QINHUANGDAO TIANQIN EQUIPMENT MANUFACTURING CO.,LTD. Financials Qinhuangdao Tianqin Equipment Manufacturing Co.,Ltd.
Equities
300922
CNE1000049Z4
Aerospace & Defense
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 14.59 CNY | +1.39% |
|
-4.89% | -14.53% |
Valuation
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Capitalization 1 | 4,340 | 4,077 | 2,151 | 2,677 |
| Enterprise Value (EV) 1 | 3,748 | 3,496 | 1,597 | 2,170 |
| P/E ratio | 50.3 x | 50.6 x | 80.7 x | 81.3 x |
| Yield | 0.9% | 0.96% | 0.73% | 0.88% |
| Capitalization / Revenue | 18.9 x | 16.9 x | 14.5 x | 17.3 x |
| EV / Revenue | 16.3 x | 14.5 x | 10.8 x | 14 x |
| EV / EBITDA | 47.1 x | 42.5 x | 50 x | 56.5 x |
| EV / FCF | 636 x | 752 x | -367 x | -53.1 x |
| FCF Yield | 0.16% | 0.13% | -0.27% | -1.88% |
| Price to Book | 5.19 x | 4.65 x | 2.48 x | 3.03 x |
| Nbr of stocks (in thousands) | 1,56,811 | 1,56,811 | 1,56,811 | 1,56,811 |
| Reference price 2 | 27.68 | 26.00 | 13.72 | 17.07 |
| Announcement Date | 15/04/21 | 21/04/22 | 30/03/23 | 09/04/24 |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 222.3 | 212.8 | 230.2 | 241 | 147.9 | 154.6 |
| EBITDA 1 | 75.73 | 68.42 | 79.62 | 82.23 | 31.95 | 38.42 |
| EBIT 1 | 64.66 | 58.03 | 68.91 | 71.71 | 21.06 | 27.62 |
| Operating Margin | 29.08% | 27.28% | 29.94% | 29.75% | 14.24% | 17.87% |
| Earnings before Tax (EBT) 1 | 67.64 | 60.55 | 74.55 | 93.28 | 30.94 | 41.73 |
| Net income 1 | 61.18 | 52.47 | 64.4 | 80.67 | 26.89 | 32.19 |
| Net margin | 27.52% | 24.66% | 27.98% | 33.47% | 18.18% | 20.82% |
| EPS 2 | 0.5214 | 0.4429 | 0.5500 | 0.5143 | 0.1700 | 0.2100 |
| Free Cash Flow 1 | 28.57 | 18.93 | 5.898 | 4.649 | -4.354 | -40.87 |
| FCF margin | 12.85% | 8.9% | 2.56% | 1.93% | -2.94% | -26.44% |
| FCF Conversion (EBITDA) | 37.73% | 27.67% | 7.41% | 5.65% | - | - |
| FCF Conversion (Net income) | 46.71% | 36.09% | 9.16% | 5.76% | - | - |
| Dividend per Share 2 | 0.5357 | - | 0.2500 | 0.2500 | 0.1000 | 0.1500 |
| Announcement Date | 28/03/19 | 02/03/20 | 15/04/21 | 21/04/22 | 30/03/23 | 09/04/24 |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - |
| Net Cash position 1 | 140 | 158 | 592 | 581 | 554 | 507 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - |
| Free Cash Flow 1 | 28.6 | 18.9 | 5.9 | 4.65 | -4.35 | -40.9 |
| ROE (net income / shareholders' equity) | 19.1% | 15.2% | 10.7% | 9.42% | 3.08% | 3.68% |
| ROA (Net income/ Total Assets) | 10.7% | 9.15% | 6.6% | 4.92% | 1.42% | 1.82% |
| Assets 1 | 571.7 | 573.5 | 975.5 | 1,639 | 1,896 | 1,764 |
| Book Value Per Share 2 | 2.760 | 3.100 | 5.330 | 5.600 | 5.520 | 5.630 |
| Cash Flow per Share 2 | 1.190 | 1.340 | 3.770 | 2.730 | 2.350 | 3.180 |
| Capex 1 | 12.1 | 6.58 | 9.45 | 48.6 | 40.3 | 124 |
| Capex / Sales | 5.45% | 3.09% | 4.11% | 20.18% | 27.25% | 80.51% |
| Announcement Date | 28/03/19 | 02/03/20 | 15/04/21 | 21/04/22 | 30/03/23 | 09/04/24 |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| -14.53% | 31Cr | |
| +23.82% | 14TCr | |
| +15.15% | 8.19TCr | |
| +0.44% | 6.96TCr | |
| +22.60% | 5.21TCr | |
| +6.15% | 4.24TCr | |
| +67.97% | 3.64TCr | |
| +78.40% | 2.42TCr | |
| +11.79% | 2.18TCr | |
| +39.71% | 2.18TCr |
- Stock Market
- Equities
- 300922 Stock
- Financials Qinhuangdao Tianqin Equipment Manufacturing Co.,Ltd.
