Financials Hangzhou Heatwell Electric Heating Technology Co., Ltd.

Equities

603075

CNE100006DC2

Electrical Components & Equipment

End-of-day quote Shanghai S.E. 03:30:00 28/05/2024 am IST 5-day change 1st Jan Change
19.36 CNY -2.42% Intraday chart for Hangzhou Heatwell Electric Heating Technology Co., Ltd. -8.38% -20.23%

Valuation

Fiscal Period: December 2023
Capitalization 1 9,708
Enterprise Value (EV) 1 9,088
P/E ratio 35.9 x
Yield 2.06%
Capitalization / Revenue 5.79 x
EV / Revenue 5.42 x
EV / EBITDA 25 x
EV / FCF 5,73,40,752 x
FCF Yield 0%
Price to Book 4.87 x
Nbr of stocks (in thousands) 4,00,010
Reference price 2 24.27
Announcement Date 15/04/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023
Net sales 1 1,337 1,456 1,802 1,687 1,676
EBITDA 1 252.9 202 323.2 336.7 363.2
EBIT 1 215 154.7 263.6 248.9 265
Operating Margin 16.09% 10.63% 14.62% 14.76% 15.81%
Earnings before Tax (EBT) 1 219.8 166.7 267.1 264.7 279.1
Net income 1 172.8 114.3 231.6 241.6 250
Net margin 12.93% 7.85% 12.85% 14.32% 14.92%
EPS 2 0.4800 0.3200 0.6400 0.6700 0.6757
Free Cash Flow - 133.7 -173.6 -83.66 158.5
FCF margin - 9.18% -9.63% -4.96% 9.46%
FCF Conversion (EBITDA) - 66.19% - - 43.64%
FCF Conversion (Net income) - 117.02% - - 63.4%
Dividend per Share - - - - 0.5000
Announcement Date 22/06/22 22/06/22 22/06/22 23/06/23 15/04/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023
Net Debt 1 55.4 - 222 255 -
Net Cash position 1 - 58 - - 620
Leverage (Debt/EBITDA) 0.2192 x - 0.6882 x 0.7583 x -
Free Cash Flow - 134 -174 -83.7 158
ROE (net income / shareholders' equity) - 18.5% 28.3% 24.8% 16.3%
ROA (Net income/ Total Assets) - 5.86% 8.4% 7.55% 6.82%
Assets 1 - 1,951 2,758 3,199 3,667
Book Value Per Share 2 1.620 2.140 2.500 2.890 4.980
Cash Flow per Share 2 0.2500 0.7300 0.6900 0.5700 1.560
Capex 1 88.6 132 338 280 136
Capex / Sales 6.63% 9.04% 18.74% 16.6% 8.12%
Announcement Date 22/06/22 22/06/22 22/06/22 23/06/23 15/04/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

  1. Stock Market
  2. Equities
  3. 603075 Stock
  4. Financials Hangzhou Heatwell Electric Heating Technology Co., Ltd.