Financials State Power Rixin Technology Co., Ltd.

Equities

301162

CNE100005CG7

Software

End-of-day quote Shenzhen S.E. 03:30:00 03/06/2024 am IST 5-day change 1st Jan Change
48.66 CNY +1.19% Intraday chart for State Power Rixin Technology Co., Ltd. -4.61% -6.21%

Valuation

Fiscal Period: December 2022 2023 2024 2025 2026
Capitalization 1 6,226 5,149 4,829 - -
Enterprise Value (EV) 1 6,226 4,434 4,829 4,829 4,829
P/E ratio 85.3 x 62.5 x 42.1 x 31.5 x 25.2 x
Yield 0.63% 0.87% 0.73% 0.93% 1.61%
Capitalization / Revenue 17.3 x 11.3 x 8.33 x 6.49 x 5.15 x
EV / Revenue 17.3 x 11.3 x 8.33 x 6.49 x 5.15 x
EV / EBITDA 90.6 x 53.6 x 40.5 x 30.4 x 25.7 x
EV / FCF - 16,13,22,620 x - - -
FCF Yield - 0% - - -
Price to Book 6.19 x 4.8 x 4.25 x 3.83 x 3.51 x
Nbr of stocks (in thousands) 99,250 99,250 99,250 - -
Reference price 2 62.73 51.88 48.66 48.66 48.66
Announcement Date 11/04/23 12/04/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Net sales 1 - 359.5 456.2 579.7 743.7 938
EBITDA 1 - 68.75 96.13 119.3 158.8 187.8
EBIT 1 - 65.57 83.37 111.5 158.6 199.7
Operating Margin - 18.24% 18.27% 19.23% 21.32% 21.29%
Earnings before Tax (EBT) 1 - 65.57 83.47 111.5 158.6 199.7
Net income 1 59.18 67.08 84.25 114.7 153.5 191.9
Net margin - 18.66% 18.47% 19.79% 20.64% 20.46%
EPS 2 0.7929 0.7357 0.8300 1.156 1.547 1.934
Free Cash Flow - - 31.92 - - -
FCF margin - - 7% - - -
FCF Conversion (EBITDA) - - 33.2% - - -
FCF Conversion (Net income) - - 37.89% - - -
Dividend per Share 2 - 0.3929 0.4500 0.3575 0.4525 0.7850
Announcement Date 27/04/22 11/04/23 12/04/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q2 2022 S1 2022 Q3 2023 S1
Net sales 1 80.12 140.7 79.09 -
EBITDA - - - -
EBIT - - - -
Operating Margin - - - -
Earnings before Tax (EBT) - - - -
Net income 15.77 21.07 - 33.15
Net margin 19.68% 14.97% - -
EPS - - - 0.3300
Dividend per Share - - - -
Announcement Date 28/08/22 28/08/22 24/10/22 17/08/23
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Net Debt - - - - - -
Net Cash position - - 715 - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - 31.9 - - -
ROE (net income / shareholders' equity) - 9.03% 8.14% 10.3% 12.3% 14.1%
ROA (Net income/ Total Assets) - 8.03% 6.39% 8.05% 9.16% 9.69%
Assets 1 - 835 1,319 1,426 1,677 1,980
Book Value Per Share 2 - 10.10 10.80 11.40 12.70 13.80
Cash Flow per Share 2 - 0.6000 0.6800 0.6300 1.080 1.200
Capex 1 - 5.9 35.3 25.9 22.9 25.4
Capex / Sales - 1.64% 7.75% 4.46% 3.08% 2.71%
Announcement Date 27/04/22 11/04/23 12/04/24 - - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
10
Last Close Price
48.66 CNY
Average target price
63.86 CNY
Spread / Average Target
+31.23%
Consensus

Quarterly revenue - Rate of surprise

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