Financials Suzhou Novosense Microelectronics Co., Ltd.

Equities

688052

CNE100005972

Semiconductors

End-of-day quote Shanghai S.E. 03:30:00 14/06/2024 am IST 5-day change 1st Jan Change
101.7 CNY +1.21% Intraday chart for Suzhou Novosense Microelectronics Co., Ltd. +13.91% -39.04%

Valuation

Fiscal Period: December 2022 2023 2024 2025 2026
Capitalization 1 32,098 23,781 14,337 - -
Enterprise Value (EV) 1 30,878 22,640 13,869 14,049 14,337
P/E ratio 118 x -77.6 x -87.8 x 53.1 x 44.5 x
Yield 0.25% - - 0.08% 0.36%
Capitalization / Revenue 19.2 x 18.1 x 7.94 x 5.56 x 4.51 x
EV / Revenue 18.5 x 17.3 x 7.68 x 5.44 x 4.51 x
EV / EBITDA 101 x -110 x -173 x 53.2 x 28.9 x
EV / FCF -49.3 x -22 x 79.2 x 78 x -
FCF Yield -2.03% -4.55% 1.26% 1.28% -
Price to Book 4.94 x 3.83 x 2.37 x 2.31 x 2.25 x
Nbr of stocks (in thousands) 1,41,490 1,42,528 1,40,942 - -
Reference price 2 226.9 166.8 101.7 101.7 101.7
Announcement Date 21/02/23 24/02/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Net sales 1 - 1,670 1,311 1,805 2,580 3,182
EBITDA 1 - 304.9 -205.2 -80.33 264 495.5
EBIT 1 - 253.7 -296.4 -165.5 76 324
Operating Margin - 15.19% -22.61% -9.17% 2.95% 10.18%
Earnings before Tax (EBT) 1 - 253.1 -297.1 -165.8 89.6 334.3
Net income 1 220.6 250.6 -305.3 -164.8 87.6 325.7
Net margin - 15% -23.29% -9.13% 3.39% 10.23%
EPS 2 2.079 1.929 -2.150 -1.158 1.917 2.283
Free Cash Flow 1 - -626.4 -1,030 175 180 -
FCF margin - -37.5% -78.56% 9.69% 6.98% -
FCF Conversion (EBITDA) - - - - 68.18% -
FCF Conversion (Net income) - - - - 205.48% -
Dividend per Share 2 - 0.5714 - - 0.0800 0.3650
Announcement Date 30/03/22 21/02/23 24/02/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1
Net sales 1 454.4 482.6 394.3 471 252.7 277.1 310.1 362.5
EBITDA - - - - - - - -
EBIT 1 - 64.15 -28.94 -2.602 -147 -139.6 - -149.8
Operating Margin - 13.29% -7.34% -0.55% -58.17% -50.35% - -41.32%
Earnings before Tax (EBT) - - -29.46 - - - - -
Net income 110.7 - 8.567 - - - - -
Net margin 24.37% - 2.17% - - - - -
EPS 2 - - 0.007140 - -0.9500 -0.8400 -0.3800 -1.050
Dividend per Share - - - - - - - -
Announcement Date 26/08/22 28/10/22 21/02/23 23/04/23 23/08/23 23/10/23 24/02/24 25/04/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - -
Net Cash position 1 - 1,220 1,141 468 288 -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 - -626 -1,030 175 180 -
ROE (net income / shareholders' equity) - 5.7% -4.79% -2.68% 1.41% 4.98%
ROA (Net income/ Total Assets) - 6.51% -4.36% -2.28% 1.6% 5.07%
Assets 1 - 3,851 7,003 7,228 5,475 6,423
Book Value Per Share 2 - 45.90 43.50 43.00 44.10 45.20
Cash Flow per Share 2 - -1.620 -0.9800 -1.570 0.1600 1.960
Capex 1 - 398 890 431 393 464
Capex / Sales - 23.8% 67.93% 23.89% 15.24% 14.58%
Announcement Date 30/03/22 21/02/23 24/02/24 - - -
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

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
6
Last Close Price
101.7 CNY
Average target price
115.4 CNY
Spread / Average Target
+13.41%
Consensus
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