Financials Guangdong Ellington Electronics Technology Co.,Ltd

Equities

603328

CNE100001TC9

Semiconductors

End-of-day quote Shanghai S.E. 03:30:00 30/04/2024 am IST 5-day change 1st Jan Change
7.24 CNY +2.99% Intraday chart for Guangdong Ellington Electronics Technology Co.,Ltd +4.93% -11.17%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 9,878 11,300 7,938 7,988 6,480 8,137
Enterprise Value (EV) 1 7,073 9,294 6,143 6,650 5,500 7,285
P/E ratio 15 x 21.8 x 36.1 x 53.3 x 24.1 x 22.9 x
Yield 12.7% 9.72% 2.77% 0.85% 2.27% 2.38%
Capitalization / Revenue 2.97 x 3.75 x 3.24 x 2.75 x 2.12 x 2.56 x
EV / Revenue 2.12 x 3.09 x 2.51 x 2.29 x 1.8 x 2.29 x
EV / EBITDA 9.08 x 14.6 x 15.8 x 23.1 x 14 x 13.8 x
EV / FCF 10.7 x 7.02 x 27.9 x -40 x 62.5 x -647 x
FCF Yield 9.35% 14.3% 3.58% -2.5% 1.6% -0.15%
Price to Book 2.21 x 3.17 x 2.39 x 2.37 x 1.81 x 2.15 x
Nbr of stocks (in thousands) 9,97,778 9,98,230 9,98,443 9,98,443 9,98,443 9,98,443
Reference price 2 9.900 11.32 7.950 8.000 6.490 8.150
Announcement Date 23/04/19 29/04/20 21/04/21 12/04/22 07/04/23 28/03/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 3,329 3,011 2,451 2,908 3,058 3,177
EBITDA 1 779 636.2 390 287.8 391.7 527.5
EBIT 1 665.1 519.2 265.6 158.6 212.1 339.4
Operating Margin 19.98% 17.24% 10.84% 5.45% 6.94% 10.68%
Earnings before Tax (EBT) 1 770.2 610.4 260 162.6 293.8 398.8
Net income 1 654 518.5 224.5 150.6 268.5 355
Net margin 19.65% 17.22% 9.16% 5.18% 8.78% 11.17%
EPS 2 0.6600 0.5200 0.2200 0.1500 0.2690 0.3560
Free Cash Flow 1 661.2 1,325 219.9 -166.2 88.01 -11.25
FCF margin 19.86% 44% 8.97% -5.71% 2.88% -0.35%
FCF Conversion (EBITDA) 84.88% 208.24% 56.39% - 22.47% -
FCF Conversion (Net income) 101.1% 255.51% 97.96% - 32.77% -
Dividend per Share 2 1.260 1.100 0.2200 0.0680 0.1470 0.1940
Announcement Date 23/04/19 29/04/20 21/04/21 12/04/22 07/04/23 28/03/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 2,805 2,006 1,794 1,337 980 852
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 661 1,325 220 -166 88 -11.3
ROE (net income / shareholders' equity) 14.4% 12.9% 6.52% 4.5% 7.73% 9.65%
ROA (Net income/ Total Assets) 7.58% 6.62% 3.84% 2.23% 2.78% 4.27%
Assets 1 8,629 7,832 5,851 6,744 9,667 8,324
Book Value Per Share 2 4.480 3.570 3.320 3.370 3.580 3.790
Cash Flow per Share 2 1.840 1.560 1.750 1.340 0.8000 0.3600
Capex 1 158 215 209 517 243 380
Capex / Sales 4.76% 7.13% 8.54% 17.78% 7.93% 11.97%
Announcement Date 23/04/19 29/04/20 21/04/21 12/04/22 07/04/23 28/03/24
1CNY in Million2CNY
Estimates
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