Financials IAT Automobile Technology Co., Ltd.

Equities

300825

CNE100003SL8

Business Support Services

End-of-day quote Shenzhen S.E. 03:30:00 27/06/2024 am IST 5-day change 1st Jan Change
9.61 CNY -3.03% Intraday chart for IAT Automobile Technology Co., Ltd. -8.82% -30.11%

Valuation

Fiscal Period: December 2020 2021 2022 2023
Capitalization 1 8,436 9,292 5,419 6,738
Enterprise Value (EV) 1 7,684 8,176 4,804 6,690
P/E ratio 71.3 x 42.5 x 67.2 x 188 x
Yield - - - -
Capitalization / Revenue 10.3 x 7.3 x 5.72 x 7.85 x
EV / Revenue 9.36 x 6.43 x 5.07 x 7.8 x
EV / EBITDA 49.3 x 34.9 x 33.6 x 79.6 x
EV / FCF -88.6 x -180 x -51.4 x -19.6 x
FCF Yield -1.13% -0.55% -1.95% -5.09%
Price to Book 5.73 x 3.69 x 2.21 x 2.77 x
Nbr of stocks (in thousands) 4,58,488 4,97,632 4,91,312 4,90,034
Reference price 2 18.40 18.67 11.03 13.75
Announcement Date 09/04/21 22/04/22 23/04/23 24/04/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 794.6 885.4 821 1,272 947.1 858
EBITDA 1 109.5 121 155.8 234.5 143 84.05
EBIT 1 98.95 115.6 142 199.3 95.11 31.33
Operating Margin 12.45% 13.06% 17.29% 15.67% 10.04% 3.65%
Earnings before Tax (EBT) 1 115.3 139.3 121.6 213.7 88.71 51.36
Net income 1 122.7 130.3 110.9 205.4 80.88 35.97
Net margin 15.44% 14.72% 13.51% 16.14% 8.54% 4.19%
EPS 2 0.5351 0.3789 0.2581 0.4398 0.1641 0.0731
Free Cash Flow 1 -333.7 -150 -86.71 -45.35 -93.54 -340.6
FCF margin -41.99% -16.94% -10.56% -3.56% -9.88% -39.7%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 18/03/19 09/03/20 09/04/21 22/04/22 23/04/23 24/04/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 271 498 752 1,116 616 47.6
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -334 -150 -86.7 -45.4 -93.5 -341
ROE (net income / shareholders' equity) 11% 11.2% 7.02% 8.91% 2.5% 1.14%
ROA (Net income/ Total Assets) 4.16% 4.67% 4.8% 4.51% 1.76% 0.58%
Assets 1 2,947 2,792 2,309 4,551 4,593 6,183
Book Value Per Share 2 3.580 2.770 3.210 5.060 4.980 4.970
Cash Flow per Share 2 1.440 1.110 0.3100 1.450 1.470 0.8800
Capex 1 64.3 84.8 124 156 157 469
Capex / Sales 8.1% 9.58% 15.15% 12.23% 16.53% 54.67%
Announcement Date 18/03/19 09/03/20 09/04/21 22/04/22 23/04/23 24/04/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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