Financials LUSTER LightTech Co., LTD.

Equities

688400

CNE100005QC6

Electronic Equipment & Parts

End-of-day quote Shanghai S.E. Other stock markets 03:30:00 29/05/2024 am IST			5-day change	1st Jan Change
16.61 ^CNY	+0.61%		-5.03%	-38.48%

29/04	LUSTER LightTech Co., LTD. Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
02/04	Tranche Update on LUSTER LightTech Co., LTD.'s Equity Buyback Plan announced on February 5, 2024.	CI

Valuation

Fiscal Period: December	2022	2023	2024	2025	2026
Capitalization ¹	11,833	12,514	7,925	-	-
Enterprise Value (EV) ¹	9,773	10,489	7,532	7,741	7,857
P/E ratio	-	77.1 x	26.4 x	17.9 x	-
Yield	0.49%	0.19%	0.78%	1.32%	1.2%
Capitalization / Revenue	4.3 x	4.74 x	2.71 x	1.9 x	2.01 x
EV / Revenue	3.56 x	3.97 x	2.57 x	1.85 x	1.99 x
EV / EBITDA	41.8 x	60.4 x	20.3 x	16.6 x	-
EV / FCF	-	-	-	-	-
FCF Yield	-	-	-	-	-
Price to Book	-	3.15 x	1.75 x	1.61 x	-
Nbr of stocks (in thousands)	4,63,500	4,63,500	4,73,143	-	-
Reference price ²	25.53	27.00	16.61	16.61	16.61
Announcement Date	21/02/23	24/02/24	-	-	-

¹CNY in Million²CNY

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2021	2022	2023	2024	2025	2026
Net sales ¹	-	2,749	2,641	2,930	4,178	3,941
EBITDA ¹	-	234	173.6	371	465	-
EBIT ¹	-	129.2	117.9	316.5	433	-
Operating Margin	-	4.7%	4.46%	10.8%	10.36%	-
Earnings before Tax (EBT) ¹	-	-	118.5	298	447	-
Net income ¹	171.9	-	163.9	293	430	-
Net margin	-	-	6.21%	10%	10.29%	-
EPS ²	0.4800	-	0.3500	0.6300	0.9300	-
Free Cash Flow	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-
Dividend per Share ²	-	0.1250	0.0500	0.1300	0.2200	0.2000
Announcement Date	14/06/22	21/02/23	24/02/24	-	-	-

¹CNY in Million²CNY

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4
Net sales ¹	-	720.5	550.5	732.7	641.5	716.2	443.4	827.9	769.8	888.6
EBITDA	-	-	-	-	-	-	-	-	-	-
EBIT	-	-9.973	-5.496	21.45	37.18	-	-10.12	-	-	-
Operating Margin	-	-1.38%	-1%	2.93%	5.8%	-	-2.28%	-	-	-
Earnings before Tax (EBT)	-	-	-	-	-	-	-	-	-	-
Net income	78.93	-	-	-	-	-	-	-	-	-
Net margin	-	-	-	-	-	-	-	-	-	-
EPS	0.1800	-	-	-	-	-	-	-	-	-
Dividend per Share	-	-	-	-	-	-	-	-	-	-
Announcement Date	25/10/22	21/02/23	25/04/23	29/08/23	30/10/23	24/02/24	30/04/24	-	-	-

¹CNY in Million

Estimates

Balance Sheet Analysis

Fiscal Period: December	2021	2022	2023	2024	2025	2026
Net Debt ¹	-	-	-	-	-	-
Net Cash position ¹	-	2,060	2,026	393	185	68.1
Leverage (Debt/EBITDA)	-	-	-	-	-	-
Free Cash Flow	-	-	-	-	-	-
ROE (net income / shareholders' equity)	-	-	4.16%	7.45%	9.35%	-
ROA (Net income/ Total Assets)	-	-	-	6%	6.5%	-
Assets ¹	-	-	-	4,883	6,615	-
Book Value Per Share ²	-	-	8.570	9.480	10.30	-
Cash Flow per Share ²	-	-	0.5900	-0.2400	0.0100	-
Capex ¹	-	-	127	100	100	-
Capex / Sales	-	-	4.8%	3.41%	2.39%	-
Announcement Date	14/06/22	21/02/23	24/02/24	-	-	-

¹CNY in Million²CNY

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for LUSTER LightTech Co., LTD.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

16.61 CNY

Average target price

14.9 CNY

Spread / Average Target

-10.30%

Consensus

EPS Revisions

Estimates Revisions

Quarterly revenue - Rate of surprise

Company calendar

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