1 66,760 40,717 24,078 34,892 35,770 35,192 34,042
P/E ratio 73 x 42.4 x 21.1 x 22.4 x 19.8 x 16.5 x 14.1 x
Yield 0.49% 0.78% 2.02% 2.26% 2.46% 2.7% 3.43%
Capitalization / Revenue 7.14 x 3.31 x 1.69 x 2.06 x 1.77 x 1.53 x 1.31 x
EV / Revenue 7.14 x 3.24 x 1.69 x 1.99 x 1.68 x 1.43 x 1.18 x
EV / EBITDA 65.3 x 36.5 x 18.3 x 18.4 x 16.3 x 13.3 x 11.1 x
EV / FCF - 168 x 86 x 25.6 x 18.9 x 21.7 x 30 x
FCF Yield - 0.59% 1.16% 3.9% 5.29% 4.62% 3.33%
Price to Book 12.4 x 6.89 x 3.52 x 4.5 x 3.98 x 3.58 x 3.13 x
Nbr of stocks (in thousands) 5,28,355 5,28,355 5,28,355 5,28,355 5,28,483 - -
Reference price 2 126.4 78.85 45.59 68.15 71.21 71.21 71.21
Announcement Date 30/03/21 11/04/22 18/04/23 24/04/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net sales 1 9,353 12,574 14,251 17,507 21,248 24,637 28,833
EBITDA 1 1,022 1,116 1,314 1,892 2,200 2,636 3,068
EBIT 1 1,007 1,092 1,275 1,806 2,122 2,546 3,002
Operating Margin 10.77% 8.69% 8.94% 10.31% 9.98% 10.34% 10.41%
Earnings before Tax (EBT) 1 989.6 1,085 1,268 1,813 2,141 2,528 2,954
Net income 1 855.9 981.7 1,143 1,615 1,895 2,250 2,613
Net margin 9.15% 7.81% 8.02% 9.22% 8.92% 9.13% 9.06%
EPS 2 1.731 1.862 2.162 3.048 3.593 4.307 5.040
Free Cash Flow 1 - 241.9 280 1,361 1,891 1,625 1,133
FCF margin - 1.92% 1.96% 7.77% 8.9% 6.6% 3.93%
FCF Conversion (EBITDA) - 21.67% 21.31% 71.92% 85.97% 61.64% 36.93%
FCF Conversion (Net income) - 24.64% 24.49% 84.27% 99.79% 72.23% 43.36%
Dividend per Share 2 0.6154 0.6154 0.9231 1.538 1.750 1.920 2.441
Announcement Date 30/03/21 11/04/22 18/04/23 24/04/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S2 2021 S1 2021 Q4 2021 S2 2022 S1 2022 Q3 2022 Q4 2022 S2 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 - - 4,149 7,204 - - 4,714 8,363 3,365 3,701 4,721 5,721 4,378 4,525 5,589 6,466
EBITDA - - - - - - - - - - - - - - - -
EBIT 1 - - 366.3 - - - 329.1 644.9 346.6 560 430.4 468.7 393.1 504.5 559.7 504.1
Operating Margin - - 8.83% - - - 6.98% 7.71% 10.3% 15.13% 9.12% 8.19% 8.98% 11.15% 10.01% 7.8%
Earnings before Tax (EBT) - - 357 - - - 333.8 639.8 - - - - - - - -
Net income 579.4 408.3 336.2 - 575.8 254.4 312.8 567.2 - - - - - - - -
Net margin - - 8.1% - - - 6.64% 6.78% - - - - - - - -
EPS 2 1.146 0.7692 0.6385 - 1.092 0.4846 0.5923 1.069 0.5769 0.9732 0.7385 0.7538 0.5857 0.9100 0.9600 0.9100
Dividend per Share - - - - - - - - - - - - - - - -
Announcement Date 30/03/21 19/08/21 11/04/22 11/04/22 24/08/22 26/10/22 18/04/23 18/04/23 27/04/23 29/08/23 29/10/23 24/04/24 26/04/24 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - -
Net Cash position 1 - 942 10.9 1,118 1,863 2,441 3,591
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow 1 - 242 280 1,361 1,891 1,625 1,133
ROE (net income / shareholders' equity) 26.3% 17.3% 17.8% 21.9% 21.6% 23.3% 24.3%
ROA (Net income/ Total Assets) 17.1% 12.7% 11.3% 14.1% 13.4% 14.6% 15.4%
Assets 1 4,998 7,728 10,132 11,455 14,106 15,434 16,996
Book Value Per Share 2 10.20 11.40 13.00 15.10 17.90 19.90 22.70
Cash Flow per Share 2 0.3600 0.8500 2.700 2.710 1.950 3.770 3.640
Capex 1 30.1 207 1,144 69.1 65.7 50.7 55.4
Capex / Sales 0.32% 1.65% 8.03% 0.39% 0.31% 0.21% 0.19%
Announcement Date 30/03/21 11/04/22 18/04/23 24/04/24 - - -
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
C
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
9
Last Close Price
71.21 CNY
Average target price
82.71 CNY
Spread / Average Target
+16.15%
Consensus
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