Financials Ningbo KBE Electrical Technology Co.,Ltd.

Equities

End-of-day quote Shenzhen S.E. Other stock markets 03:30:00 06/05/2024 am IST			5-day change	1st Jan Change
44.92 ^CNY	+1.91%		+2.49%	-10.23%

25/04	Ningbo KBE Electrical Technology Co.,Ltd. announces an Equity Buyback for CNY 100 million worth of its shares.	CI
25/04	Ningbo KBE Electrical Technology Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024	CI

Fiscal Period: December	2021	2022	2023	2024	2025
Capitalization ¹	4,952	4,638	4,448	3,993	-
Enterprise Value (EV) ¹	4,952	4,638	4,448	3,993	3,993
P/E ratio	57.5 x	32.9 x	26.3 x	18.3 x	15.2 x
Yield	-	0.6%	1%	1.47%	1.76%
Capitalization / Revenue	-	1.57 x	1.29 x	0.91 x	0.77 x
EV / Revenue	-	1.57 x	1.29 x	0.91 x	0.77 x
EV / EBITDA	-	19.1 x	15.7 x	11 x	9.16 x
EV / FCF	-	-	-	-	-
FCF Yield	-	-	-	-	-
Price to Book	-	6.01 x	3.68 x	2.89 x	2.51 x
Nbr of stocks (in thousands)	82,845	83,304	88,881	88,881	-
Reference price ²	59.78	55.68	50.04	44.92	44.92
Announcement Date	26/04/22	25/04/23	18/04/24	-	-

¹CNY in Million²CNY

Estimates

Fiscal Period: December	2021	2022	2023	2024	2025
Net sales ¹	-	2,948	3,452	4,409	5,209
EBITDA ¹	-	243.1	284.2	363	436
EBIT ¹	-	159	187.4	256	314
Operating Margin	-	5.39%	5.43%	5.81%	6.03%
Earnings before Tax (EBT) ¹	-	160.8	195.2	256	314
Net income ¹	86.34	140.1	165.9	218	263
Net margin	-	4.75%	4.81%	4.94%	5.05%
EPS ²	1.040	1.693	1.900	2.450	2.960
Free Cash Flow	-	-	-	-	-
FCF margin	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-
Dividend per Share ²	-	0.3333	0.5000	0.6600	0.7900
Announcement Date	26/04/22	25/04/23	18/04/24	-	-

¹CNY in Million²CNY

Estimates

Fiscal Period: December	2021	2022	2023	2024	2025
Net Debt	-	-	-	-	-
Net Cash position	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-
Free Cash Flow	-	-	-	-	-
ROE (net income / shareholders' equity)	-	19.4%	15.6%	16.8%	17.7%
ROA (Net income/ Total Assets)	-	6.17%	-	7.3%	7.9%
Assets ¹	-	2,269	-	2,986	3,329
Book Value Per Share ²	-	9.270	13.60	15.60	17.90
Cash Flow per Share ²	-	-0.2200	0.5800	1.270	1.940
Capex ¹	-	160	243	242	172
Capex / Sales	-	5.42%	7.05%	5.49%	3.3%
Announcement Date	26/04/22	25/04/23	18/04/24	-	-

¹CNY in Million²CNY

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

44.92 CNY

Average target price

51.5 CNY

Spread / Average Target

+14.65%

	1st Jan change	Capi.
NINGBO KBE ELECTRICAL TECHNOLOGY CO.,LTD.	-10.23%	554M
PRYSMIAN S.P.A.	+27.03%	15.3B
NEXANS	+30.73%	4.84B
WALSIN LIHWA CORPORATION	-6.08%	4.53B
ENCORE WIRE CORPORATION	+31.53%	4.44B
KEI INDUSTRIES LIMITED	+17.41%	4.11B
RIYADH CABLES GROUP COMPANY	+6.48%	3.94B
LS CORP.	+39.06%	2.62B
R R KABEL LIMITED	+6.82%	2.27B
TAIHAN CABLE & SOLUTION CO., LTD.	+29.76%	1.79B