Financials Pinming Technology Co., Ltd.

Equities

688109

CNE1000053B7

Software

End-of-day quote Shanghai S.E. 03:30:00 22/05/2024 am IST 5-day change 1st Jan Change
31.18 CNY +0.91% Intraday chart for Pinming Technology Co., Ltd. -2.71% +10.69%

Valuation

Fiscal Period: December 2021 2022 2023
Capitalization 1 2,785 1,539 2,194
Enterprise Value (EV) 1 2,075 996 1,688
P/E ratio 41.6 x -27.5 x 176 x
Yield 1.17% - 1.06%
Capitalization / Revenue 5.86 x 3.54 x 5.04 x
EV / Revenue 4.36 x 2.29 x 3.87 x
EV / EBITDA 50.6 x -12.8 x -325 x
EV / FCF -33.7 x -8.55 x 221 x
FCF Yield -2.97% -11.7% 0.45%
Price to Book 3.06 x 1.87 x 2.78 x
Nbr of stocks (in thousands) 78,842 78,842 77,877
Reference price 2 35.32 19.52 28.17
Announcement Date 22/04/22 25/04/23 24/04/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 221.5 282.9 379.9 475.5 435.1 435.7
EBITDA 1 56.09 68.95 91.99 40.97 -78.08 -5.191
EBIT 1 55.03 67.32 90.29 38.67 -80.79 -7.771
Operating Margin 24.84% 23.8% 23.77% 8.13% -18.57% -1.78%
Earnings before Tax (EBT) 1 59.44 77.77 103.6 62.69 -57.97 11
Net income 1 55.82 74.29 97.64 62.68 -56.01 12.43
Net margin 25.2% 26.26% 25.7% 13.18% -12.87% 2.85%
EPS 2 0.9442 1.257 1.648 0.8483 -0.7103 0.1600
Free Cash Flow 1 21.71 12.99 18.16 -61.57 -116.4 7.626
FCF margin 9.8% 4.59% 4.78% -12.95% -26.76% 1.75%
FCF Conversion (EBITDA) 38.71% 18.85% 19.74% - - -
FCF Conversion (Net income) 38.89% 17.49% 18.59% - - 61.36%
Dividend per Share 2 0.4207 0.3379 0.5517 0.4138 - 0.3000
Announcement Date 29/04/19 09/03/21 25/04/21 22/04/22 25/04/23 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 1 137 159 198 710 543 506
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 21.7 13 18.2 -61.6 -116 7.63
ROE (net income / shareholders' equity) 42.2% 42% 40.6% 10.5% -6.47% 1.55%
ROA (Net income/ Total Assets) 19.9% 18% 17.7% 3.44% -5.09% -0.52%
Assets 1 280.1 413.8 550.9 1,820 1,100 -2,382
Book Value Per Share 2 2.580 3.410 4.730 11.50 10.40 10.10
Cash Flow per Share 2 2.320 2.680 2.330 2.320 1.360 3.380
Capex 1 9.22 2.69 4.51 10 3.16 3.67
Capex / Sales 4.16% 0.95% 1.19% 2.11% 0.73% 0.84%
Announcement Date 29/04/19 09/03/21 25/04/21 22/04/22 25/04/23 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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