Financials Haoyun Technologies Co.,Ltd.

Equities

300448

CNE100001ZC6

Integrated Hardware & Software

End-of-day quote Shenzhen S.E. 03:30:00 26/04/2024 am IST 5-day change 1st Jan Change
4 CNY +3.36% Intraday chart for Haoyun Technologies Co.,Ltd. +14.29% -25.65%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 4,224 5,212 6,057 4,763 3,166 3,640
Enterprise Value (EV) 1 3,648 4,639 5,499 4,273 2,772 3,088
P/E ratio 30.4 x 33.7 x 459 x 324 x 153 x -62 x
Yield 0.48% 0.59% 0.2% 0.21% 0.32% -
Capitalization / Revenue 5.52 x 6.64 x 11.8 x 8.43 x 7.08 x 9.97 x
EV / Revenue 4.77 x 5.91 x 10.8 x 7.57 x 6.2 x 8.46 x
EV / EBITDA 18.5 x 21.4 x 92.9 x 93.2 x 70 x -237 x
EV / FCF 23.1 x 58.5 x 110 x 241 x -80.8 x 24.9 x
FCF Yield 4.32% 1.71% 0.91% 0.42% -1.24% 4.02%
Price to Book 3.33 x 3.65 x 4.26 x 3.36 x 2.22 x 2.67 x
Nbr of stocks (in thousands) 6,93,756 6,85,726 6,86,791 6,76,517 6,76,517 6,76,517
Reference price 2 6.088 7.600 8.820 7.040 4.680 5.380
Announcement Date 17/04/19 23/04/20 23/04/21 21/04/22 19/04/23 22/04/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 765.3 784.4 511.4 564.8 447.1 365
EBITDA 1 197.7 217 59.2 45.86 39.57 -13.04
EBIT 1 167.3 184.8 28.12 15.99 18.78 -53.53
Operating Margin 21.86% 23.56% 5.5% 2.83% 4.2% -14.66%
Earnings before Tax (EBT) 1 180.9 194.8 6.432 -0.0906 13.07 -73.03
Net income 1 140.2 154.4 13.05 14.65 20.66 -58.69
Net margin 18.32% 19.69% 2.55% 2.59% 4.62% -16.08%
EPS 2 0.2002 0.2254 0.0192 0.0217 0.0305 -0.0868
Free Cash Flow 1 157.6 79.27 50 17.74 -34.3 124.2
FCF margin 20.6% 10.11% 9.78% 3.14% -7.67% 34.03%
FCF Conversion (EBITDA) 79.75% 36.53% 84.47% 38.68% - -
FCF Conversion (Net income) 112.42% 51.33% 383.22% 121.1% - -
Dividend per Share 2 0.0294 0.0450 0.0180 0.0150 0.0150 -
Announcement Date 17/04/19 23/04/20 23/04/21 21/04/22 19/04/23 22/04/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 576 573 559 490 394 552
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 158 79.3 50 17.7 -34.3 124
ROE (net income / shareholders' equity) 12.7% 12.3% -0.28% -0.57% 1.31% -4.47%
ROA (Net income/ Total Assets) 7.07% 6.75% 1% 0.6% 0.73% -2.17%
Assets 1 1,984 2,287 1,305 2,432 2,813 2,701
Book Value Per Share 2 1.830 2.080 2.070 2.100 2.110 2.020
Cash Flow per Share 2 0.6900 0.9200 0.7800 0.6300 0.5000 0.7500
Capex 1 29.3 65.7 38.2 23.6 14.7 16.5
Capex / Sales 3.83% 8.38% 7.47% 4.17% 3.29% 4.51%
Announcement Date 17/04/19 23/04/20 23/04/21 21/04/22 19/04/23 22/04/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

  1. Stock Market
  2. Equities
  3. 300448 Stock
  4. Financials Haoyun Technologies Co.,Ltd.