Financials Shenzhen V&T Technologies Co., Ltd.

Equities

300484

CNE100002672

Electrical Components & Equipment

End-of-day quote Shenzhen S.E. 03:30:00 30/04/2024 am IST 5-day change 1st Jan Change
15.6 CNY -10.34% Intraday chart for Shenzhen V&T Technologies Co., Ltd. -6.87% +23.52%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 4,493 2,328 1,895 3,339 3,184 2,166
Enterprise Value (EV) 1 4,269 2,168 1,711 3,038 2,852 1,842
P/E ratio 34.8 x 93.3 x -12.5 x 64.5 x 51.5 x 26.3 x
Yield 0.46% - - 0.47% 1.68% 3.43%
Capitalization / Revenue 7.76 x 5.79 x 5.92 x 8.33 x 6.22 x 4.85 x
EV / Revenue 7.37 x 5.4 x 5.35 x 7.58 x 5.57 x 4.12 x
EV / EBITDA 29 x 53.1 x -23.9 x 52.6 x 35.1 x 19.6 x
EV / FCF 153 x -122 x 20.8 x 32.1 x 37.4 x 80.9 x
FCF Yield 0.65% -0.82% 4.81% 3.12% 2.68% 1.24%
Price to Book 6.36 x 3.29 x 3.46 x 5.56 x 4.93 x 3.31 x
Nbr of stocks (in thousands) 2,08,000 2,08,000 2,07,122 2,07,122 2,05,934 2,06,255
Reference price 2 21.60 11.19 9.150 16.12 15.46 10.50
Announcement Date 16/04/18 22/04/19 27/04/20 21/04/21 19/04/22 25/04/23
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 579 401.8 320.1 400.7 511.9 446.9
EBITDA 1 147.3 40.81 -71.52 57.72 81.36 93.97
EBIT 1 143.4 35.62 -81.28 48.19 72.27 86.41
Operating Margin 24.77% 8.86% -25.39% 12.03% 14.12% 19.33%
Earnings before Tax (EBT) 1 148.1 25.4 -169.3 63.14 77.68 93.88
Net income 1 128.3 24.52 -152.3 52.12 61.91 83.67
Net margin 22.15% 6.1% -47.59% 13.01% 12.09% 18.72%
EPS 2 0.6200 0.1200 -0.7300 0.2500 0.3000 0.4000
Free Cash Flow 1 27.94 -17.73 82.27 94.74 76.32 22.78
FCF margin 4.83% -4.41% 25.7% 23.64% 14.91% 5.1%
FCF Conversion (EBITDA) 18.97% - - 164.14% 93.81% 24.24%
FCF Conversion (Net income) 21.78% - - 181.78% 123.28% 27.22%
Dividend per Share 2 0.1000 - - 0.0750 0.2600 0.3600
Announcement Date 16/04/18 22/04/19 27/04/20 21/04/21 19/04/22 25/04/23
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - - - -
Net Cash position 1 224 159 184 301 331 324
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 27.9 -17.7 82.3 94.7 76.3 22.8
ROE (net income / shareholders' equity) 19.5% 3.47% -24.3% 9.08% 10.4% 12.5%
ROA (Net income/ Total Assets) 8.45% 2.04% -5.29% 3.16% 4.49% 5.54%
Assets 1 1,518 1,201 2,879 1,652 1,378 1,511
Book Value Per Share 2 3.400 3.400 2.650 2.900 3.140 3.170
Cash Flow per Share 2 1.120 0.9000 0.8600 1.270 1.610 1.650
Capex 1 11.6 16.9 7.87 11.4 2.97 1.24
Capex / Sales 2.01% 4.2% 2.46% 2.85% 0.58% 0.28%
Announcement Date 16/04/18 22/04/19 27/04/20 21/04/21 19/04/22 25/04/23
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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