Financials JinFu Technology Co., Ltd.

Equities

003018

CNE1000048L6

Non-Paper Containers & Packaging

End-of-day quote Shenzhen S.E. 03:30:00 30/04/2024 am IST 5-day change 1st Jan Change
8.24 CNY +0.12% Intraday chart for JinFu Technology Co., Ltd. +3.13% -22.63%

Valuation

Fiscal Period: December 2020 2021 2022 2023
Capitalization 1 3,242 2,873 2,441 2,769
Enterprise Value (EV) 1 2,586 2,309 1,825 2,500
P/E ratio 28.3 x 23.5 x 23.5 x 24.8 x
Yield 3.05% 0.63% 0.85% 1.88%
Capitalization / Revenue 6.3 x 4.36 x 3.31 x 3.58 x
EV / Revenue 5.03 x 3.5 x 2.47 x 3.23 x
EV / EBITDA 16.7 x 12.4 x 10.4 x 13.2 x
EV / FCF 168 x 31.9 x 35.3 x -6.98 x
FCF Yield 0.59% 3.13% 2.83% -14.3%
Price to Book 2.51 x 2.19 x 1.75 x 1.86 x
Nbr of stocks (in thousands) 2,60,000 2,60,000 2,60,000 2,60,000
Reference price 2 12.47 11.05 9.390 10.65
Announcement Date 22/03/21 28/03/22 27/03/23 23/04/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 568.4 598.2 514.4 659.4 738.1 773.5
EBITDA 1 154.3 176.2 155.1 186.5 175.6 189.2
EBIT 1 104.4 125.6 99.29 125.7 105.6 121
Operating Margin 18.36% 21.01% 19.3% 19.07% 14.31% 15.64%
Earnings before Tax (EBT) 1 101.9 124.3 105.6 147.5 124 131
Net income 1 84.86 103.8 88.21 121.3 104.5 111.1
Net margin 14.93% 17.35% 17.15% 18.4% 14.16% 14.36%
EPS 2 0.4600 0.5300 0.4400 0.4700 0.4000 0.4300
Free Cash Flow 1 44 30.3 15.36 72.38 51.64 -358.1
FCF margin 7.74% 5.06% 2.99% 10.98% 7% -46.3%
FCF Conversion (EBITDA) 28.51% 17.2% 9.9% 38.8% 29.42% -
FCF Conversion (Net income) 51.85% 29.2% 17.41% 59.66% 49.4% -
Dividend per Share - - 0.3800 0.0700 0.0800 0.2000
Announcement Date 28/06/19 22/03/21 22/03/21 28/03/22 27/03/23 23/04/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 63.9 122 656 564 616 269
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 44 30.3 15.4 72.4 51.6 -358
ROE (net income / shareholders' equity) 15.9% 15.7% 8.82% 9.33% 7.71% 7.69%
ROA (Net income/ Total Assets) 9.36% 9.78% 5.67% 5.63% 4.38% 4.68%
Assets 1 906.2 1,061 1,557 2,155 2,386 2,372
Book Value Per Share 2 3.110 3.650 4.960 5.050 5.380 5.730
Cash Flow per Share 2 0.5700 1.060 2.370 1.990 2.410 1.110
Capex 1 50.1 91.8 95.9 83.6 94.9 517
Capex / Sales 8.81% 15.35% 18.65% 12.68% 12.85% 66.82%
Announcement Date 28/06/19 22/03/21 22/03/21 28/03/22 27/03/23 23/04/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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