Financials Changzhou Shenli Electrical Machine Incorporated Company

Equities

603819

CNE100003043

Electrical Components & Equipment

End-of-day quote Shanghai S.E. 03:30:00 16/05/2024 am IST 5-day change 1st Jan Change
12.93 CNY +3.36% Intraday chart for Changzhou Shenli Electrical Machine Incorporated Company +2.46% -9.64%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,951 2,317 2,438 3,142 3,292 3,116
Enterprise Value (EV) 1 1,961 2,484 2,690 3,610 3,598 3,415
P/E ratio 40.4 x 24.4 x 163 x 98.3 x -40.9 x 18.3 x
Yield 2.48% 2.16% 0.18% 0.31% 0.13% -
Capitalization / Revenue 2.05 x 2.1 x 2.59 x 2.18 x 2.24 x 2.45 x
EV / Revenue 2.06 x 2.25 x 2.86 x 2.5 x 2.45 x 2.69 x
EV / EBITDA 29.8 x 35.8 x 50.8 x 33.8 x 45.4 x 55.2 x
EV / FCF -16.6 x -15.1 x 33.2 x -21.4 x 55.7 x -27.2 x
FCF Yield -6.01% -6.61% 3.01% -4.67% 1.8% -3.68%
Price to Book 2.5 x 2.95 x 2.11 x 4.01 x 4.56 x 8.07 x
Nbr of stocks (in thousands) 2,19,893 2,16,557 2,13,149 2,13,149 2,17,730 2,17,730
Reference price 2 8.874 10.70 11.44 14.74 15.12 14.31
Announcement Date 19/04/19 28/04/20 28/04/21 28/04/22 27/04/23 26/04/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 953.3 1,102 941.1 1,442 1,470 1,272
EBITDA 1 65.77 69.32 52.92 106.9 79.23 61.9
EBIT 1 54.13 44.26 21.98 63.17 34.64 16.55
Operating Margin 5.68% 4.02% 2.34% 4.38% 2.36% 1.3%
Earnings before Tax (EBT) 1 56.37 111.1 16.86 34 -109.5 157.5
Net income 1 48.19 95.17 15.08 32.35 -80.57 170.3
Net margin 5.06% 8.63% 1.6% 2.24% -5.48% 13.39%
EPS 2 0.2198 0.4385 0.0700 0.1500 -0.3700 0.7800
Free Cash Flow 1 -117.9 -164.3 80.93 -168.7 64.63 -125.8
FCF margin -12.36% -14.91% 8.6% -11.7% 4.4% -9.89%
FCF Conversion (EBITDA) - - 152.94% - 81.57% -
FCF Conversion (Net income) - - 536.79% - - -
Dividend per Share 2 0.2198 0.2308 0.0210 0.0450 0.0200 -
Announcement Date 19/04/19 28/04/20 28/04/21 28/04/22 27/04/23 26/04/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 9.39 167 252 469 306 299
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 0.1428 x 2.41 x 4.76 x 4.385 x 3.863 x 4.834 x
Free Cash Flow 1 -118 -164 80.9 -169 64.6 -126
ROE (net income / shareholders' equity) 6.33% 12.2% 1.98% 3.88% -14.1% 19.9%
ROA (Net income/ Total Assets) 3.15% 2.32% 1.1% 2.56% 1.34% 0.69%
Assets 1 1,528 4,095 1,373 1,262 -6,016 24,597
Book Value Per Share 2 3.550 3.630 5.420 3.680 3.320 1.770
Cash Flow per Share 2 1.230 0.4100 1.950 0.9500 0.6900 0.3000
Capex 1 109 124 25.5 16.9 21.6 8
Capex / Sales 11.4% 11.27% 2.71% 1.17% 1.47% 0.63%
Announcement Date 19/04/19 28/04/20 28/04/21 28/04/22 27/04/23 26/04/24
1CNY in Million2CNY
Estimates
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