Financials Dongguan Chitwing Technology Co., Ltd.

Equities

002855

CNE100002JR6

Electronic Equipment & Parts

End-of-day quote Shenzhen S.E. 03:30:00 20/05/2024 am IST 5-day change 1st Jan Change
23.25 CNY +0.22% Intraday chart for Dongguan Chitwing Technology Co., Ltd. +3.70% -38.18%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,054 3,307 2,607 2,278 1,975 9,268
Enterprise Value (EV) 1 2,167 3,256 2,397 2,193 2,088 9,614
P/E ratio 71.3 x 57.2 x 24.7 x -9.32 x -15.7 x -78.4 x
Yield 0.29% 0.38% 0.82% - - -
Capitalization / Revenue 0.93 x 1.19 x 0.92 x 0.74 x 0.73 x 5.24 x
EV / Revenue 0.98 x 1.17 x 0.85 x 0.71 x 0.77 x 5.44 x
EV / EBITDA 18.3 x 23.4 x 11.7 x -15.2 x -67.6 x 1,705 x
EV / FCF -9.07 x 27.3 x 15 x 11.1 x -19.6 x -59.2 x
FCF Yield -11% 3.67% 6.65% 8.98% -5.1% -1.69%
Price to Book 1.76 x 2.55 x 1.85 x 1.98 x 1.9 x 10.2 x
Nbr of stocks (in thousands) 2,40,000 2,51,478 2,50,945 2,50,612 2,50,612 2,46,420
Reference price 2 8.560 13.15 10.39 9.090 7.880 37.61
Announcement Date 26/04/19 29/04/20 27/04/21 27/04/22 26/04/23 26/04/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 2,203 2,779 2,823 3,092 2,698 1,767
EBITDA 1 118.3 139.2 204.9 -144.6 -30.92 5.639
EBIT 1 40.34 54.54 110.9 -246.4 -132.8 -92.39
Operating Margin 1.83% 1.96% 3.93% -7.97% -4.92% -5.23%
Earnings before Tax (EBT) 1 27.55 43.35 104.4 -266.2 -128.6 -119
Net income 1 29.33 56.28 102.2 -244.9 -125.6 -119.2
Net margin 1.33% 2.03% 3.62% -7.92% -4.65% -6.75%
EPS 2 0.1200 0.2300 0.4200 -0.9757 -0.5011 -0.4800
Free Cash Flow 1 -238.9 119.4 159.4 197 -106.6 -162.5
FCF margin -10.84% 4.29% 5.65% 6.37% -3.95% -9.19%
FCF Conversion (EBITDA) - 85.77% 77.81% - - -
FCF Conversion (Net income) - 212.07% 155.93% - - -
Dividend per Share 2 0.0250 0.0500 0.0850 - - -
Announcement Date 26/04/19 29/04/20 27/04/21 27/04/22 26/04/23 26/04/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 112 - - - 114 346
Net Cash position 1 - 50.7 211 85.2 - -
Leverage (Debt/EBITDA) 0.948 x - - - -3.675 x 61.32 x
Free Cash Flow 1 -239 119 159 197 -107 -163
ROE (net income / shareholders' equity) 2.15% 3.08% 6.59% -19.5% -12.7% -13%
ROA (Net income/ Total Assets) 1.12% 1.29% 2.44% -5.36% -3.06% -2.42%
Assets 1 2,613 4,348 4,192 4,570 4,104 4,918
Book Value Per Share 2 4.860 5.160 5.610 4.580 4.150 3.680
Cash Flow per Share 2 0.9600 1.060 1.440 1.550 1.020 0.8800
Capex 1 352 143 127 179 159 64.4
Capex / Sales 15.98% 5.13% 4.5% 5.78% 5.89% 3.64%
Announcement Date 26/04/19 29/04/20 27/04/21 27/04/22 26/04/23 26/04/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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