Financials Sichuan Kexin Mechanical and Electrical Equipment Co.,Ltd

Equities

End-of-day quote Shenzhen S.E. Other stock markets 03:30:00 30/04/2024 am IST			5-day change	1st Jan Change
10.32 ^CNY	-0.86%		+5.52%	-22.52%

24/04	Sichuan Kexin Mechanical and Electrical Equipment Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
01/04	Sichuan Kexin Mechanical and Electrical Equipment Co.,Ltd Proposes Final Cash Dividend for the Year 2023	CI

Fiscal Period: December	2021	2022	2023	2024	2025
Capitalization ¹	2,985	3,092	3,649	2,827	-
Enterprise Value (EV) ¹	2,985	3,092	3,649	2,827	2,827
P/E ratio	31.9 x	25.5 x	21.7 x	14.7 x	10.1 x
Yield	-	-	1.73%	2.62%	3.2%
Capitalization / Revenue	-	2.88 x	2.44 x	1.59 x	1.17 x
EV / Revenue	-	2.88 x	2.44 x	1.59 x	1.17 x
EV / EBITDA	-	18.9 x	17.2 x	11.6 x	8.09 x
EV / FCF	-	-	-	-	-
FCF Yield	-	-	-	-	-
Price to Book	-	3.65 x	2.4 x	1.71 x	1.44 x
Nbr of stocks (in thousands)	2,31,599	2,31,599	2,73,923	2,73,923	-
Reference price ²	12.89	13.35	13.32	10.32	10.32
Announcement Date	29/03/22	30/03/23	29/03/24	-	-

¹CNY in Million²CNY

Estimates

Fiscal Period: December	2021	2022	2023	2024	2025
Net sales ¹	-	1,075	1,497	1,782	2,421
EBITDA ¹	-	163.2	212.1	244	349.3
EBIT ¹	-	139.3	195	227	324.3
Operating Margin	-	12.95%	13.03%	12.74%	13.4%
Earnings before Tax (EBT) ¹	-	139.8	191.3	227	324.1
Net income ¹	93.47	121.2	163.5	192	278.5
Net margin	-	11.27%	10.92%	10.77%	11.51%
EPS ²	0.4036	0.5234	0.6127	0.7000	1.020
Free Cash Flow	-	-	-	-	-
FCF margin	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-
Dividend per Share ²	-	-	0.2300	0.2700	0.3300
Announcement Date	29/03/22	30/03/23	29/03/24	-	-

¹CNY in Million²CNY

Estimates

Fiscal Period: December	2021	2022	2023	2024	2025
Net Debt	-	-	-	-	-
Net Cash position	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-
Free Cash Flow	-	-	-	-	-
ROE (net income / shareholders' equity)	-	15.3%	12%	12.1%	14.4%
ROA (Net income/ Total Assets)	-	-	-	7.6%	8%
Assets ¹	-	-	-	2,526	3,482
Book Value Per Share ²	-	3.660	5.560	6.030	7.180
Cash Flow per Share ²	-	0.3000	0.0400	0.5300	0.8300
Capex ¹	-	15.5	67.6	32	33.6
Capex / Sales	-	1.44%	4.52%	1.8%	1.39%
Announcement Date	29/03/22	30/03/23	29/03/24	-	-

¹CNY in Million²CNY

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

10.32 CNY

Average target price

12.9 CNY

Spread / Average Target

+25.00%

	1st Jan change	Capi.
SICHUAN KEXIN MECHANICAL AND ELECTRICAL EQUIPMENT CO.,LTD	-22.52%	390M
ATLAS COPCO AB	+11.21%	82.83B
PARKER-HANNIFIN CORPORATION	+17.86%	69.72B
INGERSOLL RAND INC.	+20.14%	37.53B
XYLEM INC.	+14.52%	31.66B
FANUC CORPORATION	+12.78%	27.96B
FORTIVE CORPORATION	+2.46%	26.56B
TECHTRONIC INDUSTRIES CO. LTD.	+13.70%	25.65B
SANDVIK AB	+0.96%	25.46B
DOVER CORPORATION	+15.63%	24.44B