Financials Shaanxi Aerospace Power Hi-Tech Co., Ltd.

Equities

600343

CNE000001DT8

Industrial Machinery & Equipment

End-of-day quote Shanghai S.E. 03:30:00 30/04/2024 am IST 5-day change 1st Jan Change
8.06 CNY +0.88% Intraday chart for Shaanxi Aerospace Power Hi-Tech Co., Ltd. +4.68% -17.33%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 4,850 5,840 6,229 8,807 5,584 6,223
Enterprise Value (EV) 1 4,304 5,540 6,043 8,473 5,445 6,336
P/E ratio 211 x -71.4 x 226 x -34.1 x -140 x -31.9 x
Yield 0.66% - - - - -
Capitalization / Revenue 2.57 x 2.2 x 4.99 x 7.18 x 4.38 x 6.91 x
EV / Revenue 2.28 x 2.09 x 4.84 x 6.91 x 4.27 x 7.04 x
EV / EBITDA 46.3 x -184 x 134 x -36.8 x 283 x -182 x
EV / FCF 13,449 x -30.9 x 150 x 35.6 x 38.7 x -135 x
FCF Yield 0.01% -3.24% 0.67% 2.81% 2.58% -0.74%
Price to Book 2.2 x 2.79 x 2.9 x 4.66 x 3 x 3.78 x
Nbr of stocks (in thousands) 6,38,206 6,38,206 6,38,206 6,38,206 6,38,206 6,38,206
Reference price 2 7.600 9.150 9.760 13.80 8.750 9.750
Announcement Date 22/03/19 27/04/20 28/04/21 28/04/22 28/04/23 29/04/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,888 2,652 1,249 1,226 1,275 900.3
EBITDA 1 92.95 -30.08 45.08 -230.5 19.24 -34.76
EBIT 1 21.84 -99.37 -25.85 -301.4 -66.09 -98.81
Operating Margin 1.16% -3.75% -2.07% -24.58% -5.18% -10.97%
Earnings before Tax (EBT) 1 37.14 -94.41 33.97 -294.3 -32.17 -222.8
Net income 1 23.03 -81.75 27.61 -257.9 -39.96 -195.4
Net margin 1.22% -3.08% 2.21% -21.04% -3.13% -21.7%
EPS 2 0.0361 -0.1281 0.0433 -0.4042 -0.0626 -0.3061
Free Cash Flow 1 0.32 -179.4 40.28 238.1 140.7 -46.77
FCF margin 0.02% -6.77% 3.22% 19.42% 11.03% -5.2%
FCF Conversion (EBITDA) 0.34% - 89.34% - 731.46% -
FCF Conversion (Net income) 1.39% - 145.87% - - -
Dividend per Share 2 0.0500 - - - - -
Announcement Date 22/03/19 27/04/20 28/04/21 28/04/22 28/04/23 29/04/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - 114
Net Cash position 1 547 300 186 334 139 -
Leverage (Debt/EBITDA) - - - - - -3.273 x
Free Cash Flow 1 0.32 -179 40.3 238 141 -46.8
ROE (net income / shareholders' equity) 1.26% -2.94% 1.21% -12.1% -1.65% -11.8%
ROA (Net income/ Total Assets) 0.31% -1.37% -0.38% -4.96% -1.21% -1.97%
Assets 1 7,462 5,972 -7,270 5,202 3,297 9,941
Book Value Per Share 2 3.460 3.280 3.370 2.960 2.920 2.580
Cash Flow per Share 2 1.700 0.8900 0.9900 1.120 0.7900 0.5200
Capex 1 142 70.1 27.7 33.9 69 107
Capex / Sales 7.52% 2.64% 2.21% 2.76% 5.41% 11.84%
Announcement Date 22/03/19 27/04/20 28/04/21 28/04/22 28/04/23 29/04/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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