Financials Changchun FAWAY Automobile Components Co.,Ltd

Equities

600742

CNE000000M07

Auto, Truck & Motorcycle Parts

End-of-day quote Shanghai S.E. 03:30:00 30/04/2024 am IST 5-day change 1st Jan Change
8.85 CNY -1.12% Intraday chart for Changchun FAWAY Automobile Components Co.,Ltd +1.26% -7.33%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 5,066 6,138 6,718 8,003 6,169 7,096
Enterprise Value (EV) 1 4,010 4,584 2,592 2,729 847 632.4
P/E ratio 10.3 x 11.5 x 10.8 x 12.1 x 10.7 x 13.6 x
Yield 6.01% 1.65% 2.99% 2.51% 2.99% 2.62%
Capitalization / Revenue 0.37 x 0.35 x 0.34 x 0.39 x 0.31 x 0.34 x
EV / Revenue 0.29 x 0.26 x 0.13 x 0.13 x 0.04 x 0.03 x
EV / EBITDA 8.18 x 6.76 x 2.05 x 2.37 x 0.77 x 0.57 x
EV / FCF -38.9 x 4.48 x 1.16 x 2.01 x -1.96 x 0.42 x
FCF Yield -2.57% 22.3% 85.9% 49.8% -50.9% 236%
Price to Book 1.04 x 1.12 x 1.06 x 1.18 x 0.79 x 0.86 x
Nbr of stocks (in thousands) 6,59,953 6,59,953 6,69,121 6,69,121 7,37,974 7,43,058
Reference price 2 7.677 9.300 10.04 11.96 8.360 9.550
Announcement Date 28/03/19 23/04/20 22/03/21 29/04/22 21/04/23 27/03/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 13,608 17,771 19,520 20,537 19,972 20,766
EBITDA 1 490.3 677.7 1,267 1,151 1,098 1,100
EBIT 1 232.9 344.4 707.3 593.9 516.5 496.9
Operating Margin 1.71% 1.94% 3.62% 2.89% 2.59% 2.39%
Earnings before Tax (EBT) 1 685.4 751.7 1,103 1,096 909.6 909
Net income 1 494.7 535.8 617.3 658.9 544 520.5
Net margin 3.64% 3.02% 3.16% 3.21% 2.72% 2.51%
EPS 2 0.7462 0.8119 0.9321 0.9847 0.7798 0.7013
Free Cash Flow 1 -103.2 1,022 2,226 1,358 -431.3 1,490
FCF margin -0.76% 5.75% 11.41% 6.61% -2.16% 7.18%
FCF Conversion (EBITDA) - 150.82% 175.71% 117.99% - 135.43%
FCF Conversion (Net income) - 190.76% 360.68% 206.19% - 286.28%
Dividend per Share 2 0.4615 0.1538 0.3000 0.3000 0.2500 0.2500
Announcement Date 28/03/19 23/04/20 22/03/21 29/04/22 21/04/23 27/03/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 1,057 1,554 4,126 5,273 5,322 6,464
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -103 1,022 2,226 1,358 -431 1,490
ROE (net income / shareholders' equity) 11.4% 11.5% 13.2% 12% 9.3% 8.01%
ROA (Net income/ Total Assets) 1.6% 1.69% 2.6% 1.98% 1.63% 1.46%
Assets 1 30,922 31,720 23,765 33,202 33,425 35,687
Book Value Per Share 2 7.350 8.340 9.430 10.10 10.60 11.10
Cash Flow per Share 2 1.760 2.620 6.330 8.370 7.450 9.370
Capex 1 464 728 670 653 922 763
Capex / Sales 3.41% 4.09% 3.43% 3.18% 4.61% 3.68%
Announcement Date 28/03/19 23/04/20 22/03/21 29/04/22 21/04/23 27/03/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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