Financials Shenzhen Minkave Technology Co., Ltd.

Equities

300506

CNE1000026B3

Construction & Engineering

End-of-day quote Shenzhen S.E. 03:30:00 26/06/2024 am IST 5-day change 1st Jan Change
1.41 CNY -4.08% Intraday chart for Shenzhen Minkave Technology Co., Ltd. -14.02% -71.34%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 4,965 5,614 3,956 5,398 4,229 3,422
Enterprise Value (EV) 1 4,999 5,729 4,339 5,582 4,492 3,688
P/E ratio 15 x 37.3 x -11.4 x -9.7 x -8.94 x -9.11 x
Yield 1.04% 0.41% - - - -
Capitalization / Revenue 3.8 x 4.48 x 7.71 x 9.74 x 34.4 x 42.2 x
EV / Revenue 3.83 x 4.58 x 8.46 x 10.1 x 36.5 x 45.5 x
EV / EBITDA 11.5 x 27.5 x -16 x -17.3 x -11.7 x -16.4 x
EV / FCF -23.8 x -23.5 x -55.8 x 74 x 638 x 58.6 x
FCF Yield -4.2% -4.25% -1.79% 1.35% 0.16% 1.71%
Price to Book 2.64 x 2.79 x 2.97 x 5.13 x 8.12 x 23.7 x
Nbr of stocks (in thousands) 6,55,046 6,55,046 6,55,046 6,95,597 6,95,597 6,95,597
Reference price 2 7.579 8.570 6.040 7.760 6.080 4.920
Announcement Date 26/04/19 26/04/20 28/04/21 01/04/22 26/04/23 25/04/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,307 1,252 512.9 554.4 123 81.13
EBITDA 1 435.4 208.4 -272 -323 -384.2 -224.9
EBIT 1 427.3 199.1 -281.4 -330.2 -388.6 -228.1
Operating Margin 32.7% 15.91% -54.87% -59.57% -315.87% -281.11%
Earnings before Tax (EBT) 1 401.5 207 -385.5 -516.9 -427.2 -299.8
Net income 1 315.8 147.9 -350 -526.9 -474.9 -376.5
Net margin 24.16% 11.81% -68.23% -95.04% -386.02% -464.05%
EPS 2 0.5053 0.2300 -0.5300 -0.8000 -0.6800 -0.5400
Free Cash Flow 1 -210.2 -243.4 -77.83 75.41 7.042 62.97
FCF margin -16.09% -19.44% -15.17% 13.6% 5.72% 77.62%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 0.0789 0.0350 - - - -
Announcement Date 26/04/19 26/04/20 28/04/21 01/04/22 26/04/23 25/04/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q1
Net sales -
EBITDA -
EBIT -
Operating Margin -
Earnings before Tax (EBT) -
Net income 1 12.67
Net margin -
EPS 2 0.0200
Dividend per Share -
Announcement Date 27/04/22
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 34.2 115 383 184 263 266
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 0.0786 x 0.5532 x -1.406 x -0.5711 x -0.6846 x -1.182 x
Free Cash Flow 1 -210 -243 -77.8 75.4 7.04 63
ROE (net income / shareholders' equity) 25.5% 8.86% -18.8% -42.3% -62.6% -113%
ROA (Net income/ Total Assets) 10.6% 3.32% -4.93% -7.76% -13.3% -11.6%
Assets 1 2,973 4,451 7,093 6,790 3,568 3,235
Book Value Per Share 2 2.870 3.070 2.030 1.510 0.7500 0.2100
Cash Flow per Share 2 0.8800 1.090 0.6300 0.3600 0.1100 0.0300
Capex 1 10.4 70.1 26 82.5 31.6 43.8
Capex / Sales 0.8% 5.6% 5.07% 14.88% 25.7% 54.02%
Announcement Date 26/04/19 26/04/20 28/04/21 01/04/22 26/04/23 25/04/24
1CNY in Million2CNY
Estimates
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